NOT LISTED FOR SALE

70 Olive Mill Rd Santa Barbara, CA 93108

Montecito Area

Estimated Value: $1,899,000 - $3,420,000

3 Beds
2.5 Baths
1,875 Sq Ft
741 Sq Ft Lot

Sale Details

Date Sold: October 18, 2018

Last sale price $1,225,000 $653 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $14,932 / mo

326 Days on Market

Highlights

  • Property is near an ocean
  • View of Trees or Woods
  • Wooded Lot
  • Santa Barbara Senior High School Rated A-
  • Property is near park, public transit, schools, shops, and bus stop
  • Spanish Architecture

About This Home

As of October 2018

Seeking to downsize at the beach? Welcome to the Coral Garden Villas, an epic coastal Montecito 93108 location! Enjoy a short stroll to World-Class beaches, Coral Casino Beach Club, Four Seasons Biltmore Resort and Coast Village Road venues. This bright and cheerful 3-Bed/2.5-Bath townhouse includes 1,875 Sq.Ft open floor plan. Spacious bedrooms offer private balconies and fresh ocean air. Large south facing patio garden with wooded setting and room to expand. A serene space to relax and entertain! Secured within a private gated court yard including your personal attached 2-Car garage with interior access. Additional off-street driveway spaces for 2 more cars. Potential for quick equity with some simple upgrades. An excellent vacation or second home investment at $693/Sq.Ft! Easy to Show.

Last Agent to Sell the Property

Gabe Venturelli

Coldwell Banker Realty Listed on: 09/05/2017

Co-Listed By

Bruce Venturelli

Coldwell Banker Realty

Last Buyer's Agent

Leslie Lopez

Pitts & Bachmann Realtors

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built

  • Built in 1986

Lot Details

  • End Unit
  • Fenced
  • Wooded Lot
  • Property is in good condition

HOA Fees

  • $500 Monthly HOA Fees

Home Design

  • Spanish Architecture
  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,875 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Family Room with Fireplace
  • Dining Area
  • Views of Woods

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • Direct Access Garage
  • Open Parking

Outdoor Features

  • Property is near an ocean
  • Patio

Location

  • Property is near park, public transit, schools, shops, and bus stop

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Private Water Source
  • Well
  • Water Softener is Owned
  • Sewer Stub Out
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 009-590-002

Community Details

Overview

  • Association fees include insurance, water, comm area maint, exterior maint

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1986

Lot Details

741 Sq Ft Lot

HOA Fees

$500 per month

Listing Details

  • Association Fee: 500
  • Directions: Exit 101 Freeway at Olive Mill Road. Turn Right Towards the Biltmore. You Have Arrived. Please Feel Free To Park In The Driveway.
  • Prop. Type: Residential
  • Year Built: 1986
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Gas Hookup, Laundry Room
  • ResoLotFeatures: Level, Near Public Transit
  • ResoSecurityFeatures: Other, Smoke Detector(s)
  • Reso Association Fee Includes: Insurance, Water, Comm Area Maint, Exterior Maint
  • Co List Office Mls Id: cb01
  • Co List Office Phone: 805-969-4755
  • Architectural Style: Medit, Spanish
  • 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
  • Site Improvements Underground Util: Yes
  • WaterSewer Pvt Wtr Sys: Yes
  • Property Information Within City Limits: No
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Dining Breakfast Bar2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Washer3: Yes
  • Security Smoke Detector(s)2: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • Construction Two Story2: Yes
  • View Wooded3: Yes
  • Proximity Near Shopping2: Yes
  • Fireplace(s) Family Room3: Yes
  • WaterSewer Pvt Well In: Yes
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • GroundsLandscaping Wooded4: Yes
  • FlrWdw Coverings Carpet: Yes
  • Roof:Tile2: Yes
  • Site Improvements Cable TV3: Yes
  • Laundry Gas Hookup2: Yes
  • Appliances Included Wtr SoftenerOwned: Yes
  • Pets Yes: Yes
  • Style Medit2: Yes
  • Style Spanish2: Yes
  • CondoCO-OPPUD End Unit: Yes
  • ParkingGarage Unc #22: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Refrigerator, Dishwasher, Disposal, Dryer, Washer, Wtr Softener/Owned
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room

