J
Seller's Agent in 2021
Jonathan Gilkeson
eXp Realty of California, Inc.
(805) 335-4749
4 in this area
46 Total Sales
516 E Micheltorena St Santa Barbara, CA 93103
Laguna NeighborhoodEstimated Value: $2,969,240 - $3,320,000
3
Beds
2
Baths
2,038
Sq Ft
$1,541/Sq Ft
Est. Value
Highlights
- Ocean View
- Property is near an ocean
- Craftsman Architecture
- Santa Barbara Senior High School Rated A-
- Updated Kitchen
- Fruit Trees
About This Home
As of August 2021Enjoy ocean views from this timeless Craftsman home conveniently located in the charming Upper Eastside. This 3-bed | 2-bath home offers over 2,000 SF of living space w/additional SF in the finished garage, perfect for conversion to an Accessory Dwelling Unit for supplementary income. The home is updated w/remodeled bathrooms & significant updates to the kitchen to offer an open layout between the kitchen, dining, & living areas. Enjoy indoor-outdoor living w/a wet bar & spacious entertainment deck off the upstairs living area, featuring captivating ocean & island views. The private yard below offers multiple fruit trees & a newer paver patio. Located nearby Roosevelt School & multiple parks, don't miss this opportunity to have the downtown lifestyle in a quiet residential neighborhood!
Last Agent to Sell the Property
eXp Realty of California, Inc. License #01898328 Listed on: 07/07/2021
Co-Listed By
Zia Group
eXp Realty of California, Inc. License #01710544
Home Details
Home Type
- Single Family
Year Built
- Built in 1921
Lot Details
- 5,227 Sq Ft Lot
- Back Yard Fenced
- Level Lot
- Irrigation
- Fruit Trees
- Lawn
- Property is in excellent condition
- Property is zoned R-2
Property Views
- Ocean
- Panoramic
- City
- Peek-A-Boo
- Mountain
Home Design
- Craftsman Architecture
- Raised Foundation
- Composition Roof
- Wood Siding
Interior Spaces
- 2,038 Sq Ft Home
- 2-Story Property
- Wet Bar
- Family Room
- Living Room with Fireplace
- Formal Dining Room
- Home Office
- Wood Flooring
- Fire and Smoke Detector
Kitchen
- Updated Kitchen
- Breakfast Bar
- Stove
- Gas Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Remodeled Bathroom
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
- 220 Volts In Laundry
Parking
- Detached Garage
- 3 Open Parking Spaces
- Converted Garage
Outdoor Features
- Property is near an ocean
- Deck
- Patio
Location
- Property is near a park
- Property is near public transit
- Property near a hospital
- Property is near schools
- Property is near shops
- Property is near a bus stop
- City Lot
Schools
- Roosevelt Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Utilities
- Forced Air Heating and Cooling System
- Water Softener is Owned
- Cable TV Available
Community Details
- 15 Upper Eastside Subdivision
- Laundry Facilities
Listing and Financial Details
- Exclusions: Other, Potted Plants
- Assessor Parcel Number 029-031-004
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 13, 2022
Sold by
Gorrell Family Trust
Bought by
Gorrell Family 2022 Trust and Gorrell
Current Estimated Value
Purchase Details
Listed on
Jul 7, 2021
Closed on
Aug 10, 2021
Sold by
Anderson Scott and Anderson Laura
Bought by
Gorrell Wilson C and Gorrell Erin
Seller's Agent
Jonathan Gilkeson
eXp Realty of California, Inc.
