NOT LISTED FOR SALE

Estimated Value: $5,446,000 - $9,641,000

2 Beds
3 Baths
2,082 Sq Ft
$3,714/Sq Ft Est. Value

Last Sold January 09, 2015

Last sale price $6,500,000 $3,122 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $47,270/month

5 Days on Market

Highlights

  • Ocean Front
  • Deck
  • Wood Flooring
  • Cape Cod Architecture
  • Multiple Fireplaces
  • Covered Patio or Porch

About This Home

As of January 2015

Beach perfection on Padaro Lane. Views of islands to the harbor, mountain views beyond, modern amenities with style, taste and peaceful luxury. High quality designer finishes, soaring vaulted ceilings, inspired use of space, this home offers indoor/outdoor living at its finest. With the Channel Islands as the backdrop, this Cape Cod style beach house offers two bedrooms, three bathrooms, den, living room and kitchen. Beyond rare. These are the ocean hues, with a cool, beach-front vibe. Only on Padaro Lane. This property delivers a cool beach lifestyle a short stroll from Santa Claus beach which features boutique shopping and niche restaurants. Life is about moments. Enjoy each one!

Last Agent to Sell the Property

Susan Pate

Village Properties Listed on: 12/09/2014

Village Properties

Last Buyer's Agent

Beverly Palmer

Village Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Lot Details

  • 4,792 Sq Ft Lot
  • Ocean Front
  • Level Lot
  • Property is in excellent condition

Parking

  • Garage

Property Views

  • Ocean
  • Beach
  • Harbor
  • City
  • Mountain

Home Design

  • Cape Cod Architecture
  • Tri-Level Property
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,082 Sq Ft Home
  • Skylights
  • Multiple Fireplaces
  • Dining Area
  • Library
  • Home Security System

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Property is near an ocean
  • Deck
  • Covered Patio or Porch

Location

  • Property is near shops

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 005-420-010

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Directions: Enter Padaro Lane @ Santa Claus Lane, park on Padaro heading North.
  • Prop. Type: Residential
  • Year Built: 1996
  • Reso Property Sub Type: Home/Estate
  • Road Frontage Type: Oceanfront
  • ResoLotFeatures: Level, Waterfront, Oceanfront
  • ResoSecurityFeatures: Security System
  • Architectural Style: Cape Cod
  • Reso Flooring: Wood, Tile
  • Garage Yn: Yes
  • Unit Levels: Tri-Level
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1996
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.11
  • NeighborhoodSchools Elementary School: Aliso
  • 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
  • Condition Excellent: Yes
  • Roof:Composition: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • Proximity Near Ocean2: Yes
  • Dining Dining Area2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Gas Stove3: Yes
  • Security Security System: Yes
  • FlrWdw Coverings Tile3: Yes
  • Proximity Near Shopping2: Yes
  • Fireplace(s):_two_4: Yes
  • GroundsLandscaping Deck3: Yes
  • ViewOcean: Yes
  • View Beach2: Yes
  • FlrWdw Coverings Wood2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Foundation Raised: Yes
  • View Harbor2: Yes
  • LocationTopo Oceanfront2: Yes
  • Rooms LbryStudy: Yes
  • View City4: Yes
  • Construction Tri-Level2: Yes
  • Style Cape Cod2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Dishwasher, Disposal, Gas Stove
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: 2+
  • Total Bedrooms: 4

Exterior Features

  • Roof: Composition
  • View: Beach, Mountain(s), Ocean, City, Harbor
  • Construction Type: Stucco
  • Acres: 0.11
  • Topography: Level
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Exterior Features: Deck, Patio Covered
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2

Utilities

  • Water Source: Carp Wtr

Schools

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

Lot Info

  • Parcel #: 005-420-010
  • Zoning: Other
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2014
Closed on
Jan 5, 2015
Sold by
Foley Carol J
Bought by
Kapustiak John and Kapustiak Doreen
Seller's Agent
Susan Pate
Village Properties
Buyer's Agent
Beverly Palmer
Village Properties
List Price
$6,750,000
Sold Price
$6,500,000
Premium/Discount to List
-$250,000
-3.7%
Current Estimated Value
$7,732,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,232,925
Avg. Annual Appreciation
1.60%

Purchase Details

Closed on
Sep 27, 2011
Sold by
Berkoff S
Bought by
Foley Caroj J

Purchase Details

Closed on
Sep 12, 2011
Sold by
Foley William P
Bought by
Foley Carol J

Purchase Details

Closed on
Jun 10, 2004
Sold by
Grotenhuis Investments
Bought by
Berkoff S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Interest Rate
3.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 7, 2002
Sold by
Grotenhuis David W and Grotenhuis Anna R
Bought by
Grotenhuis Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Interest Rate
5.37%

Purchase Details

Closed on
Oct 11, 2002
Sold by
Grotenhuis Investments Inc
Bought by
Grotenhuis David W and Grotenhuis Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Interest Rate
5.37%

Purchase Details

Closed on
Sep 3, 1999
Sold by
Grotenhuis David W Trustee and Grotenhuis Fam Liv Tr 2-5-88
Bought by
Grotenhuis Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,235,000
Interest Rate
7.66%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 25, 1994
Sold by
Santa Barbara Capital
Bought by
Grotenhuis David W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
9.2%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kapustiak John $6,500,000 Fidelity National Title Co
Foley Caroj J $5,900,000 Fidelity National Title Co
Foley Carol J -- Fidelity National Title Co
Berkoff S -- Fidelity National Title Co
Grotenhuis Investments Inc -- Stewart Title Of Ca Inc
Grotenhuis David W -- Stewart Title
Grotenhuis Investments Inc $725,000 Stewart Title
Grotenhuis David W $650,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Berkoff S $3,500,000
Previous Owner Grotenhuis David W $565,000
Previous Owner Grotenhuis Investments Inc $1,235,000
Previous Owner Grotenhuis David W $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2015 01/09/15 Sold $6,500,000 -3.7% $3,122 / Sq Ft
12/14/2014 12/14/14 Pending -- -- --
12/09/2014 12/09/14 For Sale $6,750,000 -- $3,242 / 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 $81,043 $7,812,018 $6,429,895 $1,382,123
2023 $81,043 $7,508,669 $6,180,215 $1,328,454
2022 $78,283 $7,361,441 $6,059,035 $1,302,406
2021 $76,633 $7,217,100 $5,940,231 $1,276,869
2020 $75,854 $7,143,099 $5,879,322 $1,263,777
2019 $74,353 $7,003,040 $5,764,042 $1,238,998
2018 $73,171 $6,865,726 $5,651,022 $1,214,704
2017 $71,895 $6,731,105 $5,540,218 $1,190,887
2016 $70,653 $6,599,124 $5,431,587 $1,167,537
2015 $66,316 $6,166,105 $5,016,493 $1,149,612
2014 $62,348 $6,045,320 $4,918,227 $1,127,093
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 14-3712

Santa Barbara Multiple Listing Service

APN: 005-420-010