NOT LISTED FOR SALE

2803 E Valley Rd Santa Barbara, CA 93108

Estimated Value: $3,381,000 - $4,032,010

3 Beds
3 Baths
2,382 Sq Ft
$1,539/Sq Ft Est. Value

Last Sold January 12, 2012

Last sale price $1,500,000 $630 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $20,978/month

4 Days on Market

Highlights

  • Ocean View
  • Updated Kitchen
  • Cape Cod Architecture
  • Art Studio
  • 2.51 Acre Lot
  • Fireplace in Primary Bedroom

About This Home

As of January 2012

This stunning 3-bed, 3-bath Montecito retreat has been recently renovated throughout & offers panoramic ocean & mountain views set on a peaceful 2.5 acres. Amenities incl. distressed maple floors, custom kitchen & baths w/ granite counters, two FP's, new Anderson windows, new int./ext. paint, & a bonus artist studio w/ great views. Sold for $2.2m in '05 prior to remodel so priced to sell quickly!

Last Agent to Sell the Property

Daniel Zia

Berkshire Hathaway HomeServices California Properties Listed on: 12/14/2011

Co-Listed By

Larry Krogh

LIV Sotheby's International Realty License #01305510

Last Buyer's Agent

Calcagno & Hamilton

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1931

Lot Details

  • 2.51 Acre Lot
  • Rural Setting
  • Steep Slope
  • Hilly Lot
  • Mountainous Lot
  • Wooded Lot
  • Property is in excellent condition
  • Property is zoned E-1

Property Views

  • Ocean
  • Harbor
  • Panoramic
  • City
  • Woods
  • Mountain

Home Design

  • Cape Cod Architecture
  • Colonial Architecture
  • Craftsman Architecture
  • Cottage
  • Composition Roof
  • Wood Shingle Exterior

Interior Spaces

  • 2,382 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Multiple Fireplaces
  • Double Pane Windows
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Home Office
  • Art Studio
  • Home Gym
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom
  • 3 Full Bathrooms

Parking

  • Detached Garage
  • Uncovered Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Summerland Elementary School
  • Carp. Jr. Middle School
  • Carp. Sr. High School

Horse Facilities and Amenities

  • Groom or Foreman Quarters

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Septic System

Listing and Financial Details

  • Exclusions: Potted Plants
  • Assessor Parcel Number 005-040-036

Home Details

Home Type

Single Family

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Directions: East valley Rd south towards Summerland. Just after Freehaven and across from Ladera street you will see a wooded private driveway. Follow that up and the house is on the left (only 2 share lane)
  • Prop. Type: Residential
  • Year Built: 1931
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Steep Slope, Mountain, Sloped Down, Rural
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: gpp
  • Co List Office Phone: 800-641-0125
  • Subdivision Name: Other
  • Architectural Style: Cal Cottage, Colonial, Cape Cod, Craftsman
  • Reso Flooring: Wood, Hardwood, Stone, Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Employee Quarters
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1931
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 2.51
  • NeighborhoodSchools Elementary School: Summerland
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • LocationTopo Hilly2: Yes
  • LocationTopo Mountain3: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Style Cal Cottage: Yes
  • Roof:Composition: Yes
  • ParkingGarage Unc #4: Yes
  • GroundsLandscaping Patio Open2: Yes
  • View Setting2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Gas Stove3: Yes
  • Fireplace(s) LR: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Construction Two Story2: Yes
  • View Wooded3: Yes
  • Rooms Art Studio2: Yes
  • Rooms Exercise Room2: Yes
  • Rooms Office3: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • FlrWdw Coverings Stone2: Yes
  • GroundsLandscaping Wooded4: Yes
  • Fireplace(s):_two_3: Yes
  • WaterSewer Septic In: Yes
  • GroundsLandscaping Deck3: Yes
  • Other Buildings Employee Quarters2: Yes
  • ViewOcean: Yes
  • ParkingGarage Detached: Yes
  • ParkingGarage Gar #12: Yes
  • LocationTopo Downslope2: Yes
  • FlrWdw Coverings Wood2: Yes
  • Pets Yes: Yes
  • View Harbor2: Yes
  • View City4: Yes
  • LocationTopo Steep2: Yes
  • ParkingGarage Unc #33: Yes
  • Dining In Living Room2: Yes
  • LocationTopo Rural2: Yes
  • Style Craftsman2: Yes
  • Exterior Wood Shingles: Yes
  • Assessor's Data Assessor Year Built: 1931.0
  • Assessor's Data Assessor Lot Acres: 2.5
  • Style Cape Cod2: Yes
  • Style Colonial2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Gas Stove
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Primary Bedroom, 2, LR
  • Total Bedrooms: 8

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Ocean, City, Setting, Harbor, Wooded, Panoramic
  • Construction Type: Wood Shingles
  • Acres: 2.51
  • Topography: Rural, Downslope, Mountain, Steep, Hilly
  • Exclusions: Potted Plants
  • Exterior Features: Deck, Patio Open, Wooded
  • Foundation Details: Mixed

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #1, Unc #3, Unc #4, Detached

Utilities

  • Cooling: Other
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

  • Elementary School: Summerland
  • High School: Carp. Sr.
  • Middle Or Junior School: Carp. Jr.

