$3,200,000
SOLD DEC 29, 2024
4 Beds
3.5 Baths
3,347 Sq Ft
0.83 Acres

Recently Sold

$956 Per Sq Ft

14% Below List Price

117 Days on Market

Highlights

  • Ocean View
  • Attached Guest House
  • Living Room with Fireplace
  • Cold Spring Elementary School Rated A
  • Midcentury Modern Architecture
  • Wood Flooring

About This Home

As of December 2024

Captivating mid-century Arcady Estates residence w ocean views stretching to the horizon, this Montecito treasure is waiting for its next chapter to unfold. A canvas of possibilities, the 3 bdrm home offers comfort, charm, & opportunity, ready for you to make it your own. Inside, sunlight pours through large windows, filling the home w natural light, & downstairs a charming guest apartment serves as a private oasis. Outside, expansive decks showcase stunning ocean views & the lawn & gardens invite outdoor gatherings & lazy afternoons. With solid bones & a welcoming ambiance, this home is poised for transformation, a perfect opportunity to infuse your own style & personality into its walls. Your Montecito life begins here: a place to dream, design & make your own. Welcome home!

Last Agent to Sell the Property

Nancy Kogevinas

Berkshire Hathaway HomeServices California Properties License #01209514 Listed on: 09/03/2024

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

John Thyne

Goodwin & Thyne Properties Inc License #01727749

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,866

Year Built

  • Built in 1968

Lot Details

  • 0.83 Acre Lot
  • Property fronts a private road
  • Front Yard
  • Property is zoned 2-E-1

Parking

  • Tandem Parking

Home Design

  • Midcentury Modern Architecture
  • Fixer Upper
  • Slab Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 3,347 Sq Ft Home
  • 2-Story Property
  • Double Door Entry
  • Living Room with Fireplace
  • Formal Dining Room
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Open Patio

Additional Homes

  • Attached Guest House

Utilities

  • Forced Air Heating and Cooling System
  • Property is located within a water district

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 013-192-067

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,866

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Levels: Two
  • Street Number Display: Yes
  • Entry Location: Main Level
  • Living Area: 3347
  • Lot Acreage: 0.8300
  • Property Condition: Fixer
  • Stories: 2
  • Year Built: 1968
  • Number Of Photos: 24
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Living Room Balcony
  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Hardwood, Tile
  • Appliances: Oven, Range
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Breakfast Area, Formal Dining Rm
  • Laundry: Laundry Area
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Washer, Range/Oven, Refrigerator, Freezer, Garbage Disposal
  • Price Per S Q F T: 1112.94

Exterior Features

  • Construction: Wood Siding
  • Other Features: Balcony, Double Door Entry
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Guest House: Attached
  • Patio: Balcony
  • Pool: No
  • Roof: Asphalt
  • Spa Yn: No
  • View: Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Tandem, Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Forced Air
  • Water: Water District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 013-192-067
  • Lot Description: Front Yard
  • Lot Location: Private Road
  • Lot Size Area: 36590

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2024
Closed on
Dec 17, 2024
Sold by
Dr Marie Louise Goliner Living Trust and Gollner-Sweet Katharina
Bought by
Margolles James and Margolles Katherine
Seller's Agent
Nancy Kogevinas
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
John Thyne
Goodwin & Thyne Properties Inc
List Price
$3,725,000
Sold Price
$3,200,000
Premium/Discount to List
-$525,000
-14.09%
Views
174
Current Estimated Value
$3,744,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$544,910
Avg. Annual Appreciation
27.37%
Original Mortgage
$2,560,000
Outstanding Balance
$2,543,941
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$1,200,969

Purchase Details

Closed on
Jul 10, 2023
Sold by
Gollner Family Residence Trust
Bought by
Dr Marie Louise Gollner Living Trust and Gollner-Sweet

Purchase Details

Closed on
Aug 12, 2010
Sold by
Gollner Theodor and Gollner Marie Louise
Bought by
Gollner Theodor W and Gollner Marie Louise

Purchase Details

Closed on
Mar 27, 1998
Sold by
Gollner Marie L
Bought by
Gollner Dr Marie Louise and Dr Marie Louise Gollner Living Trust
Source: Public Records

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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 Type Sale Price Title Company
Grant Deed $3,200,000 Chicago Title
Grant Deed $3,200,000 Chicago Title
Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,560,000 New Conventional
Closed $2,560,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2024 12/29/24 Sold $3,200,000 -14.1% $956 / Sq Ft
12/29/2024 12/29/24 Pending -- -- --
09/03/2024 09/03/24 For Sale $3,725,000 -- $1,113 / Sq Ft
Source: The MLS

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 $38,866 $3,200,000 $2,000,000 $1,200,000
2023 $38,866 $3,500,000 $2,200,000 $1,300,000
2022 $4,144 $238,826 $75,975 $162,851
2021 $4,087 $234,144 $74,486 $159,658
2020 $4,044 $231,744 $73,723 $158,021
2019 $3,850 $227,201 $72,278 $154,923
2018 $3,802 $222,747 $70,861 $151,886
2017 $3,662 $218,380 $69,472 $148,908
2016 $3,538 $214,099 $68,110 $145,989
2014 $3,276 $206,754 $65,773 $140,981
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-454281

The MLS

APN: 013-192-067