Seller's Agent in 2022
Jen Stein
Keller Williams Realty Santa Barbara
(805) 319-5866
2 in this area
39 Total Sales
505 Mountain Dr Santa Barbara, CA 93103
Cielito NeighborhoodEstimated Value: $3,166,000 - $3,496,795
4
Beds
3
Baths
2,308
Sq Ft
$1,444/Sq Ft
Est. Value
Highlights
- Spa
- Craftsman Architecture
- Mountain View
- Santa Barbara Senior High School Rated A-
- Fruit Trees
- 2-minute walk to Sheffield Reservoir
About This Home
As of October 2022Welcome home to this light and bright reimagined turn-key 4-bed, 3-bath home on 1 acre of useable land. This generous parcel affords plenty of space to add an ADU. The main level offers 3-bedrooms, 2-bathrooms (one of which is a second en-suite) . Upstairs features a huge primary master suite with two large walk in closets, private balcony and amazing views. Relax and unwind in the spa after a nice swim in the large inviting pool while enjoying the park-like backyard with beautiful mountain views. Just close enough to be a convenient location to town and Shefield Reservoir Park.
Last Agent to Sell the Property
Keller Williams Realty Santa Barbara License #01786020 Listed on: 08/31/2022
Last Buyer's Agent
The Santa Barbara
Berkshire Hathaway HomeServices California Properties
Home Details
Home Type
- Single Family
Year Built
- Built in 1961 | Remodeled
Lot Details
- 1 Acre Lot
- Fenced
- Fruit Trees
- Wooded Lot
- Lawn
- Property is in excellent condition
Parking
- Direct Access Garage
Home Design
- Craftsman Architecture
- Composition Roof
Interior Spaces
- 2,308 Sq Ft Home
- 2-Story Property
- Multiple Fireplaces
- Living Room with Fireplace
- Mountain Views
Kitchen
- Built-In Oven
- Built-In Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
- 3 Full Bathrooms
Pool
- Spa
- Outdoor Pool
Location
- Property is near park
- City Lot
Schools
- Roosevelt Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Additional Features
- Deck
- Forced Air Heating and Cooling System
Community Details
- 15 Las Canoas/El Cielito Subdivision
Listing and Financial Details
- Assessor Parcel Number 021-103-021
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 31, 2022
Closed on
Sep 22, 2022
Sold by
Hometown Equity Group Llc
Bought by
Schneider Living Trust
Seller's Agent
Jen Stein
Keller Williams Realty Santa Barbara
Buyer's Agent
The Santa Barbara
Berkshire Hathaway HomeServices California Properties
List Price
$3,300,000
Sold Price
$2,850,000
Premium/Discount to List
-$450,000
-13.64%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$482,949
Avg. Annual Appreciation
5.05%
Original Mortgage
$1,000,000
Outstanding Balance
$958,436
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$2,374,513
Purchase Details
Listed on
Dec 1, 2021
Closed on
Dec 27, 2021
Sold by
2007 Acosta-Martinez Family Trust
Bought by
Hometown Equity Group Llc
Seller's Agent
Jen Stein
Keller Williams Realty Santa Barbara
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$2,300,000
Sold Price
$2,150,000
Premium/Discount to List
-$150,000
-6.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.73%
Original Mortgage
$2,022,830
Interest Rate
3.45%
Mortgage Type
Construction
Purchase Details
Closed on
Sep 24, 2007
Sold by
Martinez Henry Albert and Acosta Indira Yashief
Bought by
Martinez Henry and Acosta Indira
Purchase Details
Closed on
Feb 22, 2007
Sold by
Hall Conrad Winchester and Hall Lisa Sheasgreen
Bought by
Martinez Henry Albert and Acosta Indira Yashief
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.23%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 16, 2002
Sold by
Kagay Dorothy R
Bought by
Hall Conrad Winchester and Hall Lisa Sheasgreen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,000
Interest Rate
6.62%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schneider Living Trust | $2,850,000 | Fidelity National Title | |
| Hometown Equity Group Llc | $2,150,000 | Fidelity National Title | |
| Martinez Henry | -- | None Available | |
| Martinez Henry Albert | -- | Lawyers Title Company | |
| Hall Conrad Winchester | -- | Equity Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schneider Living Trust | $1,000,000 | |
| Previous Owner | Hometown Equity Group Llc | $2,022,830 | |
| Previous Owner | Martinez Henry Albert | $900,000 | |
| Previous Owner | Hall Conrad Winchester | $820,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/18/2022 10/18/22 | Sold | $2,850,000 | -13.6% | $1,235 / Sq Ft | |
| 09/13/2022 09/13/22 | Pending | -- | -- | -- | |
| 08/30/2022 08/30/22 | For Sale | $3,300,000 | +53.5% | $1,430 / Sq Ft | |
| 02/02/2022 02/02/22 | Sold | $2,150,000 | -6.5% | $948 / Sq Ft | View Prior Sale |
| 12/19/2021 12/19/21 | Pending | -- | -- | -- | |
| 12/01/2021 12/01/21 | For Sale | $2,300,000 | -- | $1,015 / Sq Ft |
Source: Santa Barbara Multiple Listing Service
Tax History Compared to Growth
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 | $24,030 | $2,311,985 | $1,215,678 | $1,096,307 |
| 2023 | $24,030 | $2,222,210 | $1,168,473 | $1,053,737 |
| 2022 | $22,954 | $2,150,000 | $1,100,000 | $1,050,000 |
| 2021 | $23,031 | $2,165,000 | $1,125,000 | $1,040,000 |
| 2020 | $20,035 | $1,882,000 | $978,000 | $904,000 |
| 2019 | $20,076 | $1,882,000 | $978,000 | $904,000 |
| 2018 | $20,185 | $1,882,000 | $978,000 | $904,000 |
| 2017 | $18,960 | $1,792,000 | $931,000 | $861,000 |
| 2016 | $17,978 | $1,707,000 | $887,000 | $820,000 |
| 2014 | $16,163 | $1,522,000 | $791,000 | $731,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jen Stein
-
Steve Epstein
Seller Co-Listing Agent in 2022
Steve Epstein
Keller Williams Realty Santa Barbara
(805) 689-9339
3 in this area
135 Total Sales
-
T
Buyer's Agent in 2022
The Santa Barbara
Berkshire Hathaway HomeServices California Properties
-
N
Buyer's Agent in 2022
Non Member Agent
Non Member Office
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 22-2956
APN: 021-103-021
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