NOT LISTED FOR SALE

727 E Micheltorena St Santa Barbara, CA 93103

Lower Riviera Neighborhood

Estimated Value: $2,521,000 - $3,991,000

5 Beds
5.5 Baths
2,786 Sq Ft
$1,162/Sq Ft Est. Value

Sale Details

Date Sold: December 21, 2012

Last sale price $1,350,000 $485 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $18,794 / mo

174 Days on Market

Highlights

  • Additional Residence on Property
  • Ocean View
  • Property is near an ocean
  • Santa Barbara Senior High School Rated A-
  • Spa
  • Estate

About This Home

As of December 2012

Beautiful Mediterranean w/ Ocean & City Views.Kitchen w/ Viking & Sub Zero. Living, Dining & Family Room. Master w/ Jacuzzi Tub. Main Residence is 3 Bed Plus Office or 4th Bedroom. Terrific 2 Bed/2 Bath Guest House w/ Full Kitchen Living, Dining & Fireplace. Beautiful Gardens. Several Outdoor Patios. At end of a Cul de Sac. Gated.Property has water intrusion, mold and an encroachment issue.

Last Agent to Sell the Property

Wendy Gragg

Distinctive Real Estate License #01304471 Listed on: 11/27/2012

Last Buyer's Agent

Randy Glick

Berkshire Hathaway HomeServices California Properties License #00950129

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924

Lot Details

  • 13,068 Sq Ft Lot
  • Cul-De-Sac
  • Partially Fenced Property
  • Level Lot
  • Irrigation
  • Wooded Lot
  • Lawn
  • Drought Tolerant Landscaping
  • Property is in excellent condition
  • Property is zoned R-2

Property Views

  • Ocean
  • City

Home Design

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

Interior Spaces

  • 2,786 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Multiple Fireplaces
  • Double Pane Windows
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Library
  • Game Room
  • Home Gym
  • Basement

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Radiant Floor

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Remodeled Bathroom
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • Garage
  • Uncovered Parking

Outdoor Features

  • Spa
  • Property is near an ocean
  • Deck
  • Enclosed Patio or Porch

Additional Homes

  • Additional Residence on Property

Location

  • Property is near park, public transit, schools, shops, and bus stop
  • Property near a hospital
  • City Lot

Schools

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

Utilities

  • Heating Available
  • Sewer Stub Out
  • Cable TV Available

Community Details

  • 2 Units
  • 15 Riviera/Lower Subdivision

Listing and Financial Details

  • Assessor Parcel Number 029-042-015

Home Details

Home Type

Single Family

Year Built

Built in 1924

Lot Details

0.3 Acres

Listing Details

  • Directions: Anapamu to Alta Vista. Right on Grand. Last House At The End of the Cul de Sac on Right Hand Side. Park on the Street.
  • Prop. Type: Residential
  • Year Built: 1924
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Gas Hookup, Laundry Room
  • ResoLotFeatures: Level, Cul-De-Sac, Near Public Transit
  • Subdivision Name: 15 - Riviera/Lower
  • Architectural Style: Medit, Spanish, Estate
  • Reso Flooring: Hardwood
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Second Residence
  • Reso Property Condition: Excellent, Good
  • Property Information Year Built2: 1924
  • Property Information Total #Units: 2
  • Property Information Apx # Acres: 0.3
  • NeighborhoodSchools Elementary School: Roosevelt
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • LocationTopo Level: Yes
  • Property Information Within City Limits: Yes
  • Condition Excellent: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Unc #4: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Drought Tolerant LND2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Dining Breakfast Bar2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Gas Stove3: Yes
  • Fireplace(s) LR: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Style Estate2: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Exercise Room2: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Amenities Guest House2: Yes
  • Amenities Guest Quarters2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Family Room3: Yes
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • GroundsLandscaping Wooded4: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Deck3: Yes
  • GroundsLandscaping Hot Tub2: Yes
  • Other Buildings Second Residence2: Yes
  • ViewOcean: Yes
  • Amenities Second Residence: Yes
  • Site Improvements Cable TV3: Yes
  • LocationTopo Cul-De-Sac2: Yes
  • Laundry Gas Hookup2: Yes
  • Proximity Near Hospital2: Yes
  • Pets Yes: Yes
  • Style Medit2: Yes
  • Style Spanish2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Foundation Raised: Yes
  • Rooms LbryStudy: Yes
  • View City4: Yes
  • Rooms Patio Enclosed2: Yes
  • Rooms Game Room3: Yes
  • Assessor's Data Assessor Year Built: 1924.0
  • Assessor's Data Assessor Lot Acres: 0.3
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Dishwasher, Gas Stove
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, 2+, LR
  • Total Bedrooms: 12
  • Bedrooms Basement: Yes

