NOT LISTED FOR SALE

1620 E Mountain Dr Santa Barbara, CA 93108

Estimated Value: $8,032,000 - $11,238,644

6 Beds
7.5 Baths
4,439 Sq Ft
$2,154/Sq Ft Est. Value

Last Sold March 19, 2015

Last sale price $6,845,000 $1,542 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $57,264/month

18 Days on Market

Highlights

  • Additional Residence on Property
  • Ocean View
  • Updated Kitchen
  • Santa Barbara Senior High School Rated A-
  • Solar Power System
  • 1.74 Acre Lot

About This Home

As of March 2015

Secluded, intimate & luxuriously understated, this ocean view Montecito compound will take your breath away. No detail has been overlooked in the restoration of this magnificent property encompassing 1.7 acres in the most coveted Montecito neighborhood. The 3 Bd main house offers a covered terrace with stunning ocean views, elegant formal living & dining rms, 2 fireplaces & media room w/kitchen. The Guest Cottage offers 2 large bedrooms each with it's own bathroom, a sitting room with fireplace and a kitchen that opens onto a private patio. A short stroll up the garden path leads to a charming workshop or studio. This property also features an additional structure, plus a detached two car garage. (Buyers to verify all permits and zoning compliance.)

Last Agent to Sell the Property

Nancy Kogevinas

Berkshire Hathaway HomeServices California Properties License #01209514 Listed on: 02/07/2015

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Susan Burns

Sotheby's International Realty License #00878065

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 1.74 Acre Lot
  • Gated Home
  • Lot Has A Rolling Slope
  • Irrigation
  • Fruit Trees
  • Lawn
  • Property is in excellent condition

Parking

  • Detached Garage

Property Views

  • Ocean
  • Panoramic
  • Mountain

Home Design

  • Brick Exterior Construction
  • Raised Foundation
  • Slate Roof
  • Wood Siding

Interior Spaces

  • 4,439 Sq Ft Home
  • Wet Bar
  • Multiple Fireplaces
  • Double Pane Windows
  • Living Room with Fireplace
  • Formal Dining Room
  • Library

Kitchen

  • Updated Kitchen
  • Built-In Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom
  • Low Flow Plumbing Fixtures

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Home Security System
  • Intercom
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Tankless Water Heater
  • Water Softener is Owned
  • Sewer Stub Out

Additional Features

  • Solar Power System
  • Additional Residence on Property
  • Property is near schools and shops

Listing and Financial Details

  • Assessor Parcel Number 011-070-029

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Directions: San Ysidro Ln, Right on E. Mountain. Stay Right when road splits. Property is on the left behind gates. PROPERTY WEBSITE: 1620.montecitoproperties.com or 1620.montecitoproperties.com/tour/
  • Prop. Type: Residential
  • Year Built: 1940
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Gas Hookup, Laundry Room
  • ResoLotFeatures: Rolling Slope
  • ResoSecurityFeatures: Gate:Elec, Security System, Smoke Detector(s)
  • Architectural Style: Other
  • Reso Flooring: Carpet, Hardwood, Tile
  • Garage Yn: Yes
  • New Construction: No
  • Reso Other Structures: Other, Shed(s), Second Residence
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1940
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.74
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • LocationTopo Rolly2: Yes
  • Site Improvements Underground Util: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • View Setting2: Yes
  • Proximity Near School(s)2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Microwave3: 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
  • Cooling Central Air: Yes
  • Exterior BrickStone: Yes
  • Proximity Near Shopping2: Yes
  • Dining Formal2: Yes
  • Amenities Wet Bar2: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Fireplace(s):_two_3: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Deck3: Yes
  • Other Buildings Shed: Yes
  • ViewOcean: Yes
  • Amenities Second Residence: Yes
  • ParkingGarage Detached: Yes
  • Appliances Included Low Flow Fixtures2: Yes
  • Laundry Gas Hookup2: Yes
  • Amenities Solar PV2: Yes
  • Appliances Included OvenBltin: Yes
  • Appliances Included Wtr SoftenerOwned: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Foundation Raised: Yes
  • Rooms LbryStudy: Yes
  • WaterSewer Meter In: Yes
  • Roof Slate2: Yes
  • Appliances Included Intercom2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Tankless Water Heater, Oven/Bltin, Dishwasher, Disposal, Double Oven, Intercom, Low Flow Fixtures, Microwave, Wtr Softener/Owned
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Primary Bedroom, 2, LR
  • Appliances Included:Tankless Water Heater: Yes
  • Appliances Included:Double Oven2: Yes

Exterior Features

  • Roof: Slate
  • View: Mountain(s), Ocean, Setting, Panoramic
  • Construction Type: Wood Siding, Brick/Stone
  • Acres: 1.74
  • Topography: Rolly
  • Exterior Features: Deck, Patio Open, Patio Covered, Lawn, Fruit Trees, Yard Irrigation T/O, Fenced: ALL
  • Foundation Details: Raised

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Utilities: Underground Util
  • Water Source: Meter In, 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 #: 011-070-029
  • Zoning: R-1
  • Lot Size Sq Ft: 75794.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2015
Closed on
Mar 13, 2015
Sold by
Brant Maria Duque
Bought by
E V Marvista Llc
Seller's Agent
Nancy Kogevinas
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Susan Burns
Sotheby's International Realty
List Price
$6,950,000
Sold Price
$6,845,000
Premium/Discount to List
-$105,000
-1.51%
Current Estimated Value
$9,559,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,714,911
Avg. Annual Appreciation
3.14%

Purchase Details

Closed on
May 26, 2010
Sold by
Brant Maria Duque
Bought by
Brant Maria Duque

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.05%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
E V Marvista Llc $6,845,000 Chicago Title Company
Brant Maria Duque -- Fidelity National Title
Brant Maria Duque -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brant Maria Duque $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2015 03/19/15 Sold $6,845,000 -1.5% $1,542 / Sq Ft
02/24/2015 02/24/15 Pending -- -- --
02/06/2015 02/06/15 For Sale $6,950,000 -- $1,566 / 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 $87,294 $8,400,746 $4,906,048 $3,494,698
2023 $87,294 $8,074,537 $4,715,541 $3,358,996
2022 $84,218 $7,916,214 $4,623,080 $3,293,134
2021 $82,472 $7,760,995 $4,532,432 $3,228,563
2020 $81,667 $7,681,417 $4,485,958 $3,195,459
2019 $79,968 $7,530,802 $4,397,999 $3,132,803
2018 $77,748 $7,383,140 $4,311,764 $3,071,376
2017 $76,354 $7,238,373 $4,227,220 $3,011,153
2016 $72,543 $6,949,386 $4,061,000 $2,888,386
2014 $28,758 $2,682,545 $1,412,156 $1,270,389
Source: Public Records

Agents Affiliated with this Home

  • Nancy Kogevinas

    Seller's Agent in 2015

    Nancy Kogevinas

    Berkshire Hathaway HomeServices California Properties

    (805) 450-6233

    115 in this area

    221 Total Sales

    Nancy Kogevinas
    Section Image

  • S

    Buyer's Agent in 2015

    Susan Burns

    Sotheby's International Realty

    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 15-414

Santa Barbara Multiple Listing Service

APN: 011-070-029

California Santa Barbara County Santa Barbara 93108

1620 E Mountain Dr, Santa Barbara, CA

Not Listed for Sale

Detached

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