Buyer's Agent
Jason Bertoli
Compass
List Price
$1,995,000
Sold Price
$2,500,000
Premium/Discount to List
$505,000
25.31%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.41%
Original Mortgage
$1,500,000
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Purchase Details
Listed on
Mar 4, 2015
Closed on
Feb 6, 2015
Sold by
Strong William Tanzey and Strong Victoria Alice Withey
Bought by
Richard L Montgomery Irrevocable Trust and Anderson Laura
Seller's Agent
Sandy Lipowski
Sotheby's International Realty
Buyer's Agent
Jonathan Gilkeson
Keller Williams Realty Santa Barbara
List Price
$1,545,000
Sold Price
$1,510,000
Premium/Discount to List
-$35,000
-2.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.12%
Purchase Details
Closed on
May 29, 2013
Sold by
Strong William T and Strong Victoria A
Bought by
Strong William Tanzey and Strong Victoria Alice Withey
Purchase Details
Closed on
Apr 2, 2007
Sold by
Mize Sheri Smith
Bought by
Strong William T and Strong Victoria A
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
6.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 1, 2005
Sold by
The Barry Cahn Living Trust and Mize Sheri Smith
Bought by
Sheri Smith Mize Living Trust
Purchase Details
Closed on
Jul 19, 1995
Sold by
Cahn Barry
Bought by
Chan Barry
Purchase Details
Closed on
Jun 28, 1995
Sold by
Cahn Barry
Bought by
Cahn Barry and Mize Sheri Smith
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 |
|---|---|---|---|
| Gorrell Family 2022 Trust | -- | None Listed On Document | |
| Gorrell Wilson C | $2,500,000 | Chicago Title Company | |
| Richard L Montgomery Irrevocable Trust | $1,510,000 | Fidelity National Title Co | |
| Strong William Tanzey | -- | None Available | |
| Strong William T | -- | Equity Title Company Santa B | |
| Sheri Smith Mize Living Trust | -- | -- | |
| Chan Barry | -- | -- | |
| Mize Sheri Smith | -- | -- | |
| Cahn Barry | $135,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gorrell Wilson C | $1,500,000 | |
| Previous Owner | Strong William T | $650,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/18/2021 08/18/21 | Sold | $2,500,000 | +25.3% | $1,227 / Sq Ft | |
| 07/15/2021 07/15/21 | Pending | -- | -- | -- | |
| 07/07/2021 07/07/21 | For Sale | $1,995,000 | +32.1% | $979 / Sq Ft | |
| 03/04/2015 03/04/15 | Sold | $1,510,000 | -2.3% | $741 / Sq Ft | View Prior Sale |
| 03/04/2015 03/04/15 | Pending | -- | -- | -- | |
| 03/04/2015 03/04/15 | For Sale | $1,545,000 | -- | $758 / 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 | $30,115 | $2,908,019 | $1,220,389 | $1,687,630 |
| 2023 | $30,115 | $2,550,000 | $1,173,000 | $1,377,000 |
| 2022 | $26,570 | $2,500,000 | $1,150,000 | $1,350,000 |
| 2021 | $17,961 | $1,694,453 | $899,359 | $795,094 |
| 2020 | $17,776 | $1,677,080 | $890,138 | $786,942 |
| 2019 | $17,466 | $1,644,197 | $872,685 | $771,512 |
| 2018 | $17,220 | $1,611,959 | $855,574 | $756,385 |
| 2017 | $16,476 | $1,563,687 | $838,799 | $724,888 |
| 2016 | $16,085 | $1,533,027 | $822,352 | $710,675 |
| 2015 | $15,836 | $1,510,000 | $900,000 | $610,000 |
| 2014 | $13,588 | $1,291,000 | $875,000 | $416,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jonathan Gilkeson
-
Z
Seller Co-Listing Agent in 2021
Zia Group
eXp Realty of California, Inc.
-
Jason Bertoli
J
Buyer's Agent in 2021
Jason Bertoli
Compass
(617) 504-2400
1 in this area
30 Total Sales
-
Sandy Lipowski
S
Seller's Agent in 2015
Sandy Lipowski
Sotheby's International Realty
(805) 403-3844
39 Total Sales
-
D
Seller Co-Listing Agent in 2015
Daniela Johnson
Sotheby's International Realty
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 21-2527
APN: 029-031-004
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