RENTED APR 9, 2025

968 Medio Rd Santa Barbara, CA 93103

Lower Riviera Neighborhood

Estimated Value: $1,629,000 - $2,408,000

2 Beds
1 Bath
1,544 Sq Ft
$1,307/Sq Ft Est. Value

Last Sold January 27, 2017

Last sale price $1,040,000 $674 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $11,499/month

Highlights

  • Ocean View
  • Wood Flooring
  • 1-Story Property
  • Franklin Elementary School Rated A-
  • Furnished
  • Property is in excellent condition

About This Home

As of April 2025

Avail. for the month of June '25 at $8500.
Kick back and relax in this spacious, luxurious, sun filled centrally located 2 BR home in the lower Riviera on a private dead end street . Designer decorated. Very private. Beautiful garden with huge palm trees and back patio has ocean views. House is fully equipped with Hotel linens. outdoor grill and pizza oven , and so much more. .
Every room is beautifully decorated , serene and comfortable in this interior designers home . It is great for entertaining. The property is secluded with high hedge on dead end street. Beautiful mature gardens and a wrap around terrace/deck with ocean views- perfect for relaxing at the end of the day to watch the sunset.

Last Agent to Rent the Property

Jackie Walters

Village Properties License #00835438 Listed on: 12/06/2024

Last Renter's Agent

Jackie Walters

Village Properties License #00835438 Listed on: 12/06/2024

Home Details

Home Type

  • Single Family

Year Built

  • 1937

Lot Details

  • Property is in excellent condition

Interior Spaces

  • 1-Story Property
  • Furnished
  • Living Room with Fireplace
  • Wood Flooring
  • Ocean Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Listing and Financial Details

  • Property Available on 4/1/25
  • Assessor Parcel Number 029-323-002

Home Details

Home Type

Single Family

Year Built

1937

Lot Details

0

Listing Details

  • Prop. Type: ResidentialLease
  • Reso Property Sub Type: Home/Estate
  • NumberUnfurnished: Furnished
  • Reso Flooring: Wood
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Condition Excellent: Yes
  • Property Information:Date Available: 2025-04-01
  • Property Information Total Bathrooms2: 1.0
  • Construction Single Story: Yes
  • Fireplace(s) Living Room: Yes
  • Furnishings Fully Furnished: Yes
  • View Ocean2: Yes
  • Pets Maybe: Yes
  • FlrWdw Coverings Wood: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1937

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room

Exterior Features

  • View: Ocean

Lot Info

  • Parcel #: 029-323-002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2016
Closed on
Jan 19, 2017
Sold by
Loveday Anna Maria
Bought by
Faitell Lisa Smith
Seller's Agent
Terry Power
Kirk Properties
Buyer's Agent
Chris Palme
Sotheby's International Realty
List Price
$1,300,000
Sold Price
$1,040,000
Premium/Discount to List
-$260,000
-20%
Current Estimated Value
$2,018,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$978,112
Avg. Annual Appreciation
7.66%

Purchase Details

Closed on
Oct 16, 2014
Sold by
Loveday Anna Maria
Bought by
Loveday Anna Maria

Purchase Details

Closed on
Nov 21, 2011
Sold by
Dobbs Carla M
Bought by
Loveday Anna Maria

Purchase Details

Closed on
Apr 12, 2004
Sold by
Almeroth Kevin C and Almeroth Tiffany D
Bought by
Dobbs Carla M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2001
Sold by
Almeroth Kevin C and Almeroth Tiffany D
Bought by
Almeroth Kevin C and Almeroth Tiffany D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.7%

Purchase Details

Closed on
Feb 2, 2000
Sold by
Lion Peter and Lion Peter Trust
Bought by
Almeroth Kevin C and Levin Tiffany D

Purchase Details

Closed on
Aug 15, 1997
Sold by
Peter Lion
Bought by
Lion Peter

Purchase Details

Closed on
Nov 8, 1993
Sold by
Hofer Brian A and Hofer Susan V
Bought by
Lion Peter
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
Faitell Lisa Smith $1,040,000 Wfg National Title Ins Co
Loveday Anna Maria -- None Available
Loveday Anna Maria $730,000 Chicago Title Company
Dobbs Carla M -- Lawyers Title Company
Almeroth Kevin C -- Fidelity National Title Co
Almeroth Kevin C $650,000 American Title Co
Lion Peter -- --
Lion Peter $365,000 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dobbs Carla M $880,000
Previous Owner Almeroth Kevin C $196,000
Closed Dobbs Carla M $12,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/09/2025 04/09/25 Rented -- -- --
03/25/2025 03/25/25 Price Changed $8,500 +9.0% $6 / Sq Ft
01/03/2025 01/03/25 Price Changed $7,800 +4.0% $5 / Sq Ft
12/06/2024 12/06/24 For Rent $7,500 0.0% --
01/27/2017 01/27/17 Sold $1,040,000 -20.0% $674 / Sq Ft View Prior Sale
01/13/2017 01/13/17 Pending -- -- --
08/24/2016 08/24/16 For Sale $1,300,000 -- $842 / 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 $12,609 $1,210,064 $765,985 $444,079
2023 $12,609 $1,225,137 $736,242 $488,895
2022 $12,448 $1,167,390 $721,806 $445,584
2021 $11,848 $1,115,089 $707,653 $407,436
2020 $11,725 $1,103,656 $700,397 $403,259
2019 $11,518 $1,082,016 $686,664 $395,352
2018 $11,352 $1,060,800 $673,200 $387,600
2017 $8,422 $790,047 $519,483 $270,564
2016 $8,195 $774,557 $509,298 $265,259
2014 $7,971 $747,979 $491,822 $256,157
Source: Public Records

Agents Affiliated with this Home

  • Jackie Walters

    Landlord's Agent in 2025

    Jackie Walters

    Village Properties

    (805) 969-8900

    23 Total Sales

    Jackie Walters
    Section Image

  • T

    Seller's Agent in 2017

    Terry Power

    Kirk Properties

  • Chris Palme

    Buyer's Agent in 2017

    Chris Palme

    Sotheby's International Realty

    (805) 448-3066

    2 in this area

    13 Total Sales

    Chris Palme
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 24-3894

Santa Barbara Multiple Listing Service

APN: 029-323-002

California Santa Barbara County Santa Barbara 93103 Lower Riviera

968 Medio Rd, Santa Barbara, CA

Not Listed for Sale

Detached

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