Seller's Agent in 2018
Robert Riskin
Village Properties
(805) 698-0199
10 in this area
208 Total Sales
4230 Cresta Ave Santa Barbara, CA 93110
Hope Ranch NeighborhoodEstimated Value: $8,838,000
5
Beds
9
Baths
5,189
Sq Ft
$1,703/Sq Ft
Est. Value
Highlights
- Ocean View
- Guest House
- Pool House
- Vieja Valley Elementary School Rated A
- Tennis Courts
- Property is near an ocean
About This Home
As of August 2018Experience staggering ocean and mountain views from this near new stunning estate on 4.8 private acres. Never before on the market! Amenities include main house with 4 bd/6 ba (approx 5200 sq ft), 800 sq ft 1 bd/1ba guest house with an attached 800 sq ft gym + ba, sports court, pool cabana + ba overlooking lush lawns, and views. A 2,000+ sq ft eight-car garage with workshop, wine cellar, and humidor~ the ultimate playground for a collector. A truly spectacular estate.
Last Agent to Sell the Property
Village Properties License #01815307 / 01447045 / 01954177 / 01951069 Listed on: 07/12/2017
Last Buyer's Agent
Berkshire Hathaway HomeServices California Properties License #01903215 / 00826530
Home Details
Home Type
- Single Family
Year Built
- Built in 2013
Lot Details
- 4.81 Acre Lot
- Gated Home
- Level Lot
- Irrigation
- Fruit Trees
- Lawn
- Property is in excellent condition
HOA Fees
- $1,952 Monthly HOA Fees
Parking
- 10 Car Direct Access Garage
Property Views
- Ocean
- Panoramic
- Mountain
Home Design
- Mediterranean Architecture
- Raised Foundation
- Tile Roof
- Stucco
Interior Spaces
- 5,189 Sq Ft Home
- 2-Story Property
- Multiple Fireplaces
- Family Room with Fireplace
- Living Room with Fireplace
- Dining Room with Fireplace
- Formal Dining Room
- Home Office
- Home Gym
Kitchen
- Breakfast Area or Nook
- Double Oven
- Stove
- Gas Range
- Microwave
- Dishwasher
- Disposal
- Reverse Osmosis System
Flooring
- Wood
- Radiant Floor
- Stone
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Fireplace in Primary Bedroom
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Home Security System
- Fire and Smoke Detector
Pool
- Pool House
- Spa
- Outdoor Pool
Outdoor Features
- Property is near an ocean
- Tennis Courts
- Fireplace in Patio
- Patio
- Built-In Barbecue
Schools
- Vieja Valley Elementary School
- Lacolina Middle School
- San Marcos High School
Utilities
- Forced Air Heating and Cooling System
- Water Softener is Owned
- Septic System
Additional Features
- Guest House
- Property is near schools
Listing and Financial Details
- Exclusions: Potted Plants, Chandelier
- Assessor Parcel Number 063-131-007
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 27, 2022
Sold by
Milton Robert A and Milton Elizabeth A
Bought by
Milton Family Trust
Current Estimated Value
Purchase Details
Listed on
Jul 12, 2017
Closed on
Aug 21, 2018
Sold by
Koke Rene and Koke Marisa L
Bought by
Milton Robert A and Milton Elizabneth A
Seller's Agent
Robert Riskin
Village Properties
Buyer's Agent
Ashley Anderson & Paul Hurst
Berkshire Hathaway HomeServices California Properties
List Price
$16,500,000
Sold Price
$13,600,000
Premium/Discount to List
-$2,900,000
-17.58%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.65%
Purchase Details
Closed on
Jul 24, 2012
Sold by
Koke Rene and Koke Marisa L
Bought by
Koke Rene and Koke Marisa L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
3.65%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 22, 2005
Sold by
Koke Rene and Koke Marisa
Bought by
Koke Rene and Koke Marisa L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
5.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 25, 2004
Sold by
Dahlen Monica and Dahlen Gregory A
Bought by
Koke Rene and Koke Marisa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.12%
Mortgage Type
Unknown
Purchase Details
Closed on
Jun 1, 2000
Sold by
Dahlen Gregory A
Bought by
Dahlen Monica and Dahlen Gregory A
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Milton Family Trust | -- | Loeb & Loeb Llp | |
| Milton Robert A | $13,600,000 | Chicago Title Co | |
| Koke Rene | -- | Chicago Title Company | |
| Koke Rene | -- | Chicago Title Company | |
| Koke Rene | $5,035,000 | Fidelity National Title Co | |
| Dahlen Monica | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Koke Rene | $5,000,000 | |
| Previous Owner | Koke Rene | $3,000,000 | |
| Previous Owner | Koke Rene | $1,000,000 | |
| Closed | Koke Rene | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/30/2018 08/30/18 | Sold | $13,600,000 | -17.6% | $2,621 / Sq Ft |
| 05/29/2018 05/29/18 | Pending | -- | -- | -- |
| 07/12/2017 07/12/17 | For Sale | $16,500,000 | -- | $3,180 / Sq Ft |
Source: Santa Barbara Multiple Listing Service
Tax History Compared to Growth
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 | $161,846 | $15,433,642 | $10,039,670 | $5,393,972 |
| 2023 | $161,846 | $14,834,336 | $9,649,818 | $5,184,518 |
| 2022 | $156,153 | $14,543,467 | $9,460,606 | $5,082,861 |
| 2021 | $150,073 | $14,215,713 | $9,275,104 | $4,940,609 |
| 2020 | $146,393 | $13,872,000 | $9,180,000 | $4,692,000 |
| 2019 | $142,033 | $13,600,000 | $9,000,000 | $4,600,000 |
| 2018 | $79,651 | $7,627,793 | $4,716,512 | $2,911,281 |
| 2017 | $78,246 | $7,478,230 | $4,624,032 | $2,854,198 |
| 2016 | $76,155 | $7,331,599 | $4,533,365 | $2,798,234 |
| 2014 | $74,156 | $7,080,014 | $4,377,802 | $2,702,212 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Riskin
-
Ashley Anderson & Paul Hurst
Buyer's Agent in 2018
Ashley Anderson & Paul Hurst
Berkshire Hathaway HomeServices California Properties
(805) 618-8747
59 Total Sales
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 17-2349
APN: 063-131-007
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