NOT LISTED FOR SALE

1966 E Valley Rd Santa Barbara, CA 93108

Estimated Value: $6,771,000 - $8,525,000

4 Beds
4.5 Baths
4,148 Sq Ft
$1,794/Sq Ft Est. Value

Last Sold August 04, 2017

Last sale price $3,400,000 $820 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $44,240/month

43 Days on Market

Highlights

  • Art Studio
  • Fruit Trees
  • Fireplace in Primary Bedroom
  • Santa Barbara Senior High School Rated A-
  • Maid or Guest Quarters
  • Main Floor Primary Bedroom

About This Home

As of August 2017

Create lasting memories in this warm and wonderful compound property sitting on nearly 1 acre. Down a private lane, the approximate 4,148 main residence enjoys a main floor master and 3 additional bedrooms, 4.5 bathrooms, well appointed entertaining spaces, & wine cellar. Surrounded by enchanting gardens, patios, lawn, and koi ponds, there is also a spacious guest cottage with private entrance, a separate hobby workshop, & also a separate exercise studio complete with steam shower. This lovely home is situated within the highly desired Montecito Union School District & convenient to the Upper Village, country clubs, Knollwood tennis club, & Montecito hiking trails.

Last Agent to Sell the Property

Marsha Kotlyar Estate Group

Berkshire Hathaway HomeServices California Properties License #01426886 Listed on: 05/23/2017

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Marsha Kotlyar Estate Group

Berkshire Hathaway HomeServices California Properties License #01426886 Listed on: 05/23/2017

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,451

Year Built

  • Built in 1953

Lot Details

  • 0.95 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Fruit Trees
  • Lawn
  • Property is in excellent condition

Parking

  • Garage

Home Design

  • Cottage
  • Slate Roof
  • Wood Siding

Interior Spaces

  • 4,148 Sq Ft Home
  • 2-Story Property
  • Multiple Fireplaces
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Art Studio
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Maid or Guest Quarters

Outdoor Features

  • Fireplace in Patio
  • Separate Outdoor Workshop

Location

  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 007-130-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,451

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1953
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level, Rolling Slope
  • Architectural Style: Cal Cottage
  • Reso Flooring: Carpet, Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Other, Work Shop
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1953
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.95
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • LocationTopo Level: Yes
  • LocationTopo Rolly2: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Style Cal Cottage: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Primary: Yes
  • Laundry Laundry Room2: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Tile3: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Art Studio2: Yes
  • Dining Formal2: Yes
  • Amenities Guest Quarters2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • Other Buildings Work Shop2: Yes
  • WaterSewer Septic In: Yes
  • FlrWdw Coverings Carpet: Yes
  • Fireplace(s) Patio3: Yes
  • Roof Slate2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Primary Bedroom, Family Room, 2+, LR, Patio
  • Total Bedrooms: 8

Exterior Features

  • Roof: Slate
  • Construction Type: Wood Siding
  • Acres: 0.95
  • Topography: Rolly, Level
  • Exterior Features: Lawn, Fruit Trees, Fenced: PRT
  • Foundation Details: Mixed

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2, Other

Utilities

  • Cooling: Other
  • Heating: Forced Air
  • Cooling Y N: Yes
  • 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 #: 007-130-025
  • Zoning: R-1
  • Lot Size Sq Ft: 41382.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2017
Closed on
Jul 19, 2017
Sold by
Couvillion Stephen S and Couvillion Lisa B
Bought by
Fitzgerald Andrew J and Andrew J Fitzgerald 2011 Trust
Seller's Agent
Marsha Kotlyar Estate Group
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Marsha Kotlyar Estate Group
Berkshire Hathaway HomeServices California Properties
List Price
$3,625,000
Sold Price
$3,400,000
Premium/Discount to List
-$225,000
-6.21%
Current Estimated Value
$7,439,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,039,561
Avg. Annual Appreciation
9.76%

Purchase Details

Listed on
Jul 6, 2015
Closed on
Aug 13, 2015
Sold by
Carlson Victor E and Carlson Sara E
Bought by
Couvillion Stephen S and Couvillion Lisa B
Seller's Agent
Laurel Abbott
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Michele White
Berkshire Hathaway HomeServices California Properties
List Price
$3,750,000
Sold Price
$3,650,000
Premium/Discount to List
-$100,000
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.61%
Original Mortgage
$2,000,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2013
Sold by
Carlson Victor E and Carlson Sara E
Bought by
Carlson Victor E and Carlson Sara E

Purchase Details

Closed on
Nov 25, 2011
Sold by
Norman Theodore P and Norman Cynthia A
Bought by
Carlson Victor E and Carlson Sara E

Purchase Details

Closed on
Dec 10, 2008
Sold by
Hughes Terence and Hughes Margaret
Bought by
Norman Theodore P and Norman Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,200,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2006
Sold by
Hughes Terence and Hughes Margaret
Bought by
Hughes Terence and Hughes Margaret

Purchase Details

Closed on
Dec 12, 1994
Sold by
Tucker Suzanne M
Bought by
Hughes Terence and Hughes Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.62%

Purchase Details

Closed on
Dec 31, 1993
Sold by
Tucker Suzanne M
Bought by
Tucker Suzanne M

Purchase Details

Closed on
Sep 13, 1993
Sold by
Nugent John P
Bought by
Tucker Suzanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$566,300
Interest Rate
4%
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
Fitzgerald Andrew J $3,400,000 Chicago Title Company
Couvillion Stephen S $3,650,000 Chicago Title Company
Carlson Victor E -- None Available
Carlson Victor E $2,600,000 First American Title Company
Norman Theodore P -- Lawyers Title Company
Hughes Terence -- None Available
Hughes Terence -- Chicago Title Company
Tucker Suzanne M -- --
Tucker Suzanne M $809,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fitzgerald Andrew J $1,000,000
Previous Owner Couvillion Stephen S $500,000
Previous Owner Couvillion Stephen S $2,000,000
Previous Owner Norman Theodore P $3,200,000
Previous Owner Hughes Terence $862,900
Previous Owner Hughes Terence $930,000
Previous Owner Hughes Terence $1,000,000
Previous Owner Tucker Suzanne M $566,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2017 08/04/17 Sold $3,400,000 -6.2% $820 / Sq Ft
07/01/2017 07/01/17 Pending -- -- --
05/19/2017 05/19/17 For Sale $3,625,000 -0.7% $874 / Sq Ft
09/01/2015 09/01/15 Sold $3,650,000 -2.7% $880 / Sq Ft
07/12/2015 07/12/15 Pending -- -- --
07/06/2015 07/06/15 For Sale $3,750,000 -- $904 / 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 $44,451 $4,170,331 $1,706,742 $2,463,589
2023 $44,451 $4,008,394 $1,640,468 $2,367,926
2022 $43,024 $3,935,485 $1,608,302 $2,327,183
2021 $39,222 $3,574,006 $1,576,767 $1,997,239
2020 $38,857 $3,537,360 $1,560,600 $1,976,760
2019 $37,951 $3,468,000 $1,530,000 $1,938,000
2018 $37,321 $3,400,000 $1,500,000 $1,900,000
2017 $38,579 $3,723,000 $1,683,000 $2,040,000
2016 $37,466 $3,650,000 $1,650,000 $2,000,000
2015 $27,978 $2,717,266 $1,358,633 $1,358,633
2014 $27,525 $2,664,040 $1,332,020 $1,332,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 17-1682

Santa Barbara Multiple Listing Service

APN: 007-130-025