NOT LISTED FOR SALE

1641 E Valley Rd Santa Barbara, CA 93108

Estimated Value: $5,596,000 - $7,051,000

4 Beds
4.5 Baths
3,458 Sq Ft
$1,871/Sq Ft Est. Value

Last Sold November 22, 2023

Last sale price $5,460,000 $1,579 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $39,861/month

6 Days on Market

Highlights

  • Accessory Dwelling Unit (ADU)
  • Spa
  • Updated Kitchen
  • Santa Barbara Senior High School Rated A-
  • Property is near an ocean
  • Mountain View

About This Home

As of November 2023

Close to Montecito's Upper Village, this beautifully remodeled single level home sits on one full flat usable acre. Amazing open chef's kitchen. Glass windows from floor to ceiling throughout the home offers tons of natural light. Outdoor kitchen and lounge area ideal for entertaining. New ADU on property. Exquisitely landscaped with lush gardens, bocce court and a 5 station golf practice area.

Last Agent to Sell the Property

Ryan Malmsten

Santa Barbara Brokers, Inc. License #01867047 Listed on: 10/17/2023

Last Buyer's Agent

Marsha Kotlyar Estate Group

Berkshire Hathaway HomeServices California Properties License #01426886

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $58,668

Year Built

  • Built in 1954

Lot Details

  • 1 Acre Lot
  • Fenced
  • Level Lot
  • Irrigation
  • Drought Tolerant Landscaping
  • Property is in excellent condition

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shake Roof
  • Stucco

Interior Spaces

  • 3,458 Sq Ft Home
  • Wet Bar
  • Sound System
  • Multiple Fireplaces
  • Family Room with Fireplace
  • Dining Area
  • Home Office
  • Wood Flooring
  • Mountain Views

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Spa
  • Property is near an ocean
  • Deck
  • Covered Patio or Porch
  • Gazebo
  • Built-In Barbecue

Additional Homes

  • Accessory Dwelling Unit (ADU)
  • Number of ADU Units: 1
  • ADU built in 2018
  • ADU includes 1 Bedroom and 1 Bathroom
  • Range Cooktop
  • Refrigerator
  • Stove

Location

  • 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

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 007-170-019

Community Details

Recreation

  • Bocce Ball Court

Additional Features

  • 2 Units
  • Restaurant

Home Details

Home Type

Single Family

Est. Annual Taxes

$58,668

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Directions: E. Valley to 1641
  • Prop. Type: Residential
  • Year Built: 1954
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level, Near Public Transit
  • ResoSecurityFeatures: Smoke Detector(s), Fire Sprinkler System
  • Architectural Style: Ranch
  • Reso Flooring: Hardwood
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Other Structures: ADU (Accessory Dwelling Unit), Second Residence
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1954
  • Property Information Total #Units: 2
  • Property Information Apx # Acres: 1.0
  • 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
  • Property Information ADU: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Construction Single Story2: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • GroundsLandscaping Drought Tolerant LND2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near School(s)2: Yes
  • Dining Dining Area2: 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 Gas Stove3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Security Smoke Detector(s)2: Yes
  • Security Fire Sprinkler System: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Cooling Central Air: Yes
  • Property Information ADU Count: 1
  • GroundsLandscaping Built-in BBQ: Yes
  • GroundsLandscaping Bocce Ball: Yes
  • Other Buildings ADU (Accessory Dwelling Unit): Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Rooms Office3: Yes
  • Amenities Sound System: Yes
  • Amenities Wet Bar2: Yes
  • Appliances Included Built-In Gas Range: Yes
  • Fireplace(s) Family Room3: Yes
  • Proximity Near Bus: Yes
  • Fireplace(s):_two_3: Yes
  • GroundsLandscaping Deck3: Yes
  • GroundsLandscaping Hot Tub2: Yes
  • Amenities Second Residence: Yes
  • ADU #1 Type2: ADU
  • ADU #1 Attached2: No
  • Pets Yes: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • ADU #1 Year Built5: 2018
  • ADU #1 Beds: 1
  • ADU #1 Baths2: 1
  • ADU1 Kitchen Features Stove: Yes
  • ADU1 Kitchen Features Range: Yes
  • ADU1 Kitchen Features Refrigerator2: Yes
  • GroundsLandscaping Gazebo2: Yes
  • Roof Shake: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Built-In Gas Range, Built-In Gas Oven, Dishwasher, Disposal, Dryer, Gas Stove, Microwave, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, 2
  • Appliances Included:Built-In Gas Oven: Yes

