NOT LISTED FOR SALE

1463 Hosmer Ln Santa Barbara, CA 93108

Estimated Value: $4,030,081 - $4,910,000

3 Beds
2 Baths
1,798 Sq Ft
$2,512/Sq Ft Est. Value

Last Sold April 24, 2024

Last sale price $4,123,500 $2,293 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $26,726/month

11 Days on Market

Highlights

  • Property is near an ocean
  • Mountain View
  • Cathedral Ceiling
  • Santa Barbara Senior High School Rated A-
  • Property is near a park
  • 4-minute walk to Manning Park

About This Home

As of April 2024

This captivating retreat nestled in the heart of Montecito is a spacious single-family cottage. It's timeless character creates an enchanting living experience in an incredible location. Situated on the very private street of Hosmer Lane, the charming country cottage is discreetly tucked away, offering a tranquil haven amid Montecito's Upper Village. The front porch welcomes you home, setting the tone for the warm and inviting atmosphere that awaits within. Step out to a lush backyard, perfect for outdoor living. It boasts a picturesque half-acre lot, adorned with manicured mature trees. Convenience meets luxury with its proximity to the Upper Village, where shopping and dining are steps away. PLEASE don't disturb occupant, and please do not go onto property without an appointment. ALL OFFERS must be SUBMITTED by Monday March 25th, 2024 by 5pm

Last Agent to Sell the Property

Meredith Kramer

Kenson Realty Partners Listed on: 03/07/2024

Co-Listed By

Jeremy Hernandez

eXp Realty of Greater Los Angeles, Inc. License #02088235

Last Buyer's Agent

Jason Siemens

Sotheby's International Realty License #01886104

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,362

Year Built

  • Built in 1953

Lot Details

  • 0.53 Acre Lot
  • Cul-De-Sac
  • Fenced
  • Level Lot
  • Lawn
  • Property is in excellent condition

Home Design

  • Cottage
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,798 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Family Room with Fireplace
  • Dining Area
  • Wood Flooring
  • Mountain Views
  • Home Security System

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Parking

  • Attached Garage
  • 3 Open Parking Spaces
  • Driveway

Outdoor Features

  • Property is near an ocean
  • Patio

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

  • Forced Air Heating and Cooling System
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 009-060-048

Community Details

Overview

  • No Home Owners Association
  • 10 Hedgerow Subdivision

Amenities

  • Restaurant

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,362

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1953
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: In Garage
  • ResoLotFeatures: Level, Cul-De-Sac, Near Public Transit
  • ResoSecurityFeatures: Security System
  • Co List Office Mls Id: EXPREGLA
  • Co List Office Phone: 888-652-1314
  • Subdivision Name: 10 - Hedgerow
  • Architectural Style: Cal Cottage
  • Reso Flooring: Hardwood
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1953
  • Property Information Apx # Acres: 0.53
  • 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
  • Site Improvements Underground Util: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Style Cal Cottage: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Dining Dining Area2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Security Security System: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Cooling Central Air: Yes
  • Property Information Main House SqFt: 1798.0
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Fireplace(s) Family Room3: Yes
  • Proximity Near Bus: Yes
  • ParkingGarage Total # Uncovered Spaces: 3.0
  • Laundry In Garage2: Yes
  • Electric All Electric: Yes
  • GroundsLandscaping Permeable Driveway2: Yes
  • LocationTopo Cul-De-Sac2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Dishwasher, Dryer, Microwave, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Total Bedrooms: 8

Exterior Features

  • Roof: Composition
  • View: Mountain(s)
  • Construction Type: Wood Siding
  • Acres: 0.53
  • Topography: Level
  • Exterior Features: Patio Open, Lawn, Fenced: ALL, Permeable Driveway
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: Yes
  • Open Parking Spaces: 3.0
  • Parking Features: Gar #2, Attached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Utilities: Underground Util
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

