Seller's Agent in 2024
Patrice Serrani
Compass
(805) 637-5112
20 in this area
57 Total Sales
1545 Ramona Ln Santa Barbara, CA 93108
Estimated Value: $6,433,559 - $7,237,000
5
Beds
3
Baths
2,880
Sq Ft
$2,355/Sq Ft
Est. Value
Highlights
- Property is near an ocean
- Updated Kitchen
- Fruit Trees
- Santa Barbara Senior High School Rated A-
- Reverse Osmosis System
- Property is near a park
About This Home
As of September 2024Step into the refined elegance of this exquisite 1930s Montecito gem, nestled in the sought-after Hedgerow neighborhood on prestigious Ramona Lane. Overflowing with character, this captivating property sets the stage for a unique blend of classic beauty and contemporary convenience, making it a truly exceptional find. From the moment you approach, a 400-year-old Oak tree provides a majestic backdrop to this character-rich residence. The sheer charm of the home is evident, making it a must-see for those in search of a Montecito property filled with unique allure. Situated in close proximity to Montecito Union, Crane School, Laguna Blanca, the Upper/Lower Villages, and the delightful boutiques and restaurants along Coast Village Road, this location offers unparalleled convenience. The main house comprises 5 bedrooms and 3 bathrooms, while an impressive 1-bedroom, 800 sq. ft. Accessory Dwelling Unit (ADU) provides ideal accommodations for guests, in-laws, or rental opportunities. With its 10-foot-high ceilings and thoughtful design echoing that of the main residence, this single-level ADU stands as a true gem, boasting privacy, a separate entrance, a spacious yard, and dedicated parking. The primary house lives as a single-level home with 3 of the 5 bedrooms and 2 full baths on the main floor. Indoors, an effortless flow between spaces fosters exceptional entertainment opportunities. Step outside into the backyard, where a tranquil oasis awaits, complete with expansive patios and ample room for al fresco dining and relaxation. The rich landscaping and lush lawn, nourished by a shared private well, further enhance the ambiance of this classic Montecito residence, evoking a sense of serenity and romance that epitomizes the essence of coastal living.
Last Buyer's Agent
Village Properties License #01815307 / 01447045 / 01954177 / 01951069
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $31,993
Year Built
- Built in 1936
Lot Details
- 0.85 Acre Lot
- Back Yard Fenced
- Level Lot
- Irrigation
- Fruit Trees
- Lawn
- Property is in excellent condition
Home Design
- Traditional Architecture
- Raised Foundation
- Wood Siding
- Stucco
Interior Spaces
- 2,880 Sq Ft Home
- 2-Story Property
- Sound System
- Living Room with Fireplace
- Dining Area
- Wood Flooring
- Home Security System
- Property Views
Kitchen
- Updated Kitchen
- Breakfast Area or Nook
- Double Oven
- Built-In Electric Oven
- Stove
- Microwave
- ENERGY STAR Qualified Freezer
- ENERGY STAR Qualified Refrigerator
- Dishwasher
- Reverse Osmosis System
Bedrooms and Bathrooms
- 5 Bedrooms
- Remodeled Bathroom
- 3 Full Bathrooms
- Low Flow Plumbing Fixtures
Laundry
- Laundry Room
- ENERGY STAR Qualified Dryer
- Dryer
- ENERGY STAR Qualified Washer
Parking
- Detached Garage
- 8 Open Parking Spaces
Outdoor Features
- Property is near an ocean
Additional Homes
- Number of ADU Units: 1
- Accessory Dwelling Unit (ADU)
- Accessory Dwelling Unit (ADU) has a separate address
- ADU built in 2005
- ADU includes 1 Bedroom and 1 Bathroom
- Kitchen Sink
- Refrigerator
- ADU includes parking
Location
- Property is near a park
- 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
- Gravity Heating System
- Shared Well
- Water Softener is Owned
Listing and Financial Details
- Assessor Parcel Number 007-312-001
Community Details
Overview
- No Home Owners Association
- 10 Hedgerow Subdivision
Amenities
- Restaurant
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 8, 2024
Closed on
Sep 10, 2024
Sold by
Simmons Family Trust and Simmons Theodore M
Bought by
Finefrock Family Trust and Finefrock
Seller's Agent
Patrice Serrani
Compass
Buyer's Agent
Robert Riskin
Village Properties
List Price
$7,295,000
Sold Price
$6,700,000
Premium/Discount to List
-$595,000
-8.16%
Views
26
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,390
Avg. Annual Appreciation
