NOT LISTED FOR SALE

516 Mills Way Goleta, CA 93117

Estimated Value: $1,650,000 - $2,260,342

4 Beds
3.5 Baths
1,732 Sq Ft
$1,200/Sq Ft Est. Value

Last Sold December 06, 2023

Last sale price $2,100,000 $1,212 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $12,840/month

Highlights

  • Property is near an ocean
  • Updated Kitchen
  • Contemporary Architecture
  • Isla Vista Elementary School Rated A
  • Fruit Trees
  • 4-minute walk to Girsh Park

About This Home

As of December 2023

SOLD OFF MARKET. Discover the ease of contemporary living in this fully remodeled 4-bedroom, 3.5-bath home at 516 Mills Way. Each space in this exquisite property is accented with designer finishes, combining style and modern comfort. The gourmet kitchen, a chef's dream, features state-of-the-art appliances, sleek cabinetry, and spacious design, ideal for culinary exploration and entertaining.
The luxurious master bath offers a tranquil escape, with high-end fixtures and a spa-like ambiance. The three additional bedrooms are elegantly appointed, providing ample space for family, guests, or a home office.
Step outside to the beautifully landscaped outdoor living area, complete with a built-in BBQ, perfect for al fresco dining and entertaining under the California sky. Enhanced with a cutting-edge wired sound system, French oak flooring, bi-fold doors, and new windows, this home melds elegance with practicality. The natural light and energy-efficient features add to its appeal, making it a haven of modern luxury.

Last Agent to Sell the Property

Trey Evans

Evans Realty & Investments License #01421487 Listed on: 12/06/2023

Last Buyer's Agent

Non Member Agent

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,426

Year Built

  • Built in 1967

Lot Details

  • 8,276 Sq Ft Lot
  • Fenced
  • Level Lot
  • Irrigation
  • Fruit Trees
  • Lawn
  • Property is in good condition

Parking

  • Garage

Home Design

  • Contemporary Architecture
  • Cottage
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,732 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Property Views

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Built-In Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • 220 Volts In Laundry

Home Security

  • Home Security System
  • Smart Thermostat
  • Fire and Smoke Detector

Outdoor Features

  • Property is near an ocean

Location

  • Property is near a park
  • Property is near schools
  • Property is near shops
  • City Lot

Schools

  • Isla Vista Elementary School
  • Gol Valley Middle School
  • Dos Pueblos High School

Utilities

  • Forced Air Heating System
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 073-181-003

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include prop mgmt, comm area maint

Amenities

  • Restaurant

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,426

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1967
  • Reso Interior Features: Smart Thermostat
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: 220V Elect, Laundry Room
  • ResoLotFeatures: Level
  • ResoSecurityFeatures: Security System, Smoke Detector(s)
  • Reso Association Fee Includes: Prop Mgmt, Comm Area Maint
  • Architectural Style: Cal Cottage, Contemporary
  • Reso Flooring: Hardwood, Tile
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1967
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.19
  • NeighborhoodSchools Elementary School: Isla Vista
  • NeighborhoodSchools Junior High School: Gol Valley
  • NeighborhoodSchools High School: Dos Pueblos
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: Yes
  • Style Cal Cottage: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Dining Breakfast Bar2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Appliances Included Built-In Gas Range: Yes
  • Property Information Apx Lot SqFt: 8276.0
  • Condition Good2: Yes
  • Style:Contemporary2: Yes
  • Laundry:_two_20V Elect2: Yes
  • Site Improvements Cable TV3: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Built-In Gas Range, Tankless Water Heater, Dishwasher, Disposal, Dryer, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: LR
  • Other Rooms:Great Room: Yes
  • Appliances Included:Tankless Water Heater: Yes
  • Interior Features:Smart Thermostat: Yes

Exterior Features

  • Roof: Composition
  • View: Setting
  • Construction Type: Stucco
  • Acres: 0.19
  • Topography: Level
  • Exterior Features: Lawn, Fruit Trees, Yard Irrigation T/O, Fenced: ALL
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Goleta Wtr
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association: Yes

Schools

  • Elementary School: Isla Vista
  • High School: Dos Pueblos
  • Middle Or Junior School: Gol Valley

