NOT LISTED FOR SALE

Estimated Value: $2,426,000 - $2,995,000

3 Beds
2 Baths
1,248 Sq Ft
$2,115/Sq Ft Est. Value

Last Sold August 13, 2015

Last sale price $1,115,000 $893 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $15,495/month

93 Days on Market

Highlights

  • Ocean View
  • Foothills
  • Forced Air Heating System
  • Property is near an ocean
  • 1-Story Property
  • Carpet

About This Home

As of August 2015

Unobstructed 190 degree ocean views delight this special hillside property, perched above the Pacific off exclusive Toro Canyon Road. Located at the end of a shared, yet private driveway, this home has 3 bedrooms and 2 full baths. In the same family for many decades, this is one of the first opportunities to purchase a property located on the lower side of Toro Canyon w/ amazing views.

Last Agent to Sell the Property

Crysta Metzger

Coldwell Banker Realty Listed on: 03/30/2015

Last Buyer's Agent

Kathy Spieler

Pitts & Bachmann Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,659

Year Built

  • Built in 1983

Lot Details

  • 1 Acre Lot
  • Rural Setting
  • Steep Slope
  • Property is in good condition

Property Views

  • Ocean
  • Panoramic

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 1,248 Sq Ft Home
  • 1-Story Property
  • Dining Room with Fireplace
  • Carpet
  • Fire and Smoke Detector
  • Laundry in Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Summerland Elementary School
  • Carp. Jr. Middle School
  • Carp. Sr. High School

Additional Features

  • Property is near an ocean
  • Forced Air Heating System

Community Details

  • 05 Summerland Subdivision
  • Foothills

Listing and Financial Details

  • Assessor Parcel Number 155-140-049

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,659

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1983
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: In Kitchen
  • ResoLotFeatures: Steep Slope, Rural
  • ResoSecurityFeatures: Smoke Detector(s)
  • Subdivision Name: 05 - Summerland
  • Architectural Style: Other
  • Reso Flooring: Carpet
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1983
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.0
  • NeighborhoodSchools Elementary School: Summerland
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Panoramic2: Yes
  • Property Information Within City Limits: No
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Exterior:Stucco: Yes
  • Proximity Near Ocean2: Yes
  • Dining Dining Area2: Yes
  • Security Smoke Detector(s)2: Yes
  • Fireplace(s) Dining Room2: Yes
  • Property Information Apx Lot SqFt: 43560.0
  • Condition Good2: Yes
  • FlrWdw Coverings Carpet: Yes
  • ViewOcean: Yes
  • LocationTopo Steep2: Yes
  • LocationTopo Foothills2: Yes
  • Laundry In Kitchen3: Yes
  • LocationTopo Rural2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Dining Room

Exterior Features

  • Roof: Composition
  • View: Ocean, Panoramic
  • Construction Type: Stucco
  • Acres: 1.0
  • Topography: Rural, Foothills, Steep

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes

Schools

  • Elementary School: Summerland
  • High School: Carp. Sr.
  • Middle Or Junior School: Carp. Jr.

Lot Info

  • Parcel #: 155-140-049
  • Zoning: Other
  • Lot Size Sq Ft: 43560.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2015
Sold by
Sweet Lurline L
Bought by
Kvistad Family Trust
Current Estimated Value
$2,640,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$947,750
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2012
Sold by
Hall Lucy Ann
Bought by
Sweet Lurline L

Purchase Details

Closed on
Aug 6, 2007
Sold by
Hall Rosamond U
Bought by
Hall Lucy Ann

Purchase Details

Closed on
Jan 3, 2006
Sold by
Hall Rosamond U
Bought by
Hall Rosamond U
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
Kvistad Family Trust $1,115,000 Fidelity National Title Co
Sweet Lurline L -- None Available
Hall Lucy Ann $800,000 Chicago Title
Hall Rosamond U -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kvistad Gary Melvin $875,000
Closed Kvistad Gary Melvin $932,000
Previous Owner Kvistad Family Trust $947,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2015 08/13/15 Sold $1,115,000 -20.1% $893 / Sq Ft
07/01/2015 07/01/15 Pending -- -- --
03/30/2015 03/30/15 For Sale $1,395,000 -- $1,118 / 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 $13,659 $1,319,926 $1,065,414 $254,512
2023 $13,659 $1,268,674 $1,024,044 $244,630
2022 $13,257 $1,243,799 $1,003,965 $239,834
2021 $12,981 $1,219,412 $984,280 $235,132
2020 $12,853 $1,206,910 $974,188 $232,722
2019 $12,411 $1,183,246 $955,087 $228,159
2018 $12,245 $1,160,046 $936,360 $223,686
2017 $12,033 $1,137,300 $918,000 $219,300
2016 $11,824 $1,115,000 $900,000 $215,000
2015 $10,163 $947,764 $742,842 $204,922
2014 $9,556 $929,199 $728,291 $200,908
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 15-983

Santa Barbara Multiple Listing Service

APN: 155-140-049