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403 Woodley Road

403 Woodley Road, Santa Barbara, CA 93108
Property in Santa Barbara
Sold Oct 12, 2021
$9,606,500
$4,000,000 by Bank Of America Na
Mortgage Due Dec 01, 2036
Sold Jun 15, 2016
$5,000,000
$2,500,000 by Charles Valle
Mortgage
403 Woodley Road in Santa Barbara, CA was first built in 2016 and is 8 years old. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 403 Woodley Road has 5,239 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 43,560 square feet.

Learn more about the property and building on this page. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 403 Woodley Road sold most recently in Sep 19, 2021 for a total of $9,606,500. If you work out the math, that's approximately a cost of $1,833.65 per sqft. Before that, the property was also sold for $5,000,000 in Jun 13, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $102,158 in taxes each year. The initial year of tax delinquency occurred in 2022. 403 Woodley Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $9,798,228. If we break it down further, the land itself was valued at $3,570,000. Improvements to the property, however, were assessed at a total of $6,228,228. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 5,239
  • Building Area: 5,239
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,239
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT 10147
  • Land Acres: 1
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: TR 10147 UNIT 2 LOT 30

Ownership

  • Current Owner : FRANKEL CANDICE
  • Current Owner 2: FRANKEL MICHAEL
  • Previous Owner : THE MONASTERY LLC
  • Owner Before Previous Owner: VALLE CHARLES E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Trust

Neighborhood

  • School District Name: Cold Spring Elementary School District
  • Census Tract: 000700

Zoning

  • Zoning: 2E1

Geography

  • Assessors Map Reference: 20-E1
  • Subdivision Tract Number: 10147
  • Parcel: 009-021-026
  • Lot: 30
  • Municipality: MONTECITO COUNTY
  • Latitude: 34.4327
  • Longitude: -119.648

    Address

  • Full Address: 403 Woodley Rd
  • Address - House Number: 403
  • Address - Street Name: Woodley
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Santa Barbara
  • Carrier Code: C005
  • 4-Digit Zip Code: 2005
  • Zip Code: 93108

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $102,158
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 61-008

    Appraisal Valuation

  • Standard Deviation: 0.2375
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 66
  • Final Value: 10,982,600
  • High Value: 13,591,940
  • Low Value: 8,373,261

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $4,000,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Dec 08, 2021
  • First Open Lien Mortgage Loan Amount: $4,000,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2036

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $9,798,228
  • Assessed Land Value: $3,570,000
  • Assessed Improvements Value: $6,228,228

    Sales

  • Current Sale Contract Date: Sep 19, 2021
  • Current Sale Recording Date: Oct 12, 2021
  • Current Sale Transaction ID: 11859329664
  • Current Sale Price: $9,606,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0071240
  • Previous Sale Recording Date: Jun 15, 2016
  • Previous Sale Contract Date: Jun 13, 2016
  • Previous Sale Amount: $5,000,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MONASTERY LLC
  • First Mortgage Transaction Date: Oct 12, 2021
  • First Mortgage Loan Amount: $6,606,106
  • First Mortgage Loan Type: Seller take-back

    Previous Mortgages

  • Previous Mortgage Lender: CHARLES VALLE
  • Previous Mortgage Transaction Date: Jun 15, 2016
  • Previous Mortgage Loan Amount: $2,500,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Seller take-back

About Montecito



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Frequently Asked Questions

What neighborhood is 403 Woodley Road located in?
The 403 Woodley Road is a located in the neighborhood of Santa Barbara in Montecito, Santa Barbara.
What is the average sales price for listings in 403 Woodley Road?
The average sales price for units in 403 Woodley Road is $0 currently.

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