NOT LISTED FOR SALE

1135 Summit Rd Santa Barbara, CA 93108

Estimated Value: $5,941,000 - $6,439,000

3 Beds
4.5 Baths
3,665 Sq Ft
$1,687/Sq Ft Est. Value

Last Sold March 23, 2018

Last sale price $3,400,000 $928 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $35,528/month

29 Days on Market

Highlights

  • Spa
  • Fireplace in Primary Bedroom
  • Spanish Architecture
  • Santa Barbara Senior High School Rated A-
  • Property is near public transit, shops, and bus stop
  • Direct Access Garage

About This Home

As of March 2018

Gorgeous and authentic hacienda style home located in Montecito's Lower Village! This magnificent 3 bed/ 4 bath home exudes a resort-like ambiance with multiple fountains, a spectacular central courtyard with covered patio, and a beautiful free form pool and spa! The interior of the home, and vaulted wood beamed ceilings provide a rustic and charming Spanish feel with an abundance of wall space to display art. This home enjoys two master suites that face the courtyard each complete with a beautiful fireplace. Entertain guests with the outdoor barbecue and pool cabana. An amazing place to rest and relax, this home provides beauty and serenity. Convenient to shops and dining along Coast Village Road, and to Butterfly Beach . In MUS.

Last Agent to Sell the Property

Dan Encell

Berkshire Hathaway HomeServices California Properties License #00976141 Listed on: 01/24/2018

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

James St. James

Berkshire Hathaway HomeServices California Properties License #01369539

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 0.48 Acre Lot
  • Property is in excellent condition

Parking

  • Direct Access Garage

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • Multiple Fireplaces
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom

Pool

  • Spa
  • Outdoor Pool

Schools

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

Additional Features

  • Fireplace in Patio
  • Property is near public transit, shops, and bus stop
  • Sewer Stub Out

Listing and Financial Details

  • Assessor Parcel Number 009-161-008

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 2006
  • Reso Property Sub Type: Home/Estate
  • ResoLotFeatures: Near Public Transit
  • Architectural Style: Spanish
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2006
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Foundation:Slab: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Pool: Yes
  • Fireplace(s) LR: Yes
  • WaterSewer Sewer Hookup: Yes
  • Proximity Near Shopping2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Dining Room2: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Property Information Apx Lot SqFt: 20908.0
  • Proximity Near Bus: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Hot Tub2: Yes
  • Style Spanish2: Yes
  • Fireplace(s) Patio3: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Primary Bedroom, Family Room, Dining Room, 2+, LR, Patio

Exterior Features

  • Roof: Tile
  • Acres: 0.48
  • Exterior Features: Pool, Hot Tub
  • Foundation Details: Slab

Garage/Parking

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

Utilities

  • Water Source: Mont Wtr

Schools

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

Lot Info

  • Parcel #: 009-161-008
  • Zoning: R-1
  • Lot Size Sq Ft: 20908.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2018
Closed on
Mar 13, 2018
Sold by
Carlson Steven W and Carlson Janet K
Bought by
Schmider Ernest L and Ernest L Schmider Living Trust
Seller's Agent
Dan Encell
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
James St. James
Berkshire Hathaway HomeServices California Properties
List Price
$3,650,000
Sold Price
$3,400,000
Premium/Discount to List
-$250,000
-6.85%
Current Estimated Value
$6,184,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,784,026
Avg. Annual Appreciation
7.93%

Purchase Details

Closed on
Mar 20, 2012
Sold by
Carlson Steven W
Bought by
Carlson Steven W and Carlson Janet K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2008
Sold by
Carlson Steven W and Carlson Janet K
Bought by
Carlson Steven W and Carlson Janet K

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
5.38%
Mortgage Type
Purchase Money Mortgage
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
Schmider Ernest L $3,400,000 Chicago Title Co
Carlson Steven W -- First American Title Company
Carlson Steven W -- Accommodation
Carlson Steven W -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carlson Steven W $417,000
Previous Owner Carlson Steven W $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2018 03/23/18 Sold $3,400,000 -6.8% $928 / Sq Ft
02/21/2018 02/21/18 Pending -- -- --
01/23/2018 01/23/18 For Sale $3,650,000 -- $996 / 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 $40,994 $3,895,956 $1,934,307 $1,961,649
2023 $40,994 $3,744,674 $1,859,197 $1,885,477
2022 $39,576 $3,671,250 $1,822,743 $1,848,507
2021 $38,765 $3,599,265 $1,787,003 $1,812,262
2020 $38,391 $3,562,360 $1,768,680 $1,793,680
2019 $37,324 $3,468,000 $1,734,000 $1,734,000
2018 $36,622 $3,400,000 $1,800,000 $1,600,000
2017 $34,102 $3,157,000 $1,520,000 $1,637,000
2016 $32,163 $3,007,000 $1,448,000 $1,559,000
2014 $30,074 $2,807,000 $1,352,000 $1,455,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 18-236

Santa Barbara Multiple Listing Service

APN: 009-161-008