NOT LISTED FOR SALE

561 Mills Way Goleta, CA 93117

Estimated Value: $931,000 - $1,186,000

2 Beds
2 Baths
1,278 Sq Ft
$420/mo HOA Fee

Last Sold April 20, 2018

Last sale price $605,000 $473 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $6,563/month

7 Days on Market

Highlights

  • Property is near an ocean
  • Updated Kitchen
  • Contemporary Architecture
  • Isla Vista Elementary School Rated A
  • Clubhouse
  • Property is near a park

About This Home

As of April 2018

Convenience, Location and Privacy and so much more! Located at the end of the cul-de-sac, this two bedroom two bath single level condo offers privacy and convenience for someone looking for an alternative to a single family home. This home has a large master suite with organized closet space . Spacious public rooms with abundant natural light, two private enclosed patios, fire pit and remodeled kitchen home makes for great entertaining. The complex offers a pool and clubhouse, and is adjacent to the West Campus open spaces and Girsh Park. Meadowtree is a live work and play community, located minutes from the Camino Real Market Place, UCSB and the Goleta Business Corridor, beaches, golf and Ice in Paradise skating rink.

Last Agent to Sell the Property

Gary Welterlen

Village Properties - 1 License #01894704 Listed on: 02/28/2018

Co-Listed By

Carla Reeves

Village Properties - 1

Last Buyer's Agent

Jonathan Gilkeson

Keller Williams Realty Santa Barbara

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,490

Year Built

  • Built in 1968

Lot Details

  • End Unit
  • Property is in excellent condition

HOA Fees

  • $420 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,278 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Park or Greenbelt Views

Kitchen

  • Updated Kitchen
  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Home Security

Accessible Home Design

  • Grip-Accessible Features
  • Accessible Bathroom Fixtures
  • Doors are 32 inches wide or more
  • Stepless Entry
  • Hand Rail

Outdoor Features

  • Property is near an ocean
  • Patio

Location

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

Schools

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

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 073-290-001

Community Details

Overview

  • Association fees include insurance, earthquake insurance, prop mgmt, comm area maint, exterior maint, security
  • $250 HOA Transfer Fee
  • 2 Buildings
  • 2 Units
  • Meadowtree Community

Amenities

  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,490

Year Built

Built in 1968

Lot Details

0

HOA Fees

$420 per month

Listing Details

  • Association Fee: 420
  • Association Transfer Fee: 250
  • Directions: 101 North, left on Storke Rd, right on Phelps, left on Mills Way, proceed to end. House on right.
  • Prop. Type: Residential
  • Year Built: 1968
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Gas Hookup, In Garage
  • ResoLotFeatures: Level, Near Public Transit
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Clubhouse, Pool
  • Reso Association Fee Includes: Insurance, Earthquake Insurance, Prop Mgmt, Comm Area Maint, Exterior Maint, Security
  • Co List Office Mls Id: vip01
  • Co List Office Phone: 805-681-8800
  • Reso Accessibility Features: Wide Doors, Hand Rails, Bathroom Fixtures
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Entry Lvl(No Stairs), Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1968
  • Property Information Total #Units: 2
  • NeighborhoodSchools Elementary School: Isla Vista
  • NeighborhoodSchools Junior High School: Gol Valley
  • NeighborhoodSchools High School: Dos Pueblos
  • LocationTopo Level: Yes
  • Site Improvements Underground Util: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Construction Entry Lvl(No Stairs)2: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Patio Open2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Gas Stove3: Yes
  • Fireplace(s) LR: Yes
  • Security Smoke Detector(s)2: Yes
  • Proximity Near Shopping2: Yes
  • Dining In Kitchen4: Yes
  • Proximity Near Bus: Yes
  • Style:Contemporary2: Yes
  • Location Info Development Name: Meadowtree
  • View Green Belt2: Yes
  • Laundry In Garage2: Yes
  • CondoCO-OPPUD Attached7: Yes
  • AssocPark Amenities Pool4: Yes
  • Site Improvements Cable TV3: Yes
  • Laundry Gas Hookup2: Yes
  • Pets Yes: Yes
  • CondoCO-OPPUD End Unit: Yes
  • AssocPark Amenities Clubhouse: Yes
  • AssocPark Fee Incl Security2: Yes
  • Handicapped Access Wide Doors2: Yes
  • Handicapped Access Hand Rails2: Yes
  • Handicapped Access Bathroom Fixtures2: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Refrigerator, Dishwasher, Disposal, Gas Stove
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: LR

