NOT LISTED FOR SALE

Estimated Value: $1,140,000 - $77,085,016

6 Beds
8 Baths
8,029 Sq Ft
$4,871/Sq Ft Est. Value

Sale Details

Date Sold: March 23, 2012

Last sale price $16,500,000 $2,055 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $250,831 / mo

236 Days on Market

Highlights

  • Ocean View
  • Estate
  • Reverse Osmosis System
  • Pool
  • Updated Kitchen
  • 13 Acre Lot

About This Home

As of March 2012

Saladino Villa restored in 2001-2004. Built in the 20's - one of Montecito's classic homes. Offers 6 bed, 6 bath, very private.

Last Agent to Sell the Property

Mitchell Morehart

Village Properties Listed on: 06/02/2011

Co-Listed By

Susan Burns

Coldwell Banker Realty License #00878065

Last Buyer's Agent

Rebecca Riskin

Village Properties License #00805720

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • 13 Acre Lot
  • Gated Home
  • Partially Fenced Property
  • Level Lot
  • Irrigation
  • Fruit Trees
  • Wooded Lot
  • Property is in excellent condition
  • Property is zoned CLA

Property Views

  • Ocean
  • Harbor
  • City
  • Woods
  • Mountain

Home Design

  • Estate
  • Mediterranean Architecture
  • Tri-Level Property
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • Wet Bar
  • Multiple Fireplaces
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Formal Dining Room
  • Library
  • Stone Flooring
  • Home Security System
  • Basement

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Double Oven
  • Gas Range
  • Dishwasher
  • Disposal
  • Reverse Osmosis System

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Uncovered Parking

Pool

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Water Softener is Owned
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 155-080-053

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

13 Acres

Listing Details

  • Directions: East Valley to Ladera, Ladera to Hidden Valley, Right.
  • Prop. Type: Residential
  • Year Built: 1928
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level
  • ResoSecurityFeatures: Gate:Elec, Security Camera, Security System
  • Co List Office Mls Id: cb01
  • Co List Office Phone: 805-969-4755
  • Subdivision Name: Other
  • Architectural Style: Medit, Estate
  • Reso Flooring: Stone
  • Garage Yn: Yes
  • Unit Levels: Tri-Level
  • New Construction: No
  • Reso Other Structures: Work Shop
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1928
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 13.0
  • 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 Within City Limits: No
  • Condition Excellent: Yes
  • Foundation:Slab: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • Style Estate2: Yes
  • View Wooded3: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Amenities Wet Bar2: Yes
  • Appliances Included Rev Osmosis2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Dining Room2: Yes
  • Fireplace(s) Gas8: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Security Security Camera2: Yes
  • FlrWdw Coverings Stone2: Yes
  • GroundsLandscaping Wooded4: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • Other Buildings Work Shop2: Yes
  • WaterSewer Septic In: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • ViewOcean: Yes
  • Site Improvements Cable TV3: Yes
  • Appliances Included Wtr SoftenerOwned: Yes
  • Style Medit2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • View Harbor2: Yes
  • Rooms LbryStudy: Yes
  • View City4: Yes
  • ParkingGarage Unc #33: Yes
  • Construction Tri-Level2: Yes
  • Assessor's Data Assessor Year Built: 1934.0
  • Assessor's Data Assessor Lot Acres: 9.9
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Dishwasher, Disposal, Double Oven, Dryer, Rev Osmosis, Washer, Wtr Softener/Owned
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: Primary Bedroom, Dining Room, 2+, Gas, LR
  • Bedrooms Basement: Yes
  • Appliances Included:Double Oven2: Yes

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Ocean, City, Setting, Harbor, Wooded
  • Construction Type: Other
  • Acres: 13.0
  • Topography: Level
  • Exterior Features: Pool, Patio Open, Patio Covered, Fruit Trees, Wooded, Yard Irrigation PRT, Fenced: PRT
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2, Unc #3

Utilities

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

Schools

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

Lot Info

  • Parcel #: 155-080-053
  • Zoning: CLA
  • Lot Size Sq Ft: 566280.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

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

Closed on
Oct 11, 2021
Sold by
Neuman Harley J and The Zella And Alexander Kariot
Bought by
Current Estimated Value
$41,341,812

Purchase Details

Closed on
Apr 18, 2013
Sold by
Sturgess Thomas Wilton and Sturgess Heather Boyd
Bought by
The Triple Trust

Purchase Details

Listed on
Jun 2, 2011
Closed on
Jan 23, 2012
Sold by
Saladino John F
Bought by
Sturgess Thomas Wilton and Sturgess Heather Boyd
Seller's Agent
Mitchell Morehart
Village Properties
Buyer's Agent
Rebecca Riskin
Village Properties
List Price
$24,500,000
Sold Price
$16,500,000
Premium/Discount to List
-$8,000,000
-32.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.15%
Original Mortgage
$9,900,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2011
Sold by
The Triple Trust
Bought by
Eisner Michael and The Zella And Alexander Kariotakis Famil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 6, 2009
Sold by
Saladino John F
Bought by
Saladino John F and John F Saladino 2000 Living Trust

Purchase Details

Closed on
May 2, 2001
Sold by
Gold Mountain Enterprises Llc
Bought by
Saladino John F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
7%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- None Available
The Triple Trust $26,500,000 Chicago Title Company
Sturgess Thomas Wilton $16,500,000 Chicago Title Company
Eisner Michael $34,000,000 Chicago Title Co
Saladino John F -- Accommodation
Saladino John F -- Equity Title Company
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 $9,900,000
Previous Owner Eisner Michael $15,000,000
Previous Owner Saladino John F $7,000,000
Previous Owner Saladino John F $5,000,000
Previous Owner Saladino John F $200,000
Previous Owner Saladino John F $2,500,000
Previous Owner Saladino John F $2,500,000
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 Prior Sale
03/23/2012 03/23/12 Sold $16,500,000 0.0% $2,055 / Sq Ft
03/23/2012 03/23/12 Sold $16,500,000 0.0% $2,055 / Sq Ft View Prior Sale
03/23/2012 03/23/12 Sold $16,500,000 -32.7% $2,055 / Sq Ft View Prior Sale
01/24/2012 01/24/12 Pending -- -- --
01/24/2012 01/24/12 Pending -- -- --
01/24/2012 01/24/12 Pending -- -- --
06/02/2011 06/02/11 For Sale $24,500,000 0.0% $3,051 / Sq Ft
06/02/2011 06/02/11 For Sale $24,500,000 0.0% $3,051 / Sq Ft
06/02/2011 06/02/11 For Sale $24,500,000 -- $3,051 / 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 $272,713 $26,461,355 $16,248,201 $10,213,154
2025 $267,388 $25,942,506 $15,929,609 $10,012,897
2023 $267,388 $24,935,129 $15,311,044 $9,624,085
2022 $258,771 $24,446,206 $15,010,828 $9,435,378
2021 $253,392 $23,966,870 $14,716,499 $9,250,371
2020 $250,896 $23,721,120 $14,565,600 $9,155,520
2019 $244,915 $23,256,000 $14,280,000 $8,976,000
2018 $268,873 $25,433,143 $14,610,528 $10,822,615
2017 $264,241 $24,934,455 $14,324,048 $10,610,407
2016 $259,683 $24,445,545 $14,043,185 $10,402,360
2014 $241,398 $23,606,690 $13,561,290 $10,045,400
Source: Public Records

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 11-2009

Santa Barbara Multiple Listing Service

APN: 155-080-053

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