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 #: 009-060-048
  • Zoning: R-1
  • Lot Size Sq Ft: 23086.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2024
Closed on
Apr 16, 2024
Sold by
Hoyt Raymond Steve
Bought by
Pierre And Julie Jospe Living Trust and Jospe
Seller's Agent
Meredith Kramer
Kenson Realty Partners
Buyer's Agent
Jason Siemens
Sotheby's International Realty
List Price
$4,315,000
Sold Price
$4,123,500
Premium/Discount to List
-$191,500
-4.44%
Views
94
Current Estimated Value
$4,517,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$393,520
Avg. Annual Appreciation
7.21%
Original Mortgage
$4,141,038
Outstanding Balance
$4,085,821
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$431,199

Purchase Details

Closed on
Jan 26, 2006
Sold by
Hoyt Raymond Steve
Bought by
Hoyt Raymond Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,153,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 2004
Sold by
Dominic Hoyt Andrea Lynne
Bought by
Hoyt Raymond Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
4.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 2004
Sold by
Marsch Sydney and Marsch Mary Anne
Bought by
Hoyt Raymond Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
4.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 2001
Sold by
Brown Deborah A
Bought by
Brown Michael Gregory and Brown Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.14%

Purchase Details

Closed on
Oct 16, 2001
Sold by
Brown Gregory
Bought by
Brown Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.14%

Purchase Details

Closed on
Oct 4, 2001
Sold by
Brown Michael Gregory and Brown Deborah A
Bought by
Marsch Sydney and Marsch Mary Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.14%

Purchase Details

Closed on
Sep 27, 2001
Sold by
Mothers Hope Inc
Bought by
Brown Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.14%

Purchase Details

Closed on
Jul 23, 1999
Sold by
Brown Deborah A
Bought by
Morthers Hope Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 11, 1999
Sold by
Brown Michael G
Bought by
Brown Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 2, 1994
Sold by
Sheffield Barbara S
Bought by
Brown Michael G and Brown Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,570
Interest Rate
5.5%
Source: Public Records

Range of Values:

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Average Value
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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
Pierre And Julie Jospe Living Trust $4,133,000 Chicago Title Company
Hoyt Raymond Steve -- Fidelity National Title Co
Hoyt Raymond Steve -- First American Title Company
Hoyt Raymond Steve -- First American Title Company
Brown Michael Gregory -- First American Title Co
Brown Deborah A -- First American Title Co
Marsch Sydney -- First American Title Co
Brown Deborah A -- First American Title
Morthers Hope Inc -- --
Brown Deborah A -- American Title Co
Brown Michael G $430,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jospe Pierre $4,141,038
Previous Owner Hoyt Raymond Steve $1,231,000
Previous Owner Hoyt Raymond Steve $250,000
Previous Owner Hoyt Raymond Steve $150,000
Previous Owner Hoyt Raymond Steve $1,120,000
Previous Owner Hoyt Raymond Steve $729,750
Previous Owner Hoyt Raymond Steve $434,250
Previous Owner Hoyt Raymond Steve $1,153,000
Previous Owner Hoyt Raymond Steve $1,100,000
Previous Owner Hoyt Raymond Steve $1,100,000
Previous Owner Marsch Sydney $1,000,000
Previous Owner Marsch Sydney $188,000
Previous Owner Marsch Sydney $500,000
Previous Owner Brown Deborah A $100,000
Previous Owner Brown Michael G $386,570
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2024 04/24/24 Sold $4,123,500 -4.4% $2,293 / Sq Ft
03/19/2024 03/19/24 Pending -- -- --
03/07/2024 03/07/24 For Sale $4,315,000 -- $2,400 / 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 $25,362 $2,531,458 $1,505,850 $1,025,608
2023 $25,362 $2,264,416 $1,503,237 $761,179
2022 $24,521 $2,220,016 $1,473,762 $746,254
2021 $20,982 $1,881,000 $1,176,000 $705,000
2020 $19,221 $1,710,000 $1,069,000 $641,000
2019 $19,118 $1,710,000 $1,069,000 $641,000
2018 $20,045 $1,800,000 $1,125,000 $675,000
2017 $19,994 $1,800,000 $1,125,000 $675,000
2016 $18,860 $1,714,000 $1,071,000 $643,000
2014 $20,894 $1,921,835 $1,275,813 $646,022
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 24-682

Santa Barbara Multiple Listing Service

APN: 009-060-048