M
Seller's Agent in 2023
Marsha Kotlyar Estate Group
Berkshire Hathaway HomeServices California Properties
(805) 565-4014
4 in this area
162 Total Sales
2957 E Valley Rd Santa Barbara, CA 93108
Toro Canyon NeighborhoodEstimated Value: $5,867,000 - $15,869,619
5
Beds
7
Baths
5,175
Sq Ft
$2,100/Sq Ft
Est. Value
Highlights
- Ocean View
- Outdoor Pool
- Updated Kitchen
- Guest House
- Property is near an ocean
- 2 Acre Lot
About This Home
As of September 2023Modern, stylish & newly completed, patience for the ideal property has finally paid off! Welcome to this expertly designed compound surrounded by truly magnificent ocean, mountain, & hillside views. Becker Studios has masterfully executed the almost impossible balance of high design & relaxed livability for a brilliant result. Tucked at the end of a long driveway, the gated 2 acre estate hosts world-class amenities & immense privacy. The 5 bed, 7 bath residence is graced with a spacious ground-floor primary suite, premier chef's kitchen, superb indoor/outdoor living, Waterworks fixtures, unobstructed views, with a destination swimming pool, regulation-size pickle ball court, game room Cabana, detached 1 bd guest house, & two 2-car garages. Superior quality in a highly tranquil setting.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices California Properties License #01426886 Listed on: 07/01/2023
Last Buyer's Agent
Non Member Agent
Non Member Office
Home Details
Home Type
- Single Family
Year Built
- Built in 1987
Lot Details
- 2 Acre Lot
- Gated Home
- Artificial Turf
- Level Lot
- Flag Lot
- Irrigation
- Hilly Lot
- Fruit Trees
- Lawn
- Property is in excellent condition
Parking
- 4 Car Detached Garage
Property Views
- Ocean
- Island
- Coastline
- Harbor
- Panoramic
- Mountain
Home Design
- Contemporary Architecture
- Metal Roof
- Stucco
Interior Spaces
- 5,175 Sq Ft Home
- 2-Story Property
- Wet Bar
- Cathedral Ceiling
- Free Standing Fireplace
- Double Pane Windows
- Great Room
- Family Room
- Living Room with Fireplace
- Combination Kitchen and Dining Room
- Home Office
- Game Room
- Home Gym
- Updated Kitchen
- Fire Sprinkler System
- Laundry Room
Flooring
- Wood
- Marble
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Remodeled Bathroom
- Maid or Guest Quarters
Pool
- Outdoor Pool
- Spa
Outdoor Features
- Property is near an ocean
- Deck
- Covered Patio or Porch
- Fireplace in Patio
- Gazebo
- Built-In Barbecue
Schools
- Summerland Elementary School
- Carp. Jr. Middle School
- Carp. Sr. High School
Utilities
- Forced Air Heating and Cooling System
- Septic System
Additional Features
- Guest House
- Property is near park, public transit, schools, shops, and bus stop
Community Details
- Restaurant
Listing and Financial Details
- Assessor Parcel Number 005-040-028
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 1, 2023
Closed on
Aug 21, 2023
Sold by
2957 Evr Llc
Bought by
Armour John S and Armour Laura L
Seller's Agent
Marsha Kotlyar Estate Group
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$17,600,000
Sold Price
$16,000,000
Premium/Discount to List
-$1,600,000
-9.09%
Views
456
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,131,690
Avg. Annual Appreciation
-14.94%
Original Mortgage
$3,500,000
Outstanding Balance
$3,390,780
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$7,477,530
Purchase Details
Closed on
Oct 21, 2020
Sold by
Neuman Harley J and The Simple Trust
Bought by
2957 Evr Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,950,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Sep 1, 2020
Sold by
Tomlinson Andrew and Tomlinson Yancey A
Bought by
Neuman Harley J and The Simple Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,950,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jun 19, 2020
Sold by
Tomlinson Andrew
Bought by
Tomlinson Andrew and Tomlinson Yancey A
Purchase Details
Closed on
Jul 5, 1995
Sold by
Ballonoff Martin and Ballonoff Nelly
Bought by
Tomlinson Andrew
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
7.59%
Purchase Details
Closed on
Mar 30, 1994
Sold by
Borneman Peter A and Borneman Beverly J
Bought by
Ballonoff Martin and Ballonoff Nelly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
7.38%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Armour John S | $16,000,000 | Chicago Title Company | |
| 2957 Evr Llc | $3,000,000 | Chicago Title Company | |
| Neuman Harley J | $2,850,000 | Chicago Title Company | |
| Tomlinson Andrew | -- | None Available | |
| Tomlinson Andrew | -- | Chicago Title Co | |
| Ballonoff Martin | -- | Equity Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Armour John S | $3,500,000 | |
| Previous Owner | 2957 Evr Llc | $1,950,000 | |
| Previous Owner | Tomlinson Andrew | $700,000 | |
| Previous Owner | Ballonoff Martin | $725,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/08/2023 09/08/23 | Sold | $16,000,000 | -9.1% | $3,092 / Sq Ft |
| 08/03/2023 08/03/23 | Pending | -- | -- | -- |
| 07/01/2023 07/01/23 | For Sale | $17,600,000 | -- | $3,401 / 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 | $167,896 | $16,320,000 | $4,080,000 | $12,240,000 |
| 2023 | $167,896 | $3,413,728 | $2,236,860 | $1,176,868 |
| 2022 | $28,148 | $2,626,500 | $2,193,000 | $433,500 |
| 2021 | $32,034 | $3,000,000 | $2,150,000 | $850,000 |
| 2020 | $16,392 | $1,519,015 | $569,629 | $949,386 |
| 2019 | $15,696 | $1,489,231 | $558,460 | $930,771 |
| 2018 | $15,449 | $1,460,031 | $547,510 | $912,521 |
| 2017 | $15,181 | $1,431,404 | $536,775 | $894,629 |
| 2016 | $14,918 | $1,403,338 | $526,250 | $877,088 |
| 2015 | $14,751 | $1,382,260 | $518,346 | $863,914 |
| 2014 | -- | $1,355,185 | $508,193 | $846,992 |
Source: Public Records
Agents Affiliated with this Home
-
Marsha Kotlyar Estate Group
-
N
Buyer's Agent in 2023
Non Member Agent
Non Member Office
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 23-1923
APN: 005-040-028
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