NOT LISTED FOR SALE

Estimated Value: $2,769,000 - $3,068,000

5 Beds
5.5 Baths
3,609 Sq Ft
$817/Sq Ft Est. Value

Sale Details

Date Sold: July 17, 2020

Last sale price $1,875,000 $520 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $17,646 / mo

32 Days on Market

Highlights

  • Horses Allowed in Community
  • RV Access or Parking
  • Updated Kitchen
  • Ellwood Elementary School Rated A-
  • Property is near an ocean
  • Reverse Osmosis System

About This Home

As of July 2020

Look no further-THIS IS IT! 564 Vereda Parque is a premier property with attention given to every detail. In 2008 the property was taken down to the studs and completely remodeled. (Please see the extensive list of improvements under ''documents.'')
The property is located at the end of Vereda Leyenda in a very private and quiet location with only open ranch land behind the one acre parcel. A circular driveway leads to a grand front entry and additional parking in front of the 3 car garage. There are a total of 5 bedrooms and 5 1/2 baths, with a floor plan perfect for any family. There are 3 bedrooms and 3 baths plus a powder room downstairs. Private from the rest of the house, the master bedroom is upstairs with a bedroom/bath across the hall perfect for an additional bedroom or a (more) private office. A beautiful country kitchen looks out onto the expansive lawn area with a horse pasture just beyond. A gas line was installed for a pool in the event a new owner decides to have one installed. There are also several fruit trees on the property--pear, plum, orange and tangerine. See the virtual tour of this amazing home.
The "best of the West", Rancho Embarcadero is a rural community of approximately 155 homes minutes from The Bacara Resort & Spa, Sandpiper Golf Course, the Camino Real Market Place, the University of California(UCSB) and the Santa Barbara Municipal Airport. Rancho Embarcadero is a special district in the State of California called, "Embarcadero Municipal Improvement District." There are wonderful amenities maintained and funded by "EMID" to include a children's playground, a community center with a full kitchen and outside BBQ area, a horse ring, and an open meadow 18 acres with walking paths. Social functions organized by the Embarcadero Property Owners' Association are enjoyed year 'round by the residents.

Last Agent to Sell the Property

Gay Milligin

Keller Williams Realty Santa Barbara Listed on: 05/19/2020

Last Buyer's Agent

Sue Irwin

RE/MAX Santa Barbara

Home Details

Home Type

  • Single Family

Lot Details

  • 1 Acre Lot
  • Rural Setting
  • Back Yard Fenced
  • Irrigation
  • Fruit Trees
  • Lawn
  • Property is in excellent condition
  • Property is zoned E-1

Parking

  • 3 Car Direct Access Garage
  • 3 Open Parking Spaces
  • RV Access or Parking

Home Design

  • Mediterranean Architecture
  • Brick Exterior Construction
  • Raised Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,609 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Double Pane Windows
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Fire and Smoke Detector
  • Property Views

Kitchen

  • Updated Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Disposal
  • Reverse Osmosis System

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Property is near an ocean
  • Patio

Location

  • Property is near park, public transit, schools, shops, and bus stop

Schools

  • Ellwood Elementary School
  • Gol Valley Middle School
  • Dos Pueblos High School

Utilities

  • Forced Air Heating and Cooling System
  • Floor Furnace
  • Heating System Mounted To A Wall or Window
  • Underground Utilities
  • Shared Well
  • Well
  • Water Softener is Owned
  • Sewer Stub Out
  • Cable TV Available