Lot Info

  • Parcel #: 005-040-036
  • Zoning: E-1
  • Lot Size Sq Ft: 109335.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2018
Sold by
Partners Iv West Coast
Bought by
Beard David
Current Estimated Value
$3,666,253

Purchase Details

Listed on
Dec 14, 2011
Closed on
Dec 23, 2011
Sold by
Alta Community Investment Iii
Bought by
West Coast Partners Vi
Seller's Agent
Daniel Zia
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Calcagno & Hamilton
Sotheby's International Realty
List Price
$1,495,000
Sold Price
$1,500,000
Premium/Discount to List
$5,000
0.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.61%

Purchase Details

Closed on
Sep 30, 2011
Sold by
Kaufman Todd
Bought by
Alta Community Investment Iii Llc

Purchase Details

Closed on
Sep 1, 2011
Sold by
Jpmorgan Chase Bank National Association
Bought by
Kaufman Todd

Purchase Details

Closed on
Jul 18, 2011
Sold by
Sysel L Douglas
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Apr 12, 2005
Sold by
Sysel Carol Mellen
Bought by
Sysel L Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,091,000
Interest Rate
5.92%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 7, 2005
Sold by
Nshe Irvington Llc
Bought by
Sysel L Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,091,000
Interest Rate
5.92%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 4, 2005
Sold by
Dubail Barbara
Bought by
Dubail Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,420,000
Interest Rate
5.81%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 3, 2005
Sold by
Dubail Barbara
Bought by
Nshe Irvington Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,420,000
Interest Rate
5.81%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 1, 2004
Sold by
Dubail Barbara
Bought by
Dubail Barbara
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
Beard David $1,840,000 Fidelity National Title Co
West Coast Partners Vi $1,500,000 Lawyers Title Vn
Alta Community Investment Iii Llc -- None Available
Kaufman Todd $1,106,000 First American Title
Jpmorgan Chase Bank National Association $1,214,996 Accommodation
Sysel L Douglas -- Equity Title Company Santa B
Sysel L Douglas -- Equity Title Company Santa B
Dubail Barbara -- Equity Title Company Santa B
Nshe Irvington Llc -- Equity Title Company Santa B
Dubail Barbara -- Equity Title Company Santa B
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sysel L Douglas $1,091,000
Previous Owner Nshe Irvington Llc $1,420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2012 01/12/12 Sold $1,500,000 +0.3% $630 / Sq Ft
12/17/2011 12/17/11 Pending -- -- --
12/13/2011 12/13/11 For Sale $1,495,000 -- $628 / 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 $21,225 $2,052,549 $1,227,068 $825,481
2023 $21,225 $1,972,848 $1,179,420 $793,428
2022 $20,507 $1,934,166 $1,156,295 $777,871
2021 $20,077 $1,896,242 $1,133,623 $762,619
2020 $19,879 $1,876,800 $1,122,000 $754,800
2019 $19,491 $1,840,000 $1,100,000 $740,000
2018 $17,623 $1,655,855 $1,103,904 $551,951
2017 $17,320 $1,623,388 $1,082,259 $541,129
2016 $17,022 $1,591,558 $1,061,039 $530,519
2014 $15,830 $1,536,945 $1,024,630 $512,315
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Daniel Zia

    Berkshire Hathaway HomeServices California Properties

  • Larry Krogh

    Seller Co-Listing Agent in 2012

    Larry Krogh

    LIV Sotheby's International Realty

    (805) 889-6888

    132 Total Sales

    Larry Krogh
    Section Image

  • C

    Buyer's Agent in 2012

    Calcagno & Hamilton

    Sotheby's International Realty

  • M

    Buyer's Agent in 2012

    Michael Calcagno

    Berkshire Hathaway HomeServices California Properties

    (805) 896-0876

    4 in this area

    303 Total Sales

    Michael Calcagno
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 11-4058

Santa Barbara Multiple Listing Service

APN: 005-040-036

California Santa Barbara County Santa Barbara 93108

2803 E Valley Rd, Santa Barbara, CA

Not Listed for Sale

Detached

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