NOT LISTED FOR SALE

Estimated Value: $1,850,000 - $4,778,000

3 Beds
2 Baths
1,860 Sq Ft
$2,006/Sq Ft Est. Value

Last Sold April 01, 2021

Last sale price $3,770,000 $2,027 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $24,397/month

4 Days on Market

About This Home

As of April 2021

Rare single story remodeled beachfront beauty at Mandalay Beach, 3bedrooms + 2bath + large tv/game room + fireplace + 3 car garage, great blend of Italian tile, cherry wood cabinets, granite, and onyx; well appointed spacious kitchen opening to vaulted ceiling beachfront living room and dining area; on beach side of house is full width wall of glass with sliding glass doors that opens to one of the largest beachfront decks on any beachfront house at Mandalay, direct access to wide sandy beach on one of the largest beachfront lots, 40 feet of frontage; panoramic ocean, island, whitewater, sunset, and coastal vistas out over the Santa Barbara channel to the Channel Islands and the Ventura foothills

Last Agent to Sell the Property

Gary Cuoco

Re/Max Gold Coast Realty License #00608201 Listed on: 02/16/2021

Re/Max Gold Coast Realty

Last Buyer's Agent

Non Member Agent

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,237

Year Built

  • Built in 1970

Lot Details

  • Ocean Front

Parking

  • 3 Car Attached Garage
  • 3 Open Parking Spaces

Property Views

  • Ocean
  • Beach
  • Panoramic
  • City
  • Mountain

Home Design

  • 1,860 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Underground Utilities
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 191-0-051-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,237

Year Built

Built in 1970

Lot Details

0

Parking

3

Listing Details

  • Directions: 5th street west to mandalay beach rd left to 867
  • Prop. Type: Residential
  • Year Built: 1970
  • Reso Property Sub Type: Home/Estate
  • Road Frontage Type: Oceanfront
  • ResoLotFeatures: Waterfront, Oceanfront
  • Garage Yn: Yes
  • Property Information Year Built2: 1970
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • Site Improvements Underground Util: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • ParkingGarage Attached: Yes
  • ParkingGarage Gar #33: Yes
  • WaterSewer Septic In: Yes
  • ViewOcean: Yes
  • ParkingGarage Total # Uncovered Spaces: 3.0
  • View Beach2: Yes
  • LocationTopo Oceanfront2: Yes
  • View City4: Yes
  • ParkingGarage:Total _pound_ Garage Spaces: 3.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • View: Beach, Mountain(s), Ocean, City, Panoramic
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features: Gar #3, Attached

Utilities

  • Utilities: Underground Util

Condo/Co-op/Association

  • Community Features: Street Lights

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 191-0-051-025
  • Zoning: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2021
Closed on
Feb 22, 2021
Sold by
Lahoud Ignace and Lahoud Isabelle
Bought by
Fotter Jason and Fotter Lorene
Seller's Agent
Gary Cuoco
Re/Max Gold Coast Realty
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$3,750,000
Sold Price
$3,770,000
Premium/Discount to List
$20,000
0.53%
Current Estimated Value
$3,731,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$38,129
Avg. Annual Appreciation
-0.23%

Purchase Details

Listed on
Dec 9, 2015
Closed on
Mar 14, 2016
Sold by
Rumbles Wayne and Rumbles Yvonne
Bought by
Lahoud Ignace and Lahoud Isabelle
Seller's Agent
Gary Cuoco
Re/Max Gold Coast Realty
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$3,295,000
Sold Price
$3,000,000
Premium/Discount to List
-$295,000
-8.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.70%
Original Mortgage
$1,500,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 3, 2010
Sold by
Sherman Michael A and Sherman Stacey J
Bought by
Rumbles Wayne and Rumbles Yvonne

Purchase Details

Closed on
Aug 16, 2005
Sold by
Hartman Steven E and Hartman Hilary E
Bought by
Hartman Steven E and Hartman Hillary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,136,800
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2005
Sold by
Walsh Simone Rogner and Walsh Dean R
Bought by
Sherman Michael A and Sherman Stacey J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,136,800
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2001
Sold by
Young Shari Maruska
Bought by
Walsh Dean R and Walsh Simone Rogner

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.24%
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
Fotter Jason $3,770,000 Fidelity National Title Co
Lahoud Ignace $3,000,000 Fidelity National Title
Rumbles Wayne $2,590,000 Fidelity National Title Co
Hartman Steven E -- First Southwestern Title
Sherman Michael A $2,671,000 First Southwestern Title Co
Walsh Dean R $950,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lahoud Ignace $1,500,000
Previous Owner Sherman Michael A $2,136,800
Previous Owner Walsh Simone Rogner $525,000
Previous Owner Walsh Simone Rogner $510,000
Previous Owner Walsh Dean R $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2021 04/01/21 Sold $3,770,000 +0.5% $2,027 / Sq Ft
02/20/2021 02/20/21 Pending -- -- --
02/16/2021 02/16/21 For Sale $3,750,000 +25.0% $2,016 / Sq Ft
04/14/2016 04/14/16 Sold $3,000,000 -9.0% $1,613 / Sq Ft
03/03/2016 03/03/16 Pending -- -- --
12/09/2015 12/09/15 For Sale $3,295,000 -- $1,772 / 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 $49,237 $4,080,769 $2,652,501 $1,428,268
2024 $49,237 $4,000,754 $2,600,491 $1,400,263
2023 $47,431 $3,922,308 $2,549,501 $1,372,807
2022 $45,996 $3,845,400 $2,499,510 $1,345,890
2021 $39,717 $3,280,935 $2,132,608 $1,148,327
2020 $40,461 $3,247,295 $2,110,742 $1,136,553
2019 $39,316 $3,183,623 $2,069,355 $1,114,268
2018 $38,762 $3,121,200 $2,028,780 $1,092,420
2017 $36,775 $3,060,000 $1,989,000 $1,071,000
2016 $29,035 $2,454,000 $2,179,000 $275,000
2015 $27,065 $2,229,000 $1,979,000 $250,000
2014 $23,733 $1,937,000 $1,720,000 $217,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 21-585

Santa Barbara Multiple Listing Service

APN: 191-0-051-025