NOT LISTED FOR SALE

Estimated Value: $4,257,000 - $4,752,000

3 Beds
3.5 Baths
2,200 Sq Ft
$2,019/Sq Ft Est. Value

Last Sold September 22, 2020

Last sale price $2,928,000 $1,331 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $26,215/month

44 Days on Market

Highlights

  • Ocean View
  • Accessory Dwelling Unit (ADU)
  • Spa
  • Santa Barbara Senior High School Rated A-
  • Art Studio
  • Property is near an ocean

About This Home

As of September 2020

This Riviera home, completely rebuilt in 2004, exudes class and attention to detail. Evidence of craftsmanship can be seen with all the stone masonry as you enter the property. As you walk through the custom western red cedar front gate, you will be greeted by stunning ocean views. As you enter the teak front door you will experience walls of windows and a dramatic wrap-around veranda that provides spectacular ocean views. Located on over 0.5 acres, the home boasts custom woodwork throughout. There are vaulted ceilings in the living room and the floors/entertainment center is black walnut while the kitchen, office and laundry cabinets were created from hard maple. All the interior doors were designed and created onsite from imported Costa Rican hardwood cenzario. The home has been

Last Agent to Sell the Property

Jeff Reeves

Jeff Reeves-Broker License #01343397 Listed on: 08/08/2020

Last Buyer's Agent

Non Member Agent

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,091

Year Built

  • Built in 1928

Lot Details

  • 0.53

Parking

  • Garage

Property Views

  • Ocean
  • Harbor
  • Panoramic
  • City

Home Design

  • Craftsman Architecture
  • Contemporary Architecture
  • Cottage
  • Raised Foundation
  • Wood Siding

Interior Spaces

  • 2,200 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Double Pane Windows
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Art Studio
  • Home Gym
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Updated Kitchen
  • Built-In Oven
  • Stove
  • Dishwasher
  • Disposal
  • Reverse Osmosis System

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • Maid or Guest Quarters

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Property is near an ocean
  • Deck
  • Separate Outdoor Workshop

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

  • Roosevelt Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Forced Air Heating System
  • Water Softener is Owned

Additional Features

  • Fenced
  • Accessory Dwelling Unit (ADU)

Listing and Financial Details

  • Assessor Parcel Number 029-042-002

Community Details

Overview

  • 2 Units
  • Riviera Community
  • 15 Riviera/Lower Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,091

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Directions: FROM STATE ST., Take E. Micheltorena approx 7 blocks to Alta Vista. Left on Alta Vista and then another Left on Grand Ave. Right on Jimeno. House is on your right.
  • Prop. Type: Residential
  • Year Built: 1928
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Common Area
  • ResoLotFeatures: Near Public Transit
  • ResoSecurityFeatures: Smoke Detector(s)
  • Subdivision Name: 15 - Riviera/Lower
  • Architectural Style: Cal Cottage, Contemporary, Craftsman
  • Reso Flooring: Wood, Hardwood
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • Reso Other Structures: Other, Work Shop
  • Property Information Year Built2: 1928
  • Property Information Total #Units: 2
  • NeighborhoodSchools Elementary School: Roosevelt
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Panoramic2: Yes
  • Property Information ADU: Yes
  • Property Information Within City Limits: Yes
  • Style Cal Cottage: Yes
  • Construction Single Story2: Yes
  • Exterior Wood Siding: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Primary: Yes
  • Amenities Dual Pane Window2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Property Information Main House SqFt: 2200.0
  • ParkingGarage Gar #33: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Art Studio2: Yes
  • Rooms Exercise Room2: Yes
  • Rooms Office3: Yes
  • Dining Formal2: Yes
  • Amenities Guest House2: Yes
  • Amenities Guest Quarters2: Yes
  • Appliances Included Rev Osmosis2: Yes
  • Proximity Near Bus: Yes
  • Style:Contemporary2: Yes
  • Other Buildings Work Shop2: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • Location Info Development Name: Riviera
  • GroundsLandscaping Deck3: Yes
  • ViewOcean: Yes
  • Appliances Included OvenBltin: Yes
  • Appliances Included Wtr SoftenerOwned: Yes
  • FlrWdw Coverings Wood2: Yes
  • Property Information Apx Lot Size FxD: 0.53
  • Proximity Near Hospital2: Yes
  • Foundation Raised: Yes
  • Laundry Common Area2: Yes
  • View Harbor2: Yes
  • View City4: Yes
  • Style Craftsman2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Oven/Bltin, Dishwasher, Disposal, Dryer, Gas Stove, Rev Osmosis, Washer, Wtr Softener/Owned
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: LR

