NOT LISTED FOR SALE

105 Olive Mill Rd Montecito, CA 93108

Estimated Value: $3,981,791 - $5,372,000

2 Beds
2.5 Baths
2,220 Sq Ft
$647/mo HOA Fee

Last Sold June 22, 2020

Last sale price $2,850,000 $1,284 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $29,552/month

24 Days on Market

Highlights

  • Property is near an ocean
  • Reverse Osmosis System
  • Contemporary Architecture
  • Santa Barbara Senior High School Rated A-
  • Mountain View
  • Property is near a park

About This Home

As of June 2020

COURTYARD LEVEL UNIT, THE VILLAS AT OLIVE MILL. Occupying a prominent corner in Montecito, The Villas offer refined living and style. Gated entry points ensure the ultimate in secure discretionary living. Impeccable construction, fine amenities, spaciousness, & smart-home features assure each home is curated to perfection. UNIT DETAILS: With light French oak floors and abundant windows, this exclusive home has a beachy California vibe. Casual elegance, contemporary appointments, and cool grey tones define an interior palette that is modern and uncomplicated. Entertain with ease on the covered outdoor loggia with a fully equipped outdoor Kitchen and pocketing glass doors that tuck neatly away for a true indoor-outdoor experience, within a 2,200 sq. ft. footprint with smart design. FEATURED AMENITIES: Glass Flare Front gas fireplace with granite hearth Living Room. Kitchen with island, prep sink, and Black Vermont Leather granite counters. Wolf dual 6-burner fuel range with two ovens, microwave drawer. Sub-Zero refrigerator and under counter wine chiller. Bosch dishwasher. Master Bedroom with large walk-in closet, terrace. Master Bathroom with walk-in shower w/shower wand, dual Black Vermont Leather granite vanities. Bedroom suite with Bathroom 2 with shower over tub. Full size Laundry Room, side by side washer/dryer hook-ups, sink. Outdoor Kitchen with Sedona gas grill, refrigerator, sink. Security system, speaker system. Secure gated subterranean parking. Private 1-car garage plus 1 reserved parking space.

Last Agent to Sell the Property

Timothy Walsh

Village Properties License #00914713 Listed on: 06/15/2020

Co-Listed By

John Sener

Village Properties - 1

Last Buyer's Agent

Mary Whitney

Berkshire Hathaway HomeServices California Properties License #01144746

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $31,882

Year Built

  • Built in 2019

Lot Details

  • End Unit
  • Gated Home
  • Property is in excellent condition

HOA Fees

  • $647 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Garage Space

Home Design

  • Contemporary Architecture
  • Mediterranean Architecture
  • Raised Foundation
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,220 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Area
  • Mountain Views
  • Video Cameras

Kitchen

  • Breakfast Bar
  • Built-In Double Oven
  • Built-In Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal
  • Reverse Osmosis System

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Low Flow Plumbing Fixtures

Laundry

  • Laundry in unit
  • 220 Volts In Laundry
  • Gas Dryer Hookup

Accessible Home Design

  • Accessible Elevator Installed
  • Wheelchair Access
  • Doors are 32 inches wide or more

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

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

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • 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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Sewer Stub Out
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 009-760-003

Community Details

Overview

  • Association fees include insurance, prop mgmt, comm area maint, exterior maint
  • 5 Buildings
  • 5 Units
  • Villas At Olive Mill Community

