NOT LISTED FOR SALE

Estimated Value: $5,769,301

0.31 Acre
$18,610,648 Price per Acre
13,504 Sq Ft Lot

Last Sold April 23, 2021

Last sale price $2,000,000 $148 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $35,711/month

279 Days on Market

Highlights

  • Ocean View
  • Property is near an ocean
  • Property is near public transit

About This Lot

As of April 2021

Extraordinary opportunity for a builder/developer. Approved development permit with approved building plans for four (4) 2200 sq. ft. # 3 bedroom luxury town homes over looking the Carpinteria Salt marsh with views of the ocean. Each unit has a attached 2 car garage, view decks, private patios/yards. This is a rare opportunity to build in the coveted beach town of Carpinteria where building permits take years to obtain!

Last Agent to Sell the Property

Carolyn Wood-Friedman

Sotheby's International Realty Listed on: 04/11/2020

Last Buyer's Agent

Tracy Simerly

Village Properties - 1

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $62,924

Lot Details

  • 0.31 Acre Lot
  • Property is zoned PRD

Location

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

Schools

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

Additional Features

  • Ocean Views
  • Property is near an ocean

Listing and Financial Details

  • Assessor Parcel Number 003-212-030

Property Details

Property Type

Land

Est. Annual Taxes

$62,924

Lot Details

0

Listing Details

  • Directions: Take Carpinteria Ave. off ramp from the 101. parcel is on your right side of street. Property is a old tennis court and parking area
  • Prop. Type: Land
  • Reso Property Sub Type: Residential/SFR
  • ResoLotFeatures: Near Public Transit
  • Property Information Apx # Acres: 0.31
  • NeighborhoodSchools Elementary School: Aliso
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • Proximity Near Ocean2: Yes
  • Proximity Near School(s)2: Yes
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 13504.0
  • Proximity Near Bus: Yes
  • ViewOcean: Yes
  • View Setting3: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Ocean, Setting
  • Acres: 0.31

Condo/Co-op/Association

  • Community Features: Other

Schools

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

Lot Info

  • Parcel #: 003-212-030
  • Zoning: PRD
  • Lot Size Sq Ft: 13504.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2020
Closed on
Mar 22, 2021
Sold by
Masters Amanda
Bought by
Klentner Justin
Seller's Agent
Carolyn Wood-Friedman
Sotheby's International Realty
Buyer's Agent
Tracy Simerly
Village Properties - 1
List Price
$3,250,000
Sold Price
$2,000,000
Premium/Discount to List
-$1,250,000
-38.46%
Current Estimated Value
$5,769,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,769,301
Avg. Annual Appreciation
21.04%
Original Mortgage
$2,140,000
Interest Rate
3.1%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 3, 2021
Sold by
Normans Nursery Inc and F L Normans Nursery Company
Bought by
Klentner Justin
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
Klentner Justin -- First American Title
Klentner Justin $2,000,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klentner Justin $2,140,000
Closed Klentner Justin $2,140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2021 04/23/21 Sold $2,000,000 -38.5% $148 / Sq Ft
01/15/2021 01/15/21 Pending -- -- --
04/11/2020 04/11/20 For Sale $3,250,000 -- $241 / 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 $62,924 $5,806,264 $2,331,328 $3,474,936
2023 $62,924 $5,580,800 $2,240,800 $3,340,000
2022 $31,529 $2,990,000 $2,200,000 $790,000
2021 $605 $47,504 $21,536 $25,968
2020 $599 $47,018 $21,316 $25,702
2019 $588 $46,098 $20,899 $25,199
2018 $578 $45,195 $20,490 $24,705
2017 $567 $44,310 $20,089 $24,221
2016 $558 $43,443 $19,696 $23,747
2014 $523 $41,954 $19,021 $22,933
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-1309

Santa Barbara Multiple Listing Service

APN: 003-212-030