NOT LISTED FOR SALE

150 La Vereda Rd Santa Barbara, CA 93108

Estimated Value: $7,462,000 - $8,650,000

5 Beds
4.5 Baths
3,950 Sq Ft
$2,014/Sq Ft Est. Value

Last Sold October 22, 2019

Last sale price $5,200,000 $1,316 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $47,024/month

149 Days on Market

Highlights

  • Guest House
  • Outdoor Pool
  • Updated Kitchen
  • Santa Barbara Senior High School Rated A-
  • Property is near an ocean
  • Fireplace in Primary Bedroom

About This Home

As of October 2019

Perfectly pairing old world charm with modern day amenities, this stunning Mediterranean architectural gem by Winsor Soule maintains its incredible privacy and serenity as well as historical integrity and original charm in Montecito's Hedgerow neighborhood. In an ideal location, only moments from Miramar Beach, the shops and restaurants of the upper and lower villages as well as Montecito Union, Laguna Blanca and Crane School. Main House 3 Bedrooms / 3.5 Baths / .5 Bath / Five Fireplaces / Pool / Guest House / 2 Bedrooms / 1 Bath / Office / Wine Cellar.

Last Agent to Sell the Property

Ashley McGowan

Berkshire Hathaway HomeServices California Properties License #00893030 / 02041055 Listed on: 04/08/2019

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Gregg Leach

Village Properties License #01005773

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1919

Lot Details

  • 1.3 Acre Lot
  • Gated Home
  • Partially Fenced Property
  • Level Lot
  • Lawn
  • Property is in excellent condition

Parking

  • Garage

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,950 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Library
  • Home Security System
  • Updated Kitchen
  • Laundry Room
  • Property Views
  • Basement

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom

Outdoor Features

  • Outdoor Pool
  • Property is near an ocean
  • Fireplace in Patio
  • Patio

Schools

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

Additional Features

  • Guest House
  • Property is near schools and shops
  • Forced Air Heating System

Community Details

  • Outside Pueblo Lands Community
  • 10 Hedgerow Subdivision

Listing and Financial Details

  • Exclusions: Potted Plants
  • Assessor Parcel Number 009-202-008

Home Details

Home Type

Single Family

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1919
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level
  • ResoSecurityFeatures: Gate:Elec, Security System
  • Subdivision Name: 10 - Hedgerow
  • Architectural Style: Medit
  • Reso Flooring: Hardwood, Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1919
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.3
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • LocationTopo Level: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Property Information Main House SqFt: 3950.0
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Office3: Yes
  • Dining Formal2: Yes
  • Amenities Guest House2: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • Location Info Development Name: Outside Pueblo Lands
  • Roof:Tile2: Yes
  • Style Medit2: Yes
  • Rooms LbryStudy: Yes
  • Fireplace(s) Patio3: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Primary Bedroom, Family Room, LR, Patio
  • Bedrooms Basement: Yes

Exterior Features

  • Roof: Tile
  • View: Setting
  • Construction Type: Stucco
  • Acres: 1.3
  • Topography: Level
  • Exclusions: Potted Plants
  • Exterior Features: Pool, Patio Open, Lawn, Fenced: PRT
  • Foundation Details: Mixed

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes

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 #: 009-202-008
  • Zoning: R-1
  • Lot Size Sq Ft: 56628.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2019
Closed on
Sep 16, 2019
Sold by
La Vereda Llc
Bought by
Douville Gamble Parks
Seller's Agent
Ashley McGowan
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Gregg Leach
Village Properties
List Price
$6,200,000
Sold Price
$5,200,000
Premium/Discount to List
-$1,000,000
-16.13%
Current Estimated Value
$7,953,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,753,891
Avg. Annual Appreciation
7.01%
Original Mortgage
$3,380,000
Outstanding Balance
$2,948,340
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$5,005,551

Purchase Details

Closed on
May 29, 2008
Sold by
Steffen John and Steffen Amy
Bought by
La Vereda Llc

Purchase Details

Closed on
Jun 5, 2006
Sold by
Friedman Bruce A and Friedman Sonia S
Bought by
Steffen John and Steffen Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 4, 1999
Sold by
Friedman Bruce and Friedman Sonia
Bought by
Friedman Bruce A and Friedman Sonia S

Purchase Details

Closed on
May 22, 1998
Sold by
Vangriffith Griffith and Griffith Christine
Bought by
Friedman Bruce and Friedman Soni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
6.75%

Purchase Details

Closed on
Oct 22, 1997
Sold by
Vangriffith Griffith and Griffith Christine Ingram
Bought by
Vangriffith Griffith and Griffith Christine Ingram

Purchase Details

Closed on
Jun 17, 1996
Sold by
Barker Michael D and Barker Janice H
Bought by
Griffith Van and Griffith Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.62%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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
Douville Gamble Parks $5,200,000 Fidelity National Title Co
La Vereda Llc -- Lawyers Title Company
Steffen John -- Lawyers Title Company
Friedman Bruce A -- --
Friedman Bruce -- Equity Title Company
Vangriffith Griffith -- --
Griffith Van -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Douville Gamble Parks $3,380,000
Previous Owner Steffen John $3,000,000
Previous Owner Friedman Bruce $1,200,000
Previous Owner Griffith Van $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2019 10/22/19 Sold $5,200,000 -16.1% $1,316 / Sq Ft
09/04/2019 09/04/19 Pending -- -- --
04/08/2019 04/08/19 For Sale $6,200,000 -- $1,570 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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 $57,751 $5,686,955 $2,187,290 $3,499,665
2023 $57,751 $5,466,125 $2,102,355 $3,363,770
2022 $55,726 $5,358,947 $2,061,133 $3,297,814
2021 $54,543 $5,253,870 $2,020,719 $3,233,151
2020 $53,976 $5,200,000 $2,000,000 $3,200,000
2019 $72,377 $7,006,104 $4,709,987 $2,296,117
2018 $70,959 $6,868,731 $4,617,635 $2,251,096
2017 $69,755 $6,734,051 $4,527,094 $2,206,957
2016 $67,706 $6,602,012 $4,438,328 $2,163,684
2014 $65,746 $6,375,465 $4,286,027 $2,089,438
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-1172

Santa Barbara Multiple Listing Service

APN: 009-202-008