NOT LISTED FOR SALE

2942 Torito Rd Santa Barbara, CA 93108

Toro Canyon Neighborhood

Estimated Value: $3,643,000 - $4,815,000

3 Beds
3 Baths
3,128 Sq Ft
$1,306/Sq Ft Est. Value

Last Sold October 07, 2020

Last sale price $2,020,000 $646 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $23,712/month

455 Days on Market

Highlights

  • Ocean View
  • Property is near an ocean
  • Multiple Fireplaces
  • Spa
  • Fruit Trees
  • Adobe Architecture

About This Home

As of October 2020

This private Montecito adobe in the highly coveted enclave of Torito Road makes you feel as if you are on vacation everyday. Perfect weekend getaway or family home close to all the amenities Montecito and Santa Barbara have to offer. The adobe walls, open beam ceilings, and terra cotta floors make this home feel lost in time. Nice & Private.

Last Agent to Sell the Property

Joyce Enright

Berkshire Hathaway HomeServices California Properties License #00557356 Listed on: 04/30/2019

Co-Listed By

Jason Siemens

Sotheby's International Realty License #01886104

Sotheby's International Realty

Last Buyer's Agent

Jason Siemens

Sotheby's International Realty License #01886104

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • Rural Setting
  • Level Lot
  • Fruit Trees
  • Property is in good condition

Parking

  • Detached Garage

Home Design

  • Adobe Architecture
  • Split Level Home
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • Multiple Fireplaces
  • Ocean Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Spa
  • Property is near an ocean
  • Separate Outdoor Workshop

Schools

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

Utilities

  • Heating Available
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 005-050-062

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

1.01 Acres

Listing Details

  • Directions: 101 exit Padaro Lane, go towards mountains, right on Via Real, left on Toro Canyon road, Left on Torito Road, First right to the top.
  • Prop. Type: Residential
  • Year Built: 1950
  • Reso Property Sub Type: Home/Estate
  • ResoLotFeatures: Level, Rural
  • Co List Office Mls Id: sir
  • Co List Office Phone: 805-969-9993
  • Architectural Style: Adobe
  • Garage Yn: Yes
  • Unit Levels: Split Level
  • New Construction: No
  • Reso Other Structures: Work Shop
  • Reso Property Condition: Good
  • Property Information Year Built2: 1950
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Summerland
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • LocationTopo Level: Yes
  • Property Information Within City Limits: No
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Fireplace(s):_two_4: Yes
  • Condition Good2: Yes
  • Construction Split Level: Yes
  • Other Buildings Work Shop2: Yes
  • WaterSewer Septic In: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • GroundsLandscaping Hot Tub2: Yes
  • ViewOcean: Yes
  • ParkingGarage Detached: Yes
  • Style Adobe3: Yes
  • LocationTopo Rural2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 2+

Exterior Features

  • Roof: Composition
  • View: Ocean, Setting
  • Construction Type: Other
  • Topography: Rural, Level
  • Exterior Features: SPA-Outside, Hot Tub, Fruit Trees
  • Foundation Details: Slab

Garage/Parking

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

Utilities

  • Heating: Other
  • HeatingYN: Yes
  • Water Source: Mont Wtr

Schools

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

Lot Info

  • Parcel #: 005-050-062
  • Zoning: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2023
Sold by
Knapp James P
Bought by
James P Knapp Trust and Knapp
Current Estimated Value
$4,083,835

Purchase Details

Listed on
Apr 30, 2019
Closed on
Sep 24, 2020
Sold by
Clark Earl L and Clark Patricia
Bought by
Knapp James P
Seller's Agent
Joyce Enright
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Jason Siemens
Sotheby's International Realty
List Price
$3,150,000
Sold Price
$2,020,000
Premium/Discount to List
-$1,130,000
-35.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.71%

Purchase Details

Closed on
Oct 20, 2014
Sold by
Clark Earl L and Clark Patricia
Bought by
The Clark Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
4.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 22, 2004
Sold by
Clark Earl L and Clark Patricia
Bought by
Clark Earl L and Clark Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,000
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2002
Sold by
Clark Earl L and Clark Patricia
Bought by
Clark Earl L and Clark Patricia

Purchase Details

Closed on
Jul 26, 2002
Sold by
Clark Earl L and Clark Patricia
Bought by
Clark Earl L and Clark Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.24%

Purchase Details

Closed on
May 6, 1999
Sold by
Lynn Clark Earl and Lynn Patricia W
Bought by
Clark Earl L and Clark Patricia

Purchase Details

Closed on
Apr 16, 1999
Sold by
Lynn Clark Earl and Lynn Patricia W
Bought by
Clark Earl L and Clark Patricia
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
James P Knapp Trust -- None Listed On Document
Knapp James P $2,020,000 Chicago Title Company
The Clark Family Trust -- Arista National Title Co
Clark Earl L -- --
Clark Earl L -- --
Clark Earl L -- American Title Co
Clark Earl L -- Fidelity National Title
Clark Earl L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Clark Family Trust $385,000
Previous Owner Clark Earl L $632,000
Previous Owner Clark Earl L $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/07/2020 10/07/20 Sold $2,020,000 0.0% $646 / Sq Ft
10/07/2020 10/07/20 Sold $2,020,000 -35.9% $646 / Sq Ft View Prior Sale
07/28/2020 07/28/20 Pending -- -- --
07/28/2020 07/28/20 Pending -- -- --
04/30/2019 04/30/19 For Sale $3,150,000 0.0% $1,007 / Sq Ft
04/29/2019 04/29/19 For Sale $3,150,000 -- $1,007 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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 $22,680 $2,186,512 $1,353,040 $833,472
2023 $22,680 $2,101,608 $1,300,500 $801,108
2022 $21,990 $2,060,400 $1,275,000 $785,400
2021 $21,534 $2,020,000 $1,250,000 $770,000
2020 $2,237 $184,080 $37,642 $146,438
2019 $2,001 $180,471 $36,904 $143,567
2018 $1,971 $176,933 $36,181 $140,752
2017 $1,937 $173,465 $35,472 $137,993
2016 $1,904 $170,065 $34,777 $135,288
2015 $1,883 $167,511 $34,255 $133,256
2014 $1,776 $164,230 $33,584 $130,646
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Joyce Enright

    Berkshire Hathaway HomeServices California Properties

  • J

    Seller's Agent in 2020

    Jason Siemens

    Sotheby's International Realty

    (805) 455-1165

    1 in this area

    36 Total Sales

    Jason Siemens
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-1498

Santa Barbara Multiple Listing Service

APN: 005-050-062

California Santa Barbara County Santa Barbara 93108 Toro Canyon

2942 Torito Rd, Santa Barbara, CA

Not Listed for Sale

Detached

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