NOT LISTED FOR SALE

116 Palm Tree Ln Santa Barbara, CA 93108

Estimated Value: $2,999,000 - $4,218,000

3 Beds
3 Baths
1,923 Sq Ft
$1,807/Sq Ft Est. Value

Last Sold March 28, 2013

Last sale price $1,450,000 $754 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $19,273/month

53 Days on Market

Highlights

  • Art Studio
  • Property is near an ocean
  • Fruit Trees
  • Cold Spring Elementary School Rated A+
  • Updated Kitchen
  • Maid or Guest Quarters

About This Home

As of March 2013

Charming board & batten cottage on a half acre includes 3bd/3ba, office, den, bright kitchen, dining room, hardwood floors, & FP in living room, fountains, sprawling lawns. Walled & gated for privacy, in a superb location convenient to beach, Coast Village shops, farmer's market, & Montecito Country Club. There are MBAR approved plans for expansion to create a “San Ysidro Ranch'' style residence.

Last Agent to Sell the Property

Marsha Kotlyar

Berkshire Hathaway HomeServices California Properties License #01426886 Listed on: 01/25/2013

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Diana Boutin

Keller Williams Realty Montecito

Home Details

Home Type

  • Single Family

Lot Details

  • 0.53 Acre Lot
  • Cul-De-Sac
  • Dog Run
  • Fenced
  • Level Lot
  • Irrigation
  • Fruit Trees
  • Lawn
  • Property is in excellent condition

Home Design

  • Cottage
  • Raised Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,923 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Art Studio
  • Laundry Room
  • Property Views

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Maid or Guest Quarters
  • 3 Full Bathrooms

Parking

  • Attached Garage
  • Carport

Outdoor Features

  • Property is near an ocean
  • Covered Patio or Porch
  • Shed

Location

  • Property is near park, public transit, shops, and bus stop

Schools

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

Utilities

  • Forced Air Heating System
  • Sewer Stub Out

Listing and Financial Details

  • Assessor Parcel Number 009-211-027

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level, Cul-De-Sac, Near Public Transit
  • Subdivision Name: Other
  • Architectural Style: Cal Cottage
  • Carport Y N: Yes
  • Reso Flooring: Hardwood, Tile
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.53
  • NeighborhoodSchools Elementary School: Cold Spring
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • LocationTopo Level: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Style Cal Cottage: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Fireplace(s) LR: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Art Studio2: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Amenities Guest Quarters2: Yes
  • Proximity Near Bus: Yes
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • GroundsLandscaping Dog Run2: Yes
  • Other Buildings Shed: Yes
  • ParkingGarage Cpt #12: Yes
  • LocationTopo Cul-De-Sac2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Foundation Raised: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: LR
  • Total Bedrooms: 9

Exterior Features

  • Roof: Composition
  • View: Setting
  • Construction Type: Wood Siding
  • Acres: 0.53
  • Topography: Level
  • Exterior Features: Patio Open, Patio Covered, Dog Run, Lawn, Fruit Trees, Yard Irrigation PRT, Fenced: ALL
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #2, Cpt #1, 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 #: 009-211-027
  • Zoning: Other
  • Lot Size Sq Ft: 23086.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2021
Sold by
Patricia A Smith 2013 Family Trust and Precilio Frank Nicholas
Bought by
Tomson Shaun and Tomson Carla
Current Estimated Value
$3,474,050

Purchase Details

Listed on
Jan 25, 2013
Closed on
Mar 25, 2013
Sold by
Hurst Harrison Y and Hurst Anita M
Bought by
Smith Patricia A
Seller's Agent
Marsha Kotlyar
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Diana Boutin
Keller Williams Realty Montecito
List Price
$1,495,000
Sold Price
$1,450,000
Premium/Discount to List
-$45,000
-3.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.08%

Purchase Details

Closed on
Dec 7, 2011
Sold by
Luria Towbes Co
Bought by
Hurst Harrison Y and Hurst Anita M

Purchase Details

Closed on
Sep 22, 2011
Sold by
Macker John J and Macker Martha E
Bought by
Hurst Harrison Y and Hurst Anita M

Purchase Details

Closed on
Jan 14, 2009
Sold by
Macker John and Macker Martha E
Bought by
Macker John J and Macker Martha E

Purchase Details

Closed on
Nov 3, 1995
Sold by
Morehart Mitchell E
Bought by
Macker John and Macker Martha E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
7.58%

Purchase Details

Closed on
May 10, 1994
Sold by
Emc Mtg Corp
Bought by
Morehart Mitchell E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.25%

Purchase Details

Closed on
Jan 3, 1994
Sold by
Great Western Bank
Bought by
Emc Mtg Corp

Purchase Details

Closed on
Dec 22, 1993
Sold by
California Reconveyance Company
Bought by
Great Western Bank
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Tomson Shaun $2,100,000 First American Title
Smith Patricia A $1,450,000 First American Title Company
Hurst Harrison Y -- Accommodation
Hurst Harrison Y $1,060,000 First American Title Company
Macker John J -- None Available
Macker John -- Equity Title Company
Morehart Mitchell E $376,000 Gateway Title Company
Morehart Mitchell E $376,000 Fidelity National Title
Emc Mtg Corp $299,000 Fidelity National Title
Great Western Bank $268,952 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Macker John $344,000
Previous Owner Morehart Mitchell E $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2013 03/28/13 Sold $1,450,000 -3.0% $754 / Sq Ft
03/18/2013 03/18/13 Pending -- -- --
01/24/2013 01/24/13 For Sale $1,495,000 -- $777 / 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 $13,280 $1,127,064 $581,436 $545,628
2023 $13,065 $1,083,301 $558,859 $524,442
2022 $12,686 $1,062,060 $547,901 $514,159
2021 $22,938 $2,039,708 $1,445,987 $593,721
2020 $18,494 $1,632,670 $1,238,579 $394,091
2019 $18,176 $1,600,658 $1,214,294 $386,364
2018 $17,848 $1,569,274 $1,190,485 $378,789
2017 $17,470 $1,538,505 $1,167,143 $371,362
2016 $16,934 $1,508,339 $1,144,258 $364,081
2015 $16,560 $1,485,684 $1,127,071 $358,613
2014 -- $1,456,583 $1,104,994 $351,589
Source: Public Records

Agents Affiliated with this Home

  • Marsha Kotlyar

    Seller's Agent in 2013

    Marsha Kotlyar

    Berkshire Hathaway HomeServices California Properties

    (805) 565-4015

    35 in this area

    69 Total Sales

    Marsha Kotlyar
    Section Image

  • D

    Buyer's Agent in 2013

    Diana Boutin

    Keller Williams Realty Montecito

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 13-258

Santa Barbara Multiple Listing Service

APN: 009-211-027

California Santa Barbara County Santa Barbara 93108

116 Palm Tree Ln, Santa Barbara, CA

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Santa Barbara Multiple Listing Service This information is being provided for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that you may be interested in purchasing. Data relating to real estate for sale on this Website comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. All information is deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither the Santa Barbara Multiple Listing Service nor the listing broker(s) shall be responsible for any typographical errors, misinformation, or misprints.
Copyright 2025 Santa Barbara Multiple Listing Service. All rights reserved.

Nearby Homes