NOT LISTED FOR SALE

121 Summit Ln Santa Barbara, CA 93108

Eucalyptus Hill Neighborhood

Estimated Value: $4,483,000 - $5,546,000

4 Beds
2.5 Baths
2,911 Sq Ft
$1,743/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $3,225,000 $1,108 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $29,758/month

13 Days on Market

Highlights

  • Ocean View
  • Fruit Trees
  • Multiple Fireplaces
  • Santa Barbara Senior High School Rated A-
  • Deck
  • Direct Access Garage

About This Home

As of June 2018

This pristine single-level Montecito 4 bed/ 2.5 bath ocean/island view home is located on a quiet cul de sac and is situated on 1.03 acres. The open floor plan is perfect for entertaining. The remodeled kitchen is a dream. The master suite is luxurious and spacious. With an expansive deck, fruit trees and spectacular views, this home feels like a private oasis. Convenient to both Upper and Lower Villages.

Last Agent to Sell the Property

Dan Encell

Berkshire Hathaway HomeServices California Properties License #00976141 Listed on: 05/08/2018

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Laurel Abbott

Berkshire Hathaway HomeServices California Properties License #01247432

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979

Lot Details

  • 1.03

Parking

  • Direct Access Garage

Home Design

  • Tile Roof

Interior Spaces

  • 1-Story Property
  • Multiple Fireplaces
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Ocean Views

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Cleveland Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Additional Features

  • Deck
  • Fruit Trees
  • City Lot
  • Sewer Stub Out

Listing and Financial Details

  • Assessor Parcel Number 015-320-005

Home Details

Home Type

Single Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1979
  • Reso Property Sub Type: Home/Estate
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • Property Information Year Built2: 1979
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Cleveland
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Property Information Within City Limits: Yes
  • Construction Single Story2: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • Fireplace(s) LR: Yes
  • WaterSewer Sewer Hookup: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s):_two_3: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Deck3: Yes
  • ViewOcean: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, 2, LR

Exterior Features

  • Roof: Tile
  • View: Ocean
  • Exterior Features: Deck, Fruit Trees

Garage/Parking

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

Utilities

  • Water Source: SB Wtr

Schools

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

Lot Info

  • Parcel #: 015-320-005
  • Zoning: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2018
Closed on
Jun 12, 2018
Sold by
Rogers David and Rogers Marion Montgomery
Bought by
Faccin Ornella
Seller's Agent
Dan Encell
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Laurel Abbott
Berkshire Hathaway HomeServices California Properties
List Price
$3,450,000
Sold Price
$3,225,000
Premium/Discount to List
-$225,000
-6.52%
Current Estimated Value
$5,072,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,847,660
Avg. Annual Appreciation
6.22%

Purchase Details

Listed on
Jan 15, 2016
Closed on
Dec 10, 2015
Sold by
Kim Walter C and Kim Naomi
Bought by
Rogers David and Rogers Marion Montgomery
Seller's Agent
Calcagno & Hamilton
Village Properties - C & H
Buyer's Agent
Marilyn Moore
Village Properties
List Price
$2,695,000
Sold Price
$2,695,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%
Original Mortgage
$2,021,250
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 14, 2006
Sold by
Kim Walter C and Kim Naomi
Bought by
Kim Walter C and Kim Naomi
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Faccin Ornella $3,225,000 Chicago Title Co
Rogers David $2,695,000 Fidelity National Title Co
Kim Walter C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rogers David $2,021,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2018 06/29/18 Sold $3,225,000 -6.5% $1,108 / Sq Ft
05/21/2018 05/21/18 Pending -- -- --
05/08/2018 05/08/18 For Sale $3,450,000 +28.0% $1,185 / Sq Ft
01/15/2016 01/15/16 Sold $2,695,000 0.0% $926 / Sq Ft View Prior Sale
01/15/2016 01/15/16 Pending -- -- --
01/15/2016 01/15/16 For Sale $2,695,000 -- $926 / 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 $38,171 $3,669,495 $2,104,982 $1,564,513
2023 $38,171 $3,527,006 $2,023,244 $1,503,762
2022 $36,833 $3,457,850 $1,983,573 $1,474,277
2021 $35,989 $3,390,050 $1,944,680 $1,445,370
2020 $35,619 $3,355,290 $1,924,740 $1,430,550
2019 $34,997 $3,289,500 $1,887,000 $1,402,500
2018 $30,013 $2,803,878 $1,872,720 $931,158
2017 $29,022 $2,748,900 $1,836,000 $912,900
2016 $8,198 $774,294 $350,031 $424,263
2015 $7,987 $751,165 $344,774 $406,391
2014 $7,856 $736,452 $338,021 $398,431
Source: Public Records

Agents Affiliated with this Home

  • Dan Encell

    Seller's Agent in 2018

    Dan Encell

    Berkshire Hathaway HomeServices California Properties

    (805) 677-2013

    20 in this area

    113 Total Sales

    Dan Encell
    Section Image
  • Laurel Abbott

    Buyer's Agent in 2018

    Laurel Abbott

    Berkshire Hathaway HomeServices California Properties

    (805) 969-5026

    3 in this area

    28 Total Sales

    Laurel Abbott
    Section Image

  • C

    Seller's Agent in 2016

    Calcagno & Hamilton

    Village Properties - C & H

  • M

    Buyer's Agent in 2016

    Marilyn Moore

    Village Properties

    3 Total Sales

    Marilyn Moore
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 18-1630

Santa Barbara Multiple Listing Service

APN: 015-320-005

California Santa Barbara County Santa Barbara 93108 Eucalyptus Hill

121 Summit Ln, Santa Barbara, CA

Not Listed for Sale

Detached

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