NOT LISTED FOR SALE

1231 E Valley Rd Santa Barbara, CA 93108

Montecito Area

Estimated Value: $3,077,000 - $3,876,000

4 Beds
4.5 Baths
1,747 Sq Ft
$1,957/Sq Ft Est. Value

Sale Details

Date Sold: May 2, 2023

Last sale price $2,400,000 $1,374 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $20,292 / mo

165 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Great Room
  • Cold Spring Elementary School Rated A+
  • Wood Flooring
  • Lawn

About This Home

As of May 2023

Montecito New Construction - East Valley Road awaiting its first chapter. This beautifully crafted 4-bedroom, 4.5-bathroom turn-key home is sited on approximately 1⁄4 acre. Featuring a cavernous basement, Viking appliances, all ensuite bedrooms, a wrap-around deck, and a verdant, private backyard. This property offers a wonderful space for hosting and/or entertaining. Situated just minutes from both Montecito Villages, world-renowned beach resorts, country clubs, and everything that Montecito and Santa Barbara have to offer. Located in the acclaimed Cold Spring School attendance area.

Last Agent to Sell the Property

Steve Epstein

Keller Williams Realty Santa Barbara License #00994429 Listed on: 03/30/2023

Keller Williams Realty Santa Barbara

Co-Listed By

Santa Barbara | Montecito Real Estate Advisors

Keller Williams Realty Santa Barbara License #00994429

Last Buyer's Agent

Karina Padilla

Insites

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 Details

Home Type

  • Single Family

Year Built

  • Built in 2022

Lot Details

  • 10,890 Sq Ft Lot
  • Partially Fenced Property
  • Lawn
  • Property is in excellent condition
  • Property is zoned E-1

Home Design

  • Cape Cod Architecture
  • Raised Foundation

Interior Spaces

  • 1,747 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Dining Area
  • Wood Flooring
  • Property Views
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

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

Additional Features

  • Deck
  • Property is near schools and shops
  • Forced Air Heating System

Community Details

  • Restaurant

Listing and Financial Details

  • Assessor Parcel Number 009-030-007

Home Details

Home Type

Single Family

Year Built

Built in 2022

Lot Details

0.25 Acres

Listing Details

  • Prop. Type: Residential
  • Year Built: 2022
  • Reso Property Sub Type: Home/Estate
  • Co List Office Mls Id: kwrc3
  • Co List Office Phone: 805-456-3600
  • Architectural Style: Cape Cod
  • Reso Flooring: Wood
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2022
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.25
  • NeighborhoodSchools Elementary School: Cold Spring
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Construction Single Story2: Yes
  • GroundsLandscaping Lawn2: Yes
  • View Setting2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Dining Dining Area2: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • GroundsLandscaping Deck3: Yes
  • FlrWdw Coverings Wood2: Yes
  • Foundation Raised: Yes
  • Style Cape Cod2: Yes
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Other Rooms:Great Room: Yes
  • Bedrooms Basement: Yes

Exterior Features

  • View: Setting
  • Acres: 0.25
  • Exterior Features: Deck, Lawn, Fenced: PRT
  • Foundation Details: Raised

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Schools

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

Lot Info

  • Parcel #: 009-030-007
  • Zoning: E-1
  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2023
Closed on
Apr 25, 2023
Sold by
Karpeles Trust
Bought by
Seller's Agent
Steve Epstein
Keller Williams Realty Santa Barbara
Buyer's Agent
Karina Padilla
Insites
List Price
$2,699,000
Sold Price
$2,400,000
Premium/Discount to List
-$299,000
-11.08%
Views
198
Current Estimated Value
$3,278,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$878,238
Avg. Annual Appreciation
11.17%
Original Mortgage
$1,585,000
Outstanding Balance
$1,525,791
Interest Rate
6.6%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,892,916

Purchase Details

Closed on
Aug 24, 2021
Sold by
Karpeles David and Karpeles Marsha
Bought by
Karpeles David and Karpeles Marsha

Purchase Details

Closed on
May 23, 2019
Sold by
Bhambore Neelam Udghosh and Bhambore Udghosh Jaighosh
Bought by
Marsha Karpeias David and Marsha Karpeias

Purchase Details

Closed on
Mar 14, 2018
Sold by
Rangari Neelan Ashok and Bhambore Neelam Udghosh
Bought by
Bhambore Neelam Udghosh and Bhambore Udghosh Jaighosh

Purchase Details

Closed on
Jul 30, 2003
Sold by
Bhambore Udghosh Jaighosh
Bought by
Bhambore Udghosh Jaighosh and Rangari Neelam Ashok

