K
Seller's Agent in 2024
Karen Spechler and Real Estate Group
Berkshire Hathaway HomeServices California Properties
3 in this area
127 Total Sales
2827 Palomino Ridge Ln Santa Barbara, CA 93105
Mission Canyon NeighborhoodEstimated Value: $3,155,000 - $3,357,000
4
Beds
5
Baths
3,942
Sq Ft
$827/Sq Ft
Est. Value
Highlights
- Ocean View
- Property is near an ocean
- Fireplace in Primary Bedroom
- Santa Barbara Senior High School Rated A-
- 4.64 Acre Lot
- Wood Flooring
About This Home
As of October 2024Welcome to the Queen of the Canyon. This Spanish-style custom home proudly sits at the top of its own 4.6 acre knoll and overlooks the rolling Santa Barbara foothills and ocean beyond. The main living area is one level and boasts 3 en-suite bedrooms plus an office and powder room. The large chef's kitchen has ample counter space and Sub-Zero and Dacor appliances. The living room has floor to ceiling doors that reveal the stunning canyon and ocean vistas. Rest on the main level loggia as you enjoy the quiet nature sounds that Mission Canyon provides. On a second level below with a separate entrance is an entirely new living area complete with 3 spacious rooms that can be used flexibly, a bathroom, and 2 large walk in closets. Owners currently use as an at-home work space and exercise room. There is a downstairs outside patio, putting green, and meandering paths. The nearly 5-acre property hosts roughly 165 trees that are mostly pomegranate but also includes avocado, lemon, lime, and cumquat. Come see what the Mission Canyon lifestyle is all about on this mini-ranch estate!
Last Listed By
Karen Spechler and Real Estate Group
Berkshire Hathaway HomeServices California Properties License #00552664 | 01488548 Listed on: 10/18/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,125
Year Built
- Built in 2003
Lot Details
- 4.64 Acre Lot
- Property is in excellent condition
Parking
- Garage
Property Views
- Ocean
- Mountain
Home Design
- Spanish Architecture
- Slab Foundation
- Tile Roof
- Stucco
Interior Spaces
- 3,942 Sq Ft Home
- Living Room with Fireplace
- Formal Dining Room
Kitchen
- Stove
- Gas Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
Laundry
- Dryer
- Washer
Outdoor Features
- Property is near an ocean
Schools
- Roosevelt Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Utilities
- Forced Air Heating and Cooling System
- Water Softener is Owned
Community Details
- 15 Mission Canyon Subdivision
Listing and Financial Details
- Assessor Parcel Number 023-300-001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 18, 2024
Closed on
Oct 9, 2024
Sold by
Plummer 2011 Trust and Plummer Martin E
Bought by
Michael Steven Cox Family Trust and Cox
Seller's Agent
Karen Spechler and Real Estate Group
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Sophia Taylor
Berkshire Hathaway HomeServices California Properties
List Price
$3,395,000
Sold Price
$3,225,000
Premium/Discount to List
-$170,000
-5.01%
Total Days on Market
0
Views
1
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,996
Avg. Annual Appreciation
2.14%
Original Mortgage
$1,500,000
Outstanding Balance
$1,496,800
Interest Rate
5.65%
Mortgage Type
New Conventional
Estimated Equity
$1,763,887
Purchase Details
Closed on
Dec 28, 2012
Sold by
Plummer Martin E and Plummer Elizabeth
Bought by
Plummer Martin E and Plummer Elizabeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$482,000
Interest Rate
3.27%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 23, 2012
Sold by
Plummer Martin E and Plummer Elizabeth
Bought by
Plummer Martin E and Plummer Elizabeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,900
Interest Rate
3.53%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 13, 2012
Sold by
Plummer Martin E and Plummer Elizabeth
Bought by
Plummer Martin E and Plummer Elizabeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,900
Interest Rate
3.53%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 6, 2011
Sold by
Plummer Martin E and Plummer Elizabeth P
Bought by
Plummer Martin E and Plummer Elizabeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,300
Interest Rate
4.02%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 8, 2001
Sold by
Thomas Christopher J and Ashby Thomas Linda
Bought by
Plummer Martin E and Plummer Elizabeth P
Purchase Details
Closed on
Jul 16, 1998
Sold by
Henkel Robert L
Bought by
Henkel Peggy J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.91%
Purchase Details
Closed on
Jul 8, 1998
Sold by
Henkel Peggy J
Bought by
Thomas Christopher J and Ashby Thomas Linda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.91%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Michael Steven Cox Family Trust | $3,225,000 | Fidelity National Title | |
| Plummer Martin E | -- | None Available | |
| Plummer Martin E | -- | None Available | |
| Plummer Martin E | -- | None Available | |
| Plummer Martin E | -- | None Available | |
| Plummer Martin E | -- | None Available | |
| Plummer Martin E | $425,000 | Equity Title Company | |
| Henkel Peggy J | -- | Chicago Title Co | |
| Thomas Christopher J | $217,000 | Lawyers Title Company | |
| Henkel Peggy Joyce | -- | Lawyers Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Michael Steven Cox Family Trus | $1,500,000 | |
| Previous Owner | Plummer Martin E | $415,683 | |
| Previous Owner | Plummer Martin E | $416,350 | |
| Previous Owner | Plummer Martin E | $482,000 | |
| Previous Owner | Plummer Martin E | $481,900 | |
| Previous Owner | Plummer Martin E | $485,300 | |
| Previous Owner | Plummer Martin E | $700,000 | |
| Previous Owner | Plummer Martin E | $575,000 | |
| Previous Owner | Plummer Martin E | $500,000 | |
| Previous Owner | Thomas Christopher J | $170,000 | |
| Previous Owner | Thomas Christopher J | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/18/2024 10/18/24 | Sold | $3,225,000 | -5.0% | $818 / Sq Ft |
| 10/18/2024 10/18/24 | Pending | -- | -- | -- |
| 10/18/2024 10/18/24 | For Sale | $3,395,000 | -- | $861 / Sq Ft |
Source: Santa Barbara Multiple Listing Service
Tax History Compared to Growth
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 | $18,125 | $1,840,568 | $657,294 | $1,183,274 |
| 2022 | $19,147 | $1,804,479 | $644,406 | $1,160,073 |
| 2021 | $18,705 | $1,769,098 | $631,771 | $1,137,327 |
| 2020 | $18,511 | $1,750,959 | $625,293 | $1,125,666 |
| 2019 | $18,188 | $1,716,628 | $613,033 | $1,103,595 |
| 2018 | $17,929 | $1,682,969 | $601,013 | $1,081,956 |
| 2017 | $17,335 | $1,649,971 | $589,229 | $1,060,742 |
| 2016 | $16,943 | $1,617,620 | $577,676 | $1,039,944 |
| 2014 | $15,683 | $1,486,000 | $523,000 | $963,000 |
Source: Public Records
Agents Affiliated with this Home
-
Karen Spechler and Real Estate Group
-
Sophia Taylor
S
Buyer's Agent in 2024
Sophia Taylor
Berkshire Hathaway HomeServices California Properties
(805) 947-5979
1 in this area
4 Total Sales
Map
Similar Homes in the area
Source: Santa Barbara Multiple Listing Service
MLS Number: 24-3476
APN: 023-300-001
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