NOT LISTED FOR SALE

1580 Bolero Dr Santa Barbara, CA 93108

Estimated Value: $8,157,000 - $11,252,889

4 Beds
4.5 Baths
5,115 Sq Ft
$1,816/Sq Ft Est. Value

Last Sold July 15, 2019

Last sale price $4,800,000 $938 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $55,759/month

70 Days on Market

Highlights

  • Spa
  • Fruit Trees
  • Deck
  • Santa Barbara Senior High School Rated A-
  • Mountain View
  • Property is near a park

About This Home

As of July 2019

At the end of a lane and down a driveway, this quintessential ranch home on ±1.20 acres encompasses all that is Montecito living: privacy, sophistication, views and seamless indoor-outdoor living. Nearly every room in the home has large picture windows opening to views of the mountains or the perfectly landscaped grounds. Featuring high open-beam vaulted ceilings, allowing for an abundance of natural light, the flexible single-level floorplan offers spacious secluded bedroom suites and inviting entertaining spaces. The expansive grounds are thoughtfully utilized, including a dazzling pool/spa, dining terraces, lovely lawn area w/ firepit, elegant motor court and gorgeous landscaping of roses, palms, hedges and more. Conveniently located close to Montecito's upper village.

Last Agent to Sell the Property

Cristal Clarke

Berkshire Hathaway HomeServices California Properties License #00968247 Listed on: 03/26/2019

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Patrice Serrani

Capital Lending Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $62,786

Year Built

  • Built in 1963

Lot Details

  • 1.2 Acre Lot
  • Fruit Trees
  • Lawn
  • Property is in excellent condition

Parking

  • Attached Garage

Home Design

  • Ranch Style House
  • Cottage
  • Stucco

Interior Spaces

  • Cathedral Ceiling
  • Skylights
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Mountain Views
  • Breakfast Area or Nook
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • Spa
  • Outdoor Pool

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Built-In Barbecue

Location

  • Property is near a park
  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Stub Out

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 011-150-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$62,786

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1963
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • Architectural Style: Cal Cottage, Ranch
  • Reso Flooring: Wood, Carpet, Tile
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1963
  • Property Information Apx # Acres: 1.2
  • 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 Within City Limits: No
  • Condition Excellent: Yes
  • Style Cal Cottage: Yes
  • Construction Single Story2: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: 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
  • Laundry Laundry Room2: Yes
  • Amenities Skylight2: Yes
  • Fireplace(s) LR: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • Proximity Near Shopping2: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Fireplace(s) Family Room3: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • GroundsLandscaping Deck3: Yes
  • FlrWdw Coverings Wood2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Family Room

Exterior Features

  • View: Mountain(s), Setting
  • Construction Type: Stucco
  • Acres: 1.2
  • Exterior Features: Pool, Deck, Patio Open, Patio Covered, SPA-Outside, Lawn, Fruit Trees

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #2, Attached

Utilities

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

Condo/Co-op/Association

  • Association: No

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 #: 011-150-010
  • Zoning: Other
  • Lot Size Sq Ft: 52272.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2019
Closed on
Jul 3, 2019
Sold by
Samuels Jonathan H and Samuels Kelly S
Bought by
Sternberg Philip and Sternberg Catherine
Seller's Agent
Cristal Clarke
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Patrice Serrani
Capital Lending Group
List Price
$5,395,000
Sold Price
$4,800,000
Premium/Discount to List
-$595,000
-11.03%
Current Estimated Value
$9,291,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,491,222
Avg. Annual Appreciation
11.36%
Original Mortgage
$3,000,000
Interest Rate
3.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 23, 2015
Sold by
Samuels Jonathan and Samuels Kelly S
Bought by
The Samuels Family Trust

Purchase Details

Closed on
Mar 29, 2006
Sold by
Westbury Lawrence William and Westbury Celia Harrington
Bought by
Samuels Jonathan and Samuels Kelly S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 4, 2001
Sold by
Westbury Lawrence William and Westbury Celia Harrington
Bought by
Westbury Lawrence William and Westbury Celia Harrington

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$641,000
Interest Rate
6.67%

Purchase Details

Closed on
May 24, 1996
Sold by
Case Mary Louise
Bought by
Westbury Lawrence William and Westbury Celia Harrington

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$716,000
Interest Rate
7.97%

Purchase Details

Closed on
Sep 25, 1995
Sold by
Case Mary Louise and Price Mary Louise
Bought by
Case Mary Louise
Source: Public Records

Range of Values:

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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
Sternberg Philip $4,800,000 Wfg National Title Ins Co
The Samuels Family Trust -- None Available
Samuels Jonathan $3,571,500 Fidelity National Title Co
Westbury Lawrence William -- --
Westbury Lawrence William -- Fidelity National Title Co
Westbury Lawrence William -- First American Title
Case Mary Louise -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sternberg Philip $3,000,000
Closed Sternberg Philip $3,000,000
Previous Owner Samuels Jonathan $2,350,000
Previous Owner Samuels Jonathan $2,350,000
Previous Owner Samuels Jonathan $2,350,000
Previous Owner Samuels Jonathan $2,340,000
Previous Owner Samuels Jonathan $500,000
Previous Owner Samuels Jonathan $2,499,700
Previous Owner Westbury Lawrence William $80,000
Previous Owner Westbury Lawrence William $50,000
Previous Owner Westbury Lawrence William $641,000
Previous Owner Westbury Lawrence William $716,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2019 07/15/19 Sold $4,800,000 -11.0% $938 / Sq Ft
06/04/2019 06/04/19 Pending -- -- --
03/26/2019 03/26/19 For Sale $5,395,000 -- $1,055 / 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 $62,786 $6,249,498 $2,187,291 $4,062,207
2023 $62,786 $5,195,655 $2,102,356 $3,093,299
2022 $53,433 $4,995,722 $2,061,134 $2,934,588
2021 $51,835 $4,849,727 $2,020,719 $2,829,008
2020 $51,327 $4,800,000 $2,000,000 $2,800,000
2019 $50,797 $4,770,694 $3,062,668 $1,708,026
2018 $49,831 $4,677,152 $3,002,616 $1,674,536
2017 $48,911 $4,585,444 $2,943,742 $1,641,702
2016 $47,430 $4,495,534 $2,886,022 $1,609,512
2015 $46,632 $4,428,008 $2,842,672 $1,585,336
2014 -- $4,341,270 $2,786,988 $1,554,282
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-980

Santa Barbara Multiple Listing Service

APN: 011-150-010