NOT LISTED FOR SALE

Estimated Value: $5,313,000 - $15,464,866

7 Beds
5.5 Baths
7,070 Sq Ft
$1,444/Sq Ft Est. Value

Last Sold February 08, 2024

Last sale price $14,500,000 $2,051 Per Sq Ft

Est. 30% decrease in value since last sale

Current estimated payment $61,483/month

Highlights

  • Ocean View
  • Outdoor Pool
  • Updated Kitchen
  • Cold Spring Elementary School Rated A
  • Property is near an ocean
  • 2.82 Acre Lot

About This Home

As of February 2024

For statistical purposes only.

Last Agent to Sell the Property

Crysta Metzger

Sotheby's International Realty License #01340521 Listed on: 02/09/2024

Last Buyer's Agent

Bartron Real Est Group

Berkshire Hathaway HomeServices California Properties License #01005021 / 01950975 / 00966870 / 01976075

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $70,459

Year Built

  • Built in 1991

Lot Details

  • 2.82 Acre Lot
  • Gated Home
  • Level Lot
  • Property is in excellent condition

Parking

  • 3 Car Direct Access Garage

Property Views

  • Ocean
  • Island
  • Coastline
  • Harbor
  • Panoramic
  • City
  • Mountain

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Slab Foundation
  • Stucco

Interior Spaces

  • 7,070 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling Fan
  • Skylights
  • Multiple Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Blinds
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office

Kitchen

  • Updated Kitchen
  • Built-In Gas Oven
  • Built-In Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Radiant Floor
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Monitored
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Outdoor Pool
  • Spa

Outdoor Features

  • Property is near an ocean
  • Deck
  • Enclosed Patio or Porch
  • Built-In Barbecue

Location

  • Property is near a park
  • Property is near schools
  • Property is near shops

Schools

  • Cold Spring Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater
  • Sewer Stub Out

Additional Features

  • Wheelchair Access
  • Air Purifier

Community Details

  • 15 Eucalyptus Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 009-091-037

Home Details

Home Type

Single Family

Est. Annual Taxes

$70,459

Year Built

Built in 1991

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Year Built: 1991
  • ResoWindowFeatures: Blinds
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level
  • ResoSecurityFeatures: Monitored, Gate:Elec, Security Camera, Security System, Fire Alarm, Smoke Detector(s), Fire Sprinkler System
  • Subdivision Name: 15 - Eucalyptus Hill
  • Reso Accessibility Features: Wheelchair Access
  • Architectural Style: Contemporary
  • Reso Flooring: Hardwood, Stone, Tile
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Other Structures: Other
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1991
  • Property Information Apx # Acres: 2.82
  • NeighborhoodSchools Elementary School: Cold Spring
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Construction Single Story2: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • Security Smoke Detector(s)2: Yes
  • Security Fire Sprinkler System: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • FlrWdw Coverings Blinds: Yes
  • Cooling Central Air: Yes
  • ParkingGarage Gar #33: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Office3: Yes
  • Dining Formal2: Yes
  • Dining In Kitchen4: Yes
  • Amenities Wet Bar2: Yes
  • Appliances Included Built-In Gas Range: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Gas8: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Security Security Camera2: Yes
  • FlrWdw Coverings Stone2: Yes
  • Style:Contemporary2: Yes
  • GroundsLandscaping Deck3: Yes
  • GroundsLandscaping Hot Tub2: Yes
  • ViewOcean: Yes
  • View Coastline: Yes
  • View Islands: Yes
  • ParkingGarage Detached: Yes
  • Security Fire Alarm2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • View Harbor2: Yes
  • View Other27: Yes
  • View City4: Yes
  • Rooms Patio Enclosed2: Yes
  • Cooling Ceiling Fan(s): Yes
  • Security Monitored2: Yes
  • Heating Air Purification Sys2: Yes
  • Handicapped Access Wheelchair Access: Yes
  • ParkingGarage:Total _pound_ Garage Spaces: 3.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Other, Built-In Gas Range, Built-In Gas Oven, Tankless Water Heater, Dishwasher, Dryer, Microwave, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplace Features: Primary Bedroom, Family Room, 2+, Gas, LR
  • Other Rooms:Great Room: Yes
  • Appliances Included:Tankless Water Heater: Yes
  • Appliances Included:Built-In Gas Oven: Yes

