NOT LISTED FOR SALE

Estimated Value: $7,458,000 - $8,881,000

4 Beds
4.5 Baths
4,792 Sq Ft
$1,660/Sq Ft Est. Value

Last Sold January 30, 2014

Last sale price $5,325,000 $1,111 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $47,311/month

158 Days on Market

Highlights

  • Ocean View
  • Guest House
  • Property is near an ocean
  • Vieja Valley Elementary School Rated A
  • Spa
  • Updated Kitchen

About This Home

As of January 2014

Set on 2+/- private acres in Hope Ranch, majestic palms, oaks and lush gardens surround this pristine, ocean-view estate. With bright, chic interiors, the stunning residence boasts a desirable open floor plan with endless entertaining spaces. Abundant amenities include a private guest wing, lavish master suite, pool, spa, koi pond w/ waterfall, pool cabana/guest studio and sprawling lawns.

Last Agent to Sell the Property

Robert Riskin

Village Properties License #01815307 / 01447045 / 01954177 / 01951069 Listed on: 08/01/2013

Last Buyer's Agent

Dore & O'Neill

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1974

Lot Details

  • 1.88 Acre Lot
  • Gated Home
  • Level Lot
  • Irrigation
  • Fruit Trees
  • Lawn
  • Property is in excellent condition
  • Property is zoned EX-1

Property Views

  • Ocean
  • Mountain

Home Design

  • Slab Foundation
  • Shake Roof
  • Stucco

Interior Spaces

  • 4,792 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • Multiple Fireplaces
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Sun or Florida Room
  • Monitored

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Detached Garage
  • Uncovered Parking

Pool

  • Spa
  • Outdoor Pool

Outdoor Features

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

Additional Homes

  • Guest House

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Septic System

Community Details

  • Property has a Home Owners Association
  • 25 Hope Ranch Subdivision

Listing and Financial Details

  • Assessor Parcel Number 063-141-025

Home Details

Home Type

Single Family

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Directions: From Marina Drive, turn onto Estrella Drive and make a left onto Cresta Ave.
  • Prop. Type: Residential
  • Year Built: 1974
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level
  • ResoSecurityFeatures: Monitored, Gate:Elec, Security System
  • Reso Association Amenities: Other
  • Reso Association Fee Includes: Other
  • Subdivision Name: 25 - Hope Ranch
  • Architectural Style: Other
  • Reso Flooring: Carpet, Hardwood, Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1974
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.88
  • NeighborhoodSchools Elementary School: Vieja Valley
  • NeighborhoodSchools Junior High School: LaColina
  • NeighborhoodSchools High School: San Marcos
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Unc #4: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Construction Two Story2: Yes
  • ParkingGarage Gar #33: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Amenities Guest House2: Yes
  • Amenities Guest Quarters2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Gas8: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • WaterSewer Septic In: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • Other Buildings Shed: Yes
  • ViewOcean: Yes
  • ParkingGarage Detached: Yes
  • Security Monitored2: Yes
  • Roof Shake: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Trash Compactor, Refrigerator, Gas Range, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Primary Bedroom, Family Room, Other, 2+, Gas, LR
  • Total Bedrooms: 9
  • Appliances Included:Double Oven2: Yes
  • Other Rooms:Sun Room2: Yes
  • Appliances Included:Trash Compactor2: Yes

Exterior Features

  • Roof: Shake
  • View: Mountain(s), Ocean, Setting
  • Construction Type: Stucco
  • Acres: 1.88
  • Topography: Level
  • Exterior Features: Pool, Patio Open, SPA-Outside, Lawn, Fruit Trees, Yard Irrigation T/O, Fenced: ALL
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #3, Unc #4, Detached

Utilities

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

Condo/Co-op/Association

  • Association: 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 #: 063-141-025
  • Zoning: EX-1
  • Lot Size Sq Ft: 81892.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2018
Sold by
Bowlus Jarold J and Bowlus Alison A
Bought by
Bowlus Jarold Jan and Bowlus Alison A
Current Estimated Value
$7,957,015

Purchase Details

Listed on
Aug 1, 2013
Closed on
Feb 20, 2014
Sold by
Bowfus Alison Ann
Bought by
Bowlus Jarold J
Seller's Agent
Robert Riskin
Village Properties
Buyer's Agent
Dore & O'Neill
Sotheby's International Realty
List Price
$5,950,000
Sold Price
$5,325,000
Premium/Discount to List
-$625,000
-10.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.42%

Purchase Details

Listed on
Aug 1, 2013
Closed on
Jan 7, 2014
Sold by
Hopkinson Judith L
Bought by
Bowlus Jarold J
Seller's Agent
Robert Riskin
Village Properties
Buyer's Agent
Dore & O'Neill
Sotheby's International Realty
List Price
$5,950,000
Sold Price
$5,325,000
Premium/Discount to List
-$625,000
-10.5%

Purchase Details

Closed on
Sep 19, 2003
Sold by
Hopkinson Judith L
Bought by
Hopkinson Judith L

Purchase Details

Closed on
Jul 8, 1997
Sold by
Levy William J and Levy Laura
Bought by
Hopkinson Judith L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,330,000
Interest Rate
7.58%

Purchase Details

Closed on
Feb 9, 1995
Sold by
Levy Melody Ann
Bought by
Levy William J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bowlus Jarold Jan -- None Available
Bowlus Jarold J -- None Available
Bowlus Jarold J -- None Available
Bowlus Jarold J $5,325,000 Chicago Title Company
Hopkinson Judith L -- --
Hopkinson Judith L -- Chicago Title Co
Levy William J -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hopkinson Judith L $1,330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2014 01/30/14 Sold $5,325,000 -10.5% $1,111 / Sq Ft
01/06/2014 01/06/14 Pending -- -- --
08/01/2013 08/01/13 For Sale $5,950,000 -- $1,242 / 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 $68,448 $6,527,713 $3,432,412 $3,095,301
2023 $68,448 $6,274,235 $3,299,128 $2,975,107
2022 $66,039 $6,151,212 $3,234,440 $2,916,772
2021 $63,656 $6,030,601 $3,171,020 $2,859,581
2020 $62,980 $5,968,766 $3,138,506 $2,830,260
2019 $61,105 $5,851,732 $3,076,967 $2,774,765
2018 $59,906 $5,736,993 $3,016,635 $2,720,358
2017 $58,830 $5,624,504 $2,957,486 $2,667,018
2016 $57,283 $5,514,221 $2,899,497 $2,614,724
2015 $56,737 $5,431,393 $2,855,944 $2,575,449
2014 -- $3,043,188 $1,172,314 $1,870,874
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 13-2488

Santa Barbara Multiple Listing Service

APN: 063-141-025