1240 W Micheltorena St Santa Barbara, CA 93101
Alta Mesa NeighborhoodEstimated payment $4,678/month
Highlights
- Mountain View
- San Marcos Senior High School Rated A
- No HOA
About This Lot
MAJOR PRICE REDUCTION!!! Don't miss this opportunity to build your dream home or embrace this rare opportunity as a builder/investor. RTI permit! Seller financing available, call for details. This beautifully designed 2,720 sqft (537sqft garage) modern and contemporary masterpiece awaits you. Nestled amongst the trees near the end of a cul de sac, you'll feel like royalty as the elevator whisks you up to the rooftop deck of this three-level gem. Boasting 950sqft total exterior square footage, levels two and three also have walk out balconies in this open floor plan. They take full advantage of the gorgeous views of the mountain, mission or city by day, and starlit skies at night. Just minutes from the beach, marina and state street, the lot is centrally located to amazing schools, universities, incredible hikes and all that Santa Barbara has to offer! Those who know Santa Barbara know just how coveted and rare new construction homes are here, with only two homes currently for sale built within the last five years! Whether you are looking to build your forever home or capitalize on the approved plans as a builder/investor, this is an opportunity you don't want to miss! Save years of time and hundreds of thousands of dollars designing and approving plans and start building your dream home today!
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,647
Lot Details
- 6,098 Sq Ft Lot
- The property's topography is sloped
- Density is up to 1 Unit/Acre
Property Views
- Mountain
- Hills
Location
- Urban Location
Community Details
- No Home Owners Association
- Santa Barbara: Other Subdivision
Listing and Financial Details
- Tax Lot 13
- Assessor Parcel Number 041101010
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2023 | $2,647 | $244,494 | $244,494 | $0 |
| 2022 | $2,555 | $239,700 | $239,700 | $0 |
| 2021 | $1,031 | $96,497 | $96,497 | $0 |
| 2020 | $1,020 | $95,508 | $95,508 | $0 |
| 2019 | $1,003 | $93,636 | $93,636 | $0 |
| 2018 | $988 | $91,800 | $91,800 | $0 |
| 2017 | $956 | $90,000 | $90,000 | $0 |
| 2016 | $1,129 | $98,580 | $98,580 | $0 |
| 2015 | $1,117 | $97,100 | $97,100 | $0 |
| 2014 | $1,100 | $95,198 | $95,198 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/03/2025 04/03/25 | For Sale | $799,999 | 0.0% | -- |
| 03/04/2025 03/04/25 | Off Market | $799,999 | -- | -- |
| 10/30/2024 10/30/24 | Price Changed | $799,999 | -10.6% | -- |
| 09/27/2024 09/27/24 | For Sale | $894,999 | +280.9% | -- |
| 03/19/2021 03/19/21 | Sold | $235,000 | -20.3% | -- |
| 02/02/2021 02/02/21 | Pending | -- | -- | -- |
| 12/09/2020 12/09/20 | For Sale | $295,000 | +198.0% | -- |
| 07/12/2014 07/12/14 | Sold | $99,000 | -37.7% | -- |
| 05/12/2014 05/12/14 | Pending | -- | -- | -- |
| 10/20/2013 10/20/13 | For Sale | $159,000 | -- | -- |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $235,000 | Fidelity National Title Co | |
| Grant Deed | $90,000 | First American Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,080,000 | Construction | |
| Closed | $188,000 | New Conventional |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SW24201149
APN: 041-101-010
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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