NOT LISTED FOR SALE

Estimated Value: $3,789,000 - $4,827,000

4 Beds
3.5 Baths
2,360 Sq Ft
$1,847/Sq Ft Est. Value

Last Sold May 06, 2021

Last sale price $3,088,000 $1,308 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $26,769/month

19 Days on Market

Highlights

  • Property is near an ocean
  • Panoramic View
  • Hilly Lot
  • Vieja Valley Elementary School Rated A
  • Colonial Architecture
  • Wooded Lot

About This Home

As of May 2021

Designed by noted Santa Barbara Architect AB Harmer (Old Montecito Firehouse/ San Ysidro Ranch) & perched on a sunny hilltop near the Hope Ranch gate, this gracious 1930's estate has had two long term owners in eighty years. Offering all day light and vintage charm, this airy one level home has 4 Bedrooms, 3.5 Baths, glass french doors, picture windows, and serene mountain views. A sprawling shady front porch overlooks the front drive and rose garden. Located on a quiet street-to-street lot with options for remodeling and further development. Private access to Hope Ranch's spectacular beach, near Vieja Valley and Laguna Blanca schools, La Cumbre Country Club, miles of bridle paths, and residents' tennis courts. Only 1.3 miles to the heart of Upper State Street shops and restaurants. Please do not go on property without appointment! Tenant occupied.

Last Agent to Sell the Property

Laura Collector

Sotheby's International Realty Listed on: 03/07/2021

Last Buyer's Agent

Non Member Agent

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,880

Year Built

  • Built in 1938

Lot Details

  • Level Lot
  • Hilly Lot
  • Wooded Lot
  • Lawn
  • Drought Tolerant Landscaping
  • Property is in average condition

HOA Fees

  • $208 Monthly HOA Fees

Property Views

  • Panoramic
  • Peek-A-Boo
  • Mountain
  • Park or Greenbelt

Home Design

  • Colonial Architecture
  • Ranch Style House
  • Cottage
  • Raised Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,360 Sq Ft Home
  • Living Room with Fireplace
  • Formal Dining Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • Garage
  • Uncovered Parking

Outdoor Features

  • Property is near an ocean
  • Patio
  • Shed

Location

  • Property near a hospital
  • Property is near schools
  • Property is near shops

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 063-031-002

Community Details

Overview

  • Association fees include security
  • $600 HOA Transfer Fee

Recreation

  • Tennis Courts

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,880

Year Built

Built in 1938

Lot Details

0

HOA Fees

$208 per month

Listing Details

  • Association Fee: apx 2,500/year
  • Association Transfer Fee: 600
  • Directions: Enter main gate of Hope Ranch and turn right on Via Presada, then L on Via Hierba.
  • Prop. Type: Residential
  • Year Built: 1938
  • Reso Property Sub Type: Home/Estate
  • ResoLotFeatures: Level
  • ResoSecurityFeatures: Patrol
  • Reso Association Amenities: Tennis Court(s), Security
  • Reso Association Fee Includes: Other, Security
  • Architectural Style: Cal Cottage, Colonial, Ranch
  • Reso Flooring: Wood, Carpet
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Reso Property Condition: Fair
  • Property Information Year Built2: 1938
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Vieja Valley
  • NeighborhoodSchools Junior High School: LaColina
  • NeighborhoodSchools High School: San Marcos
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • LocationTopo Level: Yes
  • LocationTopo Hilly2: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Style Cal Cottage: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Exterior Wood Siding: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Unc #4: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Drought Tolerant LND2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Ground Floor Primary: Yes
  • Fireplace(s) LR: Yes
  • Proximity Near Shopping2: Yes
  • Dining Formal2: Yes
  • GroundsLandscaping Wooded4: Yes
  • FlrWdw Coverings Carpet: Yes
  • Other Buildings Shed: Yes
  • View Green Belt2: Yes
  • FlrWdw Coverings Wood2: Yes
  • Proximity Near Hospital2: Yes
  • Condition Fair2: Yes
  • Foundation Raised: Yes
  • AssocPark Amenities Security: Yes
  • View PartialFiltered2: Yes
  • AssocPark Amenities Tennis Court(s)2: Yes
  • AssocPark Fee Incl Security2: Yes
  • Security Patrol2: Yes
  • Style Colonial2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: LR

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Setting, Green Belt, Partial/Filtered, Panoramic
  • Construction Type: Wood Siding, Stucco
  • Topography: Hilly, Level
  • Exterior Features: Patio Open, Lawn, Wooded, Drought Tolerant LND
  • Foundation Details: Raised, Mixed

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2, Unc #4

Utilities

  • 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 #: 063-031-002
  • Zoning: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2021
Closed on
Apr 30, 2021
Sold by
The Jean Klein Foundation
Bought by
Deal Michael David and Deal Sharon Seung
Seller's Agent
Laura Collector
Sotheby's International Realty
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$2,995,000
Sold Price
$3,088,000
Premium/Discount to List
$93,000
3.11%
Current Estimated Value
$4,359,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,271,781
Avg. Annual Appreciation
8.24%

Purchase Details

Closed on
Mar 23, 1999
Sold by
Edwards Emma and Klein Emma Edwards
Bought by
The Jean Klein Foundation

Purchase Details

Closed on
Feb 6, 1997
Sold by
Klein Jean
Bought by
Klein Emma Edwards

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$558,000
Interest Rate
7.85%

Purchase Details

Closed on
Jan 7, 1997
Sold by
Murphy Leone H and Heimlich Albert C
Bought by
Edwards Emma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$558,000
Interest Rate
7.85%

Purchase Details

Closed on
Nov 4, 1996
Sold by
Murphy Leone H and Heimlich Albert C
Bought by
Murphy Leona H and Heimlich Albert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.25%

Purchase Details

Closed on
Sep 25, 1996
Sold by
Heimlich Albert C and Murphy Leone H
Bought by
Heimlich Albert C and Murphy Leone H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.25%
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
Deal Michael David $3,088,000 Fidelity National Title Co
The Jean Klein Foundation -- --
Klein Emma Edwards -- Chicago Title
Edwards Emma $775,000 Chicago Title Co
Murphy Leona H -- Chicago Title Co
Heimlich Albert C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Edwards Emma $558,000
Previous Owner Murphy Leona H $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2021 05/06/21 Sold $3,088,000 +3.1% $1,308 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $2,995,000 0.0% $1,269 / Sq Ft
06/21/2015 06/21/15 Rented $5,300 0.0% --
06/21/2015 06/21/15 For Rent $5,300 -- --
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 $35,880 $4,413,875 $2,273,106 $2,140,769
2023 $35,880 $3,212,755 $2,184,840 $1,027,915
2022 $33,918 $3,149,760 $2,142,000 $1,007,760
2021 $14,639 $1,375,903 $1,158,664 $217,239
2020 $14,484 $1,361,796 $1,146,784 $215,012
2019 $14,055 $1,335,096 $1,124,299 $210,797
2018 $13,781 $1,308,918 $1,102,254 $206,664
2017 $13,473 $1,283,254 $1,080,642 $202,612
2016 $13,151 $1,258,093 $1,059,453 $198,640
2015 $13,012 $1,239,197 $1,043,540 $195,657
2014 -- $1,214,924 $1,023,099 $191,825
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 21-784

Santa Barbara Multiple Listing Service

APN: 063-031-002