NOT LISTED FOR SALE

Estimated Value: $7,969,000 - $13,872,631

6 Beds
7.5 Baths
7,276 Sq Ft
$1,367/Sq Ft Est. Value

Last Sold December 22, 2020

Last sale price $7,950,000 $1,093 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $58,536/month

160 Days on Market

Highlights

  • Ocean View
  • Spa
  • Fruit Trees
  • Accessory Dwelling Unit (ADU)
  • 9.85 Acre Lot
  • Fireplace in Primary Bedroom

About This Home

As of December 2020

Great expectations are met & exceeded as you travel down the long, romantic driveway past an allay of mature trees to arrive in the gravel courtyard of this understated Montecito compound. Sited majestically on over 10+ acres, the astounding ocean & mtn views provide the backdrop for living life's best moments surrounded by beauty & an abundance of nature. Taking centerstage is an extraordinary kitchen, adjoining family & living rooms + both formal & informal dining rooms all inviting you to experience the outdoors. A stone lined ocean view courtyard offers fireside dining year-round & the pool is a resort in its own right. 5 sumptuous bedroom suites + a very private 2nd floor master bd fill the main house; & tucked discreetly into the hillside is the 1BD GH. You will never leave!

Last Agent to Sell the Property

Nancy Kogevinas

Berkshire Hathaway HomeServices California Properties License #01209514 Listed on: 06/11/2020

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Cristal Clarke

Berkshire Hathaway HomeServices California Properties License #00968247

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $88,786

Year Built

  • Built in 1984

Lot Details

  • 9.85 Acre Lot
  • Gated Home
  • Fruit Trees
  • Lawn
  • Property is in excellent condition
  • Property is zoned Other, E-1

Parking

  • 5 Car Direct Access Garage

Property Views

  • Ocean
  • Harbor
  • Panoramic
  • Mountain

Home Design

  • Mediterranean Architecture
  • Brick Exterior Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 7,276 Sq Ft Home
  • 2-Story Property
  • Multiple Fireplaces
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Formal Dining Room
  • Home Gym
  • Home Security System

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Spa
  • Outdoor Pool

Outdoor Features

  • Deck
  • Fireplace in Patio
  • Patio
  • Built-In Barbecue

Additional Homes

  • Accessory Dwelling Unit (ADU)

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 155-110-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$88,786

Year Built

Built in 1984

Lot Details

0

Parking

5

Listing Details

  • Prop. Type: Residential
  • Year Built: 1984
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoSecurityFeatures: Gate:Elec, Security System
  • Architectural Style: Medit
  • Reso Flooring: Carpet, Hardwood
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1984
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 9.85
  • NeighborhoodSchools Elementary School: Summerland
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • Property Information ADU: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Dining Breakfast Bar2: Yes
  • Laundry Laundry Room2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Cooling Central Air: Yes
  • Construction Two Story2: Yes
  • Exterior BrickStone: Yes
  • ParkingGarage Gar #33: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • Rooms Exercise Room2: Yes
  • Dining Formal2: Yes
  • Amenities Guest House2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Dining Room2: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • WaterSewer Septic In: Yes
  • FlrWdw Coverings Carpet: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Deck3: Yes
  • GroundsLandscaping Hot Tub2: Yes
  • ViewOcean: Yes
  • Style Medit2: Yes
  • View Harbor2: Yes
  • Fireplace(s) Patio3: Yes
  • WaterSewer Meter In: Yes
  • Dining Nook2: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • ParkingGarage:Total _pound_ Garage Spaces: 5.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Oven/Rnge/Blt-In, Dishwasher, Dryer, Microwave, Washer
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Primary Bedroom, Family Room, Dining Room, 2+, LR, Patio

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Ocean, Setting, Harbor, Panoramic
  • Construction Type: Brick/Stone, Stucco
  • Acres: 9.85
  • Exterior Features: Other, Pool, Deck, Patio Open, Hot Tub, Lawn, Fruit Trees

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 5.0
  • Parking Features: Gar #3, Interior Access, Attached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Meter In, Mont Wtr
  • Heating:Forced Air: Yes

Schools

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

Lot Info

  • Parcel #: 155-110-022
  • Zoning: Other, E-1
  • Lot Size Sq Ft: 429066.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2020
Closed on
Dec 17, 2020
Sold by
Hot Springs Investments Inc
Bought by
3007 Vista Linda Llc
Seller's Agent
Nancy Kogevinas
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Cristal Clarke
Berkshire Hathaway HomeServices California Properties
List Price
$9,300,000
Sold Price
$7,950,000
Premium/Discount to List
-$1,350,000
-14.52%
Current Estimated Value
$9,259,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,309,202
Avg. Annual Appreciation
4.95%

Purchase Details

Closed on
Apr 27, 2004
Sold by
Jacobson James M and Jacobson Kathleen
Bought by
Hot Springs Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
5.5%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 12, 2002
Sold by
Jacobson James M
Bought by
Jacobson James M and Jacobson Kathleen

Purchase Details

Closed on
May 23, 1994
Sold by
Jacobson Kathleen Anne
Bought by
Jacobson James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$810,000
Interest Rate
4.75%
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
3007 Vista Linda Llc $7,950,000 Chicago Title Company
Hot Springs Investments Inc -- Lawyers Title Company
Jacobson James M -- --
Jacobson James M -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3007 Vista Linda Lane Llc $5,000,000
Previous Owner Hot Springs Investments Inc $2,500,000
Previous Owner Hot Springs Investments Inc $2,500,000
Previous Owner Jacobson James M $2,100,000
Previous Owner Jacobson James M $1,365,000
Previous Owner Jacobson James M $1,000,000
Previous Owner Jacobson James M $500,000
Previous Owner Jacobson James M $792,000
Previous Owner Jacobson James M $810,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2020 12/22/20 Sold $7,950,000 -14.5% $1,093 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $9,300,000 -- $1,278 / 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 $88,786 $8,605,334 $4,329,728 $4,275,606
2023 $88,786 $8,271,180 $4,161,600 $4,109,580
2022 $85,815 $8,109,000 $4,080,000 $4,029,000
2021 $84,025 $7,950,000 $4,000,000 $3,950,000
2020 $102,193 $9,675,135 $5,253,157 $4,421,978
2019 $100,115 $9,485,427 $5,150,154 $4,335,273
2018 $98,548 $9,299,439 $5,049,171 $4,250,268
2017 $96,852 $9,117,098 $4,950,168 $4,166,930
2016 $95,184 $8,938,332 $4,853,106 $4,085,226
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-2123

Santa Barbara Multiple Listing Service

APN: 155-110-022