NOT LISTED FOR SALE

1040 Monte Dr Santa Barbara, CA 93110

Hope Ranch Neighborhood

Estimated Value: $4,367,000 - $4,986,000

4 Beds
3 Baths
3,499 Sq Ft
$1,323/Sq Ft Est. Value

Last Sold June 19, 2015

Last sale price $1,955,000 $559 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $27,272/month

87 Days on Market

Highlights

  • Ocean View
  • Parking available for a boat
  • Horses Allowed in Community
  • Vieja Valley Elementary School Rated A
  • Guest House
  • Property is near an ocean

About This Home

As of June 2015

Hope Ranch best buy. 4 bedroom, 3 bath plus sunroom/hobby room and an office. This property also features a spacious 1088+/-sq. ft., 1 bedroom + office Guest House. 3 car garage and abundance of parking. Stunning mountain views & even a peak of the ocean.

Last Agent to Sell the Property

Linda Lorenzen

Sotheby's International Realty License #00583737 Listed on: 03/24/2015

Last Buyer's Agent

Adam Zetter

RE/MAX Goleta

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,671

Year Built

  • Built in 1950

Lot Details

  • 1.01 Acre Lot
  • Back Yard Fenced
  • Irrigation
  • Fruit Trees
  • Property is in average condition

Property Views

  • Ocean
  • Panoramic
  • Woods
  • Mountain

Home Design

  • Ranch Style House
  • Split Level Home
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,499 Sq Ft Home
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Library
  • Sun or Florida Room
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • Garage
  • Uncovered Parking
  • Parking available for a boat

Outdoor Features

  • Property is near an ocean
  • Built-In Barbecue

Schools

  • Vieja Valley Elementary School
  • Lacolina Middle School
  • San Marcos High School

Utilities

  • Forced Air Heating System
  • Septic System
  • Cable TV Available

Additional Features

  • Guest House
  • Property is near schools

Listing and Financial Details

  • Home Protection Policy
  • Assessor Parcel Number 063-096-007

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include comm area maint, security
  • Santa Barbara Estate Community
  • 25 Hope Ranch Subdivision

Recreation

  • Horses Allowed in Community

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,671

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Directions: Las Palmas to Lago. Left on Lago, right on Monte. Pass Canon Rd. house on left side.
  • Prop. Type: Residential
  • Year Built: 1950
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Fee Includes: Comm Area Maint, Security
  • Subdivision Name: 25 - Hope Ranch
  • Architectural Style: Ranch
  • Reso Flooring: Carpet, Tile
  • Garage Yn: Yes
  • Unit Levels: Split Level
  • New Construction: No
  • Reso Property Condition: Average
  • Property Information Year Built2: 1950
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.01
  • NeighborhoodSchools Elementary School: Vieja Valley
  • NeighborhoodSchools Junior High School: LaColina
  • NeighborhoodSchools High School: San Marcos
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • Property Information Within City Limits: No
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior Wood Siding: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Unc #4: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near School(s)2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Gas Stove3: Yes
  • Fireplace(s) LR: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Tile3: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • View Wooded3: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Amenities Guest House2: Yes
  • Construction Split Level: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • WaterSewer Septic In: Yes
  • FlrWdw Coverings Carpet: Yes
  • Location Info Development Name: Santa Barbara Estate
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • ViewOcean: Yes
  • Amenities Horses2: Yes
  • GroundsLandscaping Fenced BCK: Yes
  • Site Improvements Cable TV3: Yes
  • Pets Yes: Yes
  • ParkingGarage Gar #4: Yes
  • Rooms LbryStudy: Yes
  • WaterSewer Meter In: Yes
  • AssocPark Fee Incl Security2: Yes
  • Amenities Protection Plan2: Yes
  • Condition Average2: Yes
  • ParkingGarage Boat: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Dishwasher, Gas Stove
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: LR
  • Total Bedrooms: 16
  • Other Rooms:Sun Room2: Yes

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Ocean, Wooded, Panoramic
  • Construction Type: Wood Siding, Stucco
  • Acres: 1.01
  • Exterior Features: Fruit Trees, Yard Irrigation PRT, Fenced: BCK, Fenced: PRT
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #4, Unc #4, Boat

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Meter In, La Cumb Wtr
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: Yes

Schools

  • Elementary School: Vieja Valley
  • High School: San Marcos
  • Middle Or Junior School: LaColina

Lot Info

  • Parcel #: 063-096-007
  • Zoning: R-1
  • Lot Size Sq Ft: 43995.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2020
Sold by
Peterson Eric M
Bought by
Peterson Eric M
Current Estimated Value
$4,627,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,456,000
Outstanding Balance
$1,294,666
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$3,333,199

Purchase Details

Closed on
Apr 22, 2016
Sold by
Peterson Eric M
Bought by
Peterson Eric M

Purchase Details

Listed on
Mar 24, 2015
Closed on
May 11, 2015
Sold by
St Oegger Mark and St Oegger Dwight
Bought by
Peterson Eric
Seller's Agent
Linda Lorenzen
Sotheby's International Realty
Buyer's Agent
Adam Zetter
RE/MAX Goleta
List Price
$2,195,000
Sold Price
$1,955,000
Premium/Discount to List
-$240,000
-10.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.85%
Original Mortgage
$1,466,250
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2003
Sold by
Stoegger Ruth
Bought by
Stoegger Ruth
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
Peterson Eric M -- Amrock Inc
Peterson Eric M -- Amrock Inc
Peterson Eric M -- None Available
Peterson Eric $1,955,000 First American Title Company
Stoegger Ruth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Eric M $1,456,000
Closed Peterson Eric M $178,500
Closed Peterson Eric $1,466,250
Previous Owner St Oegger Ruth $250,000
Previous Owner St Oegger Ruth $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2015 06/19/15 Sold $1,955,000 -10.9% $559 / Sq Ft
04/13/2015 04/13/15 Pending -- -- --
01/16/2015 01/16/15 For Sale $2,195,000 -- $627 / 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 $24,671 $2,349,608 $1,322,031 $1,027,577
2023 $24,671 $2,258,372 $1,270,696 $987,676
2022 $23,801 $2,214,091 $1,245,781 $968,310
2021 $22,942 $2,170,678 $1,221,354 $949,324
2020 $22,698 $2,148,421 $1,208,831 $939,590
2019 $22,023 $2,106,296 $1,185,129 $921,167
2018 $21,592 $2,064,997 $1,161,892 $903,105
2017 $21,152 $2,024,508 $1,139,110 $885,398
2016 $20,619 $1,984,813 $1,116,775 $868,038
2015 $2,458 $227,713 $66,166 $161,547
2014 $2,420 $223,253 $64,870 $158,383
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    Linda Lorenzen

    Sotheby's International Realty

    (805) 886-1842

    3 in this area

    7 Total Sales

    Section Image

  • A

    Buyer's Agent in 2015

    Adam Zetter

    RE/MAX Goleta

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 15-168

Santa Barbara Multiple Listing Service

APN: 063-096-007

California Santa Barbara County Santa Barbara 93110 Hope Ranch

1040 Monte Dr, Santa Barbara, CA

This home is located at 1040 Monte Dr, Santa Barbara, CA 93110 since 24 March 2015 and is currently estimated at $4,627,865, approximately $1,322 per square foot. This property was built in 1950. 1040 Monte Dr is a home located in Santa Barbara County with nearby schools including Vieja Valley Elementary School, La Colina Junior High School, and San Marcos Senior High School.

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