NOT LISTED FOR SALE

Estimated Value: $4,095,977 - $6,002,000

6 Beds
4.5 Baths
2,753 Sq Ft
$1,809/Sq Ft Est. Value

Last Sold March 29, 2019

Last sale price $2,948,000 $1,071 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $29,496/month

97 Days on Market

Highlights

  • Additional Residence on Property
  • Ocean View
  • 2 Acre Lot
  • Vieja Valley Elementary School Rated A
  • Property is near an ocean
  • Maid or Guest Quarters

About This Home

As of March 2019

Private, beautiful single-level compound on 2 acres in coveted Hope Ranch. Southern and western ocean/island views are unobstructed and there is plenty of potential for pool, horses, sports courts and more on this gently sloping parcel.
The Ranch style main house has 3 bedrooms, 2.5 baths, den, formal dining room, wood floors, and lots of glass and sliders to create indoor/outdoor living.
The detached guest house is 3 bedrooms, 2 baths, and also has views and plentiful windows and sliders to the south.
All very private, in nice condition with huge potential! Close to Hope Ranch beach.

Last Agent to Sell the Property

Suding Murphy

Compass License #00678264 / 01233441 / 02017526 Listed on: 11/07/2018

Co-Listed By

Sean McIver

Compass License #02017526

Last Buyer's Agent

Summer Knight

Sun Coast Real Estate License #01377264

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,541

Year Built

  • Built in 1971

Lot Details

  • 2 Acre Lot
  • Irrigation
  • Lawn
  • Property is in good condition
  • Property is zoned EX-1

Parking

  • Garage

Property Views

  • Ocean
  • Mountain
  • Park or Greenbelt

Home Design

  • Ranch Style House
  • Slab Foundation
  • Tile Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,753 Sq Ft Home
  • Cathedral Ceiling
  • Multiple Fireplaces
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Library

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Maid or Guest Quarters

Outdoor Features

  • Property is near an ocean
  • Covered Patio or Porch

Additional Homes

  • Additional Residence on Property

Location

  • Property is near a park
  • Property is near schools

Schools

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

Utilities

  • Forced Air Heating System
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 063-051-003

Community Details

Recreation

  • Tennis Courts
  • Community Playground

Additional Features

  • Property has a Home Owners Association
  • Laundry Facilities
  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,541

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Directions: Las Palmas to a right on Via Bendita, then right on Via Huerto. Left at 4645 Via Huerto and as you go up the driveway stay to your left.
  • Prop. Type: Residential
  • Year Built: 1971
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Common Area
  • Reso Association Amenities: Tennis Court(s), Play Area, Security
  • Co List Office Mls Id: COMPCA
  • Co List Office Phone: 805-253-7700
  • Architectural Style: Ranch
  • Reso Flooring: Wood, Tile
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1971
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 2.0
  • NeighborhoodSchools Elementary School: Vieja Valley
  • NeighborhoodSchools Junior High School: LaColina
  • NeighborhoodSchools High School: San Marcos
  • View Mountain(s)2: Yes
  • Property Information Within City Limits: No
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: 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
  • Rooms Ground Floor Bedroom2: Yes
  • Dining Dining Area2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Tile3: Yes
  • Property Information Main House SqFt: 2753.0
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Amenities Guest House2: Yes
  • Amenities Guest Quarters2: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Gas8: Yes
  • Condition Good2: Yes
  • Fireplace(s):_two_3: Yes
  • WaterSewer Septic In: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • Other Buildings Second Residence2: Yes
  • ViewOcean: Yes
  • View Green Belt2: Yes
  • Appliances Included Electric Range2: Yes
  • AssocPark Amenities Play Area: Yes
  • FlrWdw Coverings Wood2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Laundry Common Area2: Yes
  • Rooms LbryStudy: Yes
  • AssocPark Amenities Security: Yes
  • AssocPark Amenities Tennis Court(s)2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher, Disposal, Double Oven
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Family Room, 2, Gas, LR
  • Total Bedrooms: 13
  • Appliances Included:Double Oven2: Yes

