$2,850,000
SOLD OCT 28, 2024

56 Olive Mill Rd Santa Barbara, CA 93108

3 Beds
3 Baths
1,883 Sq Ft
$950/mo HOA Fee

Recently Sold

$1,514 Per Sq Ft

3% Below List Price

20 Days on Market

Highlights

  • Property is near an ocean
  • Fireplace in Primary Bedroom
  • Direct Access Garage
  • Santa Barbara Senior High School Rated A-
  • Property is near public transit
  • Restaurant

About This Home

As of October 2024

Discover unparalleled charm in this newly reimagined 3 bed/3 bath Montecito Del Mar townhouse, perfectly situated in the coveted Lower Village/Butterfly Beach neighborhood. This lock-and-leave home offers easy access to the renowned Biltmore Hotel, Rosewood Miramar, Butterfly Beach, and the upscale dining and shopping on Coast Village Road.

Step inside to a spacious living room, where a cozy, tiled fireplace and abundant natural light create a welcoming atmosphere. The well-designed floorplan allows for seamless flow between rooms. The kitchen, equipped with high-quality finishes and top-of-the-line appliances, is a chef's delight.

The primary suite is a sanctuary of comfort, featuring a private balcony overlooking the gardens, an inviting fireplace, and a luxurious ensuite bath - perfect for unwinding at the end of the day.

Two additional bedrooms enhance the home's functionality. One upstairs bedroom boasts an ensuite bath and a large balcony, while the downstairs bedroom offers flexibility for guests or a home office.

The exquisite back patio is a standout feature, designed for ultimate privacy with a tiered brick layout, lush landscaping, multiple entertaining areas, and two fountains that create a serene ambiance. It's the ideal space for hosting family and friends or enjoying a tranquil Montecito day.

Last Agent to Sell the Property

Michael Calcagno

Berkshire Hathaway HomeServices California Properties License #01499736 / 01129919

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Michael Calcagno

Berkshire Hathaway HomeServices California Properties License #01499736 / 01129919

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $31,654

Year Built

  • Built in 1988

Lot Details

  • Back Yard Fenced
  • Property is in excellent condition

HOA Fees

  • $950 Monthly HOA Fees

Parking

  • Direct Access Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,883 Sq Ft Home
  • 2-Story Property
  • Multiple Fireplaces
  • Living Room with Fireplace
  • Dishwasher
  • Laundry in Garage

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • 3 Full Bathrooms

Home Security

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Schools

  • Mont Union Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Additional Features

  • Property is near an ocean
  • Sewer Stub Out

Listing and Financial Details

  • Assessor Parcel Number 009-620-013
  • Seller Considering Concessions

Community Details

Overview

  • Association fees include insurance, earthquake insurance, comm area maint, exterior maint
  • 14 Buildings
  • 14 Units

Additional Features

  • Restaurant
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$31,654

Year Built

Built in 1988

Lot Details

0

HOA Fees

$950 per month

Listing Details

  • Association Fee: 950
  • Prop. Type: Residential
  • Year Built: 1988
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: In Garage
  • ResoLotFeatures: Near Public Transit
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Fee Includes: Insurance, Earthquake Insurance, Comm Area Maint, Exterior Maint
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1988
  • Property Information Total #Units: 14
  • Property Information Apx # Acres: 0.36
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near School(s)2: Yes
  • Appliances Included Dishwasher3: Yes
  • Fireplace(s) LR: Yes
  • Security Smoke Detector(s)2: Yes
  • WaterSewer Sewer Hookup: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Proximity Near Bus: Yes
  • GroundsLandscaping Fenced BCK: Yes
  • Laundry In Garage2: Yes
  • CondoCO-OPPUD Attached7: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Primary Bedroom, 2, LR

Exterior Features

  • Roof: Composition
  • Acres: 0.36
  • Exterior Features: Fenced: BCK
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #2, Interior Access, Attached

Utilities

  • Water Source: Mont Wtr

Condo/Co-op/Association

  • Association Fee: 950.0
  • Association: Yes

Schools

  • Elementary School: Mont Union
  • High School: S.B. Sr.
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 009-620-013
  • Zoning: Other
  • Lot Size Sq Ft: 15681.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2024 10/28/24 Sold $2,850,000 0.0% $1,514 / Sq Ft
09/09/2024 09/09/24 Off Market $2,850,000 -- --
08/16/2024 08/16/24 Pending -- -- --
07/26/2024 07/26/24 For Sale $2,950,000 +2.6% $1,567 / Sq Ft
02/08/2022 02/08/22 Sold $2,875,000 +27.8% $1,527 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
01/17/2022 01/17/22 For Sale $2,250,000 -- $1,195 / 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
2023 $31,654 $2,875,000 $1,500,000 $1,375,000
2022 $14,915 $1,362,380 $696,041 $666,339
2021 $14,612 $1,335,668 $682,394 $653,274
2020 $14,358 $1,317,024 $675,397 $641,627
2019 $14,085 $1,291,201 $662,154 $629,047
2018 $13,823 $1,265,884 $649,171 $616,713
2017 $13,553 $1,241,064 $636,443 $604,621
2016 $13,164 $1,216,730 $623,964 $592,766
2015 $12,910 $1,198,455 $614,592 $583,863
2014 -- $1,174,979 $602,553 $572,426
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $190,950 No Value Available
Previous Owner $191,000 No Value Available
Source: Public Records

Deed History

Date Type Sale Price Title Company
Grant Deed $2,850,000 Fidelity National Title
Grant Deed $2,875,000 Fidelity National Title
Grant Deed -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed -- Chicago Title Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Stewart Title
Interfamily Deed Transfer -- Stewart Title
Interfamily Deed Transfer -- --
Source: Public Records

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Source: Santa Barbara Multiple Listing Service

MLS Number: 24-2476

Santa Barbara Multiple Listing Service

APN: 009-620-013