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.17%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 24, 2003
Sold by
Bhambore Udghosh J
Bought by
Bhambore Udghosh J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.17%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 4, 2002
Sold by
Rangari Neelam Ashok
Bought by
Bhambore Udghosh J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.17%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 8, 1999
Sold by
Cregar Agnes B
Bought by
Bhambore Udghosh J

Purchase Details

Closed on
Feb 26, 1997
Sold by
Karpeles David and Karpeles Marsha
Bought by
Cregar Agnes B
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Santa Barbara, CA

  • Maurie McGuire Real Estate Agent - Sotheby's International Realty

    Maurie McGuire

    Sotheby's International Realty

    (805) 617-1644

    22 Total Sales

    5 in Montecito

    $3.5M - $8.5M Price Range

    Maurie McGuire
     Section Image
  • Susan Pate Real Estate Agent - Compass

    Susan Pate

    Compass

    (805) 617-1044

    10 Total Sales

    1 in Montecito

    $3,460,000 Price

    Susan Pate
     Section Image
  • Janice Laney Real Estate Agent - Keller Williams Santa Barbara

    Janice Laney

    Responds Quickly

    Keller Williams Santa Barbara

    (805) 865-7385

    31 Total Sales

    4 in Montecito

    $1.4M - $4.7M Price Range

    Janice Laney
     Section Image
  • Tiffany Dore Real Estate Agent - Village Properties

    Tiffany Dore

    Village Properties

    (805) 324-6641

    23 Total Sales

    2 in Montecito

    $8.9M - $25.1M Price Range

    Tiffany Dore
     Section Image
  • Colleen Beall Real Estate Agent - Compass

    Colleen Beall

    Compass

    (805) 243-1083

    31 Total Sales

    1 in Montecito

    $1,900,000 Price

    Colleen Beall
     Section Image
  • Tamra Van Order Real Estate Agent - Keller Williams Realty Santa Barbara

    Tamra Van Order

    Responds Quickly

    Keller Williams Realty Santa Barbara

    (805) 308-6428

    32 Total Sales

    1 in Montecito

    $5,400,000 Price

    Tamra Van Order
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,400,000 Fidelity National Title Compan
Karpeles David -- None Available
Marsha Karpeias David $400,000 Chicago Title Company
Bhambore Neelam Udghosh -- None Available
Bhambore Udghosh Jaighosh -- --
Bhambore Udghosh J -- Fidelity National Title Co
Bhambore Udghosh J -- Fidelity National Title Co
Bhambore Udghosh J $565,000 Chicago Title
Cregar Agnes B $429,000 Equity Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,585,000
Previous Owner Bhambore Udghosh Jaighosh $585,000
Previous Owner Bhambore Udghosh Jaighosh $550,000
Previous Owner Bhambore Udghosh J $480,000
Previous Owner Bhambore Udghosh J $480,000
Previous Owner Bhambore Udghosh J $57,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/02/2023 05/02/23 Sold $2,400,000 -11.1% $1,374 / Sq Ft
04/11/2023 04/11/23 Pending -- -- --
03/30/2023 03/30/23 For Sale $2,699,000 0.0% $1,545 / Sq Ft
02/16/2023 02/16/23 Pending -- -- --
01/23/2023 01/23/23 Price Changed $2,699,000 -6.9% $1,545 / Sq Ft
10/28/2022 10/28/22 For Sale $2,900,000 -- $1,660 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $27,501 $2,546,899 $1,061,208 $1,485,691
2025 $27,026 $2,496,960 $1,040,400 $1,456,560
2023 $27,026 $1,528,879 $478,879 $1,050,000
2022 $10,237 $970,470 $470,470 $500,000
2021 $4,394 $412,226 $412,226 $0
2020 $4,320 $408,000 $408,000 $0
2019 $4,332 $411,068 $411,068 $0
2018 $1,011 $92,994 $92,994 $0
2017 $9,431 $763,191 $607,856 $155,335
2016 $9,137 $748,228 $595,938 $152,290
2014 $8,726 $722,554 $575,489 $147,065
Source: Public Records

Agents Affiliated with this Home

  • Steve Epstein Real Estate Agent - Keller Williams Realty Santa Barbara

    Seller's Agent in 2023

    Steve Epstein

    Keller Williams Realty Santa Barbara

    (805) 689-9339

    126 Total Sales

    Steve Epstein
    Section Image

  • KP

    Buyer's Agent in 2023

    Karina Padilla

    Insites

  • Karina Matic Real Estate Agent - Berkshire Hathaway HomeServices California Properties

    Buyer's Agent in 2023

    Karina Matic

    Berkshire Hathaway HomeServices California Properties

    (805) 680-7701

    41 Total Sales

    Karina Matic
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 22-3565

Santa Barbara Multiple Listing Service

APN: 009-030-007

California Santa Barbara County Santa Barbara 93108

1231 E Valley Rd, Santa Barbara, CA

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