$1,710,000
SOLD JUN 23, 2015
4 Beds
2.5 Baths
3,025 Sq Ft
1 Acres

Recently Sold

$565 Per Sq Ft

20% Below List Price

118 Days on Market

Highlights

  • Ocean View
  • Multiple Fireplaces
  • Spanish Architecture
  • Fruit Trees
  • Cathedral Ceiling
  • Lawn

About This Home

As of April 2016

Monterey Spanish Colonial home. Located on a creek-side acre. This 4 bedroom 2.5 bath home exudes ambiance with a tile roof, ornate colorful tiled entry and water fountain. The living room has a high beamed ceiling, fireplace, & bookcases. There are French doors in the living, dining, and family room that has a fireplace. There is a breakfast room, bonus office, & sitting room off the master.

Last Agent to Sell the Property

JoAnn Mermis &

Berkshire Hathaway HomeServices California Properties License #00891742 01173714 Listed on: 02/04/2015

Last Buyer's Agent

JoAnn Mermis &

Berkshire Hathaway HomeServices California Properties License #00891742 01173714 Listed on: 02/04/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,011

Year Built

  • Built in 1989

Lot Details

  • 1 Acre Lot
  • Partially Fenced Property
  • Irrigation
  • Fruit Trees
  • Wooded Lot
  • Lawn
  • Property is in excellent condition
  • Property is zoned E-1

Parking

  • Garage

Property Views

  • Ocean
  • Mountain

Home Design

  • Spanish Architecture
  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,025 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Multiple Fireplaces
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Library
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Double Oven
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry in Garage
  • 220 Volts In Laundry
  • Gas Dryer Hookup

Schools

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

Utilities

  • Forced Air Heating System
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 155-140-059

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,011

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Directions: East on East Valley and continue onto Toro Canyon going East past Toro Canyon Park. Property has a shared driveway with one other home. The driveway off of Toro is a short driveway.
  • Prop. Type: Residential
  • Year Built: 1989
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: 220V Elect, Gas Hookup, In Garage
  • ResoSecurityFeatures: Smoke Detector(s)
  • Subdivision Name: Other
  • Architectural Style: Medit, Spanish
  • Reso Flooring: Carpet, Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1989
  • 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 Mountain(s)2: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • Rooms Family Room4: Yes
  • Dining Breakfast Bar2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Gas Range2: Yes
  • Fireplace(s) LR: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Construction Two Story2: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Fireplace(s) Family Room3: Yes
  • WaterSewer Pvt Well In: Yes
  • Property Information Apx Lot SqFt: 45302.0
  • GroundsLandscaping Wooded4: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • Fireplace(s):_two_3: Yes
  • WaterSewer Septic In: Yes
  • FlrWdw Coverings Carpet: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • ViewOcean: Yes
  • Laundry In Garage2: Yes
  • Laundry:_two_20V Elect2: Yes
  • Laundry Gas Hookup2: Yes
  • Pets Yes: Yes
  • Style Medit2: Yes
  • Style Spanish2: Yes
  • Rooms LbryStudy: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Range, Dishwasher, Disposal, Double Oven
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, 2, LR
  • Appliances Included:Double Oven2: Yes

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Ocean
  • Construction Type: Stucco
  • Acres: 1.0
  • Exterior Features: Lawn, Fruit Trees, Wooded, Yard Irrigation PRT, Fenced: PRT
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Private
  • Heating:Forced Air: Yes

Association/Amenities

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

Schools

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

Lot Info

  • Parcel #: 155-140-059
  • Zoning: E-1
  • Lot Size Sq Ft: 45302.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2017
Sold by
Freed David and Freed Elizabeth A
Bought by
Freed David Justin and Freed Elizabeth Ann Bates
Current Estimated Value
$4,625,610

Purchase Details

Listed on
Mar 1, 2016
Closed on
Apr 14, 2016
Sold by
Demeter Jonathan David and Demeter Donna Coffey
Bought by
Freed David and Freed Elizabeth A
Seller's Agent
Bartron Real Est Group
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Edna Sizlo
Coldwell Banker Realty
List Price
$1,999,000
Sold Price
$1,979,000
Premium/Discount to List
-$20,000
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.74%
Original Mortgage
$1,910,000
Outstanding Balance
$1,525,574
Interest Rate
3.68%
Mortgage Type
Unknown
Estimated Equity
$2,813,446

Purchase Details

Listed on
Feb 4, 2015
Closed on
Jun 23, 2015
Sold by
Rose Laurel
Bought by
Demeter Jonathan David and De Donna
Seller's Agent
JoAnn Mermis &
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
JoAnn Mermis &
Berkshire Hathaway HomeServices California Properties
List Price
$2,150,000
Sold Price
$1,710,000
Premium/Discount to List
-$440,000
-20.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.25%
Original Mortgage
$1,197,000
Interest Rate
3.81%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 20, 2013
Sold by
Rose Laurel C
Bought by
Rose Laurel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,750
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2003
Sold by
Rose Laurel
Bought by
Rose Laurel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.81%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $1,979,000 Chicago Title Company
Grant Deed $1,710,000 Chicago Title Company
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Lsi Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 Future Advance Clause Open End Mortgage
Open $1,910,000 Unknown
Previous Owner $1,197,000 Seller Take Back
Previous Owner $328,750 New Conventional
Previous Owner $330,300 New Conventional
Previous Owner $359,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $446,132 Stand Alone First
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2016 04/20/16 Sold $1,979,000 -1.0% $654 / Sq Ft
03/20/2016 03/20/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $1,999,000 +16.9% $661 / Sq Ft
06/23/2015 06/23/15 Sold $1,710,000 -20.5% $565 / Sq Ft
06/01/2015 06/01/15 Pending -- -- --
02/03/2015 02/03/15 For Sale $2,150,000 -- $711 / 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 $10,011 $960,868 $325,726 $635,142
2023 $10,011 $923,559 $313,079 $610,480
2022 $9,740 $905,451 $306,941 $598,510
2021 $9,537 $887,698 $300,923 $586,775
2020 $9,444 $878,597 $297,838 $580,759
2019 $9,088 $861,371 $291,999 $569,372
2018 $8,851 $835,632 $286,274 $549,358
2017 $8,697 $819,248 $280,661 $538,587
2016 $18,516 $1,736,077 $812,200 $923,877
2015 $13,068 $1,224,737 $765,463 $459,274
2014 -- $1,200,747 $750,469 $450,278
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 15-372

Santa Barbara Multiple Listing Service

APN: 155-140-059