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318 Sherman Rd, Santa Barbara, CA, 93103

$1,498,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
House

Location

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318 Sherman Rd, Santa Barbara$1,498,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGar #2, Interior Access, Attached
Attached GarageYes
Year Built2011
HeatingForced Air
CoolingOther
BasementYes
ViewMountain(s)
MLS #24-3306
Lot Size0.25 Acres
StatusActive

About 318 Sherman Rd

Welcome to your natural private sanctuary! Nestled in the tranquil El Cielito area of Santa Barbara, this newer 3-bedroom, 2-bath home combines modern design with nature's beauty, offering breathtaking, unobstructed mountain views. Built in 2011 and set on nearly a quarter-acre, this bright and airy residence features an open-concept layout, ideal for both entertaining and relaxation. The upstairs area boasts two spacious bedrooms with vaulted ceilings, each with its own private deck, perfect for taking in the serene surroundings. The space beneath the house offers versatility as a gym, wine cellar, or extra storage. With an owned Tesla solar system, this home is both eco-friendly and energy-efficient. Enjoy the peaceful setting while being just minutes from all the conveniences Substantial price adjustment. Owner occupied, shown by appointment only. Call your agent to schedule an appointment.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2011
  • Stories: 2

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices California Properties
  • Office Phone: (805) 319-7070
  • Listing Agent: Jeff M Oien

Interior Features

Interior Information:

  • Appliances: Gas Range, Gas Oven, Dishwasher, Dryer, Washer
  • Basement: Yes
  • Flooring Type: Carpet
  • Interior: Smart Thermostat

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Mountain(s)
  • Exterior: Deck, Patio/Covered

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Sloped Up
  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Other

Other

Directions Information:

  • Directions: Stanwood to Conejo, Sherman Road is off Conejo, veer to the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,498,000

Tax Information:

  • Annual Amount: $7,758
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Santa Barbara, CA.

Med. Sold Price

$2.1M

Med. Price/SqFt

$1,240

Avg. Days On Market

43

# of Sold Homes

86

318 Sherman Rd vs Santa Barbara

42 DAYS ON ROCKET

-1 Day

$1,498,000

-$631.4K Less

KEY TAKEAWAY

This property is $631.4K less than the Median Sold Price in Santa Barbara, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Santa Barbara Multiple Listing Service
  • MLS Number: #24-3306

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices California Properties
  • Office Phone: (805) 319-7070
  • Listing Agent: Jeff M Oien

IDXThe data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by other are marked with the “MLS” logo and detailed information about them includes the name of the listing brokers. Based on information from the Santa Barbara MLS. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Displays of minimal information (e.g., “thumbnails”, text messages, “tweets”, etc., of two hundred [200] characters or less) are exempt from this requirement but only when linked directly to a display that includes all required disclosures. Audio delivery of listing content is exempt from this disclosure requirement only when all required disclosures are subsequently delivered electronically to the registered consumer performing the property search or linked to through the device’s application. Copyright 2024 Santa Barbara Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 2:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 24, 2020Home Sold
$1,290,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,758$1,290,000
2020$7,757$728,578
2019$7,509$714,293
2018$7,509$700,288
2017$7,260$686,558

History based on county public records data.

Payment Calculator

$7,544

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,558

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-363031
9
/10
  • Cold Spring Elementary School

  • 2243 Sycamore Canyon Rd

  • 1.09 miles

  • Public District Grades KG-6

school-card-donut-363032
5
/10
  • Cleveland Elementary School

  • 123 Alameda Padre Serra

  • 1.26 miles

  • Public District Grades PK-6

school-card-donut-363033
7
/10
  • Franklin Elementary School

  • 1111 E Mason St

  • 1.41 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $110,746. Most Santa Barbara, CA residents have annual incomes between $100k-200k. Most families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 318 Sherman Rd

What is the listing price of this property?

The listing price of 318 Sherman Rd property is $1,498,000.

What type of property is this?

The property 318 Sherman Rd is a house located in Santa Barbara, California, 93103.

Is this property for sale now?

Active Listing: 318 Sherman Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $7,758 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 24, 2020 for $1,290,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 318 Sherman Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The sq. ft. of 318 Sherman Rd is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 318 Sherman Rd is 2011.

Rocket HomesCaliforniaSanta Barbara CountySanta Barbara93103318 Sherman Rd

This home is located at 318 Sherman Rd in Santa Barbara, CA and zip code 93103 in the Riviera neighborhood. This home, which was built in 2011, sits on a 0.25 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 06, 2024 and is currently priced at $1,498,000.

In October 2024 more than 20 listings in Santa Barbara, CA were sold above the asking price. During the same period more than 10 listings were sold at asking price, while more than 56 were sold below. The inventory of homes for sale in Santa Barbara, CA between September 2024 and October 2024 increased by 7%. The median list price of listings available in October 2024 was $2,129,415, while the average time on the real estate market was 43 days.

From Rocket Homes Real Estate and based on county public records data.

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