NOT LISTED FOR SALE

139 Olive Mill Rd Santa Barbara, CA 93108

Estimated Value: $4,722,000 - $5,745,000

5 Beds
3 Baths
2,280 Sq Ft
$2,229/Sq Ft Est. Value

Sale Details

Date Sold: June 3, 2019

Last sale price $1,545,000 $678 Per Sq Ft

Est. 229% increase in value since last sale

Current estimated payment $28,726 / mo

15 Days on Market

Highlights

  • Property is near an ocean
  • View of Trees or Woods
  • Property is near public transit, schools, shops, and bus stop
  • Santa Barbara Senior High School Rated A-
  • Fruit Trees
  • Wood Flooring

About This Home

As of June 2019

Rare opportunity to acquire a classic Montecito Spanish Colonial Revival style house, damaged in the debris flow of January 9, 2018. It was built in 1926 on an Olive Mill Road property that would later become part of the 101 freeway, and in the 1950's it was moved up the street to its present location. This is a unique Montecito fixer in an amazing location, with much potential. The ground floor of the house was damaged by the mudflow that struck Montecito on 1/09/2018. Allen Construction, who has maintained the house when called on over the years, brought in a crew and professionally removed mud and debris on the property, opened all affected interior walls on the ground level, exposing the redwood studs and framing so they could be cleaned. Please DO NOT go on property without listing agent.

Last Agent to Sell the Property

Marco Farrell

Coldwell Banker Realty Listed on: 04/30/2019

Co-Listed By

Jeff Farrell

Sotheby's International Realty License #00810993

Last Buyer's Agent

Kirsten Kemp

Do Not Use

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1926

Lot Details

  • 17,859 Sq Ft Lot
  • Fruit Trees
  • Wooded Lot
  • Lawn
  • Property is in below average condition

Parking

  • Uncovered Parking

Property Views

  • Woods
  • Mountain

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,280 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Library
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Property is near an ocean
  • Patio

Location

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

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 009-170-021

Home Details

Home Type

Single Family

Year Built

Built in 1926

Lot Details

0.41 Acres

Listing Details

  • Directions: 101 to Olive Mill. Turn towards mountains. Big Spanish on Left.
  • Prop. Type: Residential
  • Year Built: 1926
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Near Public Transit
  • Co List Office Mls Id: cb01
  • Co List Office Phone: 805-969-4755
  • Architectural Style: Spanish
  • Reso Flooring: Hardwood
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Poor
  • Property Information Year Built2: 1926
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.41
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • Property Information Within City Limits: No
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Construction Two Story2: Yes
  • View Wooded3: Yes
  • Proximity Near Shopping2: Yes
  • Dining Formal2: Yes
  • Property Information Apx Lot SqFt: 17859.0
  • Proximity Near Bus: Yes
  • GroundsLandscaping Wooded4: Yes
  • Roof:Tile2: Yes
  • Style Spanish2: Yes
  • Rooms:Den: Yes
  • Rooms LbryStudy: Yes
  • ParkingGarage Unc #33: Yes
  • Condition Poor: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: LR

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Setting, Wooded
  • Construction Type: Stucco
  • Acres: 0.41
  • Exterior Features: Patio Open, Lawn, Fruit Trees, Wooded
  • Foundation Details: Slab, Mixed

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unc #3

Utilities

  • Water Source: Mont Wtr

Schools

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

Lot Info

  • Parcel #: 009-170-021
  • Zoning: R-1
  • Lot Size Sq Ft: 17859.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2024
Sold by
Under Sixty Two Investments Llc
Bought by
Andrew And Macauley Becker Family Trust and Becker
Current Estimated Value
$5,082,777

Purchase Details

Closed on
Aug 4, 2022
Sold by
Becker Andrew D and Becker Macauley G
Bought by
Under Sixty Two Investments Llc

Purchase Details

Closed on
Sep 23, 2020
Sold by
Becker Darrell W
Bought by
Becker Andrew D and Becker Macauley G

Purchase Details

Listed on
Apr 30, 2019
Closed on
May 23, 2019
Sold by
Becker Kirsten K
Bought by
Becker Darrell W
Seller's Agent
Marco Farrell
Coldwell Banker Realty
Buyer's Agent
Kirsten Kemp
Do Not Use
List Price
$1,495,000
Sold Price
$1,545,000
Premium/Discount to List
$50,000
3.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.90%
Original Mortgage
$700,000
Interest Rate
4.1%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Apr 30, 2019
Closed on
May 17, 2019
Sold by
Kinsell Sara W and Kinsell Sara
Bought by
Becker Andrew D and Becker Macauley G
Seller's Agent
Marco Farrell
Coldwell Banker Realty
Buyer's Agent
Kirsten Kemp
Do Not Use
List Price
$1,495,000
Sold Price
$1,545,000
Premium/Discount to List
$50,000
3.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.1%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 19, 1998
Sold by
Kinsell Henry S and Kinsell Sara W
Bought by
Kinsell Henry S and Kinsell Sara W
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
Andrew And Macauley Becker Family Trust -- None Listed On Document
Under Sixty Two Investments Llc -- None Listed On Document
Becker Andrew D -- Fidelity National Title
Becker Darrell W -- Fidelity National Title Co
Becker Andrew D $1,545,000 Fidelity National Title Co
Kinsell Henry S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Becker Andrew D $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2019 06/03/19 Sold $1,545,000 +3.3% $678 / Sq Ft
05/15/2019 05/15/19 Pending -- -- --
04/30/2019 04/30/19 For Sale $1,495,000 -- $656 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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 $23,551 $2,317,546 $903,237 $1,414,309
2023 $23,551 $2,227,555 $868,164 $1,359,391
2022 $22,643 $2,183,879 $851,142 $1,332,737
2021 $22,160 $2,141,058 $834,453 $1,306,605
2020 $20,151 $1,945,900 $816,000 $1,129,900
2019 $1,656 $153,798 $57,117 $96,681
2018 $130 $8,372 $8,372 $0
2017 $3,304 $179,517 $54,900 $124,617
2016 $3,193 $175,998 $53,824 $122,174
2014 $2,939 $169,960 $51,978 $117,982
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Marco Farrell

    Coldwell Banker Realty

  • J

    Seller Co-Listing Agent in 2019

    Jeff Farrell

    Sotheby's International Realty

  • K

    Buyer's Agent in 2019

    Kirsten Kemp

    Do Not Use

  • K

    Buyer's Agent in 2019

    Kirsten Kemp Becker

    Village Properties

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-1503

Santa Barbara Multiple Listing Service

APN: 009-170-021

California Santa Barbara County Santa Barbara 93108

139 Olive Mill Rd, Santa Barbara, CA

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