NOT LISTED FOR SALE

540 Mills Way Goleta, CA 93117

Estimated Value: $755,000 - $845,000

2 Beds
1.5 Baths
1,056 Sq Ft
$767/Sq Ft Est. Value

Last Sold September 14, 2012

Last sale price $374,900 $355 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $5,104/month

Highlights

  • Property is near an ocean
  • Golf Course View
  • Property is near park, public transit, schools, shops, and bus stop
  • Isla Vista Elementary School Rated A
  • Clubhouse
  • Community Pool

About This Home

As of September 2012

For Statistical Purposes only. Nice two bedroom townhouse facing the golf course.

Last Agent to Sell the Property

Karen Spechler

Coldwell Banker Realty Listed on: 09/14/2012

Last Buyer's Agent

Joanne Stoltz

Sotheby's International Realty License #00387433

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1973

Lot Details

  • 523

HOA Fees

  • $425 Monthly HOA Fees

Parking

  • Garage

Property Views

  • Golf Course
  • Mountain

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 1,056 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Carpet

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Schools

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

Utilities

  • Heating Available
  • Cable TV Available

Additional Features

  • Property is near an ocean
  • Property is in good condition
  • Property is near park, public transit, schools, shops, and bus stop

Listing and Financial Details

  • Assessor Parcel Number 073-290-023

Community Details

Overview

  • Association fees include earthquake insurance, water, gas, trash, cable TV, comm area maint, exterior maint
  • 64 Buildings
  • 64 Units
  • Meadowtree Community
  • Greenbelt

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Year Built

Built in 1973

Lot Details

0

HOA Fees

$425 per month

Listing Details

  • Association Fee: 425
  • Prop. Type: Residential
  • Year Built: 1973
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Near Public Transit
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Clubhouse, Pool, Greenbelt
  • Reso Association Fee Includes: Earthquake Insurance, Water, Gas, Trash, Cable TV, Comm Area Maint, Exterior Maint
  • Subdivision Name: Other
  • Architectural Style: Townhouse
  • Reso Flooring: Carpet
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1973
  • Property Information Total #Units: 64
  • NeighborhoodSchools Elementary School: Isla Vista
  • NeighborhoodSchools Junior High School: Gol Valley
  • NeighborhoodSchools High School: Dos Pueblos
  • View Mountain(s)2: Yes
  • Property Information Within City Limits: No
  • Roof:Composition: Yes
  • Exterior:Stucco: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Smoke Detector(s)2: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • Location Info Development Name: Meadowtree
  • AssocPark Amenities Pool4: Yes
  • ParkingGarage Gar #12: Yes
  • AssocPark Amenities Greenbelt2: Yes
  • Pets Yes: Yes
  • AssocPark Amenities Clubhouse: Yes
  • Dining In Living Room2: Yes
  • Appliances Included Elect Stove2: Yes
  • Style Townhouse2: Yes
  • AssocPark Fee Incl Cable TV2: Yes
  • Assessor's Data Assessor Year Built: 1973.0
  • View Golf Course5: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Refrigerator, Dishwasher, Disposal, Dryer, Elect Stove, Microwave, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: LR
  • Total Bedrooms: 4

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Golf Course
  • Construction Type: Stucco
  • Foundation Details: Mixed

Garage/Parking

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

Utilities

  • Heating: Electric
  • HeatingYN: Yes
  • Water Source: Goleta Wtr
  • Heating:Electric: 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 #: 073-290-023
  • Zoning: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2018
Sold by
Bowers Timothy S and Bowers Lynette
Bought by
Bowers Timothy and Bowers Lynette
Current Estimated Value
$810,114

Purchase Details

Listed on
Sep 14, 2012
Closed on
Aug 1, 2012
Sold by
Lyons Kathleen Scott and Scott Kathleen
Bought by
Bowers Timothy S and Bowers Lynette
Seller's Agent
Karen Spechler
Coldwell Banker Realty
Buyer's Agent
Joanne Stoltz
Sotheby's International Realty
List Price
$374,900
Sold Price
$374,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%
Original Mortgage
$299,920
Outstanding Balance
$206,102
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$604,012

Purchase Details

Closed on
Jun 11, 2007
Sold by
Scott Kathleen
Bought by
Scott Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
6.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2006
Sold by
Rogers Nathan and Rogers Kristen
Bought by
Scott Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,000
Interest Rate
6.87%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 25, 2003
Sold by
Klotter Kevin A and Klotter Bree L
Bought by
Rogers Nathan and Rogers Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.72%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 16, 1997
Sold by
Sekey Malka
Bought by
Klotter Kevin A and Klotter Bree L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,600
Interest Rate
7.96%

Purchase Details

Closed on
Oct 17, 1995
Sold by
Sekey Malka
Bought by
Sekey Malka
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bowers Timothy -- None Available
Bowers Timothy S $375,000 First American Title Company
Scott Kathleen -- Fidelity National Title Co
Scott Kathleen $590,000 Stewart Title Of Ca Inc
Scott Kathleen -- Stewart Title Of Ca Inc
Rogers Nathan $429,000 Fidelity National Title Co
Klotter Kevin A -- Chicago Title Co
Sekey Malka -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowers Timothy S $299,920
Previous Owner Scott Kathleen $372,000
Previous Owner Scott Kathleen $413,000
Previous Owner Rogers Nathan $322,700
Previous Owner Klotter Kevin A $133,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2012 09/14/12 Sold $374,900 0.0% $355 / Sq Ft
09/14/2012 09/14/12 Pending -- -- --
09/14/2012 09/14/12 For Sale $374,900 -- $355 / 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 $5,302 $475,449 $246,282 $229,167
2023 $5,302 $456,988 $236,719 $220,269
2022 $5,008 $448,028 $232,078 $215,950
2021 $4,790 $426,499 $227,528 $198,971
2020 $4,740 $422,126 $225,195 $196,931
2019 $4,630 $413,850 $220,780 $193,070
2018 $4,572 $405,736 $216,451 $189,285
2017 $4,500 $397,781 $212,207 $185,574
2016 $4,400 $389,983 $208,047 $181,936
2015 $4,332 $384,126 $204,922 $179,204
2014 -- $376,602 $200,908 $175,694
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 12-2924

Santa Barbara Multiple Listing Service

APN: 073-290-023