NOT LISTED FOR SALE

2868 E Valley Rd Santa Barbara, CA 93108

Toro Canyon Neighborhood

Estimated Value: $4,361,000 - $4,837,837

3 Beds
2 Baths
2,276 Sq Ft
$2,041/Sq Ft Est. Value

Sale Details

Date Sold: July 9, 2024

Last sale price $4,300,000 $1,889 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $28,714 / mo

74 Days on Market

Highlights

  • Updated Kitchen
  • Mountain View
  • Cathedral Ceiling
  • Fruit Trees
  • Multiple Fireplaces
  • Sun or Florida Room

About This Home

As of July 2024

San Ysidro Ranch style 1 acre property. Enchanting gardens. Finely finished. Sensational sun room, lovely primary bedroom suite, terrific chef's kitchen. 3 bedrooms and Den. Outdoor Pizza Oven, Fireplace, and sweet Chicken Coop. Great workshop. Secluded and set up a private lane. Perfectly located between Montecito's charming Upper Village and Summerland.

Last Agent to Sell the Property

The Morehart Group

Compass License #00828316 / 01130349 / 02025980 / 01319565 Listed on: 04/04/2024

Co-Listed By

mitchell morehart

Compass License #00828316

Last Buyer's Agent

Bartron Real Est Group

Berkshire Hathaway HomeServices California Properties License #01005021 / 01950975 / 00966870 / 01976075

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 1 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Fruit Trees
  • Property is in good condition
  • Property is zoned E-1

Parking

  • 2 Car Detached Garage

Home Design

  • Cottage
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Cathedral Ceiling
  • Skylights
  • Multiple Fireplaces
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Sun or Florida Room
  • Mountain Views
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms

Home Security

  • Video Cameras
  • Fire and Smoke Detector

Accessible Home Design

  • Stepless Entry

Outdoor Features

  • Fireplace in Patio
  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Power Generator
  • Septic System

Community Details

  • 10 Hidden Valley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 155-120-040

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

1 Acres

Parking

2

Listing Details

  • Directions: Located between Ladera and Toro Canyon.
  • Prop. Type: Residential
  • Year Built: 1960
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level, Rolling Slope
  • ResoSecurityFeatures: Security Camera, Smoke Detector(s)
  • Co List Office Mls Id: COMPCA4
  • Co List Office Phone: 805-253-7700
  • Subdivision Name: 10 - Hidden Valley
  • Architectural Style: Cal Cottage
  • Garage Yn: Yes
  • Unit Levels: Entry Lvl(No Stairs), Single Story
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1960
  • 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.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • LocationTopo Rolly2: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Style Cal Cottage: Yes
  • Construction Entry Lvl(No Stairs)2: Yes
  • Construction Single Story2: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Dining Breakfast Bar2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Gas Range2: Yes
  • Fireplace(s) LR: Yes
  • Security Smoke Detector(s)2: Yes
  • Cooling Central Air: Yes
  • Dining Formal2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Family Room3: Yes
  • Security Security Camera2: Yes
  • Condition Good2: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • WaterSewer Septic In: Yes
  • ParkingGarage Detached: Yes
  • Amenities GasElectricDiesel Generator: Yes
  • Fireplace(s) Patio3: Yes
  • ParkingGarage:Total _pound_ Garage Spaces: 2.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Range
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, 2+, LR, Patio
  • Other Rooms:Sun Room2: Yes

Exterior Features

  • View: Mountain(s), Setting
  • Construction Type: Wood Siding
  • Acres: 1.0
  • Topography: Rolly, Level
  • Exterior Features: Patio Open, Fruit Trees, Fenced: PRT

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Gar #2, Detached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • 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 #: 155-120-040
  • Zoning: E-1
  • Lot Size Sq Ft: 43560.0
  • 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
May 28, 2026
Sold by
Bought by
Current Estimated Value
$4,645,459

Purchase Details

Listed on
Apr 4, 2024
Closed on
Jul 1, 2024
Sold by
Bought by
Seller's Agent
The Morehart Group
Compass
Buyer's Agent
Bartron Real Est Group
Berkshire Hathaway HomeServices California Properties
List Price
$4,900,000
Sold Price
$4,300,000
Premium/Discount to List
-$600,000
-12.24%
Views
158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.04%

Purchase Details

Closed on
Aug 26, 2008
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
$729,750
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 2002
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
$1,100,000
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
May 16, 2001
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
$332,000
Interest Rate
7.03%

Purchase Details

Closed on
Oct 14, 1997
Sold by
Bought by

Purchase Details

Closed on
Oct 11, 1996
Sold by
Bought by

Purchase Details

Closed on
Oct 18, 1993
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
$42,000
Interest Rate
6.81%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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 Listed On Document
-- None Listed On Document
$4,300,000 Fidelity National Title
-- Lawyers Title Company
-- Chicago Title Co
-- Chicago Title Co
-- --
-- --
-- Chicago 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 $729,750
Previous Owner $1,100,000
Previous Owner $332,000
Previous Owner $42,000
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
07/09/2024 07/09/24 Sold $4,300,000 -4.3% $1,889 / Sq Ft
06/18/2024 06/18/24 Pending -- -- --
05/18/2024 05/18/24 Price Changed $4,495,000 +900.0% $1,975 / Sq Ft
05/18/2024 05/18/24 Price Changed $449,500 -90.5% $197 / Sq Ft
04/30/2024 04/30/24 Price Changed $4,750,000 -3.1% $2,087 / Sq Ft
04/04/2024 04/04/24 For Sale $4,900,000 -- $2,153 / 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
2025 $45,228 $4,300,000 $2,500,000 $1,800,000
2023 $29,220 $2,723,747 $1,825,688 $898,059
2022 $28,304 $2,670,341 $1,789,891 $880,450
2021 $22,164 $2,090,000 $1,320,000 $770,000
2020 $20,173 $1,900,000 $1,200,000 $700,000
2019 $26,681 $2,540,337 $1,702,749 $837,588
2018 $26,291 $2,490,527 $1,669,362 $821,165
2017 $25,837 $2,441,694 $1,636,630 $805,064
2016 $25,389 $2,393,819 $1,604,540 $789,279
2015 $22,642 $2,126,600 $1,437,700 $688,900
2014 -- $1,906,000 $1,307,000 $599,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    The Morehart Group

    Compass

  • m

    Seller Co-Listing Agent in 2024

    mitchell morehart

    Compass

    (805) 689-7233

    2 in this area

    11 Total Sales

    mitchell morehart
    Section Image
  • Bartron Real Est Group

    Buyer's Agent in 2024

    Bartron Real Est Group

    Berkshire Hathaway HomeServices California Properties

    (805) 351-2474

    4 in this area

    222 Total Sales

    Bartron Real Est Group
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 24-1019

Santa Barbara Multiple Listing Service

APN: 155-120-040

California Santa Barbara County Santa Barbara 93108 Toro Canyon

2868 E Valley Rd, Santa Barbara, CA

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