NOT LISTED FOR SALE

1141 Summit Rd Santa Barbara, CA 93108

Estimated Value: $4,196,751 - $5,497,000

3 Beds
2 Baths
2,634 Sq Ft
$1,862/Sq Ft Est. Value

Last Sold September 14, 2012

Last sale price $1,500,000 $569 Per Sq Ft

Est. 227% increase in value since last sale

Current estimated payment $28,211/month

332 Days on Market

Highlights

  • Updated Kitchen
  • Fruit Trees
  • Spanish Architecture
  • Santa Barbara Senior High School Rated A-
  • Property is near a park
  • Corner Lot

About This Home

As of September 2012

Newly remodeled Montecito Pied-a-Terre offers sophisticated yet casual living & located just above Coast Village Rd. Single level 3br/2ba with new electrical, windows, roof and copper plumbing. Soaring ceilings, lovely finishes and living room with fireplace. Great room/kitchen with custom cabinetry, granite counters and travertine flooring is perfect for entertaining friends and family.

Last Agent to Sell the Property

Terrence Ryken

Sotheby's International Realty Listed on: 10/11/2011

Last Buyer's Agent

Nancy Kogevinas

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,270

Year Built

  • Built in 1973

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 93 x 172
  • Corner Lot
  • Fruit Trees
  • Lawn
  • Property is in excellent condition

Parking

  • Attached Garage

Home Design

  • Spanish Architecture
  • Cottage
  • Flat Roof Shape
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,634 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Updated Kitchen

Flooring

  • Stone
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms

Location

  • Property is near a park
  • Property is near shops

Schools

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

Utilities

  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 009-162-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,270

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1973
  • Reso Property Sub Type: Home/Estate
  • ResoLotFeatures: Corner Lot
  • Subdivision Name: Other
  • Architectural Style: Cal Cottage, Spanish
  • Reso Flooring: Stone, Tile
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1973
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.36
  • 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
  • Style Cal Cottage: Yes
  • Construction Single Story2: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • Proximity Near Park(s)2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Amenities Skylight2: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Tile3: Yes
  • LocationTopo Corner Lot2: Yes
  • Proximity Near Shopping2: Yes
  • Dining In Kitchen4: Yes
  • FlrWdw Coverings Stone2: Yes
  • Roof:Tile2: Yes
  • Appliances Included Wtr SoftenerOwned: Yes
  • Property Information Apx Lot Size FxD: 93 x 172
  • Style Spanish2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Wtr Softener/Owned
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: LR
  • Total Bedrooms: 5

Exterior Features

  • Roof: Tile, Flat
  • Construction Type: Stucco
  • Acres: 0.36
  • Exterior Features: Lawn, Fruit Trees
  • Foundation Details: Slab
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

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

Schools

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

Lot Info

  • Parcel #: 009-162-014
  • Zoning: R-1
  • Lot Size Sq Ft: 15681.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2018
Sold by
Samaan Hani Adel and Samaan Melinda
Bought by
Samaan Hani Adel and Samaan Melinda
Current Estimated Value
$4,905,438

Purchase Details

Listed on
Oct 11, 2011
Closed on
Sep 11, 2012
Sold by
Pitts Tommie Jean
Bought by
Samaan Hani Adel and Samaan Melinda A
Seller's Agent
Terrence Ryken
Sotheby's International Realty
Buyer's Agent
Nancy Kogevinas
Berkshire Hathaway HomeServices California Properties
List Price
$1,985,000
Sold Price
$1,500,000
Premium/Discount to List
-$485,000
-24.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.56%

Purchase Details

Closed on
Jan 2, 2007
Sold by
Pitts Tommie Jean
Bought by
Pitts Tommie Jean

Purchase Details

Closed on
Aug 12, 2003
Sold by
Pitts David A and Pitts Tommie Jean
Bought by
Pitts Tommie Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2003
Sold by
Pitts Tommie Jean
Bought by
Pitts David A and Pitts Tommie Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 1998
Sold by
Pitts David A
Bought by
Pitts Tommie Jean

Purchase Details

Closed on
Jan 5, 1998
Sold by
Hart Frederick B
Bought by
Pitts David A and Pitts Tommie Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.9%

Purchase Details

Closed on
May 15, 1996
Sold by
Bird Carolyn J
Bought by
The Sylvia J Clerny Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7%

Purchase Details

Closed on
May 2, 1996
Sold by
Bird Carolyn J
Bought by
Hart Frederick B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7%

Purchase Details

Closed on
Sep 7, 1995
Sold by
Esten Christopher E
Bought by
Bird Carolyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
7.92%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Samaan Hani Adel -- None Available
Samaan Hani Adel -- None Available
Samaan Hani Adel $1,500,000 First American Title Company
Pitts Tommie Jean -- None Available
Pitts Tommie Jean -- Chicago Title Co
Pitts David A -- Chicago Title Co
Pitts Tommie Jean -- --
Pitts David A -- Equity Title Company
The Sylvia J Clerny Trust -- --
Hart Frederick B -- Equity Title Company
Bird Carolyn J -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pitts David A $588,000
Previous Owner Pitts David A $600,000
Previous Owner Hart Frederick B $400,000
Previous Owner Bird Carolyn J $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2012 09/14/12 Sold $1,500,000 -24.4% $569 / Sq Ft
09/07/2012 09/07/12 Pending -- -- --
10/11/2011 10/11/11 For Sale $1,985,000 -- $754 / 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 $20,270 $1,847,133 $1,046,710 $800,423
2023 $20,270 $1,775,409 $1,006,066 $769,343
2022 $19,606 $1,740,598 $986,340 $754,258
2021 $19,220 $1,706,469 $967,000 $739,469
2020 $19,045 $1,688,972 $957,085 $731,887
2019 $18,631 $1,655,856 $938,319 $717,537
2018 $18,295 $1,623,389 $919,921 $703,468
2017 $17,909 $1,591,559 $901,884 $689,675
2016 $17,359 $1,560,352 $884,200 $676,152
2015 $16,951 $1,536,915 $870,919 $665,996
2014 -- $1,506,810 $853,859 $652,951
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 11-3461

Santa Barbara Multiple Listing Service

APN: 009-162-014