NOT LISTED FOR SALE

4055 Cuervo Ave Santa Barbara, CA 93110

Hope Ranch Neighborhood

Estimated Value: $4,957,000 - $7,904,000

3 Beds
4.5 Baths
3,460 Sq Ft
$1,892/Sq Ft Est. Value

Last Sold March 20, 2019

Last sale price $4,575,000 $1,322 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $38,401/month

Highlights

  • Ocean View
  • Pool House
  • Maid or Guest Quarters
  • Vieja Valley Elementary School Rated A
  • Property is near an ocean
  • Deck

About This Home

As of March 2019

***FOR STATISTICAL PURPOSES ONLY*** Mesmerizing sunrise to sunset ocean views from every room of this Hope Ranch home. Single level floor plan (tax records show 3,460 sq ft). 3 bed/2 bath + study + detached pool house & recreation room. Pool and spa. Approx 1.5 acre lot. 2 car garage.

Last Agent to Sell the Property

David Kim

Village Properties License #01813897 Listed on: 03/20/2019

Last Buyer's Agent

Robert Riskin

Village Properties License #01815307 / 01447045 / 01954177 / 01951069

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $55,563

Year Built

  • Built in 1951

Lot Details

  • 1.5 Acre Lot
  • Gated Home
  • Level Lot
  • Hilly Lot
  • Property is in good condition
  • Property is zoned EX-1

Parking

  • Direct Access Garage

Property Views

  • Ocean
  • Panoramic

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shake Roof

Interior Spaces

  • 3,460 Sq Ft Home
  • Cathedral Ceiling
  • Multiple Fireplaces
  • Double Pane Windows
  • Formal Dining Room
  • Library
  • Video Cameras

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Built-In Range

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Pool House
  • Spa
  • Outdoor Pool

Outdoor Features

  • Property is near an ocean
  • Deck
  • Gazebo

Schools

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

Additional Features

  • Property is near schools
  • Forced Air Heating and Cooling System

Community Details

  • Hope Ranch Park Community
  • 25 Hope Ranch Subdivision

Listing and Financial Details

  • Assessor Parcel Number 063-191-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$55,563

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1951
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level
  • ResoSecurityFeatures: Gate:Elec, Security Camera
  • Subdivision Name: 25 - Hope Ranch
  • Architectural Style: Ranch
  • Reso Flooring: Wood, Carpet, Tile
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1951
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.5
  • NeighborhoodSchools Elementary School: Vieja Valley
  • NeighborhoodSchools Junior High School: LaColina
  • NeighborhoodSchools High School: San Marcos
  • View Panoramic2: Yes
  • LocationTopo Level: Yes
  • LocationTopo Hilly2: Yes
  • Property Information Within City Limits: No
  • Construction Single Story2: Yes
  • Foundation:Slab: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Washer3: Yes
  • Security GateElec: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Amenities Guest Quarters2: Yes
  • Security Security Camera2: Yes
  • Property Information Apx Lot SqFt: 65340.0
  • Condition Good2: Yes
  • Fireplace(s):_two_3: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • Location Info Development Name: Hope Ranch Park
  • GroundsLandscaping Deck3: Yes
  • ViewOcean: Yes
  • FlrWdw Coverings Wood2: Yes
  • Rooms LbryStudy: Yes
  • GroundsLandscaping Gazebo2: Yes
  • GroundsLandscaping Pool House2: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • Roof Shake: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Oven/Rnge/Blt-In, Dryer, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: 2

Exterior Features

  • Roof: Shake
  • View: Ocean, Panoramic
  • Acres: 1.5
  • Topography: Hilly, Level
  • Exterior Features: Pool, Pool House, Deck, SPA-Outside, Gazebo, Fenced: ALL
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #2, Interior Access, Attached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: La Cumb Wtr
  • Heating:Forced Air: Yes

Association/Amenities

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

Schools

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

Lot Info

  • Parcel #: 063-191-006
  • Zoning: EX-1
  • Lot Size Sq Ft: 65340.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2020
Sold by
Sharma Drew
Bought by
Sharma Drew and Ervin Lindsay
Current Estimated Value
$6,363,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Outstanding Balance
$221,233
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$6,326,189

Purchase Details

Listed on
Mar 20, 2019
Closed on
Feb 15, 2019
Sold by
Ervin Lindsay
Bought by
Sharma Drew
Seller's Agent
David Kim
Village Properties
Buyer's Agent
Robert Riskin
Village Properties
List Price
$4,575,000
Sold Price
$4,575,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.75%
Original Mortgage
$2,500,000
Outstanding Balance
$2,184,393
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,363,029
Source: Public Records

Range of Values:

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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
Sharma Drew -- Chicago Title Company
Sharma Drew -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharma Drew $252,000
Open Sharma Drew $2,500,000
Previous Owner Almond Gwinn A $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2019 03/20/19 Sold $4,575,000 0.0% $1,322 / Sq Ft
03/20/2019 03/20/19 Pending -- -- --
03/20/2019 03/20/19 For Sale $4,575,000 -- $1,322 / 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 $55,563 $5,298,051 $3,904,315 $1,393,736
2023 $55,563 $5,092,322 $3,752,706 $1,339,616
2022 $52,455 $4,885,140 $3,679,124 $1,206,016
2021 $49,851 $4,721,844 $3,606,985 $1,114,859
2020 $49,248 $4,666,500 $3,570,000 $1,096,500
2019 $10,860 $1,028,951 $359,941 $669,010
2018 $10,648 $1,008,777 $352,884 $655,893
2017 $10,392 $988,998 $345,965 $643,033
2016 $10,154 $969,607 $339,182 $630,425
2014 $9,815 $936,337 $327,544 $608,793
Source: Public Records

Agents Affiliated with this Home

  • David Kim

    Seller's Agent in 2019

    David Kim

    Village Properties

    (805) 969-8900

    3 in this area

    104 Total Sales

    Section Image
  • Robert Riskin

    Buyer's Agent in 2019

    Robert Riskin

    Village Properties

    (805) 698-0199

    9 in this area

    215 Total Sales

    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-905

Santa Barbara Multiple Listing Service

APN: 063-191-006

California Santa Barbara County Santa Barbara 93110 Hope Ranch

4055 Cuervo Ave, Santa Barbara, CA

This home is located at 4055 Cuervo Ave, Santa Barbara, CA 93110 since 20 March 2019 and is currently estimated at $6,547,422, approximately $1,892 per square foot. This property was built in 1951. 4055 Cuervo Ave is a home located in Santa Barbara County with nearby schools including Vieja Valley Elementary School, La Colina Junior High School, and San Marcos Senior High School.

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