NOT LISTED FOR SALE

Estimated Value: $2,817,000 - $3,459,000

4 Beds
4.5 Baths
3,306 Sq Ft
$950/Sq Ft Est. Value

Last Sold March 27, 2015

Last sale price $1,312,500 $397 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $18,669/month

96 Days on Market

Highlights

  • Ocean View
  • Updated Kitchen
  • Contemporary Architecture
  • Santa Barbara Senior High School Rated A-
  • Deck
  • Property is near a park

About This Home

As of March 2015

This stylish and expansive 4 BR / 4.5 BA home offers a versatile layout with luxury appointments and stunning city and sunset views. Located just minutes from Downtown Santa Barbara, the 3300 sqft home is set back from the street, providing an extremely quiet and tranquil location. On a $ per sq ft basis, this home is an exceptional value in the Santa Barbara real estate market. From the moment you enter, you know that this home is constructed with superb attention to detail and an artistic eye. Travertine tile covers the floor throughout much of the home, including the kitchen and all five bathrooms. The cabinetry throughout the home is all matching teak, with quality hardware, including the kitchen cabinets, the bathroom vanities and the built-in wardrobes in the guest bedrooms. Most rooms have substantial view windows to let in natural light and the exceptional vistas. From the entry foyer you can look out over the living room, the central focus of the house, taking in the fireplace with travertine mantel and the wall of glass through which to enjoy the incredible city and sunset views. Sliding doors lead out to a generous patio, which can be set for al fresco dining, or sipping wine while enjoying the scenery.

The large gourmet kitchen is a chef's dream with an abundance of cabinets (to rival any home in SB!) and plenty of workspace on the expansive granite counters. Stainless steel appliances combine with a breakfast bar and wet bar with display hutch and prep sink to complete the gourmet kitchen. The kitchen cabinets extend across the entire back wall of the house, functioning as a spectacular built-in pantry.

The master bedroom is positioned to display sunsets while you recline in bed. The expansive en suite bathroom features a soaking tub and a large walk-in shower, as well as dual sinks set in a large vanity with plenty of storage. His and Hers walk-in closets eliminate the need to battle over closet space, and both offer custom organizers.

On the lower level are two identical spacious bedroom suites, each with a walk-in closet, built-in wardrobe and a full bath with tub/shower combo. The two are separated by an area perfect for a sitting room and with access to a covered patio presenting the same incredible city and sunset views as the upper balcony. Alternatively, for dual living, a new buyer could explore converting the entire lower level into a guest apartment with access from Glen Albyn below for a completely separate living space.

The home's central staircase was thoughtfully designed to leave room to add an elevator.. The curved copper roof is a gorgeous architectural feature, accentuating the clean modern lines of the home and adds extra protection from fire, along with the fire sprinklers integrated throughout the home. The yard is landscaped with low maintenance, drought tolerant plants to blend into the surrounding natural beauty. The finished 2-car garage has high ceilings and extra space for storage or a workbench. There is additional storage under the home accessed through the utility room and yet more outdoor storage under the driveway that is both out of sight and out of the elements--perfect for tools or outdoor toys like surfboards and bikes.

This home is being sold for nearly $175 LESS than the average price/sqft in Mission Canyon Heights. This is a rare, quality built modern home at an unbeatable price!

Last Agent to Sell the Property

Daniel Zia

Keller Williams Realty Santa Barbara Listed on: 10/22/2014

Last Buyer's Agent

Timothy Johnson

Coastal Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,775

Year Built

  • Built in 2003

Lot Details

  • 8,712 Sq Ft Lot
  • Irrigation
  • Drought Tolerant Landscaping
  • Property is in excellent condition

Property Views

  • Ocean
  • Panoramic
  • City
  • Mountain

Home Design

  • Contemporary Architecture
  • Tri-Level Property
  • Metal Roof
  • Stucco

Interior Spaces

  • 3,306 Sq Ft Home
  • Wet Bar
  • Cathedral Ceiling
  • Double Pane Windows
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Remodeled Bathroom

Parking

  • Direct Access Garage
  • Open Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Schools

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

Utilities

  • Forced Air Heating System
  • Sewer Stub Out

Community Details

  • Mission Canyon Heigh Community
  • 15 Mission Canyon Subdivision

Listing and Financial Details

  • Assessor Parcel Number 023-161-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,775

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Directions: Take Foothill Rd to Tye Rd. Left on Cheltenham.
  • Prop. Type: Residential
  • Year Built: 2003
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Near Public Transit
  • ResoSecurityFeatures: Smoke Detector(s)
  • Subdivision Name: 15 - Mission Canyon
  • Architectural Style: Contemporary
  • Reso Flooring: Carpet, Stone
  • Garage Yn: Yes
  • Unit Levels: Tri-Level
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2003
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.2
  • NeighborhoodSchools Elementary School: Roosevelt
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Drought Tolerant LND2: Yes
  • View Setting2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Dining Breakfast Bar2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Microwave3: Yes
  • Fireplace(s) LR: Yes
  • Security Smoke Detector(s)2: Yes
  • WaterSewer Sewer Hookup: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Office3: Yes
  • Amenities Wet Bar2: Yes
  • FlrWdw Coverings Stone2: Yes
  • Property Information Apx Lot SqFt: 8712.0
  • Proximity Near Bus: Yes
  • Style:Contemporary2: Yes
  • FlrWdw Coverings Carpet: Yes
  • Location Info Development Name: Mission Canyon Heigh
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • GroundsLandscaping Deck3: Yes
  • ViewOcean: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • View City4: Yes
  • Construction Tri-Level2: Yes
  • ParkingGarage Unc #22: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Dishwasher, Disposal, Gas Stove, Microwave
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: LR
  • Total Bedrooms: 10

