NOT LISTED FOR SALE

Estimated Value: $5,722,295

6 Acres
$885,804 Price per Acre
281,398 Sq Ft Lot

Last Sold April 03, 2020

Last sale price $4,000,000

Est. 43% increase in value since last sale

Current estimated payment $34,301/month

277 Days on Market

About This Lot

As of April 2020

NEW LISTING ! A once-in-a-generation, unique opportunity to acquire existing agricultural infrastructure and the legitimate potential to legally grow commercial cannabis (Land Use Permits currently in process). This 6.46 acre parcel is NOW being offered separately (APN 005-430-038) and includes 3.8 acres (166,500 SF) of fully-hydroponic glass greenhouses with it's own water, gas, electric meters, large warehouse with refrigeration, offices, and 2 bathrooms.

Adjacent back parcels are being offered together with this parcel under MLS #19-1761 for a combined total of approximately 30 acres, (3684/3740 Via Real) listed at $15 million. Acreage of adjacent parcels is approximately 24 acres, including approximately 10 acres (442,000 SF) of metal & wood hoop houses, 3 residences, 8 ac avocado There are 3 residences on the adjacent parcels, and approximately 8 acres of avocados.
Adjacent APN #s : 005-430-004 and 005-430-057.

This opportunity is ideally-situated less than 1,000 feet from the world-famous Carpinteria beaches with amazing views of the Santa Ynez mountains which are less than 1 mile to the north. Currently a world-renowned flower growing operation with multiple generations of family ties to The Netherlands.

Last Agent to Sell the Property

John D Callos

Coast Valley Realty License #01957838 Listed on: 06/17/2019

Last Buyer's Agent

Non Member Agent

Non Member Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $47,194

Lot Details

  • 6.46 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 005-430-038

Property Details

Property Type

Land

Est. Annual Taxes

$47,194

Lot Details

0

Listing Details

  • Directions: Via Real, exit Santa Claus/Padaro Lane
  • Prop. Type: Land
  • Reso Property Sub Type: Commercial
  • Property Information Apx # Acres: 6.46
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 6.46

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 005-430-038
  • Zoning: Other
  • Lot Size Sq Ft: 281397.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2019
Closed on
Mar 17, 2020
Sold by
Wingerden Harry A Van and Vanwingerden Michele Van
Bought by
Wingerden Ivan V Van and Wingerden Kristin N
Seller's Agent
John D Callos
Coast Valley Realty
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$7,900,000
Sold Price
$4,000,000
Premium/Discount to List
-$3,900,000
-49.37%
Total Days on Market
277
Current Estimated Value
$5,722,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,722,295
Avg. Annual Appreciation
7.09%
Original Mortgage
$1,350,000
Outstanding Balance
$1,216,462
Interest Rate
3.4%
Mortgage Type
Commercial
Estimated Equity
$4,495,861

Purchase Details

Listed on
Jun 17, 2019
Closed on
Mar 16, 2020
Sold by
Wingerden Harry A Van and Vanwingerden Micchele Van
Bought by
Creek Property Llc
Seller's Agent
John D Callos
Coast Valley Realty
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$7,900,000
Sold Price
$4,000,000
Premium/Discount to List
-$3,900,000
-49.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Outstanding Balance
$1,216,462
Interest Rate
3.4%
Mortgage Type
Commercial
Estimated Equity
$4,495,861

Purchase Details

Closed on
Jul 26, 1994
Sold by
Vanwingerden Rene T and Vanwingerden June Clark
Bought by
Ocean Breeze Properties
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wingerden Ivan V Van $1,600,000 Chicago Title Company
Creek Property Llc $4,000,000 Chicago Title Company
Ocean Breeze Properties -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wingerden Ivan V Van $1,350,000
Previous Owner Vanwingerden Harry A $3,683,185
Previous Owner Vanwingerden Harry A $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2020 04/03/20 Sold $4,000,000 -49.4% --
03/20/2020 03/20/20 Pending -- -- --
06/17/2019 06/17/19 For Sale $7,900,000 -- --
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
2023 $47,194 $4,279,712 $1,813,282 $2,466,430
2022 $45,753 $4,197,268 $1,777,728 $2,419,540
2021 $44,436 $4,116,440 $1,742,871 $2,373,569
2020 $23,909 $2,165,216 $1,264,837 $900,379
2019 $22,305 $2,113,883 $1,240,037 $873,846
2018 $22,020 $2,078,650 $1,215,723 $862,927
2017 $21,713 $2,044,922 $1,191,886 $853,036
2016 $21,350 $2,005,972 $1,168,516 $837,456
2015 $21,182 $1,982,469 $1,150,964 $831,505
2014 -- $1,948,974 $1,128,419 $820,555
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-2121

Santa Barbara Multiple Listing Service

APN: 005-430-038