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$31,882

Year Built

Built in 2019

Lot Details

0

HOA Fees

$647 per month

Parking

2

Listing Details

  • Association Fee: 647
  • Directions: 101 to Olive Mill Rd off ramp. Villas are on the North West corner of Olive Mill Rd. and Coast Village Road
  • Prop. Type: Residential
  • Year Built: 2019
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: 220V Elect, Gas Hookup, In Unit
  • ResoLotFeatures: Level, Near Public Transit
  • ResoSecurityFeatures: Gate:Elec, Security Camera, Other, Smoke Detector(s)
  • Reso Association Amenities: Other
  • Reso Association Fee Includes: Other, Insurance, Prop Mgmt, Comm Area Maint, Exterior Maint
  • Co List Office Mls Id: vip01
  • Co List Office Phone: 805-681-8800
  • Reso Accessibility Features: Wheelchair Access, Wide Doors, Accessible Elevator Installed, Other
  • Architectural Style: Contemporary, Medit
  • Reso Flooring: Hardwood, Stone
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2019
  • Property Information Total #Units: 5
  • 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
  • Site Improvements Underground Util: 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
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Breakfast Bar2: Yes
  • Dining Dining Area2: Yes
  • Amenities Dual Pane Window2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Microwave3: Yes
  • Fireplace(s) LR: Yes
  • Security GateElec: Yes
  • Security Smoke Detector(s)2: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Cooling Central Air: Yes
  • Property Information Main House SqFt: 2220.0
  • GroundsLandscaping Built-in BBQ: Yes
  • Proximity Near Shopping2: Yes
  • Appliances Included Rev Osmosis2: Yes
  • Fireplace(s) Gas8: Yes
  • Security Security Camera2: Yes
  • FlrWdw Coverings Stone2: Yes
  • Proximity Near Bus: Yes
  • Style:Contemporary2: Yes
  • Location Info Development Name: Villas at Olive Mill
  • Roof:Tile2: Yes
  • CondoCO-OPPUD Attached7: Yes
  • Laundry:_two_20V Elect2: Yes
  • Laundry In Unit2: Yes
  • Appliances Included Low Flow Fixtures2: Yes
  • ParkingGarage Gar #12: Yes
  • Site Improvements Cable TV3: Yes
  • Laundry Gas Hookup2: Yes
  • Amenities High R-Value Insul: Yes
  • Appliances Included OvenBltin: Yes
  • Pets Yes: Yes
  • Style Medit2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Foundation Raised: Yes
  • Handicapped Access Elevator3: Yes
  • CondoCO-OPPUD End Unit: Yes
  • Handicapped Access Wide Doors2: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • Handicapped Access Wheelchair Access: Yes
  • ParkingGarage Com Garage: Yes
  • ParkingGarage:Total _pound_ Garage Spaces: 2.0
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Refrigerator, Oven/Rnge/Blt-In, Oven/Bltin, Dishwasher, Disposal, Double Oven, Gas Stove, Low Flow Fixtures, Microwave, Rev Osmosis
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas, LR
  • Appliances Included:Double Oven2: Yes

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Setting
  • Construction Type: Stucco
  • Topography: Level
  • Common Walls: End Unit
  • Exterior Features: Patio Covered
  • Foundation Details: Slab, Raised, Mixed

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Gar #1, Com Garage, Interior Access, Attached, Other

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Utilities: Underground Util
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Parcel #: 009-760-003
  • Zoning: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2020
Closed on
Jun 16, 2020
Sold by
Olive Oil And Gas Lp
Bought by
C 1 Llc
Seller's Agent
Timothy Walsh
Village Properties
Buyer's Agent
Mary Whitney
Berkshire Hathaway HomeServices California Properties
List Price
$2,995,000
Sold Price
$2,850,000
Premium/Discount to List
-$145,000
-4.84%
Current Estimated Value
$4,854,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,004,948
Avg. Annual Appreciation
10.74%
Source: Public Records

Range of Values:

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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
C 1 Llc $2,850,000 Chicago Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2020 06/22/20 Sold $2,850,000 -4.8% $1,284 / Sq Ft
06/14/2020 06/14/20 Pending -- -- --
05/21/2020 05/21/20 For Sale $2,995,000 -- $1,349 / 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 $31,882 $3,116,887 $1,203,008 $1,913,879
2023 $31,882 $2,995,856 $1,156,295 $1,839,561
2022 $30,712 $2,937,115 $1,133,623 $1,803,492
2021 $29,777 $2,879,526 $1,111,396 $1,768,130
2020 $20,362 $1,966,251 $266,251 $1,700,000
2019 $20,415 $1,972,326 $372,326 $1,600,000
Source: Public Records

Agents Affiliated with this Home

  • Timothy Walsh

    Seller's Agent in 2020

    Timothy Walsh

    Village Properties

    (805) 259-8808

    10 in this area

    30 Total Sales

    Timothy Walsh
    Section Image

  • J

    Seller Co-Listing Agent in 2020

    John Sener

    Village Properties - 1

  • M

    Buyer's Agent in 2020

    Mary Whitney

    Berkshire Hathaway HomeServices California Properties

    (805) 689-0915

    3 in this area

    12 Total Sales

    Mary Whitney
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-1840

Santa Barbara Multiple Listing Service

APN: 009-760-003

California Santa Barbara County Montecito 93108

105 Olive Mill Rd, Montecito, CA

This home is located at 105 Olive Mill Rd, Montecito, CA 93108 since 15 June 2020 and is currently estimated at $4,854,948, approximately $2,186 per square foot. This property was built in 2019. 105 Olive Mill Rd is a home located in Santa Barbara County with nearby schools including Santa Barbara Junior High School, Santa Barbara Senior High School, and Adelante Charter School.

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