NOT LISTED FOR SALE

Estimated Value: $5,645,000 - $5,869,000

4 Beds
3.5 Baths
3,827 Sq Ft
$1,514/Sq Ft Est. Value

Last Sold October 20, 2015

Last sale price $3,750,000 $980 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $35,050/month

93 Days on Market

Highlights

  • Ocean View
  • Horse Facilities
  • Stables
  • Vieja Valley Elementary School Rated A
  • Barn
  • Outdoor Pool

About This Home

As of October 2015

A rare, Hope Ranch ocean view estate on an approx. 2.1 acre site graced by specimen oaks and beautiful gardens. The residence is located on one of the most desirable streets in Hope Ranch. Beautiful vistas are captured from each room. The relaxed formality of the home, reminiscent of a Cliff May design, accommodates festive entertaining as well as serene enjoyment. Fully renovated in 2013 to the highest quality and finishes while retaining a traditional ambiance to impress the most discerning buyer.A pool, spa, stable and orchard complete the beautiful amenities. Direct access to bridle and beach trails from the home.

Last Agent to Sell the Property

Richard van Seenus

Sotheby's International Realty Listed on: 06/04/2015

Co-Listed By

Melissa Birch

Sotheby's International Realty

Last Buyer's Agent

Grubb Campbell Group

Village Properties License #01236143 / 01410304

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1969

Lot Details

  • 2 Acre Lot
  • Back Yard Fenced
  • Level Lot
  • Wooded Lot
  • Lawn
  • Property is in excellent condition
  • Property is zoned EX-1

Parking

  • Garage

Property Views

  • Ocean
  • Woods
  • Mountain

Home Design

  • Ranch Style House
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,827 Sq Ft Home
  • Wet Bar
  • Cathedral Ceiling
  • Multiple Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Library
  • Music Room
  • Home Security System
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Double Oven
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Radiant Floor
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Maid or Guest Quarters

Pool

  • Outdoor Pool
  • Spa

Outdoor Features

  • Property is near an ocean
  • Patio
  • Gazebo

Schools

  • Vieja Valley Elementary School
  • Lacolina Middle School
  • San Marcos High School

Utilities

  • Heating Available
  • Septic System

Additional Features

  • Stepless Entry
  • Barn
  • Stables

Listing and Financial Details

  • Exclusions: Other
  • Assessor Parcel Number 063-240-008

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include security
  • $600 HOA Transfer Fee
  • 25 Hope Ranch Subdivision

Recreation

  • Tennis Courts
  • Horse Facilities
  • Horses Allowed in Community

Security

  • Security Service

Home Details

Home Type

Single Family

Year Built

Built in 1969

Lot Details

2 Acres

Listing Details

  • Association Fee: Yes
  • Association Transfer Fee: 600
  • Directions: Call Listing agent for directions.
  • Prop. Type: Residential
  • Year Built: 1969
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level
  • ResoSecurityFeatures: Security System
  • Reso Association Amenities: Other, Tennis Court(s)
  • Reso Association Fee Includes: Security
  • Co List Office Mls Id: sir06
  • Co List Office Phone: 805-963-1391
  • Subdivision Name: 25 - Hope Ranch
  • Architectural Style: Ranch
  • Reso Flooring: Carpet, Stone
  • Garage Yn: Yes
  • Unit Levels: Entry Lvl(No Stairs), Single Story
  • New Construction: No
  • Reso Other Structures: Barn(s), Stable(s)
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1969
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 2.0
  • NeighborhoodSchools Elementary School: Vieja Valley
  • NeighborhoodSchools Junior High School: LaColina
  • NeighborhoodSchools High School: San Marcos
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Construction Entry Lvl(No Stairs)2: Yes
  • Construction Single Story2: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Microwave3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • View Wooded3: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Amenities Guest Quarters2: Yes
  • Amenities Wet Bar2: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Gas8: Yes
  • FlrWdw Coverings Stone2: Yes
  • Property Information Apx Lot SqFt: 87120.0
  • GroundsLandscaping Wooded4: Yes
  • Fireplace(s):_two_3: Yes
  • WaterSewer Septic In: Yes
  • FlrWdw Coverings Carpet: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Hot Tub2: Yes
  • GroundsLandscaping Horse Facility2: Yes
  • Other Buildings Barn2: Yes
  • Other Buildings Stable2: Yes
  • ViewOcean: Yes
  • Amenities Horses2: Yes
  • GroundsLandscaping Fenced BCK: Yes
  • Pets Yes: Yes
  • Rooms LbryStudy: Yes
  • AssocPark Amenities Tennis Court(s)2: Yes
  • AssocPark Fee Incl Security2: Yes
  • Rooms Music Room2: Yes
  • GroundsLandscaping Gazebo2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Dishwasher, Double Oven, Gas Stove, Microwave
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, 2, Gas, LR
  • Appliances Included:Double Oven2: Yes

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Ocean, Setting, Wooded
  • Construction Type: Stucco
  • Acres: 2.0
  • Topography: Level
  • Exclusions: Other
  • Exterior Features: Pool, Patio Open, Hot Tub, Gazebo, Horse Facility, Lawn, Wooded, Fenced: BCK
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2

Utilities

  • Heating: Radiant Floor
  • HeatingYN: Yes
  • Water Source: La Cumb Wtr
  • Heating:Radiant Floor: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

  • Elementary School: Vieja Valley
  • High School: San Marcos
  • Middle Or Junior School: LaColina

Lot Info

  • Parcel #: 063-240-008
  • Zoning: EX-1
  • Lot Size Sq Ft: 87120.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2015
Closed on
Oct 16, 2015
Sold by
Klee Patricia
Bought by
The Chetan V & Shelly G Nayak Family Tru
Seller's Agent
Richard van Seenus
Sotheby's International Realty
Buyer's Agent
Grubb Campbell Group
Village Properties
List Price
$3,995,000
Sold Price
$3,750,000
Premium/Discount to List
-$245,000
-6.13%
Current Estimated Value
$5,793,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,043,188
Avg. Annual Appreciation
4.25%
Original Mortgage
$3,000,000
Outstanding Balance
$2,318,716
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,474,472
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
The Chetan V & Shelly G Nayak Family Tru $3,750,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Chetan V & Shelly G Nayak Family Tru $3,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2015 10/20/15 Sold $3,750,000 -6.1% $980 / Sq Ft
09/05/2015 09/05/15 Pending -- -- --
06/04/2015 06/04/15 For Sale $3,995,000 -- $1,044 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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 $49,117 $3,435,609 $2,485,971 $949,638
2023 $49,117 $4,493,742 $2,389,439 $2,104,303
2022 $47,322 $4,399,239 $2,342,588 $2,056,651
2021 $44,482 $4,205,392 $2,296,655 $1,908,737
2020 $43,352 $4,099,918 $2,273,106 $1,826,812
2019 $42,063 $4,019,529 $2,228,536 $1,790,993
2018 $40,831 $3,901,500 $2,184,840 $1,716,660
2017 $40,073 $3,825,000 $2,142,000 $1,683,000
2016 $39,025 $3,750,000 $2,100,000 $1,650,000
2015 $11,966 $1,145,734 $680,392 $465,342
2014 $11,776 $1,123,292 $667,065 $456,227
Source: Public Records

Agents Affiliated with this Home

See All Agents

Source: Santa Barbara Multiple Listing Service

MLS Number: 15-1871

Santa Barbara Multiple Listing Service

APN: 063-240-008

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