NOT LISTED FOR SALE

1342 Virginia Rd Santa Barbara, CA 93108

Estimated Value: $3,593,127 - $6,617,000

4 Beds
3 Baths
2,340 Sq Ft
$2,154/Sq Ft Est. Value

Last Sold May 03, 2018

Last sale price $1,914,000 $818 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $29,425/month

20 Days on Market

Highlights

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

About This Home

As of May 2018

Welcome home to this large beach house in the heart of Montecito’s seaside neighborhood, featuring four bedrooms, three full bathrooms, and a spacious den, in addition to a large great room with kitchen and living areas. This cool, retro chic home boasts ample windows and glass sliders, offering beautiful mountain views and a beachside feel. Finishes include stained wood floors, marble kitchen countertops, on-trend remodeled bathrooms, and sliding barn doors. Exterior areas are lushly landscaped. An expansive basement space allows for ample storage or garage space.

Last Agent to Sell the Property

Michael Calcagno

Berkshire Hathaway HomeServices California Properties License #01499736 / 01129919 Listed on: 02/06/2018

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Calcagno & Hamilton

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,516

Year Built

  • Built in 1962

Lot Details

  • Level Lot
  • Property is in excellent condition

Home Design

  • Contemporary Architecture
  • Raised Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,340 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Dining Area
  • Mountain Views
  • Home Security System

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • 220 Volts In Laundry

Parking

  • Garage
  • 4 Open Parking Spaces

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

Additional Features

  • Property is near an ocean
  • Forced Air Heating System

Community Details

  • Santa Barbara Community

Listing and Financial Details

  • Assessor Parcel Number 009-301-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,516

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1962
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: 220V Elect
  • ResoLotFeatures: Level, Near Public Transit
  • ResoSecurityFeatures: Security System
  • Architectural Style: Contemporary
  • Reso Flooring: Hardwood, Tile
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1962
  • Property Information Total #Units: 1
  • 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
  • Condition Excellent: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Exterior Wood Siding: Yes
  • Exterior:Stucco: Yes
  • Proximity Near Ocean2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Dining Area2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Security Security System: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • ParkingGarage Gar #33: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Near Bus: Yes
  • Style:Contemporary2: Yes
  • Location Info Development Name: Santa Barbara
  • ParkingGarage Total # Uncovered Spaces: 4.0
  • Laundry:_two_20V Elect2: Yes
  • Pets Yes: Yes
  • Foundation Raised: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Oven/Rnge/Blt-In, Dishwasher, Disposal, Dryer, Microwave, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Roof: Composition
  • View: Mountain(s)
  • Construction Type: Wood Siding, Stucco
  • Topography: Level
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Parking Features: Gar #3

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 #: 009-301-011
  • Zoning: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2023
Sold by
Peterson David and Peterson David
Bought by
Peterson Family Trust and Peterson
Current Estimated Value
$5,040,782

Purchase Details

Closed on
Oct 21, 2021
Sold by
Peterson David and Peterson Pamela
Bought by
Peterson David and Peterson Pamela

Purchase Details

Closed on
Feb 7, 2019
Sold by
Peterson David and Peterson Pamela
Bought by
Peterson David S and Peterson Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Feb 6, 2018
Closed on
May 17, 2018
Sold by
Peterson David and Peterson Pamela
Bought by
Peterson David and Peterson Pamela
Seller's Agent
Michael Calcagno
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Calcagno & Hamilton
Sotheby's International Realty
List Price
$2,100,000
Sold Price
$1,914,000
Premium/Discount to List
-$186,000
-8.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.19%
Original Mortgage
$500,000
Interest Rate
4.45%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 6, 2018
Closed on
Apr 13, 2018
Sold by
Peterson Pamela
Bought by
Peterson David
Seller's Agent
Michael Calcagno
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Calcagno & Hamilton
Sotheby's International Realty
List Price
$2,100,000
Sold Price
$1,914,000
Premium/Discount to List
-$186,000
-8.86%

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
4.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 8, 2006
Sold by
Shoemaker Nancy S and Camacho Lori L
Bought by
Shoemaker Nancy S and Camacho Lori L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,186,500
Interest Rate
7.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 17, 2006
Sold by
Spiva Michelle L
Bought by
Spiva George N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,186,500
Interest Rate
7.62%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Peterson Family Trust -- None Listed On Document
Peterson David -- None Listed On Document
Peterson David -- None Available
Peterson David -- None Available
Peterson David -- None Available
Peterson David S -- None Available
Peterson David -- Fidelity National Title Co
Peterson David -- Fidelity National Title Co
Peterson David $1,914,000 Fidelity National Title Co
Shoemaker Nancy S -- Equity Title Company
Spiva George N -- Equity Title Company Santa B
Spiva George N -- Equity Title Company Santa B
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1342 Virginia Road Trust $1,272,500
Previous Owner Peterson David S $99,999
Previous Owner Peterson David $1,270,000
Previous Owner Peterson David $150,000
Previous Owner Peterson David $1,118,500
Previous Owner Peterson David $500,000
Previous Owner Shoemaker Nancy S $1,186,500
Previous Owner Spiva George N $1,186,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2018 05/03/18 Sold $1,914,000 -8.9% $818 / Sq Ft
02/26/2018 02/26/18 Pending -- -- --
02/06/2018 02/06/18 For Sale $2,100,000 -- $897 / 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 $23,516 $2,177,799 $1,137,827 $1,039,972
2023 $23,516 $2,093,235 $1,093,645 $999,590
2022 $22,714 $2,052,192 $1,072,201 $979,991
2021 $22,259 $2,011,954 $1,051,178 $960,776
2020 $22,049 $1,991,325 $1,040,400 $950,925
2019 $21,616 $1,952,280 $1,020,000 $932,280
2018 $21,292 $1,914,000 $1,000,000 $914,000
2017 $16,683 $1,473,000 $910,000 $563,000
2016 $15,748 $1,403,000 $867,000 $536,000
2014 $14,566 $1,300,000 $809,000 $491,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 18-414

Santa Barbara Multiple Listing Service

APN: 009-301-011