NOT LISTED FOR SALE

Estimated Value: $5,317,000 - $7,501,000

4 Beds
4 Baths
3,836 Sq Ft
$1,704/Sq Ft Est. Value

Last Sold January 09, 2018

Last sale price $3,725,000 $971 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $38,764/month

262 Days on Market

Highlights

  • Ocean View
  • Updated Kitchen
  • Fireplace in Primary Bedroom
  • Guest House
  • Cape Cod Architecture
  • Deck

About This Home

As of January 2018

Built in 2012, this exquisitely crafted farmhouse features ocean and mountain views, complemented by two detached cottages, lush landscaping, complete with palm trees and a hammock and is situated on 2+/- acres. The main residence, with vaulted beamed ceiling and sea stone fireplace in the master suite, is complemented by 3 additional bedroom suites as well as an open bright airy floor plan with high coffered beamed ceilings in the heart of the home.

Last Agent to Sell the Property

Cristal Clarke

Sotheby's International Realty Listed on: 03/16/2017

Last Buyer's Agent

Stephanie Theimer

Compass License #02020149

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,736

Year Built

  • Built in 2012

Lot Details

  • Gated Home
  • Lawn
  • Property is in excellent condition

Parking

  • Attached Garage

Property Views

  • Ocean
  • Mountain

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 3,836 Sq Ft Home
  • 2-Story Property
  • Multiple Fireplaces
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Updated Kitchen
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom
  • 4 Full Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Gazebo
  • Separate Outdoor Workshop

Additional Homes

  • Guest House

Schools

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

Utilities

  • Central Air
  • Septic System

Listing and Financial Details

  • Exclusions: Other
  • Assessor Parcel Number 005-050-050

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,736

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 2012
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoSecurityFeatures: Gate:Elec
  • Architectural Style: Cape Cod
  • Reso Flooring: Hardwood, Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Work Shop
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2012
  • Property Information Total #Units: 1
  • 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
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • Rooms Family Room4: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Fireplace(s) LR: Yes
  • Security GateElec: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • Construction Two Story2: Yes
  • Dining In Kitchen4: Yes
  • Amenities Guest House2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Other Buildings Work Shop2: Yes
  • WaterSewer Septic In: Yes
  • GroundsLandscaping Deck3: Yes
  • ViewOcean: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • GroundsLandscaping Gazebo2: Yes
  • Style Cape Cod2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Primary Bedroom, Family Room, 2+, LR

Exterior Features

  • View: Mountain(s), Ocean
  • Exclusions: Other
  • Exterior Features: Deck, Patio Open, Patio Covered, Gazebo, Lawn

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Water Source: Mont Wtr

Schools

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

Lot Info

  • Parcel #: 005-050-050
  • Zoning: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2017
Closed on
Dec 8, 2017
Sold by
Brigante David F and Brigante Frances E
Bought by
Memorable Day Llc
Seller's Agent
Cristal Clarke
Sotheby's International Realty
Buyer's Agent
Stephanie Theimer
Compass
List Price
$4,395,000
Sold Price
$3,725,000
Premium/Discount to List
-$670,000
-15.24%
Total Days on Market
262
Current Estimated Value
$6,534,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,809,678
Avg. Annual Appreciation
7.36%

Purchase Details

Closed on
Jun 20, 2006
Sold by
Gerling Helen G
Bought by
Brigante David F and Brigante Frances E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
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
Memorable Day Llc $3,715,000 Chicago Title Co
Brigante David F -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brigante David F $1,500,000
Previous Owner Morehart Mitchell E $503,000
Previous Owner Morehart Mitchell E $510,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2018 01/09/18 Sold $3,725,000 -15.2% $971 / Sq Ft
12/03/2017 12/03/17 Pending -- -- --
03/16/2017 03/16/17 For Sale $4,395,000 -- $1,146 / 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 $38,736 $3,744,514 $1,479,176 $2,265,338
2023 $38,736 $3,599,112 $1,421,739 $2,177,373
2022 $37,541 $3,528,542 $1,393,862 $2,134,680
2021 $36,762 $3,459,356 $1,366,532 $2,092,824
2020 $36,311 $3,415,886 $1,352,520 $2,063,366
2019 $34,589 $3,279,300 $1,326,000 $1,953,300
2018 $34,047 $3,215,000 $1,250,000 $1,965,000
2017 $38,011 $3,582,000 $1,395,000 $2,187,000
2016 $36,287 $3,411,000 $1,328,000 $2,083,000
2014 $30,258 $2,953,500 $1,150,000 $1,803,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 17-856

Santa Barbara Multiple Listing Service

APN: 005-050-050