NOT LISTED FOR SALE

707 Moreno Rd Santa Barbara, CA 93103

Lower Riviera Neighborhood

Estimated Value: $2,170,254

2 Beds
2 Baths
1,368 Sq Ft
$1,586/Sq Ft Est. Value

Sale Details

Date Sold: October 2, 2012

Last sale price $720,000 $526 Per Sq Ft

Est. 201% increase in value since last sale

Current estimated payment $13,131 / mo

12 Days on Market

Highlights

  • Property is near park, public transit, and bus stop
  • Wood Flooring
  • Formal Dining Room
  • Santa Barbara Senior High School Rated A-
  • Cottage
  • 1-minute walk to Orpet Park

About This Home

As of October 2012

Lower Riviera 1915 California cottage with Old World Charm. Recently remodeled two bedroom, two bath + bonus room. Wood floors, living room with fireplace and built ins, and formal dining room. Large terraced back yard. One car garage and storage underneath house. Close to downtown amenities.

Last Agent to Sell the Property

Timm Delaney

Berkshire Hathaway HomeServices California Properties License #01083019 Listed on: 08/04/2012

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Scott Williams

Berkshire Hathaway HomeServices California Properties

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 Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 7,840 Sq Ft Lot
  • Property is in good condition
  • Property is zoned R-2

Parking

  • Detached Garage

Home Design

  • Cottage
  • Raised Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,368 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Property Views

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Location

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

Schools

  • Roosevelt Elementary School
  • S.B. Jr. Middle School
  • San Marcos High School

Utilities

  • Gravity Heating System
  • Cable TV Available

Community Details

  • 15 Riviera/Lower Subdivision
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 027-072-009

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

7,840 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Year Built: 1958
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Common Area
  • ResoLotFeatures: Near Public Transit
  • MLS Status: Closed
  • Standard Status: Closed
  • Subdivision Name: 15 - Riviera/Lower
  • Architectural Style: Cal Cottage
  • Reso Flooring: Wood, Tile
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1958
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.18
  • NeighborhoodSchools Elementary School: Roosevelt
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: San Marcos
  • Property Information Within City Limits: No
  • Style Cal Cottage: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Exterior Wood Siding: Yes
  • View Setting2: Yes
  • Proximity Near Park(s)2: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Tile3: Yes
  • Dining Formal2: Yes
  • Property Information Apx Lot SqFt: 7840.0
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • ParkingGarage Detached: Yes
  • ParkingGarage Gar #12: Yes
  • Site Improvements Cable TV3: Yes
  • FlrWdw Coverings Wood2: Yes
  • Foundation Raised: Yes
  • Laundry Common Area2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: LR

Exterior Features

  • Roof: Composition
  • View: Setting
  • Construction Type: Wood Siding
  • Acres: 0.18
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #1, Detached

Utilities

  • Heating: Gravity
  • HeatingYN: Yes
  • Water Source: SB Wtr
  • Heating:Gravity: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Schools

  • Elementary School: Roosevelt
  • High School: San Marcos
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 027-072-009
  • Zoning: R-2
  • Lot Size Sq Ft: 7840.0

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

Listed on
Aug 4, 2012
Closed on
Sep 5, 2012
Sold by
Newbury Place Reo Iii Llc
Bought by
Seller's Agent
Timm Delaney
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Scott Williams
Berkshire Hathaway HomeServices California Properties
List Price
$779,900
Sold Price
$720,000
Premium/Discount to List
-$59,900
-7.68%
Current Estimated Value
$2,170,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,450,254
Avg. Annual Appreciation
8.22%
Original Mortgage
$576,000
Outstanding Balance
$384,531
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$1,785,723

Purchase Details

Closed on
Mar 7, 2012
Sold by
Penner Stephen E and Penner Lii M
Bought by
Newbury Place Reo Iii Llc

Purchase Details

Closed on
Mar 31, 2008
Sold by
Penner Stephen E and Penner Lii M
Bought by
Penner Stephen E and Penner Lii M

