NOT LISTED FOR SALE

1422 E Valley Rd Santa Barbara, CA 93108

Estimated Value: $6,307,000 - $8,164,320

5 Beds
5.5 Baths
3,502 Sq Ft
$2,085/Sq Ft Est. Value

Last Sold January 06, 2020

Last sale price $4,425,000 $1,264 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $42,089/month

64 Days on Market

Highlights

  • Guest House
  • Spa
  • Updated Kitchen
  • Santa Barbara Senior High School Rated A-
  • Estate
  • Fruit Trees

About This Home

As of January 2020

From the magnificent oak trees near its gated entry, to the lush and masterful gardens designed by renowned landscape architect Eric Nagelman, to the home and guest suites' Hampton-style elegance, this timeless estate will charm and delight at every corner of its 1.1 acres. A large, central outdoor patio connects the main house to the guest suites, offering both convenient proximity and privacy while entertaining or hosting. The fully fenced-in property, rolling lawns, and luxurious pool and spa are the perfect setting for quiet relaxation, or enjoying the company of pets and energetic kids or grandkids. The comfortable 3-bedroom home brings the serenity of the surrounding garden oasis to your doorstep, with French doors throughout leading to multiple outdoor patios. The stately entrance is enhanced by a quietly bubbling fountain and rose garden. Adjacent to the warm and welcoming great room is a gourmet kitchen, with a large central island and professional-grade appliances. An elegant dining room with wet bar leads to the formal living room, complete with a fireplace, arched ceilings, and more French doors opening to a trellised patio.

The beautiful master suite offers a comfortable sitting room with built-in bookcases, 2 en suite bathrooms, and French doors leading to the central patio. Two additional bedrooms share a bathroom at the other wing of the main home, and can also be utilized as an office or yoga studio. The guest suite is completely self-contained and features 3 bedrooms, 2 full bathrooms, a laundry room, and kitchenette.

This enchanting quintessential Montecito oasis fully embodies the charm and draw of the Montecito lifestyle, offering traditional, sophisticated living accommodations in a truly exquisite natural setting.

Last Agent to Sell the Property

Dustin Baker

Sotheby's International Realty License #01908615 Listed on: 09/23/2019

Sotheby's International Realty

Last Buyer's Agent

Christopher Kamen

TimeSaver Real Estate Auctions

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1939

Lot Details

  • 1.1 Acre Lot
  • Gated Home
  • Level Lot
  • Irrigation
  • Fruit Trees
  • Wooded Lot
  • Lawn
  • Property is in excellent condition
  • Property is zoned E-1

Home Design

  • Estate
  • Ranch Style House
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,502 Sq Ft Home
  • Wet Bar
  • Skylights
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Library
  • Mountain Views

Kitchen

  • Updated Kitchen
  • Breakfast Bar

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Remodeled Bathroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Direct Access Garage
  • Carport
  • Uncovered Parking

Pool

  • Spa
  • Outdoor Pool

Outdoor Features

  • Deck
  • Patio

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

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 011-200-007

Home Details

Home Type

Single Family

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Directions: North on San Ydisro Rd, Left on E Valley Rd. Turn right after 4 mailboxes at private lane. Continue to 1422 gate on the right.
  • Prop. Type: Residential
  • Year Built: 1939
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Gas Hookup, Laundry Room
  • ResoLotFeatures: Level, Near Public Transit
  • Road Frontage Type: Easement
  • ResoSecurityFeatures: Gate:Elec, Security System, Smoke Detector(s)
  • Architectural Style: Ranch, Estate
  • Carport Y N: Yes
  • Reso Flooring: Wood, Hardwood, Tile
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1939
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.1
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • ParkingGarage Unc #4: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • View Setting2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Breakfast Bar2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Amenities Skylight2: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • Security Smoke Detector(s)2: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • Property Information Main House SqFt: 3502.0
  • Style Estate2: Yes
  • Proximity Near Shopping2: Yes
  • Dining Formal2: Yes
  • Amenities Guest House2: Yes
  • Amenities Wet Bar2: Yes
  • Fireplace(s) Family Room3: Yes
  • Proximity Near Bus: Yes
  • GroundsLandscaping Wooded4: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • GroundsLandscaping Deck3: Yes
  • Laundry Gas Hookup2: Yes
  • FlrWdw Coverings Wood2: Yes
  • Rooms LbryStudy: Yes
  • ParkingGarage Cpt #22: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, LR

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Setting
  • Construction Type: Stucco
  • Acres: 1.1
  • Topography: Level
  • Exterior Features: Pool, Deck, Patio Open, SPA-Outside, Lawn, Fruit Trees, Wooded, Yard Irrigation PRT, Fenced: ALL
  • Foundation Details: Mixed

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #2, Cpt #2, Unc #4, Interior Access, Attached

Utilities

  • Cooling: 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 #: 011-200-007
  • Zoning: E-1
  • Lot Size Sq Ft: 47916.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2019
Closed on
Dec 5, 2019
Sold by
Ritvo Riva
Bought by
Schwob Robert Jean and Schwob Christine Helen
Seller's Agent
Dustin Baker
Sotheby's International Realty
Buyer's Agent
Christopher Kamen
TimeSaver Real Estate Auctions
List Price
$4,595,000
Sold Price
$4,425,000
Premium/Discount to List
-$170,000
-3.7%
Current Estimated Value
$7,303,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,878,080
Avg. Annual Appreciation
8.71%

Purchase Details

Closed on
Jan 3, 2013
Sold by
Ritvo Riva
Bought by
Ritvo Riva

Purchase Details

Closed on
Aug 16, 2007
Sold by
Slifka Alan B
Bought by
Ritvo Riva

Purchase Details

Closed on
Aug 25, 2006
Sold by
Swart Andrew D and Swart Frances A
Bought by
Slifka Alan B and Ritvo Riva

Purchase Details

Closed on
Sep 29, 2000
Sold by
Trustees, Vansicklen Fam Tr 11-2-84 Vansickle
Bought by
Swart Andrew D and Swart Frances A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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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
Schwob Robert Jean $4,425,000 Chicago Title Company
Ritvo Riva -- None Available
Ritvo Riva -- Land America Lawyers Title
Slifka Alan B -- Multiple
Swart Andrew D -- Chicago Title Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2020 01/06/20 Sold $4,425,000 -3.7% $1,264 / Sq Ft
11/26/2019 11/26/19 Pending -- -- --
09/23/2019 09/23/19 For Sale $4,595,000 -- $1,312 / 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 $46,807 $5,857,003 $2,406,018 $3,450,985
2023 $46,807 $3,052,619 $2,312,591 $740,028
2022 $50,395 $4,560,259 $2,267,247 $2,293,012
2021 $47,908 $4,470,843 $2,222,792 $2,248,051
2020 $47,446 $4,425,000 $2,500,000 $1,925,000
2019 $47,045 $4,407,000 $2,996,000 $1,411,000
2018 $49,437 $4,639,000 $3,154,000 $1,485,000
2017 $49,464 $4,639,000 $3,154,000 $1,485,000
2016 $46,636 $4,418,000 $3,004,000 $1,414,000
2014 $43,669 $4,125,000 $2,805,000 $1,320,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-3323

Santa Barbara Multiple Listing Service

APN: 011-200-007