Seller's Agent in 2022
Colleen Beall
Compass
(805) 253-7700
2 in this area
33 Total Sales
1278 E Valley Rd Montecito, CA 93108
Estimated Value: $1,650,000 - $2,590,000
2
Beds
1
Bath
436
Sq Ft
$4,804/Sq Ft
Est. Value
Highlights
- Property is near an ocean
- Updated Kitchen
- Mountain View
- Santa Barbara Senior High School Rated A-
- Fruit Trees
- Property is near a park
About This Home
As of June 2022Showings to start Tuesday by appt. Unique Montecito building potential on level lot with existing 1912 Carriage House shaded by stately oaks located in the heart of Montecito. Level .21 ac lot with 2-E-1 zoning, underground utilities to site. This is an excellent central Montecito location, walking distance to the Upper Village. This is one of the few Mont. building opportunities that has not experienced a natural disaster. Buyer to do own investigation but building FAR for the lot appears to be 2350 sq. ft. The existing carriage house has an oversize 2 car garage with room for a 3rd car, and upstairs a lovely recently remodeled 2 bedroom apartment. The apartment is tenant occupied with a lease until the end of Feb. 2023. The kitchen features stainless steel appliances, the bathroom was remodeled a few years ago. The living room overlooks the beautiful oaks and lovely yard and lot.
The buildable lot lies behind the carriage house and access to the undeveloped back of the property could be by a nicely hedged shared driveway on the west side of the property. The lot is open and sunny with beautiful mountain views. It is fenced and has mature vegetation providing privacy. Buyers to cooperate with Sellers 1031 exchange
Last Buyer's Agent
Amy Baird
RE/MAX Santa Barbara
Home Details
Home Type
- Single Family
Year Built
- Built in 1912
Lot Details
- 9,148 Sq Ft Lot
- Partially Fenced Property
- Level Lot
- Irrigation
- Fruit Trees
- Property is in good condition
- Property is zoned E-1
Parking
- Garage
Property Views
- Mountain
- Park or Greenbelt
Home Design
- Slab Foundation
- Composition Roof
- Wood Siding
Interior Spaces
- 436 Sq Ft Home
- 2-Story Property
Kitchen
- Updated Kitchen
- Stove
- Dishwasher
Flooring
- Linoleum
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- Remodeled Bathroom
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Property is near an ocean
Location
- Property is near a park
- Property is near shops
Schools
- Mont Union Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Utilities
- Heating System Mounted To A Wall or Window
- Underground Utilities
- Sewer Stub Out
- Cable TV Available
Community Details
- Restaurant
Listing and Financial Details
- Exclusions: Shed(s)
- Assessor Parcel Number 011-171-011
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 21, 2014
Sold by
Delbrook Regina M and Contreras Rachel
Bought by
Murdoch Rita Susan and The Rita Susan Murdoch Living Trust
Current Estimated Value
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
Outstanding Balance
$375,435
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,719,232
Purchase Details
Closed on
Oct 23, 2008
Sold by
Elkin Marjorie V
Bought by
Delbrook Regina M and Contreras Rachael
Purchase Details
Closed on
May 11, 2005
Sold by
Delbrook George C
Bought by
The George C Delbrook Living Trust and Delbrook George C
Purchase Details
Closed on
Apr 8, 1996
Sold by
Delbrook George C
Bought by
Delbrook Victor G
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Murdoch Rita Susan | $1,000,000 | Fidelity National Title Co | |
| Delbrook Regina M | -- | None Available | |
| The George C Delbrook Living Trust | -- | -- | |
| Delbrook Victor G | -- | Santa Barbara Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Murdoch Rita Susan | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/23/2022 06/23/22 | Off Market | $1,900,000 | -- | -- |
| 06/21/2022 06/21/22 | Sold | $1,900,000 | +5.8% | $4,358 / Sq Ft |
| 06/13/2022 06/13/22 | Pending | -- | -- | -- |
| 05/27/2022 05/27/22 | For Sale | $1,795,000 | 0.0% | $4,117 / Sq Ft |
| 05/03/2015 05/03/15 | Rented | $2,395 | -7.7% | -- |
| 05/03/2015 05/03/15 | For Rent | $2,595 | -- | -- |
Source: Santa Barbara Multiple Listing Service
Tax History Compared to Growth
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 | $9,034 | $742,845 | $424,483 | $318,362 |
| 2023 | $9,034 | $665,000 | $380,000 | $285,000 |
| 2022 | $1,880 | $34,645 | $33,495 | $1,150 |
| 2021 | $1,872 | $33,967 | $32,839 | $1,128 |
| 2020 | $1,871 | $33,620 | $32,503 | $1,117 |
| 2019 | $1,861 | $32,962 | $31,866 | $1,096 |
| 2018 | $1,854 | $32,317 | $31,242 | $1,075 |
| 2017 | $1,748 | $31,684 | $30,630 | $1,054 |
| 2016 | $1,683 | $31,064 | $30,030 | $1,034 |
| 2015 | $1,479 | $30,598 | $29,579 | $1,019 |
| 2014 | -- | $30,624 | $15,313 | $15,311 |
Source: Public Records
Agents Affiliated with this Home
-
Colleen Beall
-
A
Buyer's Agent in 2022
Amy Baird
RE/MAX Santa Barbara
-
Robin Lacks
R
Seller's Agent in 2015
Robin Lacks
Four Seasons Properties
(805) 452-9935
1 in this area
11 Total Sales
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 22-1736
APN: 011-171-010
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