NOT LISTED FOR SALE

244 Hot Springs Rd Santa Barbara, CA 93108

Estimated Value: $3,979,000 - $5,581,000

3 Beds
3 Baths
2,490 Sq Ft
$1,801/Sq Ft Est. Value

Last Sold February 21, 2018

Last sale price $2,000,000 $803 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $25,967/month

Highlights

  • Property is near an ocean
  • Updated Kitchen
  • Deck
  • Santa Barbara Senior High School Rated A-
  • Fireplace in Primary Bedroom
  • Cathedral Ceiling

About This Home

As of May 2018

This charming three bedroom/three bathroom Montecito country home is located close to Coast Village Road and Butterfly Beach. It is situated on a very private half acre of lush gardens featuring a sprawling lawn, rose garden, fruit trees, and master crafted stonework. The interiors have been updated to include polished wood flooring and newer paint. Living room boasts a cozy fireplace, and is perfect for family gatherings and entertaining guests. Gorgeous French doors lead to a large wrap around outdoor deck, that is ideal for small pets or simply taking in the morning sun. Other amenities include a formal dining room, den, atrium, sumptuous master bedroom suite w/ enclosed sun porch, three fireplaces, raised ceilings, skylights, and crown molding.

Last Agent to Rent the Property

Martin Mielko

Diamond Properties License #00639142 Listed on: 03/17/2018

Last Renter's Agent

Martin Mielko

Diamond Properties License #00639142 Listed on: 03/17/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,878

Year Built

  • 1946

Lot Details

  • Fenced
  • Level Lot
  • Lawn
  • Property is in excellent condition

Parking

  • Attached Garage

Home Design

  • Cottage

Interior Spaces

  • 2,490 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Cathedral Ceiling
  • Skylights
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Wood Flooring
  • Property Views

Kitchen

  • Updated Kitchen
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property is near an ocean
  • Deck

Additional Features

  • Property is near shops
  • Central Air

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Property Available on 3/17/18

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,878

Year Built

1946

Lot Details

0

Listing Details

  • Prop. Type: ResidentialLease
  • Reso Property Sub Type: Home/Estate
  • NumberUnfurnished: Partially
  • ResoLaundryFeatures: Common Area
  • Architectural Style: Cal Cottage
  • Reso Flooring: Hardwood
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Condition Excellent: Yes
  • Property Information:Date Available: 2018-03-17
  • Property Information Total Bathrooms2: 3.0
  • Style Cal Cottage2: Yes
  • Construction Single Story: Yes
  • GroundsLandscaping Fenced All: Yes
  • View Setting: Yes
  • GroundsLandscaping Deck: Yes
  • Fireplace(s) Living Room: Yes
  • ParkingGarage Gar #23: Yes
  • Proximity Near Ocean: Yes
  • Proximity Near Shopping: Yes
  • Pets Yes8: Yes
  • ParkingGarage Attached5: Yes
  • Dining Formal: Yes
  • Amenities Cathedral Ceilings: Yes
  • Amenities Remodeled Bath: Yes
  • Amenities Remodeled Kitchen: Yes
  • Appliances Included Gas Stove: Yes
  • Furnishings Partially Furnished: Yes
  • LocationTopo Level2: Yes
  • HeatingCooling AC Central: Yes
  • FlrWdw Coverings Hardwood: Yes
  • GroundsLandscaping Lawn: Yes
  • Rooms DenLibraryStudy: Yes
  • Fireplace(s) Master Bedroom: Yes
  • Laundry Common Area: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1946

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Master Bedroom
  • Appliances Included:Dryer: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Dishwasher: Yes
  • Other Rooms:Office: Yes

Exterior Features

  • View: Setting
  • Exterior Features: Deck, Fenced All, Lawn

Garage/Parking

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

Association/Amenities

  • Amenities:Skylight: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2017
Closed on
Feb 2, 2018
Sold by
St John Susan F
Bought by
Childs Joseph R and Childs Donna B
Seller's Agent
Martin Mielko
Diamond Properties
Buyer's Agent
Martin Mielko
Diamond Properties
List Price
$2,175,000
Sold Price
$2,000,000
Premium/Discount to List
-$175,000
-8.05%
Current Estimated Value
$4,484,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,484,729
Avg. Annual Appreciation
11.78%
Original Mortgage
$1,400,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 29, 2014
Sold by
St John Susan F
Bought by
St John Susan F and Susan F St John Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 24, 2012
Sold by
St John Susan F
Bought by
St John Susan F and Susan F St John Trust

Purchase Details

Closed on
Aug 8, 2012
Sold by
St John Susan F
Bought by
St John Susan F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,005,000
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2010
Sold by
St John Susan F
Bought by
St John Susan F and Susan F St John Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.17%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 11, 2010
Sold by
Gackenbach Susan F
Bought by
Gackenbach Susan F and The Susan F Gackenbach Trust

Purchase Details

Closed on
May 19, 2009
Sold by
Lepage Kathryn E
Bought by
Gackenbach Susan F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.31%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 13, 1998
Sold by
Howard Lipstone and Lipstone Family Trus
Bought by
Lepage Kathryn E and Kathryn Lepage Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.71%
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 Buyer Sale Price Title Company
Childs Joseph R $2,000,000 First American Title Co
St John Susan F -- First American Title Ins Co
St John Susan F -- None Available
St John Susan F -- Servicelink
St John Susan F -- First American Title Company
Gackenbach Susan F -- None Available
Gackenbach Susan F -- Lawyers Title Company
Lepage Kathryn E $680,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Childs Joseph R $1,310,000
Closed Childs Joseph R $1,400,000
Previous Owner St John Susan F $1,400,000
Previous Owner St John Susan F $1,005,000
Previous Owner St John Susa F $692,000
Previous Owner St John Susan F $400,000
Previous Owner Gackenbach Susan F $250,000
Previous Owner Gackenbach Susan F $729,750
Previous Owner Lepage Kathryn E $610,000
Previous Owner Lepage Kathryn E $200,000
Previous Owner Lepage Kathryn E $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2018 05/07/18 Rented $7,900 -20.0% --
05/07/2018 05/07/18 Under Contract -- -- --
03/17/2018 03/17/18 For Rent $9,875 0.0% --
02/21/2018 02/21/18 Sold $2,000,000 -8.0% $803 / Sq Ft
01/22/2018 01/22/18 Pending -- -- --
10/18/2017 10/18/17 For Sale $2,175,000 -- $873 / 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 $24,878 $2,308,462 $1,592,958 $715,504
2023 $24,878 $2,218,823 $1,531,102 $687,721
2022 $24,123 $2,175,318 $1,501,081 $674,237
2021 $23,641 $2,132,666 $1,471,649 $661,017
2020 $23,367 $2,105,800 $1,456,560 $649,240
2019 $22,594 $2,040,000 $1,428,000 $612,000
2018 $20,229 $1,810,830 $1,131,770 $679,060
2017 $19,811 $1,775,325 $1,109,579 $665,746
2016 $19,203 $1,740,516 $1,087,823 $652,693
2014 $18,486 $1,680,791 $1,050,495 $630,296
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: RN-14452

Santa Barbara Multiple Listing Service

APN: 009-103-005