NOT LISTED FOR SALE

Estimated Value: $5,979,000 - $7,004,000

4 Beds
7 Baths
6,436 Sq Ft
$1,011/Sq Ft Est. Value

Last Sold October 29, 2014

Last sale price $3,242,500 $504 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $37,151/month

328 Days on Market

Highlights

  • Guest House
  • Estate
  • Fruit Trees
  • Home Theater
  • Updated Kitchen
  • Fireplace in Primary Bedroom

About This Home

As of October 2014

Behind gates on a private lane and surrounded by an acre of lush landscaping and oak trees, discover an enchanting traditional Montecito estate. The main house features 3 elegant bedroom suites including a grand master, formal living room, open country kitchen/bkfst room + sitting area, media room & den (or 4th bed.) This captivating estate is completed with a charming guest house & 3 car garage.

Last Agent to Sell the Property

Nancy Kogevinas

Berkshire Hathaway HomeServices California Properties License #01209514 Listed on: 10/12/2013

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Natalie Grubb

Village Properties License #01236143

Last Buyer's Agent

Non Member Agent

Non Member Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1990

Lot Details

  • 1 Acre Lot
  • Level Lot
  • Fruit Trees
  • Lawn
  • Property is in excellent condition

Home Design

  • Estate
  • Brick Exterior Construction
  • Tile Roof
  • Wood Siding

Interior Spaces

  • 6,436 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Multiple Fireplaces
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Library
  • Laundry Room
  • Property Views

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom

Parking

  • Garage
  • Uncovered Parking

Outdoor Features

  • Covered Patio or Porch
  • Built-In Barbecue

Additional Homes

  • Guest House

Schools

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

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 155-120-039

Home Details

Home Type

Single Family

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Directions: East Valley Road past Ladera; property is set off the road up a lane behind gates.
  • Prop. Type: Residential
  • Year Built: 1990
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level
  • Co List Office Mls Id: vip
  • Co List Office Phone: 805-969-8900
  • Architectural Style: Estate
  • Reso Flooring: Wood, Carpet, Stone, Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1990
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.0
  • NeighborhoodSchools Elementary School: Summerland
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • LocationTopo Level: Yes
  • Site Improvements Underground Util: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Exterior Wood Siding: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Rooms Family Room4: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Tile3: Yes
  • Style Estate2: Yes
  • Construction Two Story2: Yes
  • Exterior BrickStone: Yes
  • ParkingGarage Gar #33: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Dining In Kitchen4: Yes
  • Amenities Guest House2: Yes
  • Amenities Wet Bar2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • FlrWdw Coverings Stone2: Yes
  • WaterSewer Septic In: Yes
  • FlrWdw Coverings Carpet: Yes
  • Roof:Tile2: Yes
  • FlrWdw Coverings Wood2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Rooms LbryStudy: Yes
  • Rooms Theatre2: Yes
  • ParkingGarage Unc #33: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Primary Bedroom, Family Room, 2+, LR

Exterior Features

  • Roof: Tile
  • View: Setting
  • Construction Type: Wood Siding, Brick/Stone
  • Acres: 1.0
  • Topography: Level
  • Exterior Features: Patio Open, Patio Covered, Lawn, Fruit Trees

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Utilities: Underground Util
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

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

Lot Info

  • Parcel #: 155-120-039
  • Zoning: R-1
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2013
Closed on
Oct 16, 2014
Sold by
Ising Claude A and Ising Joan L
Bought by
Declaration Of Trust Of Luis & Carol Fon
Seller's Agent
Nancy Kogevinas
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$3,500,000
Sold Price
$3,242,500
Premium/Discount to List
-$257,500
-7.36%
Current Estimated Value
$6,508,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,265,902
Avg. Annual Appreciation
6.38%
Original Mortgage
$500,000
Outstanding Balance
$384,728
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$6,123,674

Purchase Details

Closed on
Feb 22, 2010
Sold by
Ising Claude A and Ising Joan L
Bought by
Ising Claude A and Ising Joan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2002
Sold by
Ising Claude A and Ising Joan L
Bought by
Ising Claude A and Ising Joan L

Purchase Details

Closed on
Jan 20, 1999
Sold by
Ising Claude A and Ising Joan L
Bought by
Ising Claude A and Ising Joan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Declaration Of Trust Of Luis & Carol Fon $3,242,500 Chicago Title Company
Ising Claude A -- First American Title Company
Ising Claude A -- --
Ising Claude A -- Santa Barbara Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Declaration Of Trust Of Luis & Carol Fon $500,000
Previous Owner Ising Claude A $1,300,000
Previous Owner Ising Claude A $560,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2014 10/29/14 Sold $3,242,500 -7.4% $504 / Sq Ft
09/04/2014 09/04/14 Pending -- -- --
10/11/2013 10/11/13 For Sale $3,500,000 0.0% $544 / Sq Ft
01/09/2012 01/09/12 Rented $2,000 -20.0% --
01/09/2012 01/09/12 For Rent $2,500 -- --
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 $40,243 $3,896,991 $1,802,770 $2,094,221
2023 $40,243 $3,745,667 $1,732,767 $2,012,900
2022 $38,923 $3,672,224 $1,698,792 $1,973,432
2021 $38,112 $3,600,221 $1,665,483 $1,934,738
2020 $37,746 $3,563,306 $1,648,406 $1,914,900
2019 $36,776 $3,493,438 $1,616,085 $1,877,353
2018 $36,230 $3,424,941 $1,584,398 $1,840,543
2017 $35,605 $3,357,786 $1,553,332 $1,804,454
2016 $34,991 $3,291,948 $1,522,875 $1,769,073
2015 $34,601 $3,242,500 $1,500,000 $1,742,500
2014 $23,144 $2,266,964 $985,742 $1,281,222
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 13-3267

Santa Barbara Multiple Listing Service

APN: 155-120-039