NOT LISTED FOR SALE

2070 E Valley Rd Santa Barbara, CA 93108

Estimated Value: $4,400,000 - $4,997,559

3 Beds
2 Baths
1,760 Sq Ft
$2,681/Sq Ft Est. Value

Last Sold September 19, 2023

Last sale price $4,300,000 $2,443 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $29,383/month

33 Days on Market

Highlights

  • View of Trees or Woods
  • Updated Kitchen
  • Maid or Guest Quarters
  • Santa Barbara Senior High School Rated A-
  • Fruit Trees
  • Property is near a park

About This Home

As of September 2023

Tucked off the street down a shared drive, 1.17 serene & usable acres await the Montecito dreamer. Built in 1935 & recently refreshed, this 3 bed, 2 bath mountain view home enjoys high vaulted ceilings, a wood burning fireplace, shiplap walls, wood floors, numerous French doors, & vintage light fixtures. Studded w/ mature oaks, gravel gardens, & a lush lawn, the ample backyard offers future opportunity for a pool, playground, sports court, or future estate site. A separate, quaint guest apartment w/ a fireplace, adjoining garage, & carport complete the gated property. Located within the coveted MUS District, enjoying the natural wonders of local trails or the convenience of nearby golf clubs, this charming property grants access to some of the magical moments Montecito has to offer.

Last Agent to Sell the Property

Marsha Kotlyar Estate Group

Berkshire Hathaway HomeServices California Properties License #01426886 Listed on: 06/14/2023

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Sheela Hunt

Village Properties License #01103376

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,090

Year Built

  • Built in 1935

Lot Details

  • 1.17 Acre Lot
  • Fenced
  • Level Lot
  • Fruit Trees
  • Wooded Lot
  • Lawn
  • Property is in excellent condition

Property Views

  • Woods
  • Mountain

Home Design

  • Ranch Style House
  • Split Level Home
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,760 Sq Ft Home
  • Wet Bar
  • Cathedral Ceiling
  • Multiple Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Updated Kitchen
  • Gas Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Maid or Guest Quarters
  • 2 Full Bathrooms

Parking

  • Garage
  • Carport
  • Open Parking

Outdoor Features

  • Patio

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Schools

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

Utilities

  • Wall Furnace
  • Sewer Stub Out

Listing and Financial Details

  • Assessor Parcel Number 007-140-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,090

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1935
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Gas Hookup
  • ResoLotFeatures: Level, Near Public Transit
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Reso Flooring: Hardwood
  • Garage Yn: Yes
  • Unit Levels: Split Level, Single Story
  • New Construction: No
  • Reso Other Structures: Other
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1935
  • Property Information Apx # Acres: 1.17
  • 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
  • Roof:Composition: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • View Setting2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Fireplace(s) LR: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Property Information Main House SqFt: 1760.0
  • View Wooded3: Yes
  • Proximity Near Shopping2: Yes
  • Dining Formal2: Yes
  • Amenities Guest Quarters2: Yes
  • Amenities Wet Bar2: Yes
  • Proximity Near Bus: Yes
  • Construction Split Level: Yes
  • GroundsLandscaping Wooded4: Yes
  • Fireplace(s):_two_3: Yes
  • Laundry Gas Hookup2: Yes
  • Foundation Raised: Yes
  • ParkingGarage Unc #22: Yes
  • ParkingGarage Cpt #22: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Other, 2, LR
  • Other Rooms:Great Room: Yes

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Setting, Wooded
  • Acres: 1.17
  • Topography: Level
  • Exterior Features: Patio Open, Lawn, Fruit Trees, Wooded, Fenced: ALL
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Gar #2, Cpt #2, Unc #2

Utilities

  • Heating: Wall Furnace
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Wall Furnace: 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 #: 007-140-014
  • Zoning: R-1
  • Lot Size Sq Ft: 50965.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2023
Closed on
Aug 25, 2023
Sold by
2070 East Valley Road Llc
Bought by
Taback Lisa
Seller's Agent
Marsha Kotlyar Estate Group
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Sheela Hunt
Village Properties
List Price
$4,400,000
Sold Price
$4,300,000
Premium/Discount to List
-$100,000
-2.27%
Views
342
Current Estimated Value
$4,718,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$418,390
Avg. Annual Appreciation
5.04%
Original Mortgage
$3,000,000
Outstanding Balance
$2,943,843
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$1,774,547

Purchase Details

Closed on
Oct 3, 2022
Sold by
Brown 2006 Survivors Trust
Bought by
Homer G Sheffield Jr Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,722,500
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2022
Sold by
Homer G Sheffield Jr Family Trust
Bought by
2070 East Valley Road Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,722,500
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 1996
Sold by
Lengsfelder Janet
Bought by
Lengsfelder John

Purchase Details

Closed on
Jul 18, 1995
Sold by
Sheffield Homer G
Bought by
Sheffield Homer G
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
Taback Lisa $4,300,000 Chicago Title Company
Homer G Sheffield Jr Family Trust -- Chicago Title
2070 East Valley Road Llc $2,650,000 Chicago Title
Lengsfelder John -- Continental Lawyers Title Co
Sheffield Homer G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taback Lisa $3,000,000
Previous Owner 2070 East Valley Road Llc $1,722,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2023 09/19/23 Sold $4,300,000 +3.6% $2,443 / Sq Ft
07/17/2023 07/17/23 Pending -- -- --
07/11/2023 07/11/23 Price Changed $4,150,000 -5.7% $2,358 / Sq Ft
06/14/2023 06/14/23 For Sale $4,400,000 +66.0% $2,500 / Sq Ft
01/16/2023 01/16/23 Sold $2,650,000 0.0% $1,594 / Sq Ft
01/16/2023 01/16/23 Pending -- -- --
01/16/2023 01/16/23 For Sale $2,650,000 -- $1,594 / 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 $44,090 $3,570,000 $2,040,000 $1,530,000
2023 $44,090 $1,258,708 $915,356 $343,352
2022 $1,366 $122,528 $41,857 $80,671
2021 $1,322 $120,127 $41,037 $79,090
2020 $1,302 $118,897 $40,617 $78,280
2019 $1,200 $116,567 $39,821 $76,746
2018 $1,176 $114,283 $39,041 $75,242
2017 $1,154 $112,043 $38,276 $73,767
2016 $1,119 $109,847 $37,526 $72,321
2015 $1,118 $108,198 $36,963 $71,235
2014 -- $106,079 $36,239 $69,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-1720

Santa Barbara Multiple Listing Service

APN: 007-140-014