Listing and Financial Details

  • Home Protection Policy
  • Assessor Parcel Number 079-295-007

Community Details

Overview

  • 35 Rancho Embarcadero Subdivision

Recreation

  • Horses Allowed in Community

Home Details

Home Type

Single Family

Lot Details

1 Acres

Parking

3

Listing Details

  • Directions: 101 North Exit Winchester Canyon Calle Real to Vereda Leyenda Vereda Leyenda to Vereda Parque
  • Prop. Type: Residential
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Gas Hookup, Laundry Room
  • ResoLotFeatures: Rural, Near Public Transit
  • ResoSecurityFeatures: Smoke Detector(s)
  • Subdivision Name: 35 - Rancho Embarcadero
  • Architectural Style: Other, Medit
  • Reso Flooring: Wood, Carpet, Stone
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Apx # Acres: 1.0
  • NeighborhoodSchools Elementary School: Ellwood
  • NeighborhoodSchools Junior High School: Gol Valley
  • NeighborhoodSchools High School: Dos Pueblos
  • Site Improvements Underground Util: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Smoke Detector(s)2: Yes
  • WaterSewer Sewer Hookup: Yes
  • Cooling Central Air: Yes
  • Property Information Main House SqFt: 3609.0
  • Construction Two Story2: Yes
  • Exterior BrickStone: Yes
  • ParkingGarage Gar #33: Yes
  • Proximity Near Shopping2: Yes
  • Amenities Wet Bar2: Yes
  • Appliances Included Rev Osmosis2: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • WaterSewer Pvt Well In: Yes
  • FlrWdw Coverings Stone2: Yes
  • Property Information Apx Lot SqFt: 43560.0
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • Roof:Tile2: Yes
  • Amenities Horses2: Yes
  • WaterSewer Shared Well: Yes
  • GroundsLandscaping Fenced BCK: Yes
  • ParkingGarage Total # Uncovered Spaces: 3.0
  • Site Improvements Cable TV3: Yes
  • Laundry Gas Hookup2: Yes
  • Appliances Included Wtr SoftenerOwned: Yes
  • FlrWdw Coverings Wood2: Yes
  • Pets Yes: Yes
  • Style Medit2: Yes
  • Foundation Raised: Yes
  • ParkingGarage Unc #33: Yes
  • LocationTopo Rural2: Yes
  • Amenities Protection Plan2: Yes
  • ParkingGarage RV: Yes
  • Heating Wall: Yes
  • ParkingGarage:Total _pound_ Garage Spaces: 3.0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Dishwasher, Disposal, Dryer, Gas Stove, Microwave, Rev Osmosis, Washer, Wtr Softener/Owned
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Living Room, Primary Bedroom, Family Room

Exterior Features

  • Roof: Tile
  • View: Setting
  • Construction Type: Brick, Stucco
  • Acres: 1.0
  • Topography: Rural
  • Exterior Features: Patio Open, Lawn, Fruit Trees, Yard Irrigation T/O, Fenced: BCK
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features: Gar #3, Unc #3, RV, Interior Access, Attached

Utilities

  • Cooling: Central Air
  • Heating: Floor Furnace, Forced Air, Radiant Floor, Wall
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Utilities: Underground Util
  • Water Source: Shared Well, Private
  • Heating:Forced Air: Yes
  • Heating:Radiant Floor: Yes
  • Heating:Floor Furnace: Yes

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

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

Lot Info

  • Parcel #: 079-295-007
  • Zoning: E-1
  • Lot Size Sq Ft: 43560.0

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2024
Sold by
Downs John G
Bought by
John G Downs Revocable Trust and Downs
Current Estimated Value
$2,947,066

Purchase Details

Listed on
May 19, 2020
Closed on
Jul 10, 2020
Sold by
Borgatello Mario Anthony
Bought by
Downs John G
Seller's Agent
Gay Milligin
Keller Williams Realty Santa Barbara
Buyer's Agent
Sue Irwin
RE/MAX Santa Barbara
List Price
$1,975,000
Sold Price
$1,875,000
Premium/Discount to List
-$100,000
-5.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.26%
Original Mortgage
$1,406,250
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2016
Sold by
Borgatello Ii Mario Anthony
Bought by
Borgatello Ii Mario Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,267,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2008
Sold by
Borgatello Ann Betty
Bought by
Borgatello Ii Mario Anthony

Purchase Details

Closed on
Jan 29, 2008
Sold by
Falter Harold
Bought by
Borgatello Ii Mario Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.75%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
John G Downs Revocable Trust -- None Listed On Document
Downs John G $1,875,000 Fidelity National Title Co
Borgatello Ii Mario Anthony -- First American Title Company
Borgatello Ii Mario Anthony -- Fidelity National Title Co
Borgatello Ii Mario Anthony -- Fidelity National Title Co
Borgatello Ii Mario Anthony -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Downs John G $1,406,250
Previous Owner Borgatello Ii Mario Anthony $1,267,000
Previous Owner Borgatello Ii Mario Anthony $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2020 07/17/20 Sold $1,875,000 -5.1% $520 / Sq Ft
06/20/2020 06/20/20 Pending -- -- --
05/19/2020 05/19/20 For Sale $1,975,000 -- $547 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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 $21,294 $2,029,560 $947,128 $1,082,432
2023 $21,294 $1,950,750 $910,350 $1,040,400
2022 $20,474 $1,912,500 $892,500 $1,020,000
2021 $20,135 $1,875,000 $875,000 $1,000,000
2020 $18,167 $1,725,643 $1,020,886 $704,757
2019 $17,829 $1,691,808 $1,000,869 $690,939
2018 $17,491 $1,658,637 $981,245 $677,392
2017 $17,203 $1,626,115 $962,005 $664,110
2016 $16,732 $1,594,232 $943,143 $651,089
2014 $16,246 $1,539,528 $910,780 $628,748
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-1798

Santa Barbara Multiple Listing Service

APN: 079-295-007

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