NOT LISTED FOR SALE

Estimated Value: $4,393,000 - $7,607,000

6 Beds
5.5 Baths
5,040 Sq Ft
$1,189/Sq Ft Est. Value

Last Sold December 31, 2017

Last sale price $2,493,500 $495 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $35,080/month

124 Days on Market

Highlights

  • Property is near an ocean
  • 5 Acre Lot
  • Fireplace in Primary Bedroom
  • Vieja Valley Elementary School Rated A
  • Maid or Guest Quarters
  • Deck

About This Home

As of December 2017

Set in the coveted Hope Ranch community, this 5 acre estate is an unprecedented opportunity for the discerning buyer. With over 5,000 SQFT, this residence offers several entertaining areas, filled with natural light, as well as a sumptuous first floor master suite, 5 guest bedrooms and a library or office with its own entrance. Captivating verandas overlook the waterfalls cascading into the pond, the sprawling lush lawns and the meandering paths throughout this tranquil oasis. Exemplifying the upmost privacy, with access to miles of riding trails and private beach access, this estate will not disappoint!

Last Agent to Sell the Property

Christina Chackel

Village Properties License #01949445 Listed on: 09/28/2017

Last Buyer's Agent

Sharon Wilson

Village Properties - 1 License #00949207

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,809

Year Built

  • Built in 1979

Lot Details

  • 5 Acre Lot
  • Hilly Lot
  • Lawn
  • Property is in excellent condition

Home Design

  • Tudor Architecture
  • Stucco

Interior Spaces

  • 5,040 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Double Pane Windows
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Library
  • Park or Greenbelt Views

Kitchen

  • Double Oven
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • Uncovered Parking

Outdoor Features

  • Property is near an ocean
  • Deck
  • Covered Patio or Porch

Location

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

Schools

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

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • Well
  • Septic System

Community Details

  • Property has a Home Owners Association
  • Security Guard

Listing and Financial Details

  • Assessor Parcel Number 063-010-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,809

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Directions: Take Las Palmas to Via Esperanza through to Via Vistosa. The property is on left.
  • Prop. Type: Residential
  • Year Built: 1979
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Gas Hookup, Laundry Room
  • ResoLotFeatures: Near Public Transit
  • ResoSecurityFeatures: Patrol, Security System, Smoke Detector(s)
  • Reso Association Amenities: Other
  • Architectural Style: Tudor
  • Reso Flooring: Wood, Carpet, Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1979
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 5.0
  • NeighborhoodSchools Elementary School: Vieja Valley
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: San Marcos
  • LocationTopo Hilly2: Yes
  • Site Improvements Underground Util: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Gas Range2: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Office3: Yes
  • Amenities Guest Quarters2: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • WaterSewer Pvt Well In: Yes
  • Proximity Near Bus: Yes
  • WaterSewer Septic In: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Deck3: Yes
  • View Green Belt2: Yes
  • Laundry Gas Hookup2: Yes
  • FlrWdw Coverings Wood2: Yes
  • Property Information Apx Lot Size FxD: 217,800
  • Proximity Near Hospital2: Yes
  • Pets Yes: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Rooms LbryStudy: Yes
  • ParkingGarage Unc #33: Yes
  • WaterSewer Meter In: Yes
  • Security Patrol2: Yes
  • Style Tudor2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Dishwasher, Disposal, Double Oven
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Primary Bedroom, Family Room, Other, LR
  • Appliances Included:Double Oven2: Yes

Exterior Features

  • Roof: Other
  • View: Setting, Green Belt
  • Construction Type: Stucco
  • Acres: 5.0
  • Topography: Hilly
  • Exterior Features: Other, Deck, Patio Open, Patio Covered, Lawn
  • Foundation Details: Mixed

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #2, Unc #3, Attached

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Utilities: Underground Util
  • Water Source: Meter In, Private, La Cumb Wtr
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

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

Schools

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

Lot Info

  • Parcel #: 063-010-016
  • Zoning: R-1
  • Lot Size Sq Ft: 217800.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2021
Sold by
Wilson Brett and Wilson Monica
Bought by
Wilson Brett and Wilson Monica N
Current Estimated Value
$5,993,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,921,700
Outstanding Balance
$1,726,577
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$4,004,376

Purchase Details

Listed on
Sep 28, 2017
Closed on
Dec 21, 2017
Sold by
Silverman Joel M
Bought by
Wilson Ii Brett and Wilson Monica N
Seller's Agent
Christina Chackel
Village Properties
Buyer's Agent
Sharon Wilson
Village Properties - 1
List Price
$2,995,000
Sold Price
$2,493,500
Premium/Discount to List
-$501,500
-16.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.44%
Original Mortgage
$1,994,800
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2011
Sold by
Silverman Joel and Silverman Eileen Marty
Bought by
Silverman Joel M and Silverman Eileen Marty Martin

Purchase Details

Closed on
Dec 22, 2004
Sold by
Silverman Joel
Bought by
Silverman Joel and Silverman Eileen Marty

Purchase Details

Closed on
Apr 13, 1998
Sold by
Silverman Eileen Martin
Bought by
Silverman Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
7.07%

Purchase Details

Closed on
Dec 28, 1995
Sold by
Dedon Robert
Bought by
Silverman Joel
Source: Public Records

Range of Values:

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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
Wilson Brett -- Chicago Title Company
Wilson Ii Brett $2,493,500 First American Title Co
Silverman Joel M -- None Available
Silverman Joel -- --
Silverman Joel -- First American Title
Silverman Joel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Brett $1,921,700
Closed Wilson Brett $1,949,000
Closed Wilson Ii Brett $1,994,800
Previous Owner Silverman Joel M $930,000
Previous Owner Silverman Joel $2,500,000
Previous Owner Silverman Joel $1,000,000
Previous Owner Silverman Joel $1,000,000
Previous Owner Silverman Joel $1,000,000
Previous Owner Silverman Joel $430,000
Previous Owner Silverman Joel $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2017 12/31/17 Sold $2,493,500 -16.7% $495 / Sq Ft
11/28/2017 11/28/17 Pending -- -- --
07/27/2017 07/27/17 For Sale $2,995,000 -- $594 / 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 $29,809 $2,837,172 $1,820,524 $1,016,648
2023 $29,809 $2,727,003 $1,749,832 $977,171
2022 $28,758 $2,673,533 $1,715,522 $958,011
2021 $27,719 $2,621,112 $1,681,885 $939,227
2020 $27,424 $2,594,237 $1,664,640 $929,597
2019 $26,609 $2,543,370 $1,632,000 $911,370
2018 $26,101 $2,493,500 $1,600,000 $893,500
2017 $12,203 $1,160,039 $403,732 $756,307
2016 $11,916 $1,137,294 $395,816 $741,478
2014 $11,604 $1,098,269 $382,234 $716,035
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 17-2563

Santa Barbara Multiple Listing Service

APN: 063-010-016