NOT LISTED FOR SALE

1339 Virginia Rd Santa Barbara, CA 93108

Estimated Value: $1,905,484 - $3,078,000

3 Beds
1 Bath
1,198 Sq Ft
1,437 Sq Ft Lot

Last Sold March 21, 2014

Last sale price $910,000 $760 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $15,601/month

29 Days on Market

Highlights

  • Property is near an ocean
  • Mountain View
  • Wood Flooring
  • Santa Barbara Senior High School Rated A-
  • Property is near public transit
  • Cottage

About This Home

As of March 2014

Exceptionally charming beach area cottage conveniently located mid-way between Coast Village Road and the famous Butterfly Beach. All fenced and private with a sunny yard in the front and covered patio in the back providing wonderful outdoor living spaces. The open floor plan includes an inviting living room with a fireplace, a separate formal dining room, and an updated kitchen. The three bedrooms and one full bath are light-filled and charming. This home is ideal for comfortable beach living while still being in close proximity to fabulous shopping and restaurants.

Last Agent to Sell the Property

Sandy Stahl

Sotheby's International Realty License #01040095 Listed on: 12/30/2013

Sotheby's International Realty

Last Buyer's Agent

Darcie McKnight

Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,817

Year Built

  • Built in 1946

Lot Details

  • Fenced
  • Property is in good condition

Parking

  • Open Parking

Home Design

  • Cottage
  • Stucco

Interior Spaces

  • 1-Story Property
  • Skylights
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Mountain Views
  • Gas Dryer Hookup

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Property is near an ocean
  • Covered Patio or Porch

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Schools

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

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 009-660-003

Community Details

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,817

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Association Fee: 0
  • Prop. Type: Residential
  • Year Built: 1946
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Gas Hookup
  • ResoLotFeatures: Level, Near Public Transit
  • ResoSecurityFeatures: Smoke Detector(s)
  • Architectural Style: Cal Cottage
  • Reso Flooring: Hardwood
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1946
  • 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
  • Style Cal Cottage: Yes
  • Construction Single Story2: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • Proximity Near Ocean2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Gas Stove3: Yes
  • Fireplace(s) LR: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Proximity Near Shopping2: Yes
  • Dining Formal2: Yes
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • Laundry Gas Hookup2: Yes
  • Pets Yes: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • ParkingGarage Unc #22: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Refrigerator, Dishwasher, Disposal, Gas Stove
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: LR

Exterior Features

  • View: Mountain(s)
  • Construction Type: Stucco
  • Topography: Level
  • Exterior Features: Patio Covered, Fenced: ALL

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Unc #2

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes

Schools

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

Lot Info

  • Parcel #: 009-660-003
  • Zoning: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2018
Sold by
Hill Roger G and Wassermann Eva N
Bought by
Montecito Beach Land Holdings Llc
Current Estimated Value
$2,575,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,280,000
Outstanding Balance
$1,113,936
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,288,666

Purchase Details

Closed on
Nov 15, 2017
Sold by
Hill Ii Roger G and Wassermann Eva N
Bought by
Hill Ii Roger G and Wassermann Eva N

Purchase Details

Listed on
Dec 30, 2013
Closed on
Feb 28, 2014
Sold by
Wood Jane Walker
Bought by
Hill Ii Roger G and Wassermann Eva N
Seller's Agent
Sandy Stahl
Sotheby's International Realty
Buyer's Agent
Darcie McKnight
Sotheby's International Realty
List Price
$950,000
Sold Price
$910,000
Premium/Discount to List
-$40,000
-4.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%
Original Mortgage
$637,000
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2008
Sold by
Wood Jane Walker
Bought by
Wood Jane Walker

Purchase Details

Closed on
Jan 23, 2007
Sold by
Wood Jane Walker
Bought by
Wood Jane Walker

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2005
Sold by
Lloyd Christopher and Lloyd Jane Walker Wood
Bought by
Wood Jane Walker

Purchase Details

Closed on
Sep 12, 2002
Sold by
Wood Jane Walker
Bought by
Lloyd Christopher and Lloyd Jane Walker Wood

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
6.43%

Purchase Details

Closed on
Aug 19, 2002
Sold by
Lloyd Christopher
Bought by
Wood Jane Walker

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
6.43%

Purchase Details

Closed on
Aug 6, 2002
Sold by
Mitchell Shawne
Bought by
Wood Jane Walker

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
6.43%

Purchase Details

Closed on
May 12, 1998
Sold by
Morehart Mitchell E
Bought by
Mitchell Shawne and Cook Jd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
4.75%

Purchase Details

Closed on
May 24, 1994
Sold by
State Street Bank & Trust Company
Bought by
Morehart Mitchell E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.75%

Purchase Details

Closed on
Mar 17, 1994
Sold by
Professional Foreclosure Corp
Bought by
State Street Bank & Trust 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
Montecito Beach Land Holdings Llc $1,600,000 Chicago Title Co
Hill Ii Roger G -- Fidelity National Title Co
Hill Ii Roger G $910,000 Fidelity National Title Co
Wood Jane Walker -- First American Title Company
Wood Jane Walker -- First American Title Company
Wood Jane Walker -- Stewart Title
Lloyd Christopher -- Lawyers Title Company
Wood Jane Walker -- Lawyers Title Company
Wood Jane Walker -- Lawyers Title Company
Mitchell Shawne -- Lawyers Title Company
Mitchell Shawne -- Equity Title Company
Morehart Mitchell E $375,000 Equity Title Company
State Street Bank & Trust Company $415,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montecito Beach Land Holdings Llc $1,280,000
Previous Owner Hill Ii Roger G $618,000
Previous Owner Hill Ii Roger G $637,000
Previous Owner Wood Jane Walker $1,000,000
Previous Owner Lloyd Christopher $861,250
Previous Owner Wood Jane Walker $525,000
Previous Owner Mitchell Shawne $25,000
Previous Owner Mitchell Shawne $25,000
Previous Owner Mitchell Shawne $475,000
Previous Owner Mitchell Shawne $50,000
Previous Owner Mitchell Shawne $316,000
Previous Owner Morehart Mitchell E $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2014 03/21/14 Sold $910,000 -4.2% $760 / Sq Ft
01/28/2014 01/28/14 Pending -- -- --
12/30/2013 12/30/13 For Sale $950,000 -- $793 / 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 $18,817 $1,784,826 $1,115,517 $669,309
2023 $18,817 $1,715,521 $1,072,201 $643,320
2022 $18,151 $1,681,884 $1,051,178 $630,706
2021 $17,778 $1,648,907 $1,030,567 $618,340
2020 $17,607 $1,632,000 $1,020,000 $612,000
2019 $17,270 $1,600,000 $1,000,000 $600,000
2018 $11,056 $997,743 $861,894 $135,849
2017 $10,834 $978,181 $844,995 $133,186
2016 $10,356 $942,335 $828,427 $113,908
2014 $9,738 $886,106 $708,887 $177,219
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 13-3836

Santa Barbara Multiple Listing Service

APN: 009-660-003