NOT LISTED FOR SALE

1254 E Valley Rd Montecito, CA 93108

Montecito Area

Estimated Value: $1,812,000 - $6,291,000

0.67 Acre
$5,163,682 Price per Acre
29,185 Sq Ft Lot

Sale Details

Date Sold: August 31, 2020

Last sale price $518,000

Est. 568% increase in value since last sale

Current estimated payment $20,058 / mo

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

  • 29,185 Sq Ft 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

0.67 Acres

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

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
Jan 7, 2020
Closed on
Aug 20, 2020
Sold by
Bought by
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
$3,459,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,941,667
Avg. Annual Appreciation
38.20%
Original Mortgage
$362,600
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2007
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

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
$518,000 Chicago Title Company
-- First American 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 $452,000
Closed $362,600
Previous Owner $500,000
Previous Owner $1,000,000
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
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

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 $20,368 $1,779,520 $565,720 $1,213,800
2025 $20,368 $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

    71 Total Sales

    Brian Goldsworthy
    Section Image
  • Pippa Davis

    Seller Co-Listing Agent in 2020

    Pippa Davis

    Compass

    (805) 886-0174

    70 Total Sales

    Pippa Davis
    Section Image
  • Terence Alemann

    Buyer's Agent in 2020

    Terence Alemann

    Alemann and Associates

    (805) 637-3378

    118 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

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