NOT LISTED FOR SALE

Estimated Value: $7,050,000 - $18,351,060

4 Beds
3.5 Baths
4,375 Sq Ft
$2,903/Sq Ft Est. Value

Last Sold November 10, 2016

Last sale price $6,200,000 $1,417 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $73,119/month

Highlights

  • Ocean View
  • Property is near an ocean
  • Cathedral Ceiling
  • Vieja Valley Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Spanish Architecture

About This Home

As of November 2016

FOR STATISTICAL PURPOSE! Spectacular Ocean Views from this enchanting Hope Ranch Estate.

Last Agent to Sell the Property

Terrence Ryken

Compass License #01107300 Listed on: 11/11/2016

Compass

Last Buyer's Agent

Terrence Ryken

Compass License #01107300 Listed on: 11/11/2016

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 1.3 Acre Lot
  • Fenced
  • Level Lot
  • Property is in good condition

Parking

  • Attached Garage

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,375 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Multiple Fireplaces
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Tile Flooring
  • Ocean Views
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Outdoor Features

  • Property is near an ocean
  • Patio

Schools

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

Utilities

  • Forced Air Heating System
  • Septic System
  • Cable TV Available

Community Details

  • Hope Ranch Community
  • 25 Hope Ranch Subdivision

Listing and Financial Details

  • Assessor Parcel Number 063-233-020

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

1.3 Acres

Listing Details

  • Association Fee: TBD
  • Prop. Type: Residential
  • Year Built: 1978
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: 220V Elect, Laundry Room
  • ResoLotFeatures: Level
  • Subdivision Name: 25 - Hope Ranch
  • Architectural Style: Spanish
  • Reso Flooring: Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1978
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.3
  • NeighborhoodSchools Elementary School: Vieja Valley
  • NeighborhoodSchools Junior High School: LaColina
  • NeighborhoodSchools High School: San Marcos
  • LocationTopo Level: Yes
  • Property Information Within City Limits: No
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Rooms Family Room4: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Tile3: Yes
  • Construction Two Story2: Yes
  • ParkingGarage Gar #33: Yes
  • Dining Breakfast Area2: Yes
  • Amenities Wet Bar2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Condition Good2: Yes
  • WaterSewer Septic In: Yes
  • Location Info Development Name: Hope Ranch
  • Roof:Tile2: Yes
  • ViewOcean: Yes
  • Laundry:_two_20V Elect2: Yes
  • Site Improvements Cable TV3: Yes
  • Style Spanish2: Yes
  • Dining In Living Room2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Primary Bedroom, Family Room, 2+, LR
  • Total Bedrooms: 8
  • Other Rooms:Sun Room2: Yes

Exterior Features

  • Roof: Tile
  • View: Ocean, Setting
  • Construction Type: Stucco
  • Acres: 1.3
  • Topography: Level
  • Exterior Features: Patio Open, Fenced: ALL
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #3, Attached

Utilities

  • Heating: Forced Air
  • 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 #: 063-233-020
  • Zoning: R-1
  • Lot Size Sq Ft: 56628.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2016
Closed on
Oct 26, 2016
Sold by
Patrick Dennis R and Patrick Paula J
Bought by
Rimmer Stephen Thomas and Decker Leslie Jo
Seller's Agent
Terrence Ryken
Compass
Buyer's Agent
Terrence Ryken
Compass
List Price
$6,200,000
Sold Price
$6,200,000
Current Estimated Value
$12,700,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,500,530
Avg. Annual Appreciation
7.98%
Original Mortgage
$4,000,000
Outstanding Balance
$3,180,561
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$9,519,969

Purchase Details

Closed on
Sep 4, 2015
Sold by
Kiryakous Charles A
Bought by
Patrick Living Trust

Purchase Details

Closed on
May 15, 2015
Sold by
Ryken Terrence J
Bought by
Kiryakous Charles A

Purchase Details

Closed on
Oct 30, 1995
Sold by
Lehming Guenter and Lehming Gunter
Bought by
Morgan Ray A and Ryken Terrence J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$561,000
Interest Rate
7%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rimmer Stephen Thomas $6,200,000 First American Title Company
Patrick Living Trust $5,550,000 First American Title Company
Kiryakous Charles A -- None Available
Morgan Ray A -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rimmer Stephen Thomas $4,000,000
Previous Owner Morgan Ray A $561,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2016 11/10/16 Sold $6,200,000 0.0% $1,417 / Sq Ft
11/10/2016 11/10/16 Pending -- -- --
11/10/2016 11/10/16 For Sale $6,200,000 -- $1,417 / 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 $93,081 $10,711,342 $4,795,342 $5,916,000
2023 $93,081 $7,462,075 $4,562,075 $2,900,000
2022 $71,233 $6,631,584 $4,424,584 $2,207,000
2021 $54,537 $5,161,808 $4,338,808 $823,000
2020 $44,876 $4,244,832 $4,244,832 $0
2019 $43,541 $4,161,600 $4,161,600 $0
2018 $66,100 $6,324,000 $4,080,000 $2,244,000
2017 $64,922 $6,200,000 $4,000,000 $2,200,000
2016 $53,897 $5,182,816 $3,679,679 $1,503,137
2015 $18,192 $1,743,035 $1,002,142 $740,893
2014 -- $1,708,892 $982,512 $726,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 16-3706

Santa Barbara Multiple Listing Service

APN: 063-233-020

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