NOT LISTED FOR SALE

236 Hot Springs Rd Santa Barbara, CA 93108

Estimated Value: $3,152,000 - $3,576,000

4 Beds
4 Baths
1,814 Sq Ft
$1,846/Sq Ft Est. Value

Last Sold December 03, 2020

Last sale price $2,000,000 $1,103 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $19,362/month

5 Days on Market

Highlights

  • Greenhouse
  • Fruit Trees
  • Wood Flooring
  • Santa Barbara Senior High School Rated A-
  • Property is near public transit
  • Main Floor Primary Bedroom

About This Home

As of December 2020

Vintage charm in Montecito! Built in 1949, this cottage offers 3 bedrooms and 3 bathrooms in the main house, and a 1 bedroom, 1 bath studio. Living room with fireplace and French doors to patio. Formal dining with French doors. Retro kitchen with stainless steel appliances. Two master suites, one of the first floor with French doors to patio and one on the second floor with Juliette balcony, each with updated baths. Separate guest unit with bath. Tranquil gardens with fruit trees and a green house. Newer central heat and air. Montecito Union School attendance area. Occupied, shown by appointment only with 48 hours notice to pre-approved buyers. PEAD, Proof of Funds or Pre-Approval letter from lender required prior to showing.

Last Agent to Sell the Property

Jeff Oien

Village Properties - 1 License #00852118 Listed on: 11/05/2020

Last Buyer's Agent

Calcagno & Hamilton

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,107

Year Built

  • Built in 1949

Lot Details

  • Interior Lot
  • Fruit Trees
  • Wooded Lot
  • Lawn
  • Property is in good condition

Home Design

  • Cottage
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,814 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Security System
  • Property Views

Kitchen

  • Breakfast Bar
  • Stove
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Remodeled Bathroom
  • 4 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Driveway

Outdoor Features

  • Patio
  • Greenhouse
  • Shed

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
  • Sewer Stub Out

Listing and Financial Details

  • Exclusions: Potted Plants
  • Assessor Parcel Number 009-103-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,107

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1949
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Gas Hookup, In Garage
  • ResoLotFeatures: Interior Lot, Near Public Transit
  • ResoSecurityFeatures: Security System
  • Architectural Style: Cal Cottage
  • Reso Flooring: Carpet, Hardwood
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Shed(s), Greenhouse
  • Reso Property Condition: Good
  • Property Information Year Built2: 1949
  • Property Information Total #Units: 1
  • 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
  • Style Cal Cottage: Yes
  • Roof:Composition: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Breakfast Bar2: Yes
  • Amenities Remodeled Bath2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Cooling Central Air: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Dining Formal2: Yes
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • GroundsLandscaping Wooded4: Yes
  • FlrWdw Coverings Carpet: Yes
  • Other Buildings Shed: Yes
  • Laundry In Garage2: Yes
  • GroundsLandscaping Permeable Driveway2: Yes
  • Laundry Gas Hookup2: Yes
  • Foundation Raised: Yes
  • WaterSewer Meter In: Yes
  • Other Buildings Greenhouse2: Yes
  • LocationTopo Interior2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Dishwasher, Dryer, Gas Stove, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: LR

Exterior Features

  • Roof: Composition
  • View: Setting
  • Construction Type: Stucco
  • Exclusions: Potted Plants
  • Exterior Features: Patio Open, Lawn, Fruit Trees, Wooded, Permeable Driveway
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #2, Attached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Meter In, 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 #: 009-103-003
  • Zoning: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2021
Sold by
Gerlach Inken H and The Inken H Gerlach Revocable
Bought by
Hamilton Michael Alan and Hamilton Nancy Lynn
Current Estimated Value
$3,348,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,458,000
Outstanding Balance
$1,317,159
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,064,769

Purchase Details

Listed on
Nov 5, 2020
Closed on
Nov 18, 2020
Sold by
Edith D Tipple Living Trust and Oneill Carla
Bought by
Inken H Gerlach Revocable Trust and Gerlach
Seller's Agent
Jeff Oien
Village Properties - 1
Buyer's Agent
Calcagno & Hamilton
Sotheby's International Realty
List Price
$1,995,000
Sold Price
$2,000,000
Premium/Discount to List
$5,000
0.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.62%

Purchase Details

Closed on
Nov 21, 2000
Sold by
Joanne May
Bought by
Tipple Edith D

Purchase Details

Closed on
Jun 4, 1998
Sold by
May Bruce Chandler
Bought by
May Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$668,000
Interest Rate
4.62%

Purchase Details

Closed on
May 20, 1998
Sold by
Stegall Arthur John and Stegall Daryl
Bought by
May Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$668,000
Interest Rate
4.62%

Purchase Details

Closed on
Mar 6, 1998
Sold by
Barbara Sanchez
Bought by
Stegall Arthur John and Stegall Daryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
7.25%
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
Hamilton Michael Alan $2,158,000 Fidelity National Title Co
Inken H Gerlach Revocable Trust $2,000,000 Fidelity National Title
Tipple Edith D $1,070,000 American Title Co
May Joanne -- Equity Title Company
May Joanne $835,000 Equity Title Company
Stegall Arthur John $610,090 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamilton Michael Alan $1,458,000
Previous Owner May Joanne $668,000
Previous Owner Stegall Arthur John $488,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2020 12/03/20 Sold $2,000,000 +0.3% $1,103 / Sq Ft
11/10/2020 11/10/20 Pending -- -- --
11/05/2020 11/05/20 For Sale $1,995,000 -- $1,100 / 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 $15,107 $1,335,935 $836,914 $499,021
2023 $15,107 $1,284,061 $804,416 $479,645
2022 $14,636 $1,258,885 $788,644 $470,241
2021 $22,253 $2,000,000 $1,300,000 $700,000
2020 $16,761 $1,474,262 $1,102,255 $372,007
2019 $16,387 $1,445,356 $1,080,643 $364,713
2018 $16,094 $1,417,016 $1,059,454 $357,562
2017 $15,744 $1,389,232 $1,038,681 $350,551
2016 $15,257 $1,361,993 $1,018,315 $343,678
2014 $14,652 $1,315,257 $983,372 $331,885
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-4327

Santa Barbara Multiple Listing Service

APN: 009-103-003