Exterior Features

  • Roof: Other, Flat
  • View: Other, Mountain(s), Islands, Coastline, Ocean, City, Setting, Harbor, Panoramic
  • Construction Type: Stucco
  • Acres: 2.82
  • Topography: Level
  • Exterior Features: Other, Pool, Deck, Patio Open, Patio Covered, Hot Tub, Fenced: ALL
  • Foundation Details: Slab
  • Patio And Porch Features: Enclosed
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Gar #3, Interior Access, Attached, Detached

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Radiant Floor, Air Purification Sys
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Mont Wtr, SB Wtr
  • Heating:Forced Air: Yes
  • Heating:Radiant Floor: Yes

Condo/Co-op/Association

  • Community Features: Other

Schools

  • Elementary School: Cold Spring
  • High School: S.B. Sr.
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 009-091-037
  • Zoning: R-1
  • Lot Size Sq Ft: 122839.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2024
Closed on
Dec 12, 2023
Sold by
Builders Family Trust
Bought by
Robert And Stefanie Stevenson Family Trust and Stevenson
Seller's Agent
Crysta Metzger
Sotheby's International Realty
Buyer's Agent
Bartron Real Est Group
Berkshire Hathaway HomeServices California Properties
List Price
$16,850,000
Sold Price
$14,500,000
Premium/Discount to List
-$2,350,000
-13.95%
Current Estimated Value
$10,206,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,293,711
Avg. Annual Appreciation
-20.27%
Original Mortgage
$7,250,000
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2015
Sold by
Braun Merna
Bought by
Korman Nathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,750,000
Interest Rate
2.4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 11, 1994
Sold by
Braun David A and Braun Merna
Bought by
Braun David A and Braun Merna

Purchase Details

Closed on
Nov 23, 1993
Sold by
Braun David A and Braun Merna
Bought by
Braun David A and Braun Merna
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Robert And Stefanie Stevenson Family Trust $14,500,000 Fidelity National Title Compan
Korman Nathan $5,000,000 First American Title Company
Braun David A -- --
Braun David A -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stevenson Robert $7,250,000
Previous Owner Robert And Stefanie Stevenson Family Trust $7,250,000
Previous Owner Korman Nathan $2,750,000
Previous Owner Braun David A $6,100,000
Previous Owner Braun David A $1,100,000
Previous Owner Braun David A $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2024 02/09/24 For Sale $16,850,000 +16.2% $2,383 / Sq Ft
02/08/2024 02/08/24 Sold $14,500,000 +190.0% $2,051 / Sq Ft
02/08/2024 02/08/24 Pending -- -- --
05/15/2015 05/15/15 Sold $5,000,000 -10.6% $829 / Sq Ft
03/05/2015 03/05/15 Pending -- -- --
02/13/2015 02/13/15 For Sale $5,595,000 -- $927 / 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 $70,459 $11,590,088 $5,091,852 $6,498,236
2023 $70,459 $6,442,646 $2,945,707 $3,496,939
2022 $68,199 $6,316,321 $2,887,949 $3,428,372
2021 $63,637 $5,890,512 $2,831,323 $3,059,189
2020 $60,657 $5,623,756 $2,747,346 $2,876,410
2019 $57,188 $5,333,085 $2,693,477 $2,639,608
2018 $56,095 $5,228,515 $2,640,664 $2,587,851
2017 $55,072 $5,125,996 $2,588,887 $2,537,109
2016 $53,415 $5,025,487 $2,538,125 $2,487,362
2014 -- $1,989,114 $395,087 $1,594,027
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 24-423

Santa Barbara Multiple Listing Service

APN: 009-091-032