NOT LISTED FOR SALE

1524 E Valley Rd Santa Barbara, CA 93108

Estimated Value: $3,140,000 - $4,754,000

2 Beds
2 Baths
1,784 Sq Ft
1,263 Sq Ft Lot

Last Sold March 23, 2023

Last sale price $2,950,000 $1,654 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $22,835/month

Highlights

  • Property is near an ocean
  • Updated Kitchen
  • Mountain View
  • Santa Barbara Senior High School Rated A-
  • Fruit Trees
  • Contemporary Architecture

About This Home

As of August 2024

Beautifully renovated, turnkey, one-level 2br/2ba modern condo with no shared walls, located in the heart of Montecito's Upper Village! Embrace the Montecito lifestyle with Pierre LaFond, boutiques, and numerous dining options just steps away, and the Pacific Ocean and Miramar Beach a little over a mile down the road. Experience pure luxury in this spacious home with its open floor plan and sleek finishes throughout. Multiple outdoor patio spaces and a one-car attached garage complete the package. Available August 1, unfurnished, for a one-year lease. Prefer no pets.

Last Agent to Rent the Property

DeAnn Rochelle

Keller Williams Realty Santa Barbara License #01765260 Listed on: 07/22/2024

Keller Williams Realty Santa Barbara

Last Renter's Agent

DeAnn Bauer

Superior Realty Group

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $31,798

Year Built

  • 1957

Lot Details

  • Back Yard Fenced
  • Irrigation
  • Fruit Trees
  • Drought Tolerant Landscaping
  • Property is in excellent condition

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,784 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Mountain Views

Kitchen

  • Updated Kitchen
  • Built-In Gas Oven
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Open Parking

Outdoor Features

  • Property is near an ocean
  • Patio
  • Shed
  • Outdoor Grill

Location

  • Property is near a park
  • Property near a hospital
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater
  • Water Softener is Owned

Community Details

  • Pets allowed on a case-by-case basis

Listing and Financial Details

  • Property Available on 8/1/24
  • Assessor Parcel Number 011240001

Condo Details

Home Type

Condominium

Est. Annual Taxes

$31,798

Year Built

1957

Lot Details

0

Listing Details

  • Prop. Type: ResidentialLease
  • Reso Property Sub Type: Condominium
  • NumberUnfurnished: Unfurnished
  • ResoLaundryFeatures: Laundry Room
  • Architectural Style: Contemporary
  • Reso Flooring: Laminate, Tile
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Reso Property Condition: Excellent
  • Condition Excellent: Yes
  • Property Information:Date Available: 2024-08-01
  • Property Information Total Bathrooms2: 2.0
  • Construction Single Story: Yes
  • View Mountain(s): Yes
  • View Setting: Yes
  • GroundsLandscaping BBQ: Yes
  • GroundsLandscaping Fenced Back: Yes
  • GroundsLandscaping Fruit Trees: Yes
  • Other Buildings Shed2: Yes
  • Laundry Laundry Room: Yes
  • Fireplace(s) Living Room: Yes
  • GroundsLandscaping Patio Open: Yes
  • Proximity Near Ocean: Yes
  • Proximity Near School(s): Yes
  • Proximity Near Shopping: Yes
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • HeatingCooling GFA2: Yes
  • Proximity Near Park(s): Yes
  • Rooms Ground Floor Bedroom: Yes
  • Amenities Cathedral Ceilings: Yes
  • Amenities Dual Pane Window: Yes
  • Amenities Remodeled Bath: Yes
  • Amenities Remodeled Kitchen: Yes
  • Appliances Included Water Softener Owned: Yes
  • FlrWdw Coverings Tile: Yes
  • Proximity Near Bus2: Yes
  • LocationTopo Level2: Yes
  • Rooms:Family Room: Yes
  • HeatingCooling AC Central: Yes
  • Pets Maybe: Yes
  • Proximity Near Hospital: Yes
  • Appliances Included Tankless WtrHeater: Yes
  • ParkingGarage Gar #13: Yes
  • Dining In Living Room: Yes
  • GroundsLandscaping Drought Tolerant LND: Yes
  • ParkingGarage Unc #23: Yes
  • FlrWdw Coverings Laminate: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1957

