NOT LISTED FOR SALE

1508 E Mountain Dr Santa Barbara, CA 93108

Estimated Value: $3,821,000 - $10,517,954

5 Beds
4.5 Baths
2,249 Sq Ft
$3,494/Sq Ft Est. Value

Last Sold February 05, 2019

Last sale price $4,800,000 $2,134 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $45,645/month

365 Days on Market

Highlights

  • Ocean View
  • Guest House
  • Spa
  • Santa Barbara Senior High School Rated A-
  • Greenhouse
  • Solar Power System

About This Home

As of February 2019

INCREDIBLE MONTECITO VALUE: Sensational listing located in the prime East Mountain Drive corridor since 1959 as envisioned by renowned architect John S. Van Bergen for his own family.

Situated on 2.86 acres on a promenade of rock outcroppings overlooking the entire Montecito Valley with expansive and impressive Pacific Ocean and Channel Island views from the circular living room.

The main house features formal living room, circular view terrace room, kitchen with garden views, formal dining room with views in all directions, four bedrooms and 3.5 bathrooms, laundry mudroom and two car garage.

The Guest House offers living room, kitchen , one bedroom, one bathroom and two car garage.

Last Agent to Sell the Property

The Morehart Group

Compass Listed on: 11/21/2017

Co-Listed By

Susan Pate

Compass License #01130349

Last Buyer's Agent

mitchell morehart

Compass License #00828316

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 2.86 Acre Lot
  • Partially Fenced Property
  • Fruit Trees
  • Property is in good condition

Parking

  • Garage

Property Views

  • Ocean
  • Panoramic
  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2-Story Property
  • Multiple Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Breakfast Bar

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom

Laundry

  • Laundry in Garage
  • Washer

Pool

  • Spa
  • Outdoor Pool

Outdoor Features

  • Patio
  • Greenhouse
  • Separate Outdoor Workshop
  • Shed

Schools

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

Utilities

  • Water Softener is Owned
  • Septic System

Additional Features

  • Solar Power System
  • Guest House
  • Property is near schools and shops

Community Details

  • 2 Units
  • San Ysidro Hills Community
  • Foothills

Listing and Financial Details

  • Exclusions: Chandelier
  • Assessor Parcel Number 011-070-016

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Directions: DO NOT GO ONTO THE PROPERTY WITHOUT AN APPOINTMENT. Contact Susan Pate 805-895-9385 or Cristal Clarke 805-886-9378
  • Prop. Type: Residential
  • Year Built: 1955
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: In Garage
  • Co List Office Mls Id: COMPCA4
  • Co List Office Phone: 805-253-7700
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Shed(s), Work Shop, Greenhouse
  • Reso Property Condition: Good
  • Property Information Year Built2: 1955
  • Property Information Total #Units: 2
  • Property Information Apx # Acres: 2.86
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • Property Information Within City Limits: No
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Dining Breakfast Bar2: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Dining Formal2: Yes
  • Amenities Guest House2: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Condition Good2: Yes
  • Style:Contemporary2: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • Other Buildings Work Shop2: Yes
  • Fireplace(s):_two_3: Yes
  • WaterSewer Septic In: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • Location Info Development Name: San Ysidro Hills
  • GroundsLandscaping Hot Tub2: Yes
  • Other Buildings Shed: Yes
  • ViewOcean: Yes
  • Laundry In Garage2: Yes
  • Amenities Solar PV2: Yes
  • Appliances Included Wtr SoftenerOwned: Yes
  • ParkingGarage Gar #4: Yes
  • LocationTopo Foothills2: Yes
  • Other Buildings Greenhouse2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer, Wtr Softener/Owned
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Primary Bedroom, 2, LR
  • Total Bedrooms: 10

Exterior Features

  • Roof: Other
  • View: Mountain(s), Ocean, Setting, Panoramic
  • Acres: 2.86
  • Topography: Foothills
  • Exclusions: Chandelier
  • Exterior Features: Pool, Patio Open, SPA-Outside, Hot Tub, Fruit Trees, Fenced: PRT

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #4

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 #: 011-070-016
  • Zoning: R-1
  • Lot Size Sq Ft: 124581.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2020
Sold by
Hth Mountain Drive Llc
Bought by
Thomas R Maier Revocable Trust and Maier
Current Estimated Value
$7,858,489

