NOT LISTED FOR SALE

2882 E Valley Rd Santa Barbara, CA 93108

Toro Canyon Neighborhood

Estimated Value: $4,857,000 - $6,953,000

3 Beds
3.5 Baths
-- Sq Ft
1.6 Acres

Last Sold December 09, 2015

Last sale price $3,150,000

Est. 80% increase in value since last sale

Current estimated payment $32,904/month

260 Days on Market

Highlights

  • Ocean View
  • Property is near an ocean
  • Fruit Trees
  • Guest House
  • 1.6 Acre Lot
  • Contemporary Architecture

About This Home

As of December 2015

Unparalleled privacy and serenity unite to create this exceptionally rare opportunity. Built in 2007, this lovely Montecito estate has been impeccably cared for and offers the quintessential California coastal lifestyle with a modern flair. Situated on 1.6+ acres, the property is ideally oriented to enjoy breathtaking sunsets and is surrounded by a picture-perfect landscape of lush lawn, indigenous boulders, citrus trees, swaying palms and majestic oak trees.

Tucked up on a private lane off of East Valley Road, the 2 bedroom, 2.5 bath generously appointed main house is imbued with luxurious attention to detail, while also remaining comfortable and relaxed. The formal living room is warmed by a beautiful fireplace with a stone surround. Open to the kitchen and dining room, as well as the outdoor entertaining spaces, it is the perfect blend of elegance and comfort. Completing the property is an inviting guest house with finishes that mirror the architecture of the main residence.

Last Agent to Sell the Property

Grubb Campbell Group

Village Properties License #01236143 / 01410304 Listed on: 02/03/2015

Last Buyer's Agent

Brooke Ebner

Berkshire Hathaway HomeServices California Properties License #01923719

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 1.6 Acre Lot
  • Rural Setting
  • Level Lot
  • Fruit Trees
  • Lawn
  • Drought Tolerant Landscaping
  • Property is in excellent condition

Property Views

  • Ocean
  • Mountain

Home Design

  • Contemporary Architecture
  • Mediterranean Architecture
  • Slab Foundation
  • Stucco

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Area
  • Library
  • Breakfast Bar
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Garage
  • Uncovered Parking

Outdoor Features

  • Property is near an ocean
  • Fireplace in Patio
  • Patio

Location

  • Property is near a park
  • Property is near public transit
  • Property near a hospital
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Schools

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

Additional Features

  • Guest House
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 155-120-067

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Directions: East Valley Road, headed East, past Ladera Lane. Up lane on north side of the road. Property is on the left.
  • Prop. Type: Residential
  • Year Built: 2007
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level, Rolling Slope, Rural, Near Public Transit
  • Architectural Style: Contemporary, Medit
  • Reso Flooring: Wood, Carpet
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2007
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.6
  • 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 Within City Limits: No
  • Condition Excellent: Yes
  • Construction Single Story2: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Unc #4: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Drought Tolerant LND2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Breakfast Bar2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Fireplace(s) LR: Yes
  • ParkingGarage Gar #33: Yes
  • Proximity Near Shopping2: Yes
  • Amenities Guest House2: Yes
  • Proximity Near Bus: Yes
  • Style:Contemporary2: Yes
  • FlrWdw Coverings Carpet: Yes
  • ViewOcean: Yes
  • FlrWdw Coverings Wood2: Yes
  • Proximity Near Hospital2: Yes
  • Style Medit2: Yes
  • Rooms LbryStudy: Yes
  • Fireplace(s) Patio3: Yes
  • LocationTopo Rural2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Other, LR, Patio

Exterior Features

  • Roof: Other
  • View: Mountain(s), Ocean, Setting
  • Construction Type: Stucco
  • Acres: 1.6
  • Topography: Rural, Rolly, Level
  • Exterior Features: Patio Open, Lawn, Fruit Trees, Drought Tolerant LND
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #3, Unc #4

Utilities

  • Heating: Forced Air
  • 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 #: 155-120-067
  • Zoning: Other
  • Lot Size Sq Ft: 69696.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2015
Closed on
Nov 30, 2015
Sold by
Severy Dana C and Severy Donna J
Bought by
Beermann Leigh G
Seller's Agent
Grubb Campbell Group
Village Properties
Buyer's Agent
Brooke Ebner
Berkshire Hathaway HomeServices California Properties
List Price
$3,350,000
Sold Price
$3,150,000
Premium/Discount to List
-$200,000
-5.97%
Current Estimated Value
$5,684,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,534,315
Avg. Annual Appreciation
6.04%

Purchase Details

Closed on
Mar 14, 2008
Sold by
Severy Dana C and Severy Donna J
Bought by
Severy Dana C and Severy Donna J

Purchase Details

Closed on
Aug 26, 2004
Sold by
Delgado Kenneth Gilbert and Delgado Nina M
Bought by
Severy Dana C and Severy Donna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
5.92%
Mortgage Type
Unknown
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
Beermann Leigh G $3,150,000 Fidelity National Title Co
Severy Dana C -- None Available
Severy Dana C -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Severy Dana C $540,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2015 12/09/15 Sold $3,150,000 -6.0% --
10/21/2015 10/21/15 Pending -- -- --
02/03/2015 02/03/15 For Sale $3,350,000 -- --
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 $38,522 $3,728,957 $1,953,264 $1,775,693
2023 $38,522 $3,584,159 $1,877,417 $1,706,742
2022 $37,343 $3,513,882 $1,840,605 $1,673,277
2021 $36,567 $3,444,983 $1,804,515 $1,640,468
2020 $36,208 $3,409,660 $1,786,012 $1,623,648
2019 $35,184 $3,342,805 $1,750,993 $1,591,812
2018 $34,631 $3,277,260 $1,716,660 $1,560,600
2017 $34,033 $3,213,000 $1,683,000 $1,530,000
2016 $33,445 $3,150,000 $1,650,000 $1,500,000
2015 $22,152 $2,070,381 $1,168,728 $901,653
2014 $20,828 $2,029,826 $1,145,835 $883,991
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2015

    Grubb Campbell Group

    Village Properties

  • Brooke Ebner

    Buyer's Agent in 2015

    Brooke Ebner

    Berkshire Hathaway HomeServices California Properties

    (805) 453-7071

    20 Total Sales

    Brooke Ebner
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 15-370

Santa Barbara Multiple Listing Service

APN: 155-120-067

California Santa Barbara County Santa Barbara 93108 Toro Canyon

2882 E Valley Rd, Santa Barbara, CA

Not Listed for Sale

Detached

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