NOT LISTED FOR SALE

1555 E Valley Rd Santa Barbara, CA 93108

Estimated Value: $6,244,000 - $7,238,000

4 Beds
4 Baths
3,730 Sq Ft
$1,802/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $3,656,940 $980 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $39,170/month

90 Days on Market

Highlights

  • Property is near public transit and bus stop
  • Cathedral Ceiling
  • Loft
  • Santa Barbara Senior High School Rated A-
  • Wood Flooring
  • Cottage

About This Home

As of October 2020

Historic, carefully restored 1908 Carriage House on a manicured level acre with specimen trees. Originally a working Carriage House for one of Montecito's great estates designed by the prominent LA architectural firm Richards-Neustadt. The Cottage has four bedrooms, four full baths, four fireplaces and central air conditioning. The large, airy kitchen with fireplace opens onto a romantic Tuscan entertainment space featuring a horse-trough fountain, a bluestone patio, hand chiseled stacked stone walls and specimen olive trees. This is a beautiful home selectively updated with carefully maintained old wood floors, and original carriage and stable doors. A rare opportunity to own a restored historical Carriage House cottage in the premier section of Montecito.

Last Agent to Sell the Property

Michael Phillips

Phillips Real Estate License #01334721 Listed on: 06/14/2020

Last Buyer's Agent

Jim Callahan

Keller Williams Realty Santa Barbara

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1908

Lot Details

  • 1 Acre Lot
  • Fenced
  • Property is in excellent condition

Home Design

  • Cottage
  • Raised Foundation
  • Slab Foundation
  • Shake Roof
  • Wood Siding

Interior Spaces

  • 3,730 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Family Room
  • Library
  • Loft
  • Wood Flooring
  • Monitored
  • Property Views

Kitchen

  • Double Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Detached Garage
  • Driveway

Schools

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

Utilities

  • Central Air
  • Water Softener is Owned
  • Cable TV Available

Additional Features

  • Gray Water System
  • Patio
  • Property is near public transit and bus stop
  • Packing Shed

Listing and Financial Details

  • Assessor Parcel Number 007-220-040

Home Details

Home Type

Single Family

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1908
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Near Public Transit
  • ResoSecurityFeatures: Monitored
  • Architectural Style: Cal Cottage
  • Reso Flooring: Hardwood
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Other Structures: Packing Shed
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1908
  • Property Information Apx # Acres: 1.0
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Style Cal Cottage: Yes
  • Construction Single Story2: Yes
  • Foundation:Slab: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • View Setting2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Laundry Laundry Room2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Cooling Central Air: Yes
  • Property Information Main House SqFt: 3730.0
  • Proximity Near Bus: Yes
  • ParkingGarage Detached: Yes
  • Appliances Included Electric Range2: Yes
  • Site Improvements Cable TV3: Yes
  • GroundsLandscaping Permeable Driveway2: Yes
  • Appliances Included Wtr SoftenerOwned: Yes
  • Foundation Raised: Yes
  • Rooms LbryStudy: Yes
  • Security Monitored2: Yes
  • Rooms Loft2: Yes
  • Other Buildings Packing Shed2: Yes
  • Roof Shake: Yes
  • GroundsLandscaping Greywater System2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Trash Compactor, Refrigerator, Electric Range, Dishwasher, Double Oven, Dryer, Microwave, Washer, Wtr Softener/Owned
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Appliances Included:Double Oven2: Yes
  • Appliances Included:Trash Compactor2: Yes

Exterior Features

  • Roof: Shake
  • View: Setting
  • Construction Type: Wood Siding
  • Acres: 1.0
  • Exterior Features: Patio Open, Fenced: ALL, Greywater System, Permeable Driveway
  • Foundation Details: Slab, Raised

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2, Detached

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Water Source: Mont Wtr

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 #: 007-220-040
  • Zoning: R-1
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2020
Closed on
Sep 5, 2020
Sold by
Dolan Mary Anne and Bypass Trust
Bought by
Hanley George C and Hanley Marianne S
Seller's Agent
Michael Phillips
Phillips Real Estate
Buyer's Agent
Jim Callahan
Keller Williams Realty Santa Barbara
List Price
$4,000,000
Sold Price
$3,656,940
Premium/Discount to List
-$343,060
-8.58%
Current Estimated Value
$6,894,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,237,875
Avg. Annual Appreciation
12.31%
Original Mortgage
$2,024,687
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2015
Sold by
Dolan Mary Anne
Bought by
Dolan Mary Anne

Purchase Details

Closed on
Dec 13, 1996
Sold by
Stoddard Brandon and Stoddard Mary Anne Dolan
Bought by
Stoddard Brandon and Dolan Mary Anne
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
Hanley George C $3,657,000 Fidelity National Ttl Co Ie
Dolan Mary Anne -- None Available
Dolan Mary Anne -- None Available
Stoddard Brandon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hanley George C $2,024,687
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2020 10/23/20 Sold $3,656,940 -8.6% $980 / Sq Ft
08/19/2020 08/19/20 Pending -- -- --
05/21/2020 05/21/20 For Sale $4,000,000 -- $1,072 / 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 $41,691 $3,958,386 $1,840,134 $2,118,252
2023 $41,691 $3,804,679 $1,768,680 $2,035,999
2022 $40,288 $3,730,078 $1,734,000 $1,996,078
2021 $39,464 $3,656,940 $1,700,000 $1,956,940
2020 $12,524 $1,046,237 $357,031 $689,206
2019 $12,104 $1,025,724 $350,031 $675,693
2018 $11,926 $1,005,613 $343,168 $662,445
2017 $11,649 $985,896 $336,440 $649,456
2016 $11,286 $966,566 $329,844 $636,722
2015 $10,957 $952,048 $324,890 $627,158
2014 $10,798 $933,399 $318,526 $614,873
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-1832

Santa Barbara Multiple Listing Service

APN: 007-220-040