NOT LISTED FOR SALE

1565 E Valley Rd Santa Barbara, CA 93108

Estimated Value: $8,505,000 - $10,599,112

5 Beds
7 Baths
5,487 Sq Ft
$1,719/Sq Ft Est. Value

Last Sold July 09, 2020

Last sale price $6,270,000 $1,143 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $54,700/month

6 Days on Market

Highlights

  • Ocean View
  • Estate
  • Reverse Osmosis System
  • Santa Barbara Senior High School Rated A-
  • Updated Kitchen
  • Fireplace in Primary Bedroom

About This Home

As of July 2020

Hamptons Lifestyle with Montecito Perks. Located off of billionaire's row, East Valley Road, a private road leads to this impeccable 1 acre estate features authentic architecture inspired by coastal living in the Hamptons. Once you pass through the gates you are transported to another world where all your troubles melt away. You are greeted by stone stairs and a pathway that provides your first ocean view while approaching the front door. Enter the house to skylights that light up your way through this truly unique floorplan built for privacy and capitalizing on the views of magnificent outdoor gardens and features. The master bedroom is as grand as any presidential suite. The guest rooms are private, spacious, and accompanied by gorgeous views. The sun-drenched kitchen and breakfast area will be a favorite place to start and end the day. Choose the living or dining to gather with your family, or mix a cocktail with your friends while you gaze at the grounds or breathtaking ocean view from the decks off each room. Off the kitchen hides intricate stairs that will lead you to an upper level bedroom/office which opens to a "top of the world" rooftop deck offering stunning sunset views of the mountains and ocean.

There is an extensive entertainment terrace that wraps around from the main entryway to the family room and master bedroom that will be the delight of all your family and friends. BBQ and listen to the sounds of the running water from multiple fountains in the rose and citrus gardens. If serenity and privacy are what you seek, then look no further.

Last Agent to Sell the Property

Gary Goldberg

Coastal Properties License #01172139 Listed on: 06/14/2020

Last Buyer's Agent

Lindsay Parrish

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1982

Lot Details

  • 1.08 Acre Lot
  • Back Yard Fenced
  • Wooded Lot
  • Lawn
  • Property is in excellent condition

Parking

  • Detached Garage

Property Views

  • Ocean
  • Woods
  • Mountain

Home Design

  • Estate
  • Tri-Level Property
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 5,487 Sq Ft Home
  • Wet Bar
  • Skylights
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal
  • Reverse Osmosis System

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom

Laundry

  • Laundry Room
  • Dryer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio
  • Built-In Barbecue

Location

  • Property is near park, schools, and shops

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned
  • Sewer Stub Out

Listing and Financial Details

  • Assessor Parcel Number 007-450-005

Home Details

Home Type

Single Family

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Directions: San Ysidro Road Turn Right on E Valley Rd.
  • Prop. Type: Residential
  • Year Built: 1982
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoSecurityFeatures: Security System, Smoke Detector(s)
  • Architectural Style: Estate
  • Reso Flooring: Carpet, Hardwood, Marble
  • Garage Yn: Yes
  • Unit Levels: Tri-Level
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1982
  • Property Information Apx # Acres: 1.08
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Roof:Composition: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • View Setting2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Breakfast Bar2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Microwave3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security Smoke Detector(s)2: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Marble2: Yes
  • Cooling Central Air: Yes
  • Property Information Main House SqFt: 5487.0
  • Style Estate2: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • View Wooded3: Yes
  • Proximity Near Shopping2: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Amenities Wet Bar2: Yes
  • Appliances Included Rev Osmosis2: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • GroundsLandscaping Wooded4: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Deck3: Yes
  • ViewOcean: Yes
  • ParkingGarage Detached: Yes
  • GroundsLandscaping Fenced BCK: Yes
  • Appliances Included Wtr SoftenerOwned: Yes
  • Construction Tri-Level2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Trash Compactor, Refrigerator, Gas Range, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Rev Osmosis, Wtr Softener/Owned
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Primary Bedroom, Family Room, LR
  • Appliances Included:Double Oven2: Yes
  • Appliances Included:Trash Compactor2: Yes

