NOT LISTED FOR SALE

1043 Ladan Dr Solvang, CA 93463

Estimated Value: $4,138,279 - $4,703,000

4 Beds
5 Baths
5,295 Sq Ft
$831/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $2,700,000 $510 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $26,700/month

13 Days on Market

Highlights

  • Horses Allowed in Community
  • RV Access or Parking
  • 7.88 Acre Lot
  • Ballard Elementary School Rated A
  • Panoramic View
  • Contemporary Architecture

About This Home

As of September 2020

A luxurious countryside retreat, so far away, yet so close to everything you need. The ideal home for room to roam, outside activities and enjoyment, your home office with the availability of high-speed cable broad band internet service, and quiet privacy beyond compare! This property is also ideal for a vineyard and/or horses.
1043 Ladan is a very private estate located in the prestigious Regency Hills neighborhood in the rich landscape of Santa Ynez Valley Wine Country, where parcels range from 5 acres to 20 acres. Enjoy 360-degree vineyard, mountain, horse ranch and open land views all at a distance, with magical sunsets each evening.
Wrought iron entry doors open to a grand foyer and formal living room graced with soaring 18' ceilings, and arched wall-to-wall windows showcasing the estate's magnificent views. The open living room flows into the formal dining room with two long hallways on either side, creating an expansive space for elegant occasions. Walk through the sprawling chef's kitchen of your dreams, past the wine/coffee bar to the large family room. This remodeled home, combining old world craftsmanship with modern conveniences, has a grand master suite with panoramic views and his-and-her dressing rooms and a second master suite with a sitting room. Marvel at the custom wrought iron light fixtures throughout the home controlled by a Radio Ra Lutron lighting system. Work from the privacy and convenience of your home office or beside the library fireplace.
This secluded and serene location is close to schools, hospitals, shopping and the nearby Santa Barbara airport providing convenient access to major cities. Available furnished.

Last Agent to Sell the Property

Randy Freed & Kellie Clenet

Berkshire Hathaway HomeServices California Properties Listed on: 07/28/2020

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Debbie McComb

Compass License #00956351

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,622

Year Built

  • Built in 1998

Lot Details

  • 7.88 Acre Lot
  • Lawn
  • Property is in excellent condition

HOA Fees

  • $80 Monthly HOA Fees

Property Views

  • Panoramic
  • Mountain

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 5,295 Sq Ft Home
  • Central Vacuum
  • Cathedral Ceiling
  • Multiple Fireplaces
  • Double Pane Windows
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Library
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Oven
  • Built-In Range
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Full Bathrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Garage
  • RV Access or Parking

Outdoor Features

  • Patio

Location

  • Property near a hospital
  • Property is near shops

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 137-620-011

Community Details

Overview

  • Regency Hills Community

Recreation

  • Horses Allowed in Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,622

Year Built

Built in 1998

Lot Details

0

HOA Fees

$80 per month

Listing Details

  • Association Fee: $240 Quarterly
  • Prop. Type: Residential
  • Year Built: 1998
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoSecurityFeatures: Security System, Smoke Detector(s)
  • Subdivision Name: Other
  • Architectural Style: Contemporary, Ranch
  • Reso Flooring: Carpet, Tile
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1998
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 7.88
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Construction Single Story2: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • View Setting2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Breakfast Bar2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Gas Stove3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • ParkingGarage Gar #33: Yes
  • Proximity Near Shopping2: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Dining In Kitchen4: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Family Room3: Yes
  • Style:Contemporary2: Yes
  • FlrWdw Coverings Carpet: Yes
  • Location Info Development Name: Regency Hills
  • Roof:Tile2: Yes
  • Amenities Horses2: Yes
  • Proximity Near Hospital2: Yes
  • Pets Yes: Yes
  • Rooms LbryStudy: Yes
  • Appliances Included Central Vac2: Yes
  • ParkingGarage RV: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Range, Tankless Water Heater, Oven/Rnge/Blt-In, Central Vac, Dishwasher, Disposal, Gas Stove
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Other, 2+, LR
  • Total Bedrooms: 11
  • Appliances Included:Tankless Water Heater: Yes

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Setting, Panoramic
  • Construction Type: Stucco
  • Acres: 7.88
  • Exterior Features: Patio Open, Lawn
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #3, RV

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 137-620-011
  • Zoning: R-1
  • Lot Size Sq Ft: 343252.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2023
Sold by
George And Cheryl Bedford Family Trust
Bought by
Bedford George and Bedford Cheryl
Current Estimated Value
$4,401,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$982,390
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$3,419,430

Purchase Details

Listed on
Jul 28, 2020
Closed on
Sep 11, 2020
Sold by
Lenzi Stephen E and Lenzi Deborah
Bought by
Bedford George and Bedford Cheryl
Seller's Agent
Randy Freed & Kellie Clenet
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Debbie McComb
Compass
List Price
$2,750,000
Sold Price
$2,700,000
Premium/Discount to List
-$50,000
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.40%
Original Mortgage
$214,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2007
Sold by
Evans Gary W and Evans Marie D
Bought by
Lenzi Stephen E and Lenzi Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,850,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 1996
Sold by
Askari Mansour and Askari Manijeh
Bought by
Evans Gary W and Evans Marie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,500
Interest Rate
8.42%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bedford George -- First American Title
Bedford George $2,700,000 Chicago Title Company
Lenzi Stephen E $2,625,000 Equity Title Company Santa B
Evans Gary W $365,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bedford George $1,000,000
Previous Owner Bedford George $214,000
Previous Owner Lenzi Stephen E $500,000
Previous Owner Lenzi Stephen E $1,215,000
Previous Owner Lenzi Stephen E $1,444,980
Previous Owner Lenzi Stephen E $1,850,000
Previous Owner Evans Gary W $916,000
Previous Owner Evans Gary W $150,000
Previous Owner Evans Gary W $100,000
Previous Owner Evans Gary W $58,000
Previous Owner Evans Gary W $716,000
Previous Owner Evans Gary W $180,019
Previous Owner Evans Gary W $182,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2020 09/18/20 Sold $2,700,000 -1.8% $510 / Sq Ft
08/09/2020 08/09/20 Pending -- -- --
07/27/2020 07/27/20 For Sale $2,750,000 -- $519 / 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 $31,622 $3,085,765 $974,188 $2,111,577
2023 $31,622 $2,907,080 $936,360 $1,970,720
2022 $28,947 $2,754,000 $918,000 $1,836,000
2021 $28,471 $2,700,000 $900,000 $1,800,000
2020 $23,177 $2,193,000 $816,000 $1,377,000
2019 $28,818 $2,731,000 $952,000 $1,779,000
2018 $27,520 $2,601,000 $907,000 $1,694,000
2017 $27,601 $2,601,000 $907,000 $1,694,000
2016 $25,897 $2,477,000 $864,000 $1,613,000
2014 $23,041 $2,247,000 $784,000 $1,463,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-2856

Santa Barbara Multiple Listing Service

APN: 137-620-011