NOT LISTED FOR SALE

274 Middle Rd Santa Barbara, CA 93108

Estimated Value: $6,485,000 - $9,108,000

4 Beds
3.5 Baths
1,998 Sq Ft
$3,921/Sq Ft Est. Value

Last Sold May 09, 2023

Last sale price $8,300,000 $4,154 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $47,784/month

Highlights

  • Property is in excellent condition
  • Santa Barbara Senior High School Rated A-
  • Level Lot

About This Home

As of May 2023

[FOR STATISTICAL PURPOSES ONLY] Refined yet relaxed, this stunning property embodies a truly rare and noteworthy Montecito residence, showcasing a level of design and craftsmanship that puts it in a class all its own. Nearly every inch of this enchanting California compound has been artfully imagined and curated by renowned designer Jeffrey Alan Marks — creating an elegant oasis of comfort and privacy all within easy walking distance to the Lower Village. The light-filled 3-bedroom main home is immaculately appointed for residents and guests alike, each room offering its own masterclass in texture, lighting, and composition of space. The main level makes use of a 30-foot solid steel beam opening to a bespoke custom Plain English kitchen. A mudroom entry has been added off the kitchen, providing additional storage and a half bath featuring Jeffrey's signature De Gournay fish hand painted wallpaper. Mere steps from the kitchen is a serene outdoor patio and rustic stone fireplace, inviting harmonious enjoyment of both indoor and outdoor spaces.

Outside, the nearly half-acre parcel is replete with an enormous green lawn, flowering plants, assorted fruit trees, gleaming white picket fencing & privacy hedges, numerous sitting areas, and the cool shade of towering pines. Just beyond the main patio, a 2-story guest house offering an expansive upper level office or living area, a comfortable bedroom suite, and additional storage.

Last Agent to Sell the Property

Dusty Baker

Sotheby's International Realty License #01908615 / 02004391 Listed on: 05/09/2023

Last Buyer's Agent

Eric Haskell

The Agency License #01866805

The Agency

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1926

Lot Details

  • 0.4 Acre Lot
  • Level Lot
  • Property is in excellent condition

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Homes

  • Accessory Dwelling Unit (ADU)

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 009-122-010

Home Details

Home Type

Single Family

Year Built

Built in 1926

Lot Details

0.4 Acres

Listing Details

  • Prop. Type: Residential
  • Year Built: 1926
  • Reso Property Sub Type: Home/Estate
  • ResoLotFeatures: Level
  • New Construction: No
  • Reso Other Structures: ADU (Accessory Dwelling Unit)
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1926
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.4
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Other Buildings ADU (Accessory Dwelling Unit): Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Acres: 0.4
  • Topography: Level

Schools

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

Lot Info

  • Parcel #: 009-122-010
  • Zoning: Other
  • Lot Size Sq Ft: 17424.0
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2023
Closed on
May 4, 2023
Sold by
Gregory Marks Living Trust
Bought by
Max Weldon Lifetime Trust
Seller's Agent
Dusty Baker
Sotheby's International Realty
Buyer's Agent
Eric Haskell
The Agency
List Price
$8,300,000
Sold Price
$8,300,000
Current Estimated Value
$7,834,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$465,654
Avg. Annual Appreciation
-2.01%

Purchase Details

Listed on
Jun 19, 2019
Closed on
Aug 5, 2019
Sold by
Scibird Richard and Scibird Lisa
Bought by
Marks Gregory and The Gregory Marks Living Trust
Seller's Agent
Lisa Scibird
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Calcagno & Hamilton
Sotheby's International Realty
List Price
$3,695,000
Sold Price
$3,399,000
Premium/Discount to List
-$296,000
-8.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.88%
Original Mortgage
$1,800,000
Interest Rate
2.95%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 4, 2015
Closed on
Sep 30, 2015
Sold by
Zahm Steven C and Zahm Elisabeth R
Bought by
Scibird Richard and Scibird Lisa
Seller's Agent
Shandra Campbell
Village Properties
Buyer's Agent
Robert Riskin
Village Properties
List Price
$2,550,000
Sold Price
$2,550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.77%
Original Mortgage
$1,785,000
Interest Rate
2.95%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 16, 2001
Sold by
Arnold Wallis D and Arnold Kathleen
Bought by
Zahm Steven C and Zahm Elisabeth R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,357,000
Interest Rate
5.2%

Purchase Details

Closed on
Dec 4, 2000
Sold by
Davis Michael and Davis Paulette Sun
Bought by
Arnold Wallis D and Arnold Kathleen

