NOT LISTED FOR SALE

1940 E Valley Rd Santa Barbara, CA 93108

Estimated Value: $6,781,000 - $8,785,000

6 Beds
7.5 Baths
4,161 Sq Ft
$1,873/Sq Ft Est. Value

Last Sold May 02, 2013

Last sale price $3,370,000 $810 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $43,817/month

146 Days on Market

Highlights

  • Ocean View
  • Outdoor Pool
  • Estate
  • Santa Barbara Senior High School Rated A-
  • Property is near an ocean
  • Updated Kitchen

About This Home

As of May 2013

Down a private lane, this romantic 1920s-era 6-bedroom home is on approx. 1.5 flat acres and includes a historic living room with soaring heights and ocean peeks, a formal dining room with light-filled walls of glass, a spacious master suite w/office, 5 additional bedroom suites, and 3 fireplaces. Indoor/outdoor living at its best with a built-in BBQ, gardens, and pool!

Last Agent to Sell the Property

Sandy Stahl

Sotheby's International Realty License #01040095 Listed on: 09/25/2012

Sotheby's International Realty

Last Buyer's Agent

John Sener

Village Properties License #00978392

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,714

Year Built

  • Built in 1912

Lot Details

  • 1.45 Acre Lot
  • Level Lot
  • Fruit Trees
  • Lawn
  • Property is in excellent condition

Parking

  • Garage

Home Design

  • Estate
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,161 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Multiple Fireplaces
  • Formal Dining Room
  • Home Office
  • Ocean Views
  • Home Security System

Kitchen

  • Updated Kitchen
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Washer

Outdoor Features

  • Outdoor Pool
  • Property is near an ocean
  • Built-In Barbecue

Location

  • Property is near a park
  • Property is near schools
  • Property is near shops

Schools

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

Listing and Financial Details

  • Exclusions: Chandelier
  • Assessor Parcel Number 007-130-039

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,714

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1912
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level
  • ResoSecurityFeatures: Security System
  • Subdivision Name: Other
  • Architectural Style: Estate
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1912
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.45
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • LocationTopo Level: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Washer3: Yes
  • Security Security System: Yes
  • Style Estate2: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Office3: Yes
  • Dining Formal2: Yes
  • Amenities Guest Quarters2: Yes
  • Amenities Wet Bar2: Yes
  • Fireplace(s):_two_4: Yes
  • ViewOcean: Yes
  • Pets Yes: Yes
  • Foundation Raised: Yes
  • ParkingGarage Gar #4: Yes
  • Assessor's Data Assessor Year Built: 1912.0
  • Assessor's Data Assessor Lot Acres: 1.45
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Dishwasher, Disposal, Washer
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: 2+

Exterior Features

  • Roof: Composition
  • View: Ocean, Setting
  • Construction Type: Stucco
  • Acres: 1.45
  • Topography: Level
  • Exclusions: Chandelier
  • Exterior Features: Pool, Lawn, Fruit Trees
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #4

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

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

Lot Info

  • Parcel #: 007-130-039
  • Zoning: Other
  • Lot Size Sq Ft: 63162.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2012
Closed on
Mar 28, 2013
Sold by
Taylor Craig and Taylor Michelle W
Bought by
Eades Daniel and Eades Katherine
Seller's Agent
Sandy Stahl
Sotheby's International Realty
Buyer's Agent
John Sener
Village Properties
List Price
$3,495,000
Sold Price
$3,370,000
Premium/Discount to List
-$125,000
-3.58%
Current Estimated Value
$7,373,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,003,085
Avg. Annual Appreciation
7.05%

Purchase Details

Closed on
Feb 21, 2002
Sold by
Shafer Arthur W and Shafer Evelyn W
Bought by
Taylor Craig and Taylor Michelle W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.87%

Purchase Details

Closed on
Nov 9, 1993
Sold by
Shafer Arthur W and Shafer Evelyn W
Bought by
Shafer Arthur W and Shafer Evelyn W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
6.91%
Source: Public Records

Range of Values:

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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
Eades Daniel $3,370,000 First American Title Company
Taylor Craig -- Equity Title Company
Shafer Arthur W -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eades Daniel $230,000
Open Eades Daniel $2,359,000
Previous Owner Taylor Craig $497,000
Previous Owner Taylor Craig $250,000
Previous Owner Taylor Craig $543,000
Previous Owner Taylor Craig $50,000
Previous Owner Taylor Craig $543,000
Previous Owner Taylor Craig M $540,000
Previous Owner Taylor Craig M $150,000
Previous Owner Taylor Craig $375,000
Previous Owner Shafer Arthur W $1,232,000
Previous Owner Shafer Arthur W $435,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2013 05/02/13 Sold $3,370,000 -3.6% $810 / Sq Ft
02/18/2013 02/18/13 Pending -- -- --
09/25/2012 09/25/12 For Sale $3,495,000 -- $840 / 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 $43,714 $4,149,903 $2,770,709 $1,379,194
2023 $43,714 $3,988,759 $2,663,120 $1,325,639
2022 $42,273 $3,910,549 $2,610,902 $1,299,647
2021 $41,409 $3,833,872 $2,559,708 $1,274,164
2020 $41,049 $3,794,562 $2,533,462 $1,261,100
2019 $39,962 $3,720,160 $2,483,787 $1,236,373
2018 $39,208 $3,647,217 $2,435,086 $1,212,131
2017 $38,468 $3,575,704 $2,387,340 $1,188,364
2016 $37,301 $3,505,593 $2,340,530 $1,165,063
2014 $36,060 $3,385,299 $2,260,215 $1,125,084
Source: Public Records

Agents Affiliated with this Home

  • Sandy Stahl

    Seller's Agent in 2013

    Sandy Stahl

    Sotheby's International Realty

    (805) 689-1602

    21 in this area

    38 Total Sales

    Section Image

  • J

    Buyer's Agent in 2013

    John Sener

    Village Properties

    (805) 969-8900

    2 in this area

    16 Total Sales

    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 12-3029

Santa Barbara Multiple Listing Service

APN: 007-130-039

California Santa Barbara County Santa Barbara 93108

1940 E Valley Rd, Santa Barbara, CA

This home is located at 1940 E Valley Rd, Santa Barbara, CA 93108 since 25 September 2012 and is currently estimated at $7,793,330, approximately $1,872 per square foot. This property was built in 1912. 1940 E Valley Rd is a home located in Santa Barbara County with nearby schools including Santa Barbara Junior High School, Santa Barbara Senior High School, and Our Lady of Mount Carmel School.

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