NOT LISTED FOR SALE

1701 E Valley Rd Santa Barbara, CA 93108

Estimated Value: $8,394,000 - $10,081,408

1.1 Acres
$8,375,320 Price per Acre
47,916 Sq Ft Lot

Sale Details

Date Sold: April 3, 2020

Last sale price $900,000

Est. 924% increase in value since last sale

Current estimated payment $53,152 / mo

26 Days on Market

Highlights

  • Property is near an ocean
  • Mountain View
  • Level Lot
  • Santa Barbara Senior High School Rated A-
  • Property is near park, public transit, schools, shops, and bus stop

About This Lot

As of April 2020

Opportunity awaits at this 1.1 acre parcel in central Montecito. Located on a coveted private lane off East Valley Road in the award-winning Montecito Union School District. Seller financing available.

Last Agent to Sell the Property

Michael Calcagno

Berkshire Hathaway HomeServices California Properties License #01499736 / 01129919 Listed on: 01/22/2020

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Christopher Hund

Por La Mar Homes License #01850581

Property Details

Property Type

  • Land

Lot Details

  • 1.1 Acre Lot
  • Level Lot

Schools

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

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 007-181-005

Community Details

Overview

  • 10 Hedgerow Subdivision

Recreation

  • Property is near an ocean

Property Details

Property Type

Land

Lot Details

1.1 Acres

Listing Details

  • Directions: Heading East on East Valley Road from San Ysidro, turn right on East Valley Lane (after Knowlwood). Parcel is second parcel in from East Valley Road on your left.
  • Prop. Type: Land
  • Reso Property Sub Type: Residential/SFR
  • ResoLotFeatures: Level, Near Public Transit
  • Subdivision Name: 10 - Hedgerow
  • Property Information Apx # Acres: 1.1
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • Utility Info Water: Yes
  • LocationTopo Level: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Near Bus: Yes
  • View Setting3: Yes
  • WaterSewer Meter In: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountain(s), Setting
  • Acres: 1.1
  • Topography: Level

Utilities

  • Water Source: Meter In, Mont Wtr

Schools

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

Lot Info

  • Parcel #: 007-181-005
  • Zoning: Other
  • Lot Size Sq Ft: 47916.0

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
Jan 22, 2020
Closed on
Mar 18, 2020
Sold by
Bought by
Seller's Agent
Michael Calcagno
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Christopher Hund
Por La Mar Homes
List Price
$950,000
Sold Price
$900,000
Premium/Discount to List
-$50,000
-5.26%
Current Estimated Value
$9,212,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,312,852
Avg. Annual Appreciation
45.70%
Original Mortgage
$630,000
Outstanding Balance
$556,891
Interest Rate
3.4%
Mortgage Type
Seller Take Back
Estimated Equity
$8,655,961

Purchase Details

Listed on
May 2, 2017
Closed on
Aug 24, 2017
Sold by
Bought by
Seller's Agent
Dan Encell
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Calcagno & Hamilton
Sotheby's International Realty
List Price
$2,995,000
Sold Price
$2,710,000
Premium/Discount to List
-$285,000
-9.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-34.66%
Original Mortgage
$1,050,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2016
Sold by
Bought by

Purchase Details

Closed on
Dec 7, 2011
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
$300,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2011
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
$300,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2010
Sold by
Bought by

Purchase Details

Closed on
Jun 20, 2007
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
$291,000
Interest Rate
6.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2007
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
$291,000
Interest Rate
6.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2001
Sold by
Bought by

Purchase Details

Closed on
Oct 24, 1994
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
$590,000
Interest Rate
5.37%

Purchase Details

Closed on
Jul 6, 1994
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
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
$900,000 Fidelity National Title Co
-- Chicago Title Company
-- None Available
-- None Available
-- Investors Title Company
-- None Available
-- None Available
-- Orange Coast Title Company
-- Orange Coast Title Company
-- --
-- Fidelity National Title
-- Pacific Title Guaranty Compa
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
Open $630,000
Previous Owner $1,050,000
Previous Owner $300,000
Previous Owner $291,000
Previous Owner $590,000
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 Prior Sale
04/03/2020 04/03/20 Sold $900,000 -5.3% --
02/16/2020 02/16/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $950,000 -64.9% --
08/31/2017 08/31/17 Sold $2,710,000 -9.5% $1,110 / Sq Ft View Prior Sale
07/06/2017 07/06/17 Pending -- -- --
05/02/2017 05/02/17 For Sale $2,995,000 -- $1,226 / 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
2025 $41,859 $6,184,280 $1,184,280 $5,000,000
2023 $41,859 $2,891,060 $1,021,060 $1,870,000
2022 $13,384 $1,267,510 $1,002,510 $265,000
2021 $9,666 $909,324 $909,324 $0
2020 $6,729 $624,240 $624,240 $0
2019 $6,387 $612,000 $612,000 $0
2018 $3,166 $300,000 $300,000 $0
2017 $22,506 $2,166,023 $1,120,358 $1,045,665
2016 $21,879 $2,123,553 $1,098,391 $1,025,162
2014 $21,247 $2,050,686 $1,060,701 $989,985
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Michael Calcagno

    Berkshire Hathaway HomeServices California Properties

    (805) 896-0876

    51 in this area

    306 Total Sales

    Michael Calcagno
    Section Image

  • C

    Buyer's Agent in 2020

    Christopher Hund

    Por La Mar Homes

  • Dan Encell

    Seller's Agent in 2017

    Dan Encell

    Berkshire Hathaway HomeServices California Properties

    (805) 677-2013

    29 in this area

    104 Total Sales

    Dan Encell
    Section Image

  • C

    Buyer's Agent in 2017

    Calcagno & Hamilton

    Sotheby's International Realty

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-237

Santa Barbara Multiple Listing Service

APN: 007-181-005

California Santa Barbara County Santa Barbara 93108

1701 E Valley Rd, Santa Barbara, CA

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