NOT LISTED FOR SALE

1572 Green Ln Santa Barbara, CA 93108

Estimated Value: $5,330,000 - $5,941,000

4 Beds
4 Baths
2,662 Sq Ft
$2,107/Sq Ft Est. Value

Last Sold August 18, 2020

Last sale price $3,000,000 $1,127 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $33,370/month

18 Days on Market

Highlights

  • Guest House
  • Art Studio
  • Fruit Trees
  • Santa Barbara Senior High School Rated A-
  • Property is near an ocean
  • Fireplace in Primary Bedroom

About This Home

As of August 2020

Located on a private lane in the charming and private Hedgerow neighborhood in Montecito, this impeccably renovated Mary Craig home, guest house and artist studio offer old world charm and modern convenience. The three bedroom, three bath home and the 1 bedroom, 1 bath guest house are surrounded by one half acre of lush, well-developed landscaping that offers both tranquil beauty and privacy. A stunning great room with soaring ceilings was added to the floor plan by the current owners and the three fireplaces in the main house add to the warmth and inviting comfort of the home. Additionally, there is an artist studio and a large trellised patio that is perfect for taking in the abundant gardens or dining alfresco. French doors off both the dining room and kitchen bring the outside in. Minuets from Montecito's Upper and Lower villages, schools and beaches, this perfectly located home makes a gracious lifestyle easy to achieve.

Last Agent to Sell the Property

Betsy Jones Zwick

Coldwell Banker Realty Listed on: 05/15/2020

Last Buyer's Agent

Non Member Agent

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,443

Year Built

  • Built in 1927

Lot Details

  • 0.52 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Irrigation
  • Fruit Trees
  • Lawn
  • Property is in excellent condition

Parking

  • Uncovered Parking

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,662 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Library
  • Art Studio
  • Gas Dryer Hookup
  • Property Views

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • 4 Full Bathrooms

Outdoor Features

  • Property is near an ocean
  • Deck

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near a bus stop

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Sewer Stub Out
  • Cable TV Available

Additional Features

  • Stepless Entry
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 007-290-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,443

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1927
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Gas Hookup
  • ResoLotFeatures: Level, Near Public Transit
  • Architectural Style: Medit
  • Reso Flooring: Hardwood, Tile
  • Unit Levels: Entry Lvl(No Stairs), Single Story
  • New Construction: No
  • Reso Other Structures: Other
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1927
  • Property Information Apx # Acres: 0.52
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Construction Entry Lvl(No Stairs)2: Yes
  • Construction Single Story2: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Dining Dining Area2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Gas Stove3: Yes
  • Fireplace(s) LR: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Rooms Art Studio2: Yes
  • Amenities Guest House2: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Proximity Near Bus: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • GroundsLandscaping Deck3: Yes
  • Site Improvements Cable TV3: Yes
  • Laundry Gas Hookup2: Yes
  • Style Medit2: Yes
  • Rooms:Den: Yes
  • Rooms LbryStudy: Yes
  • ParkingGarage Unc #33: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Stove
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Primary Bedroom, Family Room, LR
  • Total Bedrooms: 9

Exterior Features

  • Roof: Tile
  • View: Setting
  • Construction Type: Stucco
  • Acres: 0.52
  • Topography: Level
  • Exterior Features: Deck, Lawn, Fruit Trees, Yard Irrigation T/O, Yard Irrigation PRT, Fenced: PRT
  • Foundation Details: Mixed

Garage/Parking

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

Utilities

  • Cooling: Other
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • 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 #: 007-290-018
  • Zoning: R-1
  • Lot Size Sq Ft: 22651.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2021
Sold by
Bercaw Thomas J and Bercaw Lisa E
Bought by
Wacreb Llc
Current Estimated Value
$5,608,469

Purchase Details

Listed on
May 15, 2020
Closed on
Aug 12, 2020
Sold by
Morris Dudley E and The Dudley E Morris Trust
Bought by
Bercaw Lisa E and Bercaw Thomas J
Seller's Agent
Betsy Jones Zwick
Coldwell Banker Realty
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$3,150,000
Sold Price
$3,000,000
Premium/Discount to List
-$150,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.27%
Original Mortgage
$2,100,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2016
Sold by
Morris Dudley E and Morris Margaret Pettus
Bought by
Morris Dudley E and The Dudley E Morris Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 5, 2014
Sold by
Morris Dudley E
Bought by
Morris Dudley E and Morris Margaret Pettus

Purchase Details

Closed on
Dec 17, 2002
Sold by
Morris Dudley E and Morris Margaret Pettus
Bought by
Morris Dudley E and Dudley E Morris Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$509,000
Interest Rate
4.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 12, 1999
Sold by
Santoro Robert J and Santoro Karen E
Bought by
Morris Dudley E and The Dudley E Morris Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
6.95%

Purchase Details

Closed on
Jul 6, 1998
Sold by
Jenkisson John F and Jenkisson Martha B
Bought by
Santoro Robert J and Santoro Karen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,087,410
Interest Rate
7.01%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wacreb Llc -- None Available
Bercaw Lisa E $3,000,000 Chicago Title Company
Morris Dudley E -- None Available
Morris Dudley E -- None Available
Morris Dudley E -- None Available
Morris Dudley E -- --
Morris Dudley E -- Fidelity National Title Co
Morris Margaret Pettus -- Fidelity National Title Co
Morris Dudley E -- Fidelity National Title Co
Morris Dudley E -- Lawyers Title Company
Santoro Robert J -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bercaw Lisa E $2,100,000
Previous Owner Morris Dudley E $100,000
Previous Owner Morris Dudley E $359,000
Previous Owner Morris Dudley E $364,000
Previous Owner Morris Dudley E $417,000
Previous Owner Morris Dudley E $509,000
Previous Owner Morris Dudley E $525,000
Previous Owner Santoro Robert J $100,000
Previous Owner Santoro Robert J $1,087,410
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2020 08/18/20 Sold $3,000,000 -4.8% $1,127 / Sq Ft
06/02/2020 06/02/20 Pending -- -- --
05/15/2020 05/15/20 For Sale $3,150,000 -- $1,183 / 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 $34,443 $3,489,454 $1,731,890 $1,757,564
2023 $34,443 $3,121,200 $1,664,640 $1,456,560
2022 $33,269 $3,060,000 $1,632,000 $1,428,000
2021 $32,592 $3,000,000 $1,600,000 $1,400,000
2020 $26,327 $2,399,090 $1,433,482 $965,608
2019 $25,741 $2,352,050 $1,405,375 $946,675
2018 $25,264 $2,305,932 $1,377,819 $928,113
2017 $24,759 $2,260,718 $1,350,803 $909,915
2016 $23,941 $2,210,515 $1,324,317 $886,198
2015 $23,447 $2,177,312 $1,304,425 $872,887
2014 -- $2,134,663 $1,278,874 $855,789
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-1761

Santa Barbara Multiple Listing Service

APN: 007-290-018