NOT LISTED FOR SALE

Estimated Value: $2,633,000 - $3,531,000

4 Beds
4 Baths
2,201 Sq Ft
$1,379/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $1,649,000 $749 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $17,418/month

59 Days on Market

Highlights

  • Ocean View
  • Updated Kitchen
  • Property is near park, public transit, schools, shops, and bus stop
  • Santa Barbara Senior High School Rated A-
  • Fruit Trees
  • 4-minute walk to Orpet Park

About This Home

As of August 2020

Beautifully renovated and meticulously maintained California Country Cottage in a prime location on the SB Lower Riviera.Perfectly situated with ocean and city views from the 2nd floor master suite. Luxuriously updated in 2002 and 2006 when a 2nd story addition was added with elevator, huge master w/ bonus room (possibly his/hers) and an adjacent guest bedroom. This 4 bed/4 bath home features 2 large screened in porches, an 1100 sq ft storage space in the attic, gleaming wood floors, crown moldings, tankless water heater, fireplace in LR, A/C, landscaped gardens with fruit trees and meandering pathways all within walking distance to downtown SB, Orpet Park, the Mission and coveted Roosevelt school. Great low maintenance vacation retreat or dual living possibilities.A turn-key home. The home offers a main floor master bedroom with attached screened- in porch truly bringing the outside in.The original sandstone foundation was replaced in 2004 with a new deeper reinforced concrete foundation. There was a new roof over the sub-porch plus a new drip irrigation system. Over a dozen fruit trees, colorful flower gardens and an herb garden can be seen and enjoyed from every room. Dual pane windows upstairs with screens on all the windows throughout the house. The kitchen was remodeled in 2006. All new insulation in the attic. 2 sheds included in the sale. This home is perched in a historically significant neighborhood just a stones through away from everything that Santa Barbara has to offer.

Last Agent to Sell the Property

Wendy Gronsky

Keller Williams Realty Santa Barbara License #01834350 Listed on: 05/19/2020

Keller Williams Realty Santa Barbara

Last Buyer's Agent

Katinka Goertz

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1926

Lot Details

  • 5,663 Sq Ft Lot
  • Back Yard Fenced
  • Corner Lot
  • Irrigation
  • Fruit Trees
  • Lawn
  • Property is in excellent condition

Property Views

  • Ocean
  • City

Home Design

  • Cottage
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 2,201 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Area
  • Sun or Florida Room
  • Wood Flooring
  • Video Cameras

Kitchen

  • Updated Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Remodeled Bathroom
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • 220 Volts In Laundry

Outdoor Features

  • Enclosed Patio or Porch
  • Shed

Location

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

Schools

  • Roosevelt Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater
  • Water Softener Leased

Community Details

  • 15 Riviera/Lower Subdivision

Listing and Financial Details

  • Assessor Parcel Number 027-061-001

Home Details

Home Type

Single Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Directions: East of State on Pedregosa. House on the right. On corner of Grand and Pedregosa. It is set-back from the street.
  • Prop. Type: Residential
  • Year Built: 1926
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: 220V Elect
  • ResoLotFeatures: Corner Lot, Near Public Transit
  • ResoSecurityFeatures: Security Camera
  • Subdivision Name: 15 - Riviera/Lower
  • Architectural Style: Cal Cottage
  • Reso Flooring: Wood
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1926
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.13
  • NeighborhoodSchools Elementary School: Roosevelt
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Property Information ADU: No
  • Property Information Within City Limits: Yes
  • Condition Excellent: Yes
  • Style Cal Cottage: Yes
  • Roof:Composition: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Dining Area2: 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 Range2: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Cooling Central Air: Yes
  • Property Information Main House SqFt: 2201.0
  • Construction Two Story2: Yes
  • LocationTopo Corner Lot2: Yes
  • Proximity Near Shopping2: Yes
  • Security Security Camera2: Yes
  • Proximity Near Bus: Yes
  • Other Buildings Shed: Yes
  • ViewOcean: Yes
  • GroundsLandscaping Fenced BCK: Yes
  • Laundry:_two_20V Elect2: Yes
  • FlrWdw Coverings Wood2: Yes
  • Pets Yes: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Foundation Raised: Yes
  • View City4: Yes
  • Rooms Patio Enclosed2: Yes
  • Appliances Included Wtr Softener Leased: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Tankless Water Heater, Dishwasher, Disposal, Dryer, Microwave, Washer, Wtr Softener Leased
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: LR
  • Appliances Included:Tankless Water Heater: Yes
  • Other Rooms:Sun Room2: Yes

