NOT LISTED FOR SALE

Estimated Value: $6,114,000 - $7,914,000

5 Beds
4 Baths
4,759 Sq Ft
$1,439/Sq Ft Est. Value

About This Home

As of September 2018

1922 GEORGE WASHINGTON SMITH Spanish Colonial Revival Masterpiece with Resort-like Pool! Remodeled to perfection and located within walking distance to the Montecito Country Club and Lower Village, this fabulous estate is situated down a private lane on 1.1+ beautiful landscaped acres. This 4,501 square foot architectural masterpiece has 5 bedrooms + an office, 4 baths, 3 fireplaces, a chef's kitchen,spacious family room, dining room opening to view terraces, wonderful balconies, gleaming hardwood floors and updated systems. Each room is flooded with natural light, gracious in size and scale with voluminous ceilings and enchanting G.W. Smith Spanish architectural and design details throughout.
Pets considered. Located within the coveted Montecito Union School District, this home is truly a work of art worthy of publication, unseen by the public for years and now available turnkey to you. Nothing like it on the market compares, this is an extremely rare opportunity, what are you waiting for?

The property sits on 1.1+ fully landscaped acres with stunning specimen trees, sprawling lawns, flowering gardens, sandstone walls and more!

Last Agent to Rent the Property

Jason Streatfeild

Berkshire Hathaway HomeServices California Properties Listed on: 07/18/2018

Last Renter's Agent

Jason Streatfeild

Jason Streatfeild Luxury Estates

Home Details

Home Type

  • Single Family

Year Built

  • 1922

Lot Details

  • 1.1

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Year Built

1922

Lot Details

0

Listing Details

  • Prop. Type: ResidentialLease
  • Reso Property Sub Type: Home/Estate
  • Property Information Total Bathrooms2: 4.0
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1922

Interior Features

  • Total Bedrooms: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2024
Sold by
Loop Family Trust and Loop Robert Charles
Bought by
Gws Ventures Llc
Current Estimated Value
$6,848,620

Purchase Details

Closed on
Mar 15, 2010
Sold by
Wade Lisa Jean
Bought by
Loop Robert Charles and Loop Victoria Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
4.94%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 25, 2003
Sold by
Wade Glen and Wade Laree B
Bought by
Wade Glen and Wade Laree

Purchase Details

Closed on
Jun 17, 1996
Sold by
Wade Glen and Wade Laree B
Bought by
Wade Glen and Wade Laree B

Purchase Details

Closed on
Mar 2, 1995
Sold by
Wade Glen and Wade Laree
Bought by
Wade Glen and Wade Laree
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gws Ventures Llc -- None Listed On Document
Loop Robert Charles $1,945,500 Fidelity National Title Co
Wade Glen -- --
Wade Glen -- --
Wade Glen -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Loop Robert Charles $1,700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2018 09/06/18 Rented $13,000 +4.0% --
09/06/2018 09/06/18 Under Contract -- -- --
07/17/2018 07/17/18 For Rent $12,500 -- --
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 $29,179 $2,716,271 $2,206,952 $509,319
2023 $29,179 $2,597,387 $2,121,255 $476,132
2022 $27,948 $2,530,779 $2,079,665 $451,114
2021 $27,388 $2,481,157 $2,038,888 $442,269
2020 $27,136 $2,455,717 $2,017,982 $437,735
2019 $26,420 $2,407,566 $1,978,414 $429,152
2018 $25,931 $2,360,360 $1,939,622 $420,738
2017 $24,302 $2,206,240 $1,901,593 $304,647
2016 $23,560 $2,162,981 $1,864,307 $298,674
2015 $23,072 $2,130,492 $1,836,304 $294,188
2014 $22,717 $2,088,760 $1,800,334 $288,426
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: RN-14783

Santa Barbara Multiple Listing Service

APN: 009-111-001