7855 Old Careaga Ranch Rd Santa Barbara, CA 93440
Estimated payment $26,187/month
Highlights
- 406.01 Acre Lot
- Foothills
- Level Lot
About This Lot
The AEO/Agricultural Enterprise Ordinance was passed unanimously by the SBCO Board of Supervisors on Dec. 10, 2024.Income producing sprawling ranch with excellent potential for uses allowed under the new AEO and/or conservation easement. Row crop and cattle leases produce over 100,000/year. House and environs provide an opportunity for additional rental income or caretaker housing. There are productive Agricultural and separate Residential wells. There are hidden beautiful meadows and seasonal flower patches encircled by oak woodland forest, lots of acreage to explore while land banking and collecting income from this agricultural investment opportunity. AG-II Zoning.
Property Details
Property Type
- Land
Est. Annual Taxes
- $13,190
Lot Details
- 406.01 Acre Lot
- Rural Setting
- Level Lot
- Zoning described as Agricultural
Utilities
- Private Water Source
- Well
- Well Pump
Community Details
- Foothills
Listing and Financial Details
- Assessor Parcel Number 101-080-098
- Seller Considering Concessions
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 | $13,190 | $1,163,008 | $1,108,357 | $54,651 |
| 2022 | $12,940 | $1,150,884 | $1,097,304 | $53,580 |
| 2021 | $12,901 | $1,150,825 | $1,098,295 | $52,530 |
| 2020 | $12,503 | $1,109,855 | $1,057,863 | $51,992 |
| 2019 | $12,174 | $1,067,508 | $1,016,535 | $50,973 |
| 2018 | $11,902 | $1,032,063 | $982,089 | $49,974 |
| 2017 | $11,471 | $1,013,780 | $964,785 | $48,995 |
| 2016 | $10,826 | $979,943 | $931,908 | $48,035 |
| 2015 | $10,749 | $971,941 | $924,627 | $47,314 |
| 2014 | -- | $948,517 | $902,129 | $46,388 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/01/2024 10/01/24 | Price Changed | $4,495,000 | -4.3% | -- |
| 07/08/2024 07/08/24 | Price Changed | $4,695,000 | -9.1% | -- |
| 12/11/2023 12/11/23 | Sold | $5,166,667 | +4.4% | -- |
| 12/06/2023 12/06/23 | For Sale | $4,950,000 | -- | -- |
| 02/15/2022 02/15/22 | Pending | -- | -- | -- |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $5,167,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Chicago Title Co | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $1,990,000 | First American Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $3,675,000 | New Conventional | |
| Previous Owner | $1,500,000 | Purchase Money Mortgage |
Source: North Santa Barbara County Regional MLS
MLS Number: 23002102
APN: 101-080-098
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