NOT LISTED FOR SALE

Estimated Value: $4,058,000 - $5,215,000

4 Beds
3.5 Baths
3,256 Sq Ft
$1,462/Sq Ft Est. Value

Last Sold March 17, 2021

Last sale price $3,000,000 $921 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $28,777/month

65 Days on Market

Highlights

  • Accessory Dwelling Unit (ADU)
  • Outdoor Pool
  • City View
  • Vieja Valley Elementary School Rated A
  • Property is near an ocean
  • 2.41 Acre Lot

About This Home

As of March 2021

Design your Dream! Stunning surround views in coveted Hope Ranch. Rare offering. Currently in mid-renovation, new buyer options/wishes/desires and add-ons can easily be accommodated. Residing atop a private hilltop overlook with elegant gated entrance and custom motor court, situated upon approximately 2.41 acres, the world is yours in this 4 BD 3 Bath home with pool, guest house and expansive entertainment space. Room to expand and create space for horses, gardens.

Last Agent to Sell the Property

Charley Pavlosky

Coldwell Banker Realty License #01904821 Listed on: 11/23/2020

Coldwell Banker Realty

Last Buyer's Agent

Kimberly Rockwell

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,086

Year Built

  • Built in 1987

Lot Details

  • 2.41 Acre Lot
  • Fenced
  • Lot Has A Rolling Slope
  • Irrigation
  • Fruit Trees
  • Drought Tolerant Landscaping
  • Property is in excellent condition
  • Property is zoned CLA

Parking

  • Garage

Property Views

  • City
  • Mountain

Home Design

  • Contemporary Architecture
  • Mediterranean Architecture
  • Split Level Home
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,256 Sq Ft Home
  • Wet Bar
  • Family Room with Fireplace
  • Dining Area
  • Home Office
  • Fire and Smoke Detector
  • Breakfast Area or Nook
  • Laundry Room
  • Basement

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • Outdoor Pool
  • Spa

Outdoor Features

  • Property is near an ocean
  • Deck
  • Patio
  • Built-In Barbecue

Additional Homes

  • Accessory Dwelling Unit (ADU)

Location

  • Property is near a park
  • Property near a hospital
  • Property is near schools
  • Property is near shops

Schools

  • Vieja Valley Elementary School
  • Lacolina Middle School
  • San Marcos High School

Utilities

  • Forced Air Heating and Cooling System
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 061-292-015

Community Details

Overview

  • HOA YN
  • Association fees include prop mgmt, comm area maint, security
  • Greenbelt
  • Planned Unit Development

Recreation

  • Tennis Courts
  • Community Playground

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,086

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Association Fee: 2019 Annual $2,525
  • Directions: From Via Tranquila take Via Trepadora. Property is also accessible from Vieja Drive.
  • Prop. Type: Residential
  • Year Built: 1987
  • Reso Property Sub Type: PUD
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Rolling Slope
  • ResoSecurityFeatures: Fire Alarm
  • Reso Association Amenities: Other, Tennis Court(s), Play Area, Greenbelt, Security
  • Reso Association Fee Includes: Prop Mgmt, Comm Area Maint, Security
  • Architectural Style: Contemporary, Medit
  • Reso Flooring: Carpet, Hardwood, Tile
  • Garage Yn: Yes
  • Unit Levels: Split Level
  • New Construction: No
  • Reso Other Structures: Other
  • Property Attached Yn: Yes
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1987
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 2.41
  • NeighborhoodSchools Elementary School: Vieja Valley
  • NeighborhoodSchools Junior High School: LaColina
  • NeighborhoodSchools High School: San Marcos
  • View Mountain(s)2: Yes
  • LocationTopo Rolly2: Yes
  • Property Information ADU: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • GroundsLandscaping Drought Tolerant LND2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • Property Information Main House SqFt: 3256.0
  • ParkingGarage Gar #33: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Amenities Guest House2: Yes
  • Amenities Wet Bar2: Yes
  • Fireplace(s) Family Room3: Yes
  • Property Information Apx Lot SqFt: 104980.0
  • Style:Contemporary2: Yes
  • Construction Split Level: Yes
  • WaterSewer Septic In: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • GroundsLandscaping Deck3: Yes
  • Security Fire Alarm2: Yes
  • AssocPark Amenities Play Area: Yes
  • AssocPark Amenities Greenbelt2: Yes
  • Proximity Near Hospital2: Yes
  • Pets Yes: Yes
  • Style Medit2: Yes
  • AssocPark Amenities Security: Yes
  • View City4: Yes
  • AssocPark Amenities Tennis Court(s)2: Yes
  • AssocPark Fee Incl Security2: Yes
  • CondoCO-OPPUD Detached4: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Bedrooms Basement: Yes

