NOT LISTED FOR SALE

1071 E Mountain Dr Santa Barbara, CA 93108

Estimated Value: $6,650,000 - $7,810,000

2 Beds
2 Baths
1,398 Sq Ft
$5,154/Sq Ft Est. Value

Sale Details

Date Sold: August 26, 2022

Last sale price $3,873,000 $2,770 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $40,739 / mo

30 Days on Market

Highlights

  • Cottage
  • 1-Story Property
  • Laundry Facilities
  • Cold Spring Elementary School Rated A+
  • Garage

About This Home

As of August 2022

Location, charm, functionality, and unlimited potential come together in this rare East Mountain Drive opportunity. This property features two cottages (each with their own private driveway) and is situated on a very sunny and usable 1.33 acre parcel. With a 2 bed/ 2 bath main house (1,438 sqft) and a 1 bed/1 bath guest house (1,216 sqft), 1071 East Mountain Drive is the ideal set up for in-laws, guests, grown children or dual investors. Roll up your sleeves and unlock the full potential of this ''diamond in the rough.'' With plenty of usable space, this property offers room for expansion, adding a pool/spa area or the creation of your dream backyard paradise..... Convenient to local hiking trails, Westmont College and the luxurious amenities of Montecito's Upper & Lower Villages. Cold Spring School District.

Last Agent to Sell the Property

Dan Encell

Berkshire Hathaway HomeServices California Properties License #00976141 Listed on: 06/27/2022

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Daniel Encell

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 1.33 Acre Lot
  • Property is in good condition

Parking

  • Garage

Home Design

  • Cottage

Interior Spaces

  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Septic System

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 011-040-019

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

1.33 Acres

Listing Details

  • Prop. Type: Residential
  • Year Built: 1954
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Common Area
  • Architectural Style: Cal Cottage
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Good, Fair
  • Property Information Year Built2: 1954
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.33
  • NeighborhoodSchools Elementary School: Cold Spring
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Style Cal Cottage: Yes
  • Construction Single Story2: Yes
  • ParkingGarage Gar #22: Yes
  • Fireplace(s) LR: Yes
  • Condition Good2: Yes
  • WaterSewer Septic In: Yes
  • Condition Fair2: Yes
  • Laundry Common Area2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: LR

Exterior Features

  • Acres: 1.33

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2

Utilities

  • Water Source: Mont Wtr

Schools

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

Lot Info

  • Parcel #: 011-040-019
  • Zoning: Other
  • Lot Size Sq Ft: 57934.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2026
Sold by
Ferris Marie A and Marie A Ferris Living Trust
Bought by
Marie A Ferris Living Trust
Current Estimated Value
$7,205,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$300,000
Interest Rate
6.06%
Mortgage Type
New Conventional
Estimated Equity
$6,905,176

Purchase Details

Listed on
Jun 27, 2022
Closed on
Aug 17, 2022
Sold by
Wb Real Estate Llc
Bought by
Marie A Ferris Living Trust
Seller's Agent
Dan Encell
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Daniel Encell
Berkshire Hathaway HomeServices California Properties
List Price
$3,850,000
Sold Price
$3,873,000
Premium/Discount to List
$23,000
0.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.00%
Original Mortgage
$2,000,000
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 28, 2020
Closed on
Aug 25, 2020
Sold by
Godstick David Oliver and Godstick Leslie Harry
Bought by
Wb Real Estate Llc
Seller's Agent
Luke Ebbin
Compass
Buyer's Agent
Peggy Olcese
Compass
List Price
$2,300,000
Sold Price
$2,425,000
Premium/Discount to List
$125,000
5.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.53%

