NOT LISTED FOR SALE

1620 E Mountain Dr Santa Barbara, CA 93108

Montecito Area

Estimated Value: $7,343,000 - $11,526,129

6 Beds
7.5 Baths
4,439 Sq Ft
$2,112/Sq Ft Est. Value

Sale Details

Date Sold: March 19, 2015

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

Est. 37% increase in value since last sale

Current estimated payment $58,334 / mo

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

Sotheby's International Realty License #01209514 Listed on: 02/07/2015

Sotheby's International Realty

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
  • Property is Fully Fenced
  • 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
  • Stone Exterior Construction

Interior Spaces

  • 4,439 Sq Ft Home
  • Wet Bar
  • 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

1.74 Acres

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 Interior Features: Low Flow Plumbing Fixtures
  • 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 Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: 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
  • FlrWdw Coverings Carpet: Yes
  • Other Buildings Shed: Yes
  • ViewOcean: Yes
  • Amenities Second Residence: Yes
  • ParkingGarage Detached: Yes
  • Laundry Gas Hookup2: Yes
  • Amenities Solar PV2: Yes
  • Appliances Included OvenBltin: Yes
  • Appliances Included Wtr SoftenerOwned: Yes
  • Foundation Raised: Yes
  • Rooms LbryStudy: Yes
  • WaterSewer Meter In: Yes
  • Roof Slate2: Yes
  • Fireplace(s) 23: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven, Refrigerator, Gas Range, Tankless Water Heater, Dishwasher, Disposal, Double Oven, Microwave, Wtr Softener/Owned
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Living Room, Primary Bedroom
  • Appliances Included:Tankless Water Heater: Yes
  • Appliances Included:Double Oven2: Yes

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Utilities: Underground Utilities
  • 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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2015
Closed on
Mar 13, 2015
Sold by
Bought by
Seller's Agent
Nancy Kogevinas
Sotheby's International Realty
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
$9,373,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,528,376
Avg. Annual Appreciation
2.81%

Purchase Details

Closed on
May 26, 2010
Sold by
Bought by

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
New Conventional
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$6,845,000 Chicago Title Company
-- Fidelity National Title
-- Fidelity National Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $5,500,000
Previous Owner $1,500,000
Previous Owner $1,500,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $88,904 $8,568,759 $5,004,168 $3,564,591
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

    Sotheby's International Realty

    (805) 450-6233

    184 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

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