NOT LISTED FOR SALE

720 Elsinore Dr Solvang, CA 93463

Estimated Value: $1,351,000 - $1,468,000

3 Beds
2.5 Baths
2,295 Sq Ft
$613/Sq Ft Est. Value

Last Sold December 21, 2012

Last sale price $530,000 $231 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $7,856/month

87 Days on Market

Highlights

  • City View
  • Attached Garage
  • Tile Flooring
  • Solvang Elementary School Rated A
  • Laundry Room
  • 1-Story Property

About This Home

As of December 2012

Country Living with Views: Located within walking distance to Solvang is this 3 bedroom, 2 bath home with stellar 180 degree views of village and Coastal Mountains. Open floor plan include updated kitchen, dining room, an office/bonus area and a living room with fireplace. Enjoy the Santa Ynez Valley lifestyle with in-town amenities and fabulous views.

Last Agent to Sell the Property

Michael Brady

Berkshire Hathaway HomeServices California Properties Listed on: 07/09/2012

Last Buyer's Agent

Jean Sedar

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • 0.48

Parking

  • Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,295 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Dining Area
  • City Views
  • Laundry Room

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Stub Out

Additional Features

  • 0.48 Acre Lot
  • City Lot

Community Details

  • Viking Hills Community

Listing and Financial Details

  • Assessor Parcel Number 137-153-003

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1965
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • Subdivision Name: Other
  • Reso Flooring: Carpet, Tile
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • Property Information Year Built2: 1965
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • Property Information Within City Limits: Yes
  • Construction Single Story2: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Attached: Yes
  • Rooms Family Room4: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Gas Stove3: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • Fireplace(s) Family Room3: Yes
  • Property Information Apx Lot SqFt: 20909.0
  • FlrWdw Coverings Carpet: Yes
  • Location Info Development Name: Viking Hills
  • Roof:Tile2: Yes
  • View City4: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Stove
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Total Bedrooms: 7

Exterior Features

  • Roof: Tile
  • View: City
  • Construction Type: Stucco
  • Acres: 0.48
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #2, Attached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Schools

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

Lot Info

  • Parcel #: 137-153-003
  • Zoning: Other
  • Lot Size Sq Ft: 20909.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2012
Closed on
Nov 30, 2012
Sold by
Johnson Gary L and Johnson Jerry L
Bought by
Ofoma Ekenechukwu
Seller's Agent
Michael Brady
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Jean Sedar
Coldwell Banker Realty
List Price
$595,000
Sold Price
$530,000
Premium/Discount to List
-$65,000
-10.92%
Current Estimated Value
$1,401,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$871,481
Avg. Annual Appreciation
7.73%
Original Mortgage
$477,000
Outstanding Balance
$330,483
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$1,076,756

Purchase Details

Closed on
Jul 29, 1998
Sold by
Olson Robert J and Olson Lisa K
Bought by
Johnson Gary L and Johnson Jerry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.93%
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
Ofoma Ekenechukwu $530,000 First American Title Company
Johnson Gary L $340,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ofoma Ekenechukwu $477,000
Previous Owner Johnson Gary L $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2012 12/21/12 Sold $530,000 -10.9% $231 / Sq Ft
10/04/2012 10/04/12 Pending -- -- --
07/09/2012 07/09/12 For Sale $595,000 -- $259 / 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 $6,935 $652,646 $307,852 $344,794
2023 $6,935 $627,305 $295,899 $331,406
2022 $6,710 $615,006 $290,098 $324,908
2021 $6,604 $602,948 $284,410 $318,538
2020 $6,507 $596,766 $281,494 $315,272
2019 $6,377 $585,066 $275,975 $309,091
2018 $6,273 $573,595 $270,564 $303,031
2017 $6,168 $562,349 $265,259 $297,090
2016 $5,957 $551,323 $260,058 $291,265
2014 $5,608 $532,406 $251,135 $281,271
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 12-2206

Santa Barbara Multiple Listing Service

APN: 137-153-003