NOT LISTED FOR SALE

Estimated Value: $6,590,000 - $8,849,000

1.74 Acres
$4,372,193 Price per Acre
75,794 Sq Ft Lot

Last Sold June 11, 2018

Last sale price $1,750,000

Est. 335% increase in value since last sale

Current estimated payment $43,169/month

97 Days on Market

Highlights

  • Ocean View
  • Santa Barbara Senior High School Rated A-
  • Level Lot

About This Lot

As of June 2018

Don't miss this amazing opportunity to build a beautifully designed ocean view home, including pool and pool cabana on 1.7 private park-like acres with incredible unobstructed ocean and island views over looking the Montecito country club. The architectural plans for this highly sought after modern Napa farmhouse design have been fully approved. This Montecito address is not located in an evacuation zone.

Last Agent to Sell the Property

Michael Calcagno

Berkshire Hathaway HomeServices California Properties License #01499736 / 01129919 Listed on: 05/03/2018

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Crysta Metzger

Sotheby's International Realty License #01340521

Property Details

Property Type

  • Land

Lot Details

Schools

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

Additional Features

  • Ocean Views
  • Level Lot
  • Gas Available

Listing and Financial Details

  • Assessor Parcel Number 015-173-028

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Reso Property Sub Type: Residential/SFR
  • ResoLotFeatures: Level
  • NeighborhoodSchools Elementary School: Cleveland
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Utility Info Water: Yes
  • LocationTopo Level: Yes
  • Utility Info Electric2: Yes
  • Utility Info Sewer: Yes
  • WaterSewer Sewer Avail: Yes
  • ViewOcean: Yes
  • Utility Info Gas6: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Ocean
  • Topography: Level

Schools

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

Lot Info

  • Parcel #: 015-173-028
  • Zoning: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2018
Closed on
Jun 1, 2018
Sold by
Rudd Charlres
Bought by
Johnspon Berkeleny Nicholas and Johnspon Karne
Seller's Agent
Michael Calcagno
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Crysta Metzger
Sotheby's International Realty
List Price
$1,950,000
Sold Price
$1,750,000
Premium/Discount to List
-$200,000
-10.26%
Current Estimated Value
$7,607,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,857,616
Avg. Annual Appreciation
21.42%

Purchase Details

Closed on
Jun 7, 2016
Sold by
Mitchell Mark Merritt and Mitchell Kim Lois
Bought by
The Charles R Rudd Jr Family Trust

Purchase Details

Closed on
Aug 15, 2012
Sold by
American Riviera Bank
Bought by
Mitchell Mark Merritt and Mitchell Kim Lois

Purchase Details

Closed on
Mar 10, 2011
Sold by
Moriarty Kerry S
Bought by
American Riviera Bank

Purchase Details

Closed on
Oct 24, 2005
Sold by
Moriarty Geonine
Bought by
Moriarty Kerry S

Purchase Details

Closed on
Oct 6, 2005
Sold by
Hough David George
Bought by
Moriarty Kerry S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Johnspon Berkeleny Nicholas $1,750,000 Fidelity National Title Co
The Charles R Rudd Jr Family Trust $722,000 Fidelity National Title Co
Mitchell Mark Merritt $550,000 First American Title Company
American Riviera Bank $655,000 None Available
Moriarty Kerry S -- Equity Title Company Santa B
Moriarty Kerry S -- Equity Title Company Santa B
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2018 06/11/18 Sold $1,750,000 -10.3% --
05/21/2018 05/21/18 Pending -- -- --
02/13/2018 02/13/18 For Sale $1,950,000 -- --
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 $41,140 $3,942,968 $1,565,710 $2,377,258
2023 $41,140 $3,789,860 $1,504,912 $2,284,948
2022 $39,825 $3,715,550 $1,475,404 $2,240,146
2021 $38,933 $3,642,697 $1,446,475 $2,196,222
2020 $39,846 $3,735,700 $1,920,700 $1,815,000
2019 $22,485 $2,120,000 $1,885,000 $235,000
2018 $8,020 $751,168 $751,168 $0
2017 $7,756 $736,440 $736,440 $0
2016 $6,061 $572,128 $572,128 $0
2015 $5,995 $563,535 $563,535 $0
2014 $5,898 $552,497 $552,497 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 18-498

Santa Barbara Multiple Listing Service

APN: 015-173-028