NOT LISTED FOR SALE

126 Loureyro Rd Santa Barbara, CA 93108

Estimated Value: $3,544,000 - $4,773,000

6 Beds
5 Baths
3,262 Sq Ft
$1,294/Sq Ft Est. Value

Last Sold April 23, 2024

Last sale price $4,000,000 $1,226 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $26,713/month

299 Days on Market

Highlights

  • Above Ground Spa
  • Gated Parking
  • No HOA
  • Santa Barbara Senior High School Rated A-
  • Family Room with Fireplace
  • Courtyard Views

About This Home

As of April 2024

Multiple rental units, overflowing w vintage charm, this Montecito property combines style & versatility in an ideal coastal location. Echoing the San Ysidro Ranch, the board & batten cluster of cottages was recently remodeled & is currently used as a short-term rental w great income & also offers an ideal setting for a family compound. Located in the Coastal Zone, the fully-fenced & gated property is permitted as a Single-Family Residence w a GH&ADU & includes one 2-bd cottage, one 1-bd cottage & 3 studio spaces w kitchens. Renovated w updated bathrooms, kitchens & landscaping, all just moments to the Beach & Lower Village. Stylish, light-filled spaces punctuated by gravel paths, hot tubs & sunny courtyards, Fern Grove is a timeless & inviting Montecito destination.

Last Agent to Sell the Property

Nancy Kogevinas

Berkshire Hathaway HomeServices California Properties License #01209514 Listed on: 05/31/2023

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,638

Year Built

  • Built in 1920

Lot Details

  • 0.35

Parking

  • Gated Parking

Home Design

  • Cottage

Interior Spaces

  • 3,262 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Courtyard Views
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Additional Features

  • Above Ground Spa
  • 0.35 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 007-350-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,638

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cottage
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 3262
  • Lot Acreage: 0.3500
  • Year Built: 1920
  • Number Of Photos: 41
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Family Room
  • Flooring: Mixed
  • Bedrooms: 6
  • Full Bathroom: 5
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 5.00
  • Den: 0
  • Price Per S Q F T: 1531.27

Exterior Features

  • Other Structures: Other
  • Pool: No
  • Spa: Above Ground
  • Spa Yn: Yes
  • View: Tree Top, Courtyard
  • View: Yes

Garage/Parking

  • Parking Garage: Gated, Garage - None

Utilities

  • Sewer: In Connected and Paid

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 007-350-011
  • Lot Size Area: 15246

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2023
Closed on
Apr 2, 2024
Sold by
126 Loureyro St Llc
Bought by
Donohue Ivan and Hilliard April
Seller's Agent
Nancy Kogevinas
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$4,995,000
Sold Price
$4,000,000
Premium/Discount to List
-$995,000
-19.92%
Views
83
Current Estimated Value
$4,219,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,899
Avg. Annual Appreciation
4.14%
Original Mortgage
$3,000,000
Outstanding Balance
$2,963,371
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$1,256,528

Purchase Details

Closed on
Jul 22, 2023
Sold by
126 Loureyro St Llc
Bought by
Balbes Xorin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2023
Sold by
Balbes Xorin
Bought by
126 Loureyro St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.14%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 31, 2022
Closed on
Aug 5, 2022
Sold by
Truman Davies
Bought by
Balbes Xorin
Seller's Agent
Terence Alemann
Alemann and Associates
Buyer's Agent
Nancy Kogevinas
Berkshire Hathaway HomeServices California Properties
List Price
$3,495,000
Sold Price
$3,950,165
Premium/Discount to List
$455,165
13.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.16%
Original Mortgage
$2,981,250
Interest Rate
5.09%
Mortgage Type
Construction

Purchase Details

Listed on
May 31, 2022
Closed on
Jul 5, 2022
Sold by
Lorene Cleary Trust
Bought by
126 Loureyro St Llc
Seller's Agent
Terence Alemann
Alemann and Associates
Buyer's Agent
Nancy Kogevinas
Berkshire Hathaway HomeServices California Properties
List Price
$3,495,000
Sold Price
$3,950,165
Premium/Discount to List
$455,165
13.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,981,250
Interest Rate
5.09%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 11, 2021
Sold by
Cleary Lorene
Bought by
Cleary Lorene Ann

Purchase Details

Closed on
Sep 8, 2020
Sold by
Cleary Lorene
Bought by
Cleary Zoe Melissa

Purchase Details

Closed on
Aug 9, 2019
Sold by
Cleary Zoe Melissa
Bought by
Cleary Lorene

Purchase Details

Closed on
Dec 1, 2014
Sold by
Cleary Lorene
Bought by
Cleary Lorene and Cleary Zoe Melissa

