NOT LISTED FOR SALE

54 Olive Mill Santa Barbara, CA 93108

Estimated Value: $2,699,000 - $3,079,000

3 Beds
2.5 Baths
1,784 Sq Ft
$1,624/Sq Ft Est. Value

Last Sold January 31, 2013

Last sale price $995,000 $558 Per Sq Ft

Est. 191% increase in value since last sale

Current estimated payment $17,237/month

6 Days on Market

Highlights

  • Property is near an ocean
  • Fireplace in Primary Bedroom
  • Mediterranean Architecture
  • Santa Barbara Senior High School Rated A-
  • Property is near public transit
  • Home Security System

About This Home

As of January 2013

Stunning Oasis of elegance and beauty. Terrific Montecito location. Walking distance to beach & cafes, Biltmore and Coast Village Rd shops. Custom lighting, cherry wood floors, remodled kitchen and baths - A jewel!

Last Agent to Sell the Property

Gayle Lofthus

Village Properties License #01058822 Listed on: 12/12/2012

Last Buyer's Agent

Cecilia Hunt

Village Properties License #00678233

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $13,160

Year Built

  • Built in 1989

Lot Details

  • 1,176

HOA Fees

  • $475 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,784 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Home Security System
  • Laundry in Garage

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Schools

  • Mont Union Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Additional Features

  • Property is near an ocean
  • Property is in good condition
  • Forced Air Heating System

Community Details

  • Association fees include prop mgmt, comm area maint
  • 14 Buildings
  • 14 Units

Listing and Financial Details

  • Assessor Parcel Number 009-620-012

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$13,160

Year Built

Built in 1989

Lot Details

0

HOA Fees

$475 per month

Listing Details

  • Association Fee: $475.00
  • Directions: Coast Village Rd, go toward Biltmore on Olive Mill just before railroad tracks turn left down lane, 3rd condo on left.
  • Prop. Type: Residential
  • Year Built: 1989
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: In Garage
  • ResoLotFeatures: Near Public Transit
  • ResoSecurityFeatures: Security System
  • Reso Association Fee Includes: Prop Mgmt, Comm Area Maint
  • Subdivision Name: Other
  • Architectural Style: Medit, Townhouse
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1989
  • Property Information Total #Units: 14
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Property Information Within City Limits: No
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • Proximity Near Ocean2: Yes
  • Dining Dining Area2: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • Laundry In Garage2: Yes
  • Style Medit2: Yes
  • Style Townhouse2: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Primary Bedroom, LR

Exterior Features

  • Roof: Composition
  • Construction Type: Stucco
  • Foundation Details: Slab

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: Yes

Schools

  • Elementary School: Mont Union
  • High School: S.B. Sr.
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 009-620-012
  • Zoning: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2021
Sold by
Shanley Daniel M
Bought by
Shanley Daniel M and Shanley Linda
Current Estimated Value
$2,897,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Outstanding Balance
$578,028
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$2,319,331

Purchase Details

Listed on
Dec 12, 2012
Closed on
Dec 28, 2012
Sold by
Shanley Linda F
Bought by
Shanley Daniel M
Seller's Agent
Gayle Lofthus
Village Properties
Buyer's Agent
Cecilia Hunt
Village Properties
List Price
$995,000
Sold Price
$995,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.85%
Original Mortgage
$796,000
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 12, 2012
Closed on
Dec 20, 2012
Sold by
Lucie Smith Derek A and Lucie Smith Louisa J
Bought by
Shanley Daniel M
Seller's Agent
Gayle Lofthus
Village Properties
Buyer's Agent
Cecilia Hunt
Village Properties
List Price
$995,000
Sold Price
$995,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$796,000
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2006
Sold by
Ignatius Joseph A and Ignatius Cherie J
Bought by
Lucie Smith Derek A and Lucie Smith Louisa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,324,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 2002
Sold by
Dicaprio Tamara J
Bought by
Ignatius Joseph A and Ignatius Cherie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$684,000
Interest Rate
5.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 23, 2000
Sold by
Damianos Clarice H
Bought by
Dicaprio Tamara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
8.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 1997
Sold by
Carlisle Harry and Carlisle Jane
Bought by
Damianos Clarice H

Purchase Details

Closed on
Sep 30, 1994
Sold by
Cowger Peter R and Cowger Charlana K
Bought by
Brainard Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
8.7%
Mortgage Type
Purchase Money Mortgage
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
Shanley Daniel M -- First American Title Ins Co
Shanley Daniel M -- Fidelity National Title Co
Shanley Daniel M $995,000 Fidelity National Title Co
Lucie Smith Derek A $1,655,000 Fidelity National Title Co
Ignatius Joseph A -- First American Title
Dicaprio Tamara J -- First American Title
Damianos Clarice H $520,000 Lawyers Title Company
Carlisle Harry -- Lawyers Title Company
Brainard Chris -- Lawyers Title Company
Brainard Chris -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shanley Daniel M $660,000
Closed Shanley Daniel M $796,000
Previous Owner Lucie Smith Derek A $1,324,000
Previous Owner Ignatius Joseph A $880,000
Previous Owner Ignatius Joseph A $277,200
Previous Owner Ignatius Joseph A $684,000
Previous Owner Dicaprio Tamara J $880,000
Previous Owner Brainard Chris $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2013 01/31/13 Sold $995,000 0.0% $558 / Sq Ft
12/17/2012 12/17/12 Pending -- -- --
12/11/2012 12/11/12 For Sale $995,000 -- $558 / 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 $13,160 $1,240,259 $800,423 $439,836
2023 $13,160 $1,177,683 $769,343 $408,340
2022 $12,703 $1,154,592 $754,258 $400,334
2021 $12,446 $1,131,954 $739,469 $392,485
2020 $12,328 $1,120,348 $731,887 $388,461
2019 $12,096 $1,098,382 $717,537 $380,845
2018 $11,872 $1,076,846 $703,468 $373,378
2017 $11,636 $1,055,732 $689,675 $366,057
2016 $11,305 $1,035,032 $676,152 $358,880
2015 $11,074 $1,019,486 $665,996 $353,490
2014 -- $999,517 $652,951 $346,566
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2013

    Gayle Lofthus

    Village Properties

  • C

    Buyer's Agent in 2013

    Cecilia Hunt

    Village Properties

    (805) 895-3834

    5 Total Sales

    Cecilia Hunt
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 12-3720

Santa Barbara Multiple Listing Service

APN: 009-620-012

California Santa Barbara County Santa Barbara 93108

54 Olive Mill, Santa Barbara, CA

This home is located at 54 Olive Mill, Santa Barbara, CA 93108 since 12 December 2012 and is currently estimated at $2,897,359, approximately $1,624 per square foot. This property was built in 1989. 54 Olive Mill is a home located in Santa Barbara County with nearby schools including Santa Barbara Junior High School, Santa Barbara Senior High School, and Adelante Charter School.

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