NOT LISTED FOR SALE

2860 E Valley Rd Santa Barbara, CA 93108

Toro Canyon Neighborhood

Estimated Value: $4,226,000 - $4,829,426

4 Beds
3.5 Baths
3,253 Sq Ft
$1,388/Sq Ft Est. Value

Last Sold October 13, 2020

Last sale price $2,600,000 $799 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $26,077/month

34 Days on Market

Highlights

  • Accessory Dwelling Unit (ADU)
  • Property is near an ocean
  • Fruit Trees
  • Art Studio
  • Updated Kitchen
  • Mountain View

About This Home

As of October 2020

Your own enchanting San Ysidro Ranch Style Montecito Rustic Retreat awaits! Impeccably updated with outstanding quality & design. This tranquil gated and private acre is nestled amongst stunning Olive and Oak trees. This dreamy location includes wonderful indoor/outdoor living space, with multiple entertainment areas. State of the art Bulthaup Kitchen, luxurious Master Suite with sumptuous en-suite Bath.
3 additional Bedroom Suites offer high ceilings and ample light. Formal Living, Dining and Family Rooms all which open to outdoor dining/patios with newly landscaped gardens and pond! This special home is truly Not to be Missed!

Last Agent to Sell the Property

Alexandra Pfeifer

Sotheby's International Realty License #01743378 Listed on: 08/11/2020

Sotheby's International Realty

Last Buyer's Agent

Non Member Agent

Non Member Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1943

Lot Details

  • Back Yard Fenced
  • Lot Sloped Down
  • Fruit Trees
  • Lawn
  • Property is in excellent condition
  • Property is zoned E-1

Home Design

  • Cottage
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,253 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Multiple Fireplaces
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Art Studio
  • Mountain Views

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Built-In Double Oven
  • Built-In Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom
  • Maid or Guest Quarters

Laundry

  • Dryer
  • Washer
  • 220 Volts In Laundry

Home Security

  • Monitored
  • Fire and Smoke Detector

Parking

  • Driveway
  • Uncovered Parking

Outdoor Features

  • Property is near an ocean
  • Deck
  • Patio
  • Separate Outdoor Workshop

Additional Homes

  • Accessory Dwelling Unit (ADU)

Location

  • Property is near a park
  • Property is near schools
  • Property is near shops
  • City Lot

Schools

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

Utilities

  • Central Air
  • Septic System

Community Details

  • 2 Units
  • 05 Summerland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 155-120-011

Home Details

Home Type

Single Family

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Directions: Property located on North Side of East Valley.
  • Prop. Type: Residential
  • Year Built: 1943
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: 220V Elect, Other
  • ResoLotFeatures: Sloped Down
  • ResoSecurityFeatures: Monitored, Gate:Elec, Smoke Detector(s)
  • Subdivision Name: 05 - Summerland
  • Architectural Style: Cal Cottage
  • Reso Flooring: Wood, Stone
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Other Structures: Work Shop
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1943
  • Property Information Total #Units: 2
  • NeighborhoodSchools Elementary School: Summerland
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Mountain(s)2: Yes
  • Property Information ADU: Yes
  • Property Information Within City Limits: Yes
  • Condition Excellent: Yes
  • Style Cal Cottage: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Unc #4: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Dining Area2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security GateElec: Yes
  • Security Smoke Detector(s)2: Yes
  • Cooling Central Air: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Art Studio2: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Dining In Kitchen4: Yes
  • Amenities Guest House2: Yes
  • Amenities Guest Quarters2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • FlrWdw Coverings Stone2: Yes
  • Other Buildings Work Shop2: Yes
  • WaterSewer Septic In: Yes
  • GroundsLandscaping Deck3: Yes
  • GroundsLandscaping Fenced BCK: Yes
  • Laundry:_two_20V Elect2: Yes
  • LocationTopo Downslope2: Yes
  • GroundsLandscaping Permeable Driveway2: Yes
  • FlrWdw Coverings Wood2: Yes
  • Pets Yes: Yes
  • Rooms:Den: Yes
  • Security Monitored2: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Oven/Rnge/Blt-In, Dishwasher, Disposal, Double Oven, Dryer, Gas Stove, Microwave, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Primary Bedroom, Family Room, 2+, LR
  • Appliances Included:Double Oven2: Yes

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Setting
  • Construction Type: Wood Siding
  • Topography: Downslope
  • Exterior Features: Deck, Patio Open, Lawn, Fruit Trees, Fenced: ALL, Fenced: BCK, Permeable Driveway
  • Foundation Details: Mixed

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unc #4, Other

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes

Schools

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

Lot Info

  • Parcel #: 155-120-011
  • Zoning: E-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2020
Closed on
Oct 7, 2020
Sold by
Hodes Greg A and Hertel Heidi M
Bought by
Morton Jay A and Phillips Michael Joseph
Seller's Agent
Alexandra Pfeifer
Sotheby's International Realty
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$2,995,000
Sold Price
$2,600,000
Premium/Discount to List
-$395,000
-13.19%
Current Estimated Value
$4,514,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,914,107
Avg. Annual Appreciation
11.31%
Original Mortgage
$1,000,500
Outstanding Balance
$889,891
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,624,216

