NOT LISTED FOR SALE

Estimated Value: $3,804,000 - $4,888,000

3 Beds
3 Baths
2,625 Sq Ft
$1,621/Sq Ft Est. Value

Sale Details

Date Sold: February 15, 2019

Last sale price $1,900,000 $724 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $25,257 / mo

254 Days on Market

Highlights

  • Ocean View
  • 0.97 Acre Lot
  • Deck
  • Property is near an ocean
  • Fruit Trees
  • Ranch Style House

About This Home

As of February 2019

*WATCH THE VIDEO* Copy and Paste this link: vimeo.com/261155873. Set in a tranquil and private setting on roughly 1 acre, 349 Ridgecrest Drive offers fantastic views from nearly every direction. The backyard receives lovely ocean and island views as well and beautiful setting views of the property's gardens and fruit trees. 349 Ridgecrest also receives huge, unobstructed mountain views from several indoor and outdoor vantage points.

As you approach the property, you'll notice a wrap-around driveway which makes driving and parking extremely convenient. The interior of the home is very spacious and has been maintained in great condition. The formal living room with fireplace is set beneath a soaring cathedral ceiling made of wood beams with a rustic, washed appearance. The formal living room has countless large windows that frame beautiful views and let in an abundance of natural light. The living room also opens directly to two separate outdoor decks. One deck receives lovely ocean views while the other deck receives bold mountain views!

Just off the living room rests the formal dining area, which is also set beneath a beautiful, wood beam, pitched ceiling. A sliding door in the dining area opens directly to the outdoor deck and gardens, creating a great indoor/outdoor flow. The ocean view kitchen is bathed in natural sunlight and features a massive center island with bar-style seating. Similar to the dining area, the kitchen boasts large, glass sliding doors that open to the outdoor deck and gardens.

A dramatic hallway with ocean and island views connects the kitchen and master suite. The master suite is framed by a wrap-around deck with blooming flowers. The master also boasts a gorgeous cathedral ceiling design and captures what are debatably the best ocean views on the entire property!

In addition, 349 Ridgecrest offers two additional guest rooms, both of which have en-suite baths. The guest room towards the western corner of the residence opens to a private patio overlooking more incredible mountain views. An office completes the floor plan of this lovely residence.

The property's mature fruit trees and hedges make the outdoor areas feel immensely private and secluded. The large and usable backyard has incredible potential and offers abundant room for a pool, garden, or guest house! Coveted by locals, Ridgecrest Drive is a unique street because it remains far enough from the freeway to avoid road noise, yet still is relatively close to town and has just enough elevation to overlook great ocean and island views!

Last Agent to Sell the Property

Grubb Campbell Group

Village Properties License #01236143 / 01410304 Listed on: 03/23/2018

Last Buyer's Agent

Grubb Campbell Group

Village Properties License #01236143 / 01410304 Listed on: 03/23/2018

Range of Values:

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Value Increase
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Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1976

Lot Details

  • 42,253 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot
  • Fruit Trees
  • Lawn
  • Property is in good condition

Property Views

  • Ocean
  • Mountain

Home Design

  • Ranch Style House
  • Wood Siding

Interior Spaces

  • 2,625 Sq Ft Home
  • Cathedral Ceiling
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • Carport
  • Uncovered Parking

Outdoor Features

  • Property is near an ocean
  • Deck

Schools

  • Summerland Elementary School
  • Carp. Jr. Middle School
  • Carp. Sr. High School

Utilities

  • Forced Air Heating System
  • Septic System

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 005-020-036

Home Details

Home Type

Single Family

Year Built

Built in 1976

Lot Details

0.97 Acres

Listing Details

  • Directions: Ortega Ridge to Ridgecrest
  • Prop. Type: Residential
  • Year Built: 1976
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Common Area
  • ResoLotFeatures: Level
  • Subdivision Name: Other
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Reso Flooring: Wood, Carpet
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1976
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.97
  • NeighborhoodSchools Elementary School: Summerland
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Property Information Within City Limits: No
  • Construction Single Story2: Yes
  • Exterior Wood Siding: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Primary: Yes
  • Fireplace(s) LR: Yes
  • Rooms Office3: Yes
  • Dining Formal2: Yes
  • Condition Good2: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • WaterSewer Septic In: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Deck3: Yes
  • ViewOcean: Yes
  • FlrWdw Coverings Wood2: Yes
  • Laundry Common Area2: Yes
  • View Other27: Yes
  • ParkingGarage Unc #33: Yes
  • ParkingGarage Cpt #22: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: LR

Exterior Features

  • View: Other, Mountain(s), Ocean, Setting
  • Construction Type: Wood Siding
  • Acres: 0.97
  • Topography: Level
  • Exterior Features: Deck, Lawn, Fruit Trees, Fenced: PRT

Garage/Parking

  • Attached Garage: No
  • Parking Features: Cpt #2, Unc #3

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

  • Elementary School: Summerland
  • High School: Carp. Sr.
  • Middle Or Junior School: Carp. Jr.

Lot Info

  • Parcel #: 005-020-036
  • Zoning: R-1
  • Lot Size Sq Ft: 42253.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2018
Closed on
Mar 6, 2019
Sold by
Bought by
Seller's Agent
Grubb Campbell Group
Village Properties
Buyer's Agent
Grubb Campbell Group
Village Properties
List Price
$2,395,000
Sold Price
$1,900,000
Premium/Discount to List
-$495,000
-20.67%
Current Estimated Value
$4,255,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,355,957
Avg. Annual Appreciation
11.40%
Original Mortgage
$1,421,250
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 23, 2018
Closed on
Jan 25, 2019
Sold by
Bought by
Seller's Agent
Grubb Campbell Group
Village Properties
Buyer's Agent
Grubb Campbell Group
Village Properties
List Price
$2,395,000
Sold Price
$1,900,000
Premium/Discount to List
-$495,000
-20.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,421,250
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 5, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.05%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 17, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.05%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 5, 2010
Sold by
Bought by

Purchase Details

Closed on
Oct 8, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Santa Barbara, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$1,900,000 Chicago Title Co
-- Chicago Title Company
-- Fidelity Title Company
-- None Available
-- None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,421,250
Previous Owner $150,000
Previous Owner $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/15/2019 02/15/19 Sold $1,900,000 -20.7% $724 / Sq Ft
12/02/2018 12/02/18 Pending -- -- --
03/23/2018 03/23/18 For Sale $2,395,000 -- $912 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $22,383 $2,172,274 $1,365,392 $806,882
2025 $21,840 $2,129,681 $1,338,620 $791,061
2023 $21,840 $2,037,181 $1,286,641 $750,540
2022 $21,099 $1,997,237 $1,261,413 $735,824
2021 $20,657 $1,958,077 $1,236,680 $721,397
2020 $20,452 $1,938,000 $1,224,000 $714,000
2019 $9,988 $942,875 $514,766 $428,109
2018 $9,757 $924,388 $504,673 $419,715
2017 $9,587 $906,264 $494,778 $411,486
2016 $9,421 $888,495 $485,077 $403,418
2014 $8,758 $858,008 $468,432 $389,576
Source: Public Records

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 18-1000

Santa Barbara Multiple Listing Service

APN: 005-020-036

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