NOT LISTED FOR SALE

Estimated Value: $4,579,000 - $6,429,000

5 Beds
4.5 Baths
5,101 Sq Ft
$1,079/Sq Ft Est. Value

Last Sold September 16, 2016

Last sale price $3,370,000 $661 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $32,679/month

111 Days on Market

Highlights

  • Ocean View
  • Spa
  • Maid or Guest Quarters
  • Mountain View Elementary School Rated A-
  • 0.7 Acre Lot
  • Multiple Fireplaces

About This Home

As of September 2016

In Santa Barbara, living in a luxury villa of Mediterranean style is to enjoy life at its finest. A premier property in prestigious La Romana Estates is now available with awe-inspiring views from the ocean, to the city, and to the surrounding mountains. And, to the credit of the architects at the firm of Murray Duncan, and the craftsmen at A.K. Huddleston Construction, the delights of this paradise location are enhanced by the home's spacious design and extensive use of superior materials and natural textures.

The home itself is substantial. Deep walls meet the thick, exposed wood beams of the cathedral ceilings. Solid doors, hardwood floors and the repeated theme of archways give the structure a quiet strength and a sense of peaceful security so important in a home. In lovely contrast, high ceilings, an open floor plan, and large windows and glass doors welcome in natural light and views of the beautiful outdoors. Experience strength and grace working in harmony.

The home was designed with comfort, convenience and privacy as priorities. Each of the six bedrooms is a living space of its own, and the master suite, bath and huge walk-in closet serve as the pinnacle of comfort. Central to the home is a spacious gourmet kitchen perfect for entertaining. The kitchen, along with the adjoining great room and dining room look out over a wonderful covered patio, gardens and a saltwater pool and spa.

This magnificent villa sits on the highest elevation of the La Romana community and the views from the second floor are spectacular. Because of this, a large balcony and elevated observation deck on the second floor are enviable highlights of the home.

In total, there are six bedrooms and five bathrooms, which includes the benefits of a detached guest casita. A private motor court accesses a three-car garage via a porte cochére. Located minutes from Santa Barbara, this stunning residence rests on .7 landscaped acres, and is near vast open spaces and a protected 11-mile trail system.

Last Agent to Sell the Property

Melissa Birch

Sotheby's International Realty Listed on: 04/20/2016

Last Buyer's Agent

Janine Huarte

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,750

Year Built

  • Built in 2007

Lot Details

  • 0.7 Acre Lot
  • Gated Home
  • Level Lot
  • Irrigation
  • Lawn
  • Property is in excellent condition

HOA Fees

  • $225 Monthly HOA Fees

Property Views

  • Ocean
  • Panoramic
  • City
  • Mountain

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 5,101 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Multiple Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Library
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Oven
  • Built-In Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Gas Dryer Hookup

Parking

  • Detached Garage
  • Uncovered Parking

Pool

  • Spa
  • Outdoor Pool

Outdoor Features

  • Covered Patio or Porch
  • Fireplace in Patio

Schools

  • Mtn View Elementary School
  • Lacolina Middle School
  • Dos Pueblos High School

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Stub Out

Listing and Financial Details

  • Exclusions: Potted Plants
  • Assessor Parcel Number 059-460-020

Community Details

Overview

  • Association fees include comm area maint, security
  • 35 Park Highlands Subdivision
  • Greenbelt

