NOT LISTED FOR SALE

Estimated Value: $5,217,000 - $6,487,000

4 Beds
3 Baths
3,519 Sq Ft
$1,646/Sq Ft Est. Value

Last Sold June 07, 2013

Last sale price $2,900,000 $824 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $35,450/month

23 Days on Market

Highlights

  • Property is near an ocean
  • Updated Kitchen
  • Mountain View
  • Vieja Valley Elementary School Rated A
  • Fruit Trees
  • Deck

About This Home

As of June 2013

Enjoy the ultimate S. B. living in this 4 bdrm, 3 bath Modern Farmhouse. Conveniently located within Hope Ranch on approx. 1.3 acres, at the end of a private lane. Fabulous Master Suite with generous bath, walk-in closet, private patio. Open concept Great Room with stainless appliances, pitched beam ceilings, & Oak floors. French doors through out lead to patios, decks and lawn. Not to be missed!

Last Listed By

Pamela Regan

Village Properties Listed on: 04/03/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,545

Year Built

  • Built in 1950

Lot Details

  • 1.33 Acre Lot
  • Fruit Trees
  • Lawn
  • Property is in excellent condition

Parking

  • Attached Garage

Home Design

  • 2-Story Property
  • Raised Foundation
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • Cathedral Ceiling
  • Multiple Fireplaces
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Mountain Views

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Oven
  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Remodeled Bathroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Property is near an ocean
  • Deck
  • Patio
  • Built-In Barbecue

Location

  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Forced Air Heating System
  • Tankless Water Heater
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 061-301-048

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include comm area maint, security
  • Hope Ranch Community
  • 25 Hope Ranch Subdivision

Recreation

  • Tennis Courts

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,545

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Directions: Las Palmas to Via Presada, right on Via Sinuosa
  • Prop. Type: Residential
  • Year Built: 1950
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoSecurityFeatures: Patrol
  • Reso Association Amenities: Tennis Court(s), Security
  • Reso Association Fee Includes: Comm Area Maint, Security
  • Subdivision Name: 25 - Hope Ranch
  • Architectural Style: Ranch
  • Reso Flooring: Hardwood, Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1950
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.33
  • NeighborhoodSchools Elementary School: Vieja Valley
  • NeighborhoodSchools Junior High School: LaColina
  • NeighborhoodSchools High School: San Marcos
  • View Mountain(s)2: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Foundation:Slab: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Dining Breakfast Bar2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Construction Two Story2: Yes
  • ParkingGarage Gar #33: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • Proximity Near Shopping2: Yes
  • Dining Breakfast Area2: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s):_two_3: Yes
  • WaterSewer Septic In: Yes
  • Location Info Development Name: Hope Ranch
  • GroundsLandscaping Deck3: Yes
  • Site Improvements Cable TV3: Yes
  • Pets Yes: Yes
  • Foundation Raised: Yes
  • AssocPark Amenities Security: Yes
  • AssocPark Amenities Tennis Court(s)2: Yes
  • AssocPark Fee Incl Security2: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • Security Patrol2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Tankless Water Heater, Oven/Rnge/Blt-In, Dishwasher, Disposal, Dryer, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, 2, LR
  • Total Bedrooms: 10
  • Appliances Included:Tankless Water Heater: Yes

Exterior Features

  • View: Mountain(s), Setting
  • Construction Type: Wood Siding
  • Acres: 1.33
  • Exterior Features: Deck, Patio Open, Lawn, Fruit Trees
  • Foundation Details: Slab, Raised

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #3, Attached

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: La Cumb Wtr
  • Heating:Forced Air: 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 #: 061-301-048
  • Zoning: Other
  • Lot Size Sq Ft: 57934.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2013
Closed on
Jun 3, 2013
Sold by
Muenke Malte and Muenke Raychel
Bought by
Bienstock Marc and Bienstock Jennifer
Seller's Agent
Pamela Regan
Village Properties
Buyer's Agent
Melissa Birch
Sotheby's International Realty
List Price
$2,950,000
Sold Price
$2,900,000
Premium/Discount to List
-$50,000
-1.69%
Total Days on Market
23
Current Estimated Value
$5,790,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,890,890
Avg. Annual Appreciation
5.81%
Original Mortgage
$2,000,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2011
Sold by
Scarborough James Edward and Scarborough Ann Hanson
Bought by
Muenke Malte and Muenke Raychel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2007
Sold by
Scarborough James Edward and Scarborough Ann Hanson
Bought by
Scarborough James Edward and Scarborough Ann Hanson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.21%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 14, 2005
Sold by
Scarborough James Edward and Scarborough Ann Hanson
Bought by
Scarborough James Edward and Scarborough Ann Hanson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 20, 2004
Sold by
Scarborough James E and Scarborough Ann
Bought by
Scarborough James Edward and Scarborough Ann Hanson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,999
Interest Rate
1.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 9, 2004
Sold by
Morgan Margaret E
Bought by
Scarborough James E and Scarborough Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,999
Interest Rate
1.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 22, 2001
Sold by
Morgan Margaret E
Bought by
Morgan Margaret E

Purchase Details

Closed on
Jun 23, 1999
Sold by
Morgan Benjamin A
Bought by
Morgan Margaret E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.2%
Mortgage Type
Unknown

Range of Values:

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Average Value
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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
Bienstock Marc $2,900,000 Chicago Title Company
Muenke Malte $2,850,000 Chicago Title Company
Scarborough James Edward -- Accommodation
Scarborough James Edward -- Equity Title Company Santa B
Scarborough James Edward -- --
Scarborough James Edward -- Equity Title Company Santa B
Scarborough James Edward -- First American Title Ins Co
Scarborough James E $1,507,000 First American Title Company
Morgan Margaret E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bienstock Marc $2,028,400
Closed Bienstock Marc $2,000,000
Previous Owner Muenke Malte $1,100,000
Previous Owner Scarborough James Edward $750,000
Previous Owner Scarborough James Edward $1,800,000
Previous Owner Scarborough James Edward $1,500,000
Previous Owner Scarborough James E $999,999
Previous Owner Morgan Margaret E $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2013 06/07/13 Sold $2,900,000 -1.7% $824 / Sq Ft
04/26/2013 04/26/13 Pending -- -- --
04/03/2013 04/03/13 For Sale $2,950,000 -- $838 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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 $37,545 $3,432,463 $1,627,461 $1,805,002
2022 $36,225 $3,365,160 $1,595,550 $1,769,610
2021 $34,920 $3,299,177 $1,564,265 $1,734,912
2020 $34,550 $3,265,349 $1,548,226 $1,717,123
2019 $33,523 $3,201,323 $1,517,869 $1,683,454
2018 $32,867 $3,138,553 $1,488,107 $1,650,446
2017 $32,242 $3,077,014 $1,458,929 $1,618,085
2016 $31,407 $3,016,681 $1,430,323 $1,586,358
2014 $30,584 $2,913,165 $1,381,242 $1,531,923
Source: Public Records

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Source: Santa Barbara Multiple Listing Service

MLS Number: 13-1056

Santa Barbara Multiple Listing Service

APN: 061-301-048