NOT LISTED FOR SALE

2850 Hidden Valley Ln Montecito, CA 93108

Toro Canyon Neighborhood

Estimated Value: $5,904,000 - $10,912,873

3.8 Acres
$2,064,005 Price per Acre
165,528 Sq Ft Lot

Last Sold May 15, 2013

Last sale price $2,300,000 $766,667 Per Sq Ft

Est. 237% increase in value since last sale

Current estimated payment $49,560/month

33 Days on Market

Highlights

  • Ocean View
  • Foothills
  • Level Lot
  • 3.8 Acre Lot

About This Lot

As of May 2013

''Unique Montecito Estate site with Ocean and Mountain Views. ~3.8 acres with large gently south sloping building area. All utilities in with excellent geologic conditions. Beautiful approach and serene location. Current entitlements. All available to satisfy your vision for gracious living.

Last Agent to Sell the Property

Ted Campbell

Village Properties License #00691712 Listed on: 04/03/2013

Last Buyer's Agent

Suzanne Perkins

Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $84,750

Lot Details

  • 3.8 Acre Lot
  • Level Lot

Property Views

  • Ocean
  • Panoramic
  • Mountain

Schools

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

Utilities

  • Gas Available
  • Septic System

Community Details

  • Foothills

Listing and Financial Details

  • Assessor Parcel Number 155-080-052

Property Details

Property Type

Land

Est. Annual Taxes

$84,750

Lot Details

0

Listing Details

  • Directions: Ladera to Hidden Valley- Lot is on the left.
  • Prop. Type: Land
  • Reso Property Sub Type: Residential/SFR
  • ResoLotFeatures: Level, Rolling Slope
  • Subdivision Name: Other
  • Property Information Apx # Acres: 3.8
  • NeighborhoodSchools Elementary School: Summerland
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Mountain(s)2: Yes
  • Utility Info Water: Yes
  • View Panoramic2: Yes
  • LocationTopo Level: Yes
  • LocationTopo Rolly2: Yes
  • Site Improvements Electric4: Yes
  • Site Improvements Util At Site: Yes
  • Utility Info Electric2: Yes
  • WaterSewer Septic In: Yes
  • ViewOcean: Yes
  • LocationTopo Foothills2: Yes
  • Utility Info Gas6: Yes
  • Site Improvements Gas7: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountain(s), Ocean, Panoramic
  • Acres: 3.8
  • Topography: Foothills, Rolly, Level

Utilities

  • Water Source: Mont Wtr

Schools

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

Lot Info

  • Parcel #: 155-080-052
  • Zoning: Other
  • Lot Size Sq Ft: 165528.0

Ownership History

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
Neuman Harley J and The Royalty Trust
Current Estimated Value
$7,761,833

Purchase Details

Listed on
Apr 3, 2013
Closed on
May 6, 2013
Sold by
Frenkel Stephan R and Frenkel Terri L
Bought by
The Triple Trust
Seller's Agent
Ted Campbell
Village Properties
Buyer's Agent
Suzanne Perkins
Sotheby's International Realty
List Price
$2,495,000
Sold Price
$2,300,000
Premium/Discount to List
-$195,000
-7.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.30%

Purchase Details

Closed on
Dec 10, 2007
Sold by
Frenkel Stephan R and Frenkel Terri L
Bought by
Frenkel Stephan R and Frenkel Terri L

Purchase Details

Closed on
Feb 14, 2007
Sold by
2850 Hidden Valley Lane Llc
Bought by
Frenkel Stephan R and Frenkel Terri L

Purchase Details

Closed on
Jan 4, 2006
Sold by
Blue Ray Llc
Bought by
2850 Hidden Valley Lane Llc

Purchase Details

Closed on
May 27, 2004
Sold by
Hidden Valley Properties Llc
Bought by
Blue Ray Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,450,000
Interest Rate
6.27%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 25, 2002
Sold by
Iverson Cordell K and Iverson Dyanne Cheryl
Bought by
Hidden Valley Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.51%
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Neuman Harley J -- None Available
The Triple Trust $2,300,000 Chicago Title Company
Frenkel Stephan R -- None Available
Frenkel Stephan R -- Equity Title Company Santa B
2850 Hidden Valley Lane Llc -- None Available
Blue Ray Llc -- First American Title
Hidden Valley Properties Llc -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blue Ray Llc $100,000
Previous Owner Blue Ray Llc $2,450,000
Previous Owner Hidden Valley Properties Llc $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2013 05/15/13 Sold $2,300,000 -7.8% $766,667 / Sq Ft
05/06/2013 05/06/13 Pending -- -- --
04/03/2013 04/03/13 For Sale $2,495,000 -- $831,667 / 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 $84,750 $8,192,365 $5,689,144 $2,503,221
2023 $84,750 $7,874,248 $5,468,229 $2,406,019
2022 $82,177 $7,719,852 $5,361,009 $2,358,843
2021 $80,476 $7,568,484 $5,255,892 $2,312,592
2020 $79,689 $7,490,880 $5,202,000 $2,288,880
2019 $77,404 $7,344,000 $5,100,000 $2,244,000
2018 $45,131 $4,257,879 $2,645,259 $1,612,620
2017 $44,354 $4,174,392 $2,593,392 $1,581,000
2016 $30,648 $2,872,542 $2,472,542 $400,000
2014 $23,723 $2,310,442 $2,310,442 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2013

    Ted Campbell

    Village Properties

    6 Total Sales

    Section Image

  • S

    Buyer's Agent in 2013

    Suzanne Perkins

    Sotheby's International Realty

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 13-1071

Santa Barbara Multiple Listing Service

APN: 155-080-052

California Santa Barbara County Montecito 93108 Toro Canyon

2850 Hidden Valley Ln, Montecito, CA

This home is located at 2850 Hidden Valley Ln, Montecito, CA 93108 since 03 April 2013 and is currently estimated at $7,843,218, approximately $2,614,406 per square foot. 2850 Hidden Valley Ln is a home located in Santa Barbara County with nearby schools including Carpinteria Senior High School, Our Lady of Mount Carmel School, and Crane Country Day School.

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