NOT LISTED FOR SALE

1970 E Valley Rd Santa Barbara, CA 93108

Estimated Value: $8,082,000 - $9,000,543

3 Beds
3.5 Baths
3,398 Sq Ft
$2,557/Sq Ft Est. Value

Last Sold October 07, 2019

Last sale price $5,810,160 $1,710 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $53,014/month

4 Days on Market

Highlights

  • Property is near an ocean
  • Updated Kitchen
  • Mountain View
  • Santa Barbara Senior High School Rated A-
  • Fruit Trees
  • Multiple Fireplaces

About This Home

As of October 2019

Through private iron gates, this elegant hideaway is conveniently located in the exclusive neighborhood of Montecito's celebrated Upper Village within close proximity to Birnam Wood Golf Club, and near the world-famous San Ysidro Ranch. A meticulous renovation designed by Architect Marc Appleton was recently completed in 2019 that incorporates stunning architectural elements and embodies luxury and sophistication throughout the home's approx. 3,398 sq. ft, 3-bedrooms and 3 ½-baths. The enhanced home features a living room thoughtfully reimagined with a voluminous 11 ft. ceiling, an open concept gourmet kitchen and family room, a formal dining room, a large master suite with a sitting room, two en-suite guest bedrooms, an office, a playroom, and a new powder room. Delight in the unique setting on approx. 1.3 beautifully terraced and landscaped grounds that allow for wonderful entertainment options including a covered lanai, a stone terrace courtyard, built-in barbeque, fire pit, Bocce court, lush landscaping and serene mountain views.
There's conceptual approval on plans designed by Marc Appleton for a pool, pool cabana, art studio/ADU, a guest/staff apartment above the 2-car garage, and an additional pergola. Discover this secluded Montecito treasure that defines romantic architecture and the relaxed Montecito lifestyle.

COMPLETE RENOVATIONS designed by Architect Marc Appleton involved: Raising the living room ceiling to 11 ft., adding a new master closet, guest suite custom closets, motorized shades in all the bedroom suites, new vanities in all baths, a new bathtub in guest bath #2, adding an additional powder room with a custom stone floating sink, new plumbing, new faucets, retouching of all beams, and all of the interior and exterior of the house have been newly painted. Also added throughout the home were all new cabinets, fixtures, hardware, lighting, electrical, a Lutron Home Automation system, an AV sound system, speakers, an alarm system, a phone system, and a central vacuum system. The garage was converted into a playroom, but it can be converted back to a garage if needed.

Last Agent to Sell the Property

Suzanne Perkins

Compass Listed on: 09/11/2019

Last Buyer's Agent

Josiah Hamilton

Berkshire Hathaway HomeServices California Properties License #01415235

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $69,130

Year Built

  • Built in 1987

Lot Details

  • 1.3 Acre Lot
  • Gated Home
  • Level Lot
  • Irrigation
  • Fruit Trees
  • Lawn
  • Property is in excellent condition
  • Property is zoned E-1

Parking

  • Direct Access Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 3,398 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Cathedral Ceiling
  • Multiple Fireplaces
  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Game Room
  • Mountain Views

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Built-In Double Oven
  • Built-In Range
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Property is near an ocean
  • Covered Patio or Porch
  • Fireplace in Patio
  • Gazebo
  • Built-In Barbecue

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

  • Forced Air Heating and Cooling System
  • Sewer Stub Out

Listing and Financial Details

  • Assessor Parcel Number 007-130-024

Home Details

Home Type

Single Family

Est. Annual Taxes

$69,130

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1987
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level
  • ResoSecurityFeatures: Gate:Elec, Security System, Smoke Detector(s)
  • Reso Flooring: Carpet, Hardwood, Marble
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1987
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.3
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Construction Single Story2: Yes
  • Foundation:Slab: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Breakfast Bar2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • Security Smoke Detector(s)2: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Marble2: Yes
  • Cooling Central Air: Yes
  • Exterior BrickStone: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Office3: Yes
  • Dining Formal2: Yes
  • Amenities Wet Bar2: Yes
  • Fireplace(s) Gas8: Yes
  • Fireplace(s):_two_3: Yes
  • FlrWdw Coverings Carpet: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Fireplace(s) Patio3: Yes
  • Appliances Included Central Vac2: Yes
  • GroundsLandscaping Gazebo2: Yes
  • Rooms Game Room3: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Oven/Rnge/Blt-In, Central Vac, Dishwasher, Double Oven, Dryer, Gas Stove, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: 2, Gas, LR, Patio
  • Appliances Included:Double Oven2: Yes

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Setting
  • Construction Type: Brick/Stone
  • Acres: 1.3
  • Topography: Level
  • Exterior Features: Patio Open, Patio Covered, Gazebo, Lawn, Fruit Trees, Yard Irrigation T/O, Fenced: ALL
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #2, Interior Access, Attached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Radiant Floor
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes
  • Heating:Radiant Floor: Yes

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

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

Lot Info

  • Parcel #: 007-130-024
  • Zoning: E-1
  • Lot Size Sq Ft: 56628.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2019
Closed on
Sep 27, 2019
Sold by
Everlasting Properties Llc
Bought by
Funk Mark E and Owens James F
Seller's Agent
Suzanne Perkins
Compass
Buyer's Agent
Josiah Hamilton
Berkshire Hathaway HomeServices California Properties
List Price
$5,995,000
Sold Price
$5,810,160
Premium/Discount to List
-$184,840
-3.08%
Current Estimated Value
$8,630,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,820,308
Avg. Annual Appreciation
7.11%

