NOT LISTED FOR SALE

62 Olive Mill Rd Santa Barbara, CA 93108

Estimated Value: $2,606,000 - $3,501,000

3 Beds
3.5 Baths
1,875 Sq Ft
$500/mo HOA Fee

Last Sold August 31, 2016

Last sale price $1,270,000 $677 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $17,392/month

81 Days on Market

Highlights

  • Property is near an ocean
  • Mediterranean Architecture
  • Views
  • Santa Barbara Senior High School Rated A-
  • Formal Dining Room
  • Patio

About This Home

As of August 2016

Immaculate and revamped 3 bedroom, 2.5 bath town home is the ultimate beach getaway. Nestled in between gorgeous Butterfly Beach and charming Coast Village Road, this town home has it all! The owners created a lovely retreat complete with new paint, new carpet and breathtaking landscaping. The ideal floor plan begins with rounded archways that lead to a sunken living room. The grand living room offers a fireplace and expansive sunlit windows. The lush outdoor area is a great entertaining space with a private patio and meandering pathways. Rarely do homes offer such incredible incorporation of indoor/outdoor space. The spacious bedrooms all feature outdoor balconies bringing in light and ocean air. This unit comes complete with a two car garage with direct access into the home.

Last Agent to Sell the Property

The Easter Team

Berkshire Hathaway HomeServices California Properties License #00917775 Listed on: 08/01/2016

Last Buyer's Agent

Non Member Agent

Non Member Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,671

Year Built

  • Built in 1986

Lot Details

  • Property is in good condition

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,875 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Stove
  • Laundry Room
  • Property Views

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

Outdoor Features

  • Property is near an ocean
  • Patio

Location

  • Property is near schools
  • Property is near shops

Schools

  • Mont Union Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Forced Air Heating System
  • Shared Well

Listing and Financial Details

  • Assessor Parcel Number 009-580-004

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,671

Year Built

Built in 1986

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Association Fee: 500.00
  • Prop. Type: Residential
  • Year Built: 1986
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level
  • ResoSecurityFeatures: Smoke Detector(s)
  • Architectural Style: Medit
  • Reso Flooring: Carpet, Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1986
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • LocationTopo Level: Yes
  • Property Information Within City Limits: No
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Patio Open2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near School(s)2: Yes
  • Laundry Laundry Room2: Yes
  • Fireplace(s) LR: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Dining Formal2: Yes
  • Property Information Apx Lot SqFt: 1875.0
  • Condition Good2: Yes
  • FlrWdw Coverings Carpet: Yes
  • WaterSewer Shared Well: Yes
  • Pets Yes: Yes
  • Style Medit2: Yes
  • Appliances Included Elect Stove2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Elect Stove
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: LR

Exterior Features

  • View: Setting
  • Construction Type: Stucco
  • Acres: 0.04
  • Topography: Level
  • Exterior Features: Patio Open
  • Foundation Details: Slab

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Shared Well
  • Heating:Forced Air: Yes

Schools

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

Lot Info

  • Parcel #: 009-580-004
  • Zoning: CLA
  • Lot Size Sq Ft: 1875.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2021
Sold by
Russell Croyle William
Bought by
Croyle Family 2006 Revocable Trust
Current Estimated Value
$2,882,845

Purchase Details

Listed on
Aug 1, 2016
Closed on
Jul 8, 2016
Sold by
Croyle William R and Croyle Kim
Bought by
Minasian Lawrence J
Seller's Agent
The Easter Team
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$1,339,000
Sold Price
$1,270,000
Premium/Discount to List
-$69,000
-5.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.50%
Original Mortgage
$936,625
Interest Rate
3.48%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 29, 2006
Sold by
Croyle William R and Croyle Elcena T
Bought by
Croyle William R and Croyle Elcena T
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
Croyle Family 2006 Revocable Trust -- --
Minasian Lawrence J $1,254,500 Chicago Title Company
Croyle William R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Minasian Lawrence J $936,625
Previous Owner Croyle William R $69,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2016 08/31/16 Sold $1,270,000 0.0% $677 / Sq Ft
08/31/2016 08/31/16 Sold $1,270,000 -5.2% $677 / Sq Ft
08/12/2016 08/12/16 Pending -- -- --
08/12/2016 08/12/16 Pending -- -- --
05/23/2016 05/23/16 For Sale $1,339,000 0.0% $714 / Sq Ft
05/10/2016 05/10/16 For Sale $1,339,000 -- $714 / 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 $15,671 $1,473,940 $736,970 $736,970
2023 $15,671 $1,416,706 $708,353 $708,353
2022 $15,121 $1,388,928 $694,464 $694,464
2021 $14,813 $1,361,696 $680,848 $680,848
2020 $14,671 $1,347,734 $673,867 $673,867
2019 $14,395 $1,321,308 $660,654 $660,654
2018 $14,127 $1,295,400 $647,700 $647,700
2017 $13,852 $1,270,000 $635,000 $635,000
2016 $5,536 $478,265 $222,641 $255,624
2014 $5,300 $461,855 $215,002 $246,853
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 16-1751

Santa Barbara Multiple Listing Service

APN: 009-580-004