NOT LISTED FOR SALE

274 Hot Springs Rd Santa Barbara, CA 93108

Estimated Value: $3,579,000 - $4,300,000

4 Beds
3 Baths
2,249 Sq Ft
$1,795/Sq Ft Est. Value

Last Sold January 08, 2019

Last sale price $1,827,500 $813 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $23,204/month

25 Days on Market

Highlights

  • Updated Kitchen
  • Mountain View
  • Property is near a park
  • Santa Barbara Senior High School Rated A-
  • Deck
  • Cathedral Ceiling

About This Home

As of January 2019

Lovingly maintained, owned and cared for by the family that built it 70 years ago. Dual living: front home has LR, three bedrooms, two baths, kitchen, large glassed-in solarium. Rear unit has separate entrance, LR with ceiling fan and remote start gas or wood fp; kitchenette, bathroom, bedroom. Three garages, two double carports, lockable 1200 sf storage room, fenced patio, and attractive easy care walled front yard. Great opportunity for expanding main home, or using rear unit as guest quarters, or dual-living in-law style, in a perfect location close to Montecito Village shops and restaurants, a short distance to the beach, and away from the flood zone.

Last Agent to Sell the Property

Gary Goldberg

Coastal Properties License #01172139 Listed on: 08/30/2018

Last Buyer's Agent

Betty Jeppesen

Sun Coast Real Estate License #01247995

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,869

Year Built

  • Built in 1945

Lot Details

  • Fenced
  • Level Lot
  • Property is in good condition

Home Design

  • Cottage
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,249 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Dining Area
  • Mountain Views

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Carport

Accessible Home Design

  • Stepless Entry

Outdoor Features

  • Deck
  • Covered patio or porch
  • Shed

Location

  • Property is near a park
  • 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

  • Forced Air Heating System
  • Floor Furnace

Community Details

  • Montecito Land Co Community

Listing and Financial Details

  • Exclusions: Other
  • Assessor Parcel Number 009-130-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,869

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1945
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level, Near Public Transit
  • Architectural Style: Cal Cottage
  • Carport Y N: Yes
  • Reso Flooring: Carpet, Vinyl
  • Garage Yn: Yes
  • Unit Levels: Entry Lvl(No Stairs), Single Story
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Reso Property Condition: Good
  • Property Information Year Built2: 1945
  • Property Information Total #Units: 1
  • 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
  • Style Cal Cottage: Yes
  • Construction Entry Lvl(No Stairs)2: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior Wood Siding: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • ParkingGarage Gar #33: Yes
  • Proximity Near Shopping2: Yes
  • Dining Breakfast Area2: Yes
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • Location Info Development Name: Montecito Land Co
  • GroundsLandscaping Deck3: Yes
  • Other Buildings Shed: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • FlrWdw Coverings VinylLinoleum2: Yes
  • ParkingGarage Cpt #33: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Dishwasher, Dryer, Gas Stove, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: LR

Exterior Features

  • Roof: Composition
  • View: Mountain(s)
  • Construction Type: Wood Siding, Stucco
  • Topography: Level
  • Exclusions: Other
  • Exterior Features: Deck, Patio Open, Patio Covered, Fenced: ALL
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #3, Cpt #3

Utilities

  • Heating: Floor Furnace, Forced Air
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes
  • Heating:Floor Furnace: 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 #: 009-130-005
  • Zoning: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2019
Sold by
Freeman Geraldine L
Bought by
Freeman Geraldine L and Geraldine L Freeman Trust
Current Estimated Value
$3,889,967

Purchase Details

Closed on
Oct 1, 2018
Sold by
Vacin Carol Lynn and The Richard And Elizabeth R He
Bought by
Freeman Geraldine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 2018
Sold by
Vacin Edward and Vacin Carol Lynn
Bought by
Vacin Carol Lynn and The Richard & Elizabeth R Hees

Purchase Details

Closed on
Jul 7, 2015
Sold by
Vacin Carol Lynn
Bought by
Vacin Edward and Vacin Carol Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,750
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2014
Sold by
Vacin Edward and Vacin Carol Lynn
Bought by
Vacin Carol Lynn

Purchase Details

Closed on
Sep 11, 2013
Sold by
Vacin Carol Lynn
Bought by
Vacin Edward and Vacin Carol Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2010
Sold by
Vacin Edward M and Vacin Carol L
Bought by
Vacin Carol Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2010
Sold by
Vacin Edward and Vacin Carol
Bought by
Vacin Carol Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,500
Interest Rate
4.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2001
Sold by
Heess Richard E and Heess Elizabeth R
Bought by
Vacin Carol Lynn
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
Freeman Geraldine L -- None Available
Freeman Geraldine L $1,828,000 First American Title Co
Vacin Carol Lynn -- None Available
Vacin Edward -- None Available
Vacin Carol Lynn -- None Available
Vacin Edward -- None Available
Vacin Carol Lynn -- Fidelity Natl Title Co Of Ca
Vacin Edward M -- Fidelity Natl Title Co Of Ca
Vacin Carol Lynn -- Old Republic Title Company
Vacin Edward -- Old Republic Title Company
Vacin Carol Lynn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Freeman Geraldine L $1,000,000
Previous Owner Vacin Edward $409,750
Previous Owner Vacin Edward $417,000
Previous Owner Vacin Edward M $395,000
Previous Owner Vacin Edward $267,500
Previous Owner Vacin Carol Lynn $200,000
Previous Owner Vacin Carol Lynn $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2019 01/08/19 Sold $1,827,500 0.0% $813 / Sq Ft
09/24/2018 09/24/18 Pending -- -- --
08/30/2018 08/30/18 For Sale $1,827,750 -- $813 / 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 $22,869 $2,043,985 $1,450,172 $593,813
2023 $22,869 $1,959,714 $1,393,861 $565,853
2022 $22,073 $1,921,289 $1,366,531 $554,758
2021 $21,647 $1,883,618 $1,339,737 $543,881
2020 $21,451 $1,864,305 $1,326,000 $538,305
2019 $3,605 $131,824 $41,734 $90,090
2018 $2,881 $129,240 $40,916 $88,324
2017 $2,758 $126,707 $40,114 $86,593
2016 $2,662 $124,224 $39,328 $84,896
2014 -- $119,963 $37,980 $81,983
Source: Public Records

Agents Affiliated with this Home

  • Gary Goldberg

    Seller's Agent in 2019

    Gary Goldberg

    Coastal Properties

    (805) 455-8910

    13 in this area

    112 Total Sales

    Section Image

  • B

    Buyer's Agent in 2019

    Betty Jeppesen

    Sun Coast Real Estate

    (805) 450-1789

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 18-3204

Santa Barbara Multiple Listing Service

APN: 009-130-005

California Santa Barbara County Santa Barbara 93108

274 Hot Springs Rd, Santa Barbara, CA

This home is located at 274 Hot Springs Rd, Santa Barbara, CA 93108 since 30 August 2018 and is currently estimated at $4,037,788, approximately $1,795 per square foot. This property was built in 1945. 274 Hot Springs Rd is a home located in Santa Barbara County with nearby schools including Santa Barbara Junior High School, Santa Barbara Senior High School, and Adelante Charter School.

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