NOT LISTED FOR SALE

536 Mills Way Goleta, CA 93117

Estimated Value: $849,000 - $882,000

2 Beds
1.5 Baths
1,056 Sq Ft
$425/mo HOA Fee

Last Sold August 12, 2020

Last sale price $625,000 $592 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $5,620/month

3 Days on Market

Highlights

  • Property is near an ocean
  • Clubhouse
  • Wood Flooring
  • Isla Vista Elementary School Rated A
  • Property is near a park
  • Community Pool

About This Home

As of August 2020

Light and bright 2 bedroom, 1.5 bath townhome in the Meadowtree development! This wonderfully located unit backs up to abundant open space and the Coal Oil Point Reserve that leads to Sands Beach! The property features an inviting open living space, fresh paint, smooth ceilings, upgraded kitchen with stainless appliances, upgraded baths, laundry in-unit, and shares half of a two-car garage. Enjoy picturesque setting views from the living room, sunny outdoor patio, and the master bedroom! The development has a sparkling community pool and clubhouse. Soak up the quiet and peaceful setting, while having the convenience of being close to shopping, parks and UCSB.

Last Agent to Sell the Property

Ali Evans

Berkshire Hathaway HomeServices California Properties License #01846603 Listed on: 07/17/2020

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Amy Abbott

Goodwin & Thyne Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,442

Year Built

  • Built in 1974

Lot Details

  • 479

HOA Fees

  • $425 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,056 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Laundry in unit
  • Property Views

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

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

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

Additional Features

  • Property is near an ocean
  • Property is in good condition
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 073-290-021

Community Details

Overview

  • Association fees include insurance, water, trash, prop mgmt, exterior maint
  • 64 Buildings
  • 64 Units

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,442

Year Built

Built in 1974

Lot Details

0

HOA Fees

$425 per month

Listing Details

  • Association Fee: 425
  • Directions: 101 North, left on Storke, right on Phelps, left on Mills Way. Located in the Meadowtree development. Park in first open parking spaces on the left and unit is on the left just after parking spaces.
  • Prop. Type: Residential
  • Year Built: 1974
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Level, Near Public Transit
  • Reso Association Amenities: Clubhouse, Pool
  • Reso Association Fee Includes: Insurance, Water, Trash, Prop Mgmt, Exterior Maint
  • Reso Flooring: Wood, Carpet, Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1974
  • Property Information Total #Units: 64
  • 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
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Tile3: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • Laundry In Unit2: Yes
  • AssocPark Amenities Pool4: Yes
  • ParkingGarage Gar #12: Yes
  • FlrWdw Coverings Wood2: Yes
  • Proximity Near Hospital2: Yes
  • AssocPark Amenities Clubhouse: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: LR

Exterior Features

  • View: Setting
  • Construction Type: Stucco
  • Topography: Level
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #1

Utilities

  • Heating: Radiant
  • HeatingYN: Yes
  • Water Source: Goleta Wtr
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 073-290-021
  • Zoning: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2022
Sold by
Gorman Sarah P
Bought by
Sarah P Gorman Living Trust
Current Estimated Value
$866,458

Purchase Details

Listed on
Jul 17, 2020
Closed on
Aug 3, 2020
Sold by
Zahn Peter and Zahn Rachel
Bought by
Gorman Sarah P
Seller's Agent
Ali Evans
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Amy Abbott
Goodwin & Thyne Properties
List Price
$615,000
Sold Price
$625,000
Premium/Discount to List
$10,000
1.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.69%
Original Mortgage
$561,875
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 17, 2020
Closed on
Jul 29, 2020
Sold by
Gorman Douglas H
Bought by
Gorman Sarah P
Seller's Agent
Ali Evans
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Amy Abbott
Goodwin & Thyne Properties
List Price
$615,000
Sold Price
$625,000
Premium/Discount to List
$10,000
1.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$561,875
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 21, 2014
Closed on
Oct 1, 2014
Sold by
Best West Mortgage Group Inc
Bought by
Zahn Peter and Zahn Rachel
Seller's Agent
Frans De Witte
Best West Mortgage Group, Inc.
Buyer's Agent
Dustin Baker
Coldwell Banker Realty
List Price
$499,000
Sold Price
$495,000
Premium/Discount to List
-$4,000
-0.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.08%
Original Mortgage
$371,250
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 1, 2014
Sold by
Elsass Shelley S
Bought by
Best West Mortgage Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2005
Sold by
Shoemaker Dhelley L and Elsass Shelley S
Bought by
Shoemaker Shelley S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 26, 2001
Sold by
Elsass Christopher R and Elsass Shelley S
Bought by
Elsass Shelley S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,400
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 4, 1996
Sold by
Monk and Susan
Bought by
Elsass Christopher R and Elsass Shelley S

Purchase Details

Closed on
Dec 12, 1994
Sold by
Nakashima Associates
Bought by
Monk Glen and Monk Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,380
Interest Rate
9.1%
Mortgage Type
Assumption
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
Sarah P Gorman Living Trust -- None Listed On Document
Gorman Sarah P $625,000 First American Title Company
Gorman Sarah P -- First American Title Company
Zahn Peter $495,000 First American Title Company
Best West Mortgage Group Inc $379,000 None Available
Shoemaker Shelley S -- First American Title Company
Elsass Shelley S -- First American Title Co
Elsass Christopher R -- First American Title
Monk Glen $169,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gorman Sarah P $561,875
Previous Owner Zahn Peter $371,250
Previous Owner Best West Mortgage Group Inc $180,000
Previous Owner Elsass Shelley S $150,000
Previous Owner Elsass Shelley S $380,000
Previous Owner Elsass Shelley S $224,000
Previous Owner Elsass Shelley S $150,000
Previous Owner Elsass Shelley S $207,000
Previous Owner Elsass Shelley S $165,441
Previous Owner Elsass Shelley S $30,000
Previous Owner Elsass Shelley S $30,000
Previous Owner Elsass Shelley S $164,400
Previous Owner Monk Glen $172,380
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2020 08/12/20 Sold $625,000 +1.6% $592 / Sq Ft
07/20/2020 07/20/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $615,000 +24.2% $582 / Sq Ft
10/15/2014 10/15/14 Sold $495,000 -0.8% $469 / Sq Ft
08/28/2014 08/28/14 Pending -- -- --
08/21/2014 08/21/14 For Sale $499,000 -- $473 / 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 $7,442 $676,517 $337,717 $338,800
2023 $7,442 $650,249 $324,604 $325,645
2022 $7,080 $637,500 $318,240 $319,260
2021 $6,963 $625,000 $312,000 $313,000
2020 $6,006 $543,970 $219,787 $324,183
2019 $5,899 $533,305 $215,478 $317,827
2018 $5,790 $522,849 $211,253 $311,596
2017 $5,698 $512,598 $207,111 $305,487
2016 $5,564 $502,548 $203,050 $299,498
2014 $2,610 $219,208 $119,570 $99,638
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-2700

Santa Barbara Multiple Listing Service

APN: 073-290-021