NOT LISTED FOR SALE

Estimated Value: $2,844,000 - $4,021,000

4 Beds
3 Baths
2,282 Sq Ft
$1,477/Sq Ft Est. Value

Last Sold December 21, 2018

Last sale price $2,205,000 $966 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $19,745/month

24 Days on Market

Highlights

  • Ocean View
  • Property is near an ocean
  • Property is near park, public transit, schools, shops, and bus stop
  • Washington Elementary School Rated A
  • Updated Kitchen
  • Cathedral Ceiling

About This Home

As of December 2018

Remodeled to perfection, this luxurious 4bed/3bath Mesa home in Washington School District features elegant finishes and unbeatable ocean, island, and sunset views! The interior of this home was recently remodeled with custom upgrades and the highest degree of attention to detail, capturing the quintessential modern beach house that embodies Santa Barbara and the Mesa. High ceilings, clean lines, and custom architectural finishes are found throughout this coastal masterpiece.

Upon entering the home, you'll immediately notice large windows that frame incredible ocean views and lush tropical landscaping. The living room with fireplace has a tall cathedral ceiling, an integrated surround sound system, multiple glass doors that frame the expansive ocean views and open to a gorgeous patio with lush landscaping and Coral Stone hardscape. The bright and sunny gourmet kitchen is equipped with high-end stainless steel appliances, concrete countertops, a farmhouse sink, bar-style seating, custom cabinetry and designer fixtures.

A striking stairway with a modern glass railing leads you to the grand master suite on the upper level. The master suite boasts soaring ceilings and a large walk-in closet, along with expansive ocean and island views. Gorgeous sliding doors open to a spacious private deck off the master suite, perfect for enjoying the sunset and ocean breeze. The master bath is spacious and luxurious, featuring custom cabinetry, two separate sinks with abundant storage, timeless finishes and plenty of windows to let in natural light.

On the lower level of the residence, you'll find two guest suites, a home office, and a large bonus room. The lovely home office has a large skylight and views of the tropical landscaping. Both guest suites feel very roomy with high pitched ceilings that add great volume to the space. One guest suite has a sliding door that opens directly to a peaceful outdoor sitting area, creating a perfect indoor/outdoor flow.

Countless thoughtful touches exist within 827 Margo, including custom designed built-in cabinets and closets by Architectural Millwork, wainscot paneling, abundant interior storage (plus a custom large storage shed), and Bose outdoor speakers. Located on a very quiet street close to all the Mesa has to offer, including beaches, Shoreline Park, Lazy Acres, shopping, dining, and so much more!

Last Agent to Sell the Property

Grubb Campbell Group

Village Properties License #01236143 / 01410304 Listed on: 10/24/2018

Last Buyer's Agent

Shereef Moharram

Price, Postel & Parma LLP License #01337285

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 6,970

Parking

  • Garage

Home Design

  • Cottage
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,282 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Game Room
  • Ocean Views
  • Laundry in Garage

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Remodeled Bathroom
  • 3 Full Bathrooms

Schools

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

Additional Features

  • Property is near an ocean
  • Property is in excellent condition
  • Property is near park, public transit, schools, shops, and bus stop
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 035-102-002

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1957
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: In Garage
  • ResoLotFeatures: Near Public Transit
  • Architectural Style: Cal Cottage
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1957
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Washington
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Style Cal Cottage: Yes
  • Roof:Composition: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Gar #22: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Dining Dining Area2: Yes
  • Amenities Dual Pane Window2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Amenities Skylight2: Yes
  • Fireplace(s) LR: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Proximity Near Bus: Yes
  • ViewOcean: Yes
  • Laundry In Garage2: Yes
  • View Other27: Yes
  • Rooms Game Room3: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: LR

Exterior Features

  • Roof: Composition
  • View: Other, Ocean, Setting
  • Construction Type: Wood Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2

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

Lot Info

  • Parcel #: 035-102-002
  • Zoning: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2018
Closed on
Dec 13, 2018
Sold by
Demarco George and Demarco Asha
Bought by
Mcdowell Whitney W and Mcdowell Susan S
Seller's Agent
Grubb Campbell Group
Village Properties
Buyer's Agent
Shereef Moharram
Price, Postel & Parma LLP
List Price
$2,195,000
Sold Price
$2,205,000
Premium/Discount to List
$10,000
0.46%
Current Estimated Value
$3,369,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,164,948
Avg. Annual Appreciation
6.21%

Purchase Details

Closed on
Mar 1, 2012
Sold by
Demarco George and Demarco Asha
Bought by
Demarco George and Demarco Asha

Purchase Details

Closed on
Jun 8, 2004
Sold by
Kaltenbach Jeffrey L and Canon Kaltenbach Catherine
Bought by
Demarco George and Demarco Asha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 15, 2002
Sold by
Kaltenbach Jeffrey L and Canon Kaltenbach Catherine
Bought by
Kaltenbach Jeffrey L and Canon Kaltenbach Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,000
Interest Rate
7.11%

Purchase Details

Closed on
May 22, 2000
Sold by
Thomas Kandl and Daniela Treffinger
Bought by
Kaltenbach Jeffrey L and Canon Kaltenbach Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
8.12%

Purchase Details

Closed on
Sep 9, 1997
Sold by
Emit Wagoner Darrell
Bought by
Kandl Thomas and Treffinger Daniela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,400
Interest Rate
7.34%

Purchase Details

Closed on
Sep 5, 1997
Sold by
Diane Wagoner Mary
Bought by
Wagoner Darrell Emit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,400
Interest Rate
7.34%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcdowell Whitney W $2,205,000 Chicago Title Co
Demarco George -- None Available
Demarco George -- Equity Title Company Santa B
Kaltenbach Jeffrey L -- Chicago Title Co
Kaltenbach Jeffrey L -- Chicago Title Co
Kaltenbach Jeffrey L -- Equity Title Company
Kandl Thomas $343,000 Equity Title Company
Wagoner Darrell Emit $49,500 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Demarco George $1,000,000
Previous Owner Kaltenbach Jeffrey L $263,000
Previous Owner Kaltenbach Jeffrey L $165,000
Previous Owner Kandl Thomas $274,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2018 12/21/18 Sold $2,205,000 +0.5% $966 / Sq Ft
11/16/2018 11/16/18 Pending -- -- --
10/23/2018 10/23/18 For Sale $2,195,000 -- $962 / 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 $25,695 $2,475,632 $1,227,068 $1,248,564
2023 $25,695 $2,379,502 $1,179,420 $1,200,082
2022 $24,796 $2,332,846 $1,156,295 $1,176,551
2021 $24,073 $2,272,399 $1,133,623 $1,138,776
2020 $23,826 $2,249,100 $1,122,000 $1,127,100
2019 $23,411 $2,205,000 $1,100,000 $1,105,000
2018 $14,587 $1,372,000 $931,000 $441,000
2017 $13,704 $1,307,000 $887,000 $420,000
2016 $13,014 $1,245,000 $845,000 $400,000
2014 $11,366 $1,079,000 $732,000 $347,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 18-3849

Santa Barbara Multiple Listing Service

APN: 035-102-002