NOT LISTED FOR SALE

866 Paseo Ferrelo Santa Barbara, CA 93103

Lower Riviera Neighborhood

Estimated Value: $2,485,000 - $3,035,000

3 Beds
2.5 Baths
2,010 Sq Ft
$1,333/Sq Ft Est. Value

Last Sold January 22, 2021

Last sale price $1,720,000 $856 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $15,714/month

4 Days on Market

Highlights

  • Ocean View
  • Deck
  • Hilly Lot
  • Franklin Elementary School Rated A-
  • Contemporary Architecture
  • Property is near park and shops

About This Home

As of January 2021

This spacious Riviera home has a wonderful open floor plan with wood cathedral ceilings and a bright living room, custom wood shutters on the 2 patio doors opening to a large view deck with classic south facing ocean, island, and city views. The living room has elegant marble wood burning fireplace. The kitchen includes an informal dining area, granite countertops, tile floors and walk in pantry. Powder room on this level. Attached garage and access to the private yard. Downstairs are 3 large bedrooms and 2 baths. The master bedroom has a skylight and private deck. Two baths on this level have newer vanities with Granite countertops. The laundry closet is conveniently located on this floor as well.
Cosmetic upgrades could make this home a wonderful gem on the Riviera.

Last Agent to Sell the Property

Andy Sillers

Spectrum Realty License #01127142 Listed on: 12/01/2020

Co-Listed By

Janine Michaud

Spectrum Realty License #00972087

Last Buyer's Agent

Wendy Carpenter

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1972

Lot Details

  • 8,276 Sq Ft Lot
  • Hilly Lot
  • Wooded Lot
  • Property is in good condition

Parking

  • Attached Garage

Property Views

  • Ocean
  • Harbor
  • City

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,010 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Double Pane Windows
  • Living Room with Fireplace
  • Open Floorplan
  • Fire and Smoke Detector
  • Laundry in unit

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Trash Compactor

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Cable TV Available

Additional Features

  • Deck
  • Property is near park and shops

Community Details

  • 15 Riviera/Lower Subdivision

Listing and Financial Details

  • Assessor Parcel Number 029-330-022

Home Details

Home Type

Single Family

Year Built

Built in 1972

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Directions: North Milpas, right East Canon Perdido St onto East Street which becomes Medio Rd., Right on Ferrelo and right Paseo Ferrelo
  • Prop. Type: Residential
  • Year Built: 1972
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: In Unit
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: spec
  • Co List Office Phone: 805-681-6268
  • Subdivision Name: 15 - Riviera/Lower
  • Architectural Style: Contemporary
  • Reso Flooring: Wood, Carpet, Tile
  • Garage Yn: Yes
  • Unit Levels: Split Level, Two
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1972
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.19
  • NeighborhoodSchools Elementary School: Franklin
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • LocationTopo Hilly2: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Attached: Yes
  • Proximity Near Park(s)2: Yes
  • Amenities Dual Pane Window2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Microwave3: Yes
  • Fireplace(s) LR: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Dining In Kitchen4: Yes
  • Condition Good2: Yes
  • Style:Contemporary2: Yes
  • Construction Split Level: Yes
  • GroundsLandscaping Wooded4: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Deck3: Yes
  • ViewOcean: Yes
  • Laundry In Unit2: Yes
  • Site Improvements Cable TV3: Yes
  • FlrWdw Coverings Wood2: Yes
  • Pets Yes: Yes
  • View Harbor2: Yes
  • View City4: Yes
  • Dining In Living Room2: Yes
  • Cooling None8: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Trash Compactor, Refrigerator, Dishwasher, Gas Stove, Microwave
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: LR
  • Appliances Included:Trash Compactor2: Yes

Exterior Features

  • Roof: Composition
  • View: Ocean, City, Harbor
  • Construction Type: Stucco
  • Acres: 0.19
  • Topography: Hilly
  • Exterior Features: Deck, Wooded
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #2, Attached

Utilities

  • Cooling: None
  • Heating: Forced Air
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Source: SB Wtr
  • Heating:Forced Air: Yes

Schools

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

Lot Info

  • Parcel #: 029-330-022
  • Zoning: R-1
  • Lot Size Sq Ft: 8276.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2020
Closed on
Jan 14, 2021
Sold by
Bettie Parks Ravel Revocable Living Trus and Tone Margo E
Bought by
Kaslow Vivian
Seller's Agent
Andy Sillers
Spectrum Realty
Buyer's Agent
Wendy Carpenter
Sotheby's International Realty
List Price
$1,695,000
Sold Price
$1,720,000
Premium/Discount to List
$25,000
1.47%
Current Estimated Value
$2,679,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$959,311
Avg. Annual Appreciation
8.95%
Original Mortgage
$1,373,408
Outstanding Balance
$1,225,771
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$1,453,540

Purchase Details

Closed on
Jun 14, 1999
Sold by
Ravel Bettie Parks Trustees and Ravel Gino T & Bettie P Fam Tr
Bought by
Ravel Bettie Parks

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.01%
Source: Public Records

Range of Values:

--
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 Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kaslow Vivian $1,720,000 First American Title
Ravel Bettie Parks -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaslow Vivian $1,373,408
Previous Owner Ravel Bettie Parks $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2021 01/22/21 Sold $1,720,000 +1.5% $856 / Sq Ft
12/05/2020 12/05/20 Pending -- -- --
12/01/2020 12/01/20 For Sale $1,695,000 -- $843 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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 $19,435 $1,861,782 $990,425 $871,357
2023 $19,435 $1,789,488 $951,966 $837,522
2022 $18,751 $1,754,400 $933,300 $821,100
2021 $3,620 $330,105 $156,169 $173,936
2020 $3,508 $326,721 $154,568 $172,153
2019 $3,444 $320,316 $151,538 $168,778
2018 $3,392 $314,036 $148,567 $165,469
2017 $3,279 $307,879 $145,654 $162,225
2016 $3,275 $301,844 $142,799 $159,045
2014 $3,185 $291,488 $137,900 $153,588
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Andy Sillers

    Spectrum Realty

    (805) 637-4136

    7 Total Sales

    Andy Sillers
    Section Image

  • J

    Seller Co-Listing Agent in 2021

    Janine Michaud

    Spectrum Realty

    (805) 245-8763

    8 Total Sales

    Janine Michaud
    Section Image

  • W

    Buyer's Agent in 2021

    Wendy Carpenter

    Sotheby's International Realty

    (805) 452-5586

    9 Total Sales

    Wendy Carpenter
    Section Image
See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-4630

Santa Barbara Multiple Listing Service

APN: 029-330-022

California Santa Barbara County Santa Barbara 93103 Lower Riviera

866 Paseo Ferrelo, Santa Barbara, CA

Not Listed for Sale

Detached

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