NOT LISTED FOR SALE

Estimated Value: $4,917,675

4 Beds
4.5 Baths
3,500 Sq Ft
$1,405/Sq Ft Est. Value

Sale Details

Date Sold: July 22, 2016

Last sale price $2,550,000 $729 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $29,661 / mo

158 Days on Market

Highlights

  • Ocean View
  • 3 Acre Lot
  • Wood Flooring
  • Guest House
  • Contemporary Architecture
  • Double Pane Windows

About This Home

As of July 2016

Mountain Drive Oasis! Stunning, panoramic oceans views abound from this newly-built Contemporary home. Situated on approximately 3 acres in the hills of Montecito, this home offers 3 bedrooms and 3.5 baths, and a detached, charming 1 bedroom, 1 bath guest house. Light and bright with soaring ceilings, large windows and French doors that open to multiple patios and decks, it is a true oasis! Once you recover from the views you will be impressed by the build and design of the home. It was created with insulated concrete form block construction and a comfortable and inviting floor plan. The main living area is over 1000 square feet with incredible views from every angle. There is a perfect BBQ area, several outdoor patios and lovely landscaping. It offers much usable land within it's approximately 3 acres and opportunities for more. It has domestic water meter and a shared well. It is located in the Cold Springs Elementary school area.

Last Agent to Sell the Property

Michelle Cook

Sotheby's International Realty Listed on: 07/18/2015

Co-Listed By

Robert Lamborn

Sotheby's International Realty

Last Buyer's Agent

Cristal Clarke

Pitts & Bachmann Realtors

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Home Details

Home Type

  • Single Family

Year Built

  • Built in 2015

Lot Details

  • 3 Acre Lot
  • Property is in excellent condition

Property Views

  • Ocean
  • Harbor
  • Panoramic
  • City
  • Mountain

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 3,500 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source
  • Shared Well
  • Septic System

Additional Features

  • Shed
  • Guest House

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 013-030-032

Home Details

Home Type

Single Family

Year Built

Built in 2015

Lot Details

3 Acres

Listing Details

  • Directions: Cold Springs to East Mountain (left on East Mountain) 352 is a shared driveway on the right.
  • Prop. Type: Residential
  • Year Built: 2015
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: 220V Elect, Laundry Room
  • Co List Office Mls Id: sir
  • Co List Office Phone: 805-969-9993
  • Architectural Style: Contemporary
  • Reso Flooring: Hardwood, Stone, Tile
  • Unit Levels: Split Level
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2015
  • Property Information Total #Units: 2
  • Property Information Apx # Acres: 3.0
  • 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
  • WaterSewer Pvt Wtr Sys: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Foundation:Slab: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Gas Stove3: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • Amenities Guest House2: Yes
  • FlrWdw Coverings Stone2: Yes
  • Style:Contemporary2: Yes
  • Construction Split Level: Yes
  • WaterSewer Septic In: Yes
  • Other Buildings Shed: Yes
  • ViewOcean: Yes
  • WaterSewer Shared Well: Yes
  • Laundry:_two_20V Elect2: Yes
  • View Harbor2: Yes
  • View City4: Yes
  • Cooling Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Dishwasher, Disposal, Gas Stove
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: LR

Exterior Features

  • Roof: Metal
  • View: Mountain(s), Ocean, City, Harbor, Panoramic
  • Construction Type: Concrete, Other
  • Acres: 3.0
  • Foundation Details: Slab
  • ConstructionSiding:Roof Metal: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Shared Well, Pvt Wtr Sys, 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 #: 013-030-032
  • Zoning: Other
  • Lot Size Sq Ft: 130680.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2015
Closed on
Jul 11, 2016
Sold by
Bought by
Seller's Agent
Michelle Cook
Sotheby's International Realty
Buyer's Agent
Cristal Clarke
Pitts & Bachmann Realtors
List Price
$3,495,000
Sold Price
$2,550,000
Premium/Discount to List
-$945,000
-27.04%
Current Estimated Value
$4,917,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,367,675
Avg. Annual Appreciation
6.76%
Original Mortgage
$1,500,000
Outstanding Balance
$1,129,472
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,788,203

Purchase Details

Closed on
Jul 16, 2014
Sold by
Bought by

Purchase Details

Closed on
Sep 26, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 3, 2000
Sold by
Bought by

Purchase Details

Closed on
Apr 29, 1997
Sold by
Bought by

Purchase Details

Closed on
Mar 7, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,550,000 First American Title Company
$387,000 Old Republic Title Company
-- First American Title Company
-- First American Title
-- First American Title
-- First American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,500,000
Previous Owner $1,500,000
Previous Owner $250,000
Previous Owner $1,000,000
Previous Owner $1,000,000
Previous Owner $835,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/22/2016 07/22/16 Sold $2,550,000 -27.0% $729 / Sq Ft
12/22/2015 12/22/15 Pending -- -- --
07/17/2015 07/17/15 For Sale $3,495,000 -- $999 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $30,959 $3,018,677 $1,302,174 $1,716,503
2025 $30,395 $2,959,489 $1,276,642 $1,682,847
2023 $30,395 $2,844,569 $1,227,069 $1,617,500
2022 $29,302 $2,788,794 $1,203,009 $1,585,785
2021 $28,677 $2,734,113 $1,179,421 $1,554,692
2020 $28,180 $2,706,079 $1,167,328 $1,538,751
2019 $27,824 $2,653,020 $1,144,440 $1,508,580
2018 $27,280 $2,601,000 $1,122,000 $1,479,000
2017 $26,820 $2,550,000 $1,100,000 $1,450,000
2016 $28,345 $2,720,075 $1,827,450 $892,625
2014 $3,073 $276,836 $85,258 $191,578
Source: Public Records

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 15-2456

Santa Barbara Multiple Listing Service

APN: 013-030-032

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