NOT LISTED FOR SALE

2931 Hidden Valley Ln Santa Barbara, CA 93108

Toro Canyon Neighborhood

Estimated Value: $4,995,000 - $6,020,577

4 Beds
4.5 Baths
3,954 Sq Ft
$1,396/Sq Ft Est. Value

Last Sold September 18, 2019

Last sale price $2,600,000 $658 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $31,693/month

81 Days on Market

Highlights

  • Ocean View
  • River Front
  • Stream or River on Lot
  • Spa
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of September 2019

Exceptional value, this stunning Mediterranean, custom built home with 3954 square feet is one of the best values in Montecito. Resting on 1.06 acres with ocean, city and mountain vistas. Colorful gardens and extensive stone walls and patios enhance the setting and romantic style, creating a serene and peaceful retreat. Enjoy outdoor amenities which include a putting green and private spa patio.

The romantic style continues throughout the spacious interior featuring four generous ensuite bedrooms, a cooks' kitchen with adjacent warm and inviting family room, living and dining rooms, three fireplaces, and
numerous French doors each opening to view balconies or garden patios. An entertainer's delight, with a floorplan that flows.

Last Agent to Sell the Property

Kathleen Marvin

Coldwell Banker Realty Listed on: 06/07/2019

Co-Listed By

Barbara Koutnik

Coldwell Banker Realty

Last Buyer's Agent

Laurel Abbott

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,456

Year Built

  • Built in 2001

Lot Details

  • 1.06 Acre Lot
  • Home fronts a stream
  • River Front
  • Irrigation
  • Lawn
  • Property is in excellent condition
  • Property is zoned E-1

Property Views

  • Ocean
  • Mountain

Home Design

  • Mediterranean Architecture
  • Stucco

Interior Spaces

  • 3,954 Sq Ft Home
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Direct Access Garage
  • Uncovered Parking

Outdoor Features

  • Spa
  • Stream or River on Lot
  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Water Softener is Owned
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 155-080-061

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,456

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Directions: East Valley Rd to Ladera Lane. Ladera to Hidden Valley, turn right to 2931 on your right.
  • Prop. Type: Residential
  • Year Built: 2001
  • Reso Property Sub Type: Home/Estate
  • Road Frontage Type: River/Stream
  • ResoLaundryFeatures: Laundry Room
  • ResoSecurityFeatures: Security System, Fire Alarm, Smoke Detector(s)
  • Co List Office Mls Id: cb01
  • Co List Office Phone: 805-969-4755
  • Architectural Style: Medit
  • Reso Flooring: Wood, Carpet, Stone, Tile
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2001
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.06
  • NeighborhoodSchools Elementary School: Summerland
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Mountain(s)2: Yes
  • Site Improvements Underground Util: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • ParkingGarage Unc #4: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • View Setting2: Yes
  • Rooms Family Room4: Yes
  • Laundry Laundry Room2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Microwave3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • Property Information Main House SqFt: 3954.0
  • ParkingGarage Gar #33: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Gas8: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • FlrWdw Coverings Stone2: Yes
  • WaterSewer Septic In: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • ViewOcean: Yes
  • LocationTopo RiverStream2: Yes
  • Security Fire Alarm2: Yes
  • Site Improvements Cable TV3: Yes
  • Appliances Included Wtr SoftenerOwned: Yes
  • FlrWdw Coverings Wood2: Yes
  • Style Medit2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Oven/Rnge/Blt-In, Dishwasher, Disposal, Microwave, Wtr Softener/Owned
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Primary Bedroom, Family Room, Gas, LR
  • Total Bedrooms: 8

Exterior Features

  • View: Mountain(s), Ocean, Setting
  • Construction Type: Stucco
  • Acres: 1.06
  • Waterfront Features: Stream
  • Waterfront: Yes
  • Exterior Features: Patio Open, Patio Covered, SPA-Outside, Lawn, Yard Irrigation PRT
  • Foundation Details: Mixed

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #3, Unc #4, Interior Access, Attached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Utilities: Underground Util
  • 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 #: 155-080-061
  • Zoning: E-1
  • Lot Size Sq Ft: 46173.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2019
Closed on
Sep 16, 2019
Sold by
Ring Richard L S and Ring Linda N
Bought by
Nathani Amit and Alexander Isabella Helena
Seller's Agent
Kathleen Marvin
Coldwell Banker Realty
Buyer's Agent
Laurel Abbott
Berkshire Hathaway HomeServices California Properties
List Price
$2,749,000
Sold Price
$2,600,000
Premium/Discount to List
-$149,000
-5.42%
Current Estimated Value
$5,520,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,920,894
Avg. Annual Appreciation
13.14%
Original Mortgage
$1,800,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2005
Sold by
Vaters Robert S and Vaters Michele C
Bought by
Ring Richard L S and Ring Linda N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 11, 2005
Sold by
Vaters Robert S and Vaters Michele
Bought by
Vaters Robert S and Vaters Michele C

Purchase Details

Closed on
Oct 31, 2002
Sold by
Bowles William
Bought by
Vaters Robert S and Vaters Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
5.25%

Purchase Details

Closed on
Mar 27, 2000
Sold by
Charles Schillinger Frederick
Bought by
Bowles William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
8.53%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Nathani Amit $2,600,000 Chicago Title Co
Ring Richard L S -- Lawyers Title Company
Vaters Robert S -- --
Vaters Robert S -- Lawyers Title Company
Bowles William $538,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alexander Nathani Amit $1,300,000
Closed Nathani Amit $1,800,000
Previous Owner Ring Richard L S $800,000
Previous Owner Ring Richard L S $800,000
Previous Owner Ring Richard L S $800,000
Previous Owner Vaters Robert S $956,200
Previous Owner Vaters Robert S $950,000
Previous Owner Bowles William $765,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2019 09/18/19 Sold $2,600,000 -5.4% $658 / Sq Ft
08/27/2019 08/27/19 Pending -- -- --
06/07/2019 06/07/19 For Sale $2,749,000 -- $695 / 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 $30,456 $2,966,476 $1,203,008 $1,763,468
2023 $30,456 $2,733,062 $1,156,295 $1,576,767
2022 $28,443 $2,679,473 $1,133,623 $1,545,850
2021 $27,850 $2,626,936 $1,111,396 $1,515,540
2020 $27,576 $2,600,000 $1,100,000 $1,500,000
2019 $18,273 $1,734,850 $1,059,453 $675,397
2018 $17,985 $1,700,834 $1,038,680 $662,154
2017 $17,674 $1,667,485 $1,018,314 $649,171
2016 $17,368 $1,634,791 $998,348 $636,443
2014 $16,147 $1,578,695 $964,090 $614,605
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2019

    Kathleen Marvin

    Coldwell Banker Realty

  • B

    Seller Co-Listing Agent in 2019

    Barbara Koutnik

    Coldwell Banker Realty

  • Laurel Abbott

    Buyer's Agent in 2019

    Laurel Abbott

    Berkshire Hathaway HomeServices California Properties

    (805) 969-5026

    32 Total Sales

    Laurel Abbott
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-2020

Santa Barbara Multiple Listing Service

APN: 155-080-061

California Santa Barbara County Santa Barbara 93108 Toro Canyon

2931 Hidden Valley Ln, Santa Barbara, CA

This home is located at 2931 Hidden Valley Ln, Santa Barbara, CA 93108 since 07 June 2019 and is currently estimated at $5,520,894, approximately $1,396 per square foot. This property was built in 2001. 2931 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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