NOT LISTED FOR SALE

3579 Padaro Ln Carpinteria, CA 93013

Old Town Carpinteria Neighborhood

Estimated Value: $2,262,000 - $15,065,653

4 Beds
3 Baths
2,267 Sq Ft
$4,082/Sq Ft Est. Value

Last Sold December 30, 2020

Last sale price $11,000,000 $4,852 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $58,737/month

78 Days on Market

Highlights

  • Ocean View
  • Property is near an ocean
  • Deck
  • Spa
  • Cape Cod Architecture
  • Attached Garage

About This Home

As of December 2020

Beach perfection on Padaro Lane. Beyond rare. These are the ocean hues with a cool beach front vibe. Only on Padaro Lane.
Cape Cod architecture with open and easy living space, offering two possible primary en suite bedrooms, one on entry level and one bedroom upstairs. Talk about views from either space! Your mornings will begin with sunrise and conclude with a signature breathtaking West Coast sunsets. Two additional guest suites with shared bathroom afford peaceful foothill views. 4 bedrooms – 3 bathrooms.
Drawing you out the back sliding doors to the patio is the wide open, blue Pacific Ocean, sand and surf in all its glory. Enjoy an in-ground spa, side yard outdoor shower and area to store your beach toys. Irreplaceable. Soothing. Relaxing. Comforting. Life is about moments. Enjoy each one.
A short stroll or drive from home you will enjoy boutique shopping, wine tasting, surf shops, garden shops and niche restaurants to enhance your relaxed lifestyle.
Located 12 miles southeast of Santa Barbara, the friendly coastal community of Carpinteria slipped between one of California's most beautiful stretches of shoreline and the stunning Santa Ynez mountain range has a small-town charm that endears it to denizens and visitors alike. Named for the canoe-building carpentry enterprises of the Chumash tribe that lived there, and dubbed "Carp" by locals, it has a relaxed pace and neighborly spirit.

The town of Carpinteria has come a long way from its humble beginnings. Once considered the sleepier sister to nearby destinations like Santa Barbara and Montecito, easygoing "Carp" has experienced a boom in its dining and shopping scene and has become a newer entrant to the gold coast's luxury home market, with ocean-facing beach houses currently beckoning you to indulge.

Last Agent to Sell the Property

Susan Pate

Compass License #01130349 Listed on: 09/02/2020

Compass

Last Buyer's Agent

Dustin Baker

Sotheby's International Realty License #01908615

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 7,841 Sq Ft Lot
  • Gated Home
  • Property is in excellent condition

Parking

  • Attached Garage

Property Views

  • Ocean
  • Beach
  • Mountain

Home Design

  • Cape Cod Architecture
  • Tri-Level Property

Interior Spaces

  • 2,267 Sq Ft Home
  • Living Room with Fireplace
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Spa
  • Property is near an ocean
  • Deck

Schools

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

Additional Features

  • Property is near shops
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 005-420-029

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 2007
  • Reso Property Sub Type: Home/Estate
  • ResoSecurityFeatures: Gate:Elec
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: Tri-Level
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2007
  • Property Information Apx # Acres: 0.18
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Mountain(s)2: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Attached: Yes
  • Proximity Near Ocean2: Yes
  • Fireplace(s) LR: Yes
  • Security GateElec: Yes
  • Cooling Central Air: Yes
  • Proximity Near Shopping2: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • GroundsLandscaping Deck3: Yes
  • ViewOcean: Yes
  • View Beach2: Yes
  • Dining In Living Room2: Yes
  • Construction Tri-Level2: Yes
  • Style Cape Cod2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 4
  • Fireplace Features: LR

Exterior Features

  • View: Beach, Mountain(s), Ocean
  • Acres: 0.18
  • Exterior Features: Deck, SPA-Outside
  • Foundation Details: Mixed

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #2, Attached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Carp Wtr
  • Heating:Forced Air: Yes

Schools

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

Lot Info

  • Parcel #: 005-420-029
  • Zoning: R-1
  • Lot Size Sq Ft: 7840.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2020
Closed on
Dec 17, 2020
Sold by
Foley William P and Foley Carol J
Bought by
Baker Scott Anthony and Baker Alicia Ann
Seller's Agent
Susan Pate
Compass
Buyer's Agent
Dustin Baker
Sotheby's International Realty
List Price
$11,750,000
Sold Price
$11,000,000
Premium/Discount to List
-$750,000
-6.38%
Current Estimated Value
$9,252,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,747,116
Avg. Annual Appreciation
-3.39%
Original Mortgage
$5,500,000
Outstanding Balance
$4,883,382
Interest Rate
2.55%
Mortgage Type
New Conventional
Estimated Equity
$4,369,502

Purchase Details

Closed on
Jan 10, 2020
Sold by
Foley Ii William P and Foley Carol J
Bought by
Foley Ii William P and Foley Carol J

