NOT LISTED FOR SALE

1107 Clover Ln Santa Barbara, CA 93108

Estimated Value: $5,287,997 - $7,301,000

5 Beds
3 Baths
3,336 Sq Ft
$1,824/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $4,845,000 $1,452 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $34,678/month

14 Days on Market

Highlights

  • View of Trees or Woods
  • 2.07 Acre Lot
  • Contemporary Architecture
  • Cold Spring Elementary School Rated A+
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of May 2024

Nestled within the exclusive Riven Rock enclave in Montecito, this private and captivating Mediterranean home effortlessly combines timeless charm with contemporary elements. Boasting majestic coffered ceilings and large windows throughout, this 5 bedroom (plus office), 3 bathroom home presents a remarkable canvas for further development or can be cherished as is. Each room offers floor to ceiling french doors that open up to the oak-studded property, allowing ample natural light, a superb indoor/outdoor flow, and a quintessential Montecito feel. A detached two-car garage and possibility for a pool, and guest house or ADU increases the value of this offering. Set on over two acres of land and surrounded by multiple esteemed properties, 1107 Clover Lane embodies the rich history and imaginative spirit of the original McCormick estate. Located in close proximity to the Upper and Lower Villages in the acclaimed Cold Spring School District, this residence offers the perfect balance of tranquility and convenience, allowing residents to embrace the essence of Montecito living while escaping the demands of modern life.

Last Agent to Sell the Property

Amanda Lee

The Agency License #01986728 Listed on: 02/09/2024

Co-Listed By

Eric Haskell

The Agency License #01866805

Last Buyer's Agent

Amanda Lee

Village Properties - C & H

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 2.07 Acre Lot
  • Partially Fenced Property
  • Lawn
  • Property is in good condition

Parking

  • Garage

Home Design

  • Contemporary Architecture
  • Mediterranean Architecture
  • Split Level Home
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 3,336 Sq Ft Home
  • Fireplace
  • Family Room
  • Combination Kitchen and Dining Room
  • Home Office
  • Loft
  • Views of Woods

Kitchen

  • Built-In Electric Oven
  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned
  • Septic System

Community Details

  • Riven Rock Community

Listing and Financial Details

  • Assessor Parcel Number 011-040-029

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1970
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • Co List Office Mls Id: THEAG4
  • Co List Office Phone: 424-230-3700
  • Architectural Style: Contemporary, Medit
  • Reso Flooring: Laminate, Carpet, Tile
  • Garage Yn: Yes
  • Unit Levels: Split Level
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1970
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 2.07
  • NeighborhoodSchools Elementary School: Cold Spring
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • WaterSewer Sewer Avail: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: 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 Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Washer3: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • Property Information Main House SqFt: 3336.0
  • View Wooded3: Yes
  • Rooms Office3: Yes
  • Dining In Kitchen4: Yes
  • Condition Good2: Yes
  • Style:Contemporary2: Yes
  • Construction Split Level: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • WaterSewer Septic In: Yes
  • FlrWdw Coverings Carpet: Yes
  • Location Info Development Name: Riven Rock
  • GroundsLandscaping Deck3: Yes
  • FlrWdw Coverings Laminate2: Yes
  • Appliances Included Wtr SoftenerOwned: Yes
  • Style Medit2: Yes
  • Rooms Loft2: Yes
  • Fireplace(s) 23: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Electric Oven, Dishwasher, Dryer, Gas Stove, Washer, Wtr Softener/Owned
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Appliances Included:Built-In Electric Oven: Yes

Exterior Features

  • Roof: Flat
  • View: Setting, Wooded
  • Construction Type: Stucco
  • Acres: 2.07
  • Exterior Features: Deck, Patio Open, Lawn, Fenced: PRT
  • Foundation Details: Mixed
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • 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 #: 011-040-029
  • Zoning: R-1
  • Lot Size Sq Ft: 90169.2
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2024
Closed on
May 20, 2024
Sold by
Rapp Jennifer Lara
Bought by
Dan & Stephanie Kennedy Trust and Kennedy
Seller's Agent
Amanda Lee
The Agency
Buyer's Agent
Amanda Lee
Village Properties - C & H
List Price
$5,250,000
Sold Price
$4,845,000
Premium/Discount to List
-$405,000
-7.71%
Views
262
Current Estimated Value
$6,083,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,238,499
Avg. Annual Appreciation
14.79%
Original Mortgage
$3,000,000
Outstanding Balance
$2,959,665
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$3,123,834