Purchase Details

Closed on
Dec 17, 1999
Sold by
Arnold Wallis D and Arnold Kathleen
Bought by
Davis Michael and Davis Paulette Sun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$993,750
Interest Rate
3.45%

Purchase Details

Closed on
Oct 18, 1999
Sold by
Jacobs Gary & Elise Comm Ppty Jacobs Gary Cra
Bought by
Arnold Wallis D and Arnold Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$993,750
Interest Rate
3.45%

Purchase Details

Closed on
Mar 10, 1999
Sold by
Jacobs Gary Craig and Jacobs Elise
Bought by
Jacobs Gary Craig and Jacobs Elise

Purchase Details

Closed on
Dec 10, 1998
Sold by
Jacobs Gary Craig and Jacobs Elise
Bought by
Jacobs Gary Craig and Jacobs Elise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$703,500
Interest Rate
6.86%

Purchase Details

Closed on
May 2, 1998
Sold by
Jacobs Gary Craig and Jacobs Elise
Bought by
Jacobs Gary Craig and Jacobs Elise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$705,000
Interest Rate
7.05%

Purchase Details

Closed on
May 1, 1998
Sold by
Jacobs Gary Craig and Jacobs Elise
Bought by
Jacobs Gary Craig and Jacobs Elise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$705,000
Interest Rate
7.05%

Purchase Details

Closed on
Jul 19, 1996
Sold by
Jacobs Gary and Jacobs Elise
Bought by
Jacobs Gary Craig and Jacobs Elise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$716,000
Interest Rate
7.62%

Purchase Details

Closed on
May 24, 1996
Sold by
Roche Kathleen Driscoll
Bought by
Jacobs Gary and Jacobs Elise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$716,000
Interest Rate
7.62%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Max Weldon Lifetime Trust $8,300,000 Chicago Title Company
Marks Gregory $3,399,000 Fidelity National Title Co
Scibird Richard $2,550,000 Fidelity National Title Co
Zahm Steven C -- Chicago Title Co
Arnold Wallis D -- Chicago Title
Arnold Wallis D -- Chicago Title
Davis Michael -- Chicago Title
Arnold Wallis D -- Chicago Title Co
Jacobs Gary Craig -- --
Jacobs Gary Craig -- Equity Title Company
Jacobs Gary Craig -- --
Jacobs Gary Craig -- First American Title
Jacobs Gary Craig -- --
Jacobs Gary -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marks Gregory $1,800,000
Previous Owner Scibird Richard $1,785,000
Previous Owner Zahm Steven C $1,357,000
Previous Owner Arnold Wallis D $993,750
Previous Owner Jacobs Gary Craig $703,500
Previous Owner Jacobs Gary Craig $705,000
Previous Owner Jacobs Gary $716,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/09/2023 05/09/23 Sold $8,300,000 0.0% $4,154 / Sq Ft
05/09/2023 05/09/23 Pending -- -- --
05/09/2023 05/09/23 For Sale $8,300,000 +144.2% $4,154 / Sq Ft
08/08/2019 08/08/19 Sold $3,399,000 -8.0% $1,670 / Sq Ft View Prior Sale
06/26/2019 06/26/19 Pending -- -- --
06/19/2019 06/19/19 For Sale $3,695,000 +44.9% $1,816 / Sq Ft
10/07/2015 10/07/15 Sold $2,550,000 0.0% $1,159 / Sq Ft View Prior Sale
09/07/2015 09/07/15 Pending -- -- --
09/04/2015 09/04/15 For Sale $2,550,000 -- $1,159 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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 $89,582 $8,635,320 $2,601,000 $6,034,320
2023 $89,582 $3,676,994 $1,792,205 $1,884,789
2022 $39,498 $3,604,897 $1,757,064 $1,847,833
2021 $38,237 $3,489,213 $1,717,612 $1,771,601
2020 $37,314 $3,399,000 $1,700,000 $1,699,000
2019 $29,392 $2,706,080 $1,857,114 $848,966
2018 $28,844 $2,653,020 $1,820,700 $832,320
2017 $28,278 $2,601,000 $1,785,000 $816,000
2016 $27,414 $2,550,000 $1,750,000 $800,000
2015 $24,770 $2,299,404 $1,736,482 $562,922
2014 $24,387 $2,254,363 $1,702,467 $551,896
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-1262

Santa Barbara Multiple Listing Service

APN: 009-122-010

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