NOT LISTED FOR SALE

1261 Ladan Dr Solvang, CA 93463

Estimated Value: $3,409,283 - $4,287,000

4 Beds
4 Baths
3,901 Sq Ft
$1,022/Sq Ft Est. Value

Last Sold October 12, 2023

Last sale price $3,807,230 $976 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $25,019/month

26 Days on Market

Highlights

  • Outdoor Pool
  • Peek-A-Boo Views
  • Maid or Guest Quarters
  • Ballard Elementary School Rated A
  • 4.79 Acre Lot
  • Fireplace in Primary Bedroom

About This Home

As of October 2023

Beautifully remodeled Luxury Living in Regency Hills, one of the favorite areas of the Santa Ynez Valley. Designed with entertaining in mind, this spacious floorplan provides for privacy at each end of the home, brought together with centralized Gathering spaces, custom designed Chef's kitchen, spacious formal dining area, firelit living room plus grand media/game room both with sliding walls of glass doors that open to the Trellised outdoor dining area adorned with strings of lights. Two terrific outdoor kitchen areas, pool/spa, lawns, pathways amid trees and gardens, large pasture for your small herd or consider planting a boutique vineyard or orchard. Primary bedroom suite invites you to relax fireside, includes a separate office, a walk-in closet with lots of room for all those new jeans and Cowboy boots, and a tranquil bath with soaking tub. Four bedrooms, 3.5 baths in the main house with 2-car attached garage, plus charming detached guest house of 1 bedroom, 1 bath with it's own 2-car garage. Circular drive, mature landscaping, lovely views, and located within the Ballard School District.

Last Agent to Sell the Property

Laura Drammer

Berkshire Hathaway HomeServices California Properties License #01209580 Listed on: 07/12/2023

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Patty Murphy

Pitts & Bachmann Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,125

Year Built

  • Built in 2001

Lot Details

  • 4.79 Acre Lot
  • Level Lot
  • Property is in good condition

Parking

  • 4 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 3,901 Sq Ft Home
  • 1-Story Property
  • Multiple Fireplaces
  • Blinds
  • Family Room with Fireplace
  • Formal Dining Room
  • Peek-A-Boo Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Maid or Guest Quarters
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heating Available
  • Septic System

Community Details

  • Property has a Home Owners Association
  • Association fees include comm area maint
  • Regency Hills Community

Listing and Financial Details

  • Assessor Parcel Number 137-610-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,125

Year Built

Built in 2001

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential
  • Year Built: 2001
  • ResoWindowFeatures: Blinds
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level
  • Reso Association Amenities: Other
  • Reso Association Fee Includes: Comm Area Maint
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 2001
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 4.79
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Construction Single Story2: Yes
  • Foundation:Slab: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Pool: Yes
  • Rooms Family Room4: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • FlrWdw Coverings Blinds: Yes
  • Cooling Central Air: Yes
  • Dining Formal2: Yes
  • Amenities Guest Quarters2: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Condition Good2: Yes
  • Fireplace(s):_two_3: Yes
  • WaterSewer Septic In: Yes
  • Location Info Development Name: Regency Hills
  • Roof:Tile2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • View PartialFiltered2: Yes
  • ParkingGarage:Total _pound_ Garage Spaces: 4.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Dishwasher, Dryer, Microwave, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Primary Bedroom, Family Room, 2

Exterior Features

  • Roof: Tile
  • View: Partial/Filtered
  • Acres: 4.79
  • Topography: Level
  • Exterior Features: Pool, Patio Covered
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: Attached

Utilities

  • Cooling: Central Air
  • Heating: Other
  • Cooling Y N: Yes
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association: Yes

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 137-610-016
  • Zoning: Other
  • Lot Size Sq Ft: 208652.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2023
Closed on
Sep 18, 2023
Sold by
Alex H Pappas Trust
Bought by
Kalomas Anthony K and Kalomas Alice
Seller's Agent
Laura Drammer
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Patty Murphy
Pitts & Bachmann Realtors
List Price
$3,950,000
Sold Price
$3,807,230
Premium/Discount to List
-$142,770
-3.61%
Views
62
Current Estimated Value
$3,985,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,591
Avg. Annual Appreciation
2.45%
Original Mortgage
$1,500,000
Outstanding Balance
$1,472,189
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$2,513,023

Purchase Details

Closed on
Oct 14, 2021
Sold by
Pappas Alex H
Bought by
Pappas Alex H and The Alex H Pappas Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2007
Sold by
Lanier Charles D and Lanier Colleen A
Bought by
Pappas Alex H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,656,000
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 1, 2002
Sold by
Lanier Charles and Lanier Colleen A
Bought by
Lanier Charles D and Lanier Colleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.78%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 21, 1998
Sold by
Alpine Insurance Company
Bought by
Cragg Curtis K and Cragg Kathleen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.01%

Purchase Details

Closed on
Jul 28, 1997
Sold by
Transco Syndicate 1 Ltd
Bought by
Alpine Insurance Company
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
Kalomas Anthony K $3,807,500 Chicago Title Company
Pappas Alex H -- Pacific Coast Title Company
Pappas Alex H -- Pacific Coast Title Company
Pappas Alex H $2,275,000 Chicago Title Company
Lanier Charles D -- First American Title Co
Cragg Curtis K $255,000 Chicago Title Co
Alpine Insurance Company -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kalomas Anthony K $450,000
Open Kalomas Anthony K $1,500,000
Previous Owner Alex H Pappas Trust $300,000
Previous Owner Pappas Alex H $1,500,000
Previous Owner Pappas Alex H $1,050,000
Previous Owner Pappas Alex H $1,200,000
Previous Owner Pappas Alex H $1,656,000
Previous Owner Lanier Charles D $445,000
Previous Owner Lanier Charles D $100,000
Previous Owner Lanier Charles D $100,000
Previous Owner Lanier Charles $450,000
Previous Owner Lanier Charles $50,000
Previous Owner Cragg Curtis K $526,500
Previous Owner Cragg Curtis K $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2023 10/12/23 Sold $3,807,230 -3.6% $976 / Sq Ft
08/06/2023 08/06/23 Pending -- -- --
07/11/2023 07/11/23 For Sale $3,950,000 0.0% $1,013 / Sq Ft
05/29/2022 05/29/22 Rented $18,000 0.0% --
05/29/2022 05/29/22 Off Market $18,000 -- --
05/09/2022 05/09/22 For Rent $18,000 -- --
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 $40,125 $3,883,374 $1,785,000 $2,098,374
2023 $40,125 $2,872,210 $1,451,886 $1,420,324
2022 $29,910 $2,815,893 $1,423,418 $1,392,475
2021 $29,459 $2,760,680 $1,395,508 $1,365,172
2020 $29,079 $2,732,373 $1,381,199 $1,351,174
2019 $28,500 $2,678,798 $1,354,117 $1,324,681
2018 $28,040 $2,626,273 $1,327,566 $1,298,707
2017 $27,575 $2,574,779 $1,301,536 $1,273,243
2016 $26,617 $2,524,294 $1,276,016 $1,248,278
2015 $25,493 $2,486,378 $1,256,850 $1,229,528
2014 -- $2,437,675 $1,232,231 $1,205,444
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-2027

Santa Barbara Multiple Listing Service

APN: 137-610-016