Maurie McGuire
Sotheby's International Realty
(805) 617-1644
22 Total Sales
5 in Montecito
$3.5M - $8.5M Price Range
2838 E Valley Rd Montecito, CA 93108
Montecito AreaEstimated Value: $8,718,127
3
Beds
5
Baths
5,743
Sq Ft
$1,518/Sq Ft
Est. Value
Highlights
- Additional Residence on Property
- Pool House
- Guest Quarters
- Ocean View
- 1.71 Acre Lot
- Fireplace in Primary Bedroom
About This Home
As of December 2020Discreetly sited down a quiet lane & overlooking the Pacific, a surprise awaits. Echoing visions of the French & Italian countrysides, this romantic estate is exquisitely designed w/ beautiful proportions & timeless details. Planned as a petite estate for modern living, the property unfolds past a gated entry & stunning gardens to reveal 3 distinct buildings. The south facing main house is poised @ the top of the property & offers 3BD suites w/a private elevator to escort you to the master suite. All opening to the outdoors, these rooms take advantage of the property's south-facing orientation, w/ the infinity pool/spa & patios all designed to enjoy sunrises & sunsets over the ocean year round. A home built w/ passion & lived in w/ love for many years, is ready for its next chapter
Last Agent to Sell the Property
Sotheby's International Realty License #01209514 Listed on: 10/19/2020
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Home Details
Home Type
- Single Family
Year Built
- Built in 2002
Lot Details
- 1.71 Acre Lot
- Gated Home
- Wooded Lot
- Lawn
- Drought Tolerant Landscaping
- Property is in excellent condition
- Property is zoned E-1
Parking
- Direct Access Garage
Property Views
- Ocean
- Mountain
Home Design
- Mediterranean Architecture
- Tile Roof
Interior Spaces
- 5,743 Sq Ft Home
- 2-Story Property
- Wet Bar
- Central Vacuum
- Family Room with Fireplace
- Living Room with Fireplace
- Dining Room with Fireplace
- Formal Dining Room
- Home Office
- Home Gym
Kitchen
- Breakfast Area or Nook
- Gas Range
- Microwave
- Dishwasher
Flooring
- Wood
- Radiant Floor
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- Fireplace in Primary Bedroom
- Guest Quarters
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- Pool House
- Spa
Schools
- Summerland Elementary School
- Carp. Jr. Middle School
- Carp. Sr. High School
Utilities
- Cooling Available
- Heating Available
- Septic System
Additional Features
- Open Patio
- Additional Residence on Property
Listing and Financial Details
- Assessor Parcel Number 155-120-050
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 19, 2020
Closed on
Dec 23, 2020
Sold by
Bought by
Seller's Agent
Nancy Kogevinas
Sotheby's International Realty
Buyer's Agent
Erin Chadwick
Compass
List Price
$6,950,000
Sold Price
$6,000,000
Premium/Discount to List
-$950,000
-13.67%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,718,127
Avg. Annual Appreciation
6.86%
Purchase Details
Closed on
Oct 10, 2012
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,175,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 18, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,096,500
Interest Rate
1.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 11, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,999,999
Interest Rate
2%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Dec 20, 2000
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
7.71%
Mortgage Type
Construction
Purchase Details
Closed on
Jun 23, 1998
Sold by
Bought by
Purchase Details
Closed on
Oct 3, 1996
Sold by
Bought by
Purchase Details
Closed on
Sep 11, 1996
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Montecito, CA
-
Maurie McGuire
-
Susan Pate
Susan Pate
Compass
(805) 617-1044
10 Total Sales
1 in Montecito
$3,460,000 Price
-
Janice Laney
Janice Laney
Responds QuicklyKeller Williams Santa Barbara
(805) 865-7385
31 Total Sales
4 in Montecito
$1.4M - $4.7M Price Range
-
Tiffany Dore
Tiffany Dore
Village Properties
(805) 324-6641
23 Total Sales
2 in Montecito
$8.9M - $25.1M Price Range
-
Colleen Beall
Colleen Beall
Compass
(805) 243-1083
31 Total Sales
1 in Montecito
$1,900,000 Price
-
Tamra Van Order
Tamra Van Order
Responds QuicklyKeller Williams Realty Santa Barbara
(805) 308-6428
33 Total Sales
1 in Montecito
$5,400,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $6,000,000 | Chicago Title Company | ||
| -- | Chicago Title Company | ||
| -- | Southland Title | ||
| -- | Southland Title | ||
| -- | Commonwealth Land Title Co | ||
| -- | Commonwealth Land Title Co | ||
| -- | Fidelity National Title Co | ||
| -- | First American Title | ||
| -- | First American Title | ||
| -- | First American Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $500,000 | ||
| Previous Owner | $500,000 | ||
| Previous Owner | $2,175,000 | ||
| Previous Owner | $2,096,500 | ||
| Previous Owner | $1,999,999 | ||
| Previous Owner | $1,750,000 | ||
| Previous Owner | $1,750,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/29/2020 12/29/20 | Sold | $6,000,000 | -13.7% | $1,045 / Sq Ft |
| 12/04/2020 12/04/20 | Pending | -- | -- | -- |
| 06/24/2020 06/24/20 | For Sale | $6,950,000 | -- | $1,210 / Sq Ft |
Source: Santa Barbara Multiple Listing Service
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $63,795 | $6,195,040 | $2,174,883 | $4,020,157 |
| 2025 | $62,549 | $6,068,668 | $2,132,239 | $3,936,429 |
| 2023 | $62,549 | $5,833,017 | $2,049,443 | $3,783,574 |
| 2022 | $60,990 | $5,759,445 | $2,009,258 | $3,750,187 |
| 2021 | $63,510 | $6,000,000 | $2,000,000 | $4,000,000 |
| 2020 | $30,494 | $2,865,066 | $719,669 | $2,145,397 |
| 2019 | $29,570 | $2,808,889 | $705,558 | $2,103,331 |
| 2018 | $29,105 | $2,753,814 | $691,724 | $2,062,090 |
| 2017 | $28,602 | $2,699,818 | $678,161 | $2,021,657 |
| 2016 | $28,108 | $2,646,881 | $664,864 | $1,982,017 |
| 2015 | $27,794 | $2,607,124 | $654,878 | $1,952,246 |
| 2014 | -- | $2,556,055 | $642,050 | $1,914,005 |
Source: Public Records
Agents Affiliated with this Home
-
Nancy Kogevinas
Seller's Agent in 2020
Nancy Kogevinas
Sotheby's International Realty
(805) 895-7706
178 Total Sales
-
Erin Chadwick
Buyer's Agent in 2020
Erin Chadwick
Compass
(909) 273-4887
50 Total Sales
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 20-2347
APN: 155-120-050
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
This information is being provided for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that you may be interested in purchasing. Data relating to real estate for sale on this Website comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. All information is deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither the Santa Barbara Multiple Listing Service nor the listing broker(s) shall be responsible for any typographical errors, misinformation, or misprints.
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