NOT LISTED FOR SALE

Estimated Value: $3,469,000 - $3,675,268

4 Beds
3.5 Baths
3,501 Sq Ft
$1,012/Sq Ft Est. Value

Last Sold September 10, 2012

Last sale price $2,400,000 $686 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $21,470/month

168 Days on Market

About This Home

As of September 2012

Great beachfront home at Mandalay Beach, custom built 1996, 3 story with elevator, excellent quality, many style features, 3rd level is master bedroom suite with large beachfront deck; unobstructed panoramic ocean, island, whitewater, sunset, north and south coastal views, ventura coastal mountain views

Last Agent to Sell the Property

Gary Cuoco

Re/Max Gold Coast Realty License #00608201 Listed on: 02/24/2012

Re/Max Gold Coast Realty

Last Buyer's Agent

Non Member Agent

Non Member Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Lot Details

  • 2,614

Bedrooms and Bathrooms

  • 4 Bedrooms

Listing and Financial Details

  • Assessor Parcel Number 191-0-041-255

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Directions: 5th street west to mandalay beach rd left to 771
  • Prop. Type: Residential
  • Year Built: 1996
  • Reso Property Sub Type: Home/Estate
  • Subdivision Name: Other
  • Property Information Year Built2: 1996
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • Property Information Within City Limits: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Schools

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

Lot Info

  • Parcel #: 191-0-041-255
  • Zoning: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2012
Closed on
Oct 5, 2012
Sold by
First Security Exchange Corporation
Bought by
Baskin Robert M and Baskin Diana
Seller's Agent
Gary Cuoco
Re/Max Gold Coast Realty
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$2,950,000
Sold Price
$2,400,000
Premium/Discount to List
-$550,000
-18.64%
Current Estimated Value
$3,541,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,141,423
Avg. Annual Appreciation
2.96%

Purchase Details

Listed on
Feb 24, 2012
Closed on
Jul 23, 2012
Sold by
Murphy Daniel J
Bought by
First Security Exchange Corporation
Seller's Agent
Gary Cuoco
Re/Max Gold Coast Realty
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$2,950,000
Sold Price
$2,400,000
Premium/Discount to List
-$550,000
-18.64%

Purchase Details

Closed on
Jun 6, 2012
Sold by
The Daniel J Murphy Family Partnership L
Bought by
Murphy Daniel J and Murphy Kathryn E

Purchase Details

Closed on
Feb 14, 2012
Sold by
Murphy Daniel J and Murphy Kathryn E
Bought by
Murphy Daniel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.86%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 22, 2009
Sold by
Murphy Daniel J and Murphy Kathryn E
Bought by
Murphy Daniel J and Murphy Kathryn E

Purchase Details

Closed on
Apr 7, 2009
Sold by
Murphy Daniel J and Murphy Kathryn E
Bought by
Murphy Daniel J and Murphy Kathryn E

Purchase Details

Closed on
Apr 14, 2003
Sold by
Murphy Daniel J and Murphy Kathryn E
Bought by
Murphy Daniel J and Murphy Kathryn E

Purchase Details

Closed on
Jan 16, 1998
Sold by
Murphy Daniel J and Murphy Kathryn E
Bought by
Murphy Daniel J and Murphy Kathryn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$753,000
Interest Rate
7.05%

Purchase Details

Closed on
Mar 14, 1997
Sold by
Murphy Daniel J and Murphy Kathryn E
Bought by
Murphy Daniel J and Murphy Kathryn E

Purchase Details

Closed on
Oct 25, 1996
Sold by
Part Murphy Daniel J Fam
Bought by
Murphy Daniel J and Murphy Kathryn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
8.11%
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
Baskin Robert M -- Fidelity National Title
First Security Exchange Corporation $2,400,000 Fidelity National Title Co
Murphy Daniel J -- None Available
Murphy Daniel J -- Lawyers Title Company
Murphy Daniel J -- Accommodation
Murphy Daniel J -- None Available
Murphy Daniel J -- --
Murphy Daniel J $565,000 Fidelity National Title
Murphy Daniel J -- --
Murphy Daniel J -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murphy Daniel J $500,000
Previous Owner Murphy Daniel J $753,000
Previous Owner Murphy Daniel J $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2012 09/10/12 Sold $2,400,000 -18.6% $686 / Sq Ft
08/09/2012 08/09/12 Pending -- -- --
02/23/2012 02/23/12 For Sale $2,950,000 -- $843 / 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 $35,646 $2,955,416 $2,339,710 $615,706
2024 $35,646 $2,897,467 $2,293,833 $603,634
2023 $34,339 $2,840,654 $2,248,855 $591,799
2022 $33,299 $2,784,955 $2,204,759 $580,196
2021 $33,033 $2,730,349 $2,161,529 $568,820
2020 $33,652 $2,702,355 $2,139,366 $562,989
2019 $32,699 $2,649,368 $2,097,418 $551,950
2018 $32,238 $2,597,421 $2,056,293 $541,128
2017 $30,585 $2,546,492 $2,015,974 $530,518
2016 $29,507 $2,496,562 $1,976,446 $520,116
2015 $29,823 $2,459,063 $1,946,759 $512,304
2014 $29,494 $2,410,896 $1,908,626 $502,270
Source: Public Records

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 12-642

Santa Barbara Multiple Listing Service

APN: 191-0-041-255