NOT LISTED FOR SALE

Estimated Value: $2,635,000 - $4,910,416

4 Beds
3.5 Baths
2,691 Sq Ft
$1,483/Sq Ft Est. Value

Last Sold July 09, 2020

Last sale price $2,481,970 $922 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $23,271/month

145 Days on Market

Highlights

  • Guest House
  • River Front
  • Solar Power System
  • Spa
  • Property is near an ocean
  • Estate

About This Home

As of July 2020

Tucked away in the foothills of Montecito and located in the coveted enclave of Torito Road, you will find ''Rancho Toro.'' This 1946 Aguilar Brothers adobe was recently expanded and renovated in 2011. Situated on one, usable acre, this timeless, classic adobe features three bedrooms, including a ground floor master, three bathrooms, exposed brick walls, open beam ceilings, three fireplaces, terra cotta tile, and a one-bedroom guest house. Unplug and enjoy this peaceful, private, country setting located just minutes from Carpinteria, Summerland, and Montecito's Upper and Lower Villages.

Last Agent to Sell the Property

Gregoire & Real Estate Group

Compass License #02025022 / 01973461 Listed on: 12/18/2019

Compass

Last Buyer's Agent

Grubb Campbell Group

Village Properties License #01236143 / 01410304

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1946

Lot Details

  • 1.01 Acre Lot
  • Home fronts a stream
  • River Front
  • Level Lot
  • Fruit Trees
  • Wooded Lot
  • Drought Tolerant Landscaping
  • Property is in excellent condition

Property Views

  • Woods
  • Mountain

Home Design

  • Estate
  • Adobe Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2,691 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Multiple Fireplaces
  • Double Pane Windows
  • Family Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Library
  • Loft

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom

Parking

  • Carport
  • Uncovered Parking

Outdoor Features

  • Spa
  • Property is near an ocean
  • Stream or River on Lot
  • Covered Patio or Porch
  • Fireplace in Patio
  • Built-In Barbecue

Location

  • Property is near a park
  • Property is near schools

Schools

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

Utilities

  • Forced Air Heating System
  • Septic System
  • Cable TV Available

Additional Features

  • Solar Power System
  • Guest House

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 005-050-012

Home Details

Home Type

Single Family

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Directions: From Toro Canyon, left on Torito Road. Property is second property on the right.
  • Prop. Type: Residential
  • Year Built: 1946
  • Reso Property Sub Type: Home/Estate
  • Road Frontage Type: River/Stream
  • ResoLaundryFeatures: Common Area
  • ResoLotFeatures: Level
  • Architectural Style: Adobe, Estate
  • Carport Y N: Yes
  • Reso Flooring: Wood, Tile
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Other
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1946
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.01
  • NeighborhoodSchools Elementary School: Summerland
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Foundation:Slab: Yes
  • ParkingGarage Unc #4: Yes
  • GroundsLandscaping Patio Open2: 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 Family Room4: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Dining Area2: Yes
  • Amenities Dual Pane Window2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Tile3: Yes
  • Property Information Main House SqFt: 2691.0
  • Style Estate2: Yes
  • Construction Two Story2: Yes
  • Exterior BrickStone: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • View Wooded3: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Amenities Guest House2: Yes
  • Amenities Wet Bar2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Dining Room2: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Property Information Apx Lot SqFt: 43996.0
  • GroundsLandscaping Wooded4: Yes
  • WaterSewer Septic In: Yes
  • GroundsLandscaping Hot Tub2: Yes
  • LocationTopo RiverStream2: Yes
  • Site Improvements Cable TV3: Yes
  • Amenities Solar PV2: Yes
  • FlrWdw Coverings Wood2: Yes
  • Pets Yes: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Laundry Common Area2: Yes
  • Rooms LbryStudy: Yes
  • Fireplace(s) Patio3: Yes
  • Dining Nook2: Yes
  • Style Adobe3: Yes
  • Rooms Loft2: Yes
  • ParkingGarage Cpt #22: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Primary Bedroom, Dining Room, 2+, LR, Patio

Exterior Features

  • Roof: Other
  • View: Mountain(s), Setting, Wooded
  • Construction Type: Brick/Stone, Other
  • Acres: 1.01
  • Topography: Level
  • Waterfront Features: Stream
  • Waterfront: Yes
  • Exterior Features: Patio Open, Patio Covered, Hot Tub, Fruit Trees, Wooded, Drought Tolerant LND
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: Cpt #2, Unc #4

Utilities

  • Heating: Forced Air
  • 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 #: 005-050-012
  • Zoning: R-1
  • Lot Size Sq Ft: 43996.0

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2021
Sold by
Mintie Bryce and Mintie Hibiki Kariya
Bought by
Mintie James M and Mintie Lauren K
Current Estimated Value
$3,991,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Outstanding Balance
$1,880,690
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$2,110,914

Purchase Details

Closed on
Apr 26, 2021
Sold by
Mintie James M and Mintie Lauren K
Bought by
Mintie James M and Mintie Lauren K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Outstanding Balance
$1,880,690
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$2,110,914

Purchase Details

Listed on
Dec 18, 2019
Closed on
Jul 1, 2020
Sold by
Ornstein Robert M and Savage Barbara L
Bought by
Mintie James M and Mintie Lauren K
Seller's Agent
Gregoire & Real Estate Group
Compass
Buyer's Agent
Grubb Campbell Group
Village Properties
List Price
$2,650,000
Sold Price
$2,481,970
Premium/Discount to List
-$168,030
-6.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.11%
Original Mortgage
$2,109,674
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2008
Sold by
Ornstein Robert M
Bought by
Ornstein Robert M and Savage Barbara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,625
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 2008
Sold by
Janssen Harold L and Janssen Rosemary A
Bought by
Ornstein Robert M and The Robert M Ornstein 2007 Revoc Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,625
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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
Mintie James M $560,000 Fidelity National Title Co
Mintie James M $560,000 Fidelity National Title Co
Mintie James M -- Fidelity National Title Co
Mintie James M $2,482,000 Chicago Title Company
Ornstein Robert M -- Accommodation
Ornstein Robert M -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mintie James M $2,100,000
Previous Owner Mintie James M $2,109,674
Previous Owner Ornstein Robert M $502,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2020 07/09/20 Sold $2,481,970 -6.3% $922 / Sq Ft
05/07/2020 05/07/20 Pending -- -- --
12/14/2019 12/14/19 For Sale $2,650,000 -- $985 / 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 $28,298 $2,733,762 $1,233,972 $1,499,790
2023 $28,298 $2,627,608 $1,186,056 $1,441,552
2022 $27,418 $2,576,087 $1,162,800 $1,413,287
2021 $26,390 $2,481,970 $1,100,000 $1,381,970
2020 $21,787 $2,050,000 $1,000,000 $1,050,000
2019 $18,726 $1,778,040 $911,000 $867,040
2018 $12,334 $1,165,570 $592,150 $573,420
2017 $19,287 $1,820,000 $911,000 $909,000
2016 $18,409 $1,733,000 $867,000 $866,000
2014 $15,343 $1,500,000 $750,000 $750,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-4092

Santa Barbara Multiple Listing Service

APN: 005-050-012