NOT LISTED FOR SALE

Estimated Value: $2,606,000 - $3,654,000

4 Beds
4.5 Baths
3,300 Sq Ft
$941/Sq Ft Est. Value

Last Sold September 19, 2014

Last sale price $2,050,000 $621 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $18,712/month

91 Days on Market

Highlights

  • Ocean Front
  • Laundry Room
  • Garage
  • Contemporary Architecture
  • Forced Air Heating System
  • Level Lot

About This Home

As of September 2014

Very nice multi-level beachfront home at Mandalay Beach with master bedroom on the first floor, versatile floor plan with areas for gym and office. Ocean views from almost every window, third level beachfront deck, panoramic ocean, island, whitewater, sunset, and coastal vistas out over the Santa Barbara channel to the Channel Islands

Last Agent to Sell the Property

Gary Cuoco

Re/Max Gold Coast Realty License #00608201 Listed on: 06/05/2014

Re/Max Gold Coast Realty

Last Buyer's Agent

Gary Cuoco

Re/Max Gold Coast Realtors

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1993

Lot Details

  • Ocean Front
  • Level Lot
  • Property is in good condition

Parking

  • Garage

Property Views

  • Ocean
  • Beach
  • Panoramic
  • Mountain

Home Design

  • 3,300 Sq Ft Home
  • Contemporary Architecture
  • Tri-Level Property

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • Sewer Stub Out

Listing and Financial Details

  • Assessor Parcel Number 191-0-190-325

Home Details

Home Type

Single Family

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Directions: 5th street west to mandalay beach left to 681
  • Prop. Type: Residential
  • Year Built: 1993
  • Reso Property Sub Type: Home/Estate
  • Road Frontage Type: Oceanfront
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level, Waterfront, Oceanfront
  • Architectural Style: Contemporary, Ranch
  • Garage Yn: Yes
  • Unit Levels: Tri-Level
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1993
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • LocationTopo Level: Yes
  • Site Improvements Underground Util: Yes
  • Property Information Within City Limits: No
  • ParkingGarage Gar #22: Yes
  • Laundry Laundry Room2: Yes
  • WaterSewer Sewer Hookup: Yes
  • Condition Good2: Yes
  • Style:Contemporary2: Yes
  • ViewOcean: Yes
  • View Beach2: Yes
  • LocationTopo Oceanfront2: Yes
  • Construction Tri-Level2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • View: Beach, Mountain(s), Ocean, Panoramic
  • Topography: Level
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Utilities: Underground Util
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Street Lights

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 191-0-190-325
  • Zoning: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2015
Sold by
Gettleson Harvey S and Gettleson Elyse H
Bought by
Gettleson Seth B and Dishlip Stacy B
Current Estimated Value
$3,106,122

Purchase Details

Listed on
Jun 5, 2014
Closed on
Aug 13, 2014
Sold by
Cole Leonard T and Cole Carolyn Marie
Bought by
The Gettleson Family Trust and Gettleson Elyse H
Seller's Agent
Gary Cuoco
Re/Max Gold Coast Realty
Buyer's Agent
Gary Cuoco
Re/Max Gold Coast Realtors
List Price
$3,445,000
Sold Price
$2,050,000
Premium/Discount to List
-$1,395,000
-40.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.75%
Original Mortgage
$1,435,000
Outstanding Balance
$1,069,976
Interest Rate
3.53%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,036,146

Purchase Details

Closed on
Mar 14, 2013
Sold by
Sakai Richard W and Sakai Amber
Bought by
Cole Leonard T and Cole Carolyn Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2003
Sold by
Grundhofer John F and Grundhofer Beverly J
Bought by
Sakai Richard W and Sakai Amber

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 1994
Sold by
Grundhofer John F and Grundhofer Beverly J
Bought by
Grundhofer John F and Grundhofer Beverly J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gettleson Seth B -- Provident Title Company
The Gettleson Family Trust $2,050,000 Fidelity National Title Co
Cole Leonard T $1,800,000 Chicago Title Company
Sakai Richard W $2,225,000 Equity Title Company
Grundhofer John F -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Gettleson Family Trust $1,435,000
Previous Owner Cole Leonard T $1,260,000
Previous Owner Sakai Richard W $1,500,000
Closed Sakai Richard W $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2014 09/19/14 Sold $2,050,000 -40.5% $621 / Sq Ft
09/04/2014 09/04/14 Pending -- -- --
06/05/2014 06/05/14 For Sale $3,445,000 -- $1,044 / 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 $29,635 $2,456,572 $1,601,462 $855,110
2024 $29,635 $2,408,404 $1,570,060 $838,344
2023 $28,548 $2,361,181 $1,539,275 $821,906
2022 $27,685 $2,314,884 $1,509,093 $805,791
2021 $27,463 $2,269,495 $1,479,503 $789,992
2020 $27,978 $2,246,227 $1,464,334 $781,893
2019 $27,185 $2,202,184 $1,435,622 $766,562
2018 $26,802 $2,159,005 $1,407,473 $751,532
2017 $25,428 $2,116,673 $1,379,876 $736,797
2016 $24,532 $2,075,170 $1,352,820 $722,350
2015 $24,867 $2,050,000 $1,332,500 $717,500
2014 $22,129 $1,808,171 $1,466,628 $341,543
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 14-1787

Santa Barbara Multiple Listing Service

APN: 191-0-190-325