NOT LISTED FOR SALE

1948 Tollis Ave Montecito, CA 93108

Estimated Value: $3,934,000

7 Beds
7.5 Baths
7,000 Sq Ft
$562/Sq Ft Est. Value

Sale Details

Date Sold: December 28, 2012

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

Est. 28% decrease in value since last sale

Current estimated payment $25,059 / mo

270 Days on Market

Highlights

  • Ocean View
  • 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

Pool

Outdoor Features

  • 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

2.36 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2022
Sold by
Bought by
Current Estimated Value
$3,934,000
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $22,000,000
Closed $2,107,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $235,577 $23,141,751 $6,093,445 $17,048,306
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

  • C

    Seller's Agent in 2012

    Colleen Beall

    Village Properties

  • S

    Buyer's Agent in 2012

    Suzanne Perkins

    Sotheby's International Realty

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 12-150

Santa Barbara Multiple Listing Service

APN: 007-110-088

California Santa Barbara County Montecito 93108

1948 Tollis Ave, Montecito, CA

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