NOT LISTED FOR SALE

165 Olive Mill Ln Santa Barbara, CA 93108

Estimated Value: $6,617,000 - $9,515,000

4 Beds
2.5 Baths
4,144 Sq Ft
$1,986/Sq Ft Est. Value

Sale Details

Date Sold: May 15, 2015

Last sale price $4,425,000 $1,068 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $46,491 / mo

Highlights

  • Ocean View
  • Spa
  • Updated Kitchen
  • Santa Barbara Senior High School Rated A-
  • Property is near an ocean
  • Fruit Trees

About This Home

As of May 2015

Contemporary style & sophistication are superbly met w/ comfort & ease of living in close proximity to Montecito’s Lower Village. Offering ocean & mountain vistas, the compound has a fantastic layout for multiple guests w/ the 2bd/2.5ba main house & two 1bd/1ba detached guest suites. On approx. 1 acre, this gated retreat features a private drive, two pools, lush & elaborate gardens.

Last Agent to Sell the Property

Robert Riskin

Village Properties License #01815307 / 01447045 / 01954177 / 01951069 Listed on: 02/16/2015

Last Buyer's Agent

Paul Suding &

Village Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1967

Lot Details

  • 1.07 Acre Lot
  • Dog Run
  • Gated Home
  • Level Lot
  • Irrigation
  • Fruit Trees
  • Lawn
  • Property is in excellent condition

Property Views

  • Ocean
  • Mountain

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 4,144 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Skylights
  • Multiple Fireplaces
  • Dining Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Library
  • Basement

Kitchen

  • Updated Kitchen
  • Built-In Oven
  • Built-In Range
  • Stove
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Detached Garage
  • Uncovered Parking

Outdoor Features

  • Spa
  • Property is near an ocean
  • Deck
  • Patio
  • Built-In Barbecue

Location

  • Property is near park, public transit, schools, shops, and bus stop

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned
  • Sewer Stub Out

Community Details

  • Montecito Land Co Community

Listing and Financial Details

  • Assessor Parcel Number 009-170-081

Home Details

Home Type

Single Family

Year Built

Built in 1967

Lot Details

1.07 Acres

Listing Details

  • Directions: Olive Mill to Olive Mill Lane. House located on private lane.
  • Prop. Type: Residential
  • Year Built: 1967
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level, Near Public Transit
  • ResoSecurityFeatures: Gate:Elec, Security System, Smoke Detector(s)
  • Subdivision Name: Other
  • Architectural Style: Contemporary
  • Reso Flooring: Carpet, Hardwood, Tile
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1967
  • Property Information Total #Units: 1
  • 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 Within City Limits: No
  • Condition Excellent: Yes
  • Construction Single Story2: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Pool: 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 Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Washer3: 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
  • GroundsLandscaping Built-in BBQ: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Office3: Yes
  • Dining Formal2: Yes
  • Dining In Kitchen4: Yes
  • Amenities Wet Bar2: Yes
  • Fireplace(s) Dining Room2: Yes
  • Proximity Near Bus: Yes
  • Style:Contemporary2: Yes
  • Fireplace(s):_two_3: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • Location Info Development Name: Montecito Land Co
  • GroundsLandscaping Deck3: Yes
  • GroundsLandscaping Dog Run2: Yes
  • ViewOcean: Yes
  • ParkingGarage Detached: Yes
  • Appliances Included OvenBltin: Yes
  • Appliances Included Wtr SoftenerOwned: Yes
  • Rooms LbryStudy: Yes
  • ParkingGarage Unc #33: Yes
  • WaterSewer Meter In: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • Assessor's Data Assessor Year Built: 1967.0
  • Assessor's Data Assessor Lot Acres: 1.07
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Trash Compactor, Refrigerator, Gas Range, Oven/Rnge/Blt-In, Oven/Bltin, Dishwasher, Disposal, Dryer, Gas Stove, Washer, Wtr Softener/Owned
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Dining Room, Other, 2
  • Total Bedrooms: 8
  • Bedrooms Basement: Yes
  • Appliances Included:Trash Compactor2: Yes

Exterior Features

  • Roof: Flat
  • View: Mountain(s), Ocean, Setting
  • Construction Type: Stucco
  • Topography: Level
  • Exterior Features: Pool, Deck, Patio Open, SPA-Outside, Dog Run, Lawn, Fruit Trees, Yard Irrigation T/O, Fenced: ALL
  • Foundation Details: Mixed
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2, Unc #3, Detached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • 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 #: 009-170-081
  • Zoning: R-1

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 16, 2015
Closed on
Apr 9, 2015
Sold by
Bought by
Seller's Agent
Robert Riskin
Village Properties
Buyer's Agent
Paul Suding &
Village Properties
List Price
$4,995,000
Sold Price
$4,425,000
Premium/Discount to List
-$570,000
-11.41%
Current Estimated Value
$7,707,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,282,251
Avg. Annual Appreciation
5.72%
Original Mortgage
$1,000,000
Interest Rate
0.0367%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 8, 2004
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
$1,800,000
Interest Rate
0.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 1999
Sold by
Bought by
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
$4,425,000 Fidelity National Title Co
-- Fidelity National Title Co
-- Equity Title Company
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
Closed $1,115,000
Closed $1,315,000
Closed $1,000,000
Closed $1,723,099
Closed $1,800,000
Closed $1,800,000
Closed $1,230,000
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
05/15/2015 05/15/15 Sold $4,425,000 -11.4% $1,068 / Sq Ft
02/16/2015 02/16/15 Pending -- -- --
02/16/2015 02/16/15 For Sale $4,995,000 -- $1,205 / 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 $58,334 $5,613,948 $2,972,771 $2,641,177
2025 $58,334 $5,503,872 $2,914,482 $2,589,390
2023 $57,279 $5,290,152 $2,801,310 $2,488,842
2022 $55,305 $5,186,425 $2,746,383 $2,440,042
2021 $54,161 $5,084,732 $2,692,533 $2,392,199
2020 $53,638 $5,032,595 $2,664,925 $2,367,670
2019 $52,408 $4,933,918 $2,612,672 $2,321,246
2018 $51,409 $4,837,176 $2,561,444 $2,275,732
2017 $50,460 $4,742,330 $2,511,220 $2,231,110
2016 $48,145 $4,572,481 $2,461,981 $2,110,500
2014 -- $2,871,447 $1,376,723 $1,494,724
Source: Public Records

Agents Affiliated with this Home

  • Robert Riskin

    Seller's Agent in 2015

    Robert Riskin

    Village Properties

    (805) 698-0199

    199 Total Sales

    Robert Riskin
    Section Image

  • P

    Buyer's Agent in 2015

    Paul Suding &

    Village Properties

  • B

    Buyer Co-Listing Agent in 2015

    Brittany Lough

    Village Properties - 1

    (805) 455-5736

    15 Total Sales

    Brittany Lough
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 15-507

Santa Barbara Multiple Listing Service

APN: 009-170-081

California Santa Barbara County Santa Barbara 93108

165 Olive Mill Ln, Santa Barbara, CA

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