NOT LISTED FOR SALE

761 Olive Ave Carpinteria, CA 93013

Old Town Carpinteria Neighborhood

Estimated Value: $1,734,000 - $7,185,000

4 Beds
2 Baths
800 Sq Ft
$4,384/Sq Ft Est. Value

Last Sold October 05, 2021

Last sale price $1,700,000 $2,125 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $20,062/month

18 Days on Market

Highlights

  • Additional Residence on Property
  • Fruit Trees
  • Deck
  • Property is near an ocean
  • Mountain View
  • Property is near a park

About This Home

As of October 2021

Beach living! Prime .23-acre parcel in downtown Carpinteria ready for buyers who are thinking of building their dream beach compound or ending up with multiple units in this prime location. Quiet neighborhood with established residents who know and love Carpinteria. Flat, usable corner lot sits 3 blocks to Downtown Carpinteria (Linden Avenue) and 4 blocks to the World's Safest Beach. Walk to restaurants and coffee on your way to sunset or morning strolls on the sand. Two cottage style 2-bedroom 1 bath legal non-conforming homes (both brought to this property in the early 1900's) are separately metered but are currently in very poor condition. Property is zoned PDR-20 which may allow for 4 units on this size parcel. Buyers to satisfy themselves as to the future development potential of this property. Let's face it- your rich uncle always said buy a multifamily property in the best location, location, location. You'll one up him and be living at the beach.

Last Agent to Sell the Property

Randy Glick

Berkshire Hathaway HomeServices California Properties License #00950129 Listed on: 08/12/2021

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Carmen Galzerano

Berkshire Hathaway HomeServices California Properties License #00950129 / 01953155

Last Buyer's Agent

Sarah Smith

Jason R. Cox, Broker

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 10,018 Sq Ft Lot
  • Lot Dimensions are 132x77
  • Back Yard Fenced
  • Corner Lot
  • Level Lot
  • Fruit Trees
  • Property is in below average condition
  • Property is zoned PRD

Parking

  • 10 Open Parking Spaces

Home Design

  • Cottage
  • Raised Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 800 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Mountain Views
  • Laundry Room

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Property is near an ocean
  • Deck
  • Shed

Additional Homes

  • Additional Residence on Property

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Schools

  • Aliso Elementary School
  • Carp. Jr. Middle School
  • Carp. Sr. High School

Utilities

  • Cooling Available
  • Heating System Mounted To A Wall or Window
  • Sewer Stub Out

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 003-324-004

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1910
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level, Corner Lot, Near Public Transit
  • Co List Office Mls Id: prucal
  • Co List Office Phone: 805-687-2666
  • Architectural Style: Cal Cottage
  • Reso Flooring: Laminate, Wood
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Other Structures: Shed(s), Second Residence
  • Reso Property Condition: Poor
  • Property Information Year Built2: 1910
  • Property Information Total #Units: 2
  • Property Information Apx # Acres: 0.23
  • NeighborhoodSchools Elementary School: Aliso
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Style Cal Cottage: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Exterior Wood Siding: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • WaterSewer Sewer Hookup: Yes
  • Property Information Main House SqFt: 800.0
  • LocationTopo Corner Lot2: Yes
  • Proximity Near Shopping2: Yes
  • Amenities Guest House2: Yes
  • Property Information Apx Lot SqFt: 10018.0
  • Proximity Near Bus: Yes
  • GroundsLandscaping Deck3: Yes
  • Other Buildings Shed: Yes
  • Other Buildings Second Residence2: Yes
  • Amenities Second Residence: Yes
  • GroundsLandscaping Fenced BCK: Yes
  • ParkingGarage Total # Uncovered Spaces: 10.0
  • FlrWdw Coverings Laminate2: Yes
  • FlrWdw Coverings Wood2: Yes
  • Property Information Apx Lot Size FxD: 132x77
  • Foundation Raised: Yes
  • Dining In Living Room2: Yes
  • Condition Poor: Yes
  • Cooling Ceiling Fan(s): Yes
  • Heating Wall: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Total Bedrooms: 7

Exterior Features

  • Roof: Composition
  • View: Mountain(s)
  • Construction Type: Wood Siding
  • Acres: 0.23
  • Topography: Level
  • Exterior Features: Deck, Fruit Trees, Fenced: BCK
  • Foundation Details: Raised

Garage/Parking

  • Open Parking Spaces: 10.0

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Wall
  • Cooling Y N: Yes
  • HeatingYN: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Schools

  • Elementary School: Aliso
  • High School: Carp. Sr.
  • Middle Or Junior School: Carp. Jr.

