NOT LISTED FOR SALE

1415 Wyant Rd Santa Barbara, CA 93108

Estimated Value: $8,525,000 - $9,125,000

0.53 Acre
$16,650,357 Price per Acre
23,087 Sq Ft Lot

Last Sold July 16, 2014

Last sale price $1,600,000 $1,709 Per Sq Ft

Est. 452% increase in value since last sale

Current estimated payment $51,707/month

28 Days on Market

Highlights

  • Property is near an ocean
  • Property is near a park
  • Views
  • Santa Barbara Senior High School Rated A-

About This Lot

As of July 2014

Hedgerow Opportunity! First time available since property was originally developed in 1916. Prime Montecito Location in the MUS School District. Current structure is livable but suffers from obsolescence. Highest and best use would be to tear down the current structure and rebuild the Home of your Dreams. Property has been priced accordingly.

Last Agent to Sell the Property

Jan Sanderlin

Jan Sanderlin, Broker License #00979138 Listed on: 05/21/2014

Last Buyer's Agent

McGuire|Westlotorn

Coldwell Banker Realty License #01061042

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $60,697

Lot Details

  • 0.53 Acre Lot
  • Property is zoned E-1

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

  • Gas Available
  • Phone Available
  • Cable TV Available

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 009-140-038

Community Details

Overview

  • 10 Hedgerow Subdivision

Recreation

  • Property is near an ocean

Property Details

Property Type

Land

Est. Annual Taxes

$60,697

Lot Details

0

Listing Details

  • Directions: from 101 to San Ysidro Road, then left on Wyant Rd. Cluster of 3 mail boxes located on left, proceed down shard driveway, cautiously.
  • Prop. Type: Land
  • Miscellaneous Pad Size: unknown
  • Reso Property Sub Type: Residential/SFR
  • ResoLotFeatures: Other
  • Road Frontage Type: Easement
  • Subdivision Name: 10 - Hedgerow
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Utility Info Water: Yes
  • Site Improvements Electric4: Yes
  • Site Improvements Telephone3: Yes
  • Site Improvements Util At Site: Yes
  • Utility Info Electric2: Yes
  • Utility Info Sewer: Yes
  • Utility Info Telephone2: Yes
  • Utility Info Cable2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 22878.0
  • View Other27: Yes
  • Utility Info Gas6: Yes
  • Site Improvements Gas7: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Other
  • Acres: 0.53

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 #: 009-140-038
  • Zoning: E-1
  • Lot Size Sq Ft: 22878.0
  • ResoLotSizeUnits: Square Feet
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2019
Sold by
Burtness Peter J and Burtness Annie B
Bought by
Burtness Peter J and Burtness Annie B
Current Estimated Value
$8,824,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,710,000
Outstanding Balance
$2,382,572
Interest Rate
4.3%
Mortgage Type
Construction
Estimated Equity
$6,442,117

Purchase Details

Closed on
Aug 14, 2018
Sold by
Burtness Peter J and Burtness Annie B
Bought by
Burtness Peter J and Burtness Annie B

Purchase Details

Listed on
May 21, 2014
Closed on
Jul 2, 2014
Sold by
Zuckerman Katherine
Bought by
Burtness Peter J and Roberts Annie B
Seller's Agent
Jan Sanderlin
Jan Sanderlin, Broker
Buyer's Agent
McGuire|Westlotorn
Coldwell Banker Realty
List Price
$1,625,000
Sold Price
$1,600,000
Premium/Discount to List
-$25,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.36%
Original Mortgage
$1,200,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 1998
Sold by
Wyant Raymond L and Wyant Joan C
Bought by
Wyant Raymond L and Wyant Joan C
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
Burtness Peter J -- First American Title
Burtness Peter J -- None Available
Burtness Peter J $1,600,000 First American Title Company
Wyant Raymond L -- --
Wyant Raymond L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burtness Peter J $2,710,000
Previous Owner Burtness Peter J $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2014 07/16/14 Sold $1,600,000 -1.5% $1,709 / Sq Ft
06/18/2014 06/18/14 Pending -- -- --
05/21/2014 05/21/14 For Sale $1,625,000 -- $1,736 / 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 $60,697 $5,772,431 $2,048,969 $3,723,462
2023 $60,697 $5,548,282 $1,969,406 $3,578,876
2022 $40,578 $3,762,042 $1,933,732 $1,828,310
2021 $31,684 $2,906,512 $1,888,757 $1,017,755
2020 $30,010 $2,743,297 $1,870,826 $872,471
2019 $21,501 $1,933,822 $1,836,889 $96,933
2018 $18,985 $1,690,022 $1,663,617 $26,405
2017 $18,588 $1,656,886 $1,630,998 $25,888
2016 $18,017 $1,624,399 $1,599,018 $25,381
2014 $2,046 $82,960 $59,979 $22,981
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 14-1630

Santa Barbara Multiple Listing Service

APN: 009-140-038