NOT LISTED FOR SALE

Estimated Value: $7,220,000 - $12,849,958

5 Beds
5.5 Baths
5,853 Sq Ft
$1,630/Sq Ft Est. Value

Last Sold September 15, 2020

Last sale price $6,495,000 $1,110 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $57,767/month

5 Days on Market

Highlights

  • Ocean View
  • Outdoor Pool
  • 1.06 Acre Lot
  • Cold Spring Elementary School Rated A
  • Property is near an ocean
  • Fruit Trees

About This Home

As of September 2020

Sweeping ocean, island, and coastline views span the horizon of this stunning Jack Warner designed home located in the exclusive and highly sought after Pepper Hill neighborhood of Montecito.

The 5 bedroom, 5.5 bath home features high ceilings and spacious rooms opening to large view terraces that overlook a inviting pool and spa. There are multiple verandas designed for entertaining and casual gatherings.

The home offers a main level master suite with incredible ocean views, fireplace, dual closets, and a luxurious bathroom. The living room, dining room, kitchen , and large office all enjoy stunning ocean views.

Laundry rooms conveniently located both upstairs and downstairs, sports court, office, den and a built-in Tesla charger in the garage. The flexible floor plan offers many opportunities for enjoying the California lifestyle.

Last Agent to Sell the Property

Michael Calcagno

Berkshire Hathaway HomeServices California Properties License #01499736 / 01129919 Listed on: 08/10/2020

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Nancy Kogevinas

Berkshire Hathaway HomeServices California Properties License #01209514

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $73,423

Year Built

  • Built in 1969

Lot Details

  • 1.06 Acre Lot
  • Back Yard Fenced
  • Fruit Trees
  • Lawn
  • Property is in excellent condition

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • Direct Access Garage

Property Views

  • Ocean
  • Mountain

Home Design

  • Contemporary Architecture
  • Tile Roof
  • Wood Siding

Interior Spaces

  • 5,853 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Skylights
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Library
  • Game Room
  • Home Gym

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Parquet
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Monitored
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Pool
  • Property is near an ocean
  • Deck
  • Covered Patio or Porch

Location

  • Property is near a park
  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Forced Air Heating System
  • Sewer Stub Out
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Other
  • Assessor Parcel Number 009-021-034

Home Details

Home Type

Single Family

Est. Annual Taxes

$73,423

Year Built

Built in 1969

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Association Fee: $1000/yr
  • Prop. Type: Residential
  • Year Built: 1969
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoSecurityFeatures: Monitored, Security System, Fire Alarm
  • Architectural Style: Contemporary
  • Reso Flooring: Carpet, Hardwood, Marble, Parquet, Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1969
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.06
  • NeighborhoodSchools Elementary School: Cold Spring
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • FlrWdw Coverings Marble2: Yes
  • Property Information Main House SqFt: 5853.0
  • Construction Two Story2: Yes
  • ParkingGarage Gar #33: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Exercise Room2: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Amenities Wet Bar2: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Style:Contemporary2: Yes
  • FlrWdw Coverings Carpet: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Deck3: Yes
  • ViewOcean: Yes
  • GroundsLandscaping Fenced BCK: Yes
  • Security Fire Alarm2: Yes
  • Site Improvements Cable TV3: Yes
  • Pets Yes: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Rooms LbryStudy: Yes
  • FlrWdw Coverings Parquet2: Yes
  • Security Monitored2: Yes
  • Rooms Game Room3: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Dishwasher, Disposal, Dryer, Gas Stove, Microwave, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Primary Bedroom, Family Room, LR

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Ocean
  • Construction Type: Wood Siding
  • Acres: 1.06
  • Exclusions: Other
  • Exterior Features: Pool, Deck, Patio Open, Patio Covered, Lawn, Fruit Trees, Fenced: BCK
  • Foundation Details: Mixed

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #3, Interior Access, Attached, Other

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 #: 009-021-034
  • Zoning: Other
  • Lot Size Sq Ft: 46173.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2020
Closed on
Nov 13, 2020
Sold by
Luce Robin and Fahey Sean
Bought by
Luce Robin and Fahey Sean
Seller's Agent
Michael Calcagno
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Nancy Kogevinas
Berkshire Hathaway HomeServices California Properties
List Price
$6,495,000
Sold Price
$6,495,000
Current Estimated Value
$9,537,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,042,490
Avg. Annual Appreciation
8.00%
Original Mortgage
$4,000,000
Outstanding Balance
$3,506,085
Interest Rate
1.87%
Mortgage Type
New Conventional
Estimated Equity
$6,031,405

Purchase Details

Listed on
Aug 10, 2020
Closed on
Sep 1, 2020
Sold by
Botsford Steven C and Botsford Denise L
Bought by
Luce Robin and Fahey Sean
Seller's Agent
Michael Calcagno
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Nancy Kogevinas
Berkshire Hathaway HomeServices California Properties
List Price
$6,495,000
Sold Price
$6,495,000

Purchase Details

Closed on
Aug 12, 2009
Sold by
Kearns Tone A
Bought by
Botsford Steven C and Botsford Denise L

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
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2002
Sold by
Kearns Tone A
Bought by
Kearns Tone A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$986,000
Interest Rate
6.05%

Purchase Details

Closed on
Oct 8, 2002
Sold by
Kearns Tone A
Bought by
Kearns Tone A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$986,000
Interest Rate
6.05%

Purchase Details

Closed on
Jun 1, 1999
Sold by
Thiede James F Trstees
Bought by
Kearns Tone A

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
7.5%
Source: Public Records

Range of Values:

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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
Luce Robin -- Fidelity National Title Co
Luce Robin $6,495,000 Fidelity National Title Co
Botsford Steven C -- Chicago Title Company
Kearns Tone A -- Lawyers Title Company
Kearns Tone A -- Lawyers Title Company
Kearns Tone A -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luce Robin $4,000,000
Previous Owner Botsford Steven C $926,305
Previous Owner Botsford Steven C $987,000
Previous Owner Botsford Steven C $1,000,000
Previous Owner Kearns Tone A $967,000
Previous Owner Kearns Tone A $986,000
Previous Owner Kearns Tone A $999,900
Previous Owner Kearns Tone A $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2020 09/15/20 Sold $6,495,000 0.0% $1,110 / Sq Ft
08/15/2020 08/15/20 Pending -- -- --
08/10/2020 08/10/20 For Sale $6,495,000 -- $1,110 / 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 $73,423 $7,030,395 $2,706,080 $4,324,315
2023 $73,423 $6,757,398 $2,601,000 $4,156,398
2022 $70,834 $6,624,900 $2,550,000 $4,074,900
2021 $69,355 $6,495,000 $2,500,000 $3,995,000
2020 $45,111 $4,201,753 $2,360,587 $1,841,166
2019 $44,559 $4,119,366 $2,314,301 $1,805,065
2018 $43,716 $4,038,597 $2,268,923 $1,769,674
2017 $42,903 $3,959,410 $2,224,435 $1,734,975
2016 $41,609 $3,881,775 $2,180,819 $1,700,956
2014 $40,319 $3,748,574 $2,105,985 $1,642,589
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-3084

Santa Barbara Multiple Listing Service

APN: 009-021-034