NOT LISTED FOR SALE

1075 Cold Springs Rd Santa Barbara, CA 93108

Estimated Value: $7,209,201 - $8,375,000

4 Beds
4 Baths
3,877 Sq Ft
$1,982/Sq Ft Est. Value

Last Sold January 30, 2014

Last sale price $3,400,000 $877 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $45,056/month

266 Days on Market

Highlights

  • Ocean View
  • Estate
  • Fireplace in Primary Bedroom
  • Cold Spring Elementary School Rated A
  • Updated Kitchen
  • Deck

About This Home

As of January 2014

Private ocean view estate offers a relaxed, serene environment throughout the home and lush gardens. There are 4 bedrooms,4 baths, beautiful kitchen w/breakfast room, formal living room and separate den/media room opening to sun filled ocean view deck. Formal dining room has private garden terrace. Surrounded by prominent estates and convenient to upper and lower villages.

Last Agent to Sell the Property

Vivienne Leebosh

Sotheby's International Realty License #01229350 Listed on: 04/01/2013

Last Buyer's Agent

Natalie Grubb

Village Properties License #01236143

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,338

Year Built

  • Built in 1980

Lot Details

  • 1 Acre Lot
  • Property is in excellent condition

Parking

  • Attached Garage

Property Views

  • Ocean
  • Mountain

Home Design

  • Estate
  • Split Level Home
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • Skylights
  • Multiple Fireplaces
  • Double Pane Windows
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom
  • 4 Full Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Location

  • Property is near schools

Schools

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

Utilities

  • Forced Air Heating System
  • Sewer Stub Out

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 013-060-030

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,338

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Directions: Co-listed with Barbara Koutnik of Coldwell Banker 805.689.3015
  • Prop. Type: Residential
  • Year Built: 1980
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Common Area
  • Subdivision Name: Other
  • Architectural Style: Estate
  • Reso Flooring: Hardwood, Stone, Tile
  • Garage Yn: Yes
  • Unit Levels: Split Level
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1980
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.0
  • NeighborhoodSchools Elementary School: Cold Spring
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Patio Open2: Yes
  • View Setting2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Amenities Dual Pane Window2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Gas Stove3: Yes
  • Fireplace(s) LR: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Style Estate2: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • FlrWdw Coverings Stone2: Yes
  • Construction Split Level: Yes
  • GroundsLandscaping Deck3: Yes
  • Other Buildings Shed: Yes
  • ViewOcean: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Laundry Common Area2: Yes
  • Fireplace(s) 24: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Dishwasher, Disposal, Gas Stove
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Primary Bedroom, Family Room, 2+, LR

Exterior Features

  • Roof: Flat
  • View: Mountain(s), Ocean, Setting
  • Construction Type: Stucco
  • Acres: 1.0
  • Exterior Features: Deck, Patio Open, Patio Covered
  • Foundation Details: Mixed
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #2, Attached

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes

Schools

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

Lot Info

  • Parcel #: 013-060-030
  • Zoning: R-1
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2013
Closed on
Jan 10, 2014
Sold by
Johnston Gary Raymond and Johnston Elizabeth Jane
Bought by
Schaffer Arnold R and Schaffer Diane E
Seller's Agent
Vivienne Leebosh
Sotheby's International Realty
Buyer's Agent
Natalie Grubb
Village Properties
List Price
$3,650,000
Sold Price
$3,400,000
Premium/Discount to List
-$250,000
-6.85%
Current Estimated Value
$7,684,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,284,800
Avg. Annual Appreciation
7.26%

Purchase Details

Closed on
Oct 29, 2010
Sold by
Johnston Gary and Johnston Elizabeth
Bought by
Johnston Gary Raymond and Johnston Elizabeth Jane

Purchase Details

Closed on
Apr 17, 2008
Sold by
Moore John Rex and Moore Rhonda K
Bought by
Johnston Gary and Johnston Elizabeth

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
Interest Rate
5.8%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 28, 2006
Sold by
Moore John Rex and Moore Rhonda
Bought by
Moore John Rex and Moore Rhonda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,730
Interest Rate
6.12%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 27, 2006
Sold by
Moore John Rex and Moore Rhonda
Bought by
Moore John Rex and Moore Rhonda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,730
Interest Rate
6.12%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Schaffer Arnold R $3,400,000 Chicago Title Company
Johnston Gary Raymond -- None Available
Johnston Gary -- Equity Title Santa Barbara
Moore John Rex -- Fidelity National Title
Moore John Rex -- Fidelity National Title
Moore John Rex -- Equity Title Company Santa B
Moore John Rex -- Equity Title Company Santa B
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaffer Arnold R $250,000
Open Schaffer Arnold R $655,600
Closed Schaffer Arnold R $250,000
Closed Schaffer Arnold R $877,000
Closed Schaffer Arnold R $1,000,000
Previous Owner Johnston Gary Raymond $575,000
Previous Owner Johnston Gary $603,750
Previous Owner Johnston Gary $1,000,000
Previous Owner Moore John Rex $269,730
Previous Owner Moore John Rex $2,160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2014 01/30/14 Sold $3,400,000 0.0% $877 / Sq Ft
01/30/2014 01/30/14 Sold $3,400,000 -6.8% $877 / Sq Ft
12/23/2013 12/23/13 Pending -- -- --
12/23/2013 12/23/13 Pending -- -- --
04/01/2013 04/01/13 For Sale $3,650,000 0.0% $941 / Sq Ft
04/01/2013 04/01/13 For Sale $3,650,000 -- $941 / 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 $49,338 $4,672,109 $2,451,721 $2,220,388
2023 $49,338 $4,490,687 $2,356,519 $2,134,168
2022 $47,687 $4,402,635 $2,310,313 $2,092,322
2021 $46,703 $4,316,310 $2,265,013 $2,051,297
2020 $45,920 $4,272,053 $2,241,789 $2,030,264
2019 $45,042 $4,178,485 $2,197,833 $1,980,652
2018 $44,217 $4,096,555 $2,154,739 $1,941,816
2017 $41,322 $3,811,232 $2,122,490 $1,688,742
2016 $37,842 $3,520,817 $2,071,069 $1,449,748
2014 $31,237 $2,887,709 $1,821,561 $1,066,148
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 13-1024

Santa Barbara Multiple Listing Service

APN: 013-060-030