NOT LISTED FOR SALE

Estimated Value: $1,425,000 - $1,593,000

3 Beds
2 Baths
1,745 Sq Ft
$852/Sq Ft Est. Value

Last Sold July 25, 2023

Last sale price $1,380,000 $791 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $9,624/month

16 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Tennis Courts
  • Kellogg Elementary School Rated A
  • Community Pool
  • Cottage

About This Home

As of July 2023

Welcome to this three bedroom two bath California cottage style property, located in the cheerful Village Terrace development. This serene and picturesque single-level home features high ceilings, natural light, wood floors, and fluid floor plan. An inviting fireplace adorns the living area, making it the perfect spot to curl up with a good book or enjoy quality time with loved ones. The living area showcases an adjoining dining area, with French doors leading outdoors. The peaceful outdoor space can be utilized to entertain guests, dine al fresco, or simply unwind after a long day, making it effortless to enjoy Santa Barbara's year long sunshine.
As you make your way to the kitchen, featuring stainless steel appliances, notice the convenient in-kitchen dining area, and French doors and windows casting ample natural light. One of three bedrooms features a private patio, while the primary bedroom opens to the back patio and dazzles with a tastefully remodeled ensuite bathroom and spacious walk-in closet. Luxury and relaxation, here you come! Finally, the laundry room leads to the attached spacious two car garage. Located near shopping and restaurants in Kellogg School District. The tranquil neighborhood provides a sense of calm and privacy, welcome home!

Last Agent to Sell the Property

Maureen McDermut

Sotheby's International Realty License #01175027 Listed on: 04/11/2023

Last Buyer's Agent

Roberta McGinnis

Gowing Properties License #00628934

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1987

Lot Details

  • Cul-De-Sac
  • Partially Fenced Property
  • Property is in excellent condition
  • Property is zoned PUD

HOA Fees

  • $555 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Cottage
  • Slab Foundation
  • Shake Roof
  • Stucco

Interior Spaces

  • 1,745 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

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

Schools

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

Additional Features

  • Covered Patio or Porch
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 069-650-042

Community Details

Overview

  • Village Terrace Community

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 1987

Lot Details

0

HOA Fees

$555 per month

Listing Details

  • Association Fee: $555
  • Prop. Type: Residential
  • Year Built: 1987
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Cul-De-Sac, Near Public Transit
  • Reso Association Amenities: Tennis Court(s), Pool, Play Area
  • Architectural Style: Cal Cottage
  • Reso Flooring: Hardwood
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1987
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Kellogg
  • NeighborhoodSchools Junior High School: Gol Valley
  • NeighborhoodSchools High School: Dos Pueblos
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Style Cal Cottage: Yes
  • Construction Single Story2: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Patio Open2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Near Bus: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • Location Info Development Name: Village Terrace
  • AssocPark Amenities Pool4: Yes
  • AssocPark Amenities Play Area: Yes
  • LocationTopo Cul-De-Sac2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • AssocPark Amenities Tennis Court(s)2: Yes
  • Roof Shake: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Dishwasher, Dryer, Microwave, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room

Exterior Features

  • Roof: Shake
  • Construction Type: Stucco
  • Exterior Features: Patio Open, Patio Covered, Fenced: PRT
  • Foundation Details: Slab

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Goleta Wtr
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 069-650-042
  • Zoning: PUD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2023
Sold by
Mercado Nelly
Bought by
Franco Alan Mercado Supplemental Needs Trust and Skov
Current Estimated Value
$1,486,406

Purchase Details

Closed on
Dec 10, 2009
Sold by
Luy Christopher W and Luy Joyce M
Bought by
Luy Christopher W and Luy Joyce M

Purchase Details

Closed on
Oct 12, 2000
Sold by
Cannon Terry L and Cannon Stephanie M
Bought by
Luy Christopher W and Luy Joyce M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,000
Interest Rate
8.12%
Mortgage Type
Purchase Money Mortgage
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
Franco Alan Mercado Supplemental Needs Trust -- None Listed On Document
Luy Christopher W -- None Available
Luy Christopher W $482,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Luy Christopher W $386,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2023 07/25/23 Sold $1,380,000 -1.1% $791 / Sq Ft
04/26/2023 04/26/23 Pending -- -- --
04/10/2023 04/10/23 For Sale $1,395,000 -- $799 / 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 $15,096 $1,407,600 $703,800 $703,800
2023 $15,096 $698,800 $347,589 $351,211
2022 $7,776 $685,099 $340,774 $344,325
2021 $7,651 $671,667 $334,093 $337,574
2020 $7,457 $664,781 $330,668 $334,113
2019 $7,326 $651,747 $324,185 $327,562
2018 $7,174 $638,969 $317,829 $321,140
2017 $7,048 $626,442 $311,598 $314,844
2016 $6,834 $614,160 $305,489 $308,671
2014 $6,686 $593,087 $295,007 $298,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-926

Santa Barbara Multiple Listing Service

APN: 069-650-042