NOT LISTED FOR SALE

140 Middle Rd Santa Barbara, CA 93108

Estimated Value: $7,476,000 - $17,428,797

3 Beds
4 Baths
4,275 Sq Ft
$2,913/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $5,200,000 $1,216 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $78,507/month

3 Days on Market

Highlights

  • Ocean View
  • Outdoor Pool
  • Fruit Trees
  • Santa Barbara Senior High School Rated A-
  • Updated Kitchen
  • Deck

About This Home

As of October 2020

This property is all about location, privacy and views. Sited just above the shops on Coast Village Road with a big view of the Pacific Ocean and the channel islands. There are 3 bedrooms and 4 baths plus a gated entry and a swimming pool. Built in the early 1900's it is ready for renovation into your own special dream home.

Last Agent to Sell the Property

David Kent

Sotheby's International Realty Listed on: 09/22/2020

Last Buyer's Agent

Nancy Kogevinas

Berkshire Hathaway HomeServices California Properties License #01209514

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Lot Details

  • 0.94 Acre Lot
  • Gated Home
  • Level Lot
  • Irrigation
  • Fruit Trees
  • Lawn
  • Property is in average condition

Parking

  • Carport

Home Design

  • Cottage
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,275 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Multiple Fireplaces
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Library
  • Ocean Views
  • Home Security System

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Double Oven
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Gas Dryer Hookup

Outdoor Features

  • Outdoor Pool
  • Deck

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Water Softener is Owned
  • Sewer Stub Out

Additional Features

  • Stepless Entry
  • Property is near shops

Listing and Financial Details

  • Assessor Parcel Number 009-230-021

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Directions: Just above Coast Village Road on the right. There is a brown entrance to the gate. Press #4 for entry request per appointment. If there is a problem phone listing agent.
  • Prop. Type: Residential
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: 220V Elect, Gas Hookup, Laundry Room
  • ResoLotFeatures: Level
  • ResoSecurityFeatures: Gate:Elec, Security System
  • Architectural Style: Cal Cottage
  • Carport Y N: Yes
  • Reso Flooring: Hardwood, Tile
  • Unit Levels: Entry Lvl(No Stairs), Single Story
  • New Construction: No
  • Reso Property Condition: Fair
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.94
  • 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
  • Style Cal Cottage: Yes
  • Construction Entry Lvl(No Stairs)2: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Primary: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Gas Range2: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Proximity Near Shopping2: Yes
  • Dining Breakfast Area2: Yes
  • Amenities Wet Bar2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Gas8: Yes
  • GroundsLandscaping Deck3: Yes
  • ViewOcean: Yes
  • Laundry:_two_20V Elect2: Yes
  • Laundry Gas Hookup2: Yes
  • Appliances Included Wtr SoftenerOwned: Yes
  • Pets Yes: Yes
  • Condition Fair2: Yes
  • Rooms LbryStudy: Yes
  • Dining In Living Room2: Yes
  • Cooling Ceiling Fan(s): Yes
  • ParkingGarage Cpt #22: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Dishwasher, Disposal, Double Oven, Wtr Softener/Owned
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Other, 2+, Gas, LR
  • Total Bedrooms: 8
  • Appliances Included:Double Oven2: Yes

Exterior Features

  • Roof: Composition
  • View: Ocean
  • Construction Type: Stucco
  • Acres: 0.94
  • Topography: Level
  • Exterior Features: Pool, Deck, Lawn, Fruit Trees, Yard Irrigation T/O
  • Foundation Details: Mixed

Garage/Parking

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

Utilities

  • Cooling: Ceiling Fan(s)
  • 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 #: 009-230-021
  • Zoning: Other
  • Lot Size Sq Ft: 40946.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2022
Sold by
140 Middle Road Llc
Bought by
Mark And Melissa Matson Living Trust
Current Estimated Value
$12,452,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,883,550
Outstanding Balance
$8,234,334
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$4,218,065

Purchase Details

Closed on
Jan 6, 2022
Sold by
Profile Property Trust
Bought by
140 Middle Road Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,883,550
Outstanding Balance
$8,234,334
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$4,218,065

Purchase Details

Listed on
Sep 22, 2020
Closed on
Oct 14, 2020
Sold by
Lawlor William J and The William J Lawlor Iii Trust
Bought by
Berkoff Sheryl and Profile Property Trust
Seller's Agent
David Kent
Sotheby's International Realty
Buyer's Agent
Nancy Kogevinas
Berkshire Hathaway HomeServices California Properties
List Price
$4,950,000
Sold Price
$5,200,000
Premium/Discount to List
$250,000
5.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.21%

Purchase Details

Closed on
Jun 17, 2019
Sold by
Lawlor William J
Bought by
Lawlor William J and Lawlor Blair S

Purchase Details

Closed on
Aug 21, 1996
Sold by
Rand Frank C and Rand Elizabeth H
Bought by
Lawlor William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$805,000
Interest Rate
8.12%

Purchase Details

Closed on
Aug 7, 1996
Sold by
Lawlor Blair S
Bought by
Lawlor William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$805,000
Interest Rate
8.12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mark And Melissa Matson Living Trust $14,900,000 Chicago Title
140 Middle Road Llc -- None Listed On Document
Berkoff Sheryl $5,200,000 Chicago Title Company
Lawlor William J -- None Available
Lawlor William J -- Chicago Title Co
Lawlor William J -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mark And Melissa Matson Living Trust $8,883,550
Previous Owner Lawlor William J $805,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2020 10/16/20 Sold $5,200,000 +5.1% $1,216 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
09/22/2020 09/22/20 For Sale $4,950,000 -- $1,158 / 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 $161,492 $15,811,999 $4,775,436 $11,036,563
2023 $161,492 $14,900,000 $4,500,000 $10,400,000
2022 $56,536 $5,304,000 $4,080,000 $1,224,000
2021 $55,365 $5,200,000 $4,000,000 $1,200,000
2020 $19,478 $1,720,580 $744,934 $975,646
2019 $18,954 $1,686,844 $730,328 $956,516
2018 $18,612 $1,653,769 $716,008 $937,761
2017 $18,221 $1,621,343 $701,969 $919,374
2016 $17,661 $1,589,553 $688,205 $901,348
2015 $17,249 $1,565,677 $677,868 $887,809
2014 -- $1,535,009 $664,590 $870,419
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-3739

Santa Barbara Multiple Listing Service

APN: 009-230-039