Exterior Features

  • Roof: Composition
  • View: Ocean, City, Setting
  • Construction Type: Other
  • Acres: 0.13
  • Exterior Features: Other, Patio Covered, Lawn, Fruit Trees, Yard Irrigation T/O, Fenced: BCK
  • Foundation Details: Raised
  • Patio And Porch Features: Enclosed

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: SB Wtr
  • Heating:Forced Air: Yes

Schools

  • Elementary School: Roosevelt
  • High School: S.B. Sr.
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 027-061-001
  • Zoning: R-1
  • Lot Size Sq Ft: 5662.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2020
Closed on
Aug 8, 2020
Sold by
Morguelan Fred N and Morguelan Lorie
Bought by
Lesselyong Frank E and Bayham Lesselyong Jane
Seller's Agent
Wendy Gronsky
Keller Williams Realty Santa Barbara
Buyer's Agent
Katinka Goertz
Sotheby's International Realty
List Price
$1,749,000
Sold Price
$1,649,000
Premium/Discount to List
-$100,000
-5.72%
Current Estimated Value
$3,034,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,385,113
Avg. Annual Appreciation
11.91%

Purchase Details

Closed on
Feb 17, 2009
Sold by
Morguelan Fred N and Robinson Morguelan Lorie
Bought by
Morguelan Fred N and Morguelan Lorie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2008
Sold by
Morguelan Fred and Robinson Morguelan Lorie
Bought by
Morguelan Fred N and Morguelan Lorie

Purchase Details

Closed on
Sep 20, 2002
Sold by
Williams Robert A
Bought by
Morguelan Fred and Robinson Morguelan Lorie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.22%

Purchase Details

Closed on
Nov 26, 2001
Sold by
Williams Ronda L
Bought by
Williams Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,200
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2001
Sold by
Gastwirth Madge
Bought by
Williams Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,200
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lesselyong Frank E $1,649,000 Fidelity National Title Co
Morguelan Fred N -- Lawyers Title Company
Morguelan Fred N -- Lawyers Title Company
Morguelan Fred N -- None Available
Morguelan Fred $820,000 Fidelity National Title Co
Williams Robert A -- Lawyers Title Company
Williams Robert A -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morguelan Fred N $417,000
Previous Owner Morguelan Fred $650,000
Previous Owner Williams Robert A $441,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2020 08/17/20 Sold $1,649,000 -5.7% $749 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
05/19/2020 05/19/20 For Sale $1,749,000 -- $795 / 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 $18,638 $1,784,927 $893,005 $891,922
2023 $18,638 $1,715,619 $858,330 $857,289
2022 $17,982 $1,681,980 $841,500 $840,480
2021 $17,569 $1,649,000 $825,000 $824,000
2020 $15,267 $1,438,622 $953,504 $485,118
2019 $14,999 $1,410,414 $934,808 $475,606
2018 $14,784 $1,382,760 $916,479 $466,281
2017 $14,294 $1,355,648 $898,509 $457,139
2016 $13,967 $1,329,068 $880,892 $448,176
2014 $13,585 $1,283,462 $850,665 $432,797
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-1796

Santa Barbara Multiple Listing Service

APN: 027-061-001