NOT LISTED FOR SALE

1401 E Pepper Ln Santa Barbara, CA 93108

Estimated Value: $5,354,000 - $6,307,602

3 Beds
2 Baths
2,013 Sq Ft
$2,934/Sq Ft Est. Value

Last Sold June 29, 2020

Last sale price $3,175,000 $1,577 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $34,047/month

135 Days on Market

Highlights

  • Fruit Trees
  • Mountain View
  • Property is near a park
  • Santa Barbara Senior High School Rated A-
  • Deck
  • Multiple Fireplaces

About This Home

As of June 2020

This enchanting San Ysidro Ranch style farmhouse is nestled on a magical acre of mature gardens, features tasteful upgrades throughout while maintaining its early California charm, and has a spacious guest cottage and custom-made gypsy caravan living space.
Upon entering this gated estate, you encounter lush lawns and pebbled walkways that wind throughout the park-like property past organic raised vegetable beds, fruit trees, and English rose gardens to the far end of the property where a brook babbles in winter months with the hypnotic sound of frogs at night. Nestled in a far corner of the yard, a chicken coop adds authenticity to this country home.
In the main house... ...you'll find original gas fireplaces in the living room and den, a cast iron clawfoot tub in a grand guest bathroom, and an open-style kitchen imbued with natural light and featuring a walk-in pantry and rustic stone pizza oven. French doors provide a seamless flow from the kitchen and dining area to a spacious back patio making the home ideal for indoor/outdoor entertaining. The living room has two sets of French doors opening onto a side patio overlooking a fountain and citrus trees. The master bedroom and bathroom both have built-in closets and plenty of natural light. There is also a cozy guest bedroom and a loft bedroom.

A short walk across one of several outdoor entertaining spaces is a welcoming guest cottage with vaulted exposed-beam ceilings, large windows, a statement stone fireplace, temperature-controlled wine storage, a kitchenette, and spacious full bath. This luxurious living space will have your guests regretful they didn't stay longer. An additional living space unique to this property, tucked away in another corner, is a custom-built gypsy caravan with a small sitting area, half bath and sleeping quarters.

The charm of 1401 East Pepper Lane goes beyond the fixtures and features presenting a true farmhouse lifestyle: morning coffee on the front porch, walking the dog down to the chicken coop to gather eggs for your morning omelette, picking avocados, citrus and vegetables for an afternoon salad, and evenings making pizzas and wonderful memories for the entire family. This is the home where the ultimate Montecito lifestyle is cultivated.

Last Agent to Sell the Property

Dan Encell

Berkshire Hathaway HomeServices California Properties License #00976141 Listed on: 01/20/2020

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Teresa Mc Williams

Coldwell Banker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,555

Year Built

  • Built in 1895

Lot Details

  • Fenced
  • Fruit Trees
  • Property is in excellent condition

Home Design

  • Cottage
  • Raised Foundation

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Multiple Fireplaces
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

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
  • Sewer Stub Out

Listing and Financial Details

  • Assessor Parcel Number 009-060-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,555

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1895
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • Architectural Style: Cal Cottage
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1895
  • Property Information Total #Units: 1
  • 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 ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Style Cal Cottage: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • View Setting2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Laundry Laundry Room2: Yes
  • Fireplace(s) LR: Yes
  • WaterSewer Sewer Hookup: Yes
  • Cooling Central Air: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Dining Room2: Yes
  • GroundsLandscaping Deck3: Yes
  • Foundation Raised: Yes
  • Cooling Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Dining Room, Other, 2+, LR

Exterior Features

  • View: Mountain(s), Setting
  • Exterior Features: Deck, Fruit Trees, Fenced: ALL
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes

Schools

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

Lot Info

  • Parcel #: 009-060-010
  • Zoning: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2020
Closed on
Jun 23, 2020
Sold by
Cassens Phillip Dean
Bought by
2852 Nichols Canyon Place Llc
Seller's Agent
Dan Encell
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Teresa Mc Williams
Coldwell Banker
List Price
$3,375,000
Sold Price
$3,175,000
Premium/Discount to List
-$200,000
-5.93%
Current Estimated Value
$5,906,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,731,901
Avg. Annual Appreciation
12.35%
Original Mortgage
$2,222,500
Outstanding Balance
$1,970,076
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$3,936,825

Purchase Details

Closed on
Oct 4, 2018
Sold by
Cassens Raphaelle Wunderman and Cassens Phillip D
Bought by
Cassens Phillip Dean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 29, 2009
Sold by
Daly John J and Daly Martha Anne Sullivan
Bought by
Cassens Raphaelle Wunderman and Cassens Philip D

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
5.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 30, 2009
Sold by
Daly John J and Daly Martha Anne
Bought by
Daly John J and Daly Martha Anne Sullivan

Purchase Details

Closed on
Jun 30, 2000
Sold by
Adler William Scott and Spreiter Janet Lynne
Bought by
Daly John J and Daly Martha Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
8%

Purchase Details

Closed on
Jun 8, 2000
Sold by
Adler William Scott and Spreiter Janet Lynne
Bought by
Adler William Scott and Spreiter Janet Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
8%

Purchase Details

Closed on
Dec 1, 1998
Sold by
Adler William Scott and Adler Janet Lynne
Bought by
Adler William Scott and Adler Janet Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
5.5%

Purchase Details

Closed on
Nov 15, 1996
Sold by
Adler William Scott and Adler Janet Lynne
Bought by
Adler William Scott and Adler Janet Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
8.3%

Purchase Details

Closed on
Oct 18, 1996
Sold by
Adler William Scott and Adler Janet Lynne
Bought by
Adler William Scott and Adler Janet Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
8.3%
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
2852 Nichols Canyon Place Llc $3,175,000 Chicago Title Company
Cassens Phillip Dean -- Stewart Title
Cassens Raphaelle Wunderman -- Chicago Title Company
Daly John J -- None Available
Daly John J -- Lawyers Title Company
Adler William Scott -- Lawyers Title Company
Adler William Scott -- Fidelity National Title Co
Adler William Scott -- Fidelity National Title Co
Adler William Scott -- Chicago Title Co
Adler William Scott -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2852 Nichols Canyon Place Llc $2,222,500
Previous Owner Cassens Phillip Dean $400,000
Previous Owner Cassens Raphaelle Wunderman $1,000,000
Previous Owner Daly John J $900,000
Previous Owner Adler William Scott $385,000
Previous Owner Adler William Scott $265,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2020 06/29/20 Sold $3,175,000 -5.9% $1,577 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
01/20/2020 01/20/20 For Sale $3,375,000 -- $1,677 / 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 $37,555 $3,549,174 $2,406,018 $1,143,156
2023 $37,555 $3,411,358 $2,312,591 $1,098,767
2022 $36,304 $3,344,470 $2,267,247 $1,077,223
2021 $34,833 $3,207,893 $2,222,792 $985,101
2020 $38,340 $3,547,318 $2,655,659 $891,659
2019 $37,398 $3,477,764 $2,603,588 $874,176
2018 $36,724 $3,409,574 $2,552,538 $857,036
2017 $36,026 $3,342,721 $2,502,489 $840,232
2016 $34,931 $3,277,178 $2,453,421 $823,757
2015 $34,295 $3,227,953 $2,416,569 $811,384
2014 -- $3,164,723 $2,369,232 $795,491
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-205

Santa Barbara Multiple Listing Service

APN: 009-060-010