NOT LISTED FOR SALE

Estimated Value: $1,524,000 - $1,938,000

1 Bed
1 Bath
1,186 Sq Ft
$1,418/Sq Ft Est. Value

Last Sold August 04, 2023

Last sale price $1,330,000 $1,121 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $10,333/month

8 Days on Market

Highlights

  • Mountain View
  • Wooded Lot
  • Cottage
  • Santa Barbara Senior High School Rated A-
  • Lawn
  • Direct Access Garage

About This Home

As of August 2023

This special Mission Canyon home has been in the same family since it was built in 1955! Sitting on a quarter-acre corner lot with epic mountain views, 2501 Montrose is a gem just waiting for its new owner's personal touch to bring it to its full potential. Currently, the home has 1 bedroom, 1 bathroom and an attached 1 car garage but measuring at 1,186 square feet, the den and bonus space are prime for a possible second bedroom. The picture window in the living room and front patio area are perfect for viewing the mountains or birdwatching and there is plenty of additional front space beyond that could be expanded into a larger and more usable outdoor haven. Located at the corner of Tunnel Road at Montrose Rd this home is easily accessible and just minutes to Santa Barbara's amazing hiking trails, the Mission, Botanic Garden, Downtown and more!

Last Agent to Sell the Property

Jessie Sessions

Berkshire Hathaway HomeServices California Properties License #01937789 Listed on: 07/18/2023

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Kathy Spieler

Pitts & Bachmann Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,028

Year Built

  • Built in 1955

Lot Details

  • 0.25 Acre Lot
  • Wooded Lot
  • Lawn
  • Property is in average condition

Parking

  • Direct Access Garage

Home Design

  • Cottage
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,186 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Mountain Views
  • Built-In Electric Range
  • Laundry in Garage

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • Roosevelt Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Additional Features

  • Patio
  • Forced Air Heating System

Community Details

  • 15 Mission Canyon Subdivision

Listing and Financial Details

  • Assessor Parcel Number 023-115-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,028

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Directions: Tunnel Rd to Montrose Pl. Left on Montrose Pl, first house on left.
  • Prop. Type: Residential
  • Year Built: 1955
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: In Garage
  • Subdivision Name: 15 - Mission Canyon
  • Architectural Style: Cal Cottage
  • Reso Flooring: Laminate, Carpet
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Fair
  • Property Information Year Built2: 1955
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.25
  • NeighborhoodSchools Elementary School: Roosevelt
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Style Cal Cottage: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • Fireplace(s) LR: Yes
  • GroundsLandscaping Wooded4: Yes
  • FlrWdw Coverings Carpet: Yes
  • Laundry In Garage2: Yes
  • FlrWdw Coverings Laminate2: Yes
  • ParkingGarage Gar #12: Yes
  • Condition Fair2: Yes
  • Foundation Raised: Yes
  • Appliances Included Built-In Electric Range: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Built-In Electric Range
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: LR

Exterior Features

  • Roof: Composition
  • View: Mountain(s)
  • Construction Type: Stucco
  • Acres: 0.25
  • Exterior Features: Patio Open, Lawn, Wooded
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #1, Interior Access, Attached

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: SB Wtr
  • Heating:Forced Air: Yes

Schools

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

Lot Info

  • Parcel #: 023-115-003
  • Zoning: R-1
  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2023
Closed on
Jul 28, 2023
Sold by
Wayland Tax Exclusion Trust
Bought by
Stewart Michael K and Spieler Cara L
Seller's Agent
Jessie Sessions
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Kathy Spieler
Pitts & Bachmann Realtors
List Price
$1,175,000
Sold Price
$1,330,000
Premium/Discount to List
$155,000
13.19%
Views
44
Current Estimated Value
$1,681,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,795
Avg. Annual Appreciation
12.38%
Original Mortgage
$1,064,000
Outstanding Balance
$1,040,180
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$641,615

Purchase Details

Closed on
Jan 23, 2007
Sold by
Wayland Patricia A
Bought by
Wayland Patricia A

Purchase Details

Closed on
Aug 1, 2000
Sold by
Wayland Robert E and Wayland Patricia A
Bought by
Wayland Robert E and Wayland Patricia A

Purchase Details

Closed on
Jan 10, 2000
Sold by
Snyder Claude O Living Trust and Patricia A
Bought by
Wayland Patricia A

Purchase Details

Closed on
Nov 13, 1996
Sold by
Snyder Claude O
Bought by
Snyder Claude O
Source: Public Records

Range of Values:

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Average Value
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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
Stewart Michael K $1,330,000 First American Title
Wayland Patricia A -- None Available
Wayland Robert E -- --
Wayland Robert E -- --
Wayland Patricia A -- --
Snyder Claude O -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stewart Michael K $1,064,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2023 08/04/23 Sold $1,330,000 +13.2% $1,121 / Sq Ft
07/26/2023 07/26/23 Pending -- -- --
07/18/2023 07/18/23 For Sale $1,175,000 -- $991 / 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 $14,028 $1,326,000 $816,000 $510,000
2023 $14,028 $1,150,000 $725,000 $425,000
2022 $1,333 $91,633 $46,991 $44,642
2021 $1,308 $89,837 $46,070 $43,767
2020 $1,297 $88,917 $45,598 $43,319
2019 $1,275 $87,174 $44,704 $42,470
2018 $1,256 $85,466 $43,828 $41,638
2017 $1,207 $83,791 $42,969 $40,822
2016 $1,248 $82,149 $42,127 $40,022
2014 $1,770 $79,332 $40,683 $38,649
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-2116

Santa Barbara Multiple Listing Service

APN: 023-115-003