NOT LISTED FOR SALE

Estimated Value: $3,998,000 - $4,689,000

4 Beds
3 Baths
3,240 Sq Ft
$1,315/Sq Ft Est. Value

Last Sold April 16, 2019

Last sale price $2,052,100 $633 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $25,154/month

216 Days on Market

Highlights

  • Art Studio
  • Panoramic View
  • Craftsman Architecture
  • Cold Spring Elementary School Rated A
  • Updated Kitchen
  • Fruit Trees

About This Home

As of April 2019

Reduced! Savor the 180°explosive,breathtaking and panoramic mountain views as you enter this artistically conceived modern craftsman.Constructed with style and sophistication, this 4-bed 3-bath residence is beautifully situated on .91 lushly landscaped acres.Sun-drenched gourmet kitchen w/quartzite countertops & large center island opens to spacious dining area with wet bar, wine fridge & built in 2 drawer refrigerator. Living/great room featuring dramatic vaulted tongue & groove ceilings,stone FP and walls of glass.French oak flooring in entry,living,dining and kitchen. Elegant master suite graced with luxurious bathroom,large closets replete with deluxe custom finishes & overlooks bountiful gardens and spectacular mountain views.Located in sought after Cold Springs School Attendance area NEW and matching appliances include Thermador Stainless gas range with dual ovens, and awall built-in electric convention oven, warming drawer and microwave.

This sophisticated home also has garage parking for 7 vehicles, a wine cellar, and an invisible dog fence around the home's perimeter. Private schools located nearby are Mount Carmel and El Montecito Presbyterian.

Last Agent to Sell the Property

Jim Scarborough

Berkshire Hathaway HomeServices California Properties License #01182792 Listed on: 12/30/2018

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Natasha Miller

Santa Barbara Brokers, Inc. License #01907966

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,366

Year Built

  • Built in 1978

Lot Details

  • 0.91 Acre Lot
  • Back Yard Fenced
  • Irrigation
  • Fruit Trees
  • Lawn
  • Property is in excellent condition
  • Property is zoned Other, R-1

Parking

  • Garage

Property Views

  • Panoramic
  • Woods
  • Mountain

Home Design

  • Craftsman Architecture
  • Tri-Level Property
  • Composition Roof

Interior Spaces

  • 3,240 Sq Ft Home
  • Wet Bar
  • Cathedral Ceiling
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Library
  • Loft
  • Art Studio
  • Laundry Room
  • Basement

Kitchen

  • Updated Kitchen
  • Built-In Double Oven
  • Built-In Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Remodeled Bathroom
  • 3 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop

Location

  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Forced Air Heating System
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 013-170-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,366

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1978
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • Subdivision Name: Other
  • Architectural Style: Craftsman
  • Reso Flooring: Wood, Carpet, Tile
  • Garage Yn: Yes
  • Unit Levels: Tri-Level
  • New Construction: No
  • Reso Other Structures: Other, Work Shop
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1978
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.91
  • NeighborhoodSchools Elementary School: Cold Spring
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Roof:Composition: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Microwave3: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Tile3: Yes
  • ParkingGarage Gar #33: Yes
  • View Wooded3: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Art Studio2: Yes
  • Rooms Office3: Yes
  • Amenities Wet Bar2: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • Other Buildings Work Shop2: Yes
  • WaterSewer Septic In: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • GroundsLandscaping Fenced BCK: Yes
  • FlrWdw Coverings Wood2: Yes
  • Pets Yes: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • ParkingGarage Gar #4: Yes
  • Rooms LbryStudy: Yes
  • Style Craftsman2: Yes
  • Construction Tri-Level2: Yes
  • Rooms Loft2: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Other, Gas Range, Oven/Rnge/Blt-In, Dishwasher, Disposal, Double Oven, Gas Stove, Microwave
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: LR
  • Total Bedrooms: 1
  • Bedrooms Basement: Yes
  • Appliances Included:Double Oven2: Yes

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Setting, Wooded, Panoramic
  • Acres: 0.91
  • Exterior Features: Patio Covered, Lawn, Fruit Trees, Yard Irrigation PRT, Fenced: BCK, Fenced: PRT
  • Foundation Details: Mixed

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #3, Gar #4

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

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

Lot Info

  • Parcel #: 013-170-015
  • Zoning: Other, R-1
  • Lot Size Sq Ft: 39639.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2018
Closed on
Mar 18, 2019
Sold by
Berwager Bruce A and Berwager Tanya L
Bought by
Moran Smith Jeremy Benjamin and Moran Smith Kelly
Seller's Agent
Jim Scarborough
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Natasha Miller
Santa Barbara Brokers, Inc.
List Price
$2,395,000
Sold Price
$2,052,100
Premium/Discount to List
-$342,900
-14.32%
Current Estimated Value
$4,259,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,207,076
Avg. Annual Appreciation
12.15%
Original Mortgage
$1,350,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2011
Sold by
Berwager Bruce A and Berwager Tanya L
Bought by
Berwager Bruce A and Berwager Tanya L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2005
Sold by
Berwager Bruce A and Berwager Tanya L
Bought by
Berwager Bruce A and Berwager Tanya L

Purchase Details

Closed on
May 4, 1999
Sold by
Berwager Bruce A and Berwager Tanya L
Bought by
Berwager Bruce A and Berwager Tanya L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
6.12%

Purchase Details

Closed on
Nov 6, 1997
Sold by
Warren Robert A and Warren Lydia R
Bought by
Berwager Bruce A and Berwager Tanya L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.3%
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
Moran Smith Jeremy Benjamin $2,052,500 First American Title Company
Berwager Bruce A -- Ticor Title
Berwager Bruce A -- --
Berwager Bruce A -- Equity Title Company
Berwager Bruce A -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jbs & Kms Family Trust $500,000
Open Smith Jeremy Benjamin $1,313,000
Closed Moran Smith Jeremy Benjamin $1,350,000
Previous Owner Berwager Bruce A $200,000
Previous Owner Berwager Bruce A $417,000
Previous Owner Berwager Bruce A $530,000
Previous Owner Berwager Bruce A $450,000
Previous Owner Berwager Bruce A $395,000
Previous Owner Berwager Bruce A $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2019 04/16/19 Sold $2,052,100 -14.3% $633 / Sq Ft
03/10/2019 03/10/19 Pending -- -- --
08/06/2018 08/06/18 For Sale $2,395,000 -- $739 / 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 $23,366 $2,289,152 $1,227,068 $1,062,084
2023 $23,366 $2,200,263 $1,179,420 $1,020,843
2022 $22,521 $2,157,122 $1,156,295 $1,000,827
2021 $22,037 $2,114,826 $1,133,623 $981,203
2020 $21,653 $2,093,142 $1,122,000 $971,142
2019 $8,787 $845,268 $393,626 $451,642
2018 $8,613 $828,695 $385,908 $442,787
2017 $8,466 $812,447 $378,342 $434,105
2016 $8,257 $796,518 $370,924 $425,594
2014 $8,031 $769,192 $358,197 $410,995
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 18-2879

Santa Barbara Multiple Listing Service

APN: 013-170-015