NOT LISTED FOR SALE

Estimated Value: $1,811,000 - $2,217,361

4 Beds
2.5 Baths
2,373 Sq Ft
$846/Sq Ft Est. Value

Last Sold January 29, 2016

Last sale price $875,000 $369 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $11,822/month

35 Days on Market

Highlights

  • Additional Residence on Property
  • Property is near an ocean
  • Mountain View
  • Hope Elementary School Rated A
  • Fruit Trees
  • Maid or Guest Quarters

About This Home

As of January 2016

Impeccable value with a true gem of a home. This home has been lovingly owned by the same family since it was built and now you have a chance to call this your home. The main house has a very versatile floor plan allowing many living options. The main house is single level, complete with 3 bedrooms, 2 Baths, Living room/ Family room and a massive Master, as well as a 1bd 1ba attached guest house Impeccable value with a true gem of a home. This home has been lovingly owned by the same family since it was built and now you have a chance to call this your home. The main house has a very versatile floor plan allowing many living options. The main house is single level, complete with 3 bedrooms, 2 Baths, Living room/ Family room and a massive Master complete with its own fireplace. Not to mention an additional attached 1 bedroom 1 bath unit perfect for extended family or 'multi-family' considerations.
The approximately .35 Acre lot is located atop a knoll perched just above Foothill Road. This home is located in the Hope School District, Convenient to schools, shopping, restaurants and medical facilities.
Do you like the farmers market? Go no further than your own yard adorned with numerous mature citrus and Avocado trees, the beautiful front gazebo is wrapped with colorful and tasty grapes. The raised garden areas will allow you to plant all your favorite herbs and vegetables. The property is also fully fenced and perfect for pets.
The Property is also an entertainers dream with the expansive hard complete with outdoor games, horseshoe pits, BBQ are and much more, this home is truly an entertainers dream.
This amazing home and property will work well for many different buyers.

Last Agent to Sell the Property

JJ Lambert

Sotheby's International Realty Listed on: 02/01/2016

Last Buyer's Agent

Mark Goetz

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,564

Year Built

  • Built in 1961

Lot Details

  • 0.35 Acre Lot
  • Dog Run
  • Back Yard Fenced
  • Irrigation
  • Fruit Trees
  • Drought Tolerant Landscaping
  • Property is in good condition

Parking

  • Uncovered Parking

Home Design

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

Interior Spaces

  • 2,373 Sq Ft Home
  • Cathedral Ceiling
  • Multiple Fireplaces
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Mountain Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Maid or Guest Quarters

Outdoor Features

  • Property is near an ocean
  • Patio
  • Gazebo
  • Shed
  • Built-In Barbecue

Location

  • Property is near a park
  • Property is near public transit
  • Property near a hospital
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Schools

  • Hope Elementary School
  • Lacolina Middle School
  • S.B. Sr. High School

Additional Features

  • Additional Residence on Property
  • Forced Air Heating System

Community Details

  • El Cerrito Tr Community

Listing and Financial Details

  • Assessor Parcel Number 055-040-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,564

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1961
  • Reso Property Sub Type: Home/Estate
  • ResoLotFeatures: Near Public Transit
  • Architectural Style: Ranch
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Reso Property Condition: Good
  • Property Information Year Built2: 1961
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.35
  • NeighborhoodSchools Elementary School: Hope
  • NeighborhoodSchools Junior High School: LaColina
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • Property Information Within City Limits: No
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Drought Tolerant LND2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Dining Dining Area2: Yes
  • Fireplace(s) LR: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • Proximity Near Shopping2: Yes
  • Amenities Guest Quarters2: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • Fireplace(s):_two_3: Yes
  • Location Info Development Name: El Cerrito Tr
  • GroundsLandscaping Dog Run2: Yes
  • Other Buildings Shed: Yes
  • Other Buildings Second Residence2: Yes
  • GroundsLandscaping Fenced BCK: Yes
  • Proximity Near Hospital2: Yes
  • Pets Yes: Yes
  • ParkingGarage Unc #33: Yes
  • GroundsLandscaping Gazebo2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Primary Bedroom, 2, LR

Exterior Features

  • Roof: Composition
  • View: Mountain(s)
  • Construction Type: Stucco
  • Acres: 0.35
  • Exterior Features: Patio Open, Gazebo, Dog Run, Fruit Trees, Yard Irrigation T/O, Fenced: BCK, Drought Tolerant LND
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unc #3

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: Hope
  • High School: S.B. Sr.
  • Middle Or Junior School: LaColina

Lot Info

  • Parcel #: 055-040-012
  • Zoning: R-1
  • Lot Size Sq Ft: 15246.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2016
Closed on
Jan 26, 2016
Sold by
Soria Steven T and Soria Alinda J
Bought by
Tri Counties Community Housing Corporati
Seller's Agent
JJ Lambert
Sotheby's International Realty
Buyer's Agent
Mark Goetz
Coldwell Banker Realty
List Price
$949,000
Sold Price
$875,000
Premium/Discount to List
-$74,000
-7.8%
Current Estimated Value
$2,008,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,133,340
Avg. Annual Appreciation
9.03%
Original Mortgage
$656,250
Outstanding Balance
$524,370
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,483,970

Purchase Details

Closed on
Feb 11, 2015
Sold by
Soria Steven T and Soria Alinda J
Bought by
Soria Steven T and Soria Alinda J

Purchase Details

Closed on
Sep 19, 2014
Sold by
Soria Steven T
Bought by
Soria Steven T and Soria Alinda J

Purchase Details

Closed on
May 12, 2008
Sold by
Soria Mary A
Bought by
Soria Bernard G and Soria Mary A

Purchase Details

Closed on
Apr 1, 1996
Sold by
Soria Mary A
Bought by
Soria Mary A

Purchase Details

Closed on
Nov 1, 1995
Sold by
Soria Bernard G
Bought by
Soria Mary A
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
Tri Counties Community Housing Corporati $875,000 Chicago Title Company
Soria Steven T -- None Available
Soria Steven T -- None Available
Soria Bernard G -- None Available
Soria Mary A -- --
Soria Mary A -- --
Soria Mary A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tri Counties Community Housing Corporati $656,250
Closed Tri Counties Community Housing Corporati $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2016 01/29/16 Sold $875,000 -7.8% $369 / Sq Ft
11/05/2015 11/05/15 Pending -- -- --
10/01/2015 10/01/15 For Sale $949,000 -- $400 / 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 $11,564 $1,035,818 $591,896 $443,922
2023 $11,564 $995,598 $568,913 $426,685
2022 $11,176 $976,077 $557,758 $418,319
2021 $10,794 $956,939 $546,822 $410,117
2020 $10,686 $947,128 $541,216 $405,912
2019 $10,387 $928,557 $530,604 $397,953
2018 $10,175 $910,350 $520,200 $390,150
2017 $9,739 $875,000 $500,000 $375,000
2016 $1,550 $95,535 $29,207 $66,328
2015 $1,538 $94,101 $28,769 $65,332
2014 $1,548 $92,259 $28,206 $64,053
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 15-3312

Santa Barbara Multiple Listing Service

APN: 055-040-012