Exterior Features

  • Roof: Other
  • View: Ocean, City, Harbor, Panoramic
  • Construction Type: Wood Siding
  • Exterior Features: Deck, SPA-Outside, Fenced: ALL
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #3

Utilities

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

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

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

Lot Info

  • Parcel #: 029-042-002
  • Zoning: Other
  • ResoLotSizeUnits: Apx Lot Size FxD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2020
Closed on
Sep 16, 2020
Sold by
Westby James O and James O Westby Trust
Bought by
Esmond Leonard I and Esmond Rachel Ann
Seller's Agent
Jeff Reeves
Jeff Reeves-Broker
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$2,995,000
Sold Price
$2,928,000
Premium/Discount to List
-$67,000
-2.24%
Current Estimated Value
$4,441,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,513,688
Avg. Annual Appreciation
7.75%
Original Mortgage
$2,342,400
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2012
Sold by
Westby James O
Bought by
Westby James O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
3.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2003
Sold by
Westby James O
Bought by
Westby James O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,715
Interest Rate
5.67%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 26, 2001
Sold by
Westby James O
Bought by
Westby James O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,600
Interest Rate
6.12%

Purchase Details

Closed on
Mar 13, 2001
Sold by
Westby James O
Bought by
Westby James O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
6.87%

Purchase Details

Closed on
Mar 12, 2001
Sold by
Westby James O
Bought by
Westby James O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
6.87%

Purchase Details

Closed on
Jan 8, 2000
Sold by
Westby James O
Bought by
Westby James O

Purchase Details

Closed on
Dec 9, 1997
Sold by
Bradbury Wymond W and Bradbury Sue A
Bought by
Westby James O and Westby Elizabeth P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
6.87%
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
Esmond Leonard I $2,928,000 Fidelity National Title Co
Westby James O -- Lawyers Title Sd
Westby James O -- --
Westby James O -- Equity Title Company
Westby James O -- Equity Title Company
Westby James O -- --
Westby James O -- --
Westby James O $695,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Esmond Leonard I $2,305,000
Closed Esmond Leonard I $2,342,400
Previous Owner Westby James O $115,000
Previous Owner Westby James O $155,900
Previous Owner Westby James O $252,715
Previous Owner Westby James O $250,000
Previous Owner Westby James O $219,600
Previous Owner Westby James O $232,500
Previous Owner Westby James O $465,000
Closed Westby James O $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2020 09/22/20 Sold $2,928,000 -2.2% $1,331 / Sq Ft
08/16/2020 08/16/20 Pending -- -- --
07/03/2020 07/03/20 For Sale $2,995,000 -- $1,361 / 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 $33,091 $3,179,764 $1,574,938 $1,604,826
2023 $33,091 $3,056,291 $1,513,782 $1,542,509
2022 $31,827 $2,986,560 $1,484,100 $1,502,460
2021 $31,097 $2,928,000 $1,455,000 $1,473,000
2020 $11,668 $1,091,203 $511,007 $580,196
2019 $11,464 $1,069,808 $500,988 $568,820
2018 $11,301 $1,048,832 $491,165 $557,667
2017 $10,927 $1,028,268 $481,535 $546,733
2016 $10,607 $1,008,107 $472,094 $536,013
2014 $10,317 $973,515 $455,895 $517,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-2516

Santa Barbara Multiple Listing Service

APN: 029-042-002