NOT LISTED FOR SALE

1254 E Valley Rd Montecito, CA 93108

Estimated Value: $1,760,000 - $6,156,000

0.67 Acre
$5,899,004 Price per Acre
29,185 Sq Ft Lot

Last Sold August 31, 2020

Last sale price $518,000

Est. 663% increase in value since last sale

Current estimated payment $21,654/month

140 Days on Market

Highlights

  • Property is near park, public transit, schools, shops, and bus stop
  • Views
  • Level Lot
  • Cold Spring Elementary School Rated A+

About This Lot

As of August 2020

Strategically located between Montecito's Upper and Lower Villages, this debris flow lot has plans for renovation. The single level Nantucket-style cottage is designed for dual living and is located in Cold Springs School District.

Last Agent to Sell the Property

Brian Goldsworthy

Compass License #01432570 Listed on: 01/07/2020

Compass

Co-Listed By

Pippa Davis

Compass License #01419280

Last Buyer's Agent

Terence Alemann

Alemann and Associates License #01925020

Property Details

Property Type

  • Land

Lot Details

  • 0.67 Acre Lot
  • Level Lot

Schools

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

Additional Features

  • Property is near park, public transit, schools, shops, and bus stop
  • Sewer Stub Out
  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 011-120-021

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Directions: East Valley Road to Para Grande. First lot on the left.
  • Prop. Type: Land
  • Reso Property Sub Type: Residential/SFR
  • ResoLotFeatures: Level, Near Public Transit
  • Co List Office Mls Id: COMPCA4
  • Co List Office Phone: 805-253-7700
  • Subdivision Name: Other
  • Property Information Apx # Acres: 0.67
  • NeighborhoodSchools Elementary School: Cold Spring
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • LocationTopo Level: Yes
  • Site Improvements Util At Site: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • WaterSewer Sewer Hookup: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Near Bus: Yes
  • View Setting3: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Setting
  • Acres: 0.67
  • Topography: Level

Utilities

  • Water Source: Mont Wtr

Schools

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

Lot Info

  • Parcel #: 011-120-021
  • Zoning: R-1
  • Lot Size Sq Ft: 29185.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2020
Closed on
Aug 20, 2020
Sold by
G M Hock Llc
Bought by
Rowbottam Stephen D
Seller's Agent
Brian Goldsworthy
Compass
Buyer's Agent
Terence Alemann
Alemann and Associates
List Price
$650,000
Sold Price
$518,000
Premium/Discount to List
-$132,000
-20.31%
Current Estimated Value
$3,952,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,434,333
Avg. Annual Appreciation
44.99%
Original Mortgage
$362,600
Outstanding Balance
$321,052
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$3,631,281

Purchase Details

Closed on
Aug 9, 2007
Sold by
Jevne Jack
Bought by
G M Hock Llc
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
Rowbottam Stephen D $518,000 Chicago Title Company
G M Hock Llc -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rowbottam Stephen D $362,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2020 08/31/20 Sold $518,000 -20.3% --
05/25/2020 05/25/20 Pending -- -- --
01/06/2020 01/06/20 For Sale $650,000 -- --
Source: Santa Barbara Multiple Listing Service

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 $13,568 $1,734,628 $554,628 $1,180,000
2023 $13,568 $935,034 $535,034 $400,000
2022 $9,767 $708,360 $578,360 $130,000
2021 $5,582 $518,000 $518,000 $0
2020 $4,931 $459,000 $459,000 $0
2019 $4,741 $1,318,791 $1,318,791 $0
2018 $2,570 $242,423 $242,423 $0
2017 $23,167 $2,076,022 $1,584,480 $491,542
2016 $22,463 $2,035,316 $1,553,412 $481,904
2014 $21,690 $1,965,475 $1,500,107 $465,368
Source: Public Records

Agents Affiliated with this Home

  • Brian Goldsworthy

    Seller's Agent in 2020

    Brian Goldsworthy

    Compass

    (805) 570-1289

    8 in this area

    74 Total Sales

    Brian Goldsworthy
    Section Image
  • Pippa Davis

    Seller Co-Listing Agent in 2020

    Pippa Davis

    Compass

    (805) 886-0174

    9 in this area

    76 Total Sales

    Pippa Davis
    Section Image
  • Terence Alemann

    Buyer's Agent in 2020

    Terence Alemann

    Alemann and Associates

    (805) 637-3378

    7 in this area

    116 Total Sales

    Terence Alemann
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-47

Santa Barbara Multiple Listing Service

APN: 011-120-021

California Santa Barbara County Montecito 93108

1254 E Valley Rd, Montecito, CA

Not Listed for Sale

Lots

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