M
Seller's Agent in 2017
Maureen McDermut
Sotheby's International Realty
(805) 570-5545
26 in this area
81 Total Sales
2224 E Valley Rd Montecito, CA 93108
Estimated Value: $6,668,000 - $8,434,000
4
Beds
4.5
Baths
4,777
Sq Ft
$1,604/Sq Ft
Est. Value
Highlights
- RV Access or Parking
- Mountain View
- Cathedral Ceiling
- Santa Barbara Senior High School Rated A-
- Multiple Fireplaces
- Wood Flooring
About This Home
As of September 2017Exceptional gated and private Mediterranean built in 2001 with mountain views. Grand open floor plan with formal living and dining rooms with vaulted ceilings. Gourmet chef's kitchen adjacent to breakfast room and great room.Master suite with spa-like bath. Designer details throughout 11' ceilings & 8' doors throughout home. Large backyard with sunny terraces.Room for a pool. Shared well.
Lovely koi pond completes serene and peaceful backyard.
Last Agent to Sell the Property
Sotheby's International Realty License #01175027 Listed on: 05/05/2017
Last Buyer's Agent
George Ambrose
Century 21 Hometown Realty
Home Details
Home Type
- Single Family
Year Built
- Built in 2001
Lot Details
- 0.81 Acre Lot
- Fenced
- Level Lot
- Lawn
- Property is in excellent condition
- Property is zoned E-1
Home Design
- Mediterranean Architecture
- Slab Foundation
- Tile Roof
- Stucco
Interior Spaces
- 4,777 Sq Ft Home
- 1-Story Property
- Cathedral Ceiling
- Multiple Fireplaces
- Double Pane Windows
- Family Room
- Formal Dining Room
- Home Office
- Library
- Mountain Views
- Fire and Smoke Detector
Kitchen
- Stove
- Gas Range
- Dishwasher
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry in unit
- 220 Volts In Laundry
Parking
- Attached Garage
- RV Access or Parking
Schools
- Mont Union Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Additional Features
- Stepless Entry
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number 155-060-021
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 5, 2017
Closed on
Sep 7, 2017
Sold by
Draine Leslie and Draine Kathryn J
Bought by
He Yuefang and Shen Qiang
Seller's Agent
Maureen McDermut
Sotheby's International Realty
Buyer's Agent
George Ambrose
Century 21 Hometown Realty
List Price
$4,375,000
Sold Price
$4,175,000
Premium/Discount to List
-$200,000
-4.57%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,489,103
Avg. Annual Appreciation
7.59%
Purchase Details
Closed on
Nov 18, 2005
Sold by
Draine Leslie and Draine Kathryn J
Bought by
Draine Leslie and Draine Kathryn J
Purchase Details
Closed on
Apr 23, 2003
Sold by
Luria and Dunn
Bought by
Draine Leslie and Draine Kathryn J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
5.84%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Dec 19, 2002
Sold by
Emswiler Terry E
Bought by
Luria Thomas E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,842,500
Interest Rate
5.75%
Purchase Details
Closed on
Aug 5, 1999
Sold by
Decker Steven C
Bought by
Luria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
7.64%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| He Yuefang | $4,175,000 | First American Title Company | |
| Draine Leslie | -- | -- | |
| Draine Leslie | -- | -- | |
| Draine Leslie | $2,475,000 | First American Title Co | |
| Luria | -- | First American Title Co | |
| Luria Thomas E | -- | Chicago Title | |
| Luria Thomas E | -- | Chicago Title | |
| Luria | -- | -- | |
| Luria | -- | Lawyers Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Luria | $980,000 | |
| Previous Owner | Draine Leslie | $1,000,000 | |
| Previous Owner | Luria Thomas E | $1,842,500 | |
| Previous Owner | Luria | $325,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/12/2017 09/12/17 | Sold | $4,175,000 | -4.6% | $874 / Sq Ft |
| 08/19/2017 08/19/17 | Pending | -- | -- | -- |
| 05/05/2017 05/05/17 | For Sale | $4,375,000 | -- | $916 / Sq Ft |
Source: Santa Barbara Multiple Listing Service
Tax History Compared to Growth
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 | $49,672 | $4,750,432 | $1,934,307 | $2,816,125 |
| 2023 | $49,672 | $4,565,969 | $1,859,197 | $2,706,772 |
| 2022 | $47,960 | $4,476,442 | $1,822,743 | $2,653,699 |
| 2021 | $46,972 | $4,388,669 | $1,787,003 | $2,601,666 |
| 2020 | $46,516 | $4,343,670 | $1,768,680 | $2,574,990 |
| 2019 | $45,481 | $4,258,500 | $1,734,000 | $2,524,500 |
| 2018 | $44,619 | $4,175,000 | $1,700,000 | $2,475,000 |
| 2017 | $33,324 | $3,088,639 | $1,559,920 | $1,528,719 |
| 2016 | $32,309 | $3,028,079 | $1,529,334 | $1,498,745 |
| 2014 | $31,209 | $2,924,171 | $1,476,855 | $1,447,316 |
Source: Public Records
Agents Affiliated with this Home
-
Maureen McDermut
-
G
Buyer's Agent in 2017
George Ambrose
Century 21 Hometown Realty
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 17-1482
APN: 155-060-021
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