NOT LISTED FOR SALE

Estimated Value: $1,600,000 - $2,267,000

3 Beds
2.5 Baths
1,868 Sq Ft
$1,074/Sq Ft Est. Value

Last Sold December 20, 2012

Last sale price $935,000 $501 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $11,238/month

10 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • Courtyard Views
  • John Marshall Senior High Rated A
  • Spanish Architecture
  • Open Patio

About This Home

As of December 2012

Montecito Spanish circa 1928 is undoubtedly Atwater Village's crown jewel. Located on a premiere street, this one -of-a-kind home features three bedrooms and two and a half baths -- with each room possessing its own character and magic. Words cannot do justice to the grand living room with its vaulted, wood-beamed ceilings, peg and groove floors and cozy, double-sided fireplace shared with the adjoining library. Updated kitchen leads to romantic breakfast room and the formal dining room opens to a gracious courtyard. Walled and hedged, this Grande Dame offers fabulous, private outdoor spaces beneath the canopy of citrus, evergreen and graceful olive trees. Two car detached garage, secure entry. Walk to everything Atwater has to offer including Proof Bakery, DTox Day Spa, Canele and the Farmers' Market. AGENTS & APPRAISERS READ PVT RMKS

Last Agent to Sell the Property

Courtney N Smith

Compass License #01406768 Listed on: 11/11/2012

Co-Listed By

Kurt Wisner

Compass License #01431217

Last Buyer's Agent

Roula Fawaz

License #01172580

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,045

Year Built

  • Built in 1928

Lot Details

  • 5,196 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Home Design

  • Spanish Architecture

Interior Spaces

  • 1,868 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Room
  • Library with Fireplace
  • Wood Flooring
  • Courtyard Views
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5435-022-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,045

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 1868
  • Stories: 2
  • Year Built: 1928
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Library, Living Room
  • Flooring: Hardwood, Mixed
  • Bedrooms: 3
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Room
  • Total Bathrooms: 2.50
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Price Per S Q F T: 481.26

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Courtyard
  • View: Yes

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 5435-022-001
  • Lot Size Area: 5196

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2024
Sold by
Fawaz Samer
Bought by
Samer Fawaz Living Trust and Fawaz
Current Estimated Value
$1,897,171

Purchase Details

Listed on
Nov 11, 2012
Closed on
Nov 27, 2012
Sold by
Razzano Carolyn A and Carolyn A Razzano Revocable Tr
Bought by
Fawaz Samer
Seller's Agent
Courtney N Smith
Compass
Buyer's Agent
Roula Fawaz
List Price
$899,000
Sold Price
$935,000
Premium/Discount to List
$36,000
4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%
Original Mortgage
$625,500
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2012
Sold by
Razzano Carolyn A and Razzano Anthony E
Bought by
Razzano Carolyn A and Carolyn A Razzano Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2008
Sold by
Parkinson Susan T and Dermott Ross
Bought by
Razzano Carolyn A and Razzano Anthony E

Purchase Details

Closed on
Jul 22, 2005
Sold by
Riley Dan and Struzik Edward A
Bought by
Parkinson Susan T and Dermott Ross

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,153
Interest Rate
5.67%
Mortgage Type
Unknown

Purchase Details

Closed on
May 20, 2002
Sold by
Struzik Edward A and Riley Dan
Bought by
Riley Dan and Struzik Edward A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.71%
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
Samer Fawaz Living Trust -- None Listed On Document
Fawaz Samer $935,000 Lawyers Title
Razzano Carolyn A -- None Available
Razzano Carolyn A $1,000,000 Southland Title
Parkinson Susan T $1,075,000 California Title Company
Riley Dan -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fawaz Samer $625,500
Previous Owner Parkinson Susan T $437,153
Previous Owner Riley Dan $250,000
Previous Owner Riley Dan $252,000
Previous Owner Riley Dan $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2012 12/20/12 Sold $935,000 +4.0% $501 / Sq Ft
11/21/2012 11/21/12 Pending -- -- --
11/11/2012 11/11/12 For Sale $899,000 -- $481 / 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
2025 $14,045 $1,172,682 $738,852 $433,830
2024 $14,045 $1,149,689 $724,365 $425,324
2023 $13,771 $1,127,147 $710,162 $416,985
2022 $13,128 $1,105,047 $696,238 $408,809
2021 $12,965 $1,083,381 $682,587 $400,794
2019 $12,574 $1,051,249 $662,342 $388,907
2018 $12,507 $1,030,637 $649,355 $381,282
2016 $11,955 $990,618 $624,141 $366,477
2015 $11,568 $958,009 $614,766 $343,243
2014 $11,603 $939,244 $602,724 $336,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-635287

The MLS

APN: 5435-022-001