$1,245,000
SOLD MAY 10, 2012
4 Beds
3 Baths
3,231 Sq Ft
0.54 Acres

Recently Sold

$385 Per Sq Ft

8 Days on Market

Highlights

  • Outdoor Pool
  • Craftsman Architecture
  • Fireplace in Primary Bedroom
  • Santa Barbara Senior High School Rated A-
  • Mountain View
  • Deck

About This Home

As of June 2013

SUPERB LOCATION, 1/2 ACRE SECLUDED PARCEL ON QUIET 1-BLOCK LANE IN THE HEART OF MONTECITO. NEVER BEFORE ON THE MARKET, THIS RAMBLING CRAFTSMEN-ERA HOME WAS BUILT IN 1909 BY THE OWNERS' GREAT-GRANDPARENTS. OAK FLOORS, 2 FIREPLACES, BUILT-INS, ALCOVES, MANY ORIGINAL FEATURES. POOL, 2 CAR GARAGE, HUGE POSSIBILITIES. HALF MILE TO LOWER VILLAGE. SHOWN BY APPOINTMENT ONLY.

Last Agent to Sell the Property

Morton B Maizlish

Maizlish Realtors Inc. License #00842951 Listed on: 03/27/2012

Last Buyer's Agent

Rebecca Riskin

Village Properties License #00805720

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,167

Year Built

  • Built in 1909

Lot Details

  • 0.54 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Wooded Lot
  • Property is in average condition

Parking

  • Garage

Home Design

  • Craftsman Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,231 Sq Ft Home
  • 2-Story Property
  • Multiple Fireplaces
  • Living Room with Fireplace
  • Dining Area
  • Library
  • Sun or Florida Room
  • Mountain Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • 3 Full Bathrooms

Outdoor Features

  • Outdoor Pool
  • Deck
  • Patio

Schools

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

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 009-122-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,167

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Directions: OAK ROAD RUNS BETWEEN HOT SPRINGS & MESA ROADS.
  • Prop. Type: Residential
  • Year Built: 1909
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Common Area
  • ResoLotFeatures: Level
  • Co List Office Mls Id: mri
  • Co List Office Phone: 805-963-9555
  • Subdivision Name: Other
  • Architectural Style: Craftsman
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Average
  • Property Information Year Built2: 1909
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.54
  • 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 Within City Limits: No
  • Roof:Composition: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • View Setting2: Yes
  • Dining Dining Area2: Yes
  • Fireplace(s) LR: Yes
  • Construction Two Story2: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Property Information Apx Lot SqFt: 23522.0
  • GroundsLandscaping Wooded4: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • Fireplace(s):_two_3: Yes
  • GroundsLandscaping Deck3: Yes
  • Laundry Common Area2: Yes
  • Rooms LbryStudy: Yes
  • Condition Average2: Yes
  • Style Craftsman2: Yes
  • Assessor's Data Assessor Year Built: 1909.0
  • Assessor's Data Assessor Lot Acres: 0.54
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Primary Bedroom, 2, LR
  • Other Rooms:Sun Room2: Yes

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Setting
  • Construction Type: Wood Siding
  • Acres: 0.54
  • Topography: Level
  • Exterior Features: Pool, Deck, Patio Open, Wooded, Fenced: PRT
  • Foundation Details: Mixed

Garage/Parking

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

Utilities

  • Water Source: Mont Wtr

Schools

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

Lot Info

  • Parcel #: 009-122-017
  • Zoning: Other
  • Lot Size Sq Ft: 23522.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2013
Closed on
Jun 6, 2013
Sold by
Katsev Douglas Allen and Katsev Nina
Bought by
Meyer Andrew H and Meyer Kellen L
Seller's Agent
Robert Riskin
Village Properties
Buyer's Agent
Sheela Hunt
Village Properties
List Price
$2,695,000
Sold Price
$2,695,000
Current Estimated Value
$5,265,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,570,722
Avg. Annual Appreciation
6.11%
Original Mortgage
$2,600,000
Outstanding Balance
$1,852,982
Interest Rate
3.38%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,721,794

Purchase Details

Listed on
Mar 27, 2012
Closed on
May 3, 2012
Sold by
Schieferle Beth Katherine and Schieferle Tate Lloyd
Bought by
Katsev Douglas Allen and Katsev Nina
Seller's Agent
Morton B Maizlish
Maizlish Realtors Inc.
Buyer's Agent
Rebecca Riskin
Village Properties
List Price
$1,245,000
Sold Price
$1,245,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
100.52%
Original Mortgage
$850,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2004
Sold by
Schieferle James
Bought by
Schieferle Beth Katherine and Schieferle Tate Lloyd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2001
Sold by
Schieferle Harold L
Bought by
Schieferle Harold L

Purchase Details

Closed on
Apr 14, 1995
Sold by
Schieferle Teddy and Schieferle Isobel Osbourne
Bought by
Schieferle Harold L and Schieferle Teddy

Purchase Details

Closed on
Nov 4, 1994
Sold by
Schieferle Teddy and Schieferle Isobel Osbourne
Bought by
Schieferle Harold L and Schieferle Teddy
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 Type Sale Price Title Company
Grant Deed $2,695,000 Chicago Title Company
Grant Deed $1,245,000 Chicago Title Company
Interfamily Deed Transfer -- Stewart Title Of Ca Inc
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Chicago Title
Interfamily Deed Transfer -- Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,600,000 Purchase Money Mortgage
Previous Owner $300,000 Unknown
Previous Owner $850,000 Purchase Money Mortgage
Previous Owner $700,000 Negative Amortization
Previous Owner $500,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2013 06/19/13 Sold $2,695,000 0.0% $834 / Sq Ft
06/19/2013 06/19/13 Pending -- -- --
06/19/2013 06/19/13 For Sale $2,695,000 +116.5% $834 / Sq Ft
05/10/2012 05/10/12 Sold $1,245,000 0.0% $385 / Sq Ft
04/04/2012 04/04/12 Pending -- -- --
03/27/2012 03/27/12 For Sale $1,245,000 -- $385 / 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 $35,167 $3,318,690 $2,216,567 $1,102,123
2023 $35,167 $3,189,823 $2,130,496 $1,059,327
2022 $33,968 $3,127,278 $2,088,722 $1,038,556
2021 $33,277 $3,065,960 $2,047,767 $1,018,193
2020 $32,958 $3,034,523 $2,026,770 $1,007,753
2019 $32,240 $2,975,024 $1,987,030 $987,994
2018 $31,637 $2,916,691 $1,948,069 $968,622
2017 $31,025 $2,859,502 $1,909,872 $949,630
2016 $30,080 $2,803,434 $1,872,424 $931,010
2015 $29,507 $2,761,325 $1,844,299 $917,026
2014 $29,047 $2,707,235 $1,808,172 $899,063
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 12-996

Santa Barbara Multiple Listing Service

APN: 009-122-017