Exterior Features

  • Roof: Metal
  • View: Mountain(s), Ocean, City, Setting, Panoramic
  • Construction Type: Stucco
  • Acres: 0.2
  • Exterior Features: Deck, Patio Open, Patio Covered, Yard Irrigation PRT, Drought Tolerant LND
  • ConstructionSiding:Roof Metal: Yes

Garage/Parking

  • Attached Garage: Yes
  • Open Parking: Yes
  • Parking Features: Gar #2, Unc #2, Interior Access, Attached

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

Lot Info

  • Parcel #: 023-161-017
  • Zoning: R-1
  • Lot Size Sq Ft: 8712.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2021
Sold by
Fang Alexander and Fang Casey Brianne
Bought by
Fang Alexander Weiliang and Fang Casey Brianne
Current Estimated Value
$3,139,095

Purchase Details

Closed on
Sep 19, 2016
Sold by
Fang Alexander
Bought by
Fang Alexander and Fang Casey Brianne

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
3.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 22, 2014
Closed on
Feb 27, 2015
Sold by
Schulte Scott G and Kavanaugh Christen L
Bought by
Fang Alexander
Seller's Agent
Daniel Zia
Keller Williams Realty Santa Barbara
Buyer's Agent
Timothy Johnson
Coastal Properties
List Price
$1,399,000
Sold Price
$1,312,500
Premium/Discount to List
-$86,500
-6.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.71%
Original Mortgage
$1,000,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2011
Sold by
Schulte Scott G and Kavanaugh Christen L
Bought by
Schulte Scott G and Kavanaugh Christen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$545,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 18, 2009
Sold by
Schulte Eric F
Bought by
Schulte Eric F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2009
Sold by
Schulte Ortrun
Bought by
Schulte Ortrun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2009
Sold by
Us Bank National Association
Bought by
Schulte Scott G and Kavanaugh Christen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2009
Sold by
Miedema Jelmer and Miedema Bonnie J
Bought by
Us Bank National Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2005
Sold by
Lim Richard A
Bought by
Miedema Jelmer and Miedema Bonnie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 2001
Sold by
Lim Catherine
Bought by
Lim Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.15%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 11, 2001
Sold by
Levine Ruth R
Bought by
Grossgold Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.15%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 29, 2001
Sold by
Grossgold Richard
Bought by
Lim Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.15%
Mortgage Type
Seller Take Back
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
Fang Alexander Weiliang -- None Available
Fang Alexander -- Equity Title
Fang Alexander $1,312,500 Chicago Title
Schulte Scott G -- Accommodation
Schulte Scott G -- Pacific Coast Title
Schulte Eric F -- First American Title
Schulte Ortrun -- First American Title
Schulte Ortrun -- First American Title Company
Schulte Eric F -- First American Title Company
Schulte Scott G $1,100,000 First American Title Company
Us Bank National Association $1,258,348 Servicelink
Miedema Jelmer -- Chicago Title Company
Lim Richard A -- Equity Title Company
Grossgold Richard -- Equity Title Company
Lim Richard A $250,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fang Family Trust $1,000,000
Closed Fang Alexander $1,000,000
Closed Fang Alexander $1,000,000
Previous Owner Schulte Scott G $545,000
Previous Owner Schulte Scott G $550,000
Previous Owner Miedema Jelmer $1,235,000
Previous Owner Miedema Jelmer $800,000
Previous Owner Lim Richard A $920,000
Previous Owner Lim Richard A $920,000
Previous Owner Lim Richard A $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2015 03/27/15 Sold $1,312,500 -6.2% $397 / Sq Ft
01/25/2015 01/25/15 Pending -- -- --
10/21/2014 10/21/14 For Sale $1,399,000 -- $423 / 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 $18,775 $1,784,191 $693,973 $1,090,218
2023 $18,775 $1,669,912 $687,026 $982,886
2022 $17,522 $1,624,327 $675,418 $948,909
2021 $16,141 $1,499,343 $569,038 $930,305
2020 $15,977 $1,483,970 $563,204 $920,766
2019 $15,698 $1,454,873 $552,161 $902,712
2018 $15,474 $1,426,347 $541,335 $885,012
2017 $14,542 $1,359,165 $530,721 $828,444
2016 $14,454 $1,332,515 $520,315 $812,200
2014 $13,891 $1,158,288 $368,545 $789,743
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 14-3313

Santa Barbara Multiple Listing Service

APN: 023-161-017