NOT LISTED FOR SALE

773 Palermo Dr Santa Barbara, CA 93105

Hidden Valley Neighborhood

Estimated Value: $1,877,000 - $2,134,000

3 Beds
2.5 Baths
1,795 Sq Ft
$1,109/Sq Ft Est. Value

Last Sold August 02, 2016

Last sale price $910,000 $507 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $11,758/month

7 Days on Market

Highlights

  • Property is near an ocean
  • Fruit Trees
  • Property is near a park
  • San Marcos Senior High School Rated A
  • Mountain View
  • 2-Story Property

About This Home

As of August 2016

Located in the center of one of Santa Barbara’s favorite neighborhoods – Hidden Valley – this spacious home is updated and ready for your personal touches! Boasting a formal living room with fireplace, separate dining area,
large family room with sliding glass doors to the private rear yard, a sunny eat-in

kitchen, hardwood floors in all 3 bedrooms, and an attached finished garage, this

prope kitchen, hardwood floors in all 3 bedrooms, and an attached finished garage, this property is a rare find.

Last Agent to Sell the Property

Kelly Knight

Berkshire Hathaway HomeServices California Properties License #01463617 Listed on: 06/22/2016

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Joy Bean

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,988

Year Built

  • Built in 1963

Lot Details

  • 7,841 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot
  • Irrigation
  • Fruit Trees
  • Lawn
  • Property is in excellent condition
  • Property is zoned E-3

Parking

  • Attached Garage

Home Design

  • 2-Story Property
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,795 Sq Ft Home
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Mountain Views

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom

Outdoor Features

  • Property is near an ocean
  • Covered Patio or Porch

Location

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

Schools

  • Adams Elementary School
  • Lacumbre Middle School
  • San Marcos High School

Utilities

  • Forced Air Heating System
  • Sewer Stub Out
  • Cable TV Available

Community Details

  • Hidden Vly Estates 0 Community
  • 10 Hidden Valley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 049-291-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,988

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Directions: Modoc to Palermo; house is on left side of street.
  • Prop. Type: Residential
  • Year Built: 1963
  • Reso Property Sub Type: Home/Estate
  • ResoLotFeatures: Level, Near Public Transit
  • Subdivision Name: 10 - Hidden Valley
  • Architectural Style: Ranch
  • Reso Flooring: Carpet, Hardwood
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1963
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.18
  • NeighborhoodSchools Elementary School: Adams
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: San Marcos
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Property Information Within City Limits: Yes
  • Condition Excellent: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Dining Dining Area2: Yes
  • Amenities Remodeled Bath2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Gas Stove3: Yes
  • Fireplace(s) LR: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 7841.0
  • Proximity Near Bus: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • FlrWdw Coverings Carpet: Yes
  • Location Info Development Name: Hidden Vly Estates 0
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • GroundsLandscaping Fenced BCK: Yes
  • Site Improvements Cable TV3: Yes
  • Proximity Near Hospital2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Gas Stove
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: LR

Exterior Features

  • Roof: Composition
  • View: Mountain(s)
  • Construction Type: Stucco
  • Acres: 0.18
  • Topography: Level
  • Exterior Features: Patio Covered, Lawn, Fruit Trees, Yard Irrigation PRT, Fenced: BCK, Fenced: PRT
  • Foundation Details: Slab

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: SB Wtr
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Schools

  • Elementary School: Adams
  • High School: San Marcos
  • Middle Or Junior School: LaCumbre

Lot Info

  • Parcel #: 049-291-005
  • Zoning: E-3
  • Lot Size Sq Ft: 7841.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2019
Sold by
Schick Kristine J
Bought by
Schick Gregory C
Current Estimated Value
$1,989,961

Purchase Details

Listed on
Jun 22, 2016
Closed on
Jul 27, 2016
Sold by
Petrovich Susan F
Bought by
Schick Gregory C and Schick Kristine J
Seller's Agent
Kelly Knight
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Joy Bean
Sotheby's International Realty
List Price
$897,000
Sold Price
$910,000
Premium/Discount to List
$13,000
1.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.03%
Original Mortgage
$637,000
Outstanding Balance
$501,662
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,488,299

Purchase Details

Closed on
May 30, 2003
Sold by
Petrovich James
Bought by
Petrovich James and Petrovich Susan F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2002
Sold by
Petrovich James
Bought by
Petrovich James and Petrovich Susan F

Purchase Details

Closed on
Mar 30, 2001
Sold by
Hughes Robert Williams and Hughes Virginia N
Bought by
Petrovich James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,900
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Schick Gregory C -- None Available
Schick Gregory C $910,000 Chicago Title Company
Petrovich James -- Chicago Title Co
Petrovich James -- Chicago Title Co
Petrovich James -- Chicago Title Co
Petrovich James -- --
Petrovich James -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schick Gregory C $637,000
Previous Owner Petrovich James $585,000
Previous Owner Petrovich James $500,000
Previous Owner Petrovich James $225,000
Previous Owner Petrovich James $385,000
Previous Owner Petrovich James $379,000
Previous Owner Petrovich James $375,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2016 08/02/16 Sold $910,000 +1.4% $507 / Sq Ft
06/29/2016 06/29/16 Pending -- -- --
06/22/2016 06/22/16 For Sale $897,000 -- $500 / 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 $10,988 $1,056,130 $580,292 $475,838
2023 $10,988 $1,015,120 $557,759 $457,361
2022 $10,603 $995,217 $546,823 $448,394
2021 $10,359 $975,703 $536,101 $439,602
2020 $10,252 $965,699 $530,604 $435,095
2019 $10,074 $946,764 $520,200 $426,564
2018 $9,931 $928,200 $510,000 $418,200
2017 $9,603 $910,000 $500,000 $410,000
2016 $7,243 $683,530 $445,507 $238,023
2015 $7,164 $673,264 $438,816 $234,448
2014 $7,047 $660,077 $430,221 $229,856
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Kelly Knight

    Berkshire Hathaway HomeServices California Properties

    (805) 895-4406

    2 in this area

    105 Total Sales

    Section Image

  • J

    Buyer's Agent in 2016

    Joy Bean

    Sotheby's International Realty

    (805) 895-1422

    9 Total Sales

    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 16-2086

Santa Barbara Multiple Listing Service

APN: 049-291-005

California Santa Barbara County Santa Barbara 93105 Hidden Valley

773 Palermo Dr, Santa Barbara, CA

This home is located at 773 Palermo Dr, Santa Barbara, CA 93105 since 22 June 2016 and is currently estimated at $1,989,961, approximately $1,108 per square foot. This property was built in 1963. 773 Palermo Dr is a home located in Santa Barbara County with nearby schools including Adams Elementary School, La Cumbre Junior High School, and San Marcos Senior High School.

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