240 Hot Springs Rd Santa Barbara, CA 93108
2
Beds
2
Baths
1,394
Sq Ft
0.43
Acres
Highlights
- Tennis Courts
- Property is near an ocean
- Updated Kitchen
- Santa Barbara Senior High School Rated A-
- Estate
- Cape Cod Architecture
About This Home
As of July 2025Delightful 2-bedroom, 2-bath cottage in a fantastic location. Just a short distance from the Upper & Lower Villages and less than a mile from the beach, this single-level home is in the heart of Montecito. Its central living room features hardwood floors, a fireplace and large windows that welcome natural light. The kitchen hosts a dual Viking range, custom cabinetry and marble countertops. The home's entry is gated and in addition to the 2-car garage there is a motor court with plenty of off street parking. The property is spacious and includes a patio, fruit trees, a large fenced backyard with sports court—perfect for entertaining & outdoor fun. Come experience the Montecito lifestyle with easy access to shopping, dining, the beach and the award winning Montecito Union School district!
Last Agent to Sell the Property
Zia Group
Keller Williams Realty Santa Barbara License #01710544 Listed on: 09/08/2020
Last Buyer's Agent
Todd Shea
Sotheby's International Realty
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $23,294
Year Built
- Built in 1948
Lot Details
- 0.43 Acre Lot
- Gated Home
- Level Lot
- Irrigation
- Fruit Trees
- Lawn
- Property is in excellent condition
Parking
- 2 Car Attached Garage
- 6 Open Parking Spaces
Home Design
- Estate
- Cape Cod Architecture
- Craftsman Architecture
- Ranch Style House
- Cottage
- Raised Foundation
- Composition Roof
- Wood Siding
Interior Spaces
- Ceiling Fan
- Gas Fireplace
- Living Room with Fireplace
- Dining Area
- Home Office
- Wood Flooring
- Mountain Views
- Fire and Smoke Detector
Kitchen
- Updated Kitchen
- Double Oven
- Stove
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Remodeled Bathroom
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Property is near an ocean
- Tennis Courts
- Shed
Location
- Property is near a park
- Property is near public transit
- Property is near schools
- Property is near shops
- Property is near a bus stop
- City Lot
Schools
- Mont Union Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Utilities
- Central Air
- Sewer Stub Out
Listing and Financial Details
- Assessor Parcel Number 009-103-004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 21, 2025
Closed on
Jun 25, 2025
Sold by
Navarre Creek Llc
Bought by
George And Dana Zaloom Living Trust and Zaloom
Seller's Agent
Nancy Kogevinas
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Nell Grokenberger
Berkshire Hathaway HomeServices California Properties
List Price
$3,995,000
Sold Price
$3,895,000
Premium/Discount to List
-$100,000
-2.5%
Views
69
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-39.58%
Purchase Details
Listed on
Sep 8, 2020
Closed on
Oct 23, 2020
Sold by
Meriwether Enterprises Llc
Bought by
Navarre Creek Llc
Seller's Agent
Zia Group
Keller Williams Realty Santa Barbara
Buyer's Agent
Todd Shea
Sotheby's International Realty
List Price
$1,950,000
Sold Price
$1,982,000
Premium/Discount to List
$32,000
1.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.53%
Original Mortgage
$1,486,500
Interest Rate
1.87%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 5, 2018
Closed on
Oct 1, 2018
Sold by
Mozilo Ericf Ralph and Mozilo Terri
Bought by
Meriwether Enterprises Llc
Seller's Agent
Dan Encell
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Zia Group
Keller Williams Realty Santa Barbara
List Price
$1,995,000
Sold Price
$1,800,000
Premium/Discount to List
-$195,000
-9.77%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.76%
Purchase Details
Listed on
Apr 29, 2016
Closed on
May 23, 2016
Sold by
Lukas Jon
Bought by
Mozilo Family Revocable Living Trust and Mozilo Terri Mieko
