NOT LISTED FOR SALE

1511 E Valley Rd Unit B Montecito, CA 93108

Estimated Value: $2,900,000 - $3,223,000

2 Beds
2 Baths
1,352 Sq Ft
1,307 Sq Ft Lot

Last Sold March 30, 2012

Last sale price $1,135,000 $839 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $18,887/month

428 Days on Market

Highlights

  • Outdoor Pool
  • Mountain View
  • Wood Flooring
  • Santa Barbara Senior High School Rated A-
  • Property is near park, schools, and shops
  • Cottage

About This Home

As of March 2012

Enchanting, sunny & romantic Montecito cottage/condo hidden down a private lane in the Upper Village. Part of a two-unit condo, this cottage is unique in that the only common area is a walkway. You own your land and swimming pool.

Last Agent to Sell the Property

Brook Ashley

Berkshire Hathaway HomeServices California Properties License #01027187 Listed on: 08/20/2011

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Kathleen St. James

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1956

Lot Details

  • 1,307

Parking

  • Garage

Home Design

  • Cottage
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,352 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Mountain Views
  • Stove

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Additional Features

  • Outdoor Pool
  • Property is in excellent condition
  • Property is near park, schools, and shops
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 007-560-002

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • 1511 E. Valley Road Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Association Transfer Fee: $0.00
  • Directions: Go east on East Valley Road just past the intersection with San Yisdro. Turn right immediately after the green #192 sign and mailboxes. Park by the tree in the circle.
  • Prop. Type: Residential
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Other
  • ResoLotFeatures: Level
  • Subdivision Name: Other
  • Architectural Style: Cal Cottage
  • Reso Flooring: Wood, Carpet
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Total #Units: 2
  • 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 Within City Limits: No
  • Condition Excellent: Yes
  • Style Cal Cottage: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Pool: Yes
  • View Setting2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Dining Dining Area2: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Proximity Near Shopping2: Yes
  • FlrWdw Coverings Carpet: Yes
  • Location Info Development Name: 1511 E. Valley Road
  • FlrWdw Coverings Wood2: Yes
  • Pets Yes: Yes
  • Assessor's Data Assessor Year Built: 1956.0
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Year Built: 1956

Interior Features

  • Appliances: Refrigerator, Dryer, Gas Stove, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: LR
  • Total Bedrooms: 4

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Setting
  • Construction Type: Stucco
  • Topography: Level
  • Exterior Features: Pool
  • Foundation Details: Slab

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • 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 #: 007-560-002
  • Zoning: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2023
Sold by
Savannah Evr Properties Llc
Bought by
Neuman Family Revocable Trust
Current Estimated Value
$3,070,804

Purchase Details

Closed on
Jul 21, 2021
Sold by
Benenate Becky
Bought by
Neuman Susan T

Purchase Details

Closed on
Jul 9, 2021
Sold by
Neuman James
Bought by
Neuman Susan T

Purchase Details

Closed on
Dec 10, 2019
Sold by
Pugllese Paul
Bought by
Benenate Becky

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 29, 2016
Sold by
Azod Armin
Bought by
Pugliese Paul

Purchase Details

Closed on
Aug 21, 2014
Sold by
Crumley Rodney Brooke
Bought by
Crumley Rodney Brooke

Purchase Details

Closed on
Aug 15, 2013
Sold by
Jevne Jack
Bought by
Crumley Rodney Brooke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 20, 2011
Closed on
Mar 23, 2012
Sold by
Watson H Scott and Watson Sherryden
Bought by
Jevne Jack
Seller's Agent
Brook Ashley
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Kathleen St. James
Berkshire Hathaway HomeServices California Properties
List Price
$1,495,000
Sold Price
$1,135,000
Premium/Discount to List
-$360,000
-24.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.48%

Purchase Details

Closed on
May 16, 2000
Sold by
Scott Watson H and Scott Sherryden
Bought by
Watson H Scott and Watson Sherryden

Purchase Details

Closed on
Jul 12, 1995
Sold by
Campbell Edward H
Bought by
Watson H Scott and Watson Sherryden

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
7.74%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Neuman Family Revocable Trust -- --
Neuman Susan T $5,100,000 Chicago Title
Neuman Susan T -- Chicago Title
Benenate Becky $1,850,000 First American Title Company
Pugliese Paul $1,425,000 First American Title Company
Crumley Rodney Brooke -- None Available
Crumley Rodney Brooke $1,300,000 First American Title Company
Jevne Jack $1,135,000 First American Title
Watson H Scott -- --
Watson H Scott $335,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Benenate Becky $250,000
Previous Owner Crumley Rodney Brooke $800,000
Previous Owner Watson H Scott $268,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/30/2012 03/30/12 Sold $1,135,000 0.0% $839 / Sq Ft
03/30/2012 03/30/12 Sold $1,135,000 -24.1% $839 / Sq Ft View Prior Sale
03/07/2012 03/07/12 Pending -- -- --
03/07/2012 03/07/12 Pending -- -- --
01/04/2011 01/04/11 For Sale $1,495,000 0.0% $1,106 / Sq Ft
01/04/2011 01/04/11 For Sale $1,495,000 -- $1,106 / 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 $33,955 $3,289,744 $2,122,416 $1,167,328
2023 $33,955 $2,207,583 $1,276,086 $931,497
2022 $32,801 $3,100,000 $2,000,000 $1,100,000
2021 $20,049 $1,869,166 $1,212,432 $656,734
2020 $16,371 $1,512,221 $1,061,208 $451,013
2019 $16,059 $1,482,570 $1,040,400 $442,170
2018 $15,758 $1,453,500 $1,020,000 $433,500
2017 $15,455 $1,425,000 $1,000,000 $425,000
2016 $14,417 $1,346,194 $931,981 $414,213
2014 $13,924 $1,300,000 $900,000 $400,000
Source: Public Records

Agents Affiliated with this Home

  • Brook Ashley

    Seller's Agent in 2012

    Brook Ashley

    Berkshire Hathaway HomeServices California Properties

    (805) 689-0480

    3 Total Sales

    Brook Ashley
    Section Image

  • K

    Buyer's Agent in 2012

    Kathleen St. James

    Berkshire Hathaway HomeServices California Properties

  • s

    Buyer's Agent in 2012

    sbr.rets.8875

    sbr.rets.RETS_OFFICE

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 11-17

Santa Barbara Multiple Listing Service

APN: 007-560-002

California Santa Barbara County Montecito 93108

1511 E Valley Rd Unit B, Montecito, CA

Not Listed for Sale

Condos

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