Purchase Details

Listed on
Dec 3, 2018
Closed on
Dec 13, 2018
Sold by
Cohn Deborah Chapman
Bought by
Everlasting Properties Llc
Seller's Agent
Nancy Kogevinas
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Suzanne Perkins
Compass
List Price
$4,725,000
Sold Price
$4,928,065
Premium/Discount to List
$203,065
4.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.17%

Purchase Details

Closed on
Jun 8, 2012
Sold by
Cohn David K
Bought by
Cohn David K

Purchase Details

Listed on
Apr 3, 2012
Closed on
Mar 30, 2012
Sold by
Cohn David K
Bought by
Cohn Deborah C
Seller's Agent
Dan Encell
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Daniel Encell
Berkshire Hathaway HomeServices California Properties
List Price
$2,500,000
Sold Price
$2,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.77%
Original Mortgage
$1,200,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 3, 2012
Closed on
Mar 28, 2012
Sold by
Stokes Russell B and Stokes Stephanie L
Bought by
Cohn David K and Cohn Deborah C
Seller's Agent
Dan Encell
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Daniel Encell
Berkshire Hathaway HomeServices California Properties
List Price
$2,500,000
Sold Price
$2,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 3, 2012
Closed on
Mar 27, 2012
Sold by
Sorrell Mary Lou and Sorrell Jon
Bought by
Stokes Russell B and Stokes Stephanie L
Seller's Agent
Dan Encell
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Daniel Encell
Berkshire Hathaway HomeServices California Properties
List Price
$2,500,000
Sold Price
$2,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 15, 2007
Sold by
Stokes Russell B and Stokes Stephanie L
Bought by
Stokes Russell B and Stokes Stephanie L

Purchase Details

Closed on
Dec 9, 2004
Sold by
Stokes Russell B and Stokes Stephanie L
Bought by
Stokes Russell B and Stokes Stephanie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,442,582
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2003
Sold by
Davis Claudia Paul and Davis Barbara Ann
Bought by
Stokes Russell B and Stokes Stephanie L

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
4.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 11, 1999
Sold by
Trustees Davis Claude Paul & Barbara Ann
Bought by
Davis Claude Paul and Davis Barbara Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7%

Purchase Details

Closed on
Aug 12, 1994
Sold by
Davis Claude Paul and Davis Barbara Ann
Bought by
Davis Claude and Davis Barbara Ann
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
Funk Mark E $5,810,500 Chicago Title Company
Everlasting Properties Llc $4,928,500 Chicago Title Co
Cohn David K -- None Available
Cohn Deborah Chapman -- None Available
Cohn Deborah C -- Chicago Title Company
Cohn David K -- Chicago Title Company
Cohn David K $2,500,000 Chicago Title Company
Stokes Russell B -- Chicago Title
Stokes Russell B -- Chicago Title Company
Stokes Russell B -- Chicago Title Company
Stokes Russell B -- --
Stokes Russell B -- Equity Title Company
Davis Claude Paul -- Chicago Title Co
Davis Claude -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cohn David K $1,200,000
Previous Owner Stokes Russell B $1,442,582
Previous Owner Stokes Russel B $110,000
Previous Owner Stokes Russell B $1,442,582
Previous Owner Stokes Russell B $1,000,000
Previous Owner Davis Claude Paul $200,000
Previous Owner Davis Claude Paul $1,250,000
Previous Owner Davis Claude Paul $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2019 10/07/19 Sold $5,810,160 -3.1% $1,710 / Sq Ft
09/15/2019 09/15/19 Pending -- -- --
09/11/2019 09/11/19 For Sale $5,995,000 +21.7% $1,764 / Sq Ft
12/21/2018 12/21/18 Sold $4,928,065 +4.3% $1,450 / Sq Ft
12/04/2018 12/04/18 Pending -- -- --
12/03/2018 12/03/18 For Sale $4,725,000 +89.0% $1,391 / Sq Ft
04/03/2012 04/03/12 Sold $2,500,000 0.0% $728 / Sq Ft
04/03/2012 04/03/12 Pending -- -- --
04/03/2012 04/03/12 For Sale $2,500,000 -- $728 / 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 $69,130 $6,666,376 $2,760,124 $3,906,252
2023 $69,130 $6,407,514 $2,652,946 $3,754,568
2022 $65,252 $6,137,760 $2,601,418 $3,536,342
2021 $62,381 $5,870,353 $2,525,900 $3,344,453
2020 $61,710 $5,810,160 $2,500,000 $3,310,160
2019 $52,421 $4,928,065 $2,200,000 $2,728,065
2018 $28,898 $2,798,298 $1,655,858 $1,142,440
2017 $28,407 $2,743,431 $1,623,391 $1,120,040
2016 $27,599 $2,689,639 $1,591,560 $1,098,079
2015 $27,241 $2,649,239 $1,567,654 $1,081,585
2014 -- $2,597,345 $1,536,946 $1,060,399
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-3199

Santa Barbara Multiple Listing Service

APN: 007-130-024