Purchase Details

Listed on
Apr 20, 2015
Closed on
Jun 2, 2015
Sold by
Feild Adam
Bought by
The Heidi Hertel & Greg Hodes Family Tru
Seller's Agent
Robert Riskin
Village Properties
Buyer's Agent
Alexandra Pfeifer
Berkshire Hathaway HomeServices California Properties
List Price
$2,995,000
Sold Price
$2,854,250
Premium/Discount to List
-$140,750
-4.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.75%
Original Mortgage
$2,140,687
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 13, 2013
Sold by
2860 Evr Llc
Bought by
Feild Adam

Purchase Details

Listed on
Jan 14, 2013
Closed on
Mar 1, 2013
Sold by
Levin Susan
Bought by
2860 Evr Llc
Seller's Agent
Robert Riskin
Village Properties
Buyer's Agent
Wilson Quarre
Sotheby's International Realty
List Price
$2,950,000
Sold Price
$2,450,000
Premium/Discount to List
-$500,000
-16.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.91%

Purchase Details

Closed on
Dec 5, 2008
Sold by
Ebbin Lucas
Bought by
Levin Susan

Purchase Details

Closed on
May 10, 2005
Sold by
Ebbin Michelle
Bought by
Ebbin Lucas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 10, 2005
Sold by
Carver Victoria Ann and Christopher Franklin
Bought by
Carver Victoria Ann and Christopher Franlin

Purchase Details

Closed on
Oct 22, 2002
Sold by
Christopher Franklin and Carver Victoria Ann
Bought by
Christopher Franklin and Carver Victoria Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$734,100
Interest Rate
5%

Purchase Details

Closed on
Nov 29, 2001
Sold by
Carver Victoria Ann and Christopher Franklin
Bought by
Christopher Franklin and Carver Victoria Ann

Purchase Details

Closed on
Oct 7, 1998
Sold by
Gimbel Victoria C and Cann Victoria Cann
Bought by
Carver Victoria Cann and Christopher Franklin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
4.75%

Purchase Details

Closed on
Sep 21, 1998
Sold by
Christopher Gail
Bought by
Christopher Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
4.75%

Purchase Details

Closed on
Jul 22, 1995
Sold by
Norman Gimbel
Bought by
Carver Victoria Cann
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
Morton Jay A $2,600,000 Chicago Title Company
The Heidi Hertel & Greg Hodes Family Tru $2,854,500 Chicago Title Company
Feild Adam -- None Available
2860 Evr Llc $2,450,000 Chicago Title Company
Levin Susan -- Lawyers Title Company
Ebbin Lucas -- Chicago Title Company
Ebbin Lucas -- Chicago Title Company
Carver Victoria Ann -- Chicago Title
Christopher Franklin -- Fidelity National Title Co
Christopher Franklin -- Fidelity National Title Co
Carver Victoria Cann -- Fidelity National Title Co
Carver Victoria Cann -- Fidelity National Title Co
Christopher Joseph -- Fidelity National Title Co
Carver Victoria Cann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morton Jay A $1,000,500
Previous Owner The Heidi Hertel & Greg Hodes Family Tru $2,140,687
Previous Owner Ebbin Lucas $1,350,000
Previous Owner Christopher Franklin $734,100
Previous Owner Carver Victoria Cann $585,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/13/2020 10/13/20 Sold $2,600,000 -13.2% $799 / Sq Ft
09/14/2020 09/14/20 Pending -- -- --
08/11/2020 08/11/20 For Sale $2,995,000 +4.9% $921 / Sq Ft
06/30/2015 06/30/15 Sold $2,854,250 -4.7% $877 / Sq Ft View Prior Sale
05/10/2015 05/10/15 Pending -- -- --
01/27/2015 01/27/15 For Sale $2,995,000 +22.2% $921 / Sq Ft
03/07/2013 03/07/13 Sold $2,450,000 -16.9% $753 / Sq Ft View Prior Sale
01/31/2013 01/31/13 Pending -- -- --
10/05/2012 10/05/12 For Sale $2,950,000 -- $907 / 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 $29,114 $2,814,322 $1,623,648 $1,190,674
2023 $29,114 $2,705,040 $1,560,600 $1,144,440
2022 $28,209 $2,652,000 $1,530,000 $1,122,000
2021 $27,625 $2,600,000 $1,500,000 $1,100,000
2020 $33,277 $3,136,643 $2,087,983 $1,048,660
2019 $32,424 $3,075,142 $2,047,043 $1,028,099
2018 $31,915 $3,014,846 $2,006,905 $1,007,941
2017 $31,365 $2,955,732 $1,967,554 $988,178
2016 $30,824 $2,897,777 $1,928,975 $968,802
2015 $26,817 $2,510,296 $1,536,916 $973,380
2014 $25,212 $2,461,123 $1,506,810 $954,313
Source: Public Records

Agents Affiliated with this Home

  • Alexandra Pfeifer

    Seller's Agent in 2020

    Alexandra Pfeifer

    Sotheby's International Realty

    (310) 230-3700

    65 Total Sales

    Alexandra Pfeifer
    Section Image

  • N

    Buyer's Agent in 2020

    Non Member Agent

    Non Member Office

  • Robert Riskin

    Seller's Agent in 2015

    Robert Riskin

    Village Properties

    (805) 698-0199

    7 in this area

    211 Total Sales

    Robert Riskin
    Section Image

  • W

    Buyer's Agent in 2013

    Wilson Quarre

    Sotheby's International Realty

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-3099

Santa Barbara Multiple Listing Service

APN: 155-120-011

California Santa Barbara County Santa Barbara 93108 Toro Canyon

2860 E Valley Rd, Santa Barbara, CA

Not Listed for Sale

Detached

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