NOT LISTED FOR SALE

401 E Pedregosa St Santa Barbara, CA 93103

Lower Riviera Neighborhood

Estimated Value: $4,509,005

6 Beds
5.5 Baths
5,019 Sq Ft
$898/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $3,000,000 $598 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $24,722/month

41 Days on Market

Highlights

  • Ocean View
  • 0.38 Acre Lot
  • Fruit Trees
  • Santa Barbara Senior High School Rated A-
  • Craftsman Architecture
  • Fireplace in Primary Bedroom

About This Home

As of November 2020

This is a rare opportunity to own one of the signature homes in Santa Barbara's famed Upper East. The Tiffany House has graced this iconic corner since 1913 exuding the grandeur of the era with its beautiful craftsman architectural charisma. The gracious yet comfortable public rooms are accentuated with period details including coffered ceilings, wood-burning fireplaces, rich hardwood floors, built-in cabinetry with leaded windows and a plethora of vintage light fixtures & sconces. There are two bedroom suites on the entry level including one with its own private patio that is ideal for guests or a secondary master. Upstairs there are four more bedrooms, an office & a sunroom. The romantic ocean view master retreat is complete with a wood-burning fireplace, generous walk-in closets and a beautifully appointed luxurious bathroom. Completing the package of this special property are the estate-like grounds surrounded by a mature privacy hedge and featuring spacious lawn areas for recreation along with a variety of irresistible outdoor spaces. The west side of the home features a covered veranda overlooking colorful gardens while the east side offers a stone fireplace providing the ideal spot for entertaining and al-fresco dining. Additionally, this coveted location offers easy access to all of the treasures of the downtown corridor along with award winning Roosevelt School and the iconic Old Mission & rose gardens.

Last Agent to Sell the Property

Chris Palme

Coldwell Banker Realty Listed on: 09/03/2020

Last Buyer's Agent

Jeff Farrell

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1913

Lot Details

  • 0.38 Acre Lot
  • Partially Fenced Property
  • Corner Lot
  • Level Lot
  • Fruit Trees
  • Lawn
  • Property is in good condition
  • Property is zoned R-2

Parking

  • Detached Garage

Home Design

  • Craftsman Architecture
  • Raised Foundation
  • Composition Roof
  • Wood Shingle Exterior

Interior Spaces

  • 5,019 Sq Ft Home
  • 2-Story Property
  • Multiple Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Library
  • Sun or Florida Room
  • Ocean Views
  • Home Security System
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered Patio or Porch

Location

  • Property is near park, public transit, schools, shops, and bus stop
  • City Lot

Schools

  • Roosevelt Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Forced Air Heating System
  • Sewer Stub Out

Community Details

  • 15 Upper Eastside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 025-393-012

Home Details

Home Type

Single Family

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Directions: Corner of Pedregosa and Laguna
  • Prop. Type: Residential
  • Year Built: 1913
  • Reso Property Sub Type: Home/Estate
  • ResoLotFeatures: Level, Corner Lot, Near Public Transit
  • ResoSecurityFeatures: Security System
  • Subdivision Name: 15 - Upper Eastside
  • Architectural Style: Craftsman
  • Reso Flooring: Carpet, Hardwood, Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1913
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.38
  • NeighborhoodSchools Elementary School: Roosevelt
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: Yes
  • Roof:Composition: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Amenities Remodeled Bath2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Construction Two Story2: Yes
  • LocationTopo Corner Lot2: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Property Information Apx Lot SqFt: 16552.0
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • FlrWdw Coverings Carpet: Yes
  • ViewOcean: Yes
  • ParkingGarage Detached: Yes
  • Appliances Included Electric Range2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Foundation Raised: Yes
  • Rooms:Den: Yes
  • Rooms LbryStudy: Yes
  • Style Craftsman2: Yes
  • Exterior Wood Shingles: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Electric Range, Dishwasher, Disposal, Double Oven
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Primary Bedroom, 2+, LR
  • Bedrooms Basement: Yes
  • Appliances Included:Double Oven2: Yes
  • Other Rooms:Sun Room2: Yes

Exterior Features

  • Roof: Composition
  • View: Ocean
  • Construction Type: Wood Shingles
  • Acres: 0.38
  • Topography: Level
  • Exterior Features: Patio Open, Patio Covered, Lawn, Fruit Trees, Fenced: PRT
  • Foundation Details: Raised

Garage/Parking

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

Utilities

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

Schools

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

Lot Info

  • Parcel #: 025-393-012
  • Zoning: R-2
  • Lot Size Sq Ft: 16552.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2020
Closed on
Nov 19, 2020
Sold by
Holland Mccowan Anne and Mccowan Philip
Bought by
Vazquez Carlos A and Vazquez Tft Sylvia
Seller's Agent
Chris Palme
Coldwell Banker Realty
Buyer's Agent
Jeff Farrell
Coldwell Banker Realty
List Price
$3,350,000
Sold Price
$3,000,000
Premium/Discount to List
-$350,000
-10.45%
Current Estimated Value
$4,509,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,509,005
Avg. Annual Appreciation
8.28%
Original Mortgage
$250,000
Outstanding Balance
$222,654
Interