NOT LISTED FOR SALE

Estimated Value: $5,386,000 - $7,273,119

4 Beds
4.5 Baths
5,252 Sq Ft
$1,221/Sq Ft Est. Value

Last Sold October 24, 2018

Last sale price $3,870,000 $737 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $37,876/month

134 Days on Market

Highlights

  • Ocean View
  • Spa
  • 2.15 Acre Lot
  • Santa Barbara Senior High School Rated A-
  • Estate
  • Fruit Trees

About This Home

As of October 2018

Perfectly proportioned & well built, this elegant French country estate is situated on over 2 usable & quiet acres. Built in 2002, the home enjoys an open floorpan & the finest finishes. 4 bedrooms, 4.5 bathrooms, the romantic property has a superb indoor/outdoor flow & abundant natural light throughout. Spacious rooms, vaulted beamed ceilings, luxurious ground floor master suite, office/den, & spectacular great room that includes a wonderful cook's kitchen. The professionally landscaped grounds feature large pool & spa, covered loggia, drought tolerant & cheerful gardens, boulders, fountains, long gated approach, plenty of parking, & 3-car garage. This estate offers a private, peaceful setting & terrific location for an active lifestyle, mere minutes to Montecito & Santa Barbara amenities

Last Agent to Sell the Property

Marsha Kotlyar Estate Group

Berkshire Hathaway HomeServices California Properties License #01426886 Listed on: 05/15/2018

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Haden Homes Group

Village Properties License #02020380 | 01988499

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,823

Year Built

  • Built in 2002

Lot Details

  • 2.15 Acre Lot
  • Gated Home
  • Partially Fenced Property
  • Fruit Trees
  • Wooded Lot
  • Lawn
  • Property is in excellent condition

Parking

  • Garage

Property Views

  • Ocean
  • Mountain

Home Design

  • Estate
  • Brick Exterior Construction
  • Slate Roof
  • Stucco

Interior Spaces

  • 5,252 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Multiple Fireplaces
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Library
  • Home Security System
  • Breakfast Bar

Flooring

  • Wood
  • Carpet
  • Stone
  • Slate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Gas Dryer Hookup

Pool

  • Spa
  • Outdoor Pool

Outdoor Features

  • Covered Patio or Porch
  • Fireplace in Patio

Location

  • Property is near a park
  • City Lot

Schools

  • Roosevelt Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • Foothills

Listing and Financial Details

  • Assessor Parcel Number 021-082-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,823

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Directions: Take the 192 from Mission - make a left on Mountain Drive, left on Las Canoas, gate is on your right.
  • Prop. Type: Residential
  • Year Built: 2002
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: 220V Elect, Gas Hookup, Laundry Room
  • ResoSecurityFeatures: Gate:Elec, Security System
  • Architectural Style: Other, Estate
  • Reso Flooring: Wood, Carpet, Slate, Stone
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2002
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 2.15
  • NeighborhoodSchools Elementary School: Roosevelt
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • Property Information Within City Limits: Yes
  • Condition Excellent: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Proximity Near Park(s)2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Breakfast Bar2: Yes
  • Laundry Laundry Room2: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • Cooling Central Air: Yes
  • Style Estate2: Yes
  • Construction Two Story2: Yes
  • Exterior BrickStone: Yes
  • ParkingGarage Gar #33: Yes
  • Rooms Office3: Yes
  • Dining Formal2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • FlrWdw Coverings Stone2: Yes
  • GroundsLandscaping Wooded4: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • ViewOcean: Yes
  • Laundry:_two_20V Elect2: Yes
  • Site Improvements Cable TV3: Yes
  • Laundry Gas Hookup2: Yes
  • FlrWdw Coverings Wood2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Rooms LbryStudy: Yes
  • Fireplace(s) Patio3: Yes
  • LocationTopo Foothills2: Yes
  • Roof Slate2: Yes
  • FlrWdw Coverings Slate3: Yes
  • Cooling Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Primary Bedroom, Family Room, Other, 2+, LR, Patio
  • Total Bedrooms: 10

Exterior Features

  • Roof: Slate
  • View: Mountain(s), Ocean, Setting
  • Construction Type: Brick/Stone, Stucco
  • Acres: 2.15
  • Topography: Foothills
  • Exterior Features: Pool, Patio Open, Patio Covered, SPA-Outside, Lawn, Fruit Trees, Wooded, Fenced: PRT
  • Foundation Details: Mixed