Purchase Details

Listed on
Jan 8, 2015
Closed on
Dec 31, 2014
Sold by
Lamar Teresa L
Bought by
Foley Carol J
Seller's Agent
Dan Encell
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Susan Pate
Village Properties
List Price
$8,250,000
Sold Price
$8,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.05%

Purchase Details

Listed on
Jan 8, 2015
Closed on
Dec 30, 2014
Sold by
Foley William P
Bought by
Foley Carol J
Seller's Agent
Dan Encell
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Susan Pate
Village Properties
List Price
$8,250,000
Sold Price
$8,250,000

Purchase Details

Listed on
Jun 10, 2011
Closed on
Nov 1, 2012
Sold by
Marquez Timothy M and Marquez Bernadette B
Bought by
Lamar Teresa L
Seller's Agent
Gregg Leach
Village Properties
Buyer's Agent
Sheela Hunt
Village Properties
List Price
$8,450,000
Sold Price
$7,750,000
Premium/Discount to List
-$700,000
-8.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.94%

Purchase Details

Closed on
Jan 6, 2005
Sold by
Padaro Llc
Bought by
Marquez Timothy M and Marquez Bernadette M

Purchase Details

Closed on
Oct 15, 2002
Sold by
Reisenbach Sanford and Reisenbach Gayle
Bought by
Padaro Llc

Purchase Details

Closed on
Jul 8, 1999
Sold by
Finefrock Gary & Peggy Trustees and Finefrock Fam Tr 12/2/90
Bought by
Reisenbach Sanford and Reisenbach Gayle

Purchase Details

Closed on
Dec 22, 1994
Sold by
Bigelow Virginia A and Bigelow Franklin T
Bought by
Spindrift Associates Ltd
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
Baker Scott Anthony $11,000,000 Chicago Title Company
Foley Ii William P -- None Available
Foley Ii William P -- None Available
Foley Carol J $8,250,000 Fidelity National Title Co
Foley Carol J -- Fidelity National Title Co
Lamar Teresa L $7,750,000 Fidelity National Title Co
Marquez Timothy M -- Fidelity National Title Co
Padaro Llc -- Fidelity National Title Co
Reisenbach Sanford -- Equity Title Company
Spindrift Associates Ltd -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Scott Anthony $5,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2020 12/30/20 Sold $11,000,000 -6.4% $4,852 / Sq Ft
11/19/2020 11/19/20 Pending -- -- --
09/02/2020 09/02/20 For Sale $11,750,000 +42.4% $5,183 / Sq Ft
01/08/2015 01/08/15 Sold $8,250,000 0.0% $3,639 / Sq Ft View Prior Sale
01/08/2015 01/08/15 Pending -- -- --
01/08/2015 01/08/15 For Sale $8,250,000 +6.5% $3,639 / Sq Ft
11/09/2012 11/09/12 Sold $7,750,000 -8.3% $3,419 / Sq Ft View Prior Sale
10/21/2012 10/21/12 Pending -- -- --
06/10/2011 06/10/11 For Sale $8,450,000 -- $3,727 / 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 $123,079 $11,906,753 $9,200,673 $2,706,080
2023 $123,079 $11,444,400 $8,843,400 $2,601,000
2022 $118,898 $11,220,000 $8,670,000 $2,550,000
2021 $116,397 $11,000,000 $8,500,000 $2,500,000
2020 $96,076 $9,066,244 $7,143,103 $1,923,141
2019 $94,179 $8,888,476 $7,003,043 $1,885,433
2018 $92,685 $8,714,193 $6,865,729 $1,848,464
2017 $91,073 $8,543,327 $6,731,107 $1,812,220
2016 $89,500 $8,375,812 $6,599,125 $1,776,687
2014 $80,113 $7,785,185 $6,278,375 $1,506,810
Source: Public Records

Agents Affiliated with this Home

  • Susan Pate

    Seller's Agent in 2020

    Susan Pate

    Compass

    (805) 895-9385

    2 in this area

    16 Total Sales

    Susan Pate
    Section Image
  • Dustin Baker

    Buyer's Agent in 2020

    Dustin Baker

    Sotheby's International Realty

    (805) 220-4210

    2 in this area

    41 Total Sales

    Dustin Baker
    Section Image
  • Dan Encell

    Seller's Agent in 2015

    Dan Encell

    Berkshire Hathaway HomeServices California Properties

    (805) 677-2013

    3 in this area

    113 Total Sales

    Dan Encell
    Section Image
  • Gregg Leach

    Seller's Agent in 2012

    Gregg Leach

    Village Properties

    (805) 886-9000

    3 in this area

    49 Total Sales

    Gregg Leach
    Section Image

  • S

    Buyer's Agent in 2012

    Sheela Hunt

    Village Properties

    (805) 698-3767

    21 Total Sales

    Sheela Hunt
    Section Image
See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-3461

Santa Barbara Multiple Listing Service

APN: 005-420-029

California Santa Barbara County Carpinteria 93013 Old Town Carpinteria

3579 Padaro Ln, Carpinteria, CA

Not Listed for Sale

Detached

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