NOT LISTED FOR SALE

1375 Virginia Rd Santa Barbara, CA 93108

Estimated Value: $4,202,000 - $5,263,000

6 Beds
3 Baths
1,100 Sq Ft
$4,438/Sq Ft Est. Value

Last Sold October 04, 2023

Last sale price $4,595,000 $4,177 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $30,795/month

6 Days on Market

Highlights

  • Property is near an ocean
  • Deck
  • Cottage
  • Santa Barbara Senior High School Rated A-
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

As of October 2023

Owned by the same family for 40 years! Surrounded by tall hedges, this single-level cottage-style compound is conveniently located only blocks from the Biltmore, the Rosewood Miramar, Coral Casino, and Coast Village Road. It blends the laid-back beach lifestyle with the amenities of Montecito's high-end shops and restaurants. Nestled off the street, this property features a 2-bedroom, 1-bathroom main house, and a detached single level Duplex both units are 2-bedroom, 1 bath. All 3 units open into their own private yards and patios. Truly a gem located in the Coastal Zone and Montecito Union School District, this property is one of the few options with the potential for short-term, less-than-30-day, vacation rentals. The units are separately metered for gas & electricity. Rarely offered combination of location, unit mix, and flexibility for an owner-user, investor, vacation rental, or a combination of all. A must see.

Last Agent to Sell the Property

Michael Calcagno

Berkshire Hathaway HomeServices California Properties License #01499736 / 01129919 Listed on: 09/12/2023

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Chris Gregoire & Real Estate

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,359

Year Built

  • Built in 1922

Lot Details

  • 0.29 Acre Lot
  • Fenced
  • Level Lot
  • Property is in excellent condition

Parking

  • Uncovered Parking

Home Design

  • Cottage
  • Brick Exterior Construction
  • Raised Foundation
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Living Room with Fireplace

Kitchen

  • Breakfast Area or Nook
  • Built-In Gas Oven
  • Built-In Gas Range
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property is near an ocean
  • Deck
  • Shed

Location

  • Property is near shops

Schools

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

Utilities

  • No Cooling
  • Baseboard Heating

Community Details

  • 3 Units
  • Restaurant

Listing and Financial Details

  • Exclusions: Other, Potted Plants
  • Assessor Parcel Number 009-570-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,359

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1922
  • ResoWindowFeatures: Blinds
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Gas Hookup
  • ResoLotFeatures: Level
  • Architectural Style: Other, Cal Cottage
  • Reso Flooring: Hardwood, Tile
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1922
  • Property Information Total #Units: 3
  • 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
  • Style Cal Cottage: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Unc #4: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • Proximity Near Ocean2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • FlrWdw Coverings Blinds: Yes
  • Property Information Main House SqFt: 1100.0
  • Exterior BrickStone: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Dining Breakfast Area2: Yes
  • Appliances Included Built-In Gas Range: Yes
  • Property Information Apx Lot SqFt: 12632.0
  • GroundsLandscaping Deck3: Yes
  • Other Buildings Shed: Yes
  • Laundry Gas Hookup2: Yes
  • Pets Yes: Yes
  • Foundation Raised: Yes
  • Cooling None8: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Built-In Gas Range, Built-In Gas Oven, Dishwasher, Disposal, Dryer, Gas Stove, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace Features: LR
  • Appliances Included:Built-In Gas Oven: Yes

Exterior Features

  • Roof: Composition
  • Construction Type: Brick/Stone, Stucco, Other
  • Acres: 0.29
  • Topography: Level
  • Exclusions: Other, Potted Plants
  • Exterior Features: Deck, Fenced: ALL
  • Foundation Details: Slab, Raised

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unc #4

Utilities

  • Cooling: None
  • Heating: Baseboard
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Baseboard: Yes

Schools

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

Lot Info

  • Parcel #: 009-570-008
  • Zoning: Other
  • Lot Size Sq Ft: 12632.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2024
Sold by
David And Andrea Nevins Family Trust
Bought by
Miramar Trust and Sackett
Current Estimated Value
$4,881,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,506,250
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 12, 2023
Closed on
Sep 25, 2023
Sold by
Mccormick Deborah A
Bought by
2070 East Valley Road Llc
Seller's Agent
Michael Calcagno
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Chris Gregoire & Real Estate
Compass
List Price
$4,795,000
Sold Price
$4,595,000
Premium/Discount to List
-$200,000
-4.17%
Views
45