Purchase Details

Listed on
Feb 8, 2019
Closed on
Apr 16, 2019
Sold by
Abbott Jennifer
Bought by
Rapp Jennifer Lara
Seller's Agent
Michael Calcagno
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Brian & Kristin McWilliams
Sotheby's International Realty
List Price
$2,695,000
Sold Price
$2,485,000
Premium/Discount to List
-$210,000
-7.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.96%
Original Mortgage
$1,988,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 28, 2013
Closed on
May 24, 2013
Sold by
Abbott Jennifer A
Bought by
Abbott Jennifer
Seller's Agent
Bruce Venturelli
Sotheby's International Realty
Buyer's Agent
Jim Scarborough
Coldwell Banker Realty
List Price
$1,849,900
Sold Price
$1,882,000
Premium/Discount to List
$32,100
1.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.80%
Original Mortgage
$1,000,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 28, 2013
Closed on
May 1, 2013
Sold by
Us Bank National Association
Bought by
Abbott Jennifer A
Seller's Agent
Bruce Venturelli
Sotheby's International Realty
Buyer's Agent
Jim Scarborough
Coldwell Banker Realty
List Price
$1,849,900
Sold Price
$1,882,000
Premium/Discount to List
$32,100
1.74%

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
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 28, 2013
Closed on
Apr 25, 2013
Sold by
Apostol Dan
Bought by
Abbott Jennifer A
Seller's Agent
Bruce Venturelli
Sotheby's International Realty
Buyer's Agent
Jim Scarborough
Coldwell Banker Realty
List Price
$1,849,900
Sold Price
$1,882,000
Premium/Discount to List
$32,100
1.74%

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
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2011
Sold by
Zupsic Christopher and Zupsic Kathryn
Bought by
Us Bank National Association

Purchase Details

Closed on
Apr 12, 1996
Sold by
Pratt Deborah
Bought by
Zupsic Christopher and Zupsic Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
7.41%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 11, 1994
Sold by
Bellisario Donald P and Bellisario Deborah P
Bought by
Pratt Deborah
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

Date Buyer Sale Price Title Company
Dan & Stephanie Kennedy Trust $4,845,000 Chicago Title Company
Rapp Jennifer Lara $2,485,000 Chicago Title Company
Abbott Jennifer -- None Available
Abbott Jennifer A $1,882,000 First American Title Company
Abbott Jennifer A -- First American Title Company
Us Bank National Association $2,745,827 Accommodation
Zupsic Christopher -- First American Title
Pratt Deborah -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dan & Stephanie Kennedy Trust $3,000,000
Previous Owner Rapp Jennifer Lara $1,988,000
Previous Owner Abbott Jennifer A $1,000,000
Previous Owner Zupsic Christopher $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2024 05/31/24 Sold $4,845,000 -7.7% $1,452 / Sq Ft
02/24/2024 02/24/24 Pending -- -- --
02/09/2024 02/09/24 For Sale $5,250,000 +111.3% $1,574 / Sq Ft
04/23/2019 04/23/19 Sold $2,485,000 -7.8% $899 / Sq Ft View Prior Sale
03/04/2019 03/04/19 Pending -- -- --
02/08/2019 02/08/19 For Sale $2,695,000 0.0% $975 / Sq Ft
07/22/2016 07/22/16 Rented -- -- --
06/22/2016 06/22/16 Under Contract -- -- --
02/08/2016 02/08/16 For Rent $10,000 +33.3% --
06/23/2014 06/23/14 Rented $7,500 -11.8% --
06/23/2014 06/23/14 For Rent $8,500 -99.5% --
12/01/2013 12/01/13 Rented -- -- --
11/01/2013 11/01/13 Under Contract -- -- --
08/03/2013 08/03/13 For Rent -- -- --
05/21/2013 05/21/13 Sold $1,882,000 +1.7% $680 / Sq Ft View Prior Sale
04/17/2013 04/17/13 Pending -- -- --
03/28/2013 03/28/13 For Sale $1,849,900 -- $669 / 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 $28,721 $4,941,900 $3,366,000 $1,575,900
2023 $28,721 $2,664,420 $1,608,302 $1,056,118
2022 $27,851 $2,612,177 $1,576,767 $1,035,410
2021 $27,265 $2,560,958 $1,545,850 $1,015,108
2020 $26,798 $2,534,700 $1,530,000 $1,004,700
2019 $21,814 $2,077,547 $1,103,904 $973,643
2018 $21,388 $2,036,811 $1,082,259 $954,552
2017 $21,028 $1,996,875 $1,061,039 $935,836
2016 $20,448 $1,957,722 $1,040,235 $917,487
2015 $20,221 $1,928,316 $1,024,610 $903,706
2014 -- $1,890,544 $1,004,540 $886,004
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 24-412

Santa Barbara Multiple Listing Service

APN: 011-040-029