NOT LISTED FOR SALE

1948 Tollis Ave Santa Barbara, CA 93108

Estimated Value: $5,319,000

7 Beds
7.5 Baths
5,022 Sq Ft
$1,059/Sq Ft Est. Value

Last Sold March 25, 2016

Last sale price $4,900,000 $976 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $34,301/month

336 Days on Market

About This Home

As of March 2016

Ocean and mountain views from this prime location in Montecito. Two legal parcels combined equal approx. 2.4 acres, being sold as VACANT LAND with two existing residential structures. There is also a well, but no information on it. Located in the Montecito Union School district.

Last Agent to Sell the Property

Suzanne Perkins

Sotheby's International Realty Listed on: 03/25/2015

Last Buyer's Agent

Suzanne Perkins

Sotheby's International Realty Listed on: 03/25/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $231,232

Year Built

  • Built in 1984

Lot Details

  • Flag Lot
  • Property is zoned E-1

Property Views

  • Ocean
  • Mountain

Home Design

  • 5,022 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms

Schools

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

Utilities

  • Well

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 007-110-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$231,232

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1984
  • Reso Property Sub Type: Home/Estate
  • ResoLotFeatures: Flag Lot
  • Property Information Year Built2: 1984
  • 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
  • Property Information Within City Limits: No
  • WaterSewer Pvt Well In: Yes
  • ViewOcean: Yes
  • LocationTopo Flag Lot2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 7

Exterior Features

  • View: Mountain(s), Ocean

Utilities

  • Water Source: Private, Mont Wtr

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
$5,319,000
Source: Public Records

Range of Values:

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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

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

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vannice Errett $22,000,000
Previous Owner Dame Investments Inc $2,107,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2016 03/25/16 Sold $4,900,000 0.0% $976 / Sq Ft
03/25/2016 03/25/16 Sold $4,900,000 -29.0% --
02/24/2016 02/24/16 Pending -- -- --
02/24/2016 02/24/16 Pending -- -- --
03/25/2015 03/25/15 For Sale $6,900,000 0.0% $1,374 / Sq Ft
02/10/2015 02/10/15 For Sale $6,900,000 -- --
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 $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

  • S

    Seller's Agent in 2016

    Suzanne Perkins

    Sotheby's International Realty

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 15-944

Santa Barbara Multiple Listing Service

APN: 007-110-088

California Santa Barbara County Santa Barbara 93108

1948 Tollis Ave, Santa Barbara, CA

This home is located at 1948 Tollis Ave, Santa Barbara, CA 93108 since 25 March 2015 and is currently estimated at $5,319,000, approximately $1,059 per square foot. This property was built in 1984. 1948 Tollis Ave 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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