NOT LISTED FOR SALE

Estimated Value: $2,289,000 - $3,274,000

3 Beds
2 Baths
1,801 Sq Ft
$1,545/Sq Ft Est. Value

Last Sold June 28, 2013

Last sale price $1,395,000 $775 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $16,653/month

3 Days on Market

Highlights

  • Ocean View
  • Updated Kitchen
  • Wood Flooring
  • Santa Barbara Senior High School Rated A-
  • Property is near a park
  • 5-minute walk to Orpet Park

About This Home

As of June 2013

This lower Riviera hideaway offers an irresistible combination of cottage style charm & sophisticated design elements along with romantic ocean/city views and close proximity to town. Highlights include hardwood floors, gourmet kitchen, charming breakfast nook & luxurious master suite.

Last Agent to Sell the Property

Chris Palme

Coldwell Banker Realty Listed on: 05/08/2013

Last Buyer's Agent

Robert Heckes

Sotheby's International Realty License #01723319

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,943

Year Built

  • Built in 1959

Lot Details

  • 2,614 Sq Ft Lot
  • Property is in excellent condition
  • Property is zoned R-2

Parking

  • Garage

Property Views

  • Ocean
  • City

Home Design

  • Cottage
  • Tri-Level Property
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,801 Sq Ft Home
  • Double Pane Windows
  • Family Room
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Built-In Oven
  • Built-In Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms

Outdoor Features

  • 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
  • City Lot

Schools

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

Utilities

  • Forced Air Heating System
  • Tankless Water Heater
  • Sewer Stub Out

Community Details

  • 15 Riviera/Lower Subdivision
  • Laundry Facilities

Listing and Financial Details

  • Exclusions: Other
  • Assessor Parcel Number 025-346-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,943

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Directions: Pedregosa to Grand Ave. turn left & Sierra is on the right. APS to Arguello, turn on Grand Ave. and Sierra in on the right.
  • Prop. Type: Residential
  • Year Built: 1959
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Common Area
  • ResoLotFeatures: Near Public Transit
  • Subdivision Name: 15 - Riviera/Lower
  • Architectural Style: Cal Cottage
  • Reso Flooring: Hardwood
  • Garage Yn: Yes
  • Unit Levels: Tri-Level
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1959
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.06
  • NeighborhoodSchools Elementary School: Roosevelt
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Property Information Within City Limits: Yes
  • Condition Excellent: Yes
  • Style Cal Cottage: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Patio Open2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Amenities Dual Pane Window2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Proximity Near Shopping2: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Proximity Near Bus: Yes
  • ViewOcean: Yes
  • Laundry Common Area2: Yes
  • View City4: Yes
  • Construction Tri-Level2: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Tankless Water Heater, Oven/Rnge/Blt-In, Dishwasher, Disposal
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Appliances Included:Tankless Water Heater: Yes

Exterior Features

  • Roof: Composition
  • View: Ocean, City
  • Construction Type: Stucco
  • Acres: 0.06
  • Exclusions: Other
  • Exterior Features: Patio Open
  • Foundation Details: Slab

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • 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 #: 025-346-005
  • Zoning: R-2
  • Lot Size Sq Ft: 2613.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2013
Closed on
Jun 18, 2013
Sold by
Mequet Shari
Bought by
Thompson Vincent Sean and Thompson Jacklen Owens
Seller's Agent
Chris Palme
Coldwell Banker Realty
Buyer's Agent
Robert Heckes
Sotheby's International Realty
List Price
$1,395,000
Sold Price
$1,395,000
Current Estimated Value
$2,781,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,386,924
Avg. Annual Appreciation
6.03%
Original Mortgage
$625,000
Outstanding Balance
$141,549
Interest Rate
2.63%
Mortgage Type
New Conventional
Estimated Equity
$2,701,335

Purchase Details

Closed on
Sep 3, 2009
Sold by
Mequet Shari
Bought by
Mequet Shari

Purchase Details

Closed on
Jul 13, 2009
Sold by
Campbell Julianne E
Bought by
Mequet Shari

Purchase Details

Closed on
Jun 30, 2009
Sold by
Fredericksen Brian
Bought by
Campbell Julianne E

Purchase Details

Closed on
Apr 18, 2003
Sold by
The Frederiksen & Campbell Living Trust and Frederiksen Brian
Bought by
Frederiksen Brian and Campbell Julianne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.11%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 13, 2002
Sold by
Frederiksen Brian and Campbell Julianne Elizabeth
Bought by
Frederiksen Brian and Campbell Julianne E

Purchase Details

Closed on
Apr 23, 2002
Sold by
Frederiksen Brian
Bought by
Campbell Julianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 2002
Sold by
Campbell Julianne
Bought by
Frederiksen Brian and Campbell Julianne Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2001
Sold by
Pomerantz Mark Ford
Bought by
Pomerantz Mark Ford and Pomerantz Laure C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,050
Interest Rate
6.15%
Mortgage Type
Stand Alone First
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
Thompson Vincent Sean $1,395,000 Fidelity National Title Co
Mequet Shari -- None Available
Mequet Shari $1,125,000 Fidelity National Title Co
Campbell Julianne E -- Fidelity National Title Co
Frederiksen Brian -- Stewart Title Of Ca Inc
Frederiksen Brian -- --
Campbell Julianne -- Lawyers Title Company
Frederiksen Brian -- Lawyers Title Company
Campbell Julianne -- Lawyers Title Company
Pomerantz Mark Ford -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Vincent Sean $625,000
Previous Owner Frederiksen Brian $400,000
Previous Owner Frederiksen Brian $150,000
Previous Owner Frederiksen Brian $546,000
Previous Owner Campbell Julianne $548,000
Previous Owner Campbell Julianne $548,000
Previous Owner Pomerantz Mark Ford $120,050
Previous Owner Pomerantz Mark Ford $200,000
Previous Owner Pomerantz Mark Ford $126,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2013 06/28/13 Sold $1,395,000 0.0% $775 / Sq Ft
05/11/2013 05/11/13 Pending -- -- --
05/08/2013 05/08/13 For Sale $1,395,000 -- $775 / 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 $17,943 $1,717,830 $486,407 $1,231,423
2023 $17,943 $1,651,126 $467,520 $1,183,606
2022 $17,311 $1,618,752 $458,353 $1,160,399
2021 $16,913 $1,587,013 $449,366 $1,137,647
2020 $16,739 $1,570,741 $444,759 $1,125,982
2019 $16,446 $1,539,943 $436,039 $1,103,904
2018 $16,212 $1,509,749 $427,490 $1,082,259
2017 $15,677 $1,480,147 $419,108 $1,061,039
2016 $15,310 $1,451,126 $410,891 $1,040,235
2014 $14,894 $1,401,333 $396,793 $1,004,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 13-1500

Santa Barbara Multiple Listing Service

APN: 025-346-005