NOT LISTED FOR SALE

Estimated Value: $3,598,000 - $10,269,206

2 Beds
2 Baths
566 Sq Ft
$14,558/Sq Ft Est. Value

Last Sold September 12, 2019

Last sale price $6,000,000 $10,601 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $49,030/month

404 Days on Market

Highlights

  • Ocean Front
  • Cottage
  • Property is near shops
  • Wood Flooring
  • 1-Story Property
  • Garage

About This Home

As of September 2019

First time on market. Enjoy panoramic ocean, island and coastline views from this cozy beachfront cottage with 50 feet of ocean frontage. The property consists of a main cottage above a one car garage with one bedroom and one full bath, franklin stove, and private courtyard plus a cabana right on the sand with living room, one bedroom, one bath, and kitchen. Great opportunity to own some of California's finest beach property.

Last Agent to Sell the Property

John Henderson

Village Properties License #00780607 Listed on: 03/04/2019

Last Buyer's Agent

John Henderson

Village Properties License #00780607 Listed on: 03/04/2019

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

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

Parking

  • Garage

Property Views

  • Ocean
  • Beach

Home Design

  • Cottage
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Free Standing Fireplace
  • Dining Area
  • Wood Flooring
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

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

Additional Features

  • Property is near an ocean
  • Property is near shops
  • Sewer Stub Out

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 005-410-017

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1953
  • Reso Property Sub Type: Home/Estate
  • Road Frontage Type: Oceanfront
  • ResoLaundryFeatures: Common Area
  • ResoLotFeatures: Level, Waterfront, Oceanfront
  • Subdivision Name: Other
  • Architectural Style: Cal Cottage
  • Reso Flooring: Wood
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Other Structures: Other
  • Reso Property Condition: Good
  • Property Information Year Built2: 1953
  • Property Information Total #Units: 2
  • NeighborhoodSchools Elementary School: Canalino
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • LocationTopo Level: Yes
  • Property Information Within City Limits: No
  • Style Cal Cottage: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Exterior Wood Siding: Yes
  • Proximity Near Ocean2: Yes
  • Dining Dining Area2: Yes
  • Appliances Included Gas Stove3: Yes
  • WaterSewer Sewer Hookup: Yes
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 13503.0
  • Condition Good2: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • ViewOcean: Yes
  • View Beach2: Yes
  • ParkingGarage Gar #12: Yes
  • FlrWdw Coverings Wood2: Yes
  • Property Information Apx Lot Size FxD: 13503 sq ft
  • Laundry Common Area2: Yes
  • LocationTopo Oceanfront2: Yes
  • Fireplace(s) Free Standing2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Stove
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Free Standing

Exterior Features

  • Roof: Composition
  • View: Beach, Ocean
  • Construction Type: Wood Siding
  • Acres: 0.31
  • Topography: Level
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Exterior Features: Fenced: PRT
  • Foundation Details: Other

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #1

Utilities

  • Water Source: Carp Wtr

Schools

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

Lot Info

  • Parcel #: 005-410-017
  • Zoning: R-1
  • Lot Size Sq Ft: 13503.0
  • ResoLotSizeUnits: Apx Lot Size FxD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2019
Closed on
Aug 8, 2019
Sold by
Propert Edwards Iii William A
Bought by
Neff Shaun and Neff Courtni
Seller's Agent
John Henderson
Village Properties
Buyer's Agent
John Henderson
Village Properties
List Price
$7,775,000
Sold Price
$6,000,000
Premium/Discount to List
-$1,775,000
-22.83%
Current Estimated Value
$8,239,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,239,552
Avg. Annual Appreciation
5.15%

Purchase Details

Closed on
Apr 24, 2018
Sold by
Edwards Shirley
Bought by
Edwards William A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Neff Shaun $6,000,000 Fidelity National Title Co
Edwards Patricia -- Fidelity National Title Co
Edwards William A -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2019 09/12/19 Sold $6,000,000 -22.8% $10,601 / Sq Ft
07/24/2019 07/24/19 Pending -- -- --
06/15/2018 06/15/18 For Sale $7,775,000 -- $13,737 / 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 $71,858 $6,823,464 $6,788,464 $35,000
2023 $71,858 $6,307,068 $6,044,276 $262,792
2022 $66,644 $6,183,401 $5,925,761 $257,640
2021 $65,225 $6,062,159 $5,809,570 $252,589
2020 $64,537 $6,000,000 $5,750,000 $250,000
2019 $8,475 $673,403 $451,835 $221,568
2018 $8,311 $660,200 $442,976 $217,224
2017 $8,140 $647,256 $434,291 $212,965
2016 $7,998 $634,566 $425,776 $208,790
2014 $7,470 $612,792 $411,166 $201,626
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 18-2186

Santa Barbara Multiple Listing Service

APN: 005-410-017