NOT LISTED FOR SALE

802 Carosam Rd Santa Barbara, CA 93110

Hope Ranch Neighborhood

Estimated Value: $4,100,000 - $6,400,000

6 Beds
4.5 Baths
4,500 Sq Ft
$1,151/Sq Ft Est. Value

Last Sold January 13, 2022

Last sale price $3,205,000 $712 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $31,154/month

37 Days on Market

Highlights

  • Art Studio
  • Fruit Trees
  • Wood Flooring
  • Vieja Valley Elementary School Rated A
  • Wood Burning Stove
  • Main Floor Bedroom

About This Home

As of January 2022

For the past five decades, the locally known ''Hope Ranch Barn'' was the home & studio of noted artist and UCSB Professor Emeritus, Irma Cavat. This spacious abode offers a variety of imaginative living spaces, including the original caretaker's quarters with a separate entrance. To amplify the natural sunlight, there are vaulted ceilings & French doors throughout. The outdoor decks provide ample opportunity to ''site see'' (and perhaps sketch or paint) the mountain and orchard views, breath-taking sunsets & starry starry nights. Enjoy nature's bounty from 35 mature avocado trees & a variety of fruit trees on the 1.5 acres of bucolic bliss. A rare opportunity to live in history, the Hope Ranch Barn is the picturesque home & workspace you have dreamed of in the most idyllic communities.

Last Agent to Sell the Property

Nancy Newquist-Nolan

Coldwell Banker Realty Listed on: 11/17/2021

Last Buyer's Agent

Gary Goldberg

Coastal Properties License #01172139

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,766

Year Built

  • Built in 1900

Lot Details

  • 1.5 Acre Lot
  • Level Lot
  • Irrigation
  • Fruit Trees
  • Property is in good condition

Home Design

  • Raised Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,500 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Fireplace
  • Wood Burning Stove
  • Combination Kitchen and Dining Room
  • Art Studio
  • Fire and Smoke Detector
  • Property Views

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom

Laundry

  • Laundry in Kitchen
  • Gas Dryer Hookup

Parking

  • Garage
  • Uncovered Parking

Schools

  • Vieja Valley Elementary School
  • Lacolina Middle School
  • San Marcos High School

Utilities

  • Heating System Mounted To A Wall or Window
  • Septic System
  • Cable TV Available

Additional Features

  • Shed
  • Groom or Foreman Quarters

Listing and Financial Details

  • Exclusions: Potted Plants
  • Assessor Parcel Number 063-032-024

Community Details

Overview

  • Property has a Home Owners Association
  • 25 Hope Ranch Subdivision
  • Greenbelt

Amenities

  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,766

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Association Fee: call agent
  • Association Transfer Fee: call agent
  • Directions: Las Palmas to Via Esperanza turn right to Carosam, turn left...the home is at the end.
  • Prop. Type: Residential
  • Year Built: 1900
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Gas Hookup, Common Area, In Kitchen
  • ResoLotFeatures: Level, Sloped Down
  • Road Frontage Type: Easement
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Other, Tennis Court(s), Play Area, Greenbelt
  • Reso Association Fee Includes: Other
  • Subdivision Name: 25 - Hope Ranch
  • Architectural Style: Other
  • Reso Flooring: Carpet, Hardwood
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Shed(s), Employee Quarters
  • Reso Property Condition: Good, Average
  • Property Information Year Built2: 1900
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.5
  • NeighborhoodSchools Elementary School: Vieja Valley
  • NeighborhoodSchools Junior High School: LaColina
  • NeighborhoodSchools High School: San Marcos
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Roof:Composition: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Dining Dining Area2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Gas Stove3: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Property Information Main House SqFt: 4500.0
  • Construction Two Story2: Yes
  • Rooms Art Studio2: Yes
  • Dining In Kitchen4: Yes
  • Condition Good2: Yes
  • WaterSewer Septic In: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • Other Buildings Shed: Yes
  • Other Buildings Employee Quarters2: Yes
  • Fireplace(s) Wood Burning Stove2: Yes
  • AssocPark Amenities Play Area: Yes
  • AssocPark Amenities Greenbelt2: Yes
  • LocationTopo Downslope2: Yes
  • Site Improvements Cable TV3: Yes
  • Laundry Gas Hookup2: Yes
  • Pets Yes: Yes
  • Foundation Raised: Yes
  • Laundry Common Area2: Yes
  • ParkingGarage Unc #33: Yes
  • AssocPark Amenities Tennis Court(s)2: Yes
  • Laundry In Kitchen3: Yes
  • Condition Average2: Yes
  • Heating Wall: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Dishwasher, Gas Stove
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Wood Burning Stove

