NOT LISTED FOR SALE

Estimated Value: $2,798,000 - $3,597,000

5 Beds
4.5 Baths
3,448 Sq Ft
$964/Sq Ft Est. Value

Last Sold April 05, 2019

Last sale price $1,925,000 $558 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $19,197/month

189 Days on Market

Highlights

  • Ocean View
  • Art Studio
  • Fruit Trees
  • Cold Spring Elementary School Rated A+
  • Updated Kitchen
  • Deck

About This Home

As of April 2019

Built on Caissons, this completely remodeled Montecito Hilltop Sanctuary with captivating panoramic views is located within the #1 elementary school district in California! Ideal for dual family living, this entire property has been thoroughly renovated to perfection and beyond by award-winning AB Design Studio! There are two separate, 2-story structures, a 2215sf main residence featuring 4 bedrooms, 3.5 baths, laundry room and a 1,233 sf accessory ''guest house'' structure featuring a 2-car garage, private workshop/home office or gym, multi-purpose room upstairs with a 3/4 bathroom. Located in the award-winning Cold Springs elementary school district.

This property is a must see! An extensive list of upgrades are under the ''documents'' tab.

Main Residence (2,215 SF)
Stats: 2-story structure, 4-bedroom, 3.5 bathrooms, Laundry Room, gas fireplace

New masterfully designed kitchen with full stainless steel appliances: Full size Fridge, Full size Freezer, Professional Gas range and hood, Convection/Microwave, Dishwasher, Wine Fridge included. Farmhouse sink and granite countertops throughout. Decorative lighting and undercounted lighting. Bakers Pantry/Appliance Garage with pull out pantries on each side.

The Laundry room has built-in counters and upper cabinets with ample storage throughout. A laundry sink and new faucet are built in to the wrap-around folding table. The utility closet contains the new High-Efficiency Heat-pump with AC condenser outside the back door to both heat and cool the main home.

Beautiful hardwood floors throughout the lower level and upper hall, wood siding wall at the entry and fireplace. Custom designed and fabricated Dutch-door at entry.

All bathrooms have new cabinets throughout with marble tops and chrome fixtures. New lighting and mirrors help finish of each bathroom in a highly stylized way. Custom tile layouts for each bathroom display craftsmanship and design.

The ground-floor master suite has separately switched reading lights at the bed wall. Custom shelving niches flank an art wall opposite the bed wall and views of the canyon can be seen while lying in bed. The master closet has been adorned with custom built in drawers and shelf and rods with a barn door entry

The upstairs bedrooms are all finished out with new lighting, new carpet to reduce sound transmission to lower level. Each closet has been outfitted with built-in shelving and rods to maximize storage. All three rooms have views windows of the natural hills and canyons surrounding the site.

Accessory Structure (1,233 SF)
Stats: 2-story, 2-car garage, private workshop/home office or gym, Utility Room, Multi-purpose room upstairs with 3/4 bathroom.

The newly remodeled 2-car garage comes equipped with a new garage door and opener, 30-amp dedicated circuit for EV Charger location, ample storage for bikes, surfboards and the like. The slab has a new epoxy coating on it for durability and there is new LED lighting throughout.

Next to the garage on the ground level is the Workshop. This space has many opportunities including a work out facility, home office, workshop for the DIY guy or gal, etc. This space is connected to the garage and has a separate exterior entrance and its own electrical panel. There is also, new LED lighting throughout. Attached to the workshop is an 7'x8' utility room which houses the new Heat Pump for the Accessory Structure. This unit is a high-efficiency unit and is set up for a future AC Condenser if the need arises. All new ductwork and registers throughout.

Upstairs you will find a large open multi-purpose with many use options - rental unit, game room, fitness room, home office, you name it. This room has new flooring throughout and a fully remodeled 3/4 bathroom. New lighting in all spaces and new sliders that open out to a deck with expansive views of the Channel Islands and Los Padres Mountains. The south wall of the room has been stubbed out with plumbing supply, plumbing waste and electrical for a future installation of a wet-bar for entertaining or a small kitchenette.

