NOT LISTED FOR SALE

Estimated Value: $2,167,000 - $2,827,114

5 Beds
3 Baths
3,785 Sq Ft
$684/Sq Ft Est. Value

Sale Details

Date Sold: August 14, 2024

Last sale price $2,300,000 $608 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $16,273 / mo

12 Days on Market

Highlights

  • Accessory Dwelling Unit (ADU)
  • Horses Allowed in Community
  • Multiple Fireplaces
  • Ellwood Elementary School Rated A-
  • View of Trees or Woods
  • Wooded Lot

About This Home

As of August 2024

Captivating Rancho Embarcadero!
Welcome to your dream home in the heart of the coveted Rancho Embarcadero enclave! This exquisite 5-bedroom, 3-bathroom property offers serene country living. Situated on a sprawling 1.2-acre lot, this retreat is a rare gem that caters to both equestrian enthusiasts and those seeking a peaceful retreat close to the vibrant amenities of the area. This Mid-Century Ranch Home includes a delightful 1-bedroom, 1-bathroom ADU, ideal for extended family, guests, or rental income. This versatile space ensures privacy and comfort, featuring its own kitchen, living area, and a private entrance. Embrace the beauty of nature where equestrian amenities meet tranquil landscapes. The property has previously housed horses, making it a perfect fit for horse lovers. A picturesque creek runs along the back of the property, offering a serene setting for relaxation and reflection. Enjoy the best of both worlds with this home's prime location. Immerse yourself in the peaceful ambiance of country living while being mere minutes away from the area's top attractions including the oceanfront Ritz Carlton Bacara (with memberships available for local residents), The Sandpiper Golf Course, Ellwood Beach and Butterfly Grove, the Camino Real Shopping Center, and so much more! This Rancho Embarcadero home is a rare find, offering a harmonious blend of elegance, comfort, and convenience. All of this is just minutes to everything Santa Barbara has to offer! Don't miss your chance to own this slice of paradise.

Last Agent to Sell the Property

David Vartabedian

Keller Williams Realty Santa Barbara Listed on: 07/11/2024

Co-Listed By

Santa Barbara | Montecito Real Estate Advisors

Keller Williams Realty Santa Barbara License #00994429

Last Buyer's Agent

Marie Sue Parsons &

Berkshire Hathaway HomeServices California Properties

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • 1.2 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Wooded Lot
  • Lawn
  • Property is zoned E-1

Parking

  • 3 Car Garage

Property Views

  • Woods
  • Mountain

Home Design

  • 2-Story Property
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,785 Sq Ft Home
  • Multiple Fireplaces
  • Dining Area
  • Laundry in Garage

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

  • Ellwood Elementary School
  • Gol Valley Middle School
  • Dos Pueblos High School

Additional Features

  • Covered Patio or Porch
  • Accessory Dwelling Unit (ADU)
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 079-272-010

Community Details

Overview

  • 35 Rancho Embarcadero Subdivision

Recreation

  • Horses Allowed in Community

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

1.2 Acres

Parking

3

Listing Details

  • Prop. Type: Residential
  • Year Built: 1965
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: In Garage
  • ResoLotFeatures: Level
  • Co List Office Mls Id: kwrc3
  • Co List Office Phone: 805-456-3600
  • Subdivision Name: 35 - Rancho Embarcadero
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: Two, Outside Stairs
  • Reso Other Structures: ADU (Accessory Dwelling Unit)
  • Property Information Year Built2: 1965
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.2
  • NeighborhoodSchools Elementary School: Ellwood
  • NeighborhoodSchools Junior High School: Gol Valley
  • NeighborhoodSchools High School: Dos Pueblos
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • View Setting2: Yes
  • Dining Dining Area2: Yes
  • Construction Two Story2: Yes
  • ParkingGarage Gar #33: Yes
  • Other Buildings ADU (Accessory Dwelling Unit): Yes
  • View Wooded3: Yes
  • Amenities Guest House2: Yes
  • GroundsLandscaping Wooded4: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • Fireplace(s):_two_3: Yes
  • Roof:Tile2: Yes
  • Amenities Horses2: Yes
  • Laundry In Garage2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • ParkingGarage:Total _pound_ Garage Spaces: 3.0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: 2

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Setting, Wooded
  • Construction Type: Stucco
  • Acres: 1.2
  • Topography: Level
  • Exterior Features: Patio Open, Patio Covered, Lawn, Wooded, Fenced: PRT
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Gar #3

Utilities

  • Heating: Radiant
  • HeatingYN: Yes
  • Heating:Radiant: Yes

Schools

  • Elementary School: Ellwood
  • High School: Dos Pueblos
  • Middle Or Junior School: Gol Valley

Lot Info

  • Parcel #: 079-272-010
  • Zoning: E-1
  • Lot Size Sq Ft: 52272.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2024
Closed on
Aug 1, 2024
Sold by
Richard T Schiada Revocable Trust and Schiada Gwen
Bought by
Seller's Agent
David Vartabedian
Keller Williams Realty Santa Barbara
Buyer's Agent
Marie Sue Parsons &
Berkshire Hathaway HomeServices California Properties
List Price
$2,495,000
Sold Price
$2,300,000
Premium/Discount to List
-$195,000
-7.82%
Views
58
Current Estimated Value
$2,590,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,029
Avg. Annual Appreciation
5.96%
Original Mortgage
$838,350
Outstanding Balance
$821,329
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$1,768,700

Purchase Details

Closed on
Mar 12, 2004
Sold by
Schiada Richard T
Bought by
Schiada Richard T and Richard T Schiada Revocable Trust
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,300,000 Fidelity National Title
Schiada Richard T -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $838,350
Previous Owner Schiada Richard T $338,319
Previous Owner Schiada Richard T $283,866
Previous Owner Schiada Richard T $285,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/14/2024 08/14/24 Sold $2,300,000 -7.8% $608 / Sq Ft
07/24/2024 07/24/24 Pending -- -- --
07/11/2024 07/11/24 For Sale $2,495,000 0.0% $659 / Sq Ft
11/20/2020 11/20/20 Rented $1,750 0.0% --
11/20/2020 11/20/20 Under Contract -- -- --
11/11/2020 11/11/20 For Rent $1,750 +1.4% --
10/24/2019 10/24/19 Rented $1,725 -1.4% --
10/24/2019 10/24/19 Under Contract -- -- --
10/03/2019 10/03/19 For Rent $1,750 -- --
Source: Santa Barbara Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $24,610 $2,346,000 $1,122,000 $1,224,000
2025 $4,285 $2,300,000 $1,100,000 $1,200,000
2023 $4,285 $366,367 $82,263 $284,104
2022 $4,025 $359,184 $80,650 $278,534
2021 $3,958 $352,142 $79,069 $273,073
2020 $3,857 $348,532 $78,259 $270,273
2019 $3,788 $341,699 $76,725 $264,974
2018 $3,719 $335,000 $75,221 $259,779
2017 $3,659 $328,433 $73,747 $254,686
2016 $3,581 $321,994 $72,301 $249,693
2014 $3,450 $310,946 $69,820 $241,126
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 24-2297

Santa Barbara Multiple Listing Service

APN: 079-272-010

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