NOT LISTED FOR SALE

1022 Fairway Rd Montecito, CA 93108

Estimated Value: $1,870,000 - $3,212,000

2 Beds
2.5 Baths
1,527 Sq Ft
$1,278/mo HOA Fee

Last Sold March 22, 2023

Last sale price $1,424,500 $933 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $14,921/month

13 Days on Market

Highlights

  • Spa
  • Property is near an ocean
  • Deck
  • Santa Barbara Senior High School Rated A-
  • Mountain View
  • Property is near public transit

About This Home

As of March 2023

Welcome to El Montecito Verde, an exclusive hidden enclave of charming Mediterranean condominiums. This rarely available home offers a spacious +/-1527 sqft one level floor plan plus a huge entertaining patio with stunning views of the mountains. Step outside and explore all that Montecito has to offer -- just steps away from beautiful Butterfly Beach and a scenic bike path! This is your chance to get the best value in Montecito. Whether you're looking for a primary residence or a lock-and-leave second home, this two bedroom plus den/office condo is sure to please with its luxurious amenities including an elevator, pool, spa, and underground garage parking for two cars - all surrounded by beautiful landscaping and park like common areas. Enjoy elegant indoor-outdoor living as each room leads onto the view patio where you can entertain friends in style while taking in the breathtaking views of nature.

Last Agent to Sell the Property

Janice Laney

Keller Williams Realty Montecito License #01794041 Listed on: 02/07/2023

Keller Williams Realty Montecito

Last Buyer's Agent

Mike Richardson

Richardson Real Estate Services, Inc. License #00635254 / 01902531

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,688

Year Built

  • Built in 1973

Lot Details

  • 2,614

HOA Fees

  • $1,278 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Guest Parking

Home Design

  • Spanish Architecture
  • Mediterranean Architecture
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,527 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Blinds
  • Dining Area
  • Library
  • Carpet
  • Mountain Views

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Accessible Home Design

  • Accessible Elevator Installed
  • Wheelchair Access

Pool

  • Spa
  • Outdoor Pool

Outdoor Features

  • Property is near an ocean
  • Deck
  • Patio

Location

  • Ground Level Unit
  • Property is near public transit
  • 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 in good condition
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 009-440-016

Community Details

Overview

  • Association fees include insurance, water, trash, prop mgmt, comm area maint, exterior maint
  • 31 Buildings
  • 31 Units
  • El Montecito Verde Community

Amenities

  • Restaurant
  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,688

Year Built

Built in 1973

Lot Details

0

HOA Fees

$1,278 per month

Parking

2

Listing Details

  • Association Fee: 1278.00
  • Directions: Channel Drive past the Four Seasons Biltmore up hill past the Music Academy, on the right before Stop sign. Cabrillo Blvd to Channel Drive follow Rd, left at Stop sign and left into the parking area.
  • Prop. Type: Residential
  • Year Built: 1973
  • ResoWindowFeatures: Blinds
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Not in-unit, Common Area
  • ResoLotFeatures: Level, Near Public Transit
  • Reso Association Amenities: Spa/Hot Tub, Pool, Guest Parking
  • Reso Association Fee Includes: Insurance, Water, Trash, Prop Mgmt, Comm Area Maint, Exterior Maint
  • Reso Accessibility Features: Wheelchair Access, Accessible Elevator Installed
  • Architectural Style: Medit, Spanish
  • Reso Flooring: Carpet
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1973
  • Property Information Total #Units: 31
  • Property Information Apx # Acres: 0.06
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Construction Single Story2: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • Proximity Near Ocean2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Dining Dining Area2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Microwave3: Yes
  • FlrWdw Coverings Blinds: Yes
  • Property Information Main House SqFt: 1527.0
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • Location Info Development Name: El Montecito Verde
  • Roof:Tile2: Yes
  • GroundsLandscaping Deck3: Yes
  • CondoCO-OPPUD Attached7: Yes
  • AssocPark Amenities Pool4: Yes
  • AssocPark Amenities Guest Parking: Yes
  • Amenities Grnd Unit: Yes
  • Pets Yes: Yes
  • Style Medit2: Yes
  • Style Spanish2: Yes
  • Laundry Common Area2: Yes
  • Rooms LbryStudy: Yes
  • Amenities Elevator4: Yes
  • Handicapped Access Elevator3: Yes
  • AssocPark Amenities SpaHot Tub: Yes
  • Appliances Included Elect Stove2: Yes
  • Handicapped Access Wheelchair Access: Yes
  • ParkingGarage:Total _pound_ Garage Spaces: 2.0
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Refrigerator, Dishwasher, Disposal, Elect Stove, Microwave
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Roof: Tile
  • View: Mountain(s)
  • Construction Type: Stucco
  • Acres: 0.06
  • Topography: Level
  • Exterior Features: Pool, Deck, Patio Open, SPA-Outside
  • Foundation Details: Other

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Heating: Radiant
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Other
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 009-440-016
  • Zoning: Other
  • Lot Size Sq Ft: 2613.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2023
Closed on
Mar 2, 2023
Sold by
Hughey Lisa A
Bought by
Artusio Christo
Seller's Agent
Janice Laney
Keller Williams Realty Montecito
Buyer's Agent
Mike Richardson
Richardson Real Estate Services, Inc.
List Price
$1,550,000
Sold Price
$1,424,500
Premium/Discount to List
-$125,500
-8.1%
Views
129
Current Estimated Value
$2,264,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$839,682
Avg. Annual Appreciation
21.01%

Purchase Details

Listed on
Feb 7, 2023
Closed on
Feb 23, 2023
Sold by
Taruta Tetyana
Bought by
Artusio Christo
Seller's Agent
Janice Laney
Keller Williams Realty Montecito
Buyer's Agent
Mike Richardson
Richardson Real Estate Services, Inc.
List Price
$1,550,000
Sold Price
$1,424,500
Premium/Discount to List
-$125,500
-8.1%
Views
129

Purchase Details

Closed on
Dec 17, 2020
Sold by
Hughey Lisa A
Bought by
Hughey Lisa A

Purchase Details

Closed on
Dec 6, 2016
Sold by
Hughey Elizabeth B
Bought by
Hughey Elizabeth B and Hughey Lisa
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Artusio Christo $1,424,500 Chicago Title
Artusio Christo -- Chicago Title
Hughey Lisa A -- None Available
Hughey Elizabeth B -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2023 03/22/23 Sold $1,424,500 -8.1% $933 / Sq Ft
02/20/2023 02/20/23 Pending -- -- --
02/07/2023 02/07/23 For Sale $1,550,000 -- $1,015 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

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
2025 $15,688 $1,482,049 $936,360 $545,689
2023 $15,688 $370,163 $82,053 $288,110
2022 $4,531 $362,906 $80,445 $282,461
2021 $4,448 $355,791 $78,868 $276,923
2020 $4,338 $352,144 $78,060 $274,084
2019 $4,254 $345,240 $76,530 $268,710
2018 $4,184 $338,472 $75,030 $263,442
2017 $4,076 $331,836 $73,559 $258,277
2016 $3,971 $325,330 $72,117 $253,213
2014 $3,781 $314,168 $69,643 $244,525
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-298

Santa Barbara Multiple Listing Service

APN: 009-440-016