NOT LISTED FOR SALE

396 Hot Springs Rd Santa Barbara, CA 93108

Estimated Value: $5,442,000 - $7,401,000

4 Beds
4.5 Baths
3,455 Sq Ft
$1,841/Sq Ft Est. Value

Last Sold May 30, 2014

Last sale price $3,650,000 $1,056 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $37,264/month

213 Days on Market

Highlights

  • Guest House
  • Spa
  • Reverse Osmosis System
  • Santa Barbara Senior High School Rated A-
  • Updated Kitchen
  • Cape Cod Architecture

About This Home

As of May 2014

Traditional Montecito home and award winning guest house remodeled by Allen & Assoc, lush mature landscaping & numerous roses and other blooming plants designed by Alida Aldrich, impressive entry motor court all on 1 fenced acre. Master on main level, gracious formal DR, hardwood floors, FR w/FP, 3 BR suites in the main house with fully contained separate guest house. Pool & sport court. Totally charming and done with the highest of quality and taste.

Last Agent to Sell the Property

Mary Lu Edick

Village Properties License #00778203 Listed on: 06/06/2014

Last Buyer's Agent

Mike Long

Village Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,907

Year Built

  • Built in 2002

Lot Details

  • Gated Home
  • Irrigation
  • Fruit Trees
  • Lawn

Parking

  • Detached Garage

Home Design

  • Cape Cod Architecture
  • Metal Roof
  • Wood Siding

Interior Spaces

  • Wet Bar
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Library
  • Home Gym
  • Property Views

Kitchen

  • Updated Kitchen
  • Built-In Double Oven
  • Built-In Range
  • Stove
  • Microwave
  • Dishwasher
  • Reverse Osmosis System

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Remodeled Bathroom

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Pool

  • Spa
  • Outdoor Pool

Outdoor Features

  • Patio
  • Gazebo

Additional Homes

  • Guest House

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Water Softener is Owned
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Potted Plants
  • Assessor Parcel Number 009-070-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,907

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 2002
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: In Kitchen
  • ResoSecurityFeatures: Gate:Elec
  • Architectural Style: Cape Cod
  • Reso Flooring: Carpet, Hardwood, Stone, Tile
  • Garage Yn: Yes
  • Property Information Year Built2: 2002
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Property Information Within City Limits: No
  • Exterior Wood Siding: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • View Setting2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security GateElec: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Rooms Exercise Room2: Yes
  • Rooms Office3: Yes
  • Dining Formal2: Yes
  • Amenities Guest House2: Yes
  • Amenities Wet Bar2: Yes
  • Appliances Included Rev Osmosis2: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Gas8: Yes
  • FlrWdw Coverings Stone2: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • ParkingGarage Detached: Yes
  • Site Improvements Cable TV3: Yes
  • Appliances Included OvenBltin: Yes
  • Appliances Included Wtr SoftenerOwned: Yes
  • Rooms LbryStudy: Yes
  • WaterSewer Meter In: Yes
  • Laundry In Kitchen3: Yes
  • GroundsLandscaping Gazebo2: Yes
  • Cooling Ceiling Fan(s): Yes
  • Appliances Included Satellite Dish2: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • Style Cape Cod2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Oven/Rnge/Blt-In, Oven/Bltin, Dishwasher, Double Oven, Dryer, Gas Stove, Microwave, Rev Osmosis, Satellite Dish, Washer, Wtr Softener/Owned
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Other, Gas, LR
  • Appliances Included:Double Oven2: Yes

Exterior Features

  • Roof: Other, Metal
  • View: Setting
  • Construction Type: Wood Siding
  • Exclusions: Potted Plants
  • Exterior Features: Pool, Patio Open, SPA-Outside, Gazebo, Lawn, Fruit Trees, Yard Irrigation T/O, Fenced: ALL
  • Foundation Details: Mixed
  • ConstructionSiding:Roof Metal: Yes

Garage/Parking

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

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Meter In, Mont Wtr
  • Heating:Forced Air: Yes

Schools

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

Lot Info

  • Parcel #: 009-070-015
  • Zoning: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2014
Closed on
May 12, 2014
Sold by
Ewalt Alan Russell and Ewalt Kaye
Bought by
King Revocable Living Trust
Seller's Agent
Mary Lu Edick
Village Properties
Buyer's Agent
Mike Long
Village Properties
List Price
$4,695,000
Sold Price
$3,650,000
Premium/Discount to List
-$1,045,000
-22.26%
Current Estimated Value
$6,359,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,709,832
Avg. Annual Appreciation
4.98%
Original Mortgage
$2,737,500
Outstanding Balance
$1,987,876
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,371,956

Purchase Details

Closed on
Oct 9, 1997
Sold by
Ewalt Alan R and Ewalt Kaye
Bought by
Ewalt Alan Russell and Ewalt Kaye

Purchase Details

Closed on
Jan 15, 1996
Sold by
Clegg Betty Louise
Bought by
Ewalt Alan R and Ewalt Kaye

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
7.25%
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
King Revocable Living Trust -- Fidelity National Title Co
Ewalt Alan Russell -- --
Ewalt Alan R $800,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Revocable Living Trust $2,737,500
Previous Owner Ewalt Alan R $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2014 05/30/14 Sold $3,650,000 -22.3% $1,056 / Sq Ft
05/30/2014 05/30/14 Pending -- -- --
10/29/2013 10/29/13 For Sale $4,695,000 -- $1,359 / 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 $46,907 $4,474,390 $2,819,481 $1,654,909
2023 $46,907 $4,300,647 $2,709,999 $1,590,648
2022 $45,311 $4,216,321 $2,656,862 $1,559,459
2021 $44,380 $4,133,649 $2,604,767 $1,528,882
2020 $43,936 $4,091,265 $2,578,059 $1,513,206
2019 $42,899 $4,011,045 $2,527,509 $1,483,536
2018 $42,117 $3,932,398 $2,477,950 $1,454,448
2017 $41,328 $3,855,293 $2,429,363 $1,425,930
2016 $40,073 $3,779,700 $2,381,729 $1,397,971
2015 $39,371 $3,722,927 $2,345,954 $1,376,973
2014 $22,296 $2,057,878 $619,473 $1,438,405
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Mary Lu Edick

    Village Properties

    (805) 565-8871

    4 in this area

    26 Total Sales

    Mary Lu Edick
    Section Image

  • M

    Buyer's Agent in 2014

    Mike Long

    Village Properties

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 13-3416

Santa Barbara Multiple Listing Service

APN: 009-070-015

California Santa Barbara County Santa Barbara 93108

396 Hot Springs Rd, Santa Barbara, CA

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