NOT LISTED FOR SALE

1177 Summit Rd Santa Barbara, CA 93108

Estimated Value: $4,776,697 - $6,128,000

3 Beds
2.5 Baths
2,283 Sq Ft
$2,349/Sq Ft Est. Value

Last Sold September 17, 2020

Last sale price $3,170,000 $1,389 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $32,180/month

16 Days on Market

Highlights

  • Guest House
  • Property is near an ocean
  • Fruit Trees
  • Santa Barbara Senior High School Rated A-
  • Updated Kitchen
  • Mountain View

About This Home

As of September 2020

Have it all with this turnkey cottage situated on a quiet lane just a brief stroll from the heart of Coast Village Road, the Farmers Market and Butterfly Beach. Special features include vaulted wood beamed ceilings, large light filled living and dining rooms, wood plank floors throughout and a charming detached cottage. The main house consists of 3 bedrooms, 2 & 1/2 baths, an office, a Yoga tower and a separate reading or TV area. Prepare meals in the chef's kitchen with top of the line appliances, stone counters & center island. Enjoy two story picture windows leading to the lush "Cottage Boarder Gardens" with flowering canopies of trees, creating magical spaces for relaxing and peaceful outdoor dining. The home is approximately 2,300 square feet (not including the separate cottage) on approximately .21 acres. Situated in the highly desirable Montecito Union school district.

Last Agent to Sell the Property

Sally Hanseth

Coldwell Banker Realty Listed on: 07/30/2020

Last Buyer's Agent

Sheela Hunt

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,264

Year Built

  • Built in 2000

Lot Details

  • 9,148 Sq Ft Lot
  • Fenced
  • Level Lot
  • Fruit Trees
  • Lawn
  • Property is in excellent condition

Parking

  • Open Parking

Home Design

  • Cottage
  • Raised Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,283 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Loft
  • Wood Flooring
  • Mountain Views

Kitchen

  • Updated Kitchen
  • Built-In Oven
  • Built-In Range
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Remodeled Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Property is near an ocean
  • Patio
  • Separate Outdoor Workshop

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Schools

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

Additional Features

  • Guest House
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 009-162-034

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,264

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Directions: Coast Village Road to Middle Road then to Summit Road.
  • Prop. Type: Residential
  • Year Built: 2000
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level, Near Public Transit
  • Architectural Style: Cal Cottage
  • Reso Flooring: Hardwood
  • Unit Levels: Two, Outside Stairs
  • New Construction: No
  • Reso Other Structures: Work Shop
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2000
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.21
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Style Cal Cottage: Yes
  • Roof:Composition: Yes
  • Exterior Wood Siding: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Office3: Yes
  • Amenities Guest House2: Yes
  • Property Information Apx Lot SqFt: 9.15
  • Proximity Near Bus: Yes
  • Other Buildings Work Shop2: Yes
  • Pets Yes: Yes
  • Foundation Raised: Yes
  • Rooms Loft2: Yes
  • ParkingGarage Unc #22: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Trash Compactor, Refrigerator, Oven/Rnge/Blt-In, Dishwasher, Disposal, Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: LR
  • Total Bedrooms: 10
  • Appliances Included:Trash Compactor2: Yes

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Setting
  • Construction Type: Wood Siding
  • Acres: 0.21
  • Topography: Level
  • Exterior Features: Patio Open, Lawn, Fruit Trees, Fenced: ALL
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Unc #2

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

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

Lot Info

  • Parcel #: 009-162-034
  • Zoning: R-1
  • Lot Size Sq Ft: 9.15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2020
Closed on
Sep 3, 2020
Sold by
Smith Connie J and The Smith Nevins Family Trust
Bought by
Mcllwee John W and The Carney Trust
Seller's Agent
Sally Hanseth
Coldwell Banker Realty
Buyer's Agent
Sheela Hunt
Berkshire Hathaway HomeServices California Properties
List Price
$3,250,000
Sold Price
$3,170,000
Premium/Discount to List
-$80,000
-2.46%
Current Estimated Value
$5,361,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,191,674
Avg. Annual Appreciation
11.23%
Original Mortgage
$2,219,000
Outstanding Balance
$1,975,661
Interest Rate
2.83%
Mortgage Type
New Conventional
Estimated Equity
$3,386,013

Purchase Details

Closed on
Dec 2, 2004
Sold by
Smith Connie J
Bought by
Smith Connie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 2004
Sold by
Smith Connie J
Bought by
Smith Connie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 2004
Sold by
Smith Connie J
Bought by
Smith Connie J

Purchase Details

Closed on
Feb 1, 2000
Sold by
Becker Darrell and Becker Sally
Bought by
Smith Connie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
7.87%

Purchase Details

Closed on
Dec 22, 1999
Sold by
Feld Myron X Fam Revoc Tr 8-30-86 and Feld Dabravanel Kore
Bought by
Smith Connie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
7.87%

Purchase Details

Closed on
Dec 8, 1999
Sold by
Nevins Henry M
Bought by
Smith Connie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
7.87%
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
Mcllwee John W $3,170,000 Chicago Title Company
Smith Connie J -- Alliance Title Company
Smith Connie J -- Alliance Title Company
Smith Connie J -- --
Smith Connie J -- Equity Title Company
Smith Connie J $1,200,000 Equity Title Company
Smith Connie J -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carney Trust $990,000
Open Mcllwee John W $2,219,000
Previous Owner Smith Connie J $671,000
Previous Owner Smith Connie J $717,000
Previous Owner Smith Connie J $719,300
Previous Owner Smith Connie J $725,000
Previous Owner Smith Connie J $729,750
Previous Owner Smith Connie J $775,000
Previous Owner Smith Connie J $775,000
Previous Owner Smith Connie J $840,000
Previous Owner Dabramavel Kore Feld $0
Closed Smith Connie J $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2020 09/17/20 Sold $3,170,000 -2.5% $1,389 / Sq Ft
08/15/2020 08/15/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $3,250,000 -- $1,424 / 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 $36,264 $3,431,307 $1,298,917 $2,132,390
2023 $36,264 $3,298,068 $1,248,480 $2,049,588
2022 $34,999 $3,233,400 $1,224,000 $2,009,400
2021 $34,284 $3,170,000 $1,200,000 $1,970,000
2020 $18,984 $1,686,441 $983,758 $702,683
2019 $18,605 $1,653,374 $964,469 $688,905
2018 $18,269 $1,620,956 $945,558 $675,398
2017 $17,884 $1,589,173 $927,018 $662,155
2016 $17,334 $1,558,014 $908,842 $649,172
2014 $16,671 $1,504,552 $877,656 $626,896
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-2900

Santa Barbara Multiple Listing Service

APN: 009-162-034