NOT LISTED FOR SALE

1574 Green Ln Santa Barbara, CA 93108

Estimated Value: $8,095,000 - $9,339,000

6 Beds
5.5 Baths
4,875 Sq Ft
$1,788/Sq Ft Est. Value

Last Sold May 24, 2018

Last sale price $4,808,579 $986 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $52,155/month

342 Days on Market

Highlights

  • Guest House
  • Property is near an ocean
  • Mountain View
  • Santa Barbara Senior High School Rated A-
  • Updated Kitchen
  • Fireplace in Primary Bedroom

About This Home

As of May 2018

1926 Spanish Revival Estate designed by Mary Craig. Down a private tree lined drive in the Hedgerows of Montecito, the property is impeccably maintained and preserved in its original character and design. On 1.3 lush landscaped acres with gated entry that opens to a spacious motor court with passage to 3 car garage and separate two bedroom guest house. Residence has 3 bedrooms on main floor and 3 bedrooms upstairs, grand public rooms with French doors that open to the patio and terraces that enjoy the beautiful gardens. Property served by both Montecito Water and Ivydene private water sources.

Last Agent to Sell the Property

Barbara Koutnik

Coldwell Banker Realty Listed on: 05/02/2017

Co-Listed By

Susan Conger

Coldwell Banker Realty

Last Buyer's Agent

Robert Riskin

Village Properties License #01815307 / 01447045 / 01954177 / 01951069

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $57,051

Year Built

  • Built in 1930

Lot Details

  • 1.3 Acre Lot
  • Cul-De-Sac
  • Gated Home
  • Partially Fenced Property
  • Level Lot
  • Irrigation
  • Lawn
  • Property is in excellent condition
  • Property is zoned E-1

Parking

  • Detached Garage

Home Design

  • Spanish Architecture
  • Raised Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,875 Sq Ft Home
  • 2-Story Property
  • Multiple Fireplaces
  • Window Treatments
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Formal Dining Room
  • Mountain Views
  • Basement

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Marble
  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Property is near an ocean
  • Patio

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
  • Underground Utilities
  • Private Water Source
  • Water Softener is Owned
  • Sewer Stub Out
  • Cable TV Available

Additional Features

  • Air Purifier
  • Guest House

Community Details

  • 10 Hedgerow Subdivision

Listing and Financial Details

  • Assessor Parcel Number 007-290-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$57,051

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1930
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: In Garage, Laundry Room
  • ResoLotFeatures: Level, Cul-De-Sac, Near Public Transit
  • ResoSecurityFeatures: Gate:Elec, Security System, Smoke Detector(s)
  • Co List Office Mls Id: cb01
  • Co List Office Phone: 805-969-4755
  • Subdivision Name: 10 - Hedgerow
  • Architectural Style: Spanish
  • Reso Flooring: Carpet, Hardwood, Marble, PRT, Tile, Vinyl
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1930
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.3
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Site Improvements Underground Util: Yes
  • WaterSewer Pvt Wtr Sys: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: 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
  • Rooms Ground Floor Primary: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • Security Smoke Detector(s)2: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • FlrWdw Coverings Marble2: Yes
  • Construction Two Story2: Yes
  • ParkingGarage Gar #33: Yes
  • Proximity Near Shopping2: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Amenities Guest House2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Dining Room2: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Proximity Near Bus: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • FlrWdw Coverings Carpet: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • ParkingGarage Detached: Yes
  • Laundry In Garage2: Yes
  • Site Improvements Cable TV3: Yes
  • LocationTopo Cul-De-Sac2: Yes
  • Appliances Included Wtr SoftenerOwned: Yes
  • Pets Yes: Yes
  • Style Spanish2: Yes
  • Foundation Raised: Yes
  • Heating Air Purification Sys2: Yes
  • FlrWdw Coverings VinylLinoleum2: Yes
  • FlrWdw Coverings PRT2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Washer, Wtr Softener/Owned
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Primary Bedroom, Family Room, Dining Room, Other, 2+, LR
  • Total Bedrooms: 14
  • Bedrooms Basement: Yes
  • Appliances Included:Double Oven2: Yes

