NOT LISTED FOR SALE

Estimated Value: $1,833,000 - $2,307,136

4 Beds
2.5 Baths
2,238 Sq Ft
$953/Sq Ft Est. Value

Last Sold October 06, 2023

Last sale price $1,913,456 $855 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $13,695/month

54 Days on Market

Highlights

  • Property is near an ocean
  • Mountain View
  • Corner Lot
  • Solar Power System
  • Property is near public transit
  • Great Room

About This Home

As of October 2023

Owner will carry the financing to a qualified buyer for this custom one year old home at The Cottages. Great location within walking distance to everything. A quick stroll to local restaurants and beach or up the mountain on the Franklin Trail. Beautifully built home with 10' ceilings, recessed lighting, air conditioning, top of the line appliances, private landscaped backyard with mountain views and quality in every cabinet and fixture throughout the entire home. Mud room off the attached two car garage. This is a beautiful small community with low HOA fees. Solar installed for very low electric fees. Solar system has been fully paid off. See Document tab for more information.

Last Agent to Sell the Property

Debbie Murphy

Murphy King Real Estate License #00580025 Listed on: 07/18/2023

Last Buyer's Agent

Non Member Agent

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,925

Year Built

  • Built in 2022

Lot Details

  • 8,276 Sq Ft Lot
  • Back Yard Fenced
  • Artificial Turf
  • Corner Lot
  • Level Lot
  • Property is in excellent condition
  • Property is zoned PUD

HOA Fees

  • $185 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces

Home Design

  • Cottage
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,238 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Blinds
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Library
  • Laminate Flooring
  • Mountain Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Accessible Home Design

  • Stepless Entry

Eco-Friendly Details

  • Solar Power System
  • Solar Heating System

Outdoor Features

  • Property is near an ocean
  • Patio

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop
  • City Lot

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Home Protection Policy
  • Assessor Parcel Number 003-142-035

Community Details

Overview

  • The Cottages Community

Amenities

  • Restaurant

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,925

Year Built

Built in 2022

Lot Details

0

HOA Fees

$185 per month

Parking

2

Listing Details

  • Association Fee: 184.73
  • Prop. Type: Residential
  • Year Built: 2022
  • ResoWindowFeatures: Blinds
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room, In Unit
  • ResoLotFeatures: Level, Corner Lot, Near Public Transit
  • ResoSecurityFeatures: Smoke Detector(s), Fire Sprinkler System
  • Subdivision Name: Other
  • Architectural Style: Cal Cottage
  • Reso Flooring: Laminate
  • Garage Yn: Yes
  • Unit Levels: Entry Lvl(No Stairs), Single Story
  • New Construction: No
  • Property Attached Yn: Yes
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2022
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.19
  • NeighborhoodSchools Elementary School: Canalino
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Site Improvements Underground Util: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: Yes
  • Condition Excellent: Yes
  • Style Cal Cottage: Yes
  • Construction Entry Lvl(No Stairs)2: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Patio Open2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near School(s)2: Yes
  • Dining Breakfast Bar2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Smoke Detector(s)2: Yes
  • Security Fire Sprinkler System: Yes
  • FlrWdw Coverings Blinds: Yes
  • Cooling Central Air: Yes
  • Property Information Main House SqFt: 2238.0
  • LocationTopo Corner Lot2: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Appliances Included Built-In Gas Range: Yes
  • Property Information Apx Lot SqFt: 8276.0
  • Proximity Near Bus: Yes
  • Location Info Development Name: The Cottages
  • GroundsLandscaping Fenced BCK: Yes
  • ParkingGarage Total # Uncovered Spaces: 2.0
  • FlrWdw Coverings Laminate2: Yes
  • Laundry In Unit2: Yes
  • Site Improvements Cable TV3: Yes
  • Amenities Solar PV2: Yes
  • Rooms LbryStudy: Yes
  • GroundsLandscaping Artificial Turf: Yes
  • Amenities Protection Plan2: Yes
  • ParkingGarage Unc #22: Yes
  • CondoCO-OPPUD Detached4: Yes
  • ParkingGarage:Total _pound_ Garage Spaces: 2.0
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Built-In Gas Range, Tankless Water Heater, Dishwasher, Disposal, Dryer, Microwave, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: LR
  • Other Rooms:Great Room: Yes
  • Appliances Included:Tankless Water Heater: Yes

Exterior Features

  • Roof: Composition
  • View: Mountain(s)
  • Construction Type: Stucco
  • Acres: 0.19
  • Topography: Level
  • Exterior Features: Patio Open, Fenced: BCK
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Gar #2, Unc #2, Attached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Solar
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Utilities: Underground Util
  • Water Source: Carp Wtr
  • Heating:Forced Air: Yes
  • Heating:Solar: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Schools

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

Lot Info

  • Parcel #: 003-142-035
  • Zoning: PUD
  • Lot Size Sq Ft: 8276.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2024
Sold by
Kozman Steve and Kozman Suzan
Bought by
5140 Ogan Road Llc
Current Estimated Value
$2,130,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Outstanding Balance
$1,586,311
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$547,473

Purchase Details

Listed on
Jul 18, 2023
Closed on
Sep 18, 2023
Sold by
John Welty Revocable Family Trust
Bought by
5140 Ogan Road Llc
Seller's Agent
Debbie Murphy
Murphy King Real Estate
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$2,195,000
Sold Price
$1,913,456
Premium/Discount to List
-$281,544
-12.83%
Views
280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.17%
Original Mortgage
$1,120,000
Interest Rate
7.23%
Mortgage Type
New Conventional
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
5140 Ogan Road Llc -- None Listed On Document
Kozman Steve -- California Members Title
5140 Ogan Road Llc $1,913,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kozman Steve $1,600,000
Previous Owner 5140 Ogan Road Llc $1,120,000
Previous Owner John Welty Family Revocable Tr $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2023 10/06/23 Sold $1,913,456 -8.7% $855 / Sq Ft
09/04/2023 09/04/23 Pending -- -- --
08/23/2023 08/23/23 Price Changed $2,095,000 -4.6% $936 / Sq Ft
07/12/2023 07/12/23 For Sale $2,195,000 0.0% $981 / Sq Ft
08/07/2022 08/07/22 Off Market $7,500 -- --
08/06/2022 08/06/22 Rented $7,500 0.0% --
07/20/2022 07/20/22 For Rent $7,500 0.0% --
07/08/2022 07/08/22 Sold $1,895,000 0.0% $847 / Sq Ft
07/08/2022 07/08/22 Sold $1,895,000 0.0% $847 / Sq Ft
07/08/2022 07/08/22 Off Market $1,895,000 -- --
07/08/2022 07/08/22 Off Market $1,895,000 -- --
06/22/2022 06/22/22 Pending -- -- --
06/22/2022 06/22/22 Pending -- -- --
06/17/2022 06/17/22 For Sale $1,895,000 0.0% $847 / Sq Ft
06/14/2022 06/14/22 Price Changed $1,895,000 -13.7% $847 / Sq Ft
05/11/2022 05/11/22 For Sale $2,195,000 -- $981 / 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 $20,925 $1,951,725 $1,033,725 $918,000
2023 $20,925 $1,895,000 $1,000,000 $895,000
2022 $5,878 $483,825 $349,825 $134,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-2050

Santa Barbara Multiple Listing Service

APN: 003-142-035