NOT LISTED FOR SALE

1255 E Mountain Dr Santa Barbara, CA 93108

Estimated Value: $7,029,924 - $7,883,000

3 Beds
2.5 Baths
3,606 Sq Ft
$2,071/Sq Ft Est. Value

Last Sold July 10, 2014

Last sale price $3,650,000 $1,012 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $42,881/month

268 Days on Market

Highlights

  • Ocean View
  • Outdoor Pool
  • Fireplace in Primary Bedroom
  • Santa Barbara Senior High School Rated A-
  • Fruit Trees
  • Contemporary Architecture

About This Home

As of July 2014

Iconic Montecito. Designed by James Morris. This one story classic home is a manageable size. Entrance gallery separates the public and private rooms. Gigantic Living room with circular sunroom opening to mature gardens and ocean views. High ceilings thru out, 3 f/p. Classic architecture in a Blue Chip location with both mountain and ocean views. Pool. Motor court for 12+ cars. Library with fireplace could be a 3rd bedroom

Last Agent to Sell the Property

Timothy Walsh

Village Properties License #00914713 Listed on: 12/19/2013

Last Buyer's Agent

Robert Lamborn

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1984

Lot Details

  • 0.81 Acre Lot
  • Level Lot
  • Irrigation
  • Fruit Trees
  • Wooded Lot
  • Property is in good condition
  • Property is zoned E-2

Parking

  • Attached Garage

Property Views

  • Ocean
  • Mountain

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 3,606 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Skylights
  • Multiple Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Library
  • Sun or Florida Room

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • 220 Volts In Laundry

Home Security

  • Monitored
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Pool
  • Patio

Location

  • Property is near shops

Schools

  • Mont Union Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Stub Out

Listing and Financial Details

  • Exclusions: Other
  • Assessor Parcel Number 011-260-002

Home Details

Home Type

Single Family

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Directions: Hot Springs towards Mountains, Left on East Mountain. 2nd driveway on left, home on left at top of the drive
  • Prop. Type: Residential
  • Year Built: 1984
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: 220V Elect, Gas Hookup, Laundry Room
  • ResoLotFeatures: Level
  • Road Frontage Type: Easement
  • ResoSecurityFeatures: Monitored, Security System, Smoke Detector(s)
  • Subdivision Name: Other
  • Architectural Style: Contemporary
  • Reso Flooring: Carpet, Hardwood, Stone
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1984
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.81
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Property Information Within City Limits: No
  • Construction Single Story2: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security Smoke Detector(s)2: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Cooling Central Air: Yes
  • Proximity Near Shopping2: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • FlrWdw Coverings Stone2: Yes
  • Condition Good2: Yes
  • Style:Contemporary2: Yes
  • GroundsLandscaping Wooded4: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • ViewOcean: Yes
  • Laundry:_two_20V Elect2: Yes
  • Laundry Gas Hookup2: Yes
  • Appliances Included OvenBltin: Yes
  • Pets Yes: Yes
  • Rooms LbryStudy: Yes
  • Security Monitored2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Oven/Bltin, Dishwasher, Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Primary Bedroom, Other, 2+, LR
  • Total Bedrooms: 8
  • Other Rooms:Sun Room2: Yes

Exterior Features

  • Roof: Flat
  • View: Mountain(s), Ocean, Setting
  • Construction Type: Stucco
  • Acres: 0.81
  • Topography: Level
  • Exclusions: Other
  • Exterior Features: Other, Pool, Patio Open, Fruit Trees, Wooded, Yard Irrigation PRT
  • Foundation Details: Other
  • ConstructionSiding:Roof Flat: Yes

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: Mont Wtr
  • Heating:Forced Air: Yes

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

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

Lot Info

  • Parcel #: 011-260-002
  • Zoning: E-2
  • Lot Size Sq Ft: 35283.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2013
Closed on
Jul 3, 2014
Sold by
Schlosser Nancy B
Bought by
East Mountain Land Company Llc
Seller's Agent
Timothy Walsh
Village Properties
Buyer's Agent
Robert Lamborn
Sotheby's International Realty
List Price
$4,450,000
Sold Price
$3,650,000
Premium/Discount to List
-$800,000
-17.98%
Current Estimated Value
$7,467,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,817,481
Avg. Annual Appreciation
6.42%

Purchase Details

Closed on
Jul 8, 2008
Sold by
Schlosser Nancy B
Bought by
Schlosser Nancy B

Purchase Details

Closed on
Jan 15, 2008
Sold by
Schlosser Nancy B
Bought by
Schlosser Nancy B and The Nancy B Schlosser Qualified Personal

Purchase Details

Closed on
May 17, 2007
Sold by
Schlosser Nancy B
Bought by
Schlosser Nancy B and The Nancy B Schlosser Qualified Personal

Purchase Details

Closed on
Jun 10, 2002
Sold by
Schlosser C William and Schlosser Nancy B
Bought by
Schlosser C William

Purchase Details

Closed on
Jun 17, 1996
Sold by
Schlosser C William
Bought by
Schlosser C William and Schlosser Nancy B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
East Mountain Land Company Llc $3,650,000 Fidelity National Title Co
Schlosser Nancy B -- None Available
Schlosser Nancy B -- None Available
Schlosser Nancy B -- None Available
Schlosser Nancy B -- None Available
Schlosser Nancy B -- None Available
Schlosser Nancy B -- None Available
Schlosser C William -- --
Schlosser C William -- --
Schlosser C William -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2014 07/10/14 Sold $3,650,000 -18.0% $1,012 / Sq Ft
05/09/2014 05/09/14 Pending -- -- --
08/14/2013 08/14/13 For Sale $4,450,000 -- $1,234 / 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 $45,996 $4,386,745 $2,824,344 $1,562,401
2023 $45,996 $4,216,404 $2,714,672 $1,501,732
2022 $44,420 $4,133,731 $2,661,444 $1,472,287
2021 $43,507 $4,052,678 $2,609,259 $1,443,419
2020 $43,086 $4,011,124 $2,582,505 $1,428,619
2019 $42,118 $3,932,475 $2,531,868 $1,400,607
2018 $41,321 $3,855,369 $2,482,224 $1,373,145
2017 $40,545 $3,779,774 $2,433,553 $1,346,221
2016 $39,314 $3,705,662 $2,385,837 $1,319,825
2015 $38,622 $3,650,000 $2,350,000 $1,300,000
2014 -- $1,795,104 $796,340 $998,764
Source: Public Records

Agents Affiliated with this Home

  • Timothy Walsh

    Seller's Agent in 2014

    Timothy Walsh

    Village Properties

    (805) 259-8808

    5 in this area

    24 Total Sales

    Timothy Walsh
    Section Image

  • R

    Buyer's Agent in 2014

    Robert Lamborn

    Sotheby's International Realty

  • M

    Buyer Co-Listing Agent in 2014

    Mary Kate Williamson

    Sotheby's International Realty

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 13-2624

Santa Barbara Multiple Listing Service

APN: 011-260-002

California Santa Barbara County Santa Barbara 93108

1255 E Mountain Dr, Santa Barbara, CA

Not Listed for Sale

Detached

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