NOT LISTED FOR SALE

1368 Virginia Rd Montecito, CA 93108

Estimated Value: $3,099,000 - $4,024,000

3 Beds
2 Baths
-- Sq Ft
7,840 Sq Ft Lot

Last Sold March 22, 2012

Last sale price $1,100,000

Est. 224% increase in value since last sale

Current estimated payment $19,833/month

174 Days on Market

Highlights

  • Spa
  • Property is near public transit, schools, shops, and bus stop
  • Lawn
  • Santa Barbara Senior High School Rated A-
  • Wood Flooring
  • Cottage

About This Home

As of March 2012

Sunny and bright, delightful Montecito duplex property, features private, gated yards, two hot tubs, two laundry areas, two car garage and newer roof. Close proximity to the beach, the Biltmore and all the shops and cafes Montecito has to offer.

Last Agent to Sell the Property

Susan Conger

Coldwell Banker Realty Listed on: 09/16/2011

Co-Listed By

Barbara Koutnik

Coldwell Banker Realty

Last Buyer's Agent

Maurie McGuire

Sotheby's International Realty License #01061042

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 7,840 Sq Ft Lot
  • Level Lot
  • Lawn
  • Property is in excellent condition
  • Property is zoned R-2

Parking

  • Garage

Home Design

  • Cottage
  • Raised Foundation
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Built-In Range

Flooring

  • Wood
  • Linoleum
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer

Outdoor Features

  • Spa
  • Patio

Schools

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

Additional Features

  • Property is near public transit, schools, shops, and bus stop
  • Gravity Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 009-301-007

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: In Garage, Laundry Room
  • ResoLotFeatures: Level, Near Public Transit
  • Co List Office Mls Id: cb01
  • Co List Office Phone: 805-969-4755
  • Subdivision Name: Other
  • Architectural Style: Cal Cottage
  • Reso Flooring: Hardwood, Tile, Vinyl
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Total #Units: 2
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • LocationTopo Level: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Style Cal Cottage: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • View Setting2: Yes
  • Proximity Near School(s)2: Yes
  • Laundry Laundry Room2: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Proximity Near Shopping2: Yes
  • Dining Breakfast Area2: Yes
  • Dining In Kitchen4: Yes
  • Property Information Apx Lot SqFt: 7840.0
  • Proximity Near Bus: Yes
  • GroundsLandscaping Hot Tub2: Yes
  • Laundry In Garage2: Yes
  • Foundation Raised: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • Assessor's Data Assessor Year Built: 1947.0
  • Assessor's Data Assessor Lot Acres: 0.18
  • FlrWdw Coverings VinylLinoleum2: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1947

Interior Features

  • Appliances: Refrigerator, Oven/Rnge/Blt-In, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: LR
  • Total Bedrooms: 8

Exterior Features

  • Roof: Composition
  • View: Setting
  • Construction Type: Stucco
  • Acres: 0.18
  • Topography: Level
  • Exterior Features: Patio Open, Hot Tub, Lawn
  • Foundation Details: Slab, Raised

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2

Utilities

  • Heating: Gravity
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Gravity: Yes

Schools

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

Lot Info

  • Parcel #: 009-301-007
  • Zoning: R-2
  • Lot Size Sq Ft: 7840.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2024
Sold by
Langslet Bryan
Bought by
Ravens Gate Llc
Current Estimated Value
$3,563,065

Purchase Details

Closed on
Nov 6, 2012
Sold by
Gimbel Joanne
Bought by
Langslet Bryan

Purchase Details

Listed on
Sep 16, 2011
Closed on
Mar 14, 2012
Sold by
Idb Investments Llc
Bought by
Gimbel Joanne and Joanne Gimbel Living Trust
Seller's Agent
Susan Conger
Coldwell Banker Realty
Buyer's Agent
Maurie McGuire
Sotheby's International Realty
List Price
$1,285,000
Sold Price
$1,100,000
Premium/Discount to List
-$185,000
-14.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.85%

Purchase Details

Closed on
Dec 20, 2005
Sold by
Mccormick Michael P and Mccormick Deborah
Bought by
Mccormick Michael Patrick and Mccormick Deborah Ann

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
5.85%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 14, 2005
Sold by
Mccormick Michael Patrick and Mccormick Deborah Ann
Bought by
Idb Investments Llc

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
5.85%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ravens Gate Llc $2,790,000 Fidelity National Title Compan
Langslet Bryan -- None Available
Gimbel Joanne -- None Available
Gimbel Joanne $1,100,000 Chicago Title Company
Mccormick Michael Patrick -- Equity Title Company Santa B
Idb Investments Llc -- Equity Title Company Santa B
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Idb Investments Llc $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2012 03/22/12 Sold $1,100,000 -14.4% --
03/08/2012 03/08/12 Pending -- -- --
09/16/2011 09/16/11 For Sale $1,285,000 -- --
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 $15,969 $2,845,800 $1,938,000 $907,800
2023 $15,969 $1,301,961 $858,113 $443,848
2022 $15,475 $1,276,434 $841,288 $435,146
2021 $15,190 $1,251,407 $824,793 $426,614
2020 $15,060 $1,238,576 $816,336 $422,240
2019 $14,774 $1,214,291 $800,330 $413,961
2018 $14,527 $1,190,483 $784,638 $405,845
2017 $14,171 $1,167,141 $769,253 $397,888
2016 $13,705 $1,144,257 $754,170 $390,087
2014 $13,072 $1,104,993 $728,291 $376,702
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2012

    Susan Conger

    Coldwell Banker Realty

  • B

    Seller Co-Listing Agent in 2012

    Barbara Koutnik

    Coldwell Banker Realty

  • Maurie McGuire

    Buyer's Agent in 2012

    Maurie McGuire

    Sotheby's International Realty

    (805) 403-8816

    6 in this area

    21 Total Sales

    Maurie McGuire
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 11-3207

Santa Barbara Multiple Listing Service

APN: 009-301-007

California Santa Barbara County Montecito 93108

1368 Virginia Rd, Montecito, CA

Not Listed for Sale

Detached

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