NOT LISTED FOR SALE

1520 Bolero Dr Santa Barbara, CA 93108

Estimated Value: $6,559,000 - $7,515,000

3 Beds
3.5 Baths
3,452 Sq Ft
$2,002/Sq Ft Est. Value

Last Sold April 28, 2017

Last sale price $3,350,000 $970 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $40,810/month

10 Days on Market

Highlights

  • Tennis Courts
  • Spa
  • Property is near public transit
  • Santa Barbara Senior High School Rated A-
  • Mountain View
  • Multiple Fireplaces

About This Home

As of April 2017

Enter through the private gates and over the paver driveway to view this single-story Mediterranean-style home, which features 3 bedrooms 3 and a half baths, formal dining, living and family room, high ceilings and wood floors on approx. an acre. Enjoy the large swimming pool and hot tub which are surrounded by a Saltillo tile deck and can be accessed from either the living room or master suite. The property boasts a North/South facing tennis court which gets plenty of natural sunlight year round. There's a full perimeter wall which is great for securing small pets and allowing them to roam the property. Plenty of storage in the three-car garage! Located in one of Montecito's most sought after neighborhoods the ''Golden Quadrangle'' and in the award winning Montecito Union School Dist.

Last Agent to Sell the Property

Jim Alzina

Sotheby's International Realty Listed on: 03/08/2017

Sotheby's International Realty

Last Buyer's Agent

Lynn Golden

Village Properties - 1 License #01259260

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,014

Year Built

  • Built in 1987

Lot Details

  • 1.04 Acre Lot
  • Gated Home
  • Corner Lot
  • Level Lot
  • Wooded Lot
  • Lawn
  • Property is in average condition

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Spanish Architecture
  • Mediterranean Architecture
  • Raised Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,452 Sq Ft Home
  • 1-Story Property
  • Multiple Fireplaces
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Mountain Views
  • Home Security System
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Pool

  • Spa
  • Outdoor Pool

Outdoor Features

  • Tennis Courts
  • Patio
  • Built-In Barbecue

Location

  • 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 System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 011-150-030

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,014

Year Built

Built in 1987

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Association Fee: $300/year
  • Prop. Type: Residential
  • Year Built: 1987
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level, Sloped Down, Corner Lot, Near Public Transit
  • ResoSecurityFeatures: Gate:Elec, Security System
  • Architectural Style: Medit, Spanish
  • Reso Flooring: Wood, Carpet
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Average
  • Property Information Year Built2: 1987
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.04
  • 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
  • Construction Single Story2: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Laundry Laundry Room2: Yes
  • Appliances Included Dishwasher3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • ParkingGarage Gar #33: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • LocationTopo Corner Lot2: Yes
  • Proximity Near Shopping2: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Fireplace(s) Family Room3: Yes
  • Proximity Near Bus: Yes
  • GroundsLandscaping Wooded4: Yes
  • Fireplace(s):_two_3: Yes
  • FlrWdw Coverings Carpet: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Hot Tub2: Yes
  • GroundsLandscaping Tennis Court(s)3: Yes
  • Appliances Included Electric Range2: Yes
  • LocationTopo Downslope2: Yes
  • Site Improvements Cable TV3: Yes
  • FlrWdw Coverings Wood2: Yes
  • Pets Yes: Yes
  • Style Medit2: Yes
  • Style Spanish2: Yes
  • Foundation Raised: Yes
  • Appliances Included Elect Stove2: Yes
  • Condition Average2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher, Elect Stove
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, 2, LR

Exterior Features

  • Roof: Tile
  • View: Mountain(s)
  • Construction Type: Other, Stucco
  • Acres: 1.04
  • Topography: Downslope, Level
  • Exterior Features: Tennis Court(s), Pool, Patio Open, Hot Tub, Lawn, Wooded, Fenced: ALL
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #3, Attached

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 #: 011-150-030
  • Zoning: R-1
  • Lot Size Sq Ft: 45302.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2017
Closed on
Apr 20, 2017
Sold by
Tamas George V and Tamas Mardee L
Bought by
Burg Donald
Seller's Agent
Jim Alzina
Sotheby's International Realty
Buyer's Agent
Lynn Golden
Village Properties - 1
List Price
$2,995,000
Sold Price
$3,350,000
Premium/Discount to List
$355,000
11.85%
Current Estimated Value
$6,911,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,561,381
Avg. Annual Appreciation
8.61%
Original Mortgage
$2,345,000
Outstanding Balance
$1,935,955
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,744,935
Source: Public Records

Range of Values:

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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
Burg Donald $3,350,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burg Donald $2,345,000
Previous Owner Tamas George $250,000
Previous Owner Tamas George $2,040,000
Previous Owner Tamas George $250,000
Previous Owner Tamas George $1,690,000
Previous Owner Tamas George $1,555,000
Previous Owner Tamas George $400,000
Previous Owner Tamas George $250,000
Previous Owner Tamas George $1,000,000
Previous Owner Tamas George $140,000
Previous Owner Tamas George $725,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2017 04/28/17 Sold $3,350,000 +11.9% $970 / Sq Ft
03/17/2017 03/17/17 Pending -- -- --
03/07/2017 03/07/17 For Sale $2,995,000 -- $868 / 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 $41,014 $3,887,958 $1,740,877 $2,147,081
2023 $41,014 $3,736,986 $1,673,278 $2,063,708
2022 $39,640 $3,663,713 $1,640,469 $2,023,244
2021 $38,831 $3,591,876 $1,608,303 $1,983,573
2020 $38,458 $3,555,046 $1,591,812 $1,963,234
2019 $37,537 $3,485,340 $1,560,600 $1,924,740
2018 $36,759 $3,417,000 $1,530,000 $1,887,000
2017 $11,846 $1,009,062 $437,382 $571,680
2016 $11,477 $989,277 $428,806 $560,471
2014 $11,054 $955,332 $414,092 $541,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 17-750

Santa Barbara Multiple Listing Service

APN: 011-150-030