Purchase Details

Closed on
Dec 5, 2018
Sold by
Ertegun Selma and Sekban Ali M
Bought by
Hth Mountain Drive Llc

Purchase Details

Closed on
Dec 21, 2015
Sold by
Sekban Gerda
Bought by
Ertegun Selma and Sekban Ali M

Purchase Details

Closed on
Dec 22, 2014
Sold by
Sekban Gerda
Bought by
Ertegun Selma and Sekban Ali M

Purchase Details

Closed on
Dec 23, 2013
Sold by
Sekban Gerda
Bought by
Ertegun Selma and Sekban Ali M

Purchase Details

Closed on
Dec 18, 2012
Sold by
Sekban Gerda
Bought by
Ertegun Selma and Sekban Ali M

Purchase Details

Closed on
Dec 14, 2011
Sold by
Sekban Gerda
Bought by
Ertegun Selma and Sekban Ali M

Purchase Details

Closed on
Dec 7, 2010
Sold by
Sekban Gerda
Bought by
Ertegun Selma and Sekban Ali M

Purchase Details

Closed on
Dec 15, 2009
Sold by
Sekban Gerda
Bought by
Ertegun Selma and Sekban Ali M

Purchase Details

Closed on
Dec 22, 2008
Sold by
Sekban Gerda
Bought by
Ertegun Selma and Sekban Ali M

Purchase Details

Closed on
Dec 19, 2007
Sold by
Sekban Gerda
Bought by
Ertegun Selma and Sekban Ali M

Purchase Details

Closed on
Dec 13, 2006
Sold by
Sekban Gerda
Bought by
Ertegun Selma and Sekban Ali M

Purchase Details

Closed on
Dec 1, 2005
Sold by
Sekban Gerda
Bought by
Ertegun Selma and Sekban Ali M

Purchase Details

Closed on
Dec 20, 2004
Sold by
Sekban Gerda
Bought by
Ertegun Selma and Sekban Ali M
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
Thomas R Maier Revocable Trust $6,400,000 Chicago Title
Hth Mountain Drive Llc $4,800,000 Chicago Title Co
Ertegun Selma -- None Available
Ertegun Selma -- None Available
Ertegun Selma -- None Available
Ertegun Selma -- None Available
Ertegun Selma -- None Available
Ertegun Selma -- None Available
Ertegun Selma -- None Available
Ertegun Selma -- None Available
Ertegun Selma -- None Available
Ertegun Selma -- None Available
Ertegun Selma -- --
Ertegun Selma -- --
Sekban Gerda -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2019 02/05/19 Sold $4,800,000 -23.2% $2,134 / Sq Ft
11/21/2018 11/21/18 Pending -- -- --
11/21/2017 11/21/17 For Sale $6,250,000 -- $2,779 / 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 $54,633 $7,427,400 $5,070,944 $2,356,456
2023 $54,633 $4,784,123 $4,681,800 $102,323
2022 $67,592 $6,528,000 $4,590,000 $1,938,000
2021 $66,152 $6,400,000 $4,500,000 $1,900,000
2020 $50,650 $4,896,000 $4,080,000 $816,000
2019 $9,769 $932,950 $358,317 $574,633
2018 $9,579 $914,658 $351,292 $563,366
2017 $9,345 $896,724 $344,404 $552,320
2016 $9,111 $879,142 $337,651 $541,491
2015 $8,993 $865,938 $332,580 $533,358
2014 $8,848 $848,977 $326,066 $522,911
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    The Morehart Group

    Compass

  • Susan Pate

    Seller Co-Listing Agent in 2019

    Susan Pate

    Compass

    (805) 895-9385

    2 in this area

    15 Total Sales

    Susan Pate
    Section Image

  • m

    Buyer's Agent in 2019

    mitchell morehart

    Compass

    (805) 689-7233

    1 in this area

    10 Total Sales

    mitchell morehart
    Section Image
See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 17-3825

Santa Barbara Multiple Listing Service

APN: 011-070-016

California Santa Barbara County Santa Barbara 93108

1508 E Mountain Dr, Santa Barbara, CA

Not Listed for Sale

Detached

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