Exterior Features

  • Roof: Tile
  • View: Setting, Wooded
  • Construction Type: Stucco
  • Topography: Level
  • Common Walls: End Unit
  • Exterior Features: Patio Open, Wooded, Fenced: ALL
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: Yes
  • Open Parking: Yes
  • Parking Features: Gar #2, Unc #2, Interior Access, Attached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Utilities: Underground Util
  • Water Source: Private, Pvt Wtr Sys
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 009-590-002
  • Zoning: E-3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2019
Sold by
Santa Barbara Exange Corporation
Bought by
Current Estimated Value
$2,402,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$857,500
Outstanding Balance
$739,816
Interest Rate
4.3%
Mortgage Type
Commercial
Estimated Equity
$1,931,986

Purchase Details

Listed on
Sep 5, 2017
Closed on
Sep 18, 2018
Sold by
Graves Nancy and Brock Barry
Bought by
Santa Barbara Exchange Corp
Seller's Agent
Gabe Venturelli
Coldwell Banker Realty
Buyer's Agent
Leslie Lopez
Pitts & Bachmann Realtors
List Price
$1,425,000
Sold Price
$1,225,000
Premium/Discount to List
-$200,000
-14.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.43%
Original Mortgage
$857,500
Interest Rate
4.5%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Santa Barbara, CA

  • Janice Laney Real Estate Agent - Keller Williams Santa Barbara

    Janice Laney

    Responds Quickly

    Keller Williams Santa Barbara

    (805) 865-7385

    31 Total Sales

    4 in Montecito

    $1.4M - $4.7M Price Range

    Janice Laney
     Section Image
  • Tiffany Dore Real Estate Agent - Village Properties

    Tiffany Dore

    Village Properties

    (805) 324-6641

    23 Total Sales

    2 in Montecito

    $8.9M - $25.1M Price Range

    Tiffany Dore
     Section Image
  • Colleen Beall Real Estate Agent - Compass

    Colleen Beall

    Compass

    (805) 243-1083

    31 Total Sales

    1 in Montecito

    $1,900,000 Price

    Colleen Beall
     Section Image
  • Tamra Van Order Real Estate Agent - Keller Williams Realty Santa Barbara

    Tamra Van Order

    Responds Quickly

    Keller Williams Realty Santa Barbara

    (805) 308-6428

    33 Total Sales

    1 in Montecito

    $5,400,000 Price

    Tamra Van Order
     Section Image
  • Lisa Scibird Real Estate Agent - Berkshire Hathaway HomeServices California Properties

    Lisa Scibird

    Berkshire Hathaway HomeServices California Properties

    (805) 456-1528

    7 Total Sales

    3 in Montecito

    $2.9M - $5.4M Price Range

    Lisa Scibird
     Section Image
  • Maurie McGuire Real Estate Agent - Sotheby's International Realty

    Maurie McGuire

    Sotheby's International Realty

    (805) 617-1644

    22 Total Sales

    5 in Montecito

    $3.5M - $8.5M Price Range

    Maurie McGuire
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Fidelity National Title Co
Santa Barbara Exchange Corp $1,225,000 Fidelity National Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $857,500
Previous Owner Santa Barbara Exchange Corp $857,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/18/2018 10/18/18 Sold $1,225,000 -14.0% $653 / Sq Ft
07/27/2018 07/27/18 Pending -- -- --
09/04/2017 09/04/17 For Sale $1,425,000 -- $760 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $14,850 $1,393,835 $967,152 $426,683
2025 $14,850 $1,366,506 $948,189 $418,317
2023 $14,587 $1,313,445 $911,371 $402,074
2022 $14,076 $1,287,692 $893,501 $394,191
2021 $13,790 $1,262,444 $875,982 $386,462
2020 $13,658 $1,249,500 $867,000 $382,500
2019 $13,402 $1,225,000 $850,000 $375,000
2018 $5,968 $504,448 $240,213 $264,235
2017 $5,831 $494,557 $235,503 $259,054
2016 $5,675 $484,861 $230,886 $253,975
2014 $5,438 $468,225 $222,964 $245,261
Source: Public Records

Agents Affiliated with this Home

  • GV

    Seller's Agent in 2018

    Gabe Venturelli

    Coldwell Banker Realty

  • BV

    Seller Co-Listing Agent in 2018

    Bruce Venturelli

    Coldwell Banker Realty

  • LL

    Buyer's Agent in 2018

    Leslie Lopez

    Pitts & Bachmann Realtors

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 17-3002

Santa Barbara Multiple Listing Service

APN: 009-590-002

California Santa Barbara County Santa Barbara 93108

70 Olive Mill Rd, Santa Barbara, CA

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