NOT LISTED FOR SALE

2815 E Valley Rd Santa Barbara, CA 93108

Estimated Value: $5,778,000 - $7,434,000

6 Beds
6.5 Baths
4,757 Sq Ft
$1,334/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $4,150,000 $872 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $38,189/month

125 Days on Market

Highlights

  • Additional Residence on Property
  • Estate
  • 0.95 Acre Lot
  • Spa
  • View of Trees or Woods
  • Contemporary Architecture

About This Home

As of November 2021

A bold & refined Montecito hideaway, blending the beauty of nature w everyday living! Tucked down a gated driveway, framed by mature oaks & stone accents, you are welcomed to nearly 1AC of lush grounds emphasizing tranquility, convenience & luxury. Evoking a sense of calm, the 4bd/ 4.5ba main house was custom built w rich Brazilian wood, beamed ceilings & walls of glass, encouraging a seamless communication between the interior & exterior. Spacious living spaces flow into expansive entertaining decks & cultivate a sleek & modern lifestyle. With endless possibilities, the property also offers a 2bd GH w a LR & kitchen. The residence evolves from the surroundings, drawing you outdoors & embracing the natural beauty of the site. Subtle yet dramatic - a real Montecito retreat.

Last Agent to Sell the Property

Patrice Serrani

Compass License #01764713 Listed on: 08/25/2021

Compass

Co-Listed By

Nancy Kogevinas

Berkshire Hathaway HomeServices California Properties License #01209514

Last Buyer's Agent

The Easter Team

Berkshire Hathaway HomeServices California Properties License #00917775

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,406

Year Built

  • Built in 1960

Lot Details

  • 0.95 Acre Lot
  • Gated Home
  • Level Lot
  • Wooded Lot
  • Property is in excellent condition
  • Property is zoned E-1

Property Views

  • Woods
  • Mountain

Home Design

  • Estate
  • Contemporary Architecture
  • Raised Foundation
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 4,757 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Home Office
  • Library
  • Breakfast Bar
  • Laundry Room

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Spa
  • Covered Patio or Porch

Additional Homes

  • Additional Residence on Property

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Radiant Heating System
  • Septic System

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 005-040-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,406

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1960
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level
  • ResoSecurityFeatures: Gate:Elec
  • Co List Office Mls Id: BERKSHIRE3
  • Co List Office Phone: 805-969-5026
  • Architectural Style: Other, Contemporary, Estate
  • Reso Flooring: Wood, Hardwood, Stone
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Second Residence
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1960
  • Property Information Total #Units: 2
  • Property Information Apx # Acres: 0.95
  • NeighborhoodSchools Elementary School: Summerland
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior Wood Siding: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • View Setting2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Breakfast Bar2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Fireplace(s) LR: Yes
  • Security GateElec: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Cooling Central Air: Yes
  • Property Information Main House SqFt: 4757.0
  • Style Estate2: Yes
  • Construction Two Story2: Yes
  • View Wooded3: Yes
  • Rooms Office3: Yes
  • Dining In Kitchen4: Yes
  • Amenities Guest House2: Yes
  • FlrWdw Coverings Stone2: Yes
  • Style:Contemporary2: Yes
  • GroundsLandscaping Wooded4: Yes
  • WaterSewer Septic In: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • Other Buildings Second Residence2: Yes
  • Amenities Second Residence: Yes
  • FlrWdw Coverings Wood2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Foundation Raised: Yes
  • Rooms LbryStudy: Yes
  • Fireplace(s) 24: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Living Room, Other

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Setting, Wooded
  • Construction Type: Wood Siding, Stucco
  • Acres: 0.95
  • Topography: Level
  • Exterior Features: Patio Open, Patio Covered, SPA-Outside, Wooded, Fenced: ALL
  • Foundation Details: Slab, Raised, Mixed

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Radiant
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 005-040-001
  • Zoning: E-1
  • Lot Size Sq Ft: 41382.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2022
Sold by
Mikaela Kerril Puth Living Trust
Bought by
Ridge Road Trust
Current Estimated Value
$6,283,967

Purchase Details

Listed on
Aug 25, 2021
Closed on
Oct 11, 2021
Sold by
Adizes Topaz Shiomo and Adizes 2012 Legacy Trust
Bought by
Puth Mikaela Kerril and Mikaela Kerril Puth Living Tru
Seller's Agent
Patrice Serrani
Compass
Buyer's Agent
The Easter Team
Berkshire Hathaway HomeServices California Properties
List Price
$4,895,000
Sold Price
$4,150,000
Premium/Discount to List
-$745,000
-15.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.89%
Original Mortgage
$2,490,000
Interest Rate
2.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2014
Sold by
Adizes Ichak
Bought by
Lemons Paula Gray

Purchase Details

Closed on
Dec 4, 2013
Sold by
Adizes Ichak and Adizes Nurith
Bought by
Adizes Ichak

Purchase Details

Closed on
Jun 15, 2007
Sold by
Sapphire Land & Development Llc
Bought by
Adizes Ichak and Adizes Nurith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 14, 2002
Sold by
Adizes Ichak and Adizes Nurith
Bought by
Sapphire Land & Development Llc

Purchase Details

Closed on
Dec 9, 1998
Sold by
Adizes Ichak
Bought by
Adizes Ichak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Interest Rate
6.75%

Purchase Details

Closed on
Nov 23, 1998
Sold by
Adizes Nurith
Bought by
Adizes Ichak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Interest Rate
6.75%

Purchase Details

Closed on
Nov 18, 1998
Sold by
Mary Henson
Bought by
Adizes Ichak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Interest Rate
6.75%
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
Ridge Road Trust -- None Listed On Document
Puth Mikaela Kerril $4,150,000 Chicago Title Company
Lemons Paula Gray -- None Available
Adizes Ichak -- None Available
Adizes Ichak -- Lawyers Title Company
Sapphire Land & Development Llc -- --
Adizes Ichak -- --
Adizes Ichak -- Stewart Title
Adizes Ichak -- Stewart Title
Adizes Ichak $685,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Puth Mikaela Kerril $2,490,000
Previous Owner Adizes Ichak $2,000,000
Previous Owner Adizes Ichak $650,000
Previous Owner Adizes Ichak $548,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2021 11/12/21 Sold $4,150,000 -15.2% $872 / Sq Ft
10/10/2021 10/10/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $4,895,000 0.0% $1,029 / Sq Ft
05/26/2020 05/26/20 Rented -- -- --
04/26/2020 04/26/20 Under Contract -- -- --
04/16/2020 04/16/20 For Rent $13,000 -- --
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 $45,406 $4,404,012 $2,440,778 $1,963,234
2023 $45,406 $4,233,000 $2,346,000 $1,887,000
2022 $43,941 $4,150,000 $2,300,000 $1,850,000
2021 $26,417 $2,488,550 $1,215,769 $1,272,781
2020 $26,157 $2,463,034 $1,203,303 $1,259,731
2019 $25,465 $2,414,740 $1,179,709 $1,235,031
2018 $25,065 $2,367,393 $1,156,578 $1,210,815
2017 $24,633 $2,320,974 $1,133,900 $1,187,074
2016 $24,208 $2,275,466 $1,111,667 $1,163,799
2015 $23,938 $2,241,287 $1,094,969 $1,146,318
2014 -- $1,703,184 $703,224 $999,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 21-2051

Santa Barbara Multiple Listing Service

APN: 005-040-001