NOT LISTED FOR SALE

Estimated Value: $2,419,272 - $2,732,000

5 Beds
3 Baths
3,619 Sq Ft
$705/Sq Ft Est. Value

Last Sold August 03, 2018

Last sale price $1,465,000 $405 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $15,290/month

43 Days on Market

Highlights

  • Property is near an ocean
  • Views
  • Tile Flooring
  • Main Floor Bedroom
  • Laundry Room
  • Garage

About This Home

As of August 2018

A phenomenal find in the Channel Islands located between Malibu and Santa Barbara. This waterfront home with a 40-foot boat dock is located in an excellent location in the highly sought-after Mandalay Bay Harbor. Rare 5 bedroom home with over 3600 sq. ft has plenty of room for friends and family and even has a bedroom and bath on the first floor. Living room and Dining room have floor to ceiling glass windows looking out to the water. Living room features high ceilings, a fireplace and a nice wet bar. The large kitchen has great counter space and plenty of storage including a walk-in pantry. Very well thought out floorplan. Huge Master Bedroom has outstanding views out to the water, bath with double sinks, separate tub and shower and large walk in closet with built in storage. Sit on the balcony and enjoy your morning coffee. Large deck has plenty of room for entertaining. Freshly painted interior and move in ready. The 3 car garage creates plenty of room for your water toys. Take advantage of nearby beaches, restaurants and shopping. Primary home or vacation home....you decide!! Enjoy living a vacation lifestyle. No Mello-Roos fees! Voluntary HOA is $50 a year

Last Agent to Sell the Property

Gary Schoeffler

Berkshire Hathaway HomeServices California Properties License #01269270 Listed on: 06/22/2018

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Non Member Agent

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,371

Year Built

  • Built in 1988

Lot Details

  • 4,792

Parking

  • Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,619 Sq Ft Home
  • Central Vacuum
  • Family Room with Fireplace
  • Laundry Room
  • Property Views

Kitchen

  • Stove
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Schools

  • See Remarks Elementary And Middle School
  • See Remarks High School

Additional Features

  • Property is near an ocean
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 188-0-054-145

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,371

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Directions: South on Victoria, turn West on West Hemlock
  • Prop. Type: Residential
  • Year Built: 1988
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level
  • Reso Flooring: Carpet, Tile
  • Garage Yn: Yes
  • Property Information Year Built2: 1988
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: See Remarks
  • NeighborhoodSchools Junior High School: See Remarks
  • NeighborhoodSchools High School: See Remarks
  • LocationTopo Level: Yes
  • Property Information Within City Limits: No
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • Proximity Near Ocean2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Laundry Laundry Room2: Yes
  • Appliances Included Disposal3: Yes
  • FlrWdw Coverings Tile3: Yes
  • ParkingGarage Gar #33: Yes
  • Fireplace(s) Family Room3: Yes
  • FlrWdw Coverings Carpet: Yes
  • Roof:Tile2: Yes
  • View Other27: Yes
  • Appliances Included Central Vac2: Yes
  • Appliances Included Elect Stove2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Central Vac, Disposal, Elect Stove
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Family Room

Exterior Features

  • Roof: Tile
  • View: Other
  • Construction Type: Stucco
  • Topography: Level
  • Foundation Details: Slab

Garage/Parking

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

Condo/Co-op/Association

  • Community Features: Sidewalks

Schools

  • Elementary School: See Remarks
  • High School: See Remarks
  • Middle Or Junior School: See Remarks

Lot Info

  • Parcel #: 188-0-054-145
  • Zoning: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2021
Sold by
Ho Derek L and Candiotti Gail M
Bought by
Ho Derek L and Candiotti Gail M
Current Estimated Value
$2,551,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,000
Outstanding Balance
$580,184
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$1,912,011

Purchase Details

Listed on
Jun 22, 2018
Closed on
Jul 12, 2018
Sold by
Wood Robin S and The Wood Trust
Bought by
Ho Derek L and Candiotti Gail M
Seller's Agent
Gary Schoeffler
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$150,000
Sold Price
$1,465,000
Premium/Discount to List
$1,315,000
876.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.74%
Original Mortgage
$659,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2009
Sold by
Sandomer Mildred
Bought by
Sandomer Mildred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.17%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 12, 1994
Sold by
Bruck Frank L and Bruck Norma A
Bought by
Sandomer Mildred
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ho Derek L -- Accommodation
Derek L Ho And Gail M Candotti Living Trust -- Accommodation/Courtesy Recordi
Ho Derek L -- Accommodation/Courtesy Recordi
Ho Derek L $1,465,000 Fidelity National Title
Sandomer Mildred -- First American Title Company
Sandomer Mildred $625,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ho Derek L $628,000
Closed Ho Derek L $628,000
Previous Owner Ho Derek L $659,250
Previous Owner Sandomer Mildred $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2018 08/03/18 Sold $1,465,000 +876.7% $405 / Sq Ft
08/03/2018 08/03/18 Pending -- -- --
06/21/2018 06/21/18 For Sale $150,000 -- $41 / 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 $20,371 $1,634,232 $1,062,531 $571,701
2024 $20,371 $1,602,189 $1,041,697 $560,492
2023 $19,648 $1,570,774 $1,021,272 $549,502
2022 $19,073 $1,539,975 $1,001,247 $538,728
2021 $18,926 $1,509,780 $981,615 $528,165
2020 $19,268 $1,494,300 $971,550 $522,750
2019 $18,741 $1,465,000 $952,500 $512,500
2018 $12,031 $922,631 $516,678 $405,953
2017 $11,446 $904,542 $506,548 $397,994
2016 $11,065 $886,807 $496,616 $390,191
2015 $11,175 $873,488 $489,157 $384,331
2014 $11,057 $856,379 $479,576 $376,803
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 18-2268

Santa Barbara Multiple Listing Service

APN: 188-0-054-145