Seller's Agent
Dan Encell
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Daniel Encell
Berkshire Hathaway HomeServices California Properties
List Price
$1,695,000
Sold Price
$1,585,000
Premium/Discount to List
-$110,000
-6.49%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.82%
Purchase Details
Listed on
Jul 10, 2012
Closed on
Jul 23, 2012
Sold by
Rhodehamel Nicholas H and Rhodehamel Elizabeth
Bought by
Lukas Jon
Seller's Agent
Pamela Regan
Village Properties
Buyer's Agent
Andria Kahmann
Berkshire Hathaway HomeServices California Properties
List Price
$1,350,000
Sold Price
$1,350,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.16%
Purchase Details
Closed on
Oct 3, 2008
Sold by
Shallow Lillian G
Bought by
Rhodehamel Nicholas H and Rhodehamel Elizabeth
Similar Homes in Santa Barbara, CA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $3,895,000 | Chicago Title Company | |
| Grant Deed | $1,982,000 | Chicago Title Company | |
| Grant Deed | $1,825,000 | Chicago Title Co | |
| Grant Deed | $1,585,000 | Chicago Title Company | |
| Grant Deed | $1,365,000 | Chicago Title Company | |
| Grant Deed | -- | Equity Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,486,500 | New Conventional | |
| Previous Owner | $300,000 | New Conventional | |
| Previous Owner | $850,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/03/2025 07/03/25 | Sold | $3,895,000 | -2.5% | $2,768 / Sq Ft |
| 06/13/2025 06/13/25 | Pending | -- | -- | -- |
| 06/07/2025 06/07/25 | Off Market | $3,995,000 | -- | -- |
| 05/21/2025 05/21/25 | For Sale | $3,995,000 | +101.6% | $2,839 / Sq Ft |
| 10/29/2020 10/29/20 | Sold | $1,982,000 | +1.6% | $1,422 / Sq Ft |
| 09/20/2020 09/20/20 | Pending | -- | -- | -- |
| 09/08/2020 09/08/20 | For Sale | $1,950,000 | +8.3% | $1,399 / Sq Ft |
| 10/05/2018 10/05/18 | Sold | $1,800,000 | -9.8% | $1,291 / Sq Ft |
| 09/15/2018 09/15/18 | Pending | -- | -- | -- |
| 08/05/2018 08/05/18 | For Sale | $1,995,000 | +25.9% | $1,431 / Sq Ft |
| 07/05/2016 07/05/16 | Sold | $1,585,000 | -6.5% | $1,137 / Sq Ft |
| 05/04/2016 05/04/16 | Pending | -- | -- | -- |
| 03/10/2016 03/10/16 | For Sale | $1,695,000 | +25.6% | $1,216 / Sq Ft |
| 07/27/2012 07/27/12 | Sold | $1,350,000 | 0.0% | $968 / Sq Ft |
| 07/13/2012 07/13/12 | Pending | -- | -- | -- |
| 07/10/2012 07/10/12 | For Sale | $1,350,000 | -- | $968 / 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 | $23,294 | $2,145,379 | $1,353,040 | $792,339 |
| 2023 | $23,294 | $2,062,072 | $1,300,500 | $761,572 |
| 2022 | $22,524 | $2,021,640 | $1,275,000 | $746,640 |
| 2021 | $22,076 | $1,982,000 | $1,250,000 | $732,000 |
| 2020 | $20,836 | $1,861,500 | $1,224,000 | $637,500 |
| 2019 | $20,376 | $1,825,000 | $1,200,000 | $625,000 |
| 2018 | $18,560 | $1,649,034 | $1,248,480 | $400,554 |
| 2017 | $18,170 | $1,616,700 | $1,224,000 | $392,700 |
| 2016 | $15,922 | $1,419,921 | $884,200 | $535,721 |
| 2015 | $15,533 | $1,398,593 | $870,919 | $527,674 |
| 2014 | $15,300 | $1,371,197 | $853,859 | $517,338 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Nancy Kogevinas
Berkshire Hathaway HomeServices California Properties
(805) 450-6233
124 in this area
244 Total Sales
-
N
Buyer's Agent in 2025
Nell Grokenberger
Berkshire Hathaway HomeServices California Properties
(805) 679-1185
1 in this area
3 Total Sales
-
Z
Seller's Agent in 2020
Zia Group
Keller Williams Realty Santa Barbara
-
T
Buyer's Agent in 2020
Todd Shea
Sotheby's International Realty
-
Seller's Agent in 2018
Dan Encell
Berkshire Hathaway HomeServices California Properties
(805) 677-2013
44 in this area
124 Total Sales
-
D
Buyer's Agent in 2016
Daniel Encell
Berkshire Hathaway HomeServices California Properties
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 20-3548
APN: 009-103-004
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