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,750

Year Built

Built in 2007

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Association Fee: $225/month
  • Prop. Type: Residential
  • Year Built: 2007
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: 220V Elect, Gas Hookup, Laundry Room
  • ResoLotFeatures: Level
  • ResoSecurityFeatures: Gate:Elec, Smoke Detector(s)
  • Reso Association Amenities: Greenbelt
  • Reso Association Fee Includes: Comm Area Maint, Security
  • Subdivision Name: 35 - Park Highlands
  • Architectural Style: Medit
  • Reso Flooring: Carpet, Hardwood, Stone
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2007
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.7
  • NeighborhoodSchools Elementary School: Mtn View
  • NeighborhoodSchools Junior High School: LaColina
  • NeighborhoodSchools High School: Dos Pueblos
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • LocationTopo Level: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • Rooms Family Room4: Yes
  • Dining Breakfast Bar2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Microwave3: Yes
  • Fireplace(s) LR: Yes
  • Security GateElec: Yes
  • Security Smoke Detector(s)2: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Cooling Central Air: Yes
  • Construction Two Story2: Yes
  • ParkingGarage Gar #33: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Dining In Kitchen4: Yes
  • Amenities Guest Quarters2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Gas8: Yes
  • FlrWdw Coverings Stone2: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • Roof:Tile2: Yes
  • ViewOcean: Yes
  • ParkingGarage Detached: Yes
  • Laundry:_two_20V Elect2: Yes
  • AssocPark Amenities Greenbelt2: Yes
  • Laundry Gas Hookup2: Yes
  • Pets Yes: Yes
  • Style Medit2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Rooms LbryStudy: Yes
  • Fireplace(s) Patio3: Yes
  • View City4: Yes
  • ParkingGarage Unc #33: Yes
  • AssocPark Fee Incl Security2: Yes
  • Cooling Ceiling Fan(s): Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • CondoCO-OPPUD Detached4: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Oven/Rnge/Blt-In, Dishwasher, Microwave
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Other, 2+, Gas, LR, Patio

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Ocean, City, Panoramic
  • Construction Type: Stucco
  • Acres: 0.7
  • Topography: Level
  • Exclusions: Potted Plants
  • Exterior Features: Pool, Patio Open, Patio Covered, SPA-Outside, Lawn, Yard Irrigation T/O
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #3, Unc #3, Detached

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Goleta Wtr
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

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

Schools

  • Elementary School: Mtn View
  • High School: Dos Pueblos
  • Middle Or Junior School: LaColina

Lot Info

  • Parcel #: 059-460-020
  • Zoning: R-1
  • Lot Size Sq Ft: 30492.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2016
Closed on
Sep 1, 2016
Sold by
Santa Barbara Four Partnership
Bought by
Krutenat Kenneth and Krutenat Kristyn
Seller's Agent
Melissa Birch
Sotheby's International Realty
Buyer's Agent
Janine Huarte
Sotheby's International Realty
List Price
$3,749,000
Sold Price
$3,370,000
Premium/Discount to List
-$379,000
-10.11%
Current Estimated Value
$5,502,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,132,311
Avg. Annual Appreciation
5.56%
Original Mortgage
$2,250,000
Outstanding Balance
$1,759,360
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,733,089

Purchase Details

Closed on
Jun 27, 2009
Sold by
Hedrick Candice and Hedrick Rhett
Bought by
Santa Barbara Four Partnership

Purchase Details

Closed on
Feb 21, 2006
Sold by
Toban Properties Ltd
Bought by
Hedrick Candice and Hedrick Rhett
Source: Public Records

Range of Values:

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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
Krutenat Kenneth $3,370,000 Fidelity National Title Co
Santa Barbara Four Partnership -- None Available
Hedrick Candice $1,595,000 First American Title Company
Toban Properties Ltd -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krutenat Kenneth $2,250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2016 09/16/16 Sold $3,370,000 -10.1% $661 / Sq Ft
08/09/2016 08/09/16 Pending -- -- --
04/20/2016 04/20/16 For Sale $3,749,000 -- $735 / 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 $40,750 $3,911,170 $1,160,584 $2,750,586
2023 $40,750 $3,759,296 $1,115,518 $2,643,778
2022 $39,413 $3,685,586 $1,093,646 $2,591,940
2021 $38,760 $3,613,320 $1,072,202 $2,541,118
2020 $37,716 $3,576,270 $1,061,208 $2,515,062
2019 $37,017 $3,506,148 $1,040,400 $2,465,748
2018 $36,296 $3,437,400 $1,020,000 $2,417,400
2017 $35,687 $3,370,000 $1,000,000 $2,370,000
2016 $34,775 $3,309,842 $1,895,670 $1,414,172
2014 $33,876 $3,196,266 $1,830,621 $1,365,645
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 16-1282

Santa Barbara Multiple Listing Service

APN: 059-460-020