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.29%
Original Mortgage
$2,500,000
Interest Rate
7.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2022
Sold by
Austin Mccormick
Bought by
Mccormick Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
7.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2019
Sold by
Mccormick Deborah A
Bought by
Mccormick Doborah A and Mccormick Austin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,421,500
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 23, 2019
Sold by
Mccormick Michael P and Mccormick Deborah A
Bought by
Mccormick Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,421,500
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 4, 2017
Sold by
Mccormick Michael P and Mccormick Deborah A
Bought by
Mccormick Michael P and Mccormick Deborah A

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
3.82%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 6, 2004
Sold by
Mccormick Michael P and Mccormick Deborah A
Bought by
Mccormick Michael P and Mccormick Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,012,500
Interest Rate
7.82%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 11, 2001
Sold by
Olson Donald D and Franco Nancy M
Bought by
Grant Warren and Maggies Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,000
Interest Rate
6.98%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 17, 2000
Sold by
Sharp Waldene L Revocable Trust 8-20-86 and Michael S
Bought by
Mccormick Michael P and Mccormick Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.35%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Miramar Trust $4,675,000 Chicago Title Company
2070 East Valley Road Llc $4,595,000 Fidelity National Title
Mccormick Deborah A -- Wfg National Title
Mccormick Doborah A -- Wfg National Title Ins Co
Mccormick Deborah A -- Wfg National Title
Mccormick Michael P -- Chicago Title Company
Mccormick Michael P -- Chicago Title Company
Mccormick Michael P -- Equity Title
Grant Warren -- Equity Title Company
Mccormick Michael P $900,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2070 East Valley Road Llc $2,535,000
Closed Miramar Trust $3,506,250
Previous Owner 2070 East Valley Road Llc $2,500,000
Previous Owner Mccormick Deborah A $2,500,000
Previous Owner Mccormick Deborah A $250,000
Previous Owner Mccormick Deborah A $1,500,000
Previous Owner Mccormick Deborah A $1,421,500
Previous Owner Mccormick Michael P $500,000
Previous Owner Mccormick Michael P $1,032,000
Previous Owner Mccormick Michael P $1,000,000
Previous Owner Mccormick Michael P $650,000
Previous Owner Mccormick Michael P $1,012,500
Previous Owner Mccormick Michael P $407,000
Previous Owner Rutherford John C $337,000
Previous Owner Grant Warren $425,400
Previous Owner Mccormick Michael P $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2023 10/04/23 Sold $4,595,000 -4.2% $4,177 / Sq Ft
09/18/2023 09/18/23 Pending -- -- --
09/12/2023 09/12/23 For Sale $4,795,000 0.0% $4,359 / Sq Ft
08/30/2020 08/30/20 Rented $5,200 0.0% --
08/30/2020 08/30/20 For Rent $5,200 -- --
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 $50,359 $4,716,900 $2,550,000 $2,166,900
2023 $50,359 $1,329,555 $1,034,103 $295,452
2022 $16,471 $1,303,486 $1,013,827 $289,659
2021 $16,181 $1,277,929 $993,949 $283,980
2020 $16,048 $1,264,827 $983,758 $281,069
2019 $15,735 $1,240,027 $964,469 $275,558
2018 $15,484 $1,215,713 $945,558 $270,155
2017 $15,075 $1,191,876 $927,018 $264,858
2016 $14,555 $1,168,507 $908,842 $259,665
2014 $13,823 $1,128,411 $877,656 $250,755
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Michael Calcagno

    Berkshire Hathaway HomeServices California Properties

    (805) 896-0876

    59 in this area

    296 Total Sales

    Section Image

  • C

    Buyer's Agent in 2023

    Chris Gregoire & Real Estate

    Compass

  • G

    Buyer's Agent in 2023

    Gregoire & Real Estate Group

    Compass

    (805) 452-9032

    10 in this area

    64 Total Sales

    Section Image

  • C

    Seller's Agent in 2020

    Clare Lombardi

    Cambria Property Management & Real Estate

    (805) 448-6763

    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-2722

Santa Barbara Multiple Listing Service

APN: 009-570-008

California Santa Barbara County Santa Barbara 93108

1375 Virginia Rd, Santa Barbara, CA

This home is located at 1375 Virginia Rd, Santa Barbara, CA 93108 since 12 September 2023 and is currently estimated at $4,881,489, approximately $4,437 per square foot. This property was built in 1922. 1375 Virginia Rd is a home located in Santa Barbara County with nearby schools including Santa Barbara Junior High School, Santa Barbara Senior High School, and Adelante Charter School.

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