NOT LISTED FOR SALE

240 Middle Rd Santa Barbara, CA 93108

Estimated Value: $6,714,000 - $8,212,136

6 Beds
4.5 Baths
5,386 Sq Ft
$1,359/Sq Ft Est. Value

Last Sold February 02, 2021

Last sale price $4,100,000 $761 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $44,248/month

Highlights

  • Outdoor Pool
  • Property is near an ocean
  • Mountain View
  • Santa Barbara Senior High School Rated A-
  • Fruit Trees
  • Fireplace in Primary Bedroom

About This Home

As of February 2021

Known as El Hogar, this was the 1st home designed by G. W. Smith for his own personal residence & studio. This historic 1918 home sits on .66 acre, has 6 bedrooms 4.5 baths & 8 fireplaces. Perfect for entertaining with Living Room, Family Room, Dining Room and Master Suite all opening to the stunning Smith designed (Eric Nagelmann enhanced) gardens, complete with pool, patio and dramatic Mountain Views. The lush grounds include beautiful specimen trees, fruit trees, benches covered in decorative glazed tile, boxwood hedges, roses and a large brick patio with a lovely central fountain. The oversized gourmet kitchen includes top of the line appliances including a Wolf range, SubZero refrigerator, Bosch dishwasher, a large island, eat-in breakfast nook with charming fireplace. A centr Sky light floods the room with light while over looking the garden and pool.


This exceptional property is being offered for the first time in 25 years. Exquisite simplicity of design and effortless sophistication, conveniently located close to Montecito's lower Village shops, restaurants & beaches, & in Montecito Union School district.

Last Agent to Sell the Property

Sally Hanseth

Coldwell Banker Realty Listed on: 02/03/2021

Last Buyer's Agent

Non Member Agent

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,512

Year Built

  • Built in 1916

Lot Details

  • 0.66 Acre Lot
  • Back Yard Fenced
  • Level Lot
  • Irrigation
  • Fruit Trees
  • Lawn
  • Property is in excellent condition

Home Design

  • Spanish Architecture
  • Tile Roof
  • Stucco

Interior Spaces

  • 5,386 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • Multiple Fireplaces
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Library
  • Mountain Views
  • Home Security System
  • Basement

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Open Parking

Outdoor Features

  • Outdoor Pool
  • Property is near an ocean

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 System

Community Details

  • Montecito Land Co Community

Listing and Financial Details

  • Exclusions: Other, Chandelier
  • Assessor Parcel Number 009-122-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,512

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Directions: Coast Village Road to Middle Road.
  • Prop. Type: Residential
  • Year Built: 1916
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Gas Hookup
  • ResoLotFeatures: Level, Near Public Transit
  • ResoSecurityFeatures: Security System
  • Architectural Style: Spanish
  • Reso Flooring: Wood, Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1916
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.66
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • FlrWdw Coverings Tile3: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Office3: Yes
  • Dining Formal2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Dining Room2: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Proximity Near Bus: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • Location Info Development Name: Montecito Land Co
  • Roof:Tile2: Yes
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • GroundsLandscaping Fenced BCK: Yes
  • ParkingGarage Unc #12: Yes
  • Laundry Gas Hookup2: Yes
  • FlrWdw Coverings Wood2: Yes
  • Style Spanish2: Yes
  • Rooms LbryStudy: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Dishwasher, Disposal, Dryer, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Primary Bedroom, Family Room, Dining Room, 2+, LR
  • Bedrooms Basement: Yes

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Setting
  • Construction Type: Stucco
  • Acres: 0.66
  • Topography: Level
  • Exclusions: Other, Chandelier
  • Exterior Features: Pool, Lawn, Fruit Trees, Yard Irrigation PRT, Fenced: BCK, Fenced: PRT
  • Foundation Details: Mixed

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Gar #2, Unc #1

Utilities

  • Heating: Forced Air
  • 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 #: 009-122-007
  • Zoning: R-1
  • Lot Size Sq Ft: 28749.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2021
Closed on
Feb 2, 2021
Sold by
Balbes Xorin
Bought by
Lil Llc
Seller's Agent
Sally Hanseth
Coldwell Banker Realty
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$4,100,000
Sold Price
$4,100,000
Current Estimated Value
$7,317,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,217,784
Avg. Annual Appreciation
13.58%

Purchase Details

Listed on
Feb 3, 2021
Closed on
Jan 29, 2021
Sold by
Wexier Rita Taggart and Haskell Wexier
Bought by
Balbes Xorin
Seller's Agent
Sally Hanseth
Coldwell Banker Realty
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$4,100,000
Sold Price
$4,100,000

Purchase Details

Closed on
Apr 21, 2017
Sold by
Wexler Rita Taggart
Bought by
Wexler Rita Taggart

Purchase Details

Closed on
Apr 14, 1994
Sold by
Simon Nancy E
Bought by
Wexler Haskell and Wexler Rita Taggart

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.84%
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
Lil Llc $4,650,000 Fidelity National Title
Balbes Xorin $4,100,000 Chicago Title Company
Wexler Rita Taggart -- None Available
Wexler Haskell -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wexler Haskell $500,000
Previous Owner Wexler Haskell $500,000
Previous Owner Wexler Haskell $525,000
Previous Owner Wexler Haskell $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2021 02/02/21 Sold $4,100,000 0.0% $761 / Sq Ft
02/02/2021 02/02/21 Pending -- -- --
02/02/2021 02/02/21 For Sale $4,100,000 -- $761 / 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 $52,512 $5,033,307 $2,273,106 $2,760,201
2023 $52,512 $4,837,860 $2,184,840 $2,653,020
2022 $50,684 $4,743,000 $2,142,000 $2,601,000
2021 $25,568 $2,316,134 $863,640 $1,452,494
2020 $25,326 $2,292,386 $854,785 $1,437,601
2019 $24,735 $2,247,438 $838,025 $1,409,413
2018 $24,279 $2,203,372 $821,594 $1,381,778
2017 $23,792 $2,160,170 $805,485 $1,354,685
2016 $23,065 $2,117,815 $789,692 $1,328,123
2015 $22,583 $2,086,005 $777,831 $1,308,174
2014 -- $2,045,144 $762,595 $1,282,549
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 21-392

Santa Barbara Multiple Listing Service

APN: 009-122-007