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Setting
  • Construction Type: Other, Stucco
  • Acres: 1.3
  • Topography: Level
  • Exterior Features: Patio Open, Lawn, Yard Irrigation PRT, Fenced: PRT
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #3, Detached

Utilities

  • Heating: Gravity, Air Purification Sys
  • HeatingYN: Yes
  • Utilities: Underground Util
  • Water Source: Pvt Wtr Sys, Mont Wtr
  • Heating:Gravity: Yes

Schools

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

Lot Info

  • Parcel #: 007-290-016
  • Zoning: E-1
  • Lot Size Sq Ft: 56628.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2017
Closed on
May 15, 2018
Sold by
Clark Randall S and Clark Amy R
Bought by
Pillow Terry R and Wall Kelley
Seller's Agent
Barbara Koutnik
Coldwell Banker Realty
Buyer's Agent
Robert Riskin
Village Properties
List Price
$5,650,000
Sold Price
$4,808,579
Premium/Discount to List
-$841,421
-14.89%
Current Estimated Value
$8,716,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,907,705
Avg. Annual Appreciation
8.54%
Original Mortgage
$2,411,250
Outstanding Balance
$2,061,003
Interest Rate
3.9%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$6,655,281

Purchase Details

Closed on
Dec 7, 2005
Sold by
Clark Randal S and Clark Amy R
Bought by
Clark Randal S and Clark Amy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
6.32%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 17, 2005
Sold by
Clark Randal S and Clark Amy R
Bought by
Clark Randal S and Clark Amy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
6.32%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 27, 2003
Sold by
Ivydene Mutual Water Co
Bought by
Newton Ronald A and Newton Amy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,674,999
Interest Rate
4.62%
Mortgage Type
Unknown

Purchase Details

Closed on
May 22, 2003
Sold by
Newton Ronald A and Newton Amy J
Bought by
Clark Randal S and Clark Amy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,674,999
Interest Rate
4.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 27, 1998
Sold by
Thede Gerald S and Parma Harold A
Bought by
Newton Ronald A and Newton Amy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,900
Interest Rate
6.9%
Source: Public Records

Range of Values:

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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
Pillow Terry R $4,808,182 Chicago Title Co
Clark Randal S -- Fidelity National Title
Clark Randal S -- Fidelity National Title Co
Clark Randal S -- --
Newton Ronald A -- Equity Title Company
Clark Randal S -- Equity Title Company
Newton Ronald A -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pillow Terry R $2,411,250
Previous Owner Clark Randal S $2,961,500
Previous Owner Clark Randal S $2,948,428
Previous Owner Clark Randal S $3,000,000
Previous Owner Clark Randal S $1,000,000
Previous Owner Clark Randal S $262,500
Previous Owner Clark Randal S $3,000,000
Previous Owner Clark Randal S $1,674,999
Previous Owner Newton Ronald A $1,000,000
Previous Owner Newton Ronald A $999,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2018 05/24/18 Sold $4,808,579 -14.9% $986 / Sq Ft
04/09/2018 04/09/18 Pending -- -- --
05/02/2017 05/02/17 For Sale $5,650,000 -- $1,159 / 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 $57,051 $5,471,336 $2,503,221 $2,968,115
2023 $57,051 $5,258,879 $2,406,019 $2,852,860
2022 $55,107 $5,155,765 $2,358,843 $2,796,922
2021 $53,969 $5,054,673 $2,312,592 $2,742,081
2020 $53,395 $5,002,845 $2,288,880 $2,713,965
2019 $52,181 $4,904,750 $2,244,000 $2,660,750
2018 $44,735 $4,183,056 $2,505,025 $1,678,031
2017 $43,901 $4,101,036 $2,455,907 $1,645,129
2016 $42,570 $4,020,624 $2,407,752 $1,612,872
2014 $41,176 $3,882,657 $2,325,130 $1,557,527
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 17-1430

Santa Barbara Multiple Listing Service

APN: 007-290-016