56 Olive Mill Rd Santa Barbara, CA 93108
3
Beds
3
Baths
1,883
Sq Ft
$950/mo
HOA Fee
Highlights
- Property is near an ocean
- Fireplace in Primary Bedroom
- Direct Access Garage
- Santa Barbara Senior High School Rated A-
- Property is near public transit
- Restaurant
About This Home
As of October 2024Discover unparalleled charm in this newly reimagined 3 bed/3 bath Montecito Del Mar townhouse, perfectly situated in the coveted Lower Village/Butterfly Beach neighborhood. This lock-and-leave home offers easy access to the renowned Biltmore Hotel, Rosewood Miramar, Butterfly Beach, and the upscale dining and shopping on Coast Village Road.
Step inside to a spacious living room, where a cozy, tiled fireplace and abundant natural light create a welcoming atmosphere. The well-designed floorplan allows for seamless flow between rooms. The kitchen, equipped with high-quality finishes and top-of-the-line appliances, is a chef's delight.
The primary suite is a sanctuary of comfort, featuring a private balcony overlooking the gardens, an inviting fireplace, and a luxurious ensuite bath - perfect for unwinding at the end of the day.
Two additional bedrooms enhance the home's functionality. One upstairs bedroom boasts an ensuite bath and a large balcony, while the downstairs bedroom offers flexibility for guests or a home office.
The exquisite back patio is a standout feature, designed for ultimate privacy with a tiered brick layout, lush landscaping, multiple entertaining areas, and two fountains that create a serene ambiance. It's the ideal space for hosting family and friends or enjoying a tranquil Montecito day.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices California Properties License #01499736 / 01129919 Listed on: 10/29/2024
Last Buyer's Agent
Calcagno & Hamilton
Sotheby's International Realty
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $31,654
Year Built
- Built in 1988
Lot Details
- Back Yard Fenced
- Property is in excellent condition
HOA Fees
- $950 Monthly HOA Fees
Parking
- Direct Access Garage
Home Design
- Slab Foundation
- Composition Roof
Interior Spaces
- 1,883 Sq Ft Home
- 2-Story Property
- Multiple Fireplaces
- Living Room with Fireplace
- Dishwasher
- Laundry in Garage
Bedrooms and Bathrooms
- 3 Bedrooms
- Fireplace in Primary Bedroom
- 3 Full Bathrooms
Home Security
Location
- Property is near public transit
- Property is near schools
- 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
- Sewer Stub Out
Listing and Financial Details
- Assessor Parcel Number 009-620-013
- Seller Considering Concessions
Community Details
Overview
- Association fees include insurance, earthquake insurance, comm area maint, exterior maint
- 14 Buildings
- 14 Units
Additional Features
- Restaurant
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 29, 2024
Closed on
Oct 15, 2024
Sold by
Gordon Joyce and Remais Eric
Bought by
Tysoe Ronald and Tysoe Arleigh
Seller's Agent
Michael Calcagno
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Calcagno & Hamilton
Sotheby's International Realty
List Price
$2,950,000
Sold Price
$2,850,000
Premium/Discount to List
-$100,000
-3.39%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,685
Avg. Annual Appreciation
11.77%
Purchase Details
Listed on
Jan 17, 2022
Closed on
Feb 1, 2022
Sold by
Ljd4 Llc
Bought by
Gordon Joyce and Remais Eric
Seller's Agent
Dan Encell
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Calcagno & Hamilton
Sotheby's International Realty
List Price
$2,250,000
Sold Price
$2,875,000
Premium/Discount to List
$625,000
27.78%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.32%
Purchase Details
Closed on
Mar 23, 2010
Sold by
Deluca Valerie and De Luca Jack
Bought by
Ljd4 Llc
Purchase Details
Closed on
Feb 11, 2010
Sold by
Deluca Valerie
Bought by
Deluca Valerie and Deluca Jack
Purchase Details
Closed on
May 22, 2009
Sold by
Deluca Valerie
Bought by
Deluca Valerie
Purchase Details
Closed on
Apr 12, 2002
Sold by
Meiners Frank J and Meiners Joan M
Bought by
Deluca John and Deluca Laurie
Purchase Details
Closed on
Aug 13, 1999
Sold by
Meiners Frank J & Joan M Trustees
Bought by
Meiners Frank J and Meiners Joan M
Purchase Details
Closed on
Aug 28, 1998
Sold by
Meiners Frank J and Meiners Joan M
Bought by
Meiners Frank J and Meiners Joan M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,950
Interest Rate
6.93%
Purchase Details
Closed on
Jul 7, 1998
Sold by
Meiners Frank J and Meiners Joan M
Bought by
Meiners Frank J and Meiners Joan M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,950
Interest Rate
6.93%
Purchase Details
Closed on
Jan 9, 1996
Sold by
Meiners Frank J and Meiners Joan M
Bought by
Meiners Frank J and Meiners Joan M
Similar Homes in Santa Barbara, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,850,000 | Fidelity National Title | |
| Grant Deed | $2,875,000 | Fidelity National Title | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | -- | Chicago Title Co | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Stewart Title | |
| Interfamily Deed Transfer | -- | Stewart Title | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $190,950 | No Value Available | |
| Previous Owner | $191,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/28/2024 10/28/24 | Sold | $2,850,000 | 0.0% | $1,514 / Sq Ft |
| 09/09/2024 09/09/24 | Off Market | $2,850,000 | -- | -- |
| 08/16/2024 08/16/24 | Pending | -- | -- | -- |
| 07/26/2024 07/26/24 | For Sale | $2,950,000 | +2.6% | $1,567 / Sq Ft |
| 02/08/2022 02/08/22 | Sold | $2,875,000 | +27.8% | $1,527 / Sq Ft |
| 01/24/2022 01/24/22 | Pending | -- | -- | -- |
| 01/17/2022 01/17/22 | For Sale | $2,250,000 | -- | $1,195 / Sq Ft |
Source: Santa Barbara Multiple Listing Service
Tax History Compared to Growth
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 | $31,654 | $2,850,000 | $1,500,000 | $1,350,000 |
| 2023 | $31,654 | $2,875,000 | $1,500,000 | $1,375,000 |
| 2022 | $14,915 | $1,362,380 | $696,041 | $666,339 |
| 2021 | $14,612 | $1,335,668 | $682,394 | $653,274 |
| 2020 | $14,358 | $1,317,024 | $675,397 | $641,627 |
| 2019 | $14,085 | $1,291,201 | $662,154 | $629,047 |
| 2018 | $13,823 | $1,265,884 | $649,171 | $616,713 |
| 2017 | $13,553 | $1,241,064 | $636,443 | $604,621 |
| 2016 | $13,164 | $1,216,730 | $623,964 | $592,766 |
| 2015 | $12,910 | $1,198,455 | $614,592 | $583,863 |
| 2014 | -- | $1,174,979 | $602,553 | $572,426 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Calcagno
M
Seller's Agent in 2024
Michael Calcagno
Berkshire Hathaway HomeServices California Properties
(805) 896-0876
55 in this area
289 Total Sales
-
C
Buyer's Agent in 2024
Calcagno & Hamilton
Sotheby's International Realty
-
Dan Encell
Seller's Agent in 2022
Dan Encell
Berkshire Hathaway HomeServices California Properties
(805) 677-2013
43 in this area
121 Total Sales
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 24-2476
APN: 009-620-013
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