NOT LISTED FOR SALE

1365 Virginia Rd Santa Barbara, CA 93108

Estimated Value: $4,713,000 - $5,459,000

3 Beds
2 Baths
1,538 Sq Ft
$3,223/Sq Ft Est. Value

Last Sold January 12, 2024

Last sale price $4,675,000 $3,040 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $28,590/month

63 Days on Market

Highlights

  • Spa
  • Property is near an ocean
  • Property is near a park
  • Santa Barbara Senior High School Rated A-
  • Updated Kitchen
  • Cathedral Ceiling

About This Home

As of January 2024

You want to live in Montecito, by the beach, in a beautifully renovated 1920s home with great outdoor space and room for everyone?...Impossible, until now. Sited on one of the largest lots in this micro sized neighborhood and bookended by the Biltmore and Miramar Hotels. 1365 Virginia Rd is in a class of its own. Casual, elegant and ready-set-go for immediate enjoyment. Recently renovated from top to bottom by Becker Studios, offering 3 beds 2 baths, an incredible entertaining kitchen, dining and living area. There is an additional bonus lower level with media room, 2 additional bedrooms and 2 bathrooms. The outdoor space and landscape was recently overhauled and reimagined by Isa Bird Design with 2 fire pit areas, a beautiful heated dinning pavilion, bbq area, cedar hot tub.. Sunken garden, fountains and an outdoor shower. Come check out this one of a kind property in the coastal zone of Montecito.

Last Agent to Sell the Property

Josiah Hamilton

Berkshire Hathaway HomeServices California Properties License #01415235 Listed on: 11/07/2023

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Sally Hanseth

Sotheby's International Realty License #00902225

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,969

Year Built

  • Built in 1927

Lot Details

  • 8,276 Sq Ft Lot
  • Fenced
  • Artificial Turf
  • Level Lot
  • Drought Tolerant Landscaping
  • Property is in excellent condition
  • Property is zoned R-2

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,538 Sq Ft Home
  • Sound System
  • Cathedral Ceiling
  • Dining Area
  • Home Security System
  • Laundry in Kitchen
  • Basement

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Built-In Electric Oven
  • Built-In Gas Range
  • Microwave
  • Dishwasher
  • Instant Hot Water

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Spa
  • Property is near an ocean
  • Covered Patio or Porch
  • Built-In Barbecue

Location

  • Property is near a park
  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Water Purifier is Owned
  • Water Softener Leased

Community Details

  • Restaurant

Listing and Financial Details

  • Assessor Parcel Number 009-570-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,969

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Directions: Corner of Virginia Rd and Lane. Entrance is on Virginia Lane
  • Prop. Type: Residential
  • Year Built: 1927
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: In Kitchen
  • ResoLotFeatures: Level
  • ResoSecurityFeatures: Security System
  • Architectural Style: Spanish
  • Reso Flooring: Concrete, Hardwood
  • Unit Levels: Outside Stairs
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1927
  • Property Information Apx # Acres: 0.19
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • GroundsLandscaping Drought Tolerant LND2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Dining Breakfast Bar2: Yes
  • Dining Dining Area2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Microwave3: Yes
  • Security Security System: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Cooling Central Air: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Amenities Sound System: Yes
  • Appliances Included Built-In Gas Range: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Hot Tub2: Yes
  • Style Spanish2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Laundry In Kitchen3: Yes
  • GroundsLandscaping Artificial Turf: Yes
  • Appliances Included Water Purifier Owned: Yes
  • FlrWdw Coverings Concrete2: Yes
  • Appliances Included Instant Hot Water: Yes
  • Appliances Included Wtr Softener Leased: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Built-In Gas Range, Built-In Electric Oven, Dishwasher, Microwave, Wtr Softener Leased
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bedrooms Basement: Yes
  • Other Rooms:Media Room: Yes
  • Appliances Included:Built-In Electric Oven: Yes

Exterior Features

  • Roof: Tile
  • Construction Type: Stucco
  • Acres: 0.19
  • Topography: Level
  • Exterior Features: Patio Covered, Hot Tub, Fenced: ALL, Drought Tolerant LND
  • Foundation Details: Slab

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes

Association/Amenities

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

Schools

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

Lot Info

  • Parcel #: 009-570-009
  • Zoning: R-2
  • Lot Size Sq Ft: 8276.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2009
Sold by
Armstrong Alexander G and Armstrong Chandler L
Bought by
Nevins David and Nevins Andrea
Current Estimated Value
$4,956,956

Purchase Details

Closed on
Jul 11, 2006
Sold by
Armstrong Alexander G and Armstrong Chandler J
Bought by
Armstrong Alexander G and Armstrong Chandler L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,900
Interest Rate
6.67%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 31, 2000
Sold by
Nye Elvia
Bought by
Nye David L
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
Nevins David -- Fidelity National Title Co
Armstrong Alexander G -- None Available
Nye David L -- First American Title Co
Armstrong Alexander -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Armstrong Alexander G $99,900
Previous Owner Armstrong Alexander G $1,000,000
Previous Owner Armstrong Alexander G $366,000
Previous Owner Armstrong Alexander G $400,000
Previous Owner Armstrong Alexander G $250,000
Previous Owner Armstrong Alexander G $139,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2024 01/12/24 Sold $4,675,000 -2.5% $3,040 / Sq Ft
01/09/2024 01/09/24 Pending -- -- --
11/07/2023 11/07/23 For Sale $4,795,000 -- $3,118 / 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 $18,969 $4,768,500 $2,040,000 $2,728,500
2023 $18,969 $1,653,694 $1,178,659 $475,035
2022 $18,340 $1,621,270 $1,155,549 $465,721
2021 $17,980 $1,589,482 $1,132,892 $456,590
2020 $17,814 $1,573,185 $1,121,276 $451,909
2019 $17,459 $1,542,340 $1,099,291 $443,049
2018 $17,146 $1,512,099 $1,077,737 $434,362
2017 $16,780 $1,482,451 $1,056,605 $425,846
2016 $16,264 $1,453,385 $1,035,888 $417,497
2014 $15,574 $1,403,514 $1,000,342 $403,172
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-3357

Santa Barbara Multiple Listing Service

APN: 009-570-009