NOT LISTED FOR SALE

501 Drexel Dr Santa Barbara, CA 93103

Riviera Neighborhood

Estimated Value: $3,137,000 - $3,437,000

4 Beds
3 Baths
2,358 Sq Ft
$1,396/Sq Ft Est. Value

Sale Details

Date Sold: September 25, 2020

Last sale price $2,060,000 $874 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $20,121 / mo

1 Day on Market

Highlights

  • Ocean View
  • Spa
  • Fruit Trees
  • Santa Barbara Senior High School Rated A-
  • Property is near an ocean
  • Guest Quarters

About This Home

As of September 2020

Private single level Riviera home nestled on a quiet cul-de-sac offering great ocean, island, and city views, yet close to Downtown Santa Barbara! The main level features formal dining and living rooms, and kitchen with window-seat breakfast nook, with grand views, a cozy den/family room, 3 bedrooms, 2 baths, 3-car garage, and beautiful terraces leading to the private, level & fenced yard. The master suite has it's own deck with hot tub and captivating views! The lower level bedroom suite has separate entry ... perfect for guests. Classic design features hardwood floors, vaulted ceilings in living room and bedrooms, bedroom lofts, & plenty of built-in storage. The gardens south-facing exposure provides sunny areas to relax and plenty of space to entertain guests. With raised beds fruit trees, and an area for a family orchard ... a virtual Farmers market! Sited on the lower Riviera, with exceptional seclusion, mature trees for soft shade, and a surprisingly level lot, there's even potentially room for a pool.

Last Agent to Sell the Property

Maurie McGuire

Coldwell Banker Realty Listed on: 08/24/2020

Coldwell Banker Realty

Co-Listed By

Scott Westlotorn

Coldwell Banker Realty

Last Buyer's Agent

Crysta Metzger

Sotheby's International Realty License #01340521

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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 14,810 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot
  • Fruit Trees
  • Lawn
  • Property is in excellent condition

Parking

  • Garage

Property Views

  • Ocean
  • Harbor
  • Panoramic
  • City

Home Design

  • Cottage
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,358 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Guest Quarters
  • 3 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Property is near an ocean
  • Deck
  • Enclosed Patio or Porch

Schools

  • Cleveland Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Additional Features

  • Stepless Entry
  • Property is near park, schools, and shops

Community Details

  • 15 Riviera/Lower Subdivision

Listing and Financial Details

  • Assessor Parcel Number 019-333-023

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0.34 Acres

Listing Details

  • Directions: Alameda Padre Serra to Las Alturas, Bear right from Las Alturas onto Drexel Dr and the house is toward the end on the right side right before the end of the cul de sac.
  • Prop. Type: Residential
  • Year Built: 1978
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: In Garage
  • ResoLotFeatures: Level
  • Co List Office Mls Id: cb01
  • Co List Office Phone: 805-969-4755
  • Subdivision Name: 15 - Riviera/Lower
  • Architectural Style: Cal Cottage
  • Reso Flooring: Hardwood, Stone, Tile
  • Garage Yn: Yes
  • Unit Levels: Entry Lvl(No Stairs), Single Story, Outside Stairs
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1978
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.34
  • NeighborhoodSchools Elementary School: Cleveland
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Panoramic2: Yes
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Style Cal Cottage: Yes
  • Construction Entry Lvl(No Stairs)2: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: 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
  • Rooms Ground Floor Primary: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • Property Information Main House SqFt: 2358.0
  • ParkingGarage Gar #33: Yes
  • Proximity Near Shopping2: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Amenities Guest Quarters2: Yes
  • FlrWdw Coverings Stone2: Yes
  • GroundsLandscaping Deck3: Yes
  • GroundsLandscaping Hot Tub2: Yes
  • ViewOcean: Yes
  • ParkingGarage Detached: Yes
  • GroundsLandscaping Fenced BCK: Yes
  • Laundry In Garage2: Yes
  • Appliances Included OvenBltin: Yes
  • Appliances Included Wtr SoftenerOwned: Yes
  • Foundation Raised: Yes
  • View Harbor2: Yes
  • View City4: Yes
  • Rooms Patio Enclosed2: Yes
  • WaterSewer Meter In: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Oven/Bltin, Dishwasher, Dryer, Gas Stove, Microwave, Washer, Wtr Softener/Owned
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: LR

Exterior Features

  • Roof: Composition
  • View: Ocean, City, Harbor, Panoramic
  • Construction Type: Other, Stucco
  • Acres: 0.34
  • Topography: Level
  • Exterior Features: Deck, Hot Tub, Lawn, Fruit Trees, Fenced: BCK
  • Foundation Details: Raised
  • Patio And Porch Features: Enclosed

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #3, Attached, Detached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Meter In, SB Wtr
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Other

Schools

  • Elementary School: Cleveland
  • High School: S.B. Sr.
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 019-333-023
  • Zoning: R-1
  • Lot Size Sq Ft: 14810.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2020
Closed on
Sep 18, 2020
Sold by
Bought by
Seller's Agent
Maurie McGuire
Coldwell Banker Realty
Buyer's Agent
Crysta Metzger
Sotheby's International Realty
List Price
$1,995,000
Sold Price
$2,060,000
Premium/Discount to List
$65,000
3.26%
Current Estimated Value
$3,290,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,230,724
Avg. Annual Appreciation
8.25%
Original Mortgage
$1,545,000
Outstanding Balance
$1,342,757
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,947,967

