NOT LISTED FOR SALE

Estimated Value: $3,222,000 - $9,320,000

4 Beds
4 Baths
1,912 Sq Ft
$3,363/Sq Ft Est. Value

Last Sold September 27, 2024

Last sale price $10,000,000 $5,230 Per Sq Ft

Est. 36% decrease in value since last sale

Current estimated payment $36,451/month

242 Days on Market

Highlights

  • Additional Residence on Property
  • 0.39 Acre Lot
  • Contemporary Architecture
  • Ocean Front
  • Deck
  • Multiple Fireplaces

About This Home

As of September 2024

Panoramic ocean & island views are enjoyed from this charming 3/3 with 1/1 guest house on the sand of Santa Barbara's most desirable beach. Open beam ceilings, walls of glass & a Texas shellstone fireplace enhance the beachy vibe. Inside are 2 ocean view dining areas, one for larger gatherings & the other for a casual meal next to the kitchen. Outside, al fresco dining can be on either the large deck or closer to the beach on the seaside patio. Upstairs, the primary suite is a private sanctuary, with a romantic seaside deck plus a mtn view deck. Both guest brms (one now used as a den) have full baths. The detached guest house has a living rm with fireplace, brm, small kitchen & large deck with ocean peeks, all atop a laundry rm & 2 car garage. Please visit PadaroLaneHome.com/unbranded.

Last Agent to Sell the Property

Kathleen Hurley Winter Real Estate

Berkshire Hathaway HomeServices California Properties License #01022891 Listed on: 10/01/2023

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Nancy Kogevinas

Berkshire Hathaway HomeServices California Properties License #01209514

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,787

Year Built

  • Built in 1960

Lot Details

  • 0.39 Acre Lot
  • Ocean Front
  • Partially Fenced Property
  • Level Lot
  • Lawn
  • Property is in good condition

Property Views

  • Ocean
  • Beach
  • Island
  • Coastline
  • Panoramic
  • City
  • Mountain

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,912 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • Multiple Fireplaces
  • Living Room with Fireplace
  • Dining Area
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • 4 Full Bathrooms

Parking

  • Detached Garage
  • Uncovered Parking

Outdoor Features

  • Property is near an ocean
  • Deck
  • Patio

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Sewer Stub Out

Additional Features

  • Additional Residence on Property
  • Property is near shops

Listing and Financial Details

  • Assessor Parcel Number 005-410-015

Community Details

Overview

  • 2 Units
  • 05 Padaro Subdivision

Amenities

  • Restaurant

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,787

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Directions: Highway 101 to either Padaro Lane exit.
  • Prop. Type: Residential
  • Year Built: 1960
  • Reso Property Sub Type: Home/Estate
  • Road Frontage Type: Oceanfront
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level, Waterfront, Oceanfront
  • Subdivision Name: 05 - Padaro
  • Architectural Style: Contemporary
  • Reso Flooring: Laminate, Carpet, Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1960
  • Property Information Total #Units: 2
  • Property Information Apx # Acres: 0.39
  • NeighborhoodSchools Elementary School: CLA
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Roof:Composition: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Unc #4: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • Proximity Near Ocean2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Gas Range2: Yes
  • Fireplace(s) LR: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Tile3: Yes
  • Property Information Main House SqFt: 1912.0
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Amenities Guest House2: Yes
  • Property Information Apx Lot SqFt: 50.0
  • Condition Good2: Yes
  • Style:Contemporary2: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Deck3: Yes
  • Other Buildings Second Residence2: Yes
  • ViewOcean: Yes
  • View Coastline: Yes
  • View Islands: Yes
  • ParkingGarage Detached: Yes
  • View Beach2: Yes
  • FlrWdw Coverings Laminate2: Yes
  • Pets Yes: Yes
  • LocationTopo Oceanfront2: Yes
  • View City4: Yes
  • Dining Nook2: Yes
  • Cooling Ceiling Fan(s): Yes
  • Fireplace(s) 23: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Dishwasher, Disposal
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Other, 2, LR

Exterior Features

  • Roof: Composition
  • View: Beach, Mountain(s), Islands, Coastline, Ocean, City, Panoramic
  • Construction Type: Wood Siding
  • Acres: 0.39
  • Topography: Level
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Exterior Features: Deck, Patio Open, Lawn, Fenced: PRT

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2, Unc #4, Detached

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Carp Wtr
  • Heating:Forced Air: Yes

Schools

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

Lot Info

  • Parcel #: 005-410-015
  • Zoning: Other
  • Lot Size Sq Ft: 50.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2024
Sold by
Hollander/Zimbleman Family Trust and Zimbleman Steven R
Bought by
3519 Padaro Lane Llc
Current Estimated Value
$6,430,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,350,000
Interest Rate
6.49%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 7, 2004
Sold by
Zimbleman Steven R and Hollander Carolyn J
Bought by
Zimbleman Steven R and Hollander Carolyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2000
Sold by
Hollander Zimbleman Steven R
Bought by
Zimbleman Steven R and Hollander Carolyn J
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
3519 Padaro Lane Llc $10,000,000 Chicago Title
Zimbleman Steven R -- --
Zimbleman Steven R -- Equity Title Company Santa B
Zimbleman Steven R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 3519 Padaro Lane Llc $9,350,000
Previous Owner Hollander/Zimbleman Family Tru $524,460
Previous Owner Zimbleman Steven R $417,000
Previous Owner Zimbleman Steven R $467,000
Previous Owner Zimbleman Steven R $500,000
Previous Owner Zimbleman Steven R $100,000
Previous Owner Zimbleman Steven R $400,000
Previous Owner Zimsleman Steven R $100,000
Previous Owner Zimbleman Steven R $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2024 09/27/24 Sold $10,000,000 -14.9% $5,230 / Sq Ft
05/30/2024 05/30/24 Pending -- -- --
05/17/2024 05/17/24 Price Changed $11,750,000 0.0% $6,145 / Sq Ft
05/17/2024 05/17/24 For Sale $11,750,000 -7.8% $6,145 / Sq Ft
03/16/2024 03/16/24 Off Market $12,750,000 -- --
01/25/2024 01/25/24 Price Changed $12,750,000 -13.6% $6,668 / Sq Ft
10/01/2023 10/01/23 For Sale $14,750,000 -- $7,714 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

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
2025 $17,787 $10,000,000 $8,000,000 $2,000,000
2023 $17,787 $1,517,821 $919,896 $597,925
2022 $17,157 $1,488,060 $901,859 $586,201
2021 $16,766 $1,458,883 $884,176 $574,707
2020 $16,557 $1,443,925 $875,110 $568,815
2019 $16,204 $1,415,613 $857,951 $557,662
2018 $15,917 $1,387,857 $841,129 $546,728
2017 $15,613 $1,360,645 $824,637 $536,008
2016 $15,341 $1,333,967 $808,468 $525,499
2014 $14,292 $1,288,194 $780,727 $507,467
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-2945

Santa Barbara Multiple Listing Service

APN: 005-410-015