Exterior Features

  • Roof: Tile
  • View: Mountain(s), City, Setting
  • Construction Type: Stucco
  • Acres: 2.41
  • Topography: Rolly
  • Exterior Features: Pool, Deck, Patio Open, SPA-Outside, Fruit Trees, Yard Irrigation PRT, Fenced: ALL, Drought Tolerant LND
  • Foundation Details: Mixed

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #3, Other

Utilities

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

Condo/Co-op/Association

  • Association: Yes

Schools

  • Elementary School: Vieja Valley
  • High School: San Marcos
  • Middle Or Junior School: LaColina

Lot Info

  • Parcel #: 061-292-015
  • Zoning: CLA
  • Lot Size Sq Ft: 104980.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2020
Closed on
Feb 23, 2021
Sold by
Soucre Kitty and Levy Eliyahu
Bought by
Michaud Benoit Georges and Michaud Teresa Lauren
Seller's Agent
Charley Pavlosky
Coldwell Banker Realty
Buyer's Agent
Kimberly Rockwell
Berkshire Hathaway HomeServices California Properties
List Price
$3,500,000
Sold Price
$3,000,000
Premium/Discount to List
-$500,000
-14.29%
Current Estimated Value
$4,760,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,760,055
Avg. Annual Appreciation
10.93%
Original Mortgage
$1,725,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 13, 2019
Closed on
Jun 3, 2020
Sold by
Freeman Edmund J
Bought by
Soucre Kitty and Levy Eliyahu
Seller's Agent
Gregoire & Real Estate Group
Compass
Buyer's Agent
Calcagno & Hamilton
Sotheby's International Realty
List Price
$3,295,000
Sold Price
$2,800,000
Premium/Discount to List
-$495,000
-15.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.68%
Original Mortgage
$1,960,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2019
Sold by
The Knoll Project Lp
Bought by
Freeman Edmund J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,965,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 9, 1999
Sold by
Freeman Edmund J and Freeman Suzan S
Bought by
Freeman Edmund J and Freeman Suzan S

Purchase Details

Closed on
Nov 24, 1998
Sold by
Bishop Evan Mark and Bishop Gretchen Gray
Bought by
Freeman Edmund J and Freeman Suzan S

Purchase Details

Closed on
Sep 24, 1997
Sold by
Iscovich Angel L and Iscovich Lisa A
Bought by
Bishop Evan Mark and Bishop Gretchen Gray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
7.54%

Purchase Details

Closed on
May 8, 1996
Sold by
Iscovich Angel L and Iscovich Lisa A
Bought by
Iscovich Angel L and Iscovich Lisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,000
Interest Rate
7.05%

Purchase Details

Closed on
Mar 13, 1996
Sold by
Iscovich Lisa
Bought by
Iscovich Angel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,000
Interest Rate
7.05%
Source: Public Records

Range of Values:

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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
Michaud Benoit Georges $3,000,000 Chicago Title Company
Soucre Kitty $2,800,000 First American Title Company
Freeman Edmund J -- First American Title
Freeman Edmund J -- --
Freeman Edmund J $1,950,000 Equity Title Company
Bishop Evan Mark -- Equity Title Company
Iscovich Angel L -- --
Iscovich Angel L -- First American Title
Iscovich Angel L -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michaud Family Trust $1,718,000
Closed Michaud Benoit Georges $1,725,000
Previous Owner Soucre Kitty $1,960,000
Previous Owner Freeman Edmund J $1,965,000
Previous Owner Bishop Evan Mark $800,000
Previous Owner Iscovich Angel L $940,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2021 03/17/21 Sold $3,000,000 -14.3% $921 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
11/22/2020 11/22/20 For Sale $3,500,000 +25.0% $1,075 / Sq Ft
07/10/2020 07/10/20 Sold $2,800,000 -15.0% $860 / Sq Ft
05/26/2020 05/26/20 Pending -- -- --
08/11/2019 08/11/19 For Sale $3,295,000 -- $1,012 / 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 $34,086 $3,247,296 $2,164,864 $1,082,432
2023 $34,086 $3,121,200 $2,080,800 $1,040,400
2022 $32,885 $3,060,000 $2,040,000 $1,020,000
2021 $29,663 $2,800,000 $1,500,000 $1,300,000
2020 $29,452 $2,788,120 $1,433,482 $1,354,638
2019 $28,575 $2,733,452 $1,405,375 $1,328,077
2018 $28,015 $2,679,856 $1,377,819 $1,302,037
2017 $27,469 $2,627,310 $1,350,803 $1,276,507
2016 $26,761 $2,575,795 $1,324,317 $1,251,478
2015 $26,478 $2,537,105 $1,304,425 $1,232,680
2014 -- $2,487,408 $1,278,874 $1,208,534
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-4545

Santa Barbara Multiple Listing Service

APN: 061-292-015