Purchase Details

Listed on
Apr 22, 2013
Closed on
Jun 20, 2013
Sold by
Smith Terence R
Bought by
Goldstick David Oliver and Leslie Harry B
Seller's Agent
Marcel Fraser
Marcel P. Fraser Realtors
Buyer's Agent
Lucas Ebbin
Berkshire Hathaway HomeService
List Price
$2,150,000
Sold Price
$1,900,000
Premium/Discount to List
-$250,000
-11.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.49%
Original Mortgage
$1,224,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 22, 2004
Sold by
Deetjen Jose and Hess Douglas
Bought by
Smith Terence R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,481,250
Interest Rate
3.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 19, 1994
Sold by
Hench John C and Hench Lowry H
Bought by
Hench John Charles and Hench John C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Marie A Ferris Living Trust -- Pacific Coast Title
Marie A Ferris Living Trust $3,873,000 Chicago Title
Wb Real Estate Llc $2,425,000 Chicago Title Company
Goldstick David Oliver $1,900,000 Chicago Title Company
Smith Terence R $1,975,000 Fidelity National Title Co
Hench John Charles -- --
Hench John C -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Marie A Ferris Living Trust $300,000
Previous Owner Marie A Ferris Living Trust $2,000,000
Previous Owner Goldstick David Oliver $1,224,000
Previous Owner Smith Terence R $1,481,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/29/2022 08/29/22 Off Market $3,873,000 -- --
08/26/2022 08/26/22 Sold $3,873,000 +0.6% $2,770 / Sq Ft
07/27/2022 07/27/22 Pending -- -- --
06/27/2022 06/27/22 For Sale $3,850,000 +58.8% $2,754 / Sq Ft
08/28/2020 08/28/20 Sold $2,425,000 +5.4% $1,735 / Sq Ft View Prior Sale
08/28/2020 08/28/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $2,300,000 0.0% $1,645 / Sq Ft
03/28/2019 03/28/19 Rented $3,600 0.0% --
03/28/2019 03/28/19 Under Contract -- -- --
03/09/2019 03/09/19 For Rent $3,600 0.0% --
02/15/2017 02/15/17 Rented $3,600 +2.9% --
02/15/2017 02/15/17 Under Contract -- -- --
01/27/2017 01/27/17 For Rent $3,500 -2.8% --
01/13/2014 01/13/14 Rented -- -- --
01/13/2014 01/13/14 For Rent $3,600 0.0% --
07/17/2013 07/17/13 Sold $1,900,000 0.0% $1,359 / Sq Ft View Prior Sale
07/17/2013 07/17/13 Sold $1,900,000 -11.6% $1,359 / Sq Ft View Prior Sale
05/30/2013 05/30/13 Pending -- -- --
05/30/2013 05/30/13 Pending -- -- --
04/21/2013 04/21/13 For Sale $2,150,000 0.0% $1,538 / Sq Ft
04/21/2013 04/21/13 For Sale $2,150,000 -- $1,538 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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 $20,946 $2,023,241 $1,421,738 $601,503
2023 $20,946 $1,944,678 $1,366,531 $578,147
2022 $26,223 $2,473,500 $2,040,000 $433,500
2021 $25,668 $2,425,000 $2,000,000 $425,000
2020 $22,389 $2,129,698 $2,017,611 $112,087
2019 $21,888 $2,087,940 $1,978,050 $109,890
2018 $21,460 $2,047,001 $1,939,265 $107,736
2017 $21,098 $2,006,865 $1,901,241 $105,624
2016 $20,515 $1,967,515 $1,863,962 $103,553
2014 $19,961 $1,900,000 $1,800,000 $100,000
Source: Public Records

Agents Affiliated with this Home

  • Dan Encell

    Seller's Agent in 2022

    Dan Encell

    Berkshire Hathaway HomeServices California Properties

    (805) 677-2013

    29 in this area

    105 Total Sales

    Dan Encell
    Section Image

  • D

    Buyer's Agent in 2022

    Daniel Encell

    Berkshire Hathaway HomeServices California Properties

  • Luke Ebbin

    Seller's Agent in 2020

    Luke Ebbin

    Compass

    (805) 253-7700

    25 in this area

    73 Total Sales

    Luke Ebbin
    Section Image

  • P

    Buyer's Agent in 2020

    Peggy Olcese

    Compass

    (805) 895-6757

    3 in this area

    5 Total Sales

    Peggy Olcese
    Section Image
  • Andy Alexander

    Seller's Agent in 2019

    Andy Alexander

    Santa Barbara Brokers, Inc.

    (805) 722-2531

    10 Total Sales

    Andy Alexander
    Section Image

  • M

    Seller's Agent in 2013

    Marcel Fraser

    Marcel P. Fraser Realtors

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 22-2144

Santa Barbara Multiple Listing Service

APN: 011-040-019

California Santa Barbara County Santa Barbara 93108

1071 E Mountain Dr, Santa Barbara, CA

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