Exterior Features

  • Roof: Composition
  • View: Setting
  • Construction Type: Wood Siding
  • Acres: 1.5
  • Topography: Downslope, Level
  • Exclusions: Potted Plants
  • Exterior Features: Fruit Trees, Yard Irrigation PRT
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2, Unc #3

Utilities

  • Heating: Wall
  • HeatingYN: Yes
  • Water Source: La Cumb Wtr

Condo/Co-op/Association

  • Association: Yes

Schools

  • Elementary School: Vieja Valley
  • High School: San Marcos
  • Middle Or Junior School: LaColina

Lot Info

  • Parcel #: 063-032-024
  • Zoning: R-1
  • Lot Size Sq Ft: 65340.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2021
Closed on
Jan 3, 2022
Sold by
Nika Cavat
Bought by
Potter Stables Llc
Seller's Agent
Nancy Newquist-Nolan
Coldwell Banker Realty
Buyer's Agent
Gary Goldberg
Coastal Properties
List Price
$3,995,000
Sold Price
$3,205,000
Premium/Discount to List
-$790,000
-19.77%
Current Estimated Value
$5,180,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,975,727
Avg. Annual Appreciation
11.46%

Purchase Details

Closed on
Mar 9, 2021
Sold by
Cavat Nika and Cavat Kachadoorian Karina
Bought by
Cavat Nika and Cavat Kachadoorian Karina
Source: Public Records

Range of Values:

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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
Potter Stables Llc $3,205,000 First American Title
Potter Stables Llc $3,205,000 First American Title
Cavat Nika -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2022 01/13/22 Sold $3,205,000 -19.8% $712 / Sq Ft
12/23/2021 12/23/21 Pending -- -- --
11/16/2021 11/16/21 For Sale $3,995,000 -- $888 / 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 $35,766 $3,109,657 $2,791,657 $318,000
2023 $35,766 $3,205,000 $2,200,000 $1,005,000
2022 $2,819 $250,597 $74,930 $175,667
2021 $2,718 $245,684 $73,461 $172,223
2020 $2,615 $243,166 $72,708 $170,458
2019 $2,539 $238,399 $71,283 $167,116
2018 $2,489 $233,726 $69,886 $163,840
2017 $2,368 $229,144 $68,516 $160,628
2016 $2,347 $224,652 $67,173 $157,479
2014 $2,284 $216,944 $64,868 $152,076
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2022

    Nancy Newquist-Nolan

    Coldwell Banker Realty

  • Gary Goldberg

    Buyer's Agent in 2022

    Gary Goldberg

    Coastal Properties

    (805) 455-8910

    7 in this area

    109 Total Sales

    Gary Goldberg
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 21-4160

Santa Barbara Multiple Listing Service

APN: 063-032-024

California Santa Barbara County Santa Barbara 93110 Hope Ranch

802 Carosam Rd, Santa Barbara, CA

This home is located at 802 Carosam Rd, Santa Barbara, CA 93110 since 17 November 2021 and is currently estimated at $5,180,727, approximately $1,151 per square foot. This property was built in 1900. 802 Carosam Rd is a home located in Santa Barbara County with nearby schools including Vieja Valley Elementary School, La Colina Junior High School, and San Marcos Senior High School.

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