NOT LISTED FOR SALE

Estimated Value: $3,350,000 - $4,506,000

7 Beds
6 Baths
3,186 Sq Ft
$1,269/Sq Ft Est. Value

Sale Details

Date Sold: August 7, 2020

Last sale price $1,510,000 $474 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $22,709 / mo

60 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Cooling Available
  • Santa Barbara Senior High School Rated A-
  • Home Office
  • Ceiling Fan

About This Home

As of August 2020

Price reduced for quick sale! Best priced home in Santa Barbara County, place your offer now. This incredible single story ranch style home offers plenty of living space with 7 bdrms and 6 bthrms plus studio apartment for additional income or for the in-law. This home is in a very desirable neighborhood of Montecito and offers a peaceful and serene setting with tropical gardens in its gorgeously landscaped yards. Enclosed atrium for outdoors living and place for summer BBQ's. Don't hesitate, make your offer today. Agent has video tour of the inside upon request. Contact for more details.

Last Agent to Sell the Property

Christina Howe

Sotheby's International Realty Listed on: 05/08/2020

Co-Listed By

Austin Jones

Omega Real Estate and Investments

Last Buyer's Agent

Natalya Konishcheva

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 15,246 Sq Ft Lot
  • Level Lot
  • Property is in good condition
  • Property is zoned R-2

Parking

  • Garage

Home Design

  • Ranch Style House

Interior Spaces

  • 3,186 Sq Ft Home
  • Ceiling Fan
  • Family Room with Fireplace
  • Home Office
  • Wood Flooring

Bedrooms and Bathrooms

  • 7 Bedrooms

Schools

  • Cleveland Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Cooling Available

Listing and Financial Details

  • Assessor Parcel Number 015-070-027

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0.35 Acres

Listing Details

  • Prop. Type: Residential
  • Year Built: 1962
  • Reso Property Sub Type: Home/Estate
  • ResoLotFeatures: Level
  • Co List Office Mls Id: OMEGA
  • Co List Office Phone: 805-886-3902
  • Architectural Style: Ranch
  • Reso Flooring: Hardwood
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1962
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.35
  • NeighborhoodSchools Elementary School: Cleveland
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Construction Single Story2: Yes
  • ParkingGarage Gar #22: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Property Information Main House SqFt: 3186.0
  • Rooms Office3: Yes
  • Fireplace(s) Family Room3: Yes
  • Property Information Apx Lot SqFt: 15246.0
  • Condition Good2: Yes
  • Cooling Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Total Bedrooms: 7
  • Fireplace Features: Family Room

Exterior Features

  • Acres: 0.35
  • Topography: Level

Garage/Parking

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

Utilities

  • Cooling: Ceiling Fan(s)
  • Cooling Y N: Yes

Schools

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

Lot Info

  • Parcel #: 015-070-027
  • Zoning: R-2
  • Lot Size Sq Ft: 15246.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2020
Closed on
Jul 22, 2020
Sold by
Lositzki Walter
Bought by
Casa Santecito Llc
Seller's Agent
Christina Howe
Sotheby's International Realty
Buyer's Agent
Natalya Konishcheva
Sotheby's International Realty
List Price
$2,300,000
Sold Price
$1,510,000
Premium/Discount to List
-$790,000
-34.35%
Current Estimated Value
$4,041,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,531,739
Avg. Annual Appreciation
18.85%
Original Mortgage
$1,057,000
Outstanding Balance
$937,278
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$3,104,461

Purchase Details

Closed on
Oct 2, 2019
Sold by
Lositzki Dorota and Lositzki Walter
Bought by
Lositzki Dorota and Lositzki Walter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,175,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2014
Sold by
Lositzki Walter
Bought by
Lositzki Walter

Purchase Details

Closed on
Feb 20, 2013
Sold by
Kantor Michael E
Bought by
Lositzki Walter and Lositzki Dorota

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,110,000
Interest Rate
3.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2012
Sold by
Gaudi Arthur R
Bought by
Kantor Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,110,000
Interest Rate
3.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 2, 2007
Sold by
Mason Marjorie M
Bought by
Mason Marjorie
Source: Public Records

Range of Values:

--
Value Increase
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Percent Increase
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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
Casa Santecito Llc $1,510,000 First American Title Company
Lositzki Dorota -- First American Title Company
Lositzki Walter -- None Available
Lositzki Walter $1,187,000 First American Title Company
Kantor Michael E -- None Available
Mason Marjorie -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Casa Santecito Llc $1,057,000
Previous Owner Lositzki Dorota $1,175,000
Previous Owner Lositzki Walter $1,110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/07/2020 08/07/20 Sold $1,510,000 -34.3% $474 / Sq Ft
07/06/2020 07/06/20 Pending -- -- --
05/07/2020 05/07/20 For Sale $2,300,000 +93.8% $722 / Sq Ft
05/10/2013 05/10/13 Sold $1,186,544 -20.9% $372 / Sq Ft View Prior Sale
04/13/2012 04/13/12 Pending -- -- --
01/12/2012 01/12/12 For Sale $1,500,000 -- $471 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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 $17,122 $1,634,470 $893,005 $741,465
2023 $17,122 $1,571,004 $858,330 $712,674
2022 $16,546 $1,540,200 $841,500 $698,700
2021 $16,627 $1,553,510 $825,000 $728,510
2020 $14,829 $1,383,655 $801,185 $582,470
2019 $14,548 $1,360,849 $785,476 $575,373
2018 $14,370 $1,336,917 $770,075 $566,842
2017 $13,935 $1,314,429 $754,976 $559,453
2016 $13,327 $1,260,534 $740,173 $520,361
2014 $12,699 $1,191,930 $714,774 $477,156
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-1637

Santa Barbara Multiple Listing Service

APN: 015-070-027

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