Lot Info

  • Parcel #: 073-181-003
  • Zoning: R-1
  • Lot Size Sq Ft: 8276.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2025
Sold by
Forouzandeh Jennifer Michelle
Bought by
Forouzandeh Jennifer Michelle
Current Estimated Value
$2,077,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Outstanding Balance
$204,427
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$1,873,159

Purchase Details

Listed on
Dec 6, 2023
Closed on
Nov 2, 2023
Sold by
Vizcarra George William
Bought by
Vizcarra Susan Michelle
Seller's Agent
Trey Evans
Evans Realty & Investments
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$2,100,000
Sold Price
$2,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.59%
Original Mortgage
$100,000
Interest Rate
7.57%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Dec 6, 2023
Closed on
Nov 1, 2023
Sold by
Forouzandeh Robert Behrooz
Bought by
Forouzandeh Jennifer Michelle
Seller's Agent
Trey Evans
Evans Realty & Investments
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$2,100,000
Sold Price
$2,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.57%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Dec 6, 2023
Closed on
Oct 12, 2023
Sold by
Morton-Smith Timothy
Bought by
Forouzandeh Jennifer Michelle and Vizcarra Susan Michelle
Seller's Agent
Trey Evans
Evans Realty & Investments
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$2,100,000
Sold Price
$2,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.57%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
May 2, 2023
Closed on
May 18, 2023
Sold by
Morton-Smith Karmen
Bought by
Morton-Smith Timothy
Seller's Agent
Roberta McGinnis
Gowing Properties
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$1,475,000
Sold Price
$1,215,000
Premium/Discount to List
-$260,000
-17.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
175.47%

Purchase Details

Listed on
May 2, 2023
Closed on
May 12, 2023
Sold by
Erdmann Richard
Bought by
Morton-Smith Timothy
Seller's Agent
Roberta McGinnis
Gowing Properties
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$1,475,000
Sold Price
$1,215,000
Premium/Discount to List
-$260,000
-17.63%

Purchase Details

Closed on
Mar 29, 2005
Sold by
Forrest Virginia
Bought by
Forrest Virginia A
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
Forouzandeh Jennifer Michelle -- First American Title
Vizcarra Susan Michelle -- First American Title
Forouzandeh Jennifer Michelle -- First American Title
Forouzandeh Jennifer Michelle $2,100,000 First American Title
Morton-Smith Timothy -- First American Title
Morton-Smith Timothy $1,215,000 First American Title
Forrest Virginia A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forouzandeh Jennifer Michelle $208,000
Previous Owner Forouzandeh Jennifer Michelle $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2023 12/06/23 Sold $2,100,000 0.0% $1,212 / Sq Ft
12/06/2023 12/06/23 Pending -- -- --
12/06/2023 12/06/23 For Sale $2,100,000 +72.8% $1,212 / Sq Ft
05/24/2023 05/24/23 Sold $1,215,000 0.0% $702 / Sq Ft
05/24/2023 05/24/23 Sold $1,215,000 +11.0% $702 / Sq Ft
05/12/2023 05/12/23 Pending -- -- --
05/12/2023 05/12/23 Pending -- -- --
05/10/2023 05/10/23 Price Changed $1,095,000 0.0% $632 / Sq Ft
05/10/2023 05/10/23 Price Changed $1,095,000 -25.8% $632 / Sq Ft
05/01/2023 05/01/23 For Sale $1,475,000 0.0% $852 / Sq Ft
05/01/2023 05/01/23 For Sale $1,475,000 -- $852 / 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 $22,426 $2,142,000 $1,020,000 $1,122,000
2023 $22,426 $1,225,000 $725,000 $500,000
2022 $1,357 $101,739 $27,910 $73,829
2021 $1,335 $99,745 $27,363 $72,382
2020 $1,306 $98,723 $27,083 $71,640
2019 $1,286 $96,788 $26,552 $70,236
2018 $1,264 $94,891 $26,032 $68,859
2017 $1,246 $93,031 $25,522 $67,509
2016 $1,239 $91,208 $25,022 $66,186
2015 $1,206 $89,839 $24,647 $65,192
2014 $1,171 $88,080 $24,165 $63,915
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-3626

Santa Barbara Multiple Listing Service

APN: 073-181-003