NOT LISTED FOR SALE

508 Las Alturas Rd Santa Barbara, CA 93103

Riviera Neighborhood

Estimated Value: $2,195,309 - $2,954,000

3 Beds
2 Baths
1,641 Sq Ft
$1,612/Sq Ft Est. Value

Sale Details

Date Sold: February 27, 2017

Last sale price $1,675,000 $1,021 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $15,710 / mo

127 Days on Market

Highlights

  • Ocean View
  • Contemporary Architecture
  • Direct Access Garage
  • Santa Barbara Senior High School Rated A-
  • Hilly Lot
  • 1-Story Property

About This Home

As of February 2017

Sweeping ocean, city and harbor views are enjoyed from this newly and thoroughly remodeled single level home in the heart of Santa Barbara’s beautiful Riviera neighborhood. The open and airy floor plan in this South facing Spanish Contemporary features 3 bedrooms, 2 baths, a fabulous Great Room with walls of glass to gorgeous views, a Santa Barbara stone fireplace and cathedral ceilings with sand blasted open beams. Just outside, an extremely private ocean and harbor view terrace is the perfect sanctuary for relaxing and al fresco dining. The sleek new ocean view kitchen features custom cabinets, quartzite countertops, stainless steel appliances and a view window perfectly placed over the sink with a pass through to the terrace for easy refreshment service. The spacious master suite offers pretty ocean views, an office area, a beautiful brand new bathroom and access to the private and tropical back yard. Two additional bedrooms share the use of the other newly redone bathroom.
The classic Santa Barbara theme continues throughout the landscaping with impressive sandstone boulders, flagstone steps, and plantings such as olive trees, agaves and bougainvillea.
The property includes a two car garage as well as off street parking so rare on the Riviera.

Last Agent to Sell the Property

Laurel Abbott

Berkshire Hathaway HomeServices California Properties License #01247432 Listed on: 09/28/2016

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Kathleen Hurley Winter Real Estate

Berkshire Hathaway HomeServices California Properties License #01022891

Last Buyer's Agent

The Santa Barbara

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979

Lot Details

  • Hilly Lot
  • Property is in excellent condition

Parking

  • Direct Access Garage

Property Views

  • Ocean
  • Harbor
  • Panoramic
  • City

Home Design

  • Contemporary Architecture
  • Spanish Architecture
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,641 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Sewer Stub Out

Community Details

  • Loma Media Community

Listing and Financial Details

  • Assessor Parcel Number 019-273-010

Home Details

Home Type

Single Family

Year Built

Built in 1979

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Year Built: 1979
  • Reso Property Sub Type: Home/Estate
  • Co List Office Mls Id: pruc1
  • Co List Office Phone: 805-969-5026
  • Architectural Style: Contemporary, Spanish
  • Garage Yn: Yes
  • Unit Levels: Single Story, Outside Stairs
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1979
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Cleveland
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Panoramic2: Yes
  • LocationTopo Hilly2: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Construction Single Story2: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Interior Access: Yes
  • Appliances Included Dishwasher3: Yes
  • Fireplace(s) LR: Yes
  • WaterSewer Sewer Hookup: Yes
  • Style:Contemporary2: Yes
  • Location Info Development Name: Loma Media
  • Roof:Tile2: Yes
  • ViewOcean: Yes
  • Style Spanish2: Yes
  • View Harbor2: Yes
  • View City4: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Dishwasher
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: LR

Exterior Features

  • Roof: Tile
  • View: Ocean, City, Harbor, Panoramic
  • Construction Type: Stucco
  • Topography: Hilly

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2, Interior Access

Utilities

  • Water Source: SB Wtr

Schools

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

Lot Info

  • Parcel #: 019-273-010
  • Zoning: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2016
Closed on
Feb 15, 2017
Sold by
508 Las Alturas Road Corporation
Bought by
Bromage Mary Susan and Mary Susan Bromage Revocable Trust
Seller's Agent
Laurel Abbott
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
The Santa Barbara
Berkshire Hathaway HomeServices California Properties
List Price
$1,850,000
Sold Price
$1,675,000
Premium/Discount to List
-$175,000
-9.46%
Current Estimated Value
$2,645,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$970,577
Avg. Annual Appreciation
5.10%

Purchase Details

Listed on
Apr 12, 2016
Closed on
May 31, 2016
Sold by
Shabankareh Saghar
Bought by
508 Las Alturas Road Corporation
Seller's Agent
Chris Palme
Coldwell Banker Realty
Buyer's Agent
Chris Palme
Coldwell Banker Realty
List Price
$1,450,000
Sold Price
$1,360,000
Premium/Discount to List
-$90,000
-6.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.10%
Original Mortgage
$1,070,800
Interest Rate
3.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2016
Sold by
Shabankareh Esmil and Jahangir Zahra Katayon
Bought by
Shabankareh Saghar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,070,800
Interest Rate
3.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 2012
Sold by
Areh Esmil Shabank and Jahangir Zahra Katayon
Bought by
Shabankaren Saghar
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bromage Mary Susan $1,675,000 Chicago Title Company
508 Las Alturas Road Corporation $1,360,000 Wfg National Title Ins Co
Shabankareh Saghar -- National Title Insurance Co
Shabankaren Saghar -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 508 Las Alturas Road Corporation $1,070,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/27/2017 02/27/17 Sold $1,675,000 -9.5% $1,021 / Sq Ft
02/02/2017 02/02/17 Pending -- -- --
09/28/2016 09/28/16 For Sale $1,850,000 +36.0% $1,127 / Sq Ft
06/13/2016 06/13/16 Sold $1,360,000 -6.2% $829 / Sq Ft View Prior Sale
05/27/2016 05/27/16 Pending -- -- --
04/12/2016 04/12/16 For Sale $1,450,000 -- $884 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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 $20,212 $1,943,976 $1,044,524 $899,452
2023 $20,212 $1,868,491 $1,003,965 $864,526
2022 $19,498 $1,831,855 $984,280 $847,575
2021 $19,049 $1,795,937 $964,981 $830,956
2020 $18,851 $1,777,523 $955,087 $822,436
2019 $18,521 $1,742,670 $936,360 $806,310
2018 $18,256 $1,708,500 $918,000 $790,500
2017 $14,700 $1,387,200 $765,000 $622,200
2016 $9,593 $582,174 $296,860 $285,314
2015 $6,197 $573,430 $292,401 $281,029
2014 $6,097 $562,199 $286,674 $275,525
Source: Public Records

Agents Affiliated with this Home

  • Laurel Abbott

    Seller's Agent in 2017

    Laurel Abbott

    Berkshire Hathaway HomeServices California Properties

    (805) 969-5026

    2 in this area

    30 Total Sales

    Laurel Abbott
    Section Image

  • K

    Seller Co-Listing Agent in 2017

    Kathleen Hurley Winter Real Estate

    Berkshire Hathaway HomeServices California Properties

    (805) 451-4663

    31 Total Sales

    Kathleen Hurley Winter Real Estate
    Section Image

  • T

    Buyer's Agent in 2017

    The Santa Barbara

    Berkshire Hathaway HomeServices California Properties

  • C

    Seller's Agent in 2016

    Chris Palme

    Coldwell Banker Realty

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 16-3243

Santa Barbara Multiple Listing Service

APN: 019-273-010

California Santa Barbara County Santa Barbara 93103 Riviera

508 Las Alturas Rd, Santa Barbara, CA

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