NOT LISTED FOR SALE

299 Sheffield Dr Santa Barbara, CA 93108

Estimated Value: $5,601,000 - $6,047,000

5 Beds
4.5 Baths
3,239 Sq Ft
$1,800/Sq Ft Est. Value

Last Sold April 19, 2019

Last sale price $3,100,000 $957 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $33,608/month

217 Days on Market

Highlights

  • Guest House
  • Fruit Trees
  • Fireplace in Primary Bedroom
  • Santa Barbara Senior High School Rated A-
  • Mountain View
  • Radiant Floor

About This Home

As of April 2019

A mood of tranquil abiding suffuses this Montecito hacienda. Resting serenely on nearly 1.5 mountain view acres, the over 3,000 sq. ft. main residence and its comfortable guest cottage are surrounded by landscaped gardens and majestic oak, sycamore and magnolia trees. Built in 1941, enjoying major renovation in 2001, and impeccably maintained to this day, the home combines early California charm with modern amenities and designer fixtures.
Crisp white walls and vaulted open-beam-and-truss ceilings provide stylish contrast to the terra cotta and wide plank wood floors, hand-painted accent tile, and wrought iron fixtures. French windows and doors ensure a light-filled setting. Nowhere is that ambiance experienced more than in the living room, where two sets of French doors open to a portico, terrace and lovely backyard. A curved and leaded clerestory window adds a touch of refinement. A large fireplace a€“ one of six in the home, garden and guest cottage a€“ stands ready to warm those cool Montecito nights. Nearby, the formal dining room hosts a wide-plank wood floor, French doors to a balcony overlooking a courtyard and fountain, and a Dutch door to the portico. The chef's kitchen features stainless Viking, Subzero and Miele appliances, abundant cabinetry and a generous skylight.
The master suite, guest rooms, and library carry on the air of casual sophistication, as does the tasteful guest cottage, which is a sanctuary worthy of the most discerning visitors.
The grounds of this exceptional Montecito estate are truly magical. Multi-level, hosting lush vegetation interspersed with flagstone and rock steps, paths and walls, and leading to enchanted oases such as the intimate dining area guarded by a somewhat whimsical tile- and glass-studded fireplace and surrounded by ferns and mature trees.
All of this is just minutes away from Montecito Union School, the community's upper and lower villages, world-class beaches, and shopping and dining.

Last Agent to Sell the Property

Cristal Clarke

Berkshire Hathaway HomeServices California Properties License #00968247 Listed on: 09/10/2018

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Terence Alemann

Alemann and Associates License #01925020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1946

Lot Details

  • Gated Home
  • Fruit Trees
  • Lawn
  • Property is in excellent condition

Parking

  • Detached Garage

Home Design

  • Spanish Architecture
  • Mediterranean Architecture

Interior Spaces

  • 3,239 Sq Ft Home
  • Multiple Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Library
  • Mountain Views

Flooring

  • Wood
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom

Schools

  • Mont Union Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Forced Air Heating System
  • Sewer Stub Out

Additional Features

  • Patio
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 007-250-011

Home Details

Home Type

Single Family

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1946
  • Reso Property Sub Type: Home/Estate
  • ResoSecurityFeatures: Gate:Elec
  • Architectural Style: Medit, Spanish
  • Reso Flooring: Wood, Tile
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1946
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Fireplace(s) LR: Yes
  • Security GateElec: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Tile3: Yes
  • Rooms Office3: Yes
  • Dining Formal2: Yes
  • Amenities Guest House2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • ParkingGarage Detached: Yes
  • FlrWdw Coverings Wood2: Yes
  • Style Medit2: Yes
  • Style Spanish2: Yes
  • Rooms LbryStudy: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Primary Bedroom, Other, 2+, LR

Exterior Features

  • View: Mountain(s), Setting
  • Exterior Features: Patio Open, Lawn, Fruit Trees

Garage/Parking

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

Utilities

  • Heating: Forced Air, Radiant Floor
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes
  • Heating:Radiant Floor: Yes

Schools

  • Elementary School: Mont Union
  • High School: S.B. Sr.
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 007-250-011
  • Zoning: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2018
Closed on
Apr 8, 2019
Sold by
Coats David Cameron and Conrad Kendall
Bought by
299 Sheffield Drive Llc
Seller's Agent
Cristal Clarke
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Terence Alemann
Alemann and Associates
List Price
$3,195,000
Sold Price
$3,100,000
Premium/Discount to List
-$95,000
-2.97%
Current Estimated Value
$5,830,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,730,471
Avg. Annual Appreciation
9.89%

Purchase Details

Closed on
Dec 11, 2002
Sold by
Coats David Cameron and Conrad Kendall
Bought by
Coats David Cameron and Cameron Kendall Conrad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,138,000
Interest Rate
5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 6, 2002
Sold by
Coats David Cameron and Conrad Kendall
Bought by
Coats David Cameron and Cameron Kendall Conrad

Purchase Details

Closed on
Nov 4, 1997
Sold by
Colbert Robert S and Sheffield Tr 1-31-94
Bought by
Coats David Cameron and Conrad Kendall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
7.23%
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
299 Sheffield Drive Llc $3,100,000 Chicago Title Company
Coats David Cameron -- First American Title
Coats David Cameron -- First American Title
Coats David Cameron -- --
Coats David Cameron -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coats David Cameron $1,138,000
Previous Owner Coats David Cameron $780,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2019 04/19/19 Sold $3,100,000 -3.0% $957 / Sq Ft
04/15/2019 04/15/19 Pending -- -- --
09/10/2018 09/10/18 For Sale $3,195,000 -- $986 / 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 $36,723 $3,458,104 $2,231,036 $1,227,068
2023 $36,723 $3,323,823 $2,144,403 $1,179,420
2022 $35,540 $3,258,651 $2,102,356 $1,156,295
2021 $34,819 $3,194,757 $2,061,134 $1,133,623
2020 $34,460 $3,162,000 $2,040,000 $1,122,000
2019 $19,572 $1,750,507 $856,168 $894,339
2018 $19,217 $1,716,184 $839,381 $876,803
2017 $18,814 $1,682,534 $822,923 $859,611
2016 $18,236 $1,649,544 $806,788 $842,756
2014 $17,545 $1,592,942 $779,104 $813,838
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 18-3312

Santa Barbara Multiple Listing Service

APN: 007-250-011