NOT LISTED FOR SALE

1948 Tollis Ave Montecito, CA 93108

Estimated Value: $8,112,000

7 Beds
7.5 Baths
7,000 Sq Ft
$1,159/Sq Ft Est. Value

Last Sold December 28, 2012

Last sale price $5,500,000 $786 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $61,435/month

270 Days on Market

Highlights

  • Ocean View
  • Outdoor Pool
  • Property is near park, schools, and shops
  • Santa Barbara Senior High School Rated A-
  • Property is near an ocean
  • Sun or Florida Room

About This Home

As of December 2012

Rare opportunity nestled amid mature gardens in one of Montecito's greatest estate locations w/ ocean & mtn vus: 2 houses on 2 legal parcels & an abundance of possibilities. Remodel or rebuild, create a compound or sell one & keep the other. The existing Palladian style homes are light & bright & encompassed by once award-winning gardens. The upper house offers 5700 sq ft, pool & ocean views. The lower house offers a sense of seclusion, is blt around a courtyard. Properties are also offered separately. See MLS # 12-152 & 12-148.

Last Agent to Sell the Property

Colleen Beall

Village Properties Listed on: 01/13/2012

Last Buyer's Agent

Suzanne Perkins

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1981

Lot Details

  • Gated Home
  • Flag Lot
  • Lawn
  • Property is in good condition
  • Property is zoned E-1

Parking

  • Attached Garage

Property Views

  • Ocean
  • Mountain

Home Design

  • Flat Roof Shape
  • Composition Roof
  • Stucco

Interior Spaces

  • 7,000 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Living Room with Fireplace
  • Sun or Florida Room

Bedrooms and Bathrooms

  • 7 Bedrooms

Outdoor Features

  • Outdoor Pool
  • Property is near an ocean
  • Enclosed Patio or Porch
  • Gazebo
  • Separate Outdoor Workshop
  • Shed

Location

  • Property is near park, schools, and shops

Schools

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

Utilities

  • Forced Air Heating System
  • Underground Utilities

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Other
  • Assessor Parcel Number 007-110-001

Home Details

Home Type

Single Family

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1981
  • Reso Property Sub Type: Home/Estate
  • ResoLotFeatures: Flag Lot
  • ResoSecurityFeatures: Gate:Elec
  • Subdivision Name: Other
  • Architectural Style: Other
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Other Structures: Shed(s), Work Shop
  • Reso Property Condition: Good, Average
  • Property Information Year Built2: 1981
  • Property Information Total #Units: 2
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • Site Improvements Underground Util: Yes
  • Property Information Within City Limits: No
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Amenities Skylight2: Yes
  • Fireplace(s) LR: Yes
  • Security GateElec: Yes
  • Proximity Near Shopping2: Yes
  • Condition Good2: Yes
  • Other Buildings Work Shop2: Yes
  • Other Buildings Shed: Yes
  • ViewOcean: Yes
  • ParkingGarage Gar #12: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Rooms Patio Enclosed2: Yes
  • GroundsLandscaping Gazebo2: Yes
  • Condition Average2: Yes
  • LocationTopo Flag Lot2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplace Features: LR
  • Other Rooms:Sun Room2: Yes

Exterior Features

  • Roof: Composition, Flat
  • View: Mountain(s), Ocean
  • Construction Type: Stucco
  • Exclusions: Other
  • Exterior Features: Pool, Patio Open, Patio Covered, Gazebo, Lawn
  • Patio And Porch Features: Enclosed
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #1, Attached

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Utilities: Underground Util
  • 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 #: 007-110-001
  • Zoning: E-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2022
Sold by
Lighthouse Trust
Bought by
Dozmary Pool Trust
Current Estimated Value
$8,112,000
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dozmary Pool Trust -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2012 12/28/12 Sold $5,500,000 -6.8% $786 / Sq Ft
10/08/2012 10/08/12 Pending -- -- --
01/12/2012 01/12/12 For Sale $5,900,000 -- $843 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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 $231,232 $22,687,992 $5,973,966 $16,714,026
2023 $231,232 $21,806,991 $5,741,991 $16,065,000
2022 $222,955 $21,379,403 $5,629,403 $15,750,000
2021 $109,288 $10,538,631 $5,488,631 $5,050,000
2020 $46,880 $4,492,093 $4,492,093 $0
2019 $45,535 $4,404,013 $4,404,013 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 12-150

Santa Barbara Multiple Listing Service

APN: 007-110-088