NOT LISTED FOR SALE

1944 E Valley Rd Santa Barbara, CA 93108

Estimated Value: $5,482,000 - $6,886,000

6 Beds
5.5 Baths
2,965 Sq Ft
$2,130/Sq Ft Est. Value

Last Sold September 16, 2022

Last sale price $5,400,000 $1,821 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $35,443/month

41 Days on Market

Highlights

  • Accessory Dwelling Unit (ADU)
  • Outdoor Pool
  • Estate
  • Santa Barbara Senior High School Rated A-
  • Property is near an ocean
  • Updated Kitchen

About This Home

As of September 2022

This 1.3+/- acre Montecito estate is a true find. Originally built in 1912, with later additions by renowned architect, Mary Craig, it embodies the glamour and charm of Old Hollywood while maintaining the integrity of the era. Located in the MUS
school district on a secluded and private lane, this serene and captivating property boasts majestic mountain views, lush gardens, 2 private driveways, built in heated pool (solar & electric) and cabana, single level main home is 2965+/-ft, 2 guesthouses add an additional 1164
of living space, 3 car garage, and 2 vehicle carport. This is the kind of residence that started it all, drawing in the most exceptionally discerning buyers in search of a piece of the enchanted Montecito lifestyle. Enter the main home featuring 3 bedrooms, 2 1/2 baths, 2 gas fireplaces,
soaring 10+ft ceilings, true chef's kitchen, formal dining room, enclosed brick patio, all with doors leading to the meticulously kept gardens with an abundance of fruit trees, roses, colorful
setting while lounging by the pool and patio to take it all in. The 1st single level guest house features 2 bedrooms and 2 full bathrooms. The 2nd guest house located over the 3-car garage
is a 1 bedroom, 1 bath with kitchen, living room and views galore. Come tour this piece of paradise.

Last Agent to Sell the Property

Sandy Lipowski

Sotheby's International Realty License #01355215 Listed on: 08/17/2022

Last Buyer's Agent

Calcagno & Hamilton

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,806

Year Built

  • Built in 1912

Lot Details

  • 1.3 Acre Lot
  • Back Yard Fenced
  • Level Lot
  • Irrigation
  • Fruit Trees
  • Lawn
  • Property is in good condition

Home Design

  • Estate
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,965 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Multiple Fireplaces
  • Gas Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Mountain Views

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Double Oven
  • Stove
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • 220 Volts In Laundry

Parking

  • Garage
  • Carport

Outdoor Features

  • Outdoor Pool
  • Property is near an ocean
  • Deck
  • Covered Patio or Porch
  • Shed

Additional Homes

  • Accessory Dwelling Unit (ADU)

Location

  • Property is near a park
  • Property is near public transit
  • Property near a hospital
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Schools

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

Utilities

  • Forced Air Heating System
  • Water Softener Leased
  • Septic System

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 007-130-032

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,806

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Directions: If driving from San Ysidro take a right on E Valley and then a left right after Birnam Wood Dr.
  • Prop. Type: Residential
  • Year Built: 1912
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: 220V Elect, Laundry Room
  • ResoLotFeatures: Level, Near Public Transit
  • Road Frontage Type: Easement
  • Architectural Style: Estate
  • Carport Y N: Yes
  • Reso Flooring: Carpet, Hardwood, Vinyl
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Reso Property Condition: Good
  • Property Information Year Built2: 1912
  • Property Information Total #Units: 3
  • Property Information Apx # Acres: 1.3
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Property Information ADU: Yes
  • Property Information Within City Limits: No
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Dining Breakfast Bar2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Property Information Main House SqFt: 2965.0
  • Style Estate2: Yes
  • ParkingGarage Gar #33: Yes
  • Proximity Near Shopping2: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Dining In Kitchen4: Yes
  • Amenities Guest House2: Yes
  • Amenities Guest Quarters2: Yes
  • Fireplace(s) Gas8: Yes
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • WaterSewer Septic In: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Deck3: Yes
  • Other Buildings Shed: Yes
  • GroundsLandscaping Fenced BCK: Yes
  • Proximity Near Hospital2: Yes
  • Pets Yes: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Appliances Included Elect Stove2: Yes
  • ParkingGarage Cpt #22: Yes
  • FlrWdw Coverings VinylLinoleum2: Yes
  • Appliances Included Wtr Softener Leased: Yes
  • Laundry 220V Elect2: Yes
  • Fireplace(s) 23: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Dishwasher, Double Oven, Dryer, Elect Stove, Gas Stove, Microwave, Washer, Wtr Softener Leased
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: 2, Gas, LR
  • Appliances Included:Double Oven2: Yes

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Setting
  • Construction Type: Stucco
  • Acres: 1.3
  • Topography: Level
  • Exterior Features: Other, Pool, Deck, Patio Open, Patio Covered, Lawn, Fruit Trees, Yard Irrigation T/O, Fenced: ALL, Fenced: BCK
  • Foundation Details: Mixed

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #3, Cpt #2

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes

Schools

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

Lot Info

  • Parcel #: 007-130-032
  • Zoning: R-1
  • Lot Size Sq Ft: 56628.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2022
Closed on
Sep 9, 2022
Sold by
Reed Farmer Sarah Coryell
Bought by
Branning Family Trust
Seller's Agent
Sandy Lipowski
Sotheby's International Realty
Buyer's Agent
Calcagno & Hamilton
Sotheby's International Realty
List Price
$5,450,000
Sold Price
$5,400,000
Premium/Discount to List
-$50,000
-0.92%
Current Estimated Value
$6,018,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$618,426
Avg. Annual Appreciation
5.50%

Purchase Details

Closed on
Oct 7, 2011
Sold by
Reed Frank F and Reed Jaquelin S
Bought by
Farmer Sarah Coryell Reed

Purchase Details

Closed on
Feb 1, 1994
Sold by
Reed Frank Fremont
Bought by
Reed Frank F and Reed Jaquelin S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,250
Interest Rate
7.1%
Source: Public Records

Range of Values:

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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
Branning Family Trust $5,400,000 Fidelity National Title
Farmer Sarah Coryell Reed -- None Available
Reed Frank F -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Branning Family Trust $950,000
Previous Owner Reed Frank F $110,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold $5,400,000 0.0% $1,821 / Sq Ft
09/16/2022 09/16/22 Off Market $5,400,000 -- --
08/29/2022 08/29/22 Pending -- -- --
08/16/2022 08/16/22 For Sale $5,450,000 0.0% $1,838 / Sq Ft
07/25/2022 07/25/22 Pending -- -- --
07/18/2022 07/18/22 For Sale $5,450,000 -- $1,838 / 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 $31,806 $3,127,187 $2,152,300 $974,887
2023 $31,806 $3,005,757 $2,068,725 $937,032
2022 $6,575 $608,280 $213,424 $394,856
2021 $6,438 $596,354 $209,240 $387,114
2020 $6,313 $590,240 $207,095 $383,145
2019 $6,003 $578,668 $203,035 $375,633
2018 $5,884 $567,322 $199,054 $368,268
2017 $5,783 $556,199 $195,151 $361,048
2016 $5,655 $545,294 $191,325 $353,969
2014 $5,492 $526,585 $184,761 $341,824
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 22-2447

Santa Barbara Multiple Listing Service

APN: 007-130-032