Purchase Details

Closed on
Jan 28, 2004
Sold by
Cleary Lorene
Bought by
Cleary Lorene and Comperatore Ryan

Purchase Details

Closed on
Dec 12, 2001
Sold by
Paudler Gary M
Bought by
Cleary Lorene

Purchase Details

Closed on
Apr 1, 1998
Sold by
Stantial Thomas D
Bought by
Cleary Lorene
Source: Public Records

Range of Values:

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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
Donohue Ivan $4,000,000 Chicago Title Company
Balbes Xorin -- Wfg National Title
126 Loureyro St Llc -- Wfg National Title
Balbes Xorin -- Wfg National Title
Balbes Xorin -- Wfg National Title
126 Loureyro St Llc -- California Best Title
Balbes Xorin -- Wfg National Title
Balbes Xorin -- Wfg National Title
126 Loureyro St Llc $3,950,500 Chicago Title
Cleary Lorene Ann -- None Available
Cleary Zoe Melissa -- None Available
Cleary Lorene -- None Available
Cleary Lorene -- None Available
Cleary Lorene -- --
Cleary Lorene $575,000 Fidelity National Title Co
Cleary Lorene -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donohue Ivan $3,000,000
Previous Owner Balbes Xorin $3,000,000
Previous Owner 126 Loureyro St Llc $500,000
Previous Owner 126 Loureyro St Llc $2,981,250
Previous Owner Cleary Lorene $1,323,750
Previous Owner Cleary Lorene $1,250,000
Previous Owner Cleary Lorene $200,000
Previous Owner Cleary Lorene A $970,000
Previous Owner Cleary Lorene $770,000
Previous Owner Cleary Lorene $160,000
Previous Owner Cleary Lorene $585,000
Previous Owner Cleary Lorene $35,000
Previous Owner Cleary Lorene $420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2024 04/23/24 Sold $4,000,000 -19.9% $1,226 / Sq Ft
03/25/2024 03/25/24 Pending -- -- --
11/02/2023 11/02/23 For Sale $4,995,000 +24.9% $1,531 / Sq Ft
06/02/2023 06/02/23 Off Market $4,000,000 -- --
05/31/2023 05/31/23 For Sale $4,995,000 +26.5% $1,531 / Sq Ft
07/18/2022 07/18/22 Sold $3,950,165 0.0% $6,211 / Sq Ft
07/18/2022 07/18/22 Sold $3,950,165 0.0% $6,211 / Sq Ft
07/18/2022 07/18/22 Off Market $3,950,165 -- --
07/18/2022 07/18/22 Off Market $3,950,165 -- --
06/07/2022 06/07/22 Pending -- -- --
06/07/2022 06/07/22 Pending -- -- --
05/31/2022 05/31/22 For Sale $3,495,000 0.0% $5,495 / Sq Ft
05/31/2022 05/31/22 For Sale $3,495,000 0.0% $5,495 / Sq Ft
11/20/2015 11/20/15 Rented -- -- --
11/20/2015 11/20/15 For Rent $3,500 -- --
Source: The MLS

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 $44,638 $4,080,000 $2,040,000 $2,040,000
2023 $44,638 $3,960,165 $1,900,000 $2,060,165
2022 $11,283 $800,128 $376,158 $423,970
2021 $11,001 $774,440 $368,783 $405,657
2020 $9,455 $766,500 $365,002 $401,498
2019 $9,232 $751,472 $357,846 $393,626
2018 $9,079 $736,738 $350,830 $385,908
2017 $8,848 $722,293 $343,951 $378,342
2016 $8,569 $708,131 $337,207 $370,924
2014 $8,157 $683,833 $325,636 $358,197
Source: Public Records

Agents Affiliated with this Home

  • Nancy Kogevinas

    Seller's Agent in 2024

    Nancy Kogevinas

    Berkshire Hathaway HomeServices California Properties

    (805) 450-6233

    123 in this area

    243 Total Sales

    Section Image

  • S

    Buyer's Agent in 2024

    Subscriber Non

    Non-Participant Office

  • Terence Alemann

    Seller's Agent in 2022

    Terence Alemann

    Alemann and Associates

    (805) 637-3378

    7 in this area

    115 Total Sales

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Map

Source: The MLS

MLS Number: 23-275811

The MLS

APN: 007-350-011

California Santa Barbara County Santa Barbara 93108

126 Loureyro Rd, Santa Barbara, CA

This home is located at 126 Loureyro Rd, Santa Barbara, CA 93108 since 31 May 2023 and is currently estimated at $4,219,899, approximately $1,293 per square foot. This property was built in 1920. 126 Loureyro Rd is a home located in Santa Barbara County with nearby schools including Santa Barbara Junior High School, Santa Barbara Senior High School, and Adelante Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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