NOT LISTED FOR SALE

600 Cima Vista Ln Santa Barbara, CA 93108

Estimated Value: $7,202,000

6 Beds
0.5 Bath
7,933 Sq Ft
$908/Sq Ft Est. Value

Last Sold April 25, 2014

Last sale price $9,725,000 $1,226 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $49,713/month

About This Home

As of April 2015

Exquisite gated Mediterranean reminiscent of the Italian countryside & situated on a private 11+ acre parcel with panoramic ocean, harbor & mountain views. Finest detailing throughout, 5 bed, 5.5 ba main house + a 1 bedroom guest house w/separate gated drive. Garages for 5 cars, designed by Marc Appleton, built by Paul Franz & landscaped by Sidney Baumgartner. $45k/month for under 1 year rental. Available now, as Furnished/Unfurnished @ $45k, offered monthly or long-term.

Last Agent to Rent the Property

Mary Whitney

Berkshire Hathaway HomeServices California Properties License #01144746 Listed on: 04/28/2014

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $125,651

Year Built

  • 2002

Lot Details

  • Property is in excellent condition

Home Design

  • Mediterranean Architecture

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 0.5 Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$125,651

Year Built

2002

Lot Details

0

Listing Details

  • Prop. Type: ResidentialLease
  • Reso Property Sub Type: Home/Estate
  • Architectural Style: Medit
  • New Construction: No
  • Reso Property Condition: Excellent
  • Condition Excellent: Yes
  • Property Information Total Bathrooms2: 7.5
  • Style Medit: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2002

Interior Features

  • Half Bathrooms: 1
  • Total Bedrooms: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2012
Closed on
Apr 2, 2014
Sold by
Goodman Melinda K
Bought by
Sbca House Llc
Seller's Agent
Gregg Leach
Village Properties
Buyer's Agent
Robert Riskin
Village Properties
List Price
$12,950,000
Sold Price
$9,725,000
Premium/Discount to List
-$3,225,000
-24.9%
Current Estimated Value
$7,202,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,523,000
Avg. Annual Appreciation
-2.62%
Original Mortgage
$3,000,000
Outstanding Balance
$2,179,187
Interest Rate
3.05%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,022,813

Purchase Details

Closed on
Jan 19, 2011
Sold by
Goodman Melinda K
Bought by
Goodman Melinda K

Purchase Details

Closed on
Mar 9, 2000
Sold by
Remeva Llc
Bought by
Goodman Marvin L and Goodman Melinda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
8.38%
Mortgage Type
Seller Take Back
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 Buyer Sale Price Title Company
Sbca House Llc -- Fidelity National Title Co
Goodman Melinda K -- None Available
Goodman Marvin L -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sbca House Llc $3,000,000
Previous Owner Goodman Marvin L $1,000,000
Previous Owner Goodman Marvin L $100,000
Previous Owner Goodman Marvin L $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2015 04/24/15 Rented $41,000 0.0% --
03/25/2015 03/25/15 Under Contract -- -- --
04/28/2014 04/28/14 For Rent $41,000 0.0% --
04/25/2014 04/25/14 Sold $9,725,000 -24.9% $1,226 / Sq Ft
03/27/2014 03/27/14 Pending -- -- --
10/12/2012 10/12/12 For Sale $12,950,000 -- $1,632 / 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 $125,651 $11,921,512 $6,129,313 $5,792,199
2023 $125,651 $11,458,587 $5,891,305 $5,567,282
2022 $122,322 $11,233,910 $5,775,790 $5,458,120
2021 $119,845 $11,013,639 $5,662,540 $5,351,099
2020 $118,752 $10,900,709 $5,604,478 $5,296,231
2019 $114,278 $10,686,971 $5,494,587 $5,192,384
2018 $112,512 $10,477,423 $5,386,850 $5,090,573
2017 $110,501 $10,271,984 $5,281,226 $4,990,758
2016 $108,522 $10,070,573 $5,177,673 $4,892,900
2014 $56,664 $5,410,520 $2,729,435 $2,681,085
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: RN-11587

Santa Barbara Multiple Listing Service

APN: 155-250-006