NOT LISTED FOR SALE

485 Meadowlark Rd Santa Ynez, CA 93460

Estimated Value: $5,455,000 - $7,472,000

3 Beds
4.5 Baths
4,595 Sq Ft
$1,348/Sq Ft Est. Value

Last Sold September 13, 2017

Last sale price $3,965,000 $863 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $37,443/month

138 Days on Market

Highlights

  • Additional Residence on Property
  • Spa
  • Estate
  • Santa Ynez Elementary School Rated A-
  • Panoramic View
  • 5.26 Acre Lot

About This Home

As of September 2017

Situated in the prestigious Meadowlark Ranch and the Los Olivos AVA is one of the Valley's finest 5 acre estates. This stunning, Tuscan inspired vineyard estate is accessed by a single private road that winds past vineyards, grazing land, and the panorama of the SY Mountains.The warm & inviting home has 4 bdr 4 bths, an open floor plan, soaring ceilings, and views from every room. The eclectic, warm & comfortable interior style is combined with extensive outdoor living, a pool, spa, and bocce court.The private 2 bdr, 2 bath 2nd residence has its own vineyard and mountain views.All of this and only 30 minutes from Santa Barbara.The property is part of the prestigious Meadowlark Ranch with water service provided by private low cost wells.The boutique vineyard is producing its second vintage!

Last Agent to Sell the Property

Carey Kendall

Village Properties License #00753349 Listed on: 03/22/2017

Last Buyer's Agent

Allan S. Jones

Santa Ynez Valley Real Estate License #00984793

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,340

Year Built

  • Built in 2004

Lot Details

  • 5.26 Acre Lot
  • Level Lot
  • Lawn
  • Property is in excellent condition

Parking

  • Garage

Property Views

  • Panoramic
  • Mountain

Home Design

  • Estate
  • Mediterranean Architecture
  • Slab Foundation
  • Stucco

Interior Spaces

  • 4,595 Sq Ft Home
  • 1-Story Property
  • Multiple Fireplaces
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Breakfast Area or Nook
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Pool

  • Spa
  • Outdoor Pool

Outdoor Features

  • Patio
  • Built-In Barbecue

Additional Homes

  • Additional Residence on Property

Utilities

  • Private Water Source
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 141-300-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,340

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 2004
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level
  • Architectural Style: Medit, Estate
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Other Structures: Second Residence
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2004
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 5.26
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • LocationTopo Level: Yes
  • WaterSewer Pvt Wtr Sys: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Construction Single Story2: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • View Setting2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Fireplace(s) LR: Yes
  • Style Estate2: Yes
  • ParkingGarage Gar #33: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • Dining Breakfast Area2: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s):_two_3: Yes
  • WaterSewer Septic In: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • Other Buildings Second Residence2: Yes
  • Amenities Second Residence: Yes
  • Style Medit2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, 2, LR

Exterior Features

  • Roof: Other
  • View: Mountain(s), Setting, Panoramic
  • Construction Type: Stucco
  • Acres: 5.26
  • Topography: Level
  • Exterior Features: Pool, Patio Open, SPA-Outside, Lawn
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #3

Utilities

  • Water Source: Pvt Wtr Sys

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 141-300-025
  • Zoning: Other
  • Lot Size Sq Ft: 229125.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2017
Closed on
Aug 31, 2017
Sold by
Schipper Gregory A and Schipper Denise C
Bought by
Kruse Jordon L and Kruse Jacqueline Mcnally
Seller's Agent
Carey Kendall
Village Properties
Buyer's Agent
Allan S. Jones
Santa Ynez Valley Real Estate
List Price
$4,495,000
Sold Price
$3,965,000
Premium/Discount to List
-$530,000
-11.79%
Current Estimated Value
$6,193,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,228,801
Avg. Annual Appreciation
5.56%

Purchase Details

Listed on
Sep 15, 2011
Closed on
Jul 3, 2012
Sold by
Way Ronald and Way Trudy K
Bought by
Schipper Gregory A and Schipper Denise C
Seller's Agent
Carey Kendall
Village Properties
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$3,400,000
Sold Price
$2,675,000
Premium/Discount to List
-$725,000
-21.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.88%

Purchase Details

Closed on
Apr 5, 2006
Sold by
Way Ronald and Way Trudy
Bought by
Way Ronald and Way Trudy K

Purchase Details

Closed on
Dec 3, 2001
Sold by
Meadowlark Partners Llc
Bought by
Way Ronald and Way Trudy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,500
Interest Rate
6.12%

Purchase Details

Closed on
Mar 16, 2001
Sold by
Reiss W Randolph and Reiss Carolyn Defoe
Bought by
Meadowlark Partners Llc

Purchase Details

Closed on
Sep 7, 2000
Sold by
Percy Fam Tr 3/8/94 Percy John W & Catherine
Bought by
Reiss W Randolph and Reiss Carolyn Defoe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$730,000
Interest Rate
8.87%

Purchase Details

Closed on
Apr 13, 1999
Sold by
Percy John W
Bought by
Percy Catherine G

Purchase Details

Closed on
Mar 8, 1994
Sold by
Percy John W and Percy Catherine G
Bought by
Percy John W and Percy Catherine G
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
Kruse Jordon L $3,969,000 Chicago Title Company
Schipper Gregory A $2,675,000 First American Title Company
Way Ronald -- None Available
Way Ronald $1,050,000 First American Title
Meadowlark Partners Llc -- Chicago Title Co
Reiss W Randolph $730,000 Chicago Title Co
Percy Catherine G -- Chicago Title Co
Percy John W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kruse Jordon L $1,250,000
Previous Owner Way Ronald $500,000
Previous Owner Way Ronald $2,060,000
Previous Owner Way Ronald $2,000,000
Previous Owner Way Ronald $1,000,000
Previous Owner Way Ronald $1,596,000
Previous Owner Way Ronald $787,500
Previous Owner Reiss W Randolph $730,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2017 09/13/17 Sold $3,965,000 -11.8% $863 / Sq Ft
08/07/2017 08/07/17 Pending -- -- --
03/22/2017 03/22/17 For Sale $4,495,000 +68.0% $978 / Sq Ft
07/06/2012 07/06/12 Sold $2,675,000 -21.3% $582 / Sq Ft
06/01/2012 06/01/12 Pending -- -- --
09/15/2011 09/15/11 For Sale $3,400,000 -- $740 / 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 $44,340 $4,205,412 $1,137,827 $3,067,585
2023 $44,340 $4,042,113 $1,093,645 $2,948,468
2022 $42,814 $3,962,856 $1,072,201 $2,890,655
2021 $42,083 $3,885,154 $1,051,178 $2,833,976
2020 $41,513 $3,845,318 $1,040,400 $2,804,918
2019 $40,641 $3,769,920 $1,020,000 $2,749,920
2018 $39,931 $3,696,000 $1,000,000 $2,696,000
2017 $31,679 $2,916,442 $1,061,039 $1,855,403
2016 $30,607 $2,859,258 $1,040,235 $1,819,023
2014 $28,975 $2,761,144 $1,004,540 $1,756,604
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 17-927

Santa Barbara Multiple Listing Service

APN: 141-300-025