Purchase Details

Closed on
Feb 25, 2020
Sold by
Bought by

Purchase Details

Closed on
Nov 6, 2012
Sold by
Bought by

Purchase Details

Listed on
Sep 7, 2011
Closed on
Jan 26, 2012
Sold by
Bought by
Seller's Agent
Nancy Kogevinas
Sotheby's International Realty
Buyer's Agent
Maurie McGuire
Sotheby's International Realty
List Price
$1,595,000
Sold Price
$1,450,000
Premium/Discount to List
-$145,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%

Purchase Details

Closed on
Jul 10, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.5%

Purchase Details

Closed on
Mar 28, 2001
Sold by
Bought by

Purchase Details

Closed on
Jan 13, 1997
Sold by
Bought by

Purchase Details

Closed on
Oct 22, 1993
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Riviera, CA

  • Janice Laney Real Estate Agent - Keller Williams Santa Barbara

    Janice Laney

    Responds Quickly

    Keller Williams Santa Barbara

    (805) 865-7385

    31 Total Sales

    2 in Riviera

    $3,100,000 Price Range

    Janice Laney
     Section Image
  • Tiffany Dore Real Estate Agent - Village Properties

    Tiffany Dore

    Village Properties

    (805) 324-6641

    23 Total Sales

    7 in Riviera

    $2.1M - $9.1M Price Range

    Tiffany Dore
     Section Image
  • Colleen Beall Real Estate Agent - Compass

    Colleen Beall

    Compass

    (805) 243-1083

    31 Total Sales

    2 in Riviera

    $1.3M - $2.5M Price Range

    Colleen Beall
     Section Image
  • Erika Burrows Real Estate Agent - Berkshire Hathaway HomeServices California Properties

    Erika Burrows

    Berkshire Hathaway HomeServices California Properties

    (805) 303-8072

    4 Total Sales

    2 in Riviera

    $3,300,000 Price Range

    Erika Burrows
     Section Image
  • Tamra Van Order Real Estate Agent - Keller Williams Realty Santa Barbara

    Tamra Van Order

    Responds Quickly

    Keller Williams Realty Santa Barbara

    (805) 308-6428

    33 Total Sales

    1 in Riviera

    $2,651,000 Price

    Tamra Van Order
     Section Image
  • Chris Palme Real Estate Agent - Sotheby's International Realty

    Chris Palme

    Sotheby's International Realty

    (805) 262-8876

    17 Total Sales

    6 in Riviera

    $2.2M - $3.5M Price Range

    Chris Palme
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,060,000 First American Title Company
-- None Available
-- None Available
-- None Available
$1,450,000 Chicago Title Company
-- Equity Title Company
-- --
-- --
$80,331 Continental Lawyers Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,545,000
Previous Owner $685,500
Previous Owner $650,000
Previous Owner $176,480
Previous Owner $650,000
Previous Owner $650,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/25/2020 09/25/20 Sold $2,060,000 +3.3% $874 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $1,995,000 +37.6% $846 / Sq Ft
02/08/2012 02/08/12 Sold $1,450,000 -9.1% $615 / Sq Ft View Prior Sale
01/30/2012 01/30/12 Pending -- -- --
09/07/2011 09/07/11 For Sale $1,595,000 -- $676 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $24,830 $2,388,251 $1,214,487 $1,173,764
2025 $23,679 $2,341,424 $1,190,674 $1,150,750
2023 $23,679 $2,183,224 $1,144,440 $1,038,784
2022 $22,802 $2,136,200 $1,122,000 $1,014,200
2021 $21,916 $2,060,000 $1,100,000 $960,000
2020 $17,022 $1,604,521 $900,785 $703,736
2019 $16,723 $1,573,061 $883,123 $689,938
2018 $16,484 $1,542,217 $865,807 $676,410
2017 $15,938 $1,511,979 $848,831 $663,148
2016 $15,563 $1,482,334 $832,188 $650,146
2015 $15,390 $1,460,069 $819,688 $640,381
2014 -- $1,431,469 $803,632 $627,837
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Maurie McGuire

    Coldwell Banker Realty

    Section Image

  • S

    Seller Co-Listing Agent in 2020

    Scott Westlotorn

    Coldwell Banker Realty

  • C

    Buyer's Agent in 2020

    Crysta Metzger

    Sotheby's International Realty

    (805) 453-8700

    36 Total Sales

    Crysta Metzger
    Section Image
  • Nancy Kogevinas Real Estate Agent - Sotheby's International Realty

    Seller's Agent in 2012

    Nancy Kogevinas

    Sotheby's International Realty

    (805) 895-7706

    8 in this area

    178 Total Sales

    Nancy Kogevinas
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-3302

Santa Barbara Multiple Listing Service

APN: 019-333-023

California Santa Barbara County Santa Barbara 93103 Riviera

501 Drexel Dr, Santa Barbara, CA

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