$3,325,000
SOLD JAN 29, 2016

545 Toro Canyon Rd Santa Barbara, CA 93108

Toro Canyon Neighborhood
10 Acres
$346,354 Price per Acre
418,176 Sq Ft Lot

Recently Sold

5% Below List Price

115 Days on Market

About This Lot

As of January 2016

Stunning ocean and island views on Toro Canyon, on approximately 9.6 private acres! This 3-parcel site includes 3 existing residences, a private well, and all the potential to make this an exquisite country estate. Convenient to Upper and Lower Villages in Montecito, Padaro Lane beach and shops, and downtown Summerland!

Last Agent to Sell the Property

Dan Encell

Berkshire Hathaway HomeServices California Properties License #00976141 Listed on: 03/03/2015

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Kirsten Kemp Becker

Village Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $68,733

Lot Details

  • 9.6 Acre Lot
  • Rural Setting

Property Views

  • Ocean
  • Mountain

Schools

  • Summerland Elementary School
  • Carp. Jr. Middle School
  • Carp. Sr. High School

Utilities

  • Private Water Source
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 005-050-068

Property Details

Property Type

Land

Est. Annual Taxes

$68,733

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Reso Property Sub Type: Residential/SFR
  • ResoLotFeatures: Rural, Other
  • Property Information Apx # Acres: 9.6
  • NeighborhoodSchools Elementary School: Summerland
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Mountain(s)2: Yes
  • Utility Info Water: Yes
  • Utility Info Electric2: Yes
  • WaterSewer Pvt Wtr Sys: Yes
  • WaterSewer Pvt Well In: Yes
  • WaterSewer Septic In: Yes
  • ViewOcean: Yes
  • View Setting3: Yes
  • LocationTopo Rural2: Yes
  • WaterSewer AG Water Avail: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountain(s), Ocean, Setting
  • Acres: 9.6
  • Topography: Rural

Utilities

  • Water Source: AG Water Avail, Private, Pvt Wtr Sys, Mont Wtr

Schools

  • Elementary School: Summerland
  • High School: Carp. Sr.
  • Middle Or Junior School: Carp. Jr.

Lot Info

  • Parcel #: 005-050-068
  • Zoning: Other
  • Lot Size Sq Ft: 418176.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2021
Sold by
Becker Darrell W
Bought by
Vhr1 Llc
Current Estimated Value
$7,051,843

Purchase Details

Closed on
Mar 30, 2018
Sold by
Becker Kristen Kemp
Bought by
Becker Darrel W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 4, 2015
Closed on
Jan 12, 2016
Sold by
Tappeiner John C
Bought by
Becker Darrell W
Seller's Agent
Dan Encell
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Kirsten Kemp Becker
Village Properties
List Price
$3,495,000
Sold Price
$3,325,000
Premium/Discount to List
-$170,000
-4.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.86%
Original Mortgage
$332,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 4, 2015
Closed on
Jan 11, 2016
Sold by
Becker Kirsten Kemp
Bought by
Becker Darrell W
Seller's Agent
Dan Encell
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Kirsten Kemp Becker
Village Properties
List Price
$3,495,000
Sold Price
$3,325,000
Premium/Discount to List
-$170,000
-4.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2006
Sold by
Tappeiner John C and Tappeiner Brian V
Bought by
Tappeiner Ii John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.04%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 8, 2005
Sold by
Valleyheart Gardens Inc and Tappeiner Ii John C
Bought by
Valleyheart Gardens Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Grant Deed $5,800,000 Chicago Title Company
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $2,725,000 Fidelity National Title Co
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $295,000 Credit Line Revolving
Previous Owner $2,500,000 Adjustable Rate Mortgage/ARM
Previous Owner $332,000 New Conventional
Previous Owner $350,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2016 01/29/16 Sold $3,325,000 0.0% --
01/29/2016 01/29/16 Sold $3,325,000 -4.9% --
06/26/2015 06/26/15 Pending -- -- --
06/26/2015 06/26/15 Pending -- -- --
03/03/2015 03/03/15 For Sale $3,495,000 0.0% --
03/03/2015 03/03/15 For Sale $3,495,000 -- --
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 $68,733 $6,654,806 $3,348,111 $3,306,695
2023 $68,733 $5,935,000 $3,218,100 $2,716,900
2022 $61,621 $5,800,000 $3,155,000 $2,645,000
2021 $19,698 $1,826,547 $874,916 $951,631
2020 $19,507 $1,807,819 $865,945 $941,874
2019 $18,704 $1,772,372 $848,966 $923,406
2018 $18,410 $1,737,620 $832,320 $905,300
2017 $16,795 $1,581,000 $816,000 $765,000
2016 $2,375 $210,956 $76,906 $134,050
2015 $2,349 $207,788 $75,751 $132,037
2014 $2,216 $203,719 $74,268 $129,451
Source: Public Records

Agents Affiliated with this Home

  • Dan Encell

    Seller's Agent in 2016

    Dan Encell

    Berkshire Hathaway HomeServices California Properties

    (805) 677-2013

    2 in this area

    123 Total Sales

    Section Image

  • K

    Buyer's Agent in 2016

    Kirsten Kemp Becker

    Village Properties

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 15-678

Santa Barbara Multiple Listing Service

APN: 005-050-068

California Santa Barbara County Santa Barbara 93013 Toro Canyon

545 Toro Canyon Rd, Santa Barbara, CA

This home is located at 545 Toro Canyon Rd, Santa Barbara, CA 93108 and is currently priced at $3,325,000. 545 Toro Canyon Rd is a home located in Santa Barbara County with nearby schools including Carpinteria Senior High School, Our Lady of Mount Carmel School, and The Howard School.

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