NOT LISTED FOR SALE

Estimated Value: $6,002,000 - $8,713,051

5 Beds
5 Baths
6,194 Sq Ft
$1,169/Sq Ft Est. Value

Last Sold September 14, 2017

Last sale price $3,000,000 $484 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $41,985/month

145 Days on Market

Highlights

  • Guest House
  • Horse Facilities
  • Spa
  • Vieja Valley Elementary School Rated A
  • Stables
  • Updated Kitchen

About This Home

As of September 2017

Private and pastoral property in the heart of Hope Ranch on 2.67 acres. Tucked down a lane from the main road, this single-story Mediterranean home with 5 bedrooms and 5 baths has a guest suite with its own entrance. Large rooms provide gracious living spaces and an excellent floorplan. Thick walls, beautiful carved beams, and vaulted ceilings grace many of the rooms. The grand family room, with whimsical bar, opens to a covered arcade to the patio with mountain views. The charming south facing guest house with an inviting front covered patio is on a knoll to the south of the main house. The horse barn, ranch office and 3 corrals are at the base of the knoll. Huge estate potential. The property has expansive vistas of the mountains and the surrounding hills, yet it is very private and feels like it is on much more acreage. Think the Santa Ynez Valley with all the convenience and amenities of coastal living in Santa Barbara.

Last Agent to Sell the Property

Joanne Tacconelli

Coldwell Banker Realty Listed on: 08/14/2017

Last Buyer's Agent

Gary Goldberg

Coastal Properties License #01172139

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,829

Year Built

  • Built in 1969

Lot Details

  • 2.67 Acre Lot
  • Back Yard Fenced
  • Lot Has A Rolling Slope
  • Fruit Trees
  • Lawn
  • Property is in good condition

Parking

  • Attached Garage

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 6,194 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Skylights
  • Double Pane Windows
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Library
  • Home Gym
  • Mountain Views
  • Monitored

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Double Oven
  • Electric Range
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Parquet
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom
  • Maid or Guest Quarters
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Covered patio or porch
  • Gazebo
  • Shed
  • Built-In Barbecue

Additional Homes

  • Guest House

Schools

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

Horse Facilities and Amenities

  • Paddocks
  • Stables

Utilities

  • No Cooling
  • Forced Air Heating System
  • Water Softener is Owned
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 063-032-006

Community Details

Overview

  • 25 Hope Ranch Subdivision

Recreation

  • Horse Facilities
  • Horses Allowed in Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,829

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Directions: Las Palmas to Via Esperanza. Turn right, in about 1/4 mile turn left on lane off of Via Esperanza. If you pass Via Hierba, you have gone too far.
  • Prop. Type: Residential
  • Year Built: 1969
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Rolling Slope
  • ResoSecurityFeatures: Monitored, Security System
  • Subdivision Name: 25 - Hope Ranch
  • Architectural Style: Medit
  • Reso Flooring: Carpet, Parquet, Tile
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Other Structures: Shed(s), Stable(s), Paddock
  • Reso Property Condition: Good
  • Property Information Year Built2: 1969
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 2.67
  • NeighborhoodSchools Elementary School: Vieja Valley
  • NeighborhoodSchools Junior High School: LaColina
  • NeighborhoodSchools High School: San Marcos
  • View Mountain(s)2: Yes
  • LocationTopo Rolly2: Yes
  • Property Information Within City Limits: No
  • Construction Single Story2: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Breakfast Bar2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • FlrWdw Coverings Tile3: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • Rooms Exercise Room2: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Amenities Guest House2: Yes
  • Amenities Guest Quarters2: Yes
  • Amenities Wet Bar2: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Condition Good2: Yes
  • WaterSewer Septic In: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Horse Facility2: Yes
  • Other Buildings Shed: Yes
  • Other Buildings Stable2: Yes
  • Other Buildings Paddock2: Yes
  • Amenities Horses2: Yes
  • GroundsLandscaping Fenced BCK: Yes
  • Appliances Included Electric Range2: Yes
  • Site Improvements Cable TV3: Yes
  • Appliances Included OvenBltin: Yes
  • Appliances Included Wtr SoftenerOwned: Yes
  • Style Medit2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Rooms LbryStudy: Yes
  • FlrWdw Coverings Parquet2: Yes
  • GroundsLandscaping Gazebo2: Yes
  • Security Monitored2: Yes
  • Cooling None8: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Trash Compactor, Refrigerator, Electric Range, Oven/Bltin, Dishwasher, Disposal, Double Oven, Dryer, Washer, Wtr Softener/Owned
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Primary Bedroom, Family Room, LR
  • Appliances Included:Double Oven2: Yes
  • Appliances Included:Trash Compactor2: Yes

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Setting
  • Construction Type: Stucco
  • Acres: 2.67
  • Topography: Rolly
  • Exterior Features: Patio Covered, SPA-Outside, Gazebo, Horse Facility, Lawn, Fruit Trees, Fenced: BCK
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #2, Attached

Utilities

  • Cooling: None
  • Heating: Forced Air
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Source: La Cumb Wtr
  • Heating:Forced Air: Yes

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

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

Lot Info

  • Parcel #: 063-032-006
  • Zoning: Other
  • Lot Size Sq Ft: 116305.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2020
Sold by
Engel Adam and Anter Engel Talya
Bought by
Engel Adam Joel and Anter Engel Talya
Current Estimated Value
$7,061,402

Purchase Details

Listed on
Aug 14, 2017
Closed on
Aug 30, 2017
Sold by
Hayward Thomas Z
Bought by
Engel Adam and Anter Engel Talya
Seller's Agent
Joanne Tacconelli
Coldwell Banker Realty
Buyer's Agent
Gary Goldberg
Coastal Properties
List Price
$3,995,000
Sold Price
$3,000,000
Premium/Discount to List
-$995,000
-24.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.80%
Original Mortgage
$2,400,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 4, 2001
Sold by
Povah Eleanor H
Bought by
Povah Eleanor H
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
Engel Adam Joel -- None Available
Engel Adam $3,000,000 Chicago Title Company
Povah Eleanor H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Engel Adam $2,400,000
Closed Engel Adam $2,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2017 09/14/17 Sold $3,000,000 0.0% $484 / Sq Ft
09/14/2017 09/14/17 Sold $3,000,000 -24.9% $484 / Sq Ft
08/15/2017 08/15/17 Pending -- -- --
08/15/2017 08/15/17 Pending -- -- --
03/23/2017 03/23/17 For Sale $3,995,000 -15.0% $645 / Sq Ft
04/21/2016 04/21/16 For Sale $4,700,000 -- $759 / 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 $35,829 $3,413,485 $1,422,285 $1,991,200
2023 $35,829 $3,280,937 $1,367,057 $1,913,880
2022 $34,567 $3,216,605 $1,340,252 $1,876,353
2021 $33,319 $3,153,535 $1,313,973 $1,839,562
2020 $32,965 $3,121,200 $1,300,500 $1,820,700
2019 $31,984 $3,060,000 $1,275,000 $1,785,000
2018 $31,357 $3,000,000 $1,250,000 $1,750,000
2017 $9,716 $923,687 $105,603 $818,084
2016 $9,496 $905,577 $103,533 $802,044
2014 $9,175 $874,504 $99,981 $774,523
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 17-951

Santa Barbara Multiple Listing Service

APN: 063-032-006