NOT LISTED FOR SALE

Estimated Value: $2,950,119 - $3,338,000

3 Beds
2.5 Baths
2,430 Sq Ft
$1,291/Sq Ft Est. Value

Last Sold April 26, 2019

Last sale price $1,975,000 $813 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $18,409/month

49 Days on Market

Highlights

  • Ocean View
  • Spa
  • Fruit Trees
  • Santa Barbara Senior High School Rated A-
  • Updated Kitchen
  • Ranch Style House

About This Home

As of April 2019

Nestled in the Santa Barbara foothills, 1240 Santa Teresita Drive is a delightful SINGLE-level home with the most amazing views. As you travel up the driveway bordered by beautiful landscaping, the view of the ocean, islands, coastline, and city will take your breath away.
The attractive entryway, with stylish travertine tile floors that run through most of the home, leads you to a light-filled open, appealing space. The formal dining room is nicely sized-ideal for entertaining family and friends. French doors lead to one of the many sandstone patios that allow entertaining to spill outside in perfect Santa Barbara style.
The spacious kitchen has been remodeled with both quality and style, showcasing beautiful stained wood cabinetry, granite counter-tops, and Viking appliances. . In keeping with today's modern life-style, the kitchen opens to a large family room boasting custom built-ins and a casual dining space; this really is the hub of this home! The formal living room with welcoming stone fireplace and a stunning wall of display shelving, features another set of French doors leading to a sandstone patio complete with mesmerizing views. This is quintessential California living!
All three bedrooms are generously sized and all bathrooms are well appointed. The master bedroom boasts a lovely en suite bathroom plus ample closet space in addition to amazing views and an inviting patio. The addition of a private spa provides the ideal opportunity to relax and take in the view. With a beautifully landscaped .72 acre lot, some of the best views in Santa Barbara, and a whisper quiet location within minutes to shops and restaurants, this really is the paradise found!

Last Agent to Sell the Property

Angela Moloney

Berkshire Hathaway HomeServices California Properties License #01221588 Listed on: 02/06/2019

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Benjamin Morahan

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,901

Year Built

  • Built in 1961

Lot Details

  • 0.72 Acre Lot
  • Lot Has A Rolling Slope
  • Fruit Trees
  • Drought Tolerant Landscaping
  • Property is in excellent condition
  • Property is zoned A-1

Parking

  • Attached Garage

Property Views

  • Ocean
  • Harbor
  • Panoramic
  • City

Home Design

  • Ranch Style House
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,430 Sq Ft Home
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Security System
  • Laundry in Garage

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Pool

  • Spa

Location

  • Property is near schools
  • Property is near shops
  • City Lot

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater
  • Water Softener is Owned

Community Details

  • 15 San Roque/Above Foothill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 055-141-038

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,901

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Directions: North on Ontare Rd - above Foothill Rd, left on Santa Teresita, property is up a long driveway on your right hand side. The views are really AMAZING! Just 5 min from La Cumbre Plaza!
  • Prop. Type: Residential
  • Year Built: 1961
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: In Garage
  • ResoLotFeatures: Rolling Slope
  • ResoSecurityFeatures: Security System
  • Subdivision Name: 15 - San Roque/Above Foothill
  • Architectural Style: Ranch
  • Reso Flooring: Carpet, Tile
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1961
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.72
  • NeighborhoodSchools Elementary School: Peabody
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Panoramic2: Yes
  • LocationTopo Rolly2: Yes
  • Property Information Within City Limits: Yes
  • Condition Excellent: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Drought Tolerant LND2: Yes
  • View Setting2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Gas Stove3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • Property Information Main House SqFt: 2430.0
  • Proximity Near Shopping2: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Property Information Apx Lot SqFt: 31363.0
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Hot Tub2: Yes
  • ViewOcean: Yes
  • Laundry In Garage2: Yes
  • Appliances Included Wtr SoftenerOwned: Yes
  • View Harbor2: Yes
  • View City4: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Tankless Water Heater, Dishwasher, Gas Stove, Wtr Softener/Owned
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: LR
  • Appliances Included:Tankless Water Heater: Yes

Exterior Features

  • Roof: Composition
  • View: Ocean, City, Setting, Harbor, Panoramic
  • Construction Type: Stucco
  • Acres: 0.72
  • Topography: Rolly
  • Exterior Features: Hot Tub, Fruit Trees, Drought Tolerant LND
  • Foundation Details: Slab

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: SB Wtr
  • Heating:Forced Air: Yes

Schools

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

Lot Info

  • Parcel #: 055-141-038
  • Zoning: A-1
  • Lot Size Sq Ft: 31363.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2019
Closed on
Apr 16, 2019
Sold by
Byers Hugh Randolph and Alvares Danielle Levi
Bought by
Wilkinson Martinis John Matthew and Wilkinson Martinis Jean Mary
Seller's Agent
Angela Moloney
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Benjamin Morahan
Coldwell Banker Realty
List Price
$2,200,000
Sold Price
$1,975,000
Premium/Discount to List
-$225,000
-10.23%
Current Estimated Value
$3,137,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,162,030
Avg. Annual Appreciation
7.37%

Purchase Details

Closed on
Oct 21, 2010
Sold by
Byers Hugh and Alvares Danielle Levi
Bought by
Byers Hugh Randolph and Alvares Danielle Levi

Purchase Details

Closed on
Oct 6, 2010
Sold by
Byers Hugh Randolph and Alvares Danielle Levi
Bought by
Byers Hugh and Alvares Danielle Levi

Purchase Details

Closed on
Nov 19, 2009
Sold by
Brock Linda
Bought by
Byers Hugh Randolph and Alvares Danielle Levi

Purchase Details

Closed on
Jun 26, 2007
Sold by
Nelson Linda Brock
Bought by
Brock Linda

Purchase Details

Closed on
Sep 21, 2005
Sold by
L B N & Associates Llc
Bought by
Nelson Linda Brock

Purchase Details

Closed on
Aug 19, 2005
Sold by
Hoffman Ruth
Bought by
L B N Associates Llc
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
Wilkinson Martinis John Matthew $1,975,000 First American Title Company
Byers Hugh Randolph -- None Available
Byers Hugh -- None Available
Byers Hugh Randolph $1,330,000 First American Title Company
Brock Linda -- First American Title
Nelson Linda Brock -- First American Title Company
L B N Associates Llc -- First American Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2019 04/26/19 Sold $1,975,000 -10.2% $813 / Sq Ft
03/27/2019 03/27/19 Pending -- -- --
02/06/2019 02/06/19 For Sale $2,200,000 -- $905 / 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 $22,901 $2,203,146 $1,115,517 $1,087,629
2023 $22,901 $2,117,597 $1,072,201 $1,045,396
2022 $22,093 $2,076,077 $1,051,178 $1,024,899
2021 $21,584 $2,035,370 $1,030,567 $1,004,803
2020 $21,360 $2,014,500 $1,020,000 $994,500
2019 $16,365 $1,539,004 $838,932 $700,072
2018 $16,130 $1,508,829 $822,483 $686,346
2017 $15,596 $1,479,245 $806,356 $672,889
2016 $15,231 $1,450,242 $790,546 $659,696
2014 $14,814 $1,400,478 $763,419 $637,059
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-392

Santa Barbara Multiple Listing Service

APN: 055-141-038