NOT LISTED FOR SALE

1517 E Valley Rd Unit B Santa Barbara, CA 93108

Estimated Value: $3,691,000 - $4,634,862

3 Beds
3.5 Baths
2,474 Sq Ft
$417/mo HOA Fee

Last Sold September 01, 2022

Last sale price $3,500,000 $1,415 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $24,518/month

4 Days on Market

Highlights

  • Property is near an ocean
  • Craftsman Architecture
  • Property is near park, public transit, schools, shops, and bus stop
  • Santa Barbara Senior High School Rated A-
  • Fireplace in Primary Bedroom
  • Wooded Lot

About This Home

As of September 2022

Down a private lane and just a few steps away from restaurants and shopping in Montecito's Upper Village, this Craftsman style condo is very well appointed with high ceilings, hardwood floors, upscale kitchen and large living room with fireplace which opens to a large dining room. All bedrooms are en suite and the primary bedroom has a fireplace, large bathroom with shower and tub, private patio and high ceilings. One of two condos built in 2004, each has a private back yard, two car garage, a guest bedroom downstairs, and primary and secondary bedrooms upstairs.

Last Agent to Sell the Property

John Henderson

Village Properties License #00780607 Listed on: 08/12/2022

Last Buyer's Agent

Nancy Kogevinas

Berkshire Hathaway HomeServices California Properties License #01209514

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2004

Lot Details

  • End Unit
  • Back Yard Fenced
  • Irrigation
  • Wooded Lot
  • Lawn
  • Property is in excellent condition

HOA Fees

  • $417 Monthly HOA Fees

Home Design

  • Craftsman Architecture
  • Raised Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,474 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Multiple Fireplaces
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Home Security System
  • Property Views

Kitchen

  • Built-In Oven
  • Built-In Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • 220 Volts In Laundry

Parking

  • Garage
  • Open Parking

Outdoor Features

  • Property is near an ocean
  • Enclosed Patio or Porch

Location

  • Property is near park, public transit, schools, shops, and bus stop

Schools

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

Utilities

  • Forced Air Heating System
  • Sewer Stub Out
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 007-590-002

Community Details

Overview

  • Association fees include insurance
  • 2 Buildings
  • 2 Units
  • Montecito Village Th Community

Additional Features

  • Restaurant
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 2004

Lot Details

0

HOA Fees

$417 per month

Listing Details

  • Association Fee: $5,000 annually
  • Directions: From 101 Fwy take San Ysidro exit and head North on San Ysidro Road to East Valley Road. Turn right and right again. 1517 is down a lane on your left.
  • Prop. Type: Residential
  • Year Built: 2004
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: 220V Elect, Laundry Room
  • ResoLotFeatures: Level, Near Public Transit
  • Road Frontage Type: Easement
  • ResoSecurityFeatures: Security System, Smoke Detector(s)
  • Reso Association Fee Includes: Insurance
  • Architectural Style: Craftsman
  • Reso Flooring: Carpet, Hardwood
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2004
  • Property Information Total #Units: 2
  • 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
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security Smoke Detector(s)2: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Property Information Main House SqFt: 2474.0
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Rooms Office3: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Proximity Near Bus: Yes
  • GroundsLandscaping Wooded4: Yes
  • Fireplace(s):_two_3: Yes
  • FlrWdw Coverings Carpet: Yes
  • Location Info Development Name: Montecito Village TH
  • Roof:Tile2: Yes
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • GroundsLandscaping Fenced BCK: Yes
  • CondoCO-OPPUD Attached7: Yes
  • Laundry:_two_20V Elect2: Yes
  • Site Improvements Cable TV3: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Foundation Raised: Yes
  • Rooms Patio Enclosed2: Yes
  • CondoCO-OPPUD End Unit: Yes
  • WaterSewer Meter In: Yes
  • Style Craftsman2: Yes
  • ParkingGarage Unc #22: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Refrigerator, Gas Range, Oven/Rnge/Blt-In, Dishwasher, Disposal, Dryer, Gas Stove, Microwave, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Primary Bedroom, 2, LR

Exterior Features

  • Roof: Tile
  • View: Setting
  • Construction Type: Stucco
  • Topography: Level
  • Common Walls: End Unit
  • Exterior Features: Patio Open, Patio Covered, Lawn, Wooded, Yard Irrigation PRT, Fenced: ALL, Fenced: BCK
  • Foundation Details: Raised
  • Patio And Porch Features: Enclosed

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Gar #2, Unc #2

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Meter In, Mont Wtr
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: 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 #: 007-590-002
  • Zoning: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2022
Closed on
Aug 29, 2022
Sold by
White-Snow Trust
Bought by
Madden Family Trust
Seller's Agent
John Henderson
Village Properties
Buyer's Agent
Nancy Kogevinas
Berkshire Hathaway HomeServices California Properties
List Price
$3,500,000
Sold Price
$3,500,000
Current Estimated Value
$4,039,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$539,287
Avg. Annual Appreciation
4.29%

Purchase Details

Closed on
Feb 1, 2022
Sold by
White-Snow Trust
Bought by
White-Snow Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$647,200
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2011
Sold by
White Harwood A and Snow Kathryn
Bought by
White Harwood A and Snow Kathryn

Purchase Details

Closed on
Jul 2, 2002
Sold by
White Harwood A and Snow Kathryn
Bought by
White Harwood A and Snow Kathryn
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
Madden Family Trust $3,500,000 Fidelity National Title
White-Snow Trust -- Fidelity National Title
White Harwood A -- None Available
White Harwood A -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner White-Snow Trust $647,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2022 09/01/22 Sold $3,500,000 0.0% $1,415 / Sq Ft
09/01/2022 09/01/22 Off Market $3,500,000 -- --
08/16/2022 08/16/22 Pending -- -- --
08/11/2022 08/11/22 For Sale $3,500,000 -- $1,415 / 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 $37,509 $3,641,400 $1,560,600 $2,080,800
2023 $37,509 $3,500,000 $1,500,000 $2,000,000
2022 $19,580 $1,820,222 $244,005 $1,576,217
2021 $19,177 $1,784,532 $239,221 $1,545,311
2020 $18,991 $1,766,235 $236,769 $1,529,466
2019 $18,628 $1,731,604 $232,127 $1,499,477
2018 $18,276 $1,697,652 $227,576 $1,470,076
2017 $17,931 $1,664,365 $223,114 $1,441,251
2016 $17,411 $1,631,732 $218,740 $1,412,992
2014 $16,834 $1,575,741 $211,235 $1,364,506
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 22-2753

Santa Barbara Multiple Listing Service

APN: 007-590-002