Exterior Features

  • Roof: Tile
  • View: Ocean, City
  • Construction Type: Stucco
  • Acres: 0.3
  • Topography: Level
  • Exterior Features: Deck, Patio Open, Patio Covered, SPA-Outside, Hot Tub, Lawn, Wooded, Yard Irrigation T/O, Fenced: PRT, Drought Tolerant LND
  • Foundation Details: Slab, Raised
  • Patio And Porch Features: Enclosed

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2, Unc #4

Utilities

  • Heating: Radiant Floor
  • HeatingYN: Yes
  • Water Source: SB Wtr
  • Heating:Radiant Floor: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

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

Lot Info

  • Parcel #: 029-042-015
  • Zoning: R-2
  • Lot Size Sq Ft: 13068.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2012
Closed on
Dec 18, 2012
Sold by
Jones Jeffrey M and Jones Gretchen
Bought by
Brace Robert L and Elosu Maria Fernanda
Seller's Agent
Wendy Gragg
Distinctive Real Estate
Buyer's Agent
Randy Glick
Berkshire Hathaway HomeServices California Properties
List Price
$1,695,000
Sold Price
$1,350,000
Premium/Discount to List
-$345,000
-20.35%
Current Estimated Value
$3,268,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,918,950
Avg. Annual Appreciation
6.78%

Purchase Details

Closed on
Jun 1, 2010
Sold by
Jones Richard Newton
Bought by
Jones Jeffrey Morgan and Joens Gretchen Lauppe

Purchase Details

Closed on
Dec 9, 2005
Sold by
Jones Rick
Bought by
Jones Jeffrey M and Jones Gretchen

Purchase Details

Closed on
Apr 14, 2005
Sold by
Jones Jeffrey M and Jones Gretchen
Bought by
Jones Jeffrey M and Jones Gretchen

Purchase Details

Closed on
Oct 31, 2003
Sold by
Koehler Robert M and Koehler Christine K
Bought by
Jones Jeffrey M and Jones Gretchen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,375,500
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 2000
Sold by
Largura Raymond C
Bought by
Koehler Robert M and Koehler Christine K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,000
Interest Rate
7.87%

Purchase Details

Closed on
Jan 18, 1997
Sold by
Kohler G Frank and Kohler Gertrud K
Bought by
Koehler Christine K and Koehler Robert M

Purchase Details

Closed on
Aug 10, 1996
Sold by
Weist Richard R and Applewhite Joseph David
Bought by
Kohler G Frank and Kohler Gertrud K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
8.33%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brace Robert L $1,350,000 First American Title Company
Jones Jeffrey Morgan -- None Available
Jones Jeffrey M -- --
Jones Jeffrey M -- --
Jones Jeffrey M -- Equity Title Company
Koehler Robert M $1,025,000 Stewart Title
Koehler Christine K -- --
Kohler G Frank $330,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Jeffrey M $1,375,500
Previous Owner Koehler Robert M $820,000
Previous Owner Kohler G Frank $170,000
Closed Koehler Robert M $100,000
Closed Jones Jeffrey M $196,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2012 12/21/12 Sold $1,350,000 -20.4% $485 / Sq Ft
12/20/2012 12/20/12 Pending -- -- --
06/29/2012 06/29/12 For Sale $1,695,000 -- $608 / 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 $17,346 $1,662,417 $861,994 $800,423
2023 $17,346 $1,597,866 $828,523 $769,343
2022 $16,736 $1,566,536 $812,278 $754,258
2021 $16,351 $1,535,820 $796,351 $739,469
2020 $16,182 $1,520,073 $788,186 $731,887
2019 $15,900 $1,490,269 $772,732 $717,537
2018 $15,674 $1,461,049 $757,581 $703,468
2017 $15,157 $1,432,402 $742,727 $689,675
2016 $14,805 $1,404,316 $728,164 $676,152
2014 $14,403 $1,356,129 $703,178 $652,951
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2012

    Wendy Gragg

    Distinctive Real Estate

    (805) 453-3371

    1 in this area

    15 Total Sales

    Wendy Gragg
    Section Image

  • R

    Buyer's Agent in 2012

    Randy Glick

    Berkshire Hathaway HomeServices California Properties

    (805) 689-7167

    2 in this area

    87 Total Sales

    Randy Glick
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 12-2112

Santa Barbara Multiple Listing Service

APN: 029-042-015

California Santa Barbara County Santa Barbara 93103 Lower Riviera

727 E Micheltorena St, Santa Barbara, CA

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