NOT LISTED FOR SALE

Estimated Value: $3,140,000 - $3,310,000

2 Beds
2 Baths
1,188 Sq Ft
$2,725/Sq Ft Est. Value

Last Sold November 01, 2024

Last sale price $3,150,000 $2,652 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $18,774/month

23 Days on Market

Highlights

  • Ocean View
  • Horse Property
  • 5.06 Acre Lot
  • Parking available for a boat
  • Tennis Courts
  • No HOA

About This Home

As of November 2024

Welcome to Bright Springs Ranch. A Serene 5.06 Acre Property with a Rich History of Providing the Santa Barbara and Carpinteria Farmer's Markets with Fresh Healthy Fruits, Vegetables & Flowers. There is a Spacious Processing & Packing Building with High Ceilings & Roll Up Door. 2 Small Outbuildings & a Modest 2 Bedroom 2 Bath Home with an Open Floor Plan & High Ceilings. There is also a Tennis Court and area for Horses. An Excellent Location Just Two Parcels Down from the Santa Barbara Polo Fields! The Property's Southerly Orientation Enjoys Ocean Island Sunrise to Sunset and Mountain Views. Close to Padaro Beach, Restaurants and all Carpinteria Has to Offer.

Last Listed By

Scott McCosker

Sotheby's International Realty License #00494253 Listed on: 03/21/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,483

Year Built

  • Built in 2007

Lot Details

  • 5.06 Acre Lot
  • South Facing Home
  • Chain Link Fence
  • Property is zoned AG-I-10

Property Views

  • Ocean
  • Panoramic
  • Mountain

Home Design

  • Fixer Upper

Interior Spaces

  • 1,188 Sq Ft Home
  • 1-Story Property
  • Workshop
  • Dishwasher
  • Laundry Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Car Detached Garage
  • Parking available for a boat

Outdoor Features

  • Tennis Courts
  • Horse Property
  • Shed

Utilities

  • Forced Air Heating System
  • Property is located within a water district

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 005-280-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,483

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 1188
  • Lot Acreage: 5.0600
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Fixer
  • Stories: 1
  • Year Built: 2007
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Room
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher
  • Price Per S Q F T: 2651.52

Exterior Features

  • Direction Faces: South
  • Other Structures: Shed(s)
  • Tennis Court: North/South
  • Tennis Court Y/N: Yes
  • Fence: Chain Link
  • Pool: No
  • Spa Yn: No
  • View: Mountains, Ocean, Panoramic
  • View: Yes

Garage/Parking

  • Parking Garage: Boat, Detached, Garage - 4+ Car
  • Total Parking: 4

Utilities

  • Heating: Forced Air
  • Water: Water District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: Yes
  • Assessor Parcel Number: 005-280-031
  • Lot Description: Fenced, Horse Property
  • Lot Size Area: 220414

Rental Info

  • Land Lease Purchase Yn: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2024
Sold by
Chow Children Irrevocable Trust and Chow Rodney Harvey
Bought by
Declaration Of Trust and Cicileo
Total Days on Market
23
Current Estimated Value
$3,237,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,150,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Range of Values:

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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
Declaration Of Trust $3,150,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Declaration Of Trust $2,150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2024 11/01/24 Sold $3,150,000 0.0% $2,652 / Sq Ft
04/13/2024 04/13/24 Pending -- -- --
03/21/2024 03/21/24 For Sale $3,150,000 -- $2,652 / Sq Ft
Source: The MLS

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
2023 $8,483 $759,119 $488,417 $270,702
2022 $8,080 $744,236 $478,841 $265,395
2021 $7,667 $729,644 $469,452 $260,192
2020 $7,590 $722,164 $464,639 $257,525
2019 $7,440 $708,005 $455,529 $252,476
2018 $7,321 $694,124 $446,598 $247,526
2017 $7,192 $680,515 $437,842 $242,673
2016 $7,066 $667,172 $429,257 $237,915
2014 $6,568 $644,280 $414,528 $229,752
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 24-376503

The MLS

APN: 005-280-031