1.31%
Original Mortgage
$4,000,000
Outstanding Balance
$3,952,945
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$2,830,445
Purchase Details
Closed on
Mar 1, 2004
Sold by
Simmons Theodore M and Simmons Kelly G
Bought by
Simmons Theodore M and Simmons Kelly G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$896,500
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 5, 2001
Sold by
Simmons Theodore M and Simmons Kelly G
Bought by
Simmons Theodore M and Simmons Kelly G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.73%
Purchase Details
Closed on
Dec 27, 2000
Sold by
Simmons Kelly G
Bought by
Simmons Theodore M
Purchase Details
Closed on
Apr 20, 2000
Sold by
Simmons Theodore M and Simmons Kelly G
Bought by
Simmons Theodore M and Simmons Kelly G
Purchase Details
Closed on
Dec 8, 1999
Sold by
Nevins Henry M
Bought by
Simmons Theodore M and Simmons Kelly G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
7.5%
Purchase Details
Closed on
Feb 9, 1995
Sold by
Nevins Henry M and Smith Connie J
Bought by
Nevins Henry M and Smith Connie J
Purchase Details
Closed on
Oct 8, 1993
Sold by
Brown Willis R and Cobasko Sally Brown
Bought by
Nevins Henry Minton and Smith Connie Jean
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.88%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Finefrock Family Trust | $6,700,000 | Chicago Title | |
| Simmons Theodore M | -- | Fidelity National Title | |
| Simmons Theodore M | -- | Fidelity National Title Co | |
| Simmons Theodore M | -- | Lawyers Title Company | |
| Simmons Theodore M | -- | Lawyers Title Company | |
| Simmons Theodore M | -- | Lawyers Title Company | |
| Simmons Theodore M | -- | Lawyers Title Company | |
| Simmons Theodore M | -- | -- | |
| Simmons Theodore M | -- | -- | |
| Simmons Theodore M | -- | Equity Title Company | |
| Nevins Henry M | -- | -- | |
| Nevins Henry M | -- | -- | |
| Nevins Henry Minton | $825,000 | Equity Title Company | |
| Nevins Henry Minton | $825,000 | Equity Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Finefrock Family Trust | $350,000 | |
| Open | Finefrock Family Trust | $4,000,000 | |
| Previous Owner | Simmons Family Trust | $3,600,000 | |
| Previous Owner | Simmons Theodore M | $896,500 | |
| Previous Owner | Simmons Iii Theodore M | $500,000 | |
| Previous Owner | Simmons Theodore M | $800,000 | |
| Previous Owner | Simmons Theodore M | $800,000 | |
| Previous Owner | Nevins Henry Minton | $650,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/13/2024 09/13/24 | Sold | $6,700,000 | -8.2% | $2,326 / Sq Ft |
| 07/29/2024 07/29/24 | Pending | -- | -- | -- |
| 05/08/2024 05/08/24 | Price Changed | $7,295,000 | 0.0% | $2,533 / Sq Ft |
| 05/08/2024 05/08/24 | For Sale | $7,295,000 | -2.7% | $2,533 / Sq Ft |
| 04/25/2024 04/25/24 | For Sale | $7,495,000 | +11.9% | $2,602 / Sq Ft |
| 04/24/2024 04/24/24 | Off Market | $6,700,000 | -- | -- |
| 03/26/2024 03/26/24 | Off Market | $6,700,000 | -- | -- |
| 01/19/2024 01/19/24 | Price Changed | $7,495,000 | -6.3% | $2,602 / Sq Ft |
| 11/13/2023 11/13/23 | For Sale | $7,995,000 | -- | $2,776 / Sq Ft |
Source: Santa Barbara Multiple Listing Service
Tax History Compared to Growth
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 | $31,993 | $6,700,000 | $3,000,000 | $3,700,000 |
| 2023 | $31,993 | $2,819,363 | $1,490,687 | $1,328,676 |
| 2022 | $30,880 | $2,764,083 | $1,461,459 | $1,302,624 |
| 2021 | $29,572 | $2,709,901 | $1,432,811 | $1,277,090 |
| 2020 | $29,290 | $2,682,116 | $1,418,120 | $1,263,996 |
| 2019 | $28,605 | $2,629,526 | $1,390,314 | $1,239,212 |
| 2018 | $28,072 | $2,577,967 | $1,363,053 | $1,214,914 |
| 2017 | $27,519 | $2,527,420 | $1,336,327 | $1,191,093 |
| 2016 | $26,678 | $2,477,864 | $1,310,125 | $1,167,739 |
| 2014 | $25,742 | $2,392,837 | $1,265,168 | $1,127,669 |
Source: Public Records
Agents Affiliated with this Home
-
Patrice Serrani
-
Ted Simmons
Seller Co-Listing Agent in 2024
Ted Simmons
Berkshire Hathaway HomeServices California Properties
(805) 689-6991
1 in this area
8 Total Sales
-
Robert Riskin
Buyer's Agent in 2024
Robert Riskin
Village Properties
(805) 698-0199
144 in this area
216 Total Sales
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 23-3415
APN: 007-312-001
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