Purchase Details

Closed on
Nov 16, 2004
Sold by
Penner Stephen E
Bought by
Penner Stephen E and Penner Lii M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2004
Sold by
Dahl Patricia
Bought by
Penner Stephen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Lower Riviera, CA

  • Linda Parizo Real Estate Agent - Coldwell Banker Realty

    Linda Parizo

    Coldwell Banker Realty

    (805) 918-8290

    47 Total Sales

    1 in Lower Riviera

    $1,601,928 Price

    Linda Parizo
     Section Image
  • Valerie Menke Real Estate Agent - Berkshire Hathaway HomeService

    Valerie Menke

    Berkshire Hathaway HomeService

    (805) 549-5997

    24 Total Sales

    2 in Lower Riviera

    $2,128,000 Price Range

    Valerie Menke
     Section Image
  • Chris Palme Real Estate Agent - Sotheby's International Realty

    Chris Palme

    Sotheby's International Realty

    (805) 262-8876

    18 Total Sales

    3 in Lower Riviera

    $1.8M - $3.2M Price Range

    Chris Palme
     Section Image
  • Kevin Goodwin Real Estate Agent - Goodwin Properties

    Kevin Goodwin

    Goodwin Properties

    (805) 979-2658

    50 Total Sales

    1 in Lower Riviera

    $3,300,000 Price

    Kevin Goodwin
     Section Image
  • Susan Pate Real Estate Agent - Compass

    Susan Pate

    Compass

    (805) 617-1044

    10 Total Sales

    2 in Lower Riviera

    $3.2M - $5.1M Price Range

    Susan Pate
     Section Image
  • Larry Krogh Real Estate Agent - LIV Sotheby's International Realty

    Larry Krogh

    LIV Sotheby's International Realty

    (805) 586-9558

    130 Total Sales

    1 in Lower Riviera

    $2,250,000 Price

    Larry Krogh
     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
$720,000 California Title Company
Newbury Place Reo Iii Llc $766,799 Accommodation
Penner Stephen E -- None Available
Penner Stephen E -- Fidelity National Title Co
Penner Stephen E $875,000 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 $576,000
Previous Owner Penner Stephen E $705,000
Previous Owner Penner Stephen E $600,000
Previous Owner Penner Stephen E $250,000
Previous Owner Penner Stephen E $333,700
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
10/02/2012 10/02/12 Sold $720,000 -7.7% $526 / Sq Ft
08/16/2012 08/16/12 Pending -- -- --
08/04/2012 08/04/12 For Sale $779,900 -- $570 / 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 $9,422 $904,346 $690,823 $213,523
2025 $9,257 $886,615 $677,278 $209,337
2023 $9,257 $852,189 $650,980 $201,209
2022 $8,926 $835,480 $638,216 $197,264
2021 $8,717 $819,099 $625,702 $193,397
2020 $8,626 $810,701 $619,287 $191,414
2019 $8,474 $794,806 $607,145 $187,661
2018 $8,351 $779,223 $595,241 $183,982
2017 $8,073 $763,945 $583,570 $180,375
2016 $7,929 $748,967 $572,128 $176,839
2014 $7,712 $723,268 $552,497 $170,771
Source: Public Records

Agents Affiliated with this Home

  • Timm Delaney Real Estate Agent - Berkshire Hathaway HomeServices California Properties

    Seller's Agent in 2012

    Timm Delaney

    Berkshire Hathaway HomeServices California Properties

    (805) 687-2666

    7 Total Sales

    Timm Delaney
    Section Image

  • SW

    Buyer's Agent in 2012

    Scott Williams

    Berkshire Hathaway HomeServices California Properties

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 12-2494

Santa Barbara Multiple Listing Service

APN: 027-072-009

California Santa Barbara County Santa Barbara 93103 Lower Riviera

707 Moreno Rd, Santa Barbara, CA

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