NOT LISTED FOR SALE

Estimated Value: $1,503,000 - $17,217,644

2 Beds
2 Baths
-- Sq Ft
9,583 Sq Ft Lot Lot

Sale Details

Date Sold: July 28, 2021

Last sale price $14,000,000

Est. 33% decrease in value since last sale

Current estimated payment $62,872 / mo

13 Days on Market

Highlights

  • Ocean Front
  • Loft
  • Cottage
  • Cathedral Ceiling
  • Sun or Florida Room
  • Detached Garage

About This Home

As of July 2021

Commanding a premier location on the highly sought after Padaro Lane, this charming beach house nurtures an elevated indoor/outdoor lifestyle. The property features a 2 bed, 2 bath main house, detached rumpus room above a 3 car garage and a spacious rear patio with built in fire-pit just steps from the sand and overlooking the mesmerizing views afforded by this incredible beachfront property. Inside, a generous sun room sits adjacent to both the living area and outdoor patio, curating a seamless flow throughout the main house and an easy transition to the outdoors. The home has been meticulously maintained and features delightful touches including sea grass throughout the main spaces and bedrooms, vaulted ceilings, and a cozy fireplace. Located convenient to the great shops, dining and affluent amenities that Summerland, Carpinteria, Montecito and Santa Barbara have to offer including the Santa Barbara Polo Club, Rosewood Miramar Hotel, hiking trails, beaches and more.

Last Agent to Sell the Property

Cristal Clarke

Berkshire Hathaway HomeServices California Properties License #00968247 Listed on: 06/13/2021

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Suzanne Perkins

Compass

Home Details

Home Type

  • Single Family

Lot Details

  • 9,583 Sq Ft Lot
  • Ocean Front
  • Property is in excellent condition

Parking

  • Detached Garage

Property Views

  • Ocean
  • Beach
  • Panoramic
  • Mountain

Home Design

  • Cottage
  • Split Level Home
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • Cathedral Ceiling
  • Living Room with Fireplace
  • Loft
  • Sun or Florida Room
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

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

Additional Features

  • Patio
  • Heating Available

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 005-420-011

Home Details

Home Type

Single Family

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Reso Property Sub Type: Home/Estate
  • Road Frontage Type: Oceanfront
  • ResoLaundryFeatures: Common Area
  • ResoLotFeatures: Waterfront, Oceanfront
  • Architectural Style: Cal Cottage
  • Reso Flooring: Carpet
  • Garage Yn: Yes
  • Unit Levels: Split Level
  • New Construction: No
  • Reso Other Structures: Other
  • Reso Property Condition: Excellent
  • Property Information Apx # Acres: 0.22
  • NeighborhoodSchools Elementary School: CLA
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Style Cal Cottage: Yes
  • Roof:Composition: Yes
  • GroundsLandscaping Patio Open2: Yes
  • Fireplace(s) LR: Yes
  • ParkingGarage Gar #33: Yes
  • Construction Split Level: Yes
  • FlrWdw Coverings Carpet: Yes
  • ViewOcean: Yes
  • ParkingGarage Detached: Yes
  • View Beach2: Yes
  • Foundation Raised: Yes
  • Laundry Common Area2: Yes
  • LocationTopo Oceanfront2: Yes
  • Rooms Loft2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: LR
  • Other Rooms:Sun Room2: Yes

Exterior Features

  • Roof: Composition
  • View: Beach, Mountain(s), Ocean, Panoramic
  • Construction Type: Other
  • Acres: 0.22
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Exterior Features: Patio Open
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #3, Detached

Utilities

  • Heating: Other
  • HeatingYN: Yes
  • Water Source: Carp Wtr

Association/Amenities

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

Schools

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

Lot Info

  • Parcel #: 005-420-011
  • Zoning: Other
  • Lot Size Sq Ft: 9583.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2021
Closed on
Jul 19, 2021
Sold by
Neuman Susan T
Bought by
3557 Padaro Lane Associates Llc
Seller's Agent
Cristal Clarke
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Suzanne Perkins
Compass
List Price
$12,950,000
Sold Price
$14,000,000
Premium/Discount to List
$1,050,000
8.11%
Current Estimated Value
$9,435,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,564,452
Avg. Annual Appreciation
-7.97%

Purchase Details

Closed on
Oct 6, 2010
Sold by
Neuman Susan T
Bought by
Neuman Susan T

Purchase Details

Closed on
Sep 23, 2002
Sold by
Taylor Rowena B
Bought by
Taylor Rowena B and Taylor Family Trust

Purchase Details

Closed on
Nov 16, 1993
Sold by
Taylor Charles M and Taylor Rowena B
Bought by
Taylor Charles M and Taylor Rowena B
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
3557 Padaro Lane Associates Llc $14,000,000 Chicago Title Company
Neuman Susan T -- None Available
Taylor Rowena B -- --
Taylor Rowena B -- --
Taylor Charles M -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2021 07/28/21 Sold $14,000,000 +8.1% --
06/25/2021 06/25/21 Pending -- -- --
06/12/2021 06/12/21 For Sale $12,950,000 -- --
Source: Santa Barbara Multiple Listing Service

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 $154,168 $14,856,912 $13,795,704 $1,061,208
2023 $154,168 $14,280,000 $13,260,000 $1,020,000
2022 $148,915 $14,000,000 $13,000,000 $1,000,000
2021 $8,305 $646,745 $418,507 $228,238
2020 $8,180 $640,114 $414,216 $225,898
2019 $7,993 $627,564 $406,095 $221,469
2018 $7,837 $615,260 $398,133 $217,127
2017 $7,673 $603,197 $390,327 $212,870
2016 $7,540 $591,371 $382,674 $208,697
2014 $7,044 $571,080 $369,543 $201,537
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 21-2154

Santa Barbara Multiple Listing Service

APN: 005-420-011

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