NOT LISTED FOR SALE

2225 Featherhill Rd Santa Barbara, CA 93108

Estimated Value: $8,236,000 - $11,646,513

6 Beds
6.5 Baths
6,452 Sq Ft
$1,498/Sq Ft Est. Value

Last Sold June 28, 2017

Last sale price $5,889,761 $913 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $57,282/month

322 Days on Market

About This Home

As of June 2017

Down a tree-lined drive behind gates, is this fabulous East Coast-style home on Approx. 1.62 acres. Mountain views abound from the tastefully appointed yet comfortable floor plan, with 6 bedrooms in the main house and a wonderful 2 bedroom guest house. The covered patio enjoys views of the rolling lawns, pool and lush, detailed gardens. An outdoor kitchen, bocce court and pool gazebo allows for the quintessential indoor/outdoor living Santa Barbara is known for. The majestic oak trees surrounding the property creating a peaceful setting yet this stunning property is conveniently located to the Village of Montecito and in the Montecito Union School District. Please visit Photo section for video.

Last Agent to Sell the Property

Ron Brand

Sotheby's International Realty Listed on: 12/03/2016

Co-Listed By

Robert Lamborn

Sotheby's International Realty

Last Buyer's Agent

Robert Riskin

Village Properties License #01815307 / 01447045 / 01954177 / 01951069

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $69,401

Year Built

  • Built in 2012

Lot Details

  • 1.62 Acre Lot
  • Property is zoned E-1

Home Design

  • 6,452 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 155-060-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$69,401

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 2012
  • Reso Property Sub Type: Home/Estate
  • Co List Office Mls Id: sir
  • Co List Office Phone: 805-969-9993
  • Property Information Year Built2: 2012
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.62
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Property Information Within City Limits: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Total Bedrooms: 20

Exterior Features

  • Acres: 1.62

Schools

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

Lot Info

  • Parcel #: 155-060-002
  • Zoning: E-1
  • Lot Size Sq Ft: 70567.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2016
Closed on
Jun 22, 2017
Sold by
Big Red Properties Inc
Bought by
Hoyt Robert Lewis and Hoyt Emilie Davidson
Seller's Agent
Ron Brand
Sotheby's International Realty
Buyer's Agent
Robert Riskin
Village Properties
List Price
$6,750,000
Sold Price
$5,889,761
Premium/Discount to List
-$860,239
-12.74%
Current Estimated Value
$9,665,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,776,117
Avg. Annual Appreciation
5.97%
Original Mortgage
$3,533,856
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2010
Sold by
American Riviera Bank
Bought by
Big Red Properties Inc

Purchase Details

Closed on
Sep 9, 2009
Sold by
Blankenship John W and Blankenship Hazel M
Bought by
American Riviera Bank

Purchase Details

Closed on
Aug 3, 2005
Sold by
Blankenship John W and Blankenzhip Hazel M
Bought by
Blankenship John W and Blankenship Hazel M

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
5.51%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hoyt Robert Lewis $5,890,000 Chicago Title Company
Big Red Properties Inc $2,150,000 Fidelity National Title Co
American Riviera Bank -- None Available
Blankenship John W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoyt Living Trust $3,231,000
Closed Hoyt Robert Lewis $3,533,856
Previous Owner Blankenship John W $287,000
Previous Owner Blankenship John W $1,500,000
Previous Owner Blankenship John W $1,000,000
Previous Owner Blankenship John W $1,000,000
Previous Owner Blankenship John W $250,000
Previous Owner Blankenship John W $1,260,000
Previous Owner Blankenship John W $100,000
Previous Owner Blankenship John W $1,000,000
Previous Owner Blankenship John W $770,000
Previous Owner Blankenship John W $674,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2017 06/28/17 Sold $5,889,761 -12.7% $913 / Sq Ft
05/24/2017 05/24/17 Pending -- -- --
07/06/2016 07/06/16 For Sale $6,750,000 -- $1,046 / 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 $69,401 $6,835,570 $2,611,317 $4,224,253
2023 $69,401 $6,570,138 $2,509,917 $4,060,221
2022 $66,972 $6,441,312 $2,460,703 $3,980,609
2021 $63,334 $6,100,000 $2,400,000 $3,700,000
2020 $64,929 $6,250,261 $2,387,718 $3,862,543
2019 $63,318 $6,127,707 $2,340,900 $3,786,807
2018 $62,077 $6,007,556 $2,295,000 $3,712,556
2017 $54,504 $5,259,398 $1,663,208 $3,596,190
2016 $52,913 $5,156,274 $1,630,597 $3,525,677
2014 $51,382 $4,979,337 $1,574,643 $3,404,694
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 16-2234

Santa Barbara Multiple Listing Service

APN: 155-060-002