NOT LISTED FOR SALE

2347 E Valley Rd Santa Barbara, CA 93108

Estimated Value: $6,238,000 - $8,805,086

6 Beds
7.5 Baths
7,463 Sq Ft
$957/Sq Ft Est. Value

Sale Details

Date Sold: October 12, 2022

Last sale price $5,600,000 $750 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $43,413 / mo

109 Days on Market

Highlights

  • Pool
  • Property is near an ocean
  • Fireplace in Primary Bedroom
  • Santa Barbara Senior High School Rated A-
  • Guest Quarters
  • Property is near park, public transit, schools, shops, and bus stop

About This Home

As of October 2022

Tucked behind beautiful gates awaits an impressive estate. This home is gracious in size and scale and topped with volumous ceilings showing extraordinary carved wood detail. In over 7,000 square feet of living space, you will find 6 spacious bedrooms, 7.5 bathrooms, chef's kitchen, formal dining, entertainer's living room, library, media room, and office. Outside enjoy two fireplaces, inviting oversized pool, and multiple areas to lounge and entertain. Located in the desirable Montecito Union School district and a short distance to Montecito's Upper Village, beaches, mountain trails, Miramar Hotel, shopping and dining on Coast Village Road and the fun town of Summerland.

Last Agent to Sell the Property

Marcy Bazzani

Village Properties License #01402612 Listed on: 07/27/2022

Last Buyer's Agent

Buck Joffrey

Village Properties - 1 License #02112140

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1990

Lot Details

  • 38,332 Sq Ft Lot
  • Partially Fenced Property
  • Lawn
  • Property is in good condition

Home Design

  • Mediterranean Architecture
  • Split Level Home
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 7,463 Sq Ft Home
  • Sound System
  • Cathedral Ceiling
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Library

Kitchen

  • Built-In Double Oven
  • Built-In Range
  • Stove
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Guest Quarters

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 7 Open Parking Spaces
  • Carport

Outdoor Features

  • Spa
  • Property is near an ocean
  • Covered Patio or Porch
  • Fireplace in Patio

Location

  • Property is near park, public transit, schools, shops, and bus stop

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Stub Out

Community Details

  • Restaurant

Listing and Financial Details

  • Assessor Parcel Number 005-020-045

Home Details

Home Type

Single Family

Year Built

Built in 1990

Lot Details

0.88 Acres

Listing Details

  • Prop. Type: Residential
  • Year Built: 1990
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Near Public Transit
  • ResoSecurityFeatures: Security System, Smoke Detector(s)
  • Architectural Style: Medit
  • Carport Y N: Yes
  • Reso Flooring: Wood, Tile
  • Unit Levels: Split Level
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1990
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.88
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Laundry Laundry Room2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security Smoke Detector(s)2: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • Property Information Main House SqFt: 7463.0
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Rooms Office3: Yes
  • Dining Formal2: Yes
  • Dining In Kitchen4: Yes
  • Amenities Guest Quarters2: Yes
  • Amenities Sound System: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Property Information Apx Lot SqFt: 38332.0
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • Construction Split Level: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • Roof:Tile2: Yes
  • ParkingGarage Total # Uncovered Spaces: 7.0
  • ParkingGarage Cpt #12: Yes
  • FlrWdw Coverings Wood2: Yes
  • Pets Yes: Yes
  • Style Medit2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Rooms:Den: Yes
  • Rooms LbryStudy: Yes
  • Fireplace(s) Patio3: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Trash Compactor, Refrigerator, Oven/Rnge/Blt-In, Dishwasher, Disposal, Double Oven, Dryer, Gas Stove, Washer
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Primary Bedroom, Family Room, Other, LR, Patio
  • Other Rooms:Media Room: Yes
  • Appliances Included:Double Oven2: Yes
  • Appliances Included:Trash Compactor2: Yes

Exterior Features

  • Roof: Tile
  • Construction Type: Stucco
  • Acres: 0.88
  • Exterior Features: Pool, Patio Open, Patio Covered, SPA-Outside, Lawn, Fenced: PRT
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 7.0
  • Parking Features: Cpt #1

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Forced Air: 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 #: 005-020-045
  • Zoning: R-1
  • Lot Size Sq Ft: 38332.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2022
Closed on
Sep 19, 2022
Sold by
Bought by
Seller's Agent
Marcy Bazzani
Village Properties
Buyer's Agent
Buck Joffrey
Village Properties - 1
List Price
$5,995,000
Sold Price
$5,600,000
Premium/Discount to List
-$395,000
-6.59%
Current Estimated Value
$7,145,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,545,022
Avg. Annual Appreciation
6.83%
Original Mortgage
$3,920,000
Outstanding Balance
$3,741,469
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$3,403,553

Purchase Details

Closed on
Jun 14, 2013
Sold by
Bought by

Purchase Details

Closed on
Mar 2, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,486,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 26, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,545,000
Interest Rate
6.22%

Purchase Details

Closed on
Sep 16, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,545,000
Interest Rate
6.22%

Purchase Details

Closed on
Jun 24, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
4.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
4.95%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$5,600,000 Fidelity National Title
-- None Available
$3,315,000 Chicago Title Company
-- Lawyers Title Company
-- Lawyers Title Company
-- Equity Title Company
-- Equity Title Company
-- Equity Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $3,920,000
Previous Owner $2,486,000
Previous Owner $1,545,000
Previous Owner $1,350,000
Closed $1,750,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/12/2022 10/12/22 Sold $5,600,000 0.0% $750 / Sq Ft
09/08/2022 09/08/22 Pending -- -- --
08/01/2022 08/01/22 Price Changed $5,600,000 -6.6% $750 / Sq Ft
07/27/2022 07/27/22 For Sale $5,995,000 0.0% $803 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
06/01/2022 06/01/22 Price Changed $5,995,000 -4.1% $803 / Sq Ft
05/21/2022 05/21/22 For Sale $6,250,000 -- $837 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $60,555 $5,826,240 $2,705,040 $3,121,200
2023 $60,555 $5,600,000 $2,600,000 $3,000,000
2022 $43,074 $4,002,135 $1,509,099 $2,493,036
2021 $42,190 $3,923,662 $1,479,509 $2,444,153
2020 $41,775 $3,883,431 $1,464,339 $2,419,092
2019 $40,827 $3,807,286 $1,435,627 $2,371,659
2018 $40,056 $3,732,634 $1,407,478 $2,325,156
2017 $39,301 $3,659,446 $1,379,881 $2,279,565
2016 $38,108 $3,587,693 $1,352,825 $2,234,868
2015 $37,431 $3,533,804 $1,332,505 $2,201,299
2014 -- $3,464,583 $1,306,404 $2,158,179
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Marcy Bazzani

    Village Properties

    (805) 717-0450

    31 Total Sales

    Marcy Bazzani
    Section Image

  • B

    Buyer's Agent in 2022

    Buck Joffrey

    Village Properties - 1

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 22-1640

Santa Barbara Multiple Listing Service

APN: 005-020-045

California Santa Barbara County Santa Barbara 93108

2347 E Valley Rd, Santa Barbara, CA

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