K
Seller's Agent in 2021
Kathleen Marvin
Coldwell Banker Realty
189 Hermosillo Dr Montecito, CA 93108
Estimated Value: $3,171,000 - $6,219,000
3
Beds
3.5
Baths
3,240
Sq Ft
$1,251/Sq Ft
Est. Value
Highlights
- Property is near an ocean
- Updated Kitchen
- Fireplace in Primary Bedroom
- Cold Spring Elementary School Rated A+
- Colonial Architecture
- Property is near public transit
About This Home
As of January 2021Embrace the Montecito lifestyle in a charming 1937 Colonial style home well located within steps of the new Montecito Club, a few blocks from Coast Village Road with markets, fabulous dining choices and beautiful Butterfly Beach.
Not to be outdone by the spectacular location, the spacious home, within a private and professionally landscaped yard, features approximately 3,200 + square feet of living space. The upstairs has a luxurious master suite with fireplace, lavish bath and large walk-in closet and secondary bedroom and bath. The third bedroom is on the main floor with en-suite bath and private exterior entrance. The public rooms offer a formal living room with fireplace, dining room, den with fireplace, a large office sunroom with private entrance, wonderful cook's kitchen with breakfast room, laundry and two car garage. There is also a detached garden cottage with private garden.
Such a wonderful opportunity awaits the most discriminating buyer.
Last Agent to Sell the Property
Kathleen Marvin
Coldwell Banker Realty Listed on: 10/22/2020
Co-Listed By
Barbara Koutnik
Coldwell Banker Realty
Home Details
Home Type
- Single Family
Year Built
- Built in 1937
Lot Details
- 8,712 Sq Ft Lot
- Fenced
- Corner Lot
- Level Lot
- Irrigation
- Property is in good condition
Parking
- 2 Car Direct Access Garage
- 2 Open Parking Spaces
Home Design
- Colonial Architecture
- Raised Foundation
- Slab Foundation
- Composition Roof
- Stucco
Interior Spaces
- 3,240 Sq Ft Home
- 2-Story Property
- Multiple Fireplaces
- Family Room with Fireplace
- Living Room with Fireplace
- Formal Dining Room
- Sun or Florida Room
Kitchen
- Updated Kitchen
- Breakfast Area or Nook
- Double Oven
- Gas Range
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- Fireplace in Primary Bedroom
- Remodeled Bathroom
Outdoor Features
- Property is near an ocean
- Patio
Location
- Property is near public transit
- Property is near shops
- Property is near a bus stop
Schools
- Cold Spring Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Gravity Heating System
- Sewer Stub Out
- Cable TV Available
Community Details
- Laundry Facilities
Listing and Financial Details
- Assessor Parcel Number 009-152-005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 22, 2020
Closed on
Dec 28, 2020
Sold by
Shafer Robert and The Robert Shafer Living Trust
Bought by
Ay Sepi and The Paradise Trust
Seller's Agent
Kathleen Marvin
Coldwell Banker Realty
Buyer's Agent
Gregg Leach
Village Properties
List Price
$2,495,000
Sold Price
$1,900,000
Premium/Discount to List
-$595,000
-23.85%
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
$1,870,669
Avg. Annual Appreciation
16.68%
Original Mortgage
$1,000,000
Outstanding Balance
$891,875
Interest Rate
2.67%
Mortgage Type
Commercial
Estimated Equity
$3,160,137
Purchase Details
Closed on
Dec 22, 2014
Sold by
Shafer Robert and Schuman Marjorie
Bought by
The Robert Shafer Living Trust and Shafer Robert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Aug 29, 2006
Sold by
Shafer Robert F
Bought by
The Robert Shafer Living Trust and Shafer Robert
Purchase Details
Closed on
Jun 18, 1998
Sold by
Jean Burgess Barbara
Bought by
Shafer Robert F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.11%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ay Sepi | $1,900,000 | Fidelity National Title Co | |
| The Robert Shafer Living Trust | -- | Title 365 | |
| Shafer Robert | -- | Title 365 | |
| The Robert Shafer Living Trust | -- | None Available | |
| Shafer Robert F | -- | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ay Sepi | $1,000,000 | |
| Previous Owner | Shafer Robert | $600,000 | |
| Previous Owner | Shafer Robert F | $450,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/29/2021 01/29/21 | Sold | $1,900,000 | -23.8% | $586 / Sq Ft |
| 12/17/2020 12/17/20 | Pending | -- | -- | -- |
| 10/22/2020 10/22/20 | For Sale | $2,495,000 | -- | $770 / 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 | $22,594 | $2,056,619 | $865,945 | $1,190,674 |
| 2023 | $22,594 | $1,976,760 | $832,320 | $1,144,440 |
| 2022 | $21,849 | $1,938,000 | $816,000 | $1,122,000 |
| 2021 | $13,400 | $1,138,917 | $479,419 | $659,498 |
| 2020 | $13,192 | $1,127,240 | $474,504 | $652,736 |
| 2019 | $13,005 | $1,105,138 | $465,200 | $639,938 |
| 2018 | $12,778 | $1,083,470 | $456,079 | $627,391 |
| 2017 | $12,486 | $1,062,227 | $447,137 | $615,090 |
| 2016 | $12,099 | $1,041,400 | $438,370 | $603,030 |
| 2014 | $11,605 | $1,005,665 | $423,328 | $582,337 |
Source: Public Records
Agents Affiliated with this Home
-
-
B
Seller Co-Listing Agent in 2021
Barbara Koutnik
Coldwell Banker Realty
-
Gregg Leach
Buyer's Agent in 2021
Gregg Leach
Village Properties
(805) 886-9000
7 in this area
48 Total Sales
-
R
Buyer Co-Listing Agent in 2021
Richard Longpre
Latitude, Inc.
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 20-4170
APN: 009-152-005
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
This information is being provided for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that you may be interested in purchasing. Data relating to real estate for sale on this Website comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. All information is deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither the Santa Barbara Multiple Listing Service nor the listing broker(s) shall be responsible for any typographical errors, misinformation, or misprints.
Copyright 2025 Santa Barbara Multiple Listing Service. All rights reserved.
Nearby Homes
- 180 Hermosillo Rd
- 1084 Golf Rd
- 1157 Glenview Rd
- 1114 Hill Rd
- 356 Woodley Rd
- 109 Rametto Rd
- 2760 Sycamore Canyon Rd
- 2775 Sycamore Canyon Rd
- 1383 School House Rd
- 1308 Plaza de Sonadores
- 1311 Plaza de Sonadores
- 1301 Plaza de Sonadores
- 1301 Plaza Pacifica Unit 1
- 49 Seaview Dr
- 1381 E Valley Rd
- 36 Seaview Dr
- 1437 S Jameson Ln
- 937 Arcady Rd
- 734 El Rancho Rd
- 1445 School House Rd
- 189 Hermosillo Rd
- 179 Hermosillo Rd
- 175 Hermosillo Rd
- 183 Hot Springs Rd
- 186 Hermosillo Rd
- 192 Hermosillo Rd
- 180 Hermosillo Dr
- 173 Hot Springs Rd
- 176 Hermosillo Rd
- 176 Hermosillo Dr
- 190 Hot Springs Rd
- 170 Hot Springs Rd
- 163 Hot Springs Rd
- 170 Hermosillo Rd
- 170 Hermosillo Dr
- 170 Hermosillo Dr
- 165 Hermosillo Rd
- 164 Hermosillo Rd
- 000 Palm Tree Ln
- 161 Hermosillo Rd