NOT LISTED FOR SALE

502 Hodges Ln Montecito, CA 93108

Estimated Value: $3,131,000 - $5,458,000

1 Bed
1 Bath
-- Sq Ft
0.54 Acres

Highlights

  • Furnished
  • Dogs and Cats Allowed
  • Property is in excellent condition
  • Santa Barbara Senior High School Rated A-

About This Home

As of February 2018

THE COTTAGE:

This classic 1940’s cottage offers peace and tranquility on a large lot full of luscious oak trees. Care was taken to maintain the traditional cottage feel, while upgrading all the important features. This beautiful cottage offers an elegant one bedroom king size room with high thread count sheets and a sleeper sofa for two. It’s filled with modern amenities including a fully equipped kitchen, two flat screen TVs, DVD, Wi-Fi, washer and dryer. You can dine al fresco on our garden patio. The Family Room and Kitchen share one large space, with plenty of light streaming in from many doors and windows. Two bicycles are provided for our guests. Pets welcome.

Last Agent to Rent the Property

Mary Whitney

Berkshire Hathaway HomeServices California Properties License #01144746 Listed on: 01/31/2018

Berkshire Hathaway HomeServices California Properties

Last Renter's Agent

Mary Whitney

Berkshire Hathaway HomeServices California Properties License #01144746 Listed on: 01/31/2018

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Year Built

  • 1944

Lot Details

  • 0.54

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Additional Features

  • Furnished
  • Property is in excellent condition

Listing and Financial Details

  • Property Available on 1/28/18

Home Details

Home Type

Single Family

Year Built

1944

Lot Details

0

Listing Details

  • Prop. Type: ResidentialLease
  • Reso Property Sub Type: Home/Estate
  • NumberUnfurnished: Furnished
  • New Construction: No
  • Reso Property Condition: Excellent
  • Condition Excellent: Yes
  • Property Information:Date Available: 2018-01-28
  • Property Information Total Bathrooms2: 1.0
  • Pets Cats: Yes
  • Pets Dogs: Yes
  • Furnishings Fully Furnished: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built (Public Record): 1944

Interior Features

  • Total Bedrooms: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2021
Sold by
Pompan Bruce and Pompan Byrdie
Bought by
Pompan Family Trust and Pompan
Current Estimated Value
$3,932,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$822,000
Outstanding Balance
$744,937
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$3,187,960

Purchase Details

Closed on
Apr 13, 2016
Sold by
Isaacs Charles M and Carteris Gabrielle A
Bought by
Isaacs Charles M and Carteris Gabrielle A

Purchase Details

Closed on
Apr 17, 2009
Sold by
The Bank Of New York
Bought by
Pompan Bruce and Pompan Byrdie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$937,500
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2008
Sold by
Ferguson Paula L
Bought by
The Bank Of New York

Purchase Details

Closed on
Mar 19, 2008
Sold by
Ferguson Paula L
Bought by
Link Peter E and Link Trust

Purchase Details

Closed on
Mar 25, 2005
Sold by
Ferguson Perry H
Bought by
Ferguson Paula L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,218,750
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2005
Sold by
Luning Jennifer L
Bought by
Luning Ii Eugene T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,218,750
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 2005
Sold by
Falcon Equities Inc
Bought by
Ferguson Paula L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,218,750
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Pompan Family Trust -- Fidelity National Title
Isaacs Charles M -- None Available
Pompan Bruce $1,250,000 Landsafe Title Of California
The Bank Of New York $1,280,000 Landsafe Title
Link Peter E -- Chicago Title Company
Ferguson Paula L -- First American Title Company
Luning Ii Eugene T -- First American Title Company
Ferguson Paula L -- First American Title Company
Lunning Ii Eugene T -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pompan Family Trust $822,000
Previous Owner Pompan Bruce $937,500
Previous Owner Ferguson Paula L $1,218,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2018 01/30/18 Rented -- -- --
01/30/2018 01/30/18 For Rent $4,500 -- --
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 $18,653 $1,615,973 $1,287,758 $328,215
2023 $18,653 $1,553,224 $1,237,753 $315,471
2022 $18,088 $1,522,770 $1,213,484 $309,286
2021 $17,750 $1,492,913 $1,189,691 $303,222
2020 $17,596 $1,477,606 $1,177,493 $300,113
2019 $17,190 $1,448,634 $1,154,405 $294,229
2018 $16,896 $1,420,230 $1,131,770 $288,460
2017 $16,499 $1,392,383 $1,109,579 $282,804
2016 $15,963 $1,365,082 $1,087,823 $277,259
2015 $15,489 $1,344,578 $1,071,483 $273,095
2014 $15,265 $1,318,241 $1,050,495 $267,746
Source: Public Records

Agents Affiliated with this Home

  • M

    Landlord's Agent in 2018

    Mary Whitney

    Berkshire Hathaway HomeServices California Properties

    (805) 689-0915

    3 in this area

    13 Total Sales

    Mary Whitney
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: RN-14263

Santa Barbara Multiple Listing Service

APN: 011-220-017

California Santa Barbara County Montecito 93108

502 Hodges Ln, Montecito, CA

Not Listed for Sale

Detached

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