NOT LISTED FOR SALE

1988 E Valley Rd Santa Barbara, CA 93108

Estimated Value: $8,367,000 - $10,888,947

3 Beds
6 Baths
5,305 Sq Ft
$1,777/Sq Ft Est. Value

Last Sold September 29, 2016

Last sale price $5,100,000 $961 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $54,686/month

464 Days on Market

Highlights

  • Ocean View
  • Home Theater
  • Multiple Fireplaces
  • Santa Barbara Senior High School Rated A-
  • Fruit Trees
  • Radiant Floor

About This Home

As of September 2016

Classic, coveted Spanish style estate with red tiled roofs, bougainvillea-covered arches, flagstone walkways and wrought-iron detail, all artfully crafted and lovingly maintained. This Ketzel and Goodman design is an outstanding blend of tradition and innovation. The main house is rich with character and elegant features including three spacious bedroom suites, three full and two half baths, fou r fireplaces, beautiful walnut and old style tile floors, high beamed ceilings, and a fantastic gourmet kitchen with octagonal breakfast room. The gourmet kitchen opens to the great room, and the great room to the south facing, heated and covered veranda. Additionally, there is a large and cozy library, and a lower level with media room, wet bar, wine storage, and exercise area. This home is made for entertaining!

Flagstone walkways through the colorful gardens connect to the accessory cottage and it's living room, kitchenette, two bedrooms, laundry and bath. The cottage also features covered parking, two patios and a sport court.

Last Agent to Sell the Property

Kathleen Marvin

Coldwell Banker Realty Listed on: 10/20/2015

Co-Listed By

Barbara Koutnik

Coldwell Banker Realty

Last Buyer's Agent

Stefani Taliaferro

Pitts & Bachmann Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $63,559

Year Built

  • Built in 2000

Lot Details

  • Gated Home
  • Partially Fenced Property
  • Irrigation
  • Fruit Trees
  • Property is in excellent condition
  • Property is zoned E-1

Property Views

  • Ocean
  • Mountain

Home Design

  • Spanish Architecture
  • Tile Roof
  • Stucco

Interior Spaces

  • Wet Bar
  • Ceiling Fan
  • Multiple Fireplaces
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Area
  • Home Theater
  • Home Office
  • Library
  • Home Gym
  • Attic Fan
  • Monitored

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Parking

  • Garage
  • Carport
  • Uncovered Parking

Outdoor Features

  • Covered Patio or Porch
  • Built-In Barbecue

Schools

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

Utilities

  • Cooling Available
  • Heating Available
  • Tankless Water Heater
  • Water Softener is Owned
  • Septic System
  • Satellite Dish

Listing and Financial Details

  • Exclusions: Other, Mirror
  • Assessor Parcel Number 007-130-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$63,559

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Directions: East Valley Rd, just east of Birnam Wood entrance, between Buena Vista and Olive.
  • Prop. Type: Residential
  • Year Built: 2000
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: 220V Elect, Laundry Room
  • ResoSecurityFeatures: Monitored, Gate:Elec, Security System
  • Co List Office Mls Id: cb01
  • Co List Office Phone: 805-969-4755
  • Architectural Style: Spanish
  • Carport Y N: Yes
  • Reso Flooring: Carpet, Hardwood, Tile
  • Garage Yn: Yes
  • New Construction: No
  • Reso Other Structures: Other
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2000
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • WaterSewer Sewer Avail: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Unc #4: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Microwave3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • Rooms Exercise Room2: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Amenities Wet Bar2: Yes
  • Fireplace(s):_two_4: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • WaterSewer Septic In: Yes
  • FlrWdw Coverings Carpet: Yes
  • Roof:Tile2: Yes
  • ViewOcean: Yes
  • ParkingGarage Cpt #12: Yes
  • Laundry:_two_20V Elect2: Yes
  • Appliances Included Wtr SoftenerOwned: Yes
  • Style Spanish2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Rooms LbryStudy: Yes
  • Rooms Theatre2: Yes
  • Cooling Ceiling Fan(s): Yes
  • Security Monitored2: Yes
  • Appliances Included Satellite Dish2: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • Cooling Attic Fan: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Trash Compactor, Refrigerator, Gas Range, Tankless Water Heater, Oven/Rnge/Blt-In, Dishwasher, Disposal, Microwave, Satellite Dish, Wtr Softener/Owned
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: 2+, LR
  • Total Bedrooms: 12
  • Appliances Included:Tankless Water Heater: Yes
  • Appliances Included:Trash Compactor2: Yes

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Ocean
  • Construction Type: Stucco
  • Exclusions: Other, Mirror
  • Exterior Features: Patio Open, Patio Covered, Fruit Trees, Yard Irrigation T/O, Fenced: PRT
  • Foundation Details: Mixed

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2, Cpt #1, Unc #4

Utilities

  • Cooling: Attic Fan, Ceiling Fan(s)
  • Heating: Radiant Floor
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Radiant Floor: Yes

Schools

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

Lot Info

  • Parcel #: 007-130-023
  • Zoning: E-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2015
Closed on
Sep 12, 2016
Sold by
Schleck Thomas T and Schleck Carol A
Bought by
Halbreich Jeremy L and Halbreich Nancy S
Seller's Agent
Kathleen Marvin
Coldwell Banker Realty
Buyer's Agent
Stefani Taliaferro
Pitts & Bachmann Realtors
List Price
$5,850,000
Sold Price
$5,100,000
Premium/Discount to List
-$750,000
-12.82%
Current Estimated Value
$9,020,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,920,710
Avg. Annual Appreciation
6.84%

Purchase Details

Closed on
Oct 29, 1999
Sold by
Schleck Thomas T and Schleck Carol A
Bought by
Schleck Thomas T and Schleck Carol A

Purchase Details

Closed on
Jun 19, 1997
Sold by
Mullins John E and Mullins Lauren E
Bought by
Schleck Thomas T and Schleck Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$503,750
Interest Rate
3.95%
Source: Public Records

Range of Values:

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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
Halbreich Jeremy L $5,100,000 Chicago Title Company
Schleck Thomas T -- --
Schleck Thomas T -- --
Schleck Thomas T -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schleck Thomas T $770,200
Previous Owner Schleck Thomas T $800,000
Previous Owner Schleck Thomas T $800,000
Previous Owner Schleck Thomas T $770,000
Previous Owner Schleck Thomas T $706,500
Previous Owner Schleck Thomas T $725,000
Previous Owner Schleck Thomas T $503,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2016 09/29/16 Sold $5,100,000 -12.8% $961 / Sq Ft
09/02/2016 09/02/16 Pending -- -- --
05/27/2015 05/27/15 For Sale $5,850,000 -- $1,103 / 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 $63,559 $6,046,367 $2,321,170 $3,725,197
2023 $63,559 $5,811,581 $2,231,037 $3,580,544
2022 $61,401 $5,697,630 $2,187,292 $3,510,338
2021 $60,144 $5,585,912 $2,144,404 $3,441,508
2020 $59,551 $5,528,636 $2,122,416 $3,406,220
2019 $58,194 $5,420,232 $2,080,800 $3,339,432
2018 $55,989 $5,206,600 $2,040,000 $3,166,600
2017 $52,854 $5,100,000 $2,000,000 $3,100,000
2016 $32,913 $3,208,702 $1,206,371 $2,002,331
2014 $31,959 $3,098,597 $1,164,975 $1,933,622
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 15-1756

Santa Barbara Multiple Listing Service

APN: 007-130-023