NOT LISTED FOR SALE

1522 E Mountain Dr Santa Barbara, CA 93108

Estimated Value: $7,745,000 - $12,160,933

5 Beds
3.5 Baths
6,668 Sq Ft
$1,445/Sq Ft Est. Value

Last Sold February 11, 2016

Last sale price $7,083,000 $1,062 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $57,695/month

135 Days on Market

Highlights

  • Ocean View
  • 2.15 Acre Lot
  • Contemporary Architecture
  • Santa Barbara Senior High School Rated A-
  • Maid or Guest Quarters
  • Property is near park, schools, and shops

About This Home

As of February 2016

Set on a knoll at the top of Montecito’s Golden Quadrangle with dramatic ocean and island views yet minutes from the San Ysidro Ranch and Upper Village. Designed by Paul Grey of Warner and Grey, nationally known architects, with spacious rooms, high ceilings, large terraces. Extensive gardens done by Isabelle Greene, internationally known for her fine designs using specimen plantings.

Last Agent to Sell the Property

Robert Lamborn

Sotheby's International Realty Listed on: 09/21/2015

Co-Listed By

Charles Husting

Keller Williams Realty Santa Monica License #01837773

Last Buyer's Agent

Frank Abatemarco

Pitts & Bachmann Realtors

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1983

Lot Details

  • 2.15 Acre Lot
  • Drought Tolerant Landscaping
  • Property is in excellent condition

Parking

  • Garage

Property Views

  • Ocean
  • Panoramic
  • Woods
  • Mountain

Home Design

  • Contemporary Architecture
  • Raised Foundation
  • Shake Roof
  • Stucco

Interior Spaces

  • 6,668 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Game Room
  • Breakfast Area or Nook

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Remodeled Bathroom
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Outdoor Features

  • Patio
  • Gazebo

Schools

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

Utilities

  • Forced Air Heating System
  • Underground Utilities

Additional Features

  • Stepless Entry
  • Property is near park, schools, and shops

Listing and Financial Details

  • Assessor Parcel Number 011-070-030

Home Details

Home Type

Single Family

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1983
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: 220V Elect, Laundry Room
  • Co List Office Mls Id: kwrsm
  • Co List Office Phone: 310-482-2200
  • Architectural Style: Contemporary
  • Reso Flooring: Carpet, Hardwood
  • Garage Yn: Yes
  • Unit Levels: Entry Lvl(No Stairs), Two, Outside Stairs
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1983
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 2.15
  • 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
  • Site Improvements Underground Util: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Construction Entry Lvl(No Stairs)2: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Drought Tolerant LND2: Yes
  • View Setting2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Primary: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Skylight2: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Construction Two Story2: Yes
  • ParkingGarage Gar #33: Yes
  • View Wooded3: Yes
  • Proximity Near Shopping2: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Amenities Guest Quarters2: Yes
  • Fireplace(s) Gas8: Yes
  • Style:Contemporary2: Yes
  • FlrWdw Coverings Carpet: Yes
  • ViewOcean: Yes
  • Laundry:_two_20V Elect2: Yes
  • Foundation Raised: Yes
  • GroundsLandscaping Gazebo2: Yes
  • Rooms Game Room3: Yes
  • Roof Shake: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas, LR

Exterior Features

  • Roof: Shake
  • View: Mountain(s), Ocean, Setting, Wooded, Panoramic
  • Construction Type: Stucco
  • Acres: 2.15
  • Exterior Features: Patio Open, Gazebo, Drought Tolerant LND
  • Foundation Details: Raised

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Utilities: Underground Util
  • Water Source: Mont Wtr
  • Heating:Forced Air: 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 #: 011-070-030
  • Zoning: Other
  • Lot Size Sq Ft: 93654.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2022
Sold by
Pillsbury Christine Bullitt
Bought by
Montecito Modern Llc
Current Estimated Value
$9,637,311

Purchase Details

Closed on
Jun 16, 2022
Sold by
Christine Pillsbury
Bought by
Pillsbury Christine Bullitt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,900,000
Interest Rate
5.78%

