$3,090,000
SOLD FEB 28, 2018
5 Beds
3 Baths
3,584 Sq Ft
0.29 Acres

Recently Sold

$862 Per Sq Ft

14% Below List Price

95 Days on Market

Highlights

  • Heated In Ground Pool
  • Living Room with Fireplace
  • Spanish Architecture
  • Third Street Elementary School Rated A
  • Wood Flooring
  • Pool View

About This Home

As of February 2022

Lovely, historic Spanish estate with beautiful landscaping on quiet corner. Enter the impressive rotunda foyer featuring Spanish tile and iron-banistered staircase leading up to cathedral ceilings and stained glass windows. Elegant living room with beamed ceiling, fireplace and 2 sets of French doors lead effortlessly out to the back patio and pool. Formal dining room accessed from kitchen via pantry gets fabulous light all day. Kitchen, family room, breakfast room and bedroom/office with bath complete the well planned flow of the ground floor. Four large bedrooms up. Small balcony off master overlooks large pool and mature landscaping. Driveway and 2 car garage are accessed from Oakwood making the lot feel extra wide and spacious. A gem in the park, end your day on the large patio with a favorite drink, overlooking your kingdom!

Last Agent to Sell the Property

Erik Flexner

Compass License #01352476 Listed on: 10/13/2017

Compass

Last Buyer's Agent

Erik Flexner

Compass License #01352476 Listed on: 10/13/2017

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $53,104

Year Built

  • Built in 1927

Lot Details

  • 0.29 Acre Lot
  • Property is zoned LARE11

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Spanish Architecture

Interior Spaces

  • 3,584 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Entryway
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Pool Views
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Powder Room
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Covered patio or porch

Utilities

  • Phone System
  • Cable TV Available
  • TV Antenna

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5524-036-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$53,104

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 3584
  • Stories: 2
  • Year Built: 1927
  • Number Of Photos: 25
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 5
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Laundry Area
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Alarm System, Antenna, Built-Ins, Cable, Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Gas Or Electric Dryer Hookup, Hood Fan, Ice Maker, Phone System, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 892.58

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated
  • Pool: Yes
  • Spa Yn: No
  • View: Pool, Walk Street
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Driveway, Garage - 2 Car
  • Total Parking: 5

Utilities

  • Cooling: Ceiling Fan

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5524-036-001
  • Geocode Override: No
  • Lot Size Area: 12654

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2022
Closed on
Jan 28, 2022
Sold by
8787 Zm Ind Llc
Bought by
Montecito Family Trust
Seller's Agent
Leah Brenner Naomi Hartman
Coldwell Banker Realty
Buyer's Agent
Michelle Levin
Douglas Elliman
List Price
$3,950,000
Sold Price
$4,200,000
Premium/Discount to List
$250,000
6.33%
Current Estimated Value
$4,846,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$646,796
Avg. Annual Appreciation
4.29%
Original Mortgage
$3,150,000
Outstanding Balance
$2,938,131
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,908,665

Purchase Details

Listed on
Oct 13, 2017
Closed on
Jan 31, 2018
Sold by
Evans Neil and The Barry F Evans Family Trust
Bought by
8787 Zm Ind Llc and 8787 Zm Tr Llc
Seller's Agent
Erik Flexner
Compass
Buyer's Agent
Erik Flexner
Compass
List Price
$3,599,000
Sold Price
$3,090,000
Premium/Discount to List
-$509,000
-14.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.97%
Original Mortgage
$1,545,000
Interest Rate
3.35%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 18, 2005
Sold by
Evans Barry F and Evans Harriet L
Bought by
Evans Barry F and Evans Harriet L

Purchase Details

Closed on
Nov 19, 2003
Sold by
Evans Barry F and Evans Harriet L
Bought by
Evans Barry F and Evans Harriet L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 1996
Sold by
Evans Harriet L
Bought by
Evans Barry F

Purchase Details

Closed on
Jul 6, 1995
Sold by
Evans Barry F and Evans Harriet L
Bought by
Evans Barry F and Evans Harriet L

Purchase Details

Closed on
May 1, 1995
Sold by
Evans Barry F and Evans Harriet L
Bought by
Evans Barry F and Evans Harriet L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.32%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $4,200,000 Equity Title
Grant Deed $4,200,000 Equity Title
Grant Deed $3,090,000 Chicago Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- First American Title Co
Interfamily Deed Transfer -- Stewart Title
Grant Deed -- --
Interfamily Deed Transfer -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $749,000 Credit Line Revolving
Open $3,150,000 New Conventional
Closed $3,150,000 New Conventional
Previous Owner $1,545,000 Adjustable Rate Mortgage/ARM
Previous Owner $136,500 Purchase Money Mortgage
Previous Owner $100,000 Credit Line Revolving
Previous Owner $150,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $4,200,000 +6.3% $1,121 / Sq Ft
01/28/2022 01/28/22 Pending -- -- --
01/13/2022 01/13/22 For Sale $3,950,000 0.0% $1,054 / Sq Ft
06/20/2018 06/20/18 Rented $9,000 +0.1% --
04/15/2018 04/15/18 For Rent $8,995 0.0% --
02/28/2018 02/28/18 Sold $3,090,000 -3.4% $862 / Sq Ft
01/16/2018 01/16/18 Pending -- -- --
01/12/2018 01/12/18 Price Changed $3,199,000 -5.9% $893 / Sq Ft
11/20/2017 11/20/17 Price Changed $3,399,000 -5.6% $948 / Sq Ft
10/13/2017 10/13/17 For Sale $3,599,000 -- $1,004 / Sq Ft
Source: The MLS

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
2024 $53,104 $4,369,680 $3,495,744 $873,936
2023 $52,152 $4,284,000 $3,427,200 $856,800
2022 $39,381 $3,313,102 $2,650,482 $662,620
2021 $38,909 $3,248,140 $2,598,512 $649,628
2019 $37,743 $3,151,800 $2,521,440 $630,360
2018 $3,082 $212,625 $109,871 $102,754
2016 $2,921 $204,370 $105,605 $98,765
2015 $2,885 $201,301 $104,019 $97,282
2014 $2,906 $197,359 $101,982 $95,377
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-279408

The MLS

APN: 5524-036-001