J
Seller's Agent in 2025
Jeremy Crail
Jeremy Crail
2 in this area
2 Total Sales
180 Olive Mill Rd Montecito, CA 93108
3
Beds
3.5
Baths
2,098
Sq Ft
0.37
Acres
Highlights
- Property is near an ocean
- View of Trees or Woods
- Cathedral Ceiling
- Santa Barbara Senior High School Rated A-
- Fruit Trees
- Wood Flooring
About This Home
As of January 2025This Montecito cottage evokes the style and charm of the iconic Biltmore Hotel bungalows, a short walk away. In a verdant garden setting, mature landscaping provides a calming sanctuary. The interior flows to a casual patio dining area, perfect for fireside entertaining under a majestic oak. Olive and fruit trees add to the Mediterranean aura. Hidden behind private gates and walls, this 3 bedroom, 3 bath hideaway provides a historic sensibility with contemporary conveniences. Adjacent to Montecito's trail system which provides for convenient strolls to Butterfly Beach, Coast Village Rd., Miramar Beach and Hotel, and Montecito Union School.
Home Details
Home Type
- Single Family
Year Built
- Built in 1953
Lot Details
- 0.37 Acre Lot
- Fenced
- Level Lot
- Irrigation
- Fruit Trees
- Wooded Lot
- Lawn
- Property is in good condition
Home Design
- Cottage
- Raised Foundation
- Stucco
Interior Spaces
- 2,098 Sq Ft Home
- 1-Story Property
- Cathedral Ceiling
- Double Pane Windows
- Living Room with Fireplace
- Dining Area
- Home Office
- Home Gym
- Wood Flooring
- Views of Woods
Kitchen
- Built-In Gas Oven
- Gas Range
- ENERGY STAR Qualified Refrigerator
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry Room
- ENERGY STAR Qualified Dryer
- Dryer
- 220 Volts In Laundry
Home Security
- Home Security System
- Smart Thermostat
Parking
- Garage
- Driveway
Outdoor Features
- Property is near an ocean
- Covered Patio or Porch
- Fireplace in Patio
- Built-In Barbecue
Location
- Property is near schools
- Property is near shops
Schools
- Mont Union Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Utilities
- Forced Air Heating System
- Sewer Stub Out
Community Details
- No Home Owners Association
- Restaurant
Listing and Financial Details
- Assessor Parcel Number 009-181-003
- Seller Concessions Offered
- Seller Will Consider Concessions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 2, 2024
Closed on
Jan 7, 2025
Sold by
Crail Family Trust and Crail Charles S
Bought by
Art Iv B 1 Trust and Lauren A Jackson Ua P Jackson Rev Trust
Seller's Agent
Jeremy Crail
Jeremy Crail
Buyer's Agent
Janice Laney
Keller Williams Realty Montecito
List Price
$4,875,000
Sold Price
$4,672,700
Premium/Discount to List
-$202,300
-4.15%
Views
116
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
-$114,750
Avg. Annual Appreciation
-2.67%
Purchase Details
Closed on
May 22, 2024
Sold by
Crail Family Trust and Crail Charles S
Bought by
Crail Family Trust and Crail
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,700,000
Interest Rate
7.1%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Purchase Details
Closed on
Sep 15, 2015
Sold by
Crail Charles S and Crail Tawny Barbara
Bought by
Crail Family Trust and Crail Tawny Barbara
Purchase Details
Closed on
Oct 20, 2005
Sold by
Crail Charles and Crail Tawny
Bought by
Crail Charles and Crail Tawny
Purchase Details
Closed on
Apr 23, 2004
Sold by
Crail Charles S and Crail Tawny B
Bought by
Crail Charles S and Crail Tawny B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.68%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Feb 15, 1997
Sold by
Barry Cooney
Bought by
Crail Charles S and Crail Tawny B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,617
Interest Rate
6.91%
Purchase Details
Closed on
Jan 24, 1997
Sold by
Cooney Kimberly Deforest
Bought by
Cooney Barry
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,617
Interest Rate
6.91%
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $4,673,000 | Fidelity National Title Compan | |
| Grant Deed | -- | Wfg National Title | |
| Grant Deed | -- | Wfg National Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Grant Deed | -- | -- | |
| Interfamily Deed Transfer | -- | Equity Title Company | |
| Grant Deed | $449,000 | Equity Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $4,700,000 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $200,000 | Credit Line Revolving | |
| Previous Owner | $44,617 | No Value Available | |
| Previous Owner | $395,120 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/24/2025 01/24/25 | Sold | $4,672,700 | -4.1% | $2,227 / Sq Ft |
| 12/11/2024 12/11/24 | Pending | -- | -- | -- |
| 10/02/2024 10/02/24 | For Sale | $4,875,000 | -- | $2,324 / 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 | $10,112 | $841,932 | $488,599 | $353,333 |
| 2023 | $10,112 | $809,240 | $469,627 | $339,613 |
| 2022 | $9,822 | $793,373 | $460,419 | $332,954 |
| 2021 | $9,645 | $777,818 | $451,392 | $326,426 |
| 2020 | $9,560 | $769,843 | $446,764 | $323,079 |
| 2019 | $9,335 | $754,749 | $438,004 | $316,745 |
| 2018 | $7,768 | $602,907 | $322,058 | $280,849 |
| 2017 | $8,951 | $725,457 | $420,997 | $304,460 |
| 2016 | $8,670 | $711,234 | $412,743 | $298,491 |
| 2015 | $8,303 | $700,552 | $406,544 | $294,008 |
| 2014 | $8,185 | $686,830 | $398,581 | $288,249 |
Source: Public Records
Agents Affiliated with this Home
-
Jeremy Crail
-
Janice Laney
Buyer's Agent in 2025
Janice Laney
Keller Williams Realty Montecito
(805) 705-6474
7 in this area
35 Total Sales
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 24-3264
APN: 009-181-003
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