NOT LISTED FOR SALE

232 Hot Springs Rd Santa Barbara, CA 93108

Estimated Value: $3,495,000 - $3,888,000

4 Beds
3 Baths
1,612 Sq Ft
$2,256/Sq Ft Est. Value

Last Sold September 13, 2018

Last sale price $1,843,000 $1,143 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $21,528/month

6 Days on Market

Highlights

  • Guest House
  • Property is near an ocean
  • Property is near public transit
  • Santa Barbara Senior High School Rated A-
  • Fruit Trees
  • Wood Flooring

About This Home

As of September 2018

Location! Location! Location! Situated behind a private gate sits this beautiful and charming Spanish Style Montecito cottage. Located close to the heart of Coast Village Rd and Butterfly Beach. This private gated .38 acre home feels like a retreat. Boasting lush gardens, a spacious entertaining area with a flagstone patio and built-in gas BBQ. This is one of the most charming homes on the street. The main house has 3 bedrooms and 2 bathrooms. The detached garage has additional storage space and a 1 bedroom, 1 bathroom guest studio. Located in MUS School District! This property was not in the affected area of the debris flow.

Last Agent to Sell the Property

Justin Etherton

Keller Williams Realty Santa Barbara Listed on: 07/10/2018

Last Buyer's Agent

Justin Etherton

Keller Williams Realty Santa Barbara Listed on: 07/10/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,383

Year Built

  • Built in 1950

Lot Details

  • 0.38 Acre Lot
  • Fenced
  • Level Lot
  • Fruit Trees
  • Lawn
  • Property is in excellent condition
  • Property is zoned E-1

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,612 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Family Room with Fireplace
  • Property Views

Kitchen

  • Stove
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • Garage
  • Driveway

Outdoor Features

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

Additional Homes

  • Guest House

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

  • Cooling Available
  • Forced Air Heating System

Community Details

  • 2 Units
  • Montecito Land Co Community

Listing and Financial Details

  • Assessor Parcel Number 009-103-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,383

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Directions: 101 south exit E. Cabrillo, take round about to hot springs.
  • Prop. Type: Residential
  • Year Built: 1950
  • Reso Property Sub Type: Home/Estate
  • ResoLotFeatures: Level, Near Public Transit
  • Architectural Style: Spanish
  • Reso Flooring: Carpet, Hardwood, Stone
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1950
  • Property Information Total #Units: 2
  • Property Information Apx # Acres: 0.38
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • LocationTopo Level: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Construction Single Story2: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Primary: Yes
  • Amenities Dual Pane Window2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Gas Stove3: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • Proximity Near Shopping2: Yes
  • Amenities Guest House2: Yes
  • Fireplace(s) Family Room3: Yes
  • FlrWdw Coverings Stone2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • Location Info Development Name: Montecito Land Co
  • Roof:Tile2: Yes
  • ParkingGarage Gar #12: Yes
  • GroundsLandscaping Permeable Driveway2: Yes
  • Pets Yes: Yes
  • Style Spanish2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Range, Dishwasher, Disposal, Gas Stove
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room

Exterior Features

  • Roof: Tile
  • View: Setting
  • Construction Type: Stucco
  • Acres: 0.38
  • Topography: Level
  • Exterior Features: Patio Open, Lawn, Fruit Trees, Fenced: ALL, Permeable Driveway
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #1

