$8,600,000
SOLD MAR 1, 2022

2084 E Valley Rd Santa Barbara, CA 93108

6 Beds
5.5 Baths
5,393 Sq Ft
1 Acres

Recently Sold

$1,595 Per Sq Ft

1% Above List Price

2 Days on Market

Highlights

  • Pool House
  • Property is near an ocean
  • Updated Kitchen
  • Santa Barbara Senior High School Rated A-
  • Estate
  • Mountain View

About This Home

As of September 2024

This spectacular Mediterranean style villa with interior contemporary elements will transport you to another time and place. Upon entering the foyer, you are greeted by ascending ceilings, and beautiful Palladian windows highlighting unobstructed mountain views. A floor to ceiling fireplace in the living room is a great statement piece and compliments the grand staircase. This home not only boasts a pool/hot tub, but tucked away behind the guest house is yet another spa area including an outdoor shower, cold plunge, and soaking tub.

The primary bath features dual closets, a grand freestanding tub, and marble floors and countertops.

The technology incorporated in the 2011 construction of this home gives you the best of both worlds. This estate includes state of the art smart home technology, upgraded security systems, and solar technology. This truly exceptional estate successfully captures the true essence of the Montecito lifestyle.

In addition, there is an auxiliary unit perfect for an office or artist studio, with its own separate entrance and gate. Located near upper village and close proximity to shopping, dining, hiking trails and Montecito beaches.

Last Agent to Sell the Property

Maureen McDermut

Sotheby's International Realty License #01175027 Listed on: 02/02/2022

Last Buyer's Agent

Tyler Mearce

Sotheby's International Realty License #01969409

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $92,446

Year Built

  • Built in 2011

Lot Details

  • 1 Acre Lot
  • Dog Run
  • Gated Home
  • Artificial Turf
  • Level Lot
  • Irrigation
  • Lawn
  • Drought Tolerant Landscaping
  • Property is in excellent condition

Parking

  • Direct Access Garage

Home Design

  • Estate
  • Slab Foundation
  • Slate Roof
  • Stucco

Interior Spaces

  • 5,393 Sq Ft Home
  • 2-Story Property
  • Multiple Fireplaces
  • Double Pane Windows
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Mountain Views
  • Home Security System

Kitchen

  • Updated Kitchen
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom
  • Maid or Guest Quarters
  • Low Flow Plumbing Fixtures

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Pool House
  • Spa
  • Outdoor Pool

Outdoor Features

  • Property is near an ocean
  • Fireplace in Patio
  • Built-In Barbecue

Location

  • Property is near public transit
  • 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

  • Forced Air Heating and Cooling System
  • Septic System

Community Details

  • Restaurant

Listing and Financial Details

  • Assessor Parcel Number 007-140-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$92,446

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 2011
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level, Near Public Transit
  • ResoSecurityFeatures: Gate:Elec, Security Camera, Security System
  • Architectural Style: Estate
  • Reso Flooring: Hardwood, Marble, Stone
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Other
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2011
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.0
  • 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
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Interior Access: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • GroundsLandscaping Drought Tolerant LND2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Marble2: Yes
  • Cooling Central Air: Yes
  • Property Information Main House SqFt: 5393.0
  • Style Estate2: Yes
  • Construction Two Story2: Yes
  • ParkingGarage Gar #33: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Dining Formal2: Yes
  • Dining In Kitchen4: Yes
  • Amenities Guest Quarters2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Security Security Camera2: Yes
  • FlrWdw Coverings Stone2: Yes
  • Proximity Near Bus: Yes
  • WaterSewer Septic In: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • GroundsLandscaping Hot Tub2: Yes
  • GroundsLandscaping Dog Run2: Yes
  • Appliances Included Low Flow Fixtures2: Yes
  • Pets Yes: Yes
  • Rooms:Den: Yes
  • Fireplace(s) Patio3: Yes
  • GroundsLandscaping Artificial Turf: Yes
  • Roof Slate2: Yes
  • GroundsLandscaping Pool House2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Dishwasher, Disposal, Dryer, Low Flow Fixtures, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Primary Bedroom, Family Room, 2+, LR, Patio

Exterior Features

  • Roof: Slate
  • View: Mountain(s), Setting
  • Construction Type: Stucco
  • Acres: 1.0
  • Topography: Level
  • Exterior Features: Pool, Pool House, SPA-Outside, Hot Tub, Dog Run, Lawn, Yard Irrigation PRT, Fenced: ALL, Drought Tolerant LND
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #3, Interior Access, Other

Utilities

  • Cooling: Central Air
  • 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 #: 007-140-015
  • Zoning: R-1
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2022
Closed on
Feb 7, 2022
Sold by
Gigi Trust
Bought by
2084 East Valley Road Llc
Seller's Agent
Maureen McDermut
Sotheby's International Realty
Buyer's Agent
Tyler Mearce
Sotheby's International Realty
List Price
$8,500,000
Sold Price
$8,600,000
Premium/Discount to List
$100,000
1.18%
Current Estimated Value
$8,856,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,000
Avg. Annual Appreciation
0.86%
Original Mortgage
$5,590,000
Outstanding Balance
$5,239,812
Interest Rate
3.55%
Mortgage Type
Construction
Estimated Equity
$3,616,188

