NOT LISTED FOR SALE

Estimated Value: $4,018,017

3 Beds
2.5 Baths
2,510 Sq Ft
$1,601/Sq Ft Est. Value

Sale Details

Date Sold: August 30, 2019

Last sale price $3,250,000 $1,295 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $26,030 / mo

23 Days on Market

Highlights

  • Additional Residence on Property
  • Horse Facilities
  • Stables
  • Los Olivos Elementary School Rated A
  • Barn
  • Art Studio

About This Home

As of August 2019

OLIVECREST - Newly Offered, this Stunning Santa Ynez Valley Equestrian Estate on 6+ acres of all usable land within walking distance to the charming township of Los Olivos. The creators of this ideal Contemporary Ranch Compound blended maximum utility with luxury quality amenities to offer a casually elegant yet totally functional country farm with a cutting edge overtone & verdant, Zen-like atmosphere. The exterior grounds are gracefully appointed with native grasses, irrigated pastures, large Oaks and an Olive Grove. This property has been thoughtfully designed with both luxury and practical amenities featuring a comfortable main ranch home, an exquisitely complete guest house with sleek lines, walls of glass and an enclosed dining patio. Private, sophisticated office/studio with views of mountains and pastures. Beautifully constructed storage buildings with lofts, tool shop, ranch equipment, hay storage and a pristine 4-car collector's garage with custom motorized door. For the equestrian, are offered a 4 stall Center aisle show barn with runs, tack, feed, and grooming areas, professional quality arena, & large Freedom Walker. Special attention to detail is graceful, aesthetically tasteful and simply lovely. Simple, clean landscaping and discreet Kentucky black wood fencing privatize the entire property. Perfectly situated within walking distance to the village of Los Olivos, Olivecrest is truly a gem worth seeing. close to fine restaurants, top notch veterinary services, ideal weather, 30 minutes to Santa Barbara, 2 hrs from Los Angeles. Truly a gem.

Last Agent to Sell the Property

Carole Colone

Berkshire Hathaway HomeServices California Properties License #01223216 Listed on: 06/03/2019

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Claire Hanssen

Berkshire Hathaway HomeServices California Properties License #00887277

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Claire Hanssen

Coldwell Banker Premier R.E.

Range of Values:

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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 Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • 6.5 Acre Lot
  • Cul-De-Sac
  • Gated Home
  • Level Lot
  • Irrigation
  • Fruit Trees
  • Lawn
  • Drought Tolerant Landscaping
  • Property is in excellent condition

Parking

  • 6 Car Garage
  • RV Access or Parking

Home Design

  • Contemporary Architecture
  • Cottage
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,510 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Library
  • Loft
  • Art Studio
  • Music Room
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Guest Quarters

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch
  • Separate Outdoor Workshop
  • Built-In Barbecue

Location

  • Property is near park, schools, and shops
  • Property near a hospital

Horse Facilities and Amenities

  • Farm Equipment
  • Paddocks
  • Stables

Additional Features

  • Stepless Entry
  • Additional Residence on Property
  • Barn
  • Central Air

Listing and Financial Details

  • Exclusions: Other
  • Assessor Parcel Number 135-220-050

Community Details

Overview

  • Property has a Home Owners Association
  • 4 Units
  • Oakcrest Estates Community

Amenities

  • Laundry Facilities

Recreation

  • Horse Facilities
  • Horses Allowed in Community

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

6.5 Acres

Parking

6

Listing Details

  • Directions: Grand to Park to Oakcrest Farms
  • Prop. Type: Residential
  • Year Built: 1977
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Other, Common Area
  • ResoLotFeatures: Level, Cul-De-Sac, Other
  • ResoSecurityFeatures: Gate:Elec, Other
  • Reso Association Amenities: Other
  • Reso Association Fee Includes: Other
  • Co List Office Mls Id: prurh2
  • Co List Office Phone: 805-688-1794
  • MLS Status: Closed
  • Standard Status: Closed
  • Reso Accessibility Features: Other
  • Architectural Style: Other, Cal Cottage, Contemporary
  • Reso Flooring: Wood, Carpet, Tile
  • Garage Yn: Yes
  • Unit Levels: Entry Lvl(No Stairs), Single Story
  • New Construction: No
  • Reso Other Structures: Other, Barn(s), Stable(s), Paddock, Work Shop, Ranch Equipment
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1977
  • Property Information Total #Units: 4
  • Property Information Apx # Acres: 6.5
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Style Cal Cottage: Yes
  • Construction Entry Lvl(No Stairs)2: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • GroundsLandscaping Drought Tolerant LND2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Breakfast Bar2: Yes
  • Amenities Dual Pane Window2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security GateElec: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • Property Information Main House SqFt: 2510.0
  • GroundsLandscaping Built-in BBQ: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Art Studio2: Yes
  • Rooms Office3: Yes
  • Dining Formal2: Yes
  • Amenities Guest House2: Yes
  • Amenities Guest Quarters2: Yes
  • Style:Contemporary2: Yes
  • Other Buildings Work Shop2: Yes
  • FlrWdw Coverings Carpet: Yes
  • Location Info Development Name: Oakcrest Estates
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • GroundsLandscaping Horse Facility2: Yes
  • Other Buildings Barn2: Yes
  • Other Buildings Stable2: Yes
  • Other Buildings Paddock2: Yes
  • Other Buildings Second Residence2: Yes
  • Amenities Horses2: Yes
  • LocationTopo Cul-De-Sac2: Yes
  • FlrWdw Coverings Wood2: Yes
  • Proximity Near Hospital2: Yes
  • Pets Yes: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Rooms:Den: Yes
  • Laundry Common Area2: Yes
  • View Other27: Yes
  • Rooms LbryStudy: Yes
  • Rooms Patio Enclosed2: Yes
  • Rooms Music Room2: Yes
  • ParkingGarage RV: Yes
  • Other Buildings Ranch Equipment2: Yes
  • Rooms Loft2: Yes
  • ParkingGarage Gar #6: Yes
  • ParkingGarage:Total _pound_ Garage Spaces: 6.0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Other, Dishwasher, Disposal, Dryer, Gas Stove, Microwave, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: LR