Exterior Features

  • Roof: Shake
  • View: Mountain(s)
  • Construction Type: Stucco
  • Acres: 1.0
  • Topography: Level
  • Exterior Features: Deck, Patio Covered, Hot Tub, Gazebo, Yard Irrigation T/O, Fenced: ALL, Drought Tolerant LND
  • Foundation Details: Slab

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: 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 #: 007-170-019
  • Zoning: R-1
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2023
Closed on
Nov 9, 2023
Sold by
Timothy M Hatton M and Timothy Jennifer I
Bought by
Elena And Sydney Baca Family Trust and Baca
Seller's Agent
Ryan Malmsten
Santa Barbara Brokers, Inc.
Buyer's Agent
Marsha Kotlyar Estate Group
Berkshire Hathaway HomeServices California Properties
List Price
$5,500,000
Sold Price
$5,460,000
Premium/Discount to List
-$40,000
-0.73%
Views
68
Current Estimated Value
$6,468,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,008,439
Avg. Annual Appreciation
9.93%
Original Mortgage
$4,884,657
Outstanding Balance
$4,787,229
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$1,681,210

Purchase Details

Listed on
Apr 21, 2015
Closed on
Sep 26, 2015
Sold by
Hollander Robert E and Robinson Pamela
Bought by
The Timothy M Hatton & Jennifer I Hatton
Seller's Agent
Maureen McDermut
Sotheby's International Realty
Buyer's Agent
Ryan Malmsten
Santa Barbara Brokers, Inc.
List Price
$2,595,000
Sold Price
$2,229,600
Premium/Discount to List
-$365,400
-14.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.62%
Original Mortgage
$1,672,200
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 20, 2008
Sold by
Hollander Robert E and Robinson Pamela
Bought by
Hollander Robert E and Robinson Pamela

Purchase Details

Closed on
Jan 3, 2003
Sold by
Robinson Pamela
Bought by
Robinson Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
5.96%

Purchase Details

Closed on
Oct 9, 2001
Sold by
Robinson Pamela and Specktor Pamela Robinson
Bought by
Robinson Pamela

Purchase Details

Closed on
Dec 18, 2000
Sold by
Robinson Specktor Frederick Alan
Bought by
Specktor Pamela Robinson

Purchase Details

Closed on
Mar 24, 1994
Sold by
Lester Phyllis H and Macdonald Lucinda Lester
Bought by
Specktor Frederick Alan and Specktor Pamela Robinson

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
7.38%
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
Elena And Sydney Baca Family Trust $5,460,000 Chicago Title Company
The Timothy M Hatton & Jennifer I Hatton $2,230,000 Chicago Title Company
Hollander Robert E -- None Available
Hollander Robert E -- None Available
Robinson Pamela -- Equity Title Company
Robinson Pamela -- Equity Title Company
Robinson Pamela -- --
Specktor Pamela Robinson -- --
Specktor Frederick Alan -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elena And Sydney Baca Family Trust $4,884,657
Previous Owner Hatton Timothy M $1,856,000
Previous Owner Hotton Timothy M $75,000
Previous Owner Hatton Timothy M $250,000
Previous Owner The Timothy M Hatton & Jennifer I Hatton $1,672,200
Previous Owner Hollander Robert E $1,060,000
Previous Owner Hollander Robert E $1,000,000
Previous Owner Robinson Pamela $294,000
Previous Owner Specktor Frederick Alan $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2023 11/22/23 Sold $5,460,000 -0.7% $1,579 / Sq Ft
10/23/2023 10/23/23 Pending -- -- --
10/17/2023 10/17/23 For Sale $5,500,000 +146.7% $1,591 / Sq Ft
09/30/2015 09/30/15 Sold $2,229,600 -14.1% $945 / Sq Ft
08/26/2015 08/26/15 Pending -- -- --
04/21/2015 04/21/15 For Sale $2,595,000 -- $1,100 / 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 $58,668 $5,569,200 $3,060,000 $2,509,200
2023 $58,668 $2,772,363 $1,854,203 $918,160
2022 $30,456 $2,718,004 $1,817,847 $900,157
2021 $29,855 $2,664,710 $1,782,203 $882,507
2020 $29,553 $2,637,387 $1,763,929 $873,458
2019 $28,617 $2,566,067 $1,729,343 $836,724
2018 $26,311 $2,339,675 $1,695,435 $644,240
2017 $24,901 $2,274,192 $1,662,192 $612,000
2016 $24,139 $2,229,600 $1,629,600 $600,000
2015 $13,231 $1,173,809 $636,403 $537,406
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-3140

Santa Barbara Multiple Listing Service

APN: 007-170-019