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #3

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: SB Wtr
  • Heating:Forced Air: Yes

Schools

  • Elementary School: Roosevelt
  • High School: S.B. Sr.
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 021-082-012
  • Zoning: R-1
  • Lot Size Sq Ft: 93654.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2023
Sold by
Richard G Heller Family Trust
Bought by
Richard G Heller Family Trust and Heller
Current Estimated Value
$6,414,373

Purchase Details

Listed on
May 15, 2018
Closed on
Oct 19, 2018
Sold by
Zemp Kerry L
Bought by
Heller Richard G and Heller Velvet S
Seller's Agent
Marsha Kotlyar Estate Group
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Haden Homes Group
Village Properties
List Price
$4,195,000
Sold Price
$3,870,000
Premium/Discount to List
-$325,000
-7.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%

Purchase Details

Listed on
Sep 24, 2013
Closed on
Nov 25, 2013
Sold by
Mascagnu Steven N and Mascagno Teresa A
Bought by
Zemp Kerry L
Seller's Agent
Cindy Campbell
Village Properties - 1
Buyer's Agent
Emily McBride
Coldwell Banker Realty
List Price
$3,450,000
Sold Price
$3,200,000
Premium/Discount to List
-$250,000
-7.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.97%
Original Mortgage
$2,000,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 23, 2010
Sold by
Mascagno Steven N and Mascagno Teresa A
Bought by
Mascagno Steven N and Mascagno Teresa A

Purchase Details

Closed on
Aug 19, 2004
Sold by
Mascagno Steven N and Mascagno Teresa A
Bought by
Mascagno Steven N and Mascagno Teresa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.95%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 28, 2004
Sold by
Mascagno Steven N and Mascagno Teresa A
Bought by
Mascagno Steven N and Mascagno Teresa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,437,000
Interest Rate
5.35%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 4, 2003
Sold by
Mascagno Steven N and Mascagno Teresa A
Bought by
Mascagno Steven N and Mascagno Teresa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.79%

Purchase Details

Closed on
Mar 28, 2000
Sold by
Antar Dayal
Bought by
Mascagno Steven N and Mascagno Teresa A

Purchase Details

Closed on
Mar 18, 1994
Sold by
Flanders Shelley Jane
Bought by
Dayal Antar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.15%
Source: Public Records

Range of Values:

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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
Richard G Heller Family Trust -- None Listed On Document
Heller Richard G $3,870,000 Chicago Title Co
Zemp Kerry L $3,200,000 First American Title Company
Mascagno Steven N -- None Available
Mascagno Steven N -- Fidelity National Title
Mascagno Steven N -- Fidelty National Title
Mascagno Steven N -- Fidelity National Title Co
Mascagno Steven N -- --
Mascagno Steven N -- Fidelity National Title Co
Mascagno Steven N $782,000 Stewart Title
Dayal Antar -- Equity Title Company
Dayal Antar $310,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zemp Kerry L $2,000,000
Previous Owner Mascagno Steven N $100,000
Previous Owner Mascagno Steven N $1,437,000
Previous Owner Mascagno Steven N $1,500,000
Previous Owner Dayal Antar $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2018 10/24/18 Sold $3,870,000 -7.7% $737 / Sq Ft
09/26/2018 09/26/18 Pending -- -- --
05/15/2018 05/15/18 For Sale $4,195,000 +31.1% $799 / Sq Ft
12/06/2013 12/06/13 Sold $3,200,000 -7.2% $609 / Sq Ft View Prior Sale
11/15/2013 11/15/13 Pending -- -- --
05/07/2013 05/07/13 For Sale $3,450,000 -- $657 / 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 $44,823 $4,317,053 $1,784,828 $2,532,225
2023 $44,823 $4,149,419 $1,715,522 $2,433,897
2022 $43,249 $4,068,059 $1,681,885 $2,386,174
2021 $42,257 $3,988,294 $1,648,907 $2,339,387
2020 $41,821 $3,947,400 $1,632,000 $2,315,400
2019 $41,165 $3,870,000 $1,600,000 $2,270,000
2018 $36,888 $3,447,583 $1,616,055 $1,831,528
2017 $35,670 $3,379,984 $1,584,368 $1,795,616
2016 $34,716 $3,313,710 $1,553,302 $1,760,408
2015 $34,335 $3,263,936 $1,529,970 $1,733,966
2014 -- $3,200,000 $1,500,000 $1,700,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 18-1730

Santa Barbara Multiple Listing Service

APN: 021-082-012