Purchase Details

Listed on
Feb 18, 2021
Closed on
Apr 29, 2021
Sold by
Oreilly Ragan Kristen and Ragan Kristen Orelly Revocable
Bought by
Gagan Sarah P and Gigi Trust
Seller's Agent
Maureen McDermut
Sotheby's International Realty
Buyer's Agent
Maureen McDermut
Sotheby's International Realty
List Price
$7,255,000
Sold Price
$6,905,000
Premium/Discount to List
-$350,000
-4.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.13%

Purchase Details

Closed on
Dec 26, 2019
Sold by
Oreilly Ragan Kristen and The Oreilly Trust
Bought by
Oreilly Ragan Kristen and Oreilly Revocabl Ragan Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,001
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 18, 2019
Closed on
Aug 7, 2019
Sold by
Grimm Investments Llc
Bought by
Kristen O Reilly Ragan
Seller's Agent
Chris Agnoli
Sun Coast Real Estate
Buyer's Agent
Chris Agnoli
RE/MAX Santa Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.07%

Purchase Details

Closed on
May 13, 2008
Sold by
Putnam Gregory W
Bought by
Grimm Investments Llc

Purchase Details

Closed on
Sep 4, 1997
Sold by
Putnam Mimi Mauracher
Bought by
Putnam Gregory W

Purchase Details

Closed on
Aug 27, 1997
Sold by
Erickson Thomas
Bought by
Erickson Anne P

Purchase Details

Closed on
Aug 7, 1997
Sold by
Putnam Gregory W
Bought by
Putnam Gregory W

Purchase Details

Closed on
Aug 7, 1995
Sold by
Putnam Jane Walker
Bought by
Putnam Gregory W and Erickson Anne P

Purchase Details

Closed on
Apr 24, 1995
Sold by
Santa Barbara Bank & Trust
Bought by
Putnam Jane Walker
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $8,600,000 Fidelity National Title
Grant Deed $6,905,000 Chicago Title Company
Interfamily Deed Transfer -- First American Title
Grant Deed $5,000,000 Chicago Title Company
Grant Deed -- Fidelity National Title Co
Interfamily Deed Transfer -- Equity Title Company
Interfamily Deed Transfer -- Equity Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Grant Deed -- --
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,590,000 Construction
Previous Owner $3,000,001 New Conventional
Previous Owner $920,000 Negative Amortization
Previous Owner $300,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2024 09/25/24 Sold $1,375,000 -1.4% $255 / Sq Ft
09/13/2024 09/13/24 Pending -- -- --
07/23/2024 07/23/24 Price Changed $1,395,000 -6.4% $259 / Sq Ft
06/03/2024 06/03/24 For Sale $1,490,000 +15.1% $276 / Sq Ft
09/14/2022 09/14/22 Sold $1,294,000 0.0% $240 / Sq Ft
09/14/2022 09/14/22 Off Market $1,294,000 -- --
06/30/2022 06/30/22 Sold $1,294,000 0.0% $240 / Sq Ft
06/30/2022 06/30/22 Pending -- -- --
06/30/2022 06/30/22 For Sale $1,294,000 0.0% $240 / Sq Ft
03/23/2022 03/23/22 For Sale $1,294,000 -85.0% $240 / Sq Ft
03/01/2022 03/01/22 Sold $8,600,000 +1.2% $1,595 / Sq Ft
02/03/2022 02/03/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $8,500,000 +23.1% $1,576 / Sq Ft
05/11/2021 05/11/21 Sold $6,905,000 -4.8% $1,146 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $7,255,000 0.0% $1,204 / Sq Ft
08/14/2019 08/14/19 Rented -- -- --
08/12/2019 08/12/19 Sold $5,000,000 0.0% $1,479 / Sq Ft
07/15/2019 07/15/19 Under Contract -- -- --
07/07/2019 07/07/19 Pending -- -- --
03/18/2019 03/18/19 For Rent $20,000 0.0% --
09/14/2018 09/14/18 For Sale $5,695,000 0.0% $1,685 / Sq Ft
06/15/2014 06/15/14 Rented -- -- --
05/16/2014 05/16/14 Under Contract -- -- --
03/06/2014 03/06/14 For Rent $24,000 +14.3% --
06/18/2012 06/18/12 Rented $21,000 -19.2% --
05/19/2012 05/19/12 Under Contract -- -- --
03/06/2012 03/06/12 For Rent $26,000 -- --
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
2023 $92,446 $8,600,000 $3,000,000 $5,600,000
2022 $73,035 $7,043,100 $2,805,000 $4,238,100
2021 $52,369 $5,051,798 $1,818,647 $3,233,151
2020 $51,842 $5,000,000 $1,800,000 $3,200,000
2019 $51,682 $6,301,523 $1,764,933 $4,536,590
2018 $60,624 $5,867,000 $1,557,294 $4,309,706
2017 $62,749 $6,056,831 $1,696,401 $4,360,430
2016 $60,910 $5,938,071 $1,663,139 $4,274,932
2015 $60,122 $5,848,877 $1,638,158 $4,210,719
2014 $59,147 $5,734,306 $1,606,069 $4,128,237
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 22-276

Santa Barbara Multiple Listing Service

APN: 007-140-015