Other New items throughout project:

New 30-year roof with new insulation
New gutters
New Exterior/Interior lighting throughout
New dual pane windows, sliders and exterior doors
New exterior siding primed and painted
New Balcony/Decks and Railings
Electrical wiring redone through entire project
Plumbing redone through entire project, including piping and fixtures
New drywall and insulation throughout
New interior doors, hardware and trim
Each room wired with CAT6 and Coax for media
Nest Thermostats in both structures
Nest Smoke/CO2 detectors
Nest Cameras system
Radon System installed in crawl space
Septic System tested and repaired and fully functional
New concrete motor court
New chip-seal driveway.
New Landscaping, irrigation and site walls
New solar powered pathway/site lighting
New FIre-pit at Main house
New custom design and fabricated Address signage
House was Inspected for Termites and Tented prior to listing

Essentially, this is a new home. :)

Last Agent to Sell the Property

Jason Streatfeild

Berkshire Hathaway HomeServices California Properties Listed on: 10/17/2018

Last Buyer's Agent

Robert Riskin

Village Properties License #01815307 / 01447045 / 01954177 / 01951069

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • 0.97 Acre Lot
  • Dog Run
  • Level Lot
  • Irrigation
  • Hilly Lot
  • Fruit Trees
  • Property is in excellent condition

Property Views

  • Ocean
  • Panoramic
  • City
  • Peek-A-Boo
  • Mountain
  • Park or Greenbelt

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,448 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Home Office
  • Library
  • Art Studio
  • Home Gym
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Built-In Oven
  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Remodeled Bathroom

Parking

  • Detached Garage
  • Driveway

Outdoor Features

  • Deck
  • Patio
  • Shed

Schools

  • Cold Spring Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Forced Air Heating and Cooling System
  • Septic System

Community Details

  • 2 Units
  • Eucalyptus Knolls Community
  • 15 Riviera/Upper Subdivision

Listing and Financial Details

  • Assessor Parcel Number 013-166-012

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1977
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level
  • Subdivision Name: 15 - Riviera/Upper
  • Architectural Style: Contemporary
  • Reso Flooring: Wood, Carpet
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Other, Shed(s)
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1977
  • Property Information Total #Units: 2
  • Property Information Apx # Acres: 0.97
  • NeighborhoodSchools Elementary School: Cold Spring
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • LocationTopo Level: Yes
  • LocationTopo Hilly2: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Dining Area2: 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
  • Fireplace(s) LR: Yes
  • Cooling Central Air: Yes
  • Construction Two Story2: Yes
  • Rooms Art Studio2: Yes
  • Rooms Exercise Room2: Yes
  • Rooms Office3: Yes
  • Property Information Apx Lot SqFt: 42253.0
  • Style:Contemporary2: Yes
  • WaterSewer Septic In: Yes
  • FlrWdw Coverings Carpet: Yes
  • Location Info Development Name: Eucalyptus Knolls
  • GroundsLandscaping Deck3: Yes
  • GroundsLandscaping Dog Run2: Yes
  • Other Buildings Shed: Yes
  • ViewOcean: Yes
  • View Green Belt2: Yes
  • ParkingGarage Detached: Yes
  • GroundsLandscaping Permeable Driveway2: Yes
  • FlrWdw Coverings Wood2: Yes
  • Pets Yes: Yes
  • View Other27: Yes
  • Rooms LbryStudy: Yes
  • View City4: Yes
  • View PartialFiltered2: Yes
  • Dining In Living Room2: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven/Rnge/Blt-In, Dishwasher, Disposal
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: LR

Exterior Features

  • Roof: Composition
  • View: Other, Mountain(s), Ocean, City, Setting, Green Belt, Partial/Filtered, Panoramic
  • Construction Type: Wood Siding
  • Acres: 0.97
  • Topography: Hilly, Level
  • Exterior Features: Other, Deck, Patio Open, Dog Run, Fruit Trees, Yard Irrigation T/O, Permeable Driveway
  • Foundation Details: Slab