Utilities

  • Cooling: Other
  • 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 #: 009-103-002
  • Zoning: E-1
  • Lot Size Sq Ft: 16552.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2018
Closed on
Jul 24, 2018
Sold by
Wirth Carol J
Bought by
Garber Marisa and Garber Bryan
Seller's Agent
Justin Etherton
Keller Williams Realty Santa Barbara
Buyer's Agent
Justin Etherton
Keller Williams Realty Santa Barbara
List Price
$1,795,000
Sold Price
$1,843,000
Premium/Discount to List
$48,000
2.67%
Current Estimated Value
$3,636,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,793,910
Avg. Annual Appreciation
10.20%
Original Mortgage
$300,000
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 5, 2018
Closed on
May 17, 2018
Sold by
Briggin Laura and M C Johnson Irrevoca Richard A
Bought by
Wirth Carol J
Seller's Agent
Bruce Emmens
Coldwell Banker Realty
Buyer's Agent
Raymond Sullivan
Coldwell Banker Realty
List Price
$2,050,000
Sold Price
$1,780,000
Premium/Discount to List
-$270,000
-13.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 4, 2014
Closed on
Jun 12, 2014
Sold by
Johnson Lorinda Knight
Bought by
Briggin Laura and Richard A M C Johnson Irrevocable Gift T
Seller's Agent
Lorie Bartron
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Barbie Detmer
Sterling Properties
List Price
$1,795,000
Sold Price
$1,715,000
Premium/Discount to List
-$80,000
-4.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.92%
Original Mortgage
$250,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 4, 2014
Closed on
Apr 30, 2014
Sold by
Lieberman Aaron L and Spungen Carol Ann
Bought by
Johnson Lorinda Knight
Seller's Agent
Lorie Bartron
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Barbie Detmer
Sterling Properties
List Price
$1,795,000
Sold Price
$1,715,000
Premium/Discount to List
-$80,000
-4.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 26, 2002
Sold by
Murdoch Rita Susan
Bought by
Lieberman Aaron L and Spungen Carol Ann

Purchase Details

Closed on
May 16, 2001
Sold by
Dibenedetto Michael and Dibenedetto Martine
Bought by
Murdoch Rita Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$864,000
Interest Rate
7.8%

Purchase Details

Closed on
Jun 3, 1997
Sold by
Marc Gamson
Bought by
Dibenedetto Michael and Dibendetto Martine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
7.94%
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
Garber Marisa $1,843,000 First American Title Co
Wirth Carol J $1,780,000 First American Title Co
Briggin Laura -- None Available
Johnson Lorinda Knight -- Chicago Title Company
Lieberman Aaron L -- First American Title
Murdoch Rita Susan -- Equity Title Company
Dibenedetto Michael -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garber Marisa $1,299,000
Closed Garber Bryan $300,000
Previous Owner Garber Marisa $1,343,000
Previous Owner Wirth Carol J $580,000
Previous Owner Johnson Lorinda Knight $250,000
Previous Owner Murdoch Rita Susan $864,000
Previous Owner Dibenedetto Michael $500,000
Previous Owner Dibenedetto Michael $444,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2018 09/13/18 Sold $1,843,000 +2.7% $1,143 / Sq Ft
07/16/2018 07/16/18 Pending -- -- --
07/10/2018 07/10/18 For Sale $1,795,000 +0.8% $1,114 / Sq Ft
06/06/2018 06/06/18 Sold $1,780,000 -13.2% $1,083 / Sq Ft
05/10/2018 05/10/18 Pending -- -- --
02/05/2018 02/05/18 For Sale $2,050,000 0.0% $1,247 / Sq Ft
12/14/2016 12/14/16 Rented $5,800 -3.3% --
11/14/2016 11/14/16 Under Contract -- -- --
11/03/2016 11/03/16 For Rent $6,000 0.0% --
05/13/2014 05/13/14 Sold $1,715,000 -4.5% $1,043 / Sq Ft
04/07/2014 04/07/14 Pending -- -- --
03/04/2014 03/04/14 For Sale $1,795,000 -- $1,092 / 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 $22,383 $2,055,895 $1,450,172 $605,723
2023 $22,383 $1,976,064 $1,393,861 $582,203
2022 $21,642 $1,937,319 $1,366,531 $570,788
2021 $21,213 $1,899,334 $1,339,737 $559,597
2020 $21,015 $1,879,860 $1,326,000 $553,860
2019 $20,561 $1,843,000 $1,300,000 $543,000
2018 $20,609 $1,847,686 $1,416,740 $430,946
2017 $20,184 $1,811,458 $1,388,961 $422,497
2016 $19,565 $1,775,940 $1,361,727 $414,213
2014 $10,624 $923,864 $570,736 $353,128
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 18-2472

Santa Barbara Multiple Listing Service

APN: 009-103-002