NOT LISTED FOR SALE

531 Grove Ln Santa Barbara, CA 93105

San Roque Neighborhood

Estimated Value: $1,851,376 - $1,915,000

4 Beds
2 Baths
1,592 Sq Ft
$1,187/Sq Ft Est. Value

Last Sold July 21, 2017

Last sale price $875,000 $550 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $10,824/month

4 Days on Market

Highlights

  • Fruit Trees
  • 1-Story Property
  • Garage
  • La Colina Junior High School Rated A
  • Forced Air Heating System
  • 3-minute walk to Willowglen Park

About This Home

As of July 2017

Situated on a corner lot with fruit trees and lots of potential is this 4 bedroom house in need of TLC. Located in the desirable San Roque neighborhood this is a contractors dream.

Last Agent to Sell the Property

Connie Meynet

Village Properties - 2 License #01235773 Listed on: 05/15/2017

Last Buyer's Agent

Calcagno & Hamilton

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,555

Year Built

  • Built in 1961

Lot Details

  • Partially Fenced Property
  • Level Lot
  • Fruit Trees

Parking

  • Garage

Home Design

  • Shake Roof
  • Stucco

Interior Spaces

  • 1,592 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Monte Vista Elementary School

Additional Features

  • City Lot
  • Forced Air Heating System

Community Details

  • Grove Estates Community

Listing and Financial Details

  • Assessor Parcel Number 057-151-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,555

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1961
  • Reso Property Sub Type: Home/Estate
  • ResoLotFeatures: Level
  • Architectural Style: Other
  • Reso Flooring: Carpet, Vinyl
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • Property Information Year Built2: 1961
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Monte Vista
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • LocationTopo Level: Yes
  • Property Information Within City Limits: Yes
  • Construction Single Story2: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • Fireplace(s) LR: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • FlrWdw Coverings Carpet: Yes
  • Location Info Development Name: Grove Estates
  • Pets Yes: Yes
  • FlrWdw Coverings VinylLinoleum2: Yes
  • Roof Shake: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: LR

Exterior Features

  • Roof: Shake
  • Construction Type: Stucco
  • Topography: Level
  • Exterior Features: Fruit Trees, Fenced: PRT

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Schools

  • Elementary School: Monte Vista
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 057-151-009
  • Zoning: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2017
Closed on
Jun 6, 2017
Sold by
Brubaker Elizabeth A
Bought by
Milligan Gregory and Milligan Karyn L
Seller's Agent
Connie Meynet
Village Properties - 2
Buyer's Agent
Calcagno & Hamilton
Sotheby's International Realty
List Price
$849,000
Sold Price
$875,000
Premium/Discount to List
$26,000
3.06%
Current Estimated Value
$1,890,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,015,344
Avg. Annual Appreciation
9.76%
Original Mortgage
$700,000
Outstanding Balance
$577,897
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,312,447

Purchase Details

Closed on
Oct 16, 2015
Sold by
Brubaker Richard L
Bought by
Brubaker Richard L
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
Milligan Gregory $875,000 First American Title Company
Brubaker Richard L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milligan Gregory $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2017 07/21/17 Sold $875,000 +3.1% $550 / Sq Ft
05/18/2017 05/18/17 Pending -- -- --
05/14/2017 05/14/17 For Sale $849,000 -- $533 / 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 $10,555 $995,596 $739,587 $256,009
2023 $10,555 $956,938 $710,869 $246,069
2022 $10,185 $938,176 $696,931 $241,245
2021 $9,819 $919,781 $683,266 $236,515
2020 $14,865 $910,350 $676,260 $234,090
2019 $15,323 $892,500 $663,000 $229,500
2018 $9,245 $875,000 $650,000 $225,000
2017 $1,458 $142,904 $42,589 $100,315
2016 $1,462 $140,103 $41,754 $98,349
2015 $1,400 $137,999 $41,127 $96,872
2014 $1,422 $135,297 $40,322 $94,975
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Connie Meynet

    Village Properties - 2

    Section Image

  • C

    Buyer's Agent in 2017

    Calcagno & Hamilton

    Sotheby's International Realty

  • M

    Buyer's Agent in 2017

    Michael Calcagno

    Berkshire Hathaway HomeServices California Properties

    (805) 896-0876

    6 in this area

    299 Total Sales

    Michael Calcagno
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 17-1591

Santa Barbara Multiple Listing Service

APN: 057-151-009

California Santa Barbara County Santa Barbara 93105 San Roque

531 Grove Ln, Santa Barbara, CA

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