Exterior Features

  • Roof: Composition
  • View: Setting, Green Belt
  • Construction Type: Stucco
  • Topography: Level
  • Common Walls: End Unit
  • Exterior Features: Patio Open
  • Foundation Details: Slab

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Utilities: Underground Util
  • Water Source: Goleta Wtr
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 420.0
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 073-290-001
  • Zoning: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2018
Closed on
Apr 12, 2018
Sold by
Marshall Amanda Sverre Nybro and Marshall Jonathan David
Bought by
Mcmurtrey Banks Sara Lynn and Mcmurtrey Banks Logan Louis
Seller's Agent
Gary Welterlen
Village Properties - 1
Buyer's Agent
Jonathan Gilkeson
Keller Williams Realty Santa Barbara
List Price
$579,000
Sold Price
$605,000
Premium/Discount to List
$26,000
4.49%
Current Estimated Value
$1,007,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$402,985
Avg. Annual Appreciation
7.53%
Original Mortgage
$484,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 6, 2014
Closed on
Oct 2, 2014
Sold by
Lewis Traci R and Scott Deborah L
Bought by
Marshall Amanda Sverre Nybro and Marshall Jonathan David
Seller's Agent
Berni Bernstein
Coastal Properties
Buyer's Agent
Gary Welterlen
Village Properties - 1
List Price
$550,000
Sold Price
$538,500
Premium/Discount to List
-$11,500
-2.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.37%
Original Mortgage
$430,800
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 8, 2011
Sold by
Stoop Carol Anne
Bought by
Lewis Traci R and Scott Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,705
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 10, 2009
Sold by
Stoop Carol Anne
Bought by
Stoop Carol Anne

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
5.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2009
Sold by
Forrest Virginia A
Bought by
Stoop Carol

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
5.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 1995
Sold by
Holda Frank and Holda Marianna Sekowska
Bought by
Forrest Virginia

Purchase Details

Closed on
Mar 6, 1995
Sold by
Holda Frank P
Bought by
Holda Frank P and Holda Marianna Sekowska
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
Mcmurtrey Banks Sara Lynn $605,000 First American Title
Marshall Amanda Sverre Nybro $538,500 Chicago Title Company
Lewis Traci R $485,000 Chicago Title Company
Stoop Carol Anne -- None Available
Stoop Carol -- Chicago Title Company
Forrest Virginia $198,000 Equity Title Company
Holda Frank P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmurtrey Banks Sara Lynn $415,000
Closed Mcmurtrey Banks Sara Lynn $417,000
Closed Mcmurtrey Banks Sara Lynn $484,000
Previous Owner Marshall Amanda Sverre Nybro $430,800
Previous Owner Lewis Traci R $472,705
Previous Owner Stoop Carol $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2018 04/20/18 Sold $605,000 +4.5% $473 / Sq Ft
03/07/2018 03/07/18 Pending -- -- --
02/28/2018 02/28/18 For Sale $579,000 +7.5% $453 / Sq Ft
10/17/2014 10/17/14 Sold $538,500 -2.1% $421 / Sq Ft
09/17/2014 09/17/14 Pending -- -- --
08/05/2014 08/05/14 For Sale $550,000 -- $430 / 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 $7,490 $688,380 $344,190 $344,190
2023 $7,490 $661,652 $330,826 $330,826
2022 $7,124 $648,680 $324,340 $324,340
2021 $7,005 $635,962 $317,981 $317,981
2020 $6,822 $629,442 $314,721 $314,721
2019 $6,697 $617,100 $308,550 $308,550
2018 $6,268 $568,798 $284,399 $284,399
2017 $6,168 $557,646 $278,823 $278,823
2016 $6,020 $546,712 $273,356 $273,356
2015 $5,934 $538,500 $269,250 $269,250
2014 -- $496,945 $247,960 $248,985
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 18-705

Santa Barbara Multiple Listing Service

APN: 073-290-001