Lot Info

  • Parcel #: 003-324-004
  • Zoning: PRD
  • Lot Size Sq Ft: 10018.0
  • ResoLotSizeUnits: Apx Lot Size FxD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Nov 17, 2021
Sold by
Morita Yuki
Bought by
Pura Randall and Morita Aly
Seller's Agent
Randy Glick
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Sarah Smith
Jason R. Cox, Broker
List Price
$1,650,000
Sold Price
$1,700,000
Premium/Discount to List
$50,000
3.03%
Current Estimated Value
$3,507,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,807,127
Avg. Annual Appreciation
18.67%
Original Mortgage
$1,275,000
Interest Rate
2.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 12, 2021
Closed on
Sep 22, 2021
Sold by
Treloar Tamara J and Treloar Timothy T
Bought by
Pura Randall and Morita Yuki
Seller's Agent
Randy Glick
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Sarah Smith
Jason R. Cox, Broker
List Price
$1,650,000
Sold Price
$1,700,000
Premium/Discount to List
$50,000
3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,275,000
Interest Rate
2.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2018
Sold by
Treloar Thomas N and The Nancy J Treloar Bypass Tru
Bought by
Treloar Thomas N and Treloar Mary E

Purchase Details

Closed on
Feb 16, 2017
Sold by
Treloar Thomas N
Bought by
Treloar Thomas N and Treloar Mary E

Purchase Details

Closed on
Mar 15, 2016
Sold by
Treloar Thomas N
Bought by
Treloar Thomas N and The Thomas N Treloar Trust

Purchase Details

Closed on
Jan 19, 2015
Sold by
Treloar Thomas N
Bought by
Treloar Thomas N

Purchase Details

Closed on
Apr 3, 2014
Sold by
Treloar Thomas
Bought by
Trelor Thonas N

Purchase Details

Closed on
May 9, 2005
Sold by
Treloar Thomas N
Bought by
Treloar Thomas N

Purchase Details

Closed on
Jan 17, 2005
Sold by
Treloar Thomas Nelson and Treloar Nancy Jo
Bought by
Treloar Thomas Nelson and Treloar Nancy Jo

Purchase Details

Closed on
Oct 6, 2001
Sold by
Treloar Thomas Nelson and Treloar Nancy Jo
Bought by
Treloar Thomas Nelson and Treloar Nancy Jo

Purchase Details

Closed on
Jan 25, 1999
Sold by
Treloar Nelson C and Treloar Nelson C & Ruth R Trus
Bought by
Nelson C Treloar By Pass Trust and Treloar Ruth
Source: Public Records

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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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
Pura Randall -- First American Title Company
Pura Randall $1,700,000 First American Title Company
Treloar Thomas N -- None Available
Treloar Thomas N -- None Available
Treloar Thomas N -- None Available
Treloar Thomas N -- None Available
Treloar Thomas N -- None Available
Trelor Thonas N -- None Available
Treloar Thomas N -- --
Treloar Thomas N -- --
Treloar Thomas Nelson -- --
Treloar Thomas Nelson -- --
Treloar Thomas Nelson -- --
Nelson C Treloar By Pass Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pura Randall $1,275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/05/2021 10/05/21 Sold $1,700,000 0.0% $2,125 / Sq Ft
10/05/2021 10/05/21 Sold $1,700,000 +3.0% $2,125 / Sq Ft View Prior Sale
08/30/2021 08/30/21 Pending -- -- --
08/30/2021 08/30/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $1,650,000 0.0% $2,063 / Sq Ft
08/12/2021 08/12/21 For Sale $1,650,000 -- $2,063 / 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 $20,243 $1,804,050 $1,432,629 $371,421
2023 $20,243 $1,733,998 $1,376,999 $356,999
2022 $19,533 $1,700,000 $1,350,000 $350,000
2021 $2,343 $72,767 $39,614 $33,153
2020 $2,279 $72,022 $39,208 $32,814
2019 $2,209 $70,611 $38,440 $32,171
2018 $2,144 $69,228 $37,687 $31,541
2017 $2,080 $67,872 $36,949 $30,923
2016 $2,045 $66,542 $36,225 $30,317
2015 $2,036 $65,543 $35,681 $29,862
2014 $1,941 $64,261 $34,983 $29,278
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Randy Glick

    Berkshire Hathaway HomeServices California Properties

    (805) 689-7167

    2 in this area

    95 Total Sales

    Randy Glick
    Section Image
  • Carmen Galzerano

    Seller Co-Listing Agent in 2021

    Carmen Galzerano

    Berkshire Hathaway HomeServices California Properties

    (805) 705-3080

    2 in this area

    142 Total Sales

    Carmen Galzerano
    Section Image

  • S

    Buyer's Agent in 2021

    Sarah Smith

    Jason R. Cox, Broker

  • Jon-Ryan Schlobohm

    Buyer Co-Listing Agent in 2021

    Jon-Ryan Schlobohm

    Compass

    (805) 450-3307

    7 in this area

    69 Total Sales

    Jon-Ryan Schlobohm
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 21-3047

Santa Barbara Multiple Listing Service

APN: 003-324-004

California Santa Barbara County Carpinteria 93013 Old Town Carpinteria

761 Olive Ave, Carpinteria, CA

Not Listed for Sale

Detached

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