NOT LISTED FOR SALE

405 Nicholas Ln Santa Barbara, CA 93108

Eucalyptus Hill Neighborhood

Estimated Value: $2,882,087 - $3,292,000

3 Beds
2 Baths
1,832 Sq Ft
$1,674/Sq Ft Est. Value

Last Sold December 18, 2015

Last sale price $1,500,000 $819 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $18,204/month

Highlights

  • Ocean View
  • Hilly Lot
  • Cathedral Ceiling
  • Cold Spring Elementary School Rated A
  • Ranch Style House
  • Wood Flooring

About This Home

As of December 2015

Look at this lovely three bedroom and two bath home that sits on nearly an acre of views and a sizable avocado orchard. The garden were designed by Isabella Greene. In addition, there is a living room with vaulted ceilings, a family room, and a master bedroom with ocean views, and a large covered terrace. Attached is a two care garage and a storage room.

Last Agent to Sell the Property

Teresa McWilliams

Coldwell Banker Realty Listed on: 11/17/2015

Last Buyer's Agent

Kim Crawford

Village Properties - 1 License #01440068

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,263

Year Built

  • Built in 1969

Lot Details

  • Partially Fenced Property
  • Hilly Lot
  • Property is in good condition
  • Property is zoned E-1

Parking

  • Garage

Property Views

  • Ocean
  • Mountain

Home Design

  • Ranch Style House
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,832 Sq Ft Home
  • Cathedral Ceiling
  • Family Room
  • Laundry Room

Kitchen

  • Double Oven
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Parquet
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near schools

Schools

  • Cold Spring Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Forced Air Heating System
  • Sewer Stub Out

Listing and Financial Details

  • Assessor Parcel Number 013-210-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,263

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Directions: Barker Pass to Nicholas Lane.
  • Prop. Type: Residential
  • Year Built: 1969
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • Architectural Style: Ranch
  • Reso Flooring: Carpet, Hardwood, Parquet
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1969
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Cold Spring
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Hilly2: Yes
  • Property Information Within City Limits: No
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Laundry Laundry Room2: Yes
  • Appliances Included Dishwasher3: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Condition Good2: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • FlrWdw Coverings Carpet: Yes
  • ViewOcean: Yes
  • Appliances Included Electric Range2: Yes
  • Property Information Apx Lot Size FxD: 40,946
  • FlrWdw Coverings Parquet2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Electric Range, Dishwasher, Double Oven
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Appliances Included:Double Oven2: Yes

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Ocean
  • Construction Type: Stucco
  • Topography: Hilly
  • Exterior Features: Fenced: PRT
  • Foundation Details: Slab

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: SB Wtr
  • Heating:Forced Air: Yes

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

  • Elementary School: Cold Spring
  • High School: S.B. Sr.
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 013-210-007
  • Zoning: E-1
  • ResoLotSizeUnits: Apx Lot Size FxD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2018
Sold by
Schmidt Karl R and Schmidt Patricia D
Bought by
Schmidt Karl R and Schmidt Patricia D
Current Estimated Value
$3,067,522

Purchase Details

Listed on
Nov 17, 2015
Closed on
Dec 11, 2015
Sold by
Demuller Mary Jean Fowler
Bought by
Karl Schmidt Revocable Intervivos Trust and Schmidt Patricia D
Seller's Agent
Teresa McWilliams
Coldwell Banker Realty
Buyer's Agent
Kim Crawford
Village Properties - 1
List Price
$1,649,000
Sold Price
$1,500,000
Premium/Discount to List
-$149,000
-9.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.96%
Original Mortgage
$275,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 26, 1996
Sold by
Muller M F
Bought by
Demuller Mary Jean Fowler
Source: Public Records

Range of Values:

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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
Schmidt Karl R -- None Available
Karl Schmidt Revocable Intervivos Trust $1,500,000 Chicago Title Company
Demuller Mary Jean Fowler -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt Karl R $250,000
Closed Schmidt Karl R $275,000
Previous Owner Muller Mary Jean Fowler De $171,810
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2015 12/18/15 Sold $1,500,000 -9.0% $819 / Sq Ft
11/17/2015 11/17/15 Pending -- -- --
11/17/2015 11/17/15 For Sale $1,649,000 -- $900 / 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 $18,263 $1,789,615 $1,420,552 $369,063
2023 $18,263 $1,720,125 $1,365,392 $354,733
2022 $17,601 $1,686,398 $1,338,620 $347,778
2021 $17,222 $1,653,332 $1,312,373 $340,959
2020 $16,922 $1,636,380 $1,298,917 $337,463
2019 $16,706 $1,604,296 $1,273,449 $330,847
2018 $16,377 $1,572,840 $1,248,480 $324,360
2017 $16,119 $1,537,000 $1,224,000 $313,000
2016 $15,612 $1,500,000 $1,200,000 $300,000
2015 $1,485 $141,949 $53,631 $88,318
2014 $1,461 $139,169 $52,581 $86,588
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2015

    Teresa McWilliams

    Coldwell Banker Realty

  • K

    Buyer's Agent in 2015

    Kim Crawford

    Village Properties - 1

    (805) 681-8800

    2 Total Sales

    Kim Crawford
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 15-3747

Santa Barbara Multiple Listing Service

APN: 013-210-007

California Santa Barbara County Santa Barbara 93108 Eucalyptus Hill

405 Nicholas Ln, Santa Barbara, CA

This home is located at 405 Nicholas Ln, Santa Barbara, CA 93108 since 17 November 2015 and is currently estimated at $3,067,522, approximately $1,674 per square foot. This property was built in 1969. 405 Nicholas Ln is a home located in Santa Barbara County with nearby schools including Cold Spring Elementary School, Santa Barbara Junior High School, and Santa Barbara Senior High School.

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