NOT LISTED FOR SALE

Estimated Value: $6,215,000 - $7,055,175

4 Beds
3.5 Baths
4,011 Sq Ft
$1,617/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $3,895,000 $971 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $37,708/month

7 Days on Market

Highlights

  • Ocean View
  • Spa
  • Craftsman Architecture
  • Cold Spring Elementary School Rated A+
  • Updated Kitchen
  • Fruit Trees

About This Home

As of November 2020

Perched on a hilltop within the historic Arcady grounds is the Gardener's Cottage, a delightful 4 bedroom, 3.5 bathroom hilltop home with irreplaceable charm & character. Once home to the original gardener of the Arcady Estates, this upgraded residence is now on the market for the first time ever. A timeless Craftsman-style, the interiors features an updated kitchen & bathrooms, three-car garage, office/bonus room, with antique fixtures, window nooks, pitched beamed ceilings, & shiplap walls. With multiple decks, a hot tub, ocean vistas, & surrounded by mature eucalyptus & oaks. Resting on 1 acre of land, from street to street, this property offers plenty of opportunity to add a swimming pool or detached ADU, ready to make you and your guests feel right at home.

Last Agent to Sell the Property

Marsha Kotlyar Estate Group

Berkshire Hathaway HomeServices California Properties License #01426886 Listed on: 10/28/2020

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Crysta Metzger

Sotheby's International Realty License #01340521

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 1 Acre Lot
  • Lot Sloped Down
  • Fruit Trees
  • Wooded Lot
  • Property is in excellent condition

Property Views

  • Ocean
  • Woods

Home Design

  • Craftsman Architecture
  • Cottage
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,011 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Multiple Fireplaces
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Game Room
  • Wood Flooring
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook

Bedrooms and Bathrooms

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

Parking

  • Attached Garage
  • Uncovered Parking

Outdoor Features

  • Spa
  • Deck

Schools

  • Cold Spring Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Additional Features

  • Property is near schools
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 013-192-043

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

1 Acres

Listing Details

  • Directions: From Sycamore Canyon Road, turn left onto Eucalyptus Hill Road, the first left onto Arcady Road, the first right onto Cottage Lane. Property is the third right off Cottage Lane.
  • Prop. Type: Residential
  • Year Built: 1910
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Sloped Down
  • Architectural Style: Cal Cottage, Craftsman
  • Reso Flooring: Hardwood
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1910
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.0
  • NeighborhoodSchools Elementary School: Cold Spring
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Style Cal Cottage: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Amenities Skylight2: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Construction Two Story2: Yes
  • ParkingGarage Gar #33: Yes
  • View Wooded3: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • GroundsLandscaping Wooded4: Yes
  • Fireplace(s):_two_3: Yes
  • GroundsLandscaping Deck3: Yes
  • GroundsLandscaping Hot Tub2: Yes
  • ViewOcean: Yes
  • LocationTopo Downslope2: Yes
  • Rooms:Den: Yes
  • ParkingGarage Unc #33: Yes
  • Style Craftsman2: Yes
  • Rooms Game Room3: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Ocean, Setting, Wooded
  • Construction Type: Wood Siding
  • Acres: 1.0
  • Topography: Downslope
  • Exterior Features: Deck, Hot Tub, Fruit Trees, Wooded
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #3, Unc #3, Attached

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes

Schools

  • Elementary School: Cold Spring
  • High School: S.B. Sr.
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 013-192-043
  • Zoning: R-1
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2020
Closed on
Nov 16, 2020
Sold by
Foil Ronald G and Foil Terry O
Bought by
Meadow Cary and Meadow Linda
Seller's Agent
Marsha Kotlyar Estate Group
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Crysta Metzger
Sotheby's International Realty
List Price
$3,895,000
Sold Price
$3,895,000
Current Estimated Value
$6,485,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,590,044
Avg. Annual Appreciation
10.28%
Original Mortgage
$2,000,000
Outstanding Balance
$1,769,946
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$4,715,098

Purchase Details

Closed on
Nov 10, 2010
Sold by
Foil Ronald G and Foil Terry O
Bought by
Foil Ronald G and Foil Terry O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,221
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2003
Sold by
Foil Ronald G and Foil Terry O
Bought by
Foil Ronald G and Foil Terry O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,000
Interest Rate
6.27%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 21, 2003
Sold by
Foil Ronald G and Foil Terry O
Bought by
Foil Ronald G and Foil Terry O

Purchase Details

Closed on
Apr 9, 1998
Sold by
Foil Ronald Gene and Foil Terry Oneal
Bought by
Foil Ronald G and Foil Terry O
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
Meadow Cary $3,895,000 Chicago Title Company
Foil Ronald G -- Advantage Title Inc
Foil Ronald G -- Advantage Title Inc
Foil Ronald G -- Equity Title Company
Foil Ronald G -- Commerce Title Company
Foil Ronald G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meadow Cary $2,000,000
Previous Owner Foil Ronald G $430,221
Previous Owner Foil Ronald G $485,000
Closed Foil Ronald G $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2020 11/30/20 Sold $3,895,000 0.0% $971 / Sq Ft
10/30/2020 10/30/20 Pending -- -- --
10/23/2020 10/23/20 For Sale $3,895,000 -- $971 / 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 $51,600 $5,476,072 $1,823,648 $3,652,424
2023 $51,600 $4,052,358 $1,560,600 $2,491,758
2022 $43,084 $3,972,900 $1,530,000 $2,442,900
2021 $42,196 $3,895,000 $1,500,000 $2,395,000
2020 $8,279 $656,179 $274,687 $381,492
2019 $8,161 $643,313 $269,301 $374,012
2018 $8,059 $630,700 $264,021 $366,679
2017 $7,847 $618,335 $258,845 $359,490
2016 $7,638 $610,031 $253,770 $356,261
2014 $7,265 $589,100 $245,063 $344,037
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-4189

Santa Barbara Multiple Listing Service

APN: 013-192-043

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