Interior Features

  • Appliances: Water Softener Owned, Built-In Gas Oven, Dishwasher, Disposal, Dryer, Refrigerator, Tankless Wtr/Heater, Trash Compactor, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Living Room
  • Appliances Included:Dryer: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Number of Fireplaces Gas: Yes
  • Appliances Included:Built-In Gas Oven: Yes
  • Appliances Included:Trash Compactor: Yes

Exterior Features

  • View: Mountain(s), Setting
  • Exterior Features: Yard Irrigation PRT, BBQ, Drought Tolerant LND, Fenced Back, Fruit Trees, Patio Open

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Unc #2, Gar #1

Utilities

  • Heating: GFA
  • HeatingYN: Yes

Association/Amenities

  • Interior Amenities:Pantry: Yes
  • Amenities:Skylight: Yes

Lot Info

  • Parcel #: 011240001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2023
Closed on
Mar 13, 2023
Sold by
Casediva Trust
Bought by
Mark Kofler Trust
Seller's Agent
Ken Switzer
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Ken Switzer
Berkshire Hathaway HomeServices California Properties
Sold Price
$10,500
Views
3
Current Estimated Value
$3,788,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,778,134
Avg. Annual Appreciation
4.37%

Purchase Details

Listed on
Dec 16, 2020
Closed on
Mar 9, 2021
Sold by
Zahedi Firooz and Dewoody Beth
Bought by
Oval Michelle Y
Seller's Agent
Jason Streatfeild
Douglas Elliman of California, Inc.
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$2,385,000
Sold Price
$2,156,000
Premium/Discount to List
-$229,000
-9.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.16%
Original Mortgage
$1,078,000
Interest Rate
2.73%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 7, 2018
Sold by
Grossman Ruth S
Bought by
Zahedi Firooz and Dewoody Beth
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
Mark Kofler Trust $2,950,000 First American Title
Oval Michelle Y $2,156,000 Fidelity National Title Co
Zahedi Firooz $1,440,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oval Michelle Y $1,078,000
Previous Owner Grossman Harvey L $106,000
Previous Owner Grossman Harvey L $75,000
Previous Owner Grossman Harvey L $130,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2024 08/25/24 Rented -- -- --
07/22/2024 07/22/24 For Rent $11,750 +11.9% --
04/20/2023 04/20/23 Rented $10,500 -16.0% --
04/14/2023 04/14/23 For Rent $12,500 0.0% --
03/23/2023 03/23/23 Sold $2,950,000 0.0% $1,654 / Sq Ft
03/23/2023 03/23/23 Sold $2,950,000 +1.9% $1,654 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
03/14/2023 03/14/23 Pending -- -- --
03/01/2023 03/01/23 For Sale $2,895,000 0.0% $1,623 / Sq Ft
03/01/2023 03/01/23 Price Changed $2,895,000 0.0% $1,623 / Sq Ft
03/01/2023 03/01/23 For Sale $2,895,000 0.0% $1,623 / Sq Ft
03/01/2023 03/01/23 Price Changed $2,895,000 +7.4% $1,623 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
02/13/2023 02/13/23 Pending -- -- --
02/08/2023 02/08/23 For Sale $2,695,000 0.0% $1,511 / Sq Ft
02/07/2023 02/07/23 For Sale $2,695,000 0.0% $1,511 / Sq Ft
12/02/2022 12/02/22 Rented -- -- --
08/29/2022 08/29/22 Price Changed $13,000 -18.8% $7 / Sq Ft
01/03/2022 01/03/22 For Rent $16,000 0.0% --
03/30/2021 03/30/21 Sold $2,156,000 -9.6% $1,209 / Sq Ft
02/11/2021 02/11/21 Pending -- -- --
07/31/2020 07/31/20 For Sale $2,385,000 -- $1,337 / 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 $31,798 $3,069,180 $1,664,640 $1,404,540
2023 $31,798 $2,243,102 $1,352,520 $890,582
2022 $23,494 $2,199,120 $1,326,000 $873,120
2021 $16,077 $1,484,015 $1,133,623 $350,392
2020 $15,922 $1,468,800 $1,122,000 $346,800
2019 $15,619 $1,440,000 $1,100,000 $340,000
2018 $5,644 $480,064 $223,055 $257,009
2017 $5,512 $470,652 $218,682 $251,970
2016 $5,363 $461,425 $214,395 $247,030
2014 $5,133 $445,593 $207,039 $238,554
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 24-2409

Santa Barbara Multiple Listing Service

APN: 011-240-001