Purchase Details

Closed on
Jan 31, 2017
Sold by
Pillsbury Christine and Pillsbury Christine Bullitt
Bought by
Pillsbury Christine and Pillsbury Christine Bullitt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Interest Rate
3.55%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 21, 2015
Closed on
Jan 28, 2016
Sold by
Husting Carolyn
Bought by
Pillsbury Christine Bullitt
Seller's Agent
Robert Lamborn
Sotheby's International Realty
Buyer's Agent
Frank Abatemarco
Pitts & Bachmann Realtors
List Price
$7,495,000
Sold Price
$7,083,000
Premium/Discount to List
-$412,000
-5.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.16%
Original Mortgage
$5,680,000
Interest Rate
3.94%
Mortgage Type
Unknown

Purchase Details

Listed on
Sep 21, 2015
Closed on
Dec 17, 2015
Sold by
Raniolo Alessandro
Bought by
Pillsbury Christine and Pillsbury Christine Bullitt
Seller's Agent
Robert Lamborn
Sotheby's International Realty
Buyer's Agent
Frank Abatemarco
Pitts & Bachmann Realtors
List Price
$7,495,000
Sold Price
$7,083,000
Premium/Discount to List
-$412,000
-5.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,680,000
Interest Rate
3.94%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 23, 2010
Sold by
Husting Charles O
Bought by
Husting Carolyn

Purchase Details

Closed on
Mar 15, 2009
Sold by
Husting Charles O
Bought by
Husting Carolyn

Purchase Details

Closed on
Mar 15, 2008
Sold by
Husting Charles O
Bought by
Husting Carolyn

Purchase Details

Closed on
Mar 5, 2007
Sold by
Grant Maria Ophuls and Ophuls Patrick
Bought by
Husting Peter M and Husting Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 19, 2002
Sold by
Ophuls Patrick
Bought by
Ophuls Patrick

Purchase Details

Closed on
Nov 6, 1996
Sold by
Valentine Carol L and Valentine Carol L Living Trust
Bought by
Valentine Carol Lapham
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
Montecito Modern Llc -- None Listed On Document
Pillsbury Christine Bullitt -- Accommodation/Courtesy Recordi
Pillsbury Christine -- Accommodation/Courtesy Recordi
Pillsbury Christine -- Wfg National Title Ins Co
Pillsbury Christine Bullitt $7,083,000 Fidelity National Title Co
Pillsbury Christine -- Fidelity National Title Co
Husting Carolyn -- Stewart Title
Husting Carolyn -- None Available
Husting Carolyn -- None Available
Husting Peter M -- Lawyers Title Company
Ophuls Patrick -- --
Valentine Carol Lapham -- --
Valentine Carol Lapham -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pillsbury Christine $3,900,000
Previous Owner Pillsbury Christine $3,500,000
Previous Owner Pillsbury Christine Bullitt $5,680,000
Previous Owner Husting Peter M $3,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2016 02/11/16 Sold $7,083,000 -5.5% $1,062 / Sq Ft
02/03/2016 02/03/16 Pending -- -- --
09/21/2015 09/21/15 For Sale $7,495,000 0.0% $1,124 / Sq Ft
05/15/2013 05/15/13 Rented $10,000 0.0% --
05/15/2013 05/15/13 Under Contract -- -- --
03/05/2013 03/05/13 For Rent $10,000 -- --
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 $87,619 $8,503,902 $3,551,390 $4,952,512
2023 $87,619 $8,173,686 $3,413,486 $4,760,200
2022 $84,471 $8,013,418 $3,346,555 $4,666,863
2021 $82,240 $7,811,293 $3,280,937 $4,530,356
2020 $80,765 $7,666,866 $3,247,296 $4,419,570
2019 $79,158 $7,516,536 $3,183,624 $4,332,912
2018 $77,636 $7,369,153 $3,121,200 $4,247,953
2017 $76,245 $7,224,660 $3,060,000 $4,164,660
2016 $68,635 $6,564,284 $3,395,319 $3,168,965
2015 $67,563 $6,465,684 $3,344,319 $3,121,365
2014 $66,486 $6,339,031 $3,278,809 $3,060,222
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 15-3164

Santa Barbara Multiple Listing Service

APN: 011-070-030