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes

Schools

  • Elementary School: Cold Spring
  • High School: S.B. Sr.
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 013-166-012
  • Zoning: R-1
  • Lot Size Sq Ft: 42253.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2018
Closed on
Apr 2, 2019
Sold by
420 E Haley Llc
Bought by
Walther Scott Henry and Lawhn Erin Patricia
Seller's Agent
Jason Streatfeild
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Robert Riskin
Village Properties
List Price
$2,450,000
Sold Price
$1,925,000
Premium/Discount to List
-$525,000
-21.43%
Current Estimated Value
$3,325,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,400,178
Avg. Annual Appreciation
8.42%
Original Mortgage
$1,300,000
Outstanding Balance
$1,142,931
Interest Rate
4.3%
Estimated Equity
$2,182,247

Purchase Details

Listed on
Aug 12, 2017
Closed on
Oct 9, 2017
Sold by
Aurell Clay and Blumer Jonathan
Bought by
420 E Haley Llc
Seller's Agent
Stephanie Young
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Marie Sue Parsons &
Berkshire Hathaway HomeServices California Properties
List Price
$995,000
Sold Price
$925,000
Premium/Discount to List
-$70,000
-7.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
64.08%
Original Mortgage
$1,250,000
Interest Rate
3.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 12, 2017
Closed on
Oct 6, 2017
Sold by
Aurell Karmen
Bought by
Aurell Clay
Seller's Agent
Stephanie Young
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Marie Sue Parsons &
Berkshire Hathaway HomeServices California Properties
List Price
$995,000
Sold Price
$925,000
Premium/Discount to List
-$70,000
-7.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
3.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 12, 2017
Closed on
Oct 5, 2017
Sold by
Jp Morgan Chase Bank National Associatio
Bought by
Aurell Clay and Blumer Jonathan
Seller's Agent
Stephanie Young
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Marie Sue Parsons &
Berkshire Hathaway HomeServices California Properties
List Price
$995,000
Sold Price
$925,000
Premium/Discount to List
-$70,000
-7.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
3.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 2011
Sold by
James Leslie M
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Nov 14, 2000
Sold by
Gunderson Linda A and Gunderson Wilbur A
Bought by
James Leslie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$526,000
Interest Rate
3.95%

Purchase Details

Closed on
Aug 23, 2000
Sold by
Gunderson Linda A
Bought by
Gunderson Wilbur A

Purchase Details

Closed on
Dec 10, 1998
Sold by
Gunderson Wilbur A
Bought by
Gunderson Linda A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Walther Scott Henry $1,925,000 Chicago Title Company
420 E Haley Llc -- Fidelity National Title Co
Aurell Clay -- Fidelity National Title Co
Blumer Jonathan -- None Available
Aurell Clay $925,000 Fidelity National Title Co
Jpmorgan Chase Bank National Association $926,880 None Available
James Leslie M $658,000 American Title Co
Gunderson Wilbur A -- --
Gunderson Linda A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walther Scott Henry $1,300,000
Previous Owner 420 E Haley Llc $1,250,000
Previous Owner James Leslie M $526,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/05/2019 04/05/19 Sold $1,925,000 0.0% $558 / Sq Ft
04/05/2019 04/05/19 Sold $1,925,000 -21.4% $558 / Sq Ft View Prior Sale
03/06/2019 03/06/19 Pending -- -- --
03/06/2019 03/06/19 Pending -- -- --
08/29/2018 08/29/18 For Sale $2,450,000 -7.5% $711 / Sq Ft
06/22/2018 06/22/18 For Sale $2,650,000 +186.5% $769 / Sq Ft
10/12/2017 10/12/17 Sold $925,000 -7.0% $486 / Sq Ft View Prior Sale
09/13/2017 09/13/17 Pending -- -- --
08/11/2017 08/11/17 For Sale $995,000 -- $523 / 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 $21,918 $2,147,370 $1,003,965 $1,143,405
2023 $21,918 $2,063,987 $964,981 $1,099,006
2022 $21,125 $2,023,517 $946,060 $1,077,457
2021 $20,671 $1,983,841 $927,510 $1,056,331
2020 $20,311 $1,963,500 $918,000 $1,045,500
2019 $9,886 $943,500 $714,000 $229,500
2018 $9,691 $925,000 $700,000 $225,000
2017 $7,399 $703,467 $432,903 $270,564
2016 $7,223 $689,674 $424,415 $265,259
2014 $7,029 $666,009 $409,852 $256,157
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 18-3186

Santa Barbara Multiple Listing Service

APN: 013-166-012