NOT LISTED FOR SALE

1434 School House Rd Santa Barbara, CA 93108

Estimated Value: $3,357,000 - $4,376,000

3 Beds
2.5 Baths
1,594 Sq Ft
$2,509/Sq Ft Est. Value

Last Sold November 24, 2021

Last sale price $2,850,000 $1,788 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $24,432/month

8 Days on Market

Highlights

  • Art Studio
  • Property is near an ocean
  • Fireplace in Primary Bedroom
  • Santa Barbara Senior High School Rated A-
  • Updated Kitchen
  • 3-minute walk to Manning Park

About This Home

As of November 2021

Ideally situated in the heart of Montecito, adjacent to the Upper Village, lies this updated Spanish cottage. Located next to the private neighborhood entrance to Upper Manning Park and the award-winning Montecito Union School. Unique to Montecito, this neighborhood is the type in which neighbors passing by take a moment to stop and say hello. The owners have fond memories of meeting friends on the school playground, climbing trees and playing tennis in Manning Park, and cutting through the park for ice cream in the Upper Village. Truly a wonderful location for all ages.

For the past 56 years this home was the residence of local artist Dorothy McKenzie. The grand living room, with its vaulted ceilings and an abundance of natural light, was ideal for Dorothy to display her paintings and sculptures which decorate the walls today. This home offers buyers authentic 1920s Spanish charm with traditional oak hardwood floors, red tile roof and built-in cabinetry. Two driveways offer ample parking for the homeowner and their guests.

Included with the main residence is an art studio with attached gallery room and private full bathroom, which has endless potential. Also included are three storage sheds and a meditation gazebo.

Last Agent to Sell the Property

Ryan Strehlow

Coldwell Banker Realty Listed on: 10/05/2021

Last Buyer's Agent

Trey Evans

Richardson Real Estate Services, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,162

Year Built

  • Built in 1927

Lot Details

  • Partially Fenced Property
  • Level Lot
  • Irrigation
  • Drought Tolerant Landscaping
  • Property is in excellent condition

Parking

  • Carport

Home Design

  • Cottage
  • Raised Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,594 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Formal Dining Room
  • Open Floorplan
  • Art Studio
  • Property Views

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Gas Range

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Property is near an ocean
  • Deck
  • Patio
  • Gazebo

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Schools

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

Utilities

  • Sewer Stub Out

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 009-060-056

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,162

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Directions: Located on the corner of School House Road and Pimiento Lane, 1 block from Montecito Union School and 100 yards from neighborhood entrance to Upper Manning Park.
  • Prop. Type: Residential
  • Year Built: 1927
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Gas Hookup, Common Area, Laundry Room
  • ResoLotFeatures: Level, Near Public Transit
  • Architectural Style: Cal Cottage
  • Carport Y N: Yes
  • Reso Flooring: Carpet, Hardwood, Tile
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Other Structures: Other
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1927
  • Property Information Total #Units: 1
  • 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
  • Condition Excellent: Yes
  • Style Cal Cottage: Yes
  • Construction Single Story2: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Drought Tolerant LND2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Gas Range2: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Property Information Main House SqFt: 1594.0
  • Proximity Near Shopping2: Yes
  • Rooms Art Studio2: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Dining In Kitchen4: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Proximity Near Bus: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • FlrWdw Coverings Carpet: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • GroundsLandscaping Deck3: Yes
  • ParkingGarage Cpt #12: Yes
  • Laundry Gas Hookup2: Yes
  • Property Information Apx Lot Size FxD: 13,068
  • Foundation Raised: Yes
  • Laundry Common Area2: Yes
  • Dining In Living Room2: Yes
  • GroundsLandscaping Gazebo2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Range
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Primary Bedroom

Exterior Features

  • Roof: Tile
  • View: Setting
  • Construction Type: Stucco
  • Topography: Level
  • Exterior Features: Other, Deck, Patio Open, Gazebo, Yard Irrigation PRT, Fenced: PRT, Drought Tolerant LND
  • Foundation Details: Raised, Mixed

Garage/Parking

  • Attached Garage: No
  • Parking Features: Cpt #1

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 #: 009-060-056
  • Zoning: Other
  • ResoLotSizeUnits: Apx Lot Size FxD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2021
Closed on
Nov 24, 2021
Sold by
Ellis Mckenzie Dorothy
Bought by
Mckenzie Family Trust
Seller's Agent
Ryan Strehlow
Coldwell Banker Realty
Buyer's Agent
Trey Evans
Richardson Real Estate Services, Inc.
List Price
$2,250,000
Sold Price
$2,850,000
Premium/Discount to List
$600,000
26.67%
Current Estimated Value
$3,999,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,149,801
Avg. Annual Appreciation
9.43%
Original Mortgage
$2,137,500
Outstanding Balance
$2,041,588
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$1,958,213

Purchase Details

Listed on
Oct 5, 2021
Closed on
Nov 4, 2021
Sold by
Mckenzie Douglas and Smith Sheelah
Bought by
Parton Raan D and Parton Lindsay K
Seller's Agent
Ryan Strehlow
Coldwell Banker Realty
Buyer's Agent
Trey Evans
Richardson Real Estate Services, Inc.
List Price
$2,250,000
Sold Price
$2,850,000
Premium/Discount to List
$600,000
26.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,137,500
Outstanding Balance
$2,041,588
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$1,958,213

Purchase Details

Closed on
Jan 17, 1995
Sold by
Mckenzie James and Mckenzie Dorothy Ellis
Bought by
Mckenzie James and Mckenzie Dorothy E
Source: Public Records

Range of Values:

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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
Mckenzie Family Trust -- --
Parton Raan D $2,850,000 Fidelity National Title Co
Mckenzie James -- --
Mckenzie James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parton Raan D $675,500
Closed Parton Raan D $550,000
Closed Parton Raan D $500,000
Open Parton Raan D $2,137,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2021 11/24/21 Sold $2,850,000 +26.7% $1,788 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
10/05/2021 10/05/21 For Sale $2,250,000 -- $1,412 / 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 $32,162 $3,024,442 $1,750,993 $1,273,449
2023 $32,162 $2,907,000 $1,683,000 $1,224,000
2022 $31,055 $2,850,000 $1,650,000 $1,200,000
2021 $2,692 $112,064 $52,068 $59,996
2020 $2,679 $110,916 $51,535 $59,381
2019 $2,599 $108,742 $50,525 $58,217
2018 $2,576 $106,611 $49,535 $57,076
2017 $2,456 $104,521 $48,564 $55,957
2016 $2,368 $102,472 $47,612 $54,860
2014 $2,136 $98,957 $45,979 $52,978
Source: Public Records

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 21-3696

Santa Barbara Multiple Listing Service

APN: 009-060-056