new - 2 days on rocket

5517 Somerset Dr, Santa Barbara, CA, 93111

$1,450,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,238 SqFt
$1,171/SqFt
House

Location

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5517 Somerset Dr, Santa Barbara$1,450,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGar #2, Unc #2, Interior Access, Attached, Other
Attached Garage2 spaces
Year Built1961
HeatingForced Air
CoolingNone
FireplaceGas, LR
MLS #24-3529
Lot Size0.17 Acres
StatusActive

About 5517 Somerset Dr

Situated on a quiet, non-traffic street, this move-in ready home features fresh interior/exterior paint, and luxury vinyl plank floors throughout. The recent full sewer line replacement under the slab, plus new roof totals 73,000 of peace of mind. The bright, airy living spaces are perfect for entertaining or unwinding, while the single-level design ensures ease of living. Customize the kitchen or baths to your liking! Attached double garage and a prime location near the desirable Kellogg Elementary School make this a perfect opportunity. Inspected and ready for you to call home! This home gives you access to excellent schools, parks, shopping, and dining. With all the essentials in place for immediate move-in, this property is the perfect canvas for making your dream home a reality.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1961
  • Living Area: 1,238 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices California Properties
  • Office Phone: (805) 969-5026
  • Listing Agent: Scott S Williams

Interior Features

Interior Information:

  • Appliances: Refrigerator, Gas Range, Gas Oven, Disposal, Double Oven, Dryer, Washer
  • Flooring Type: Laminate, Tile
  • Fireplace: Gas, LR

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Other, Patio/Covered, Gazebo

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Gar #2, Unc #2, Interior Access, Attached, Other

Lot Features

Lot Information:

  • Lot: Level, Near Public Transit
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

School Info

Assigned Schools Information:

  • Dos Pueblos Senior High School, Public District Grades 9-12
  • Goleta Valley Junior High School, Public District Grades 7-8
  • Kellogg Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: Take the 101 North and exit Right on Patterson Ave. Left on Calle Real, Right on Kellogg Ave, and Right on Somerset Dr.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,450,000
  • Price Per SqFt: $1,171/SqFt

Tax Information:

  • Annual Amount: $3,449
  • Tax Year: 2021
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Housing Market Comparison

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

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Santa Barbara, CA

City

Med. Sold Price

$2.1M

Med. Price/SqFt

$1,267

Avg. Days On Market

51

# of Sold Homes

72

5517 Somerset Dr vs Santa Barbara

2 DAYS ON ROCKET

-49 Days

$1,450,000

-$694.8K Less

$1,171/SqFt

-$96 Less

KEY TAKEAWAY

This property is $694.8K less than the Median Sold Price and $96/SqFt less than other homes 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: #24-3529

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices California Properties
  • Office Phone: (805) 969-5026
  • Listing Agent: Scott S Williams

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: 10/27/2024, 12:50:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,449$281,945
2020$3,448$279,055
2019$3,316$273,584
2018$3,317$268,220
2017$3,254$262,962

History based on county public records data.

Payment Calculator

$7,304

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,414

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.

Elementary School

school-card-donut-766868
7
/10

  • Kellogg Elementary School

  • 475 Cambridge Dr

  • 0.28 miles

  • Public District Grades KG-6

Middle School

school-card-donut-766869
6
/10

  • Goleta Valley Junior High School

  • 6100 Stow Canyon Rd

  • 1.09 miles

  • Public District Grades 7-8

High School

school-card-donut-766870
8
/10

  • Dos Pueblos Senior High School

  • 7266 Alameda Ave

  • 3.58 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $89,506. Typical income of Santa Barbara, CA residents is between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5517 Somerset Dr

What is the listing price of this property?

The listing price of 5517 Somerset Dr property is $1,450,000.

What type of property is this?

The property 5517 Somerset Dr is a house located in Santa Barbara, California, 93111.

Is this property for sale now?

Active Listing: 5517 Somerset Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5517 Somerset Dr are:
Kellogg Elementary School: GreatSchools Rating 7/10
Goleta Valley Junior High School: GreatSchools Rating 6/10
Dos Pueblos Senior High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,449 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5517 Somerset Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5517 Somerset Dr is 1,238 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5517 Somerset Dr is 1961.

Rocket Homes›California›Santa Barbara County›Santa Barbara›93111›5517 Somerset Dr

This home is located at 5517 Somerset Dr in Santa Barbara, CA and zip code 93111 in the Goleta North neighborhood. This 1,238 square foot home, which was built in 1961, sits on a 0.17 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $1,450,000.

Santa Barbara, CA housing market in September 2024 saw over 12 listings sold above listed price, more than 11 sold at listed price and over 49 sold below. The number of homes for sale in Santa Barbara, CA increased by 5.5% between August 2024 and September 2024. The median list price of listings available in September 2024 was $2,144,883, while the average time on the real estate market was 51 days.

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

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