NOT LISTED FOR SALE

1781 Glen Oaks Dr Montecito, CA 93108

Estimated Value: $8,970,644

6 Beds
4.5 Baths
5,607 Sq Ft
$1,600/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $14,470,000 $2,581 Per Sq Ft

Est. 38% decrease in value since last sale

Current estimated payment $56,010/month

263 Days on Market

Highlights

  • Detached Guest House
  • In Ground Pool
  • Mountain View
  • Santa Barbara Senior High School Rated A-
  • 3.22 Acre Lot
  • Dining Room with Fireplace

About This Home

As of June 2024

Let your journey begin! Embracing a timeless ambiance & the classic Montecito experience, this multi-acre Glen Oaks estate unfolds slowly as you drive thru gates & down a long picturesque, tree-lined driveway. Greeted by a large front porch, you are guided thru oversized steel doors to the impeccable 4 bd single level residence offering a seamless, easy flow & site lines that take your eyes through large windows to the outdoors. Surrounded by a gently rolling landscape & bordering a nature preserve, privacy & beauty are in abundance w a sparkling pool & spa, bocce & multiple spaces to experience the captivating mountain views. Occupying its own parcel, a 2-bd guest cottage provides a stylish & relaxed retreat above the 3-car garage. Settle in & savor your Montecito sanctuary.

Last Listed By

Nancy Kogevinas

Berkshire Hathaway HomeServices California Properties License #01209514 Listed on: 09/25/2023

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $75,316

Year Built

  • Built in 2016

Lot Details

  • 3.22 Acre Lot
  • Property is zoned 2-E-1

Parking

  • Carport

Home Design

  • Bungalow
  • Copper Roof

Interior Spaces

  • 5,607 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Mountain Views

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Detached Guest House
  • Radiant Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 007-190-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$75,316

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 5607
  • Lot Acreage: 3.2200
  • Stories: 1
  • Year Built: 2016
  • Number Of Photos: 32
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Dining, Living Room
  • Flooring: Stone, Wood
  • Bedrooms: 6
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 5.00
  • Den: 0
  • Price Per S Q F T: 2853.58

Exterior Features

  • Other Structures: GuestHouse
  • Guest House: Detached
  • Pool Description: In Ground
  • Pool: Yes
  • Roof: Copper
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Carport, Garage - 3 Car

Utilities

  • Heating: Radiant

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 007-190-008
  • Lot Description: 2-4 Lots
  • Lot Size Area: 53143

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2023
Closed on
Jun 20, 2024
Sold by
Pacific Plan Properties Llc
Bought by
1781 Glen Oaks Llc
Seller's Agent
Nancy Kogevinas
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Eric Haskell
The Agency
List Price
$16,000,000
Sold Price
$14,470,000
Premium/Discount to List
-$1,530,000
-9.56%
Total Days on Market
263
Views
78
Current Estimated Value
$8,970,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,499,356
Avg. Annual Appreciation
-41.30%

Purchase Details

Closed on
Dec 17, 2020
Sold by
Noorani Mehrdad and Noorani Merilee Mees
Bought by
Pacific Plan Properties Llc

Purchase Details

Listed on
May 10, 2011
Closed on
Dec 20, 2011
Sold by
Smith Lawrence C and Smith Ann M
Bought by
Noorani Mehrdad and Noorani Merilee Mees
Seller's Agent
Rebecca Riskin
Village Properties
Buyer's Agent
Melissa Birch
Sotheby's International Realty
List Price
$3,195,000
Sold Price
$2,875,000
Premium/Discount to List
-$320,000
-10.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.07%
Original Mortgage
$2,000,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2008
Sold by
Scibird Richard A and Scibird Lisa M
Bought by
Smith Lawrence C and Smith Ann M

Purchase Details

Closed on
Mar 31, 2006
Sold by
Doutt Richard L and Doutt Betty Mann
Bought by
Scibird Richard A and Scibird Lisa M

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
6.35%
Mortgage Type
Fannie Mae Freddie Mac

Range of Values:

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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

Date Buyer Sale Price Title Company
1781 Glen Oaks Llc $14,470,000 Chicago Title
Pacific Plan Properties Llc -- None Available
Noorani Mehrdad $2,875,000 Chicago Title Company
Smith Lawrence C -- Lawyers Title Company
Scibird Richard A -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Noorani Mehrdad $2,000,000
Previous Owner Scibird Richard A $500,000
Previous Owner Scibird Richard A $999,999
Previous Owner Scibird Richard A $350,000
Previous Owner Scibird Richard A $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $14,470,000 -9.6% $2,581 / Sq Ft
06/14/2024 06/14/24 Pending -- -- --
09/25/2023 09/25/23 For Sale $16,000,000 +456.5% $2,854 / Sq Ft
01/11/2012 01/11/12 Sold $2,875,000 -10.0% $513 / Sq Ft
11/28/2011 11/28/11 Pending -- -- --
05/10/2011 05/10/11 For Sale $3,195,000 -- $570 / Sq Ft
Source: The MLS

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
2023 $75,316 $6,996,770 $2,581,890 $4,414,880
2022 $72,693 $6,859,579 $2,531,265 $4,328,314
2021 $71,180 $6,725,079 $2,481,633 $4,243,446
2020 $70,479 $6,656,122 $2,456,187 $4,199,935
2019 $42,847 $4,000,000 $1,300,000 $2,700,000
2018 $49,315 $4,627,082 $708,242 $3,918,840
2017 $69,353 $6,564,521 $2,314,521 $4,250,000
2016 $35,394 $3,322,080 $2,172,080 $1,150,000
2014 $31,536 $2,945,812 $2,049,261 $896,551
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-347965

The MLS

APN: 007-190-008