Exterior Features

  • Roof: Composition, Tile
  • View: Mountain(s), Ocean, Setting, Green Belt
  • Construction Type: Stucco
  • Acres: 2.0
  • Exterior Features: Patio Open, Patio Covered, Lawn, Yard Irrigation PRT
  • Foundation Details: Slab

Garage/Parking

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

Utilities

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

Lot Info

  • Parcel #: 063-051-003
  • Zoning: EX-1
  • Lot Size Sq Ft: 87120.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2021
Sold by
Olson Robert L and Olson Leeann C
Bought by
Olson Robert L and Olson Leeann C
Current Estimated Value
$4,980,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,360,000
Outstanding Balance
$2,145,971
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,548,440

Purchase Details

Closed on
Jun 7, 2021
Sold by
Olson Robert L and Olson Leeann C
Bought by
Sorensen Shannon P and The Sorensen Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,360,000
Outstanding Balance
$2,145,971
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,548,440

Purchase Details

Closed on
Mar 9, 2021
Sold by
Sorensen Shannon P and Sorensen Trust
Bought by
Olson Robert L and Olson Leeann C

Purchase Details

Listed on
Nov 7, 2018
Closed on
Mar 27, 2019
Sold by
Jympm Connolly Llc
Bought by
Olson Robert L and Olson Leeann C
Seller's Agent
Suding Murphy
Compass
Buyer's Agent
Summer Knight
Sun Coast Real Estate
List Price
$3,200,000
Sold Price
$2,948,000
Premium/Discount to List
-$252,000
-7.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.47%
Original Mortgage
$2,358,000
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 2, 2018
Sold by
Connolly Maureen
Bought by
Jympm Connolly Llc

Purchase Details

Closed on
Jul 14, 2017
Sold by
Connolly Maureen
Bought by
Connolly Maureen and Connolly Mark

Purchase Details

Closed on
Mar 20, 2008
Sold by
Connolly Maureen
Bought by
Connolly Maureen

Purchase Details

Closed on
Feb 4, 2007
Sold by
Connolly Maureen
Bought by
Connolly Maureen

Purchase Details

Closed on
Nov 2, 1994
Sold by
Connolly Martin P and Connolly Maureen
Bought by
Connolly Martin Peter and Connolly Maureen
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
Olson Robert L -- Old Republic Title Company
Sorensen Shannon P -- Old Republic Title Company
Olson Robert L -- Old Republic Title Company
Olson Robert L $2,948,000 Chicago Title Company
Jympm Connolly Llc $2,050,100 Wfg National Title
Connolly Maureen -- None Available
Connolly Maureen -- None Available
Connolly Maureen -- None Available
Connolly Maureen -- None Available
Connolly Maureen -- None Available
Connolly Martin Peter -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Robert L $2,360,000
Previous Owner Olson Robert L $2,358,000
Previous Owner Connolly Maureen $100,000
Previous Owner Connolly Maureen $1,250,000
Previous Owner Connolly Maureen $1,600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2019 03/29/19 Sold $2,948,000 -7.9% $1,071 / Sq Ft
02/12/2019 02/12/19 Pending -- -- --
11/07/2018 11/07/18 For Sale $3,200,000 -- $1,162 / 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 $35,541 $3,386,465 $1,784,828 $1,601,637
2023 $35,541 $3,255,849 $1,715,522 $1,540,327
2022 $33,299 $3,098,873 $1,681,885 $1,416,988
2021 $32,097 $3,038,111 $1,648,907 $1,389,204
2020 $31,756 $3,006,960 $1,632,000 $1,374,960
2019 $30,884 $2,948,000 $1,600,000 $1,348,000
2018 $3,037 $285,969 $69,882 $216,087
2017 $2,907 $280,362 $68,512 $211,850
2016 $2,871 $274,866 $67,169 $207,697
2015 $2,840 $270,739 $66,161 $204,578
2014 $2,794 $265,436 $64,865 $200,571
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 18-4014

Santa Barbara Multiple Listing Service

APN: 063-051-003