NOT LISTED FOR SALE

1948 Tollis Ave Santa Barbara, CA 93108

Estimated Value: $5,319,000

2.36 Acres
$2,253,814 Price per Acre
102,802 Sq Ft Lot

Last Sold December 28, 2012

Last sale price $5,500,000

Est. 3% decrease in value since last sale

Current estimated payment $34,301/month

269 Days on Market

Highlights

  • Ocean View
  • Property is near an ocean
  • Property is near a park
  • Santa Barbara Senior High School Rated A-

About This Lot

As of December 2012

Rare opportunity to develop an ocean view estate in prime Montecito location. There are 2 legal parcels & 2 existing Palladian style houses of 5700 sq ft & 2700 sq ft, w/underground utilities, mature specimen landscaping, pool, gentle terrain. Entitlements for 2 houses creates ability for compound living or develop one, sell the other. Properties are also offered separately. See MLS 12-152/12-148.

Last Agent to Sell the Property

Colleen Beall

Village Properties Listed on: 01/14/2012

Last Buyer's Agent

Suzanne Perkins

Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $231,232

Lot Details

  • Flag Lot
  • Property is zoned E-1

Property Views

  • Ocean
  • Mountain

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

Additional Features

  • Property is near an ocean
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 007-110-002

Property Details

Property Type

Land

Est. Annual Taxes

$231,232

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Reso Property Sub Type: Res Multi-Unit
  • ResoLotFeatures: Flag Lot
  • Subdivision Name: Other
  • 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
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Proximity Near Shopping2: Yes
  • ViewOcean: Yes
  • LocationTopo Flag Lot2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountain(s), Ocean

Utilities

  • Utilities: Underground Utilities
  • Water Source: Mont Wtr

Schools

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

Lot Info

  • Parcel #: 007-110-002
  • 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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
12/28/2012 12/28/12 Sold $5,500,000 -6.8% --
10/08/2012 10/08/12 Pending -- -- --
01/13/2012 01/13/12 For Sale $5,900,000 -- --
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

  • 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: 12-168

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 14 January 2012 and is currently estimated at $5,319,000. 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Santa Barbara Multiple Listing Service This information is being provided for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that you may be interested in purchasing. Data relating to real estate for sale on this Website comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. All information is deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither the Santa Barbara Multiple Listing Service nor the listing broker(s) shall be responsible for any typographical errors, misinformation, or misprints.
Copyright 2025 Santa Barbara Multiple Listing Service. All rights reserved.

Nearby Homes