NOT LISTED FOR SALE

647 Chelham Way Santa Barbara, CA 93108

Estimated Value: $3,542,000 - $4,277,000

4 Beds
3 Baths
2,500 Sq Ft
$1,549/Sq Ft Est. Value

Last Sold January 19, 2018

Last sale price $1,930,000 $772 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $22,463/month

161 Days on Market

Highlights

  • Property is near an ocean
  • Panoramic View
  • Property is near a park
  • Cold Spring Elementary School Rated A
  • Fruit Trees
  • Wood Flooring

About This Home

As of January 2018

Enjoy the Montecito lifestyle in this exceptionally charming home, graced by an elegant Oak Tree that shades generous grounds featuring vistas of the Montecito mountains. +/- 2,500 square feet with 3 bedrooms (could easily be a 4 bedroom), 3 baths and a detached Art Studio on 2 parcels. The many upgrades include plumbing and electrical. All this and just a short stroll to Cold Spring School, arguably one of the best schools on the South Coast.

Last Agent to Sell the Property

The Epstein Partners

Keller Williams Realty Santa Barbara License #00994429 Listed on: 07/01/2017

Co-Listed By

Steve Epstein

Keller Williams Realty Santa Barbara License #00994429

Last Buyer's Agent

Kendrick Guehr

Keller Williams Realty Santa Barbara License #01964065

Keller Williams Realty Santa Barbara

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,072

Year Built

  • Built in 1928

Lot Details

  • 0.28 Acre Lot
  • Level Lot
  • Fruit Trees
  • Lawn
  • Property is in good condition

Property Views

  • Panoramic
  • Mountain

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Breakfast Area or Nook

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Location

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

Schools

  • Cold Spring Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Additional Features

  • Property is near an ocean
  • Forced Air Heating System

Community Details

  • Montecito Home Estat Community

Listing and Financial Details

  • Assessor Parcel Number 013-132-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,072

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Directions: Sycamore Canyon to Chelham Way. Home is on the left before Cloydon Circle
  • Prop. Type: Residential
  • Year Built: 1928
  • Reso Property Sub Type: Home/Estate
  • ResoLotFeatures: Level
  • Co List Office Mls Id: kwrc3
  • Co List Office Phone: 805-456-3600
  • Reso Flooring: Wood, Stone
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1928
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.28
  • NeighborhoodSchools Elementary School: Cold Spring
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • LocationTopo Level: Yes
  • Property Information Within City Limits: No
  • Roof:Composition: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Fireplace(s) LR: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Dining Breakfast Area2: Yes
  • FlrWdw Coverings Stone2: Yes
  • Condition Good2: Yes
  • Location Info Development Name: Montecito Home Estat
  • FlrWdw Coverings Wood2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: LR

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Setting, Panoramic
  • Construction Type: Stucco
  • Acres: 0.28
  • Topography: Level
  • Exterior Features: Lawn, Fruit Trees
  • Foundation Details: Other

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Schools

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

Lot Info

  • Parcel #: 013-132-010
  • Zoning: Other
  • Lot Size Sq Ft: 12196.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2017
Closed on
Jan 17, 2018
Sold by
Aslanian Stanley A
Bought by
Kanee Joshua B
Seller's Agent
The Epstein Partners
Keller Williams Realty Santa Barbara
Buyer's Agent
Kendrick Guehr
Keller Williams Realty Santa Barbara
List Price
$2,199,000
Sold Price
$1,930,000
Premium/Discount to List
-$269,000
-12.23%
Current Estimated Value
$3,721,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,791,340
Avg. Annual Appreciation
9.62%
Original Mortgage
$1,351,000
Interest Rate
5.8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 31, 2007
Sold by
Aslanian Stanley A
Bought by
Aslanian Stanley A and Aslanian Family Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 17, 2007
Sold by
Schiffelholz Walter A
Bought by
Aslanian Stanley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$889,000
Interest Rate
7.31%
Mortgage Type
Negative Amortization
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
Kanee Joshua B $1,930,000 First American Title Co
Aslanian Stanley A -- First American Title
Aslanian Stanley A -- First American Title Company
Aslanian Stanley A -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kane Joshua B $1,397,000
Closed Kane Joshua B $839,500
Closed Kane Joshua B $200,000
Closed Kane Joshua B $1,390,153
Closed Kane Joshua B $1,376,000
Closed Kanee Joshua B $1,351,000
Previous Owner Aslanian Stanley A $111,000
Previous Owner Aslanian Stanley A $111,000
Previous Owner Aslanian Stanley A $889,000
Previous Owner Schiffelholz Walter A $250,000
Previous Owner Schiffelholz Walter A $345,000
Previous Owner Schiffelholz Walter A $335,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2018 01/19/18 Sold $1,930,000 -12.2% $772 / Sq Ft
08/25/2017 08/25/17 Pending -- -- --
03/17/2017 03/17/17 For Sale $2,199,000 -- $880 / 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 $25,072 $2,305,370 $1,365,393 $939,977
2023 $25,072 $2,215,852 $1,312,374 $903,478
2022 $24,241 $2,172,405 $1,286,642 $885,763
2021 $23,755 $2,129,810 $1,261,414 $868,396
2020 $22,333 $2,007,972 $1,248,480 $759,492
2019 $22,014 $1,968,600 $1,224,000 $744,600
2018 $14,931 $1,282,829 $808,082 $474,747
2017 $14,604 $1,257,677 $792,238 $465,439
2016 $14,155 $1,233,017 $776,704 $456,313
2014 $13,608 $1,190,707 $750,052 $440,655
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 17-863

Santa Barbara Multiple Listing Service

APN: 013-132-010