NOT LISTED FOR SALE

Estimated Value: $2,618,000 - $4,066,918

2 Beds
3 Baths
1,564 Sq Ft
$2,031/Sq Ft Est. Value

Last Sold June 29, 2020

Last sale price $1,675,000 $1,071 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $20,563/month

8 Days on Market

Highlights

  • Property is near an ocean
  • Panoramic View
  • Multiple Fireplaces
  • Vieja Valley Elementary School Rated A
  • Fruit Trees
  • Wood Flooring

About This Home

As of June 2020

DO NOT GO ON PROPERTY! Seller onsite! Once in a Lifetime Opportunity to own a single level home in Hope Ranch for under $2,000,000! Resting on 1 acre with 2 bedrooms, a den, 3 bathrooms and a studio off of the garage. Gorgeous mountain views and room to expand this offering to suit your dreams.

Last Agent to Sell the Property

Rachael Douglas

Berkshire Hathaway HomeServices California Properties License #02024147 Listed on: 06/01/2020

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Calcagno & Hamilton

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1938

Lot Details

  • 1 Acre Lot
  • Fruit Trees
  • Property is in average condition

HOA Fees

  • $2,410 Monthly HOA Fees

Parking

  • Garage

Property Views

  • Panoramic
  • Mountain

Home Design

  • Spanish Architecture
  • Mediterranean Architecture
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,564 Sq Ft Home
  • Multiple Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Wood Flooring
  • Gas Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Outdoor Features

  • Property is near an ocean
  • Shed

Schools

  • Vieja Valley Elementary School
  • Lacumbre Middle School
  • San Marcos High School

Utilities

  • Forced Air Heating System
  • Tankless Water Heater
  • Water Softener is Owned
  • Septic System

Additional Features

  • Stepless Entry
  • Property is near schools and shops

Listing and Financial Details

  • Assessor Parcel Number 063-094-006

Community Details

Overview

  • Association fees include prop mgmt, comm area maint, security
  • $600 HOA Transfer Fee
  • 25 Hope Ranch Subdivision

Recreation

  • Tennis Courts

Security

  • Security Service

Home Details

Home Type

Single Family

Year Built

Built in 1938

Lot Details

1 Acres

HOA Fees

$2,410 per month

Listing Details

  • Association Fee: 2409.54
  • Association Transfer Fee: 600.00
  • Directions: From Las Palmas turn towards the golf course onto Lago. Turn Right onto Estrella then left on Ramitas. Home will be on Right.
  • Prop. Type: Residential
  • Year Built: 1938
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: In Kitchen
  • Reso Association Amenities: Other, Tennis Court(s), Security
  • Reso Association Fee Includes: Other, Prop Mgmt, Comm Area Maint, Security
  • Subdivision Name: 25 - Hope Ranch
  • Architectural Style: Medit, Spanish
  • Reso Flooring: Wood
  • Garage Yn: Yes
  • Unit Levels: Entry Lvl(No Stairs)
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Reso Property Condition: Fair
  • Property Information Year Built2: 1938
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.0
  • NeighborhoodSchools Elementary School: Vieja Valley
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: San Marcos
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Construction Entry Lvl(No Stairs)2: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near School(s)2: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Office3: Yes
  • Dining Formal2: Yes
  • Fireplace(s):_two_3: Yes
  • WaterSewer Septic In: Yes
  • Roof:Tile2: Yes
  • Other Buildings Shed: Yes
  • Appliances Included Wtr SoftenerOwned: Yes
  • FlrWdw Coverings Wood2: Yes
  • Pets Yes: Yes
  • Style Medit2: Yes
  • Style Spanish2: Yes
  • Condition Fair2: Yes
  • Rooms:Den: Yes
  • AssocPark Amenities Security: Yes
  • AssocPark Amenities Tennis Court(s)2: Yes
  • AssocPark Fee Incl Security2: Yes
  • Laundry In Kitchen3: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Tankless Water Heater, Dryer, Washer, Wtr Softener/Owned
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: 2, LR
  • Appliances Included:Tankless Water Heater: Yes

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Setting, Panoramic
  • Construction Type: Stucco
  • Acres: 1.0
  • Exterior Features: Fruit Trees

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: La Cumb Wtr
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: Yes

Schools

  • Elementary School: Vieja Valley
  • High School: San Marcos
  • Middle Or Junior School: LaCumbre

Lot Info

  • Parcel #: 063-094-006
  • Zoning: Other
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2020
Closed on
Aug 27, 2020
Sold by
Pevec Zoran
Bought by
Pevec Zoran and Pevec Marisa Anne
Seller's Agent
Rachael Douglas
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Calcagno & Hamilton
Sotheby's International Realty
List Price
$1,599,000
Sold Price
$1,675,000
Premium/Discount to List
$76,000
4.75%
Current Estimated Value
$3,176,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,501,230
Avg. Annual Appreciation
12.01%
Original Mortgage
$1,340,000
Outstanding Balance
$1,189,161
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,987,069

Purchase Details

Listed on
Jun 1, 2020
Closed on
Jun 17, 2020
Sold by
Miller James Pinckney
Bought by
Pevec Zoran
Seller's Agent
Rachael Douglas
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Calcagno & Hamilton
Sotheby's International Realty
List Price
$1,599,000
Sold Price
$1,675,000
Premium/Discount to List
$76,000
4.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Closed on
May 21, 2019
Sold by
S & S Lane Family Trust
Bought by
James Pickney Miller Jr Revocable Trust

Purchase Details

Closed on
Jan 30, 2010
Sold by
Lane Sonja C
Bought by
Lane Sonja C

Purchase Details

Closed on
Feb 20, 2008
Sold by
Lane Samuel H and Lane Sonja C
Bought by
Lane Samuel H and Lane Sonja C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pevec Zoran -- Fidelity National Title Co
Pevec Zoran $1,675,000 First American Title Company
Pevec Zoran -- First American Title Company
James Pickney Miller Jr Revocable Trust -- None Available
Lane Sonja C -- None Available
Lane Samuel H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pevec Zoran $1,340,000
Previous Owner Pevec Zoran $1,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2020 06/29/20 Sold $1,675,000 +4.8% $1,071 / Sq Ft
06/09/2020 06/09/20 Pending -- -- --
06/01/2020 06/01/20 For Sale $1,599,000 -- $1,022 / Sq Ft
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 $21,480 $2,526,853 $1,421,738 $1,105,115
2023 $21,480 $1,760,722 $1,366,531 $394,191
2022 $18,643 $1,726,199 $1,339,737 $386,462
2021 $17,972 $1,692,353 $1,313,468 $378,885
2020 $17,328 $1,632,000 $1,020,000 $612,000
2019 $16,814 $1,600,000 $1,000,000 $600,000
2018 $1,666 $155,089 $69,888 $85,201
2017 $1,558 $152,049 $68,518 $83,531
2016 $1,559 $149,069 $67,175 $81,894
2014 $1,517 $143,954 $64,870 $79,084
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-1971

Santa Barbara Multiple Listing Service

APN: 063-094-006

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