Exterior Features

  • Roof: Other, Composition
  • View: Other, Mountain(s)
  • Construction Type: Wood Siding, Other
  • Acres: 6.5
  • Topography: Level
  • Exclusions: Other
  • Exterior Features: Other, Patio Open, Patio Covered, Horse Facility, Lawn, Fruit Trees, Yard Irrigation T/O, Yard Irrigation PRT, Fenced: ALL, Drought Tolerant LND
  • Foundation Details: Slab, Other
  • Patio And Porch Features: Enclosed

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 6.0
  • Parking Features: Gar #2, Gar #6, RV

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Community Features: Other
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 135-220-050
  • Zoning: R-1
  • Lot Size Sq Ft: 283140.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2019
Closed on
Aug 23, 2019
Sold by
Mastromonaco Giovanni
Bought by
Seller's Agent
Carole Colone
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Claire Hanssen
Coldwell Banker Premier R.E.
List Price
$3,395,000
Sold Price
$3,250,000
Premium/Discount to List
-$145,000
-4.27%
Current Estimated Value
$4,018,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$768,017
Avg. Annual Appreciation
3.05%
Original Mortgage
$2,275,000
Outstanding Balance
$1,953,164
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$2,064,853

Purchase Details

Listed on
May 11, 2012
Closed on
Sep 10, 2012
Sold by
Schoff W Michael
Bought by
Mastromonaco Giovanni and Mastromonaco Sandy
Seller's Agent
Laura Drammer
Sotheby's International Realty Santa Ynez Valley Brokerage
Buyer's Agent
Carole Colone
Berkshire Hathaway HomeServ-Los Olivos
Sold Price
$1,420,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.75%
Original Mortgage
$700,000
Interest Rate
3.63%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 29, 2010
Sold by
Pfluegler Christian Rudolf
Bought by
Shroll Leslie Chesebro

Purchase Details

Closed on
Jul 25, 2007
Sold by
Shroll Robert W and Chesebro Shroll Leslie
Bought by
Bank Of New York and The Certificateholder S Cwmbs Inc Altern

Purchase Details

Closed on
Sep 25, 2006
Sold by
Shroll Robert W
Bought by
Shroll Leslie Chesebro

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
6.43%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 25, 2004
Sold by
Chesebro Phyllis A and Shroll Robert
Bought by
Shroll Robert W and Shroll Leslie Chesebro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.19%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 5, 2003
Sold by
Chesebro Phyllis A
Bought by
Shroll Robert and Chesebro Shroll Leslie

Purchase Details

Closed on
Aug 1, 2003
Sold by
Chesebro Phyllis A
Bought by
Chesebro Phyllis A and Shroll Robert

Purchase Details

Closed on
Jun 10, 2002
Sold by
Sands William
Bought by
Chesebro Phyllis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
5.5%

Purchase Details

Closed on
Oct 20, 1994
Sold by
Sands William
Bought by
Sands William and William Sands Trust
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Santa Ynez, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,250,000 First American Title Company
Mastromonaco Giovanni $1,420,000 Chicago Title Company
Shroll Leslie Chesebro -- First American Title Company
Bank Of New York $1,485,000 None Available
Shroll Leslie Chesebro -- Accommodation
Shroll Robert W -- Stewart Title Of Ca Inc
Shroll Robert -- --
Chesebro Phyllis A -- Lawyers Title Company
Chesebro Phyllis A $1,250,000 Lawyers Title Company
Sands William -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,275,000
Previous Owner Mastromonaco Giovanni $700,000
Previous Owner Shroll Robert W $550,000
Previous Owner Shroll Robert W $1,430,000
Previous Owner Shroll Robert W $400,000
Previous Owner Shroll Robert W $300,000
Previous Owner Shroll Robert W $639,000
Previous Owner Chesebro Phyllis A $630,000
Previous Owner Sands William $581,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2019 08/30/19 Sold $3,250,000 -4.3% $1,295 / Sq Ft
06/26/2019 06/26/19 Pending -- -- --
06/03/2019 06/03/19 For Sale $3,395,000 +139.1% $1,353 / Sq Ft
10/08/2012 10/08/12 Sold $1,420,000 -- $660 / Sq Ft View Prior Sale
Source: Santa Barbara Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $40,153 $3,724,798 $2,063,135 $1,661,663
2025 $39,182 $3,651,764 $2,022,682 $1,629,082
2023 $39,182 $3,509,964 $1,944,140 $1,565,824
2022 $38,019 $3,441,142 $1,906,020 $1,535,122
2021 $37,436 $3,373,670 $1,868,648 $1,505,022
2020 $35,967 $3,250,000 $1,800,000 $1,450,000
2019 $17,124 $1,567,541 $469,157 $1,098,384
2018 $16,827 $1,536,806 $459,958 $1,076,848
2017 $16,587 $1,506,674 $450,940 $1,055,734
2016 $16,110 $1,477,133 $442,099 $1,035,034
2015 $15,646 $1,454,946 $435,459 $1,019,487
2014 -- $1,426,446 $426,929 $999,517
Source: Public Records

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-1944

Santa Barbara Multiple Listing Service

APN: 135-220-050

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