NOT LISTED FOR SALE

798 Chelham Way Santa Barbara, CA 93108

Estimated Value: $2,603,000 - $3,602,000

5 Beds
2 Baths
2,164 Sq Ft
$1,386/Sq Ft Est. Value

Last Sold July 19, 2022

Last sale price $1,950,000 $901 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $17,842/month

18 Days on Market

Highlights

  • View of Trees or Woods
  • Fruit Trees
  • Property is near a park
  • Cold Spring Elementary School Rated A
  • Deck
  • 2-Story Property

About This Home

As of July 2022

Location, Location, Location!
In the prestigious neighborhood near Westmont College, world-renowned Lotus Land, and Cold Spring Elementary school, this 2- story home is waiting for someone's creative imagination. Considered a tremendous value for Montecito, the 5 bedrooms, 2 bath home with family room can be customized to your liking. Two bedrooms are on the ground floor, with the main living areas upstairs. Beyond the large, picturesque windows and second level balcony lies a lush green wooded backdrop, quiet and serene.
This property's spacious yard terraces down and is dotted with fruit trees; plum, pear, avocado, apricot and orange.

Last Agent to Sell the Property

Allyson Edwards

Berkshire Hathaway HomeServices California Properties Listed on: 06/21/2022

Last Buyer's Agent

Sharol Mulder

Berkshire Hathaway HomeServices California Properties License #01324695

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,317

Year Built

  • Built in 1955

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 60x190
  • Lot Sloped Down
  • Irrigation
  • Fruit Trees
  • Wooded Lot
  • Lawn
  • Property is in good condition

Home Design

  • 2-Story Property
  • Brick Exterior Construction
  • Raised Foundation
  • Composition Roof
  • Wood Shingle Exterior
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,164 Sq Ft Home
  • Free Standing Fireplace
  • Gas Fireplace
  • Great Room
  • Family Room
  • Dining Area
  • Home Office
  • Views of Woods
  • Fire and Smoke Detector
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer
  • 220 Volts In Laundry

Parking

  • 3 Open Parking Spaces
  • Converted Garage

Outdoor Features

  • Deck
  • Covered Patio or Porch

Location

  • Ground Level Unit
  • Property is near a park
  • Property is near schools

Schools

  • Cold Spring Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Forced Air Heating System
  • Radiant Heating System

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 013-111-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,317

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Directions: Westbound Sycamore Canyon Rd. turn Right on Chelham Wy. continue on Chelham house on right side of the street.
  • Prop. Type: Residential
  • Year Built: 1955
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: 220V Elect, Other, In Unit
  • ResoLotFeatures: Sloped Down
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Other
  • Architectural Style: Ranch
  • Reso Flooring: Laminate, Wood, Carpet, Hardwood, Tile
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Other
  • Reso Property Condition: Good
  • Property Information Year Built2: 1955
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.27
  • NeighborhoodSchools Elementary School: Cold Spring
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Roof:Composition: Yes
  • Exterior Wood Siding: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Dining Dining Area2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Washer3: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Construction Two Story2: Yes
  • Exterior BrickStone: Yes
  • View Wooded3: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Fireplace(s) Gas8: Yes
  • Property Information Apx Lot SqFt: 11761.0
  • Condition Good2: Yes
  • GroundsLandscaping Wooded4: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Deck3: Yes
  • ParkingGarage Total # Uncovered Spaces: 3.0
  • FlrWdw Coverings Laminate2: Yes
  • Laundry:_two_20V Elect2: Yes
  • Laundry In Unit2: Yes
  • Appliances Included Electric Range2: Yes
  • LocationTopo Downslope2: Yes
  • Amenities Grnd Unit: Yes
  • FlrWdw Coverings Wood2: Yes
  • Property Information Apx Lot Size FxD: 60x190
  • GroundsLandscaping Patio Covered2: Yes
  • Foundation Raised: Yes
  • Appliances Included Elect Stove2: Yes
  • Fireplace(s) Free Standing2: Yes
  • Exterior Wood Shingles: Yes
  • ParkingGarage Converted: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher, Disposal, Dryer, Elect Stove, Gas Stove, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Free Standing, Gas
  • Other Rooms:Great Room: Yes
  • Bedrooms Basement: Yes

Exterior Features

  • Roof: Composition
  • View: Setting, Wooded
  • Construction Type: Wood Siding, Wood Shingles, Brick/Stone, Stucco
  • Acres: 0.27
  • Topography: Downslope
  • Exterior Features: Other, Deck, Patio Open, Patio Covered, Lawn, Fruit Trees, Wooded, Yard Irrigation T/O
  • Foundation Details: Raised, Mixed

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Parking Features: Converted

Utilities

  • Heating: Electric, Forced Air, Radiant
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes
  • Heating:Electric: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 013-111-009
  • Zoning: R-1
  • Lot Size Sq Ft: 11761.0
  • ResoLotSizeUnits: Apx Lot Size FxD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2022
Closed on
Jul 13, 2022
Sold by
Kostigen Family Trust
Bought by
Palm Tree Investment Trust
Seller's Agent
Allyson Edwards
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Sharol Mulder
Berkshire Hathaway HomeServices California Properties
List Price
$2,495,000
Sold Price
$1,950,000
Premium/Discount to List
-$545,000
-21.84%
Current Estimated Value
$2,999,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,049,757
Avg. Annual Appreciation
14.42%
Original Mortgage
$1,170,000
Outstanding Balance
$1,121,839
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$1,862,915
Source: Public Records

Range of Values:

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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
Palm Tree Investment Trust $1,950,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palm Tree Investment Trust $1,170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2022 07/19/22 Sold $1,950,000 0.0% $901 / Sq Ft
07/19/2022 07/19/22 Off Market $1,950,000 -- --
07/09/2022 07/09/22 Pending -- -- --
07/05/2022 07/05/22 Price Changed $2,146,000 -14.0% $992 / Sq Ft
06/20/2022 06/20/22 For Sale $2,495,000 -- $1,153 / 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 $22,317 $2,028,780 $1,092,420 $936,360
2023 $22,317 $1,950,000 $1,050,000 $900,000
2022 $2,873 $128,166 $47,794 $80,372
2021 $2,841 $125,654 $46,857 $78,797
2020 $2,818 $124,367 $46,377 $77,990
2019 $2,748 $121,929 $45,468 $76,461
2018 $2,722 $119,539 $44,577 $74,962
2017 $2,600 $117,196 $43,703 $73,493
2016 $2,508 $114,899 $42,847 $72,052
2014 $2,274 $110,958 $41,378 $69,580
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Allyson Edwards

    Berkshire Hathaway HomeServices California Properties

  • S

    Buyer's Agent in 2022

    Sharol Mulder

    Berkshire Hathaway HomeServices California Properties

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 22-2047

Santa Barbara Multiple Listing Service

APN: 013-111-009

California Santa Barbara County Santa Barbara 93108

798 Chelham Way, Santa Barbara, CA

This home is located at 798 Chelham Way, Santa Barbara, CA 93108 since 21 June 2022 and is currently estimated at $2,999,757, approximately $1,386 per square foot. This property was built in 1955. 798 Chelham Way is a home located in Santa Barbara County with nearby schools including Cold Spring Elementary School, Santa Barbara Junior High School, and Santa Barbara Senior High School.

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