J
Seller's Agent in 2020
Joseph McCorkell
Sotheby's International Realty
165 Middle Rd Santa Barbara, CA 93108
Estimated Value: $6,054,000 - $12,725,355
6
Beds
6
Baths
6,661
Sq Ft
$1,412/Sq Ft
Est. Value
Highlights
- Ocean View
- Spa
- 1.8 Acre Lot
- Santa Barbara Senior High School Rated A-
- Property is near an ocean
- Fruit Trees
About This Home
As of July 2020Remarkable Lower Village Montecito Estate on 2 parcels that total an appx 1.8 acre street to street lot. You cannot duplicate this location & lot size w/ its proximity to the Coast Village road & the beach. One lot contains the beautiful Croyden house, a distinctive Country English historic home filled w/ a character rarely found. Gated for privacy, light filled w/ grand scale rooms, 5 upstairs bedrooms & a main floor guest suite. The spectacular grounds w/ a beautiful pool & abundant outdoor living spaces could not be more conducive to the Southern California outdoor lifestyle. Complete w/ a massive wine cellar, 7 fireplaces & architectural details too numerous to mention. The second lot is vacant and ready for your imagination; maybe build a second home or build a guest house. Leave the lot in its entirety of appx. 1.8 acres & cultivate that garden you have always wanted but never had the space for (water meter already installed), or physically divide the lot & sell it.
The second buildable lot has its own address of 1190 Oriole Drive. Chandelier in dining room and woven basket fixture in family room are excluded. Broker and broker's agents do not represent or guarantee accuracy of the square footage, bedroom/bathroom count, lot size/ dimensions, permitted or un-permitted spaces or other information concerning the conditions or features of the property or construction of a second home. Buyer is advised to independently verify the accuracy of all information through personal inspection & with appropriate professionals. Property is to be sold in it's as is condition.
Last Agent to Sell the Property
Joseph McCorkell
Sotheby's International Realty Listed on: 02/10/2020
Co-Listed By
Barry Fields
Sotheby's International Realty License #01298879
Last Buyer's Agent
Joseph McCorkell
Berkshire Hathaway HomeServices California Properties
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $71,560
Year Built
- Built in 1929
Lot Details
- 1.8 Acre Lot
- Fenced
- Level Lot
- Irrigation
- Fruit Trees
- Property is zoned E-1
Parking
- Garage
Property Views
- Ocean
- Mountain
Home Design
- Tudor Architecture
- Stucco
Interior Spaces
- 6,661 Sq Ft Home
- Multiple Fireplaces
- Gas Fireplace
- Family Room
- Formal Dining Room
- Library
- Basement
Kitchen
- Breakfast Area or Nook
- Stove
- Gas Range
- Trash Compactor
- Disposal
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 6 Bedrooms
- Main Floor Bedroom
- 6 Full Bathrooms
Pool
- Spa
- Outdoor Pool
Outdoor Features
- Property is near an ocean
- Deck
- Covered Patio or Porch
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
- Central Air
- Gravity Heating System
- Water Softener is Owned
Listing and Financial Details
- Exclusions: Other, Chandelier
- Assessor Parcel Number 009-164-001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 10, 2020
Closed on
Jun 25, 2020
Sold by
Martin Gauthier
Bought by
Duncan Tyler J and Duncan Whitney K
Seller's Agent
Joseph McCorkell
Sotheby's International Realty
Buyer's Agent
Joseph McCorkell
Berkshire Hathaway HomeServices California Properties
List Price
$6,780,000
Sold Price
$6,375,000
Premium/Discount to List
-$405,000
-5.97%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,935,319
Avg. Annual Appreciation
7.99%
Original Mortgage
$4,781,250
Outstanding Balance
$4,249,135
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$5,158,704
Purchase Details
Listed on
Mar 7, 2016
Closed on
Feb 24, 2016
Sold by
Banks Charles A and Banks Alison C
Bought by
Gauthier Martin
Seller's Agent
Robert Riskin
Village Properties
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$8,750,000
Sold Price
$8,191,260
Premium/Discount to List
-$558,740
-6.39%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.54%
Purchase Details
Closed on
Nov 12, 2007
Sold by
Gfm West Llc
Bought by
Banks Charles A and Banks Allison C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,800,000
Interest Rate
5.65%
Mortgage Type
Unknown
Purchase Details
Closed on
Aug 24, 2000
Sold by
Beifuss William E and Beifuss Alice
Bought by
Gfm West Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
8.2%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Duncan Tyler J | $6,375,000 | Equity Title Los Angeles | |
| Gauthier Martin | $8,191,500 | Chicago Title Company | |
| Banks Charles A | -- | Equity Title Company Santa B | |
| Gfm West Llc | -- | Lawyers Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Duncan Tyler J | $4,781,250 | |
| Previous Owner | Gauthier Martin | $12,000,000 | |
| Previous Owner | Banks Charles A | $351,607 | |
| Previous Owner | Banks Charles A | $750,000 | |
| Previous Owner | Banks Charles A | $5,250,000 | |
| Previous Owner | Banks Charles A | $1,239,095 | |
| Previous Owner | Banks Charles A | $4,800,000 | |
| Previous Owner | Gfm West Llc | $1,000,000 | |
| Previous Owner | Beifuss Alice | $1,050,000 | |
| Previous Owner | Beifuss William | $70,581 | |
| Previous Owner | Beifuss William E | $350,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2020 07/31/20 | Sold | $6,375,000 | -6.0% | $957 / Sq Ft |
| 05/31/2020 05/31/20 | Pending | -- | -- | -- |
| 02/10/2020 02/10/20 | For Sale | $6,780,000 | -17.2% | $1,018 / Sq Ft |
| 03/07/2016 03/07/16 | Sold | $8,191,260 | -6.4% | $1,230 / Sq Ft |
| 03/07/2016 03/07/16 | Pending | -- | -- | -- |
| 03/07/2016 03/07/16 | For Sale | $8,750,000 | -- | $1,314 / Sq Ft |
Source: Santa Barbara Multiple Listing Service
Tax History Compared to Growth
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 | $71,560 | $6,900,504 | $3,788,512 | $3,111,992 |
| 2023 | $71,560 | $6,632,550 | $3,641,400 | $2,991,150 |
| 2022 | $69,121 | $6,502,500 | $3,570,000 | $2,932,500 |
| 2021 | $67,686 | $6,375,000 | $3,500,000 | $2,875,000 |
| 2020 | $93,368 | $8,866,480 | $4,113,241 | $4,753,239 |
| 2019 | $91,258 | $8,692,629 | $4,032,590 | $4,660,039 |
| 2018 | $89,498 | $8,522,186 | $3,953,520 | $4,568,666 |
| 2017 | $87,905 | $8,355,085 | $3,876,000 | $4,479,085 |
| 2016 | $85,239 | $8,190,000 | $3,900,000 | $4,290,000 |
| 2015 | $96,370 | $9,278,000 | $4,366,000 | $4,912,000 |
| 2014 | $92,147 | $8,836,000 | $4,158,000 | $4,678,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
B
Seller Co-Listing Agent in 2020
Barry Fields
Sotheby's International Realty
-
Seller's Agent in 2016
Robert Riskin
Village Properties
(805) 698-0199
144 in this area
215 Total Sales
-
N
Buyer's Agent in 2016
Non Member Agent
Non Member Office
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 20-505
APN: 009-164-001
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