NOT LISTED FOR SALE

Estimated Value: $6,583,000 - $8,110,466

2.5 Acres
$2,860,847 Price per Acre
108,900 Sq Ft Lot

Last Sold July 03, 2018

Last sale price $1,895,000

Est. 277% increase in value since last sale

Current estimated payment $43,449/month

5 Days on Market

Highlights

  • 2.5 Acre Lot
  • Vieja Valley Elementary School Rated A
  • Level Lot

About This Lot

As of July 2018

Mariposa Lane lies in the heart of some of Hope Ranch's most coveted estates. This exceedingly rare and useable 2.5-acre parcel is an ideal site for an array of architectural tastes. Set ideally between the sea and the mountains this exquisite parcel celebrates the convenience of a close-in location while remaining quiet and serene with an air of privacy. At one end of the property, sunlight streams through the filter of a glorious grove of mature oak trees, which provides natural shade and solitude. Hope Ranch residents of this beautiful neighborhood enjoy access to a private beach and miles of equestrian trails.
Delight in the natural beauty that encircles this partially entitled lot presenting the opportunity create a home tailored to your unique taste, lifestyle, and desired amenitie

Last Agent to Sell the Property

Jim Scarborough

Berkshire Hathaway HomeServices California Properties License #01182792 Listed on: 05/30/2018

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Adrienne Schuele

Village Properties - 1

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $57,373

Lot Details

  • 2.5 Acre Lot
  • Level Lot

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 063-173-001

Property Details

Property Type

Land

Est. Annual Taxes

$57,373

Lot Details

0

Listing Details

  • Directions: Las Palmas, left on Lago, Rt on Estrella, Rt on Llano, Left on Mariposa
  • Prop. Type: Land
  • Reso Property Sub Type: Residential/SFR
  • ResoLotFeatures: Level
  • Property Information Apx # Acres: 2.5
  • NeighborhoodSchools Elementary School: Vieja Valley
  • NeighborhoodSchools Junior High School: LaColina
  • NeighborhoodSchools High School: San Marcos
  • LocationTopo Level: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 2.5
  • Topography: Level

Schools

  • Elementary School: Vieja Valley
  • High School: San Marcos
  • Middle Or Junior School: LaColina

Lot Info

  • Parcel #: 063-173-001
  • Zoning: Other
  • Lot Size Sq Ft: 108900.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2018
Closed on
Jun 26, 2018
Sold by
H & L 4290 Llc
Bought by
Niehaus Robert D and Niehaus Margaret L
Seller's Agent
Jim Scarborough
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Adrienne Schuele
Village Properties - 1
List Price
$1,895,000
Sold Price
$1,895,000
Current Estimated Value
$7,152,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,257,117
Avg. Annual Appreciation
20.55%
Original Mortgage
$1,326,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2015
Sold by
Little Larry Llc
Bought by
H & L 4290 Llc

Purchase Details

Closed on
Oct 23, 2014
Sold by
Metzner Marilyn M
Bought by
Little Larry Llc
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
Niehaus Robert D $1,895,000 First American Title Co
H & L 4290 Llc $884,500 Fidelity National Title
Little Larry Llc $800,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Niehaus Robert D $3,750,000
Closed Niehaus Roberg D $1,326,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2018 07/03/18 Sold $1,895,000 0.0% --
06/04/2018 06/04/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $1,895,000 -- --
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 $57,373 $5,469,444 $2,168,027 $3,301,417
2023 $57,373 $5,257,061 $2,083,841 $3,173,220
2022 $55,368 $5,153,982 $2,042,982 $3,111,000
2021 $35,229 $3,330,924 $2,012,924 $1,318,000
2020 $20,468 $1,932,900 $1,932,900 $0
2019 $19,861 $1,895,000 $1,895,000 $0
2018 $9,689 $920,029 $920,029 $0
2017 $9,450 $901,990 $901,990 $0
2016 $9,237 $884,304 $884,304 $0
2015 $8,399 $800,000 $800,000 $0
2014 $15,550 $1,480,000 $1,480,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 18-1967

Santa Barbara Multiple Listing Service

APN: 063-173-001