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Ocean, Setting, Wooded
  • Construction Type: Other, Wood Siding
  • Acres: 1.08
  • Exterior Features: Deck, Patio Open, Lawn, Wooded, Fenced: BCK
  • Foundation Details: Mixed

Garage/Parking

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

Utilities

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

Schools

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

Lot Info

  • Parcel #: 007-450-005
  • Zoning: R-1
  • Lot Size Sq Ft: 47044.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2020
Closed on
Jul 2, 2020
Sold by
Bunnin Leo L and Bunnin Melinda Ann
Bought by
Statter Allison and Statter Richard
Seller's Agent
Gary Goldberg
Coastal Properties
Buyer's Agent
Lindsay Parrish
Berkshire Hathaway HomeServices California Properties
List Price
$6,350,000
Sold Price
$6,270,000
Premium/Discount to List
-$80,000
-1.26%
Current Estimated Value
$9,431,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,161,778
Avg. Annual Appreciation
7.66%

Purchase Details

Listed on
Feb 20, 2016
Closed on
Sep 7, 2017
Sold by
Evv Marvista Llc
Bought by
Bunnin Leo L and Bunnin Melinda Ann
Seller's Agent
Susan Burns Associates
Coldwell Banker Realty
Buyer's Agent
Gary Goldberg
Coastal Properties
List Price
$7,950,000
Sold Price
$6,100,000
Premium/Discount to List
-$1,850,000
-23.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.98%
Original Mortgage
$3,500,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2007
Sold by
Tobey Gary Robert and Tobey Susanne M
Bought by
E V Marvista Llc

Purchase Details

Closed on
Feb 26, 2002
Sold by
Sullivan Selby W
Bought by
Tobey Gary Robert and Tobey Susanne M

Purchase Details

Closed on
Jan 21, 2002
Sold by
Sullivan Diane Pace
Bought by
Sullivan Selby W

Purchase Details

Closed on
Apr 11, 2000
Sold by
Kieswetter Dayton T and Kieswetter Ruth E
Bought by
Sullivan Selby W

Purchase Details

Closed on
Oct 18, 1999
Sold by
Kieswetter Dayton T and Kieswetter Ruth E
Bought by
Kieswetter Dayton T and Kieswetter Ruth E
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
Statter Allison $6,270,000 Chicago Title Company
Bunnin Leo L $6,100,000 Chicago Title Company
E V Marvista Llc -- Lawyers Title Company
Tobey Gary Robert $4,500,000 Lawyers Title Company
Sullivan Selby W -- --
Sullivan Selby W -- Chicago Title Co
Kieswetter Dayton T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bunnin Leo L $3,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/09/2020 07/09/20 Sold $6,270,000 -1.3% $1,143 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
06/13/2020 06/13/20 For Sale $6,350,000 0.0% $1,157 / Sq Ft
02/02/2018 02/02/18 Rented -- -- --
02/02/2018 02/02/18 For Rent $35,000 0.0% --
09/14/2017 09/14/17 Sold $6,100,000 -23.3% $1,063 / Sq Ft View Prior Sale
09/07/2017 09/07/17 Pending -- -- --
02/19/2016 02/19/16 For Sale $7,950,000 -- $1,386 / 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 $70,423 $6,796,848 $2,381,350 $4,415,498
2023 $70,423 $6,533,308 $2,288,880 $4,244,428
2022 $67,869 $6,395,400 $2,244,000 $4,151,400
2021 $66,459 $6,270,000 $2,200,000 $4,070,000
2020 $67,260 $6,346,440 $2,705,040 $3,641,400
2019 $65,767 $6,222,000 $2,652,000 $3,570,000
2018 $64,508 $6,100,000 $2,600,000 $3,500,000
2017 $58,308 $5,494,000 $3,846,000 $1,648,000
2016 $54,965 $5,232,000 $3,663,000 $1,569,000
2014 $51,489 $4,885,000 $3,420,000 $1,465,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-2181

Santa Barbara Multiple Listing Service

APN: 007-450-005