$1,800,000
SOLD OCT 5, 2018

240 Hot Springs Rd Santa Barbara, CA 93108

2 Beds
2 Baths
1,394 Sq Ft
0.43 Acres

Recently Sold

$1,291 Per Sq Ft

10% Below List Price

41 Days on Market

Highlights

  • Property is near an ocean
  • Fruit Trees
  • Lawn
  • Santa Barbara Senior High School Rated A-
  • Property is near public transit
  • Cottage

About This Home

As of July 2025

Charming 2 Bed/2 Bath home in the heart of Montecito. Light and airy, the interior spaces include: Central living room with a cozy brick fireplace and large windows that allow an abundance of natural light; the kitchen features a Viking range and opens to the dining room; the master bedroom includes a private office space, dual closets, and large windows with views of the stunning backyard. Gated and fenced for privacy, the yard features: a sports court; fruit trees; mature hedges; lawn and a brick patio, perfect for enjoying a summer afternoon. Convenient to both Upper and Lower Villages! In MUS.

Last Agent to Sell the Property

Dan Encell

Berkshire Hathaway HomeServices California Properties License #00976141 Listed on: 08/05/2018

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Zia Group

Keller Williams Realty Santa Barbara License #01710544

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,294

Year Built

  • Built in 1948

Lot Details

  • Level Lot
  • Fruit Trees
  • Lawn

Parking

  • Garage

Home Design

  • Cottage

Interior Spaces

  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Property is near an ocean

Location

  • Property is near public transit
  • Property is near schools
  • 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

  • Central Air
  • Sewer Stub Out

Listing and Financial Details

  • Assessor Parcel Number 009-103-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,294

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1948
  • Reso Property Sub Type: Home/Estate
  • ResoLotFeatures: Level, Near Public Transit
  • Architectural Style: Cal Cottage
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • Property Information Year Built2: 1948
  • Property Information Total #Units: 1
  • 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
  • Style Cal Cottage: Yes
  • Construction Single Story2: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near School(s)2: Yes
  • Fireplace(s) LR: Yes
  • WaterSewer Sewer Hookup: Yes
  • Cooling Central Air: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Near Bus: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: LR

Exterior Features

  • Topography: Level
  • Exterior Features: Lawn, Fruit Trees

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Water Source: Mont Wtr

Schools

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

Lot Info

  • Parcel #: 009-103-004
  • Zoning: Other

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
-19.12%

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
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 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

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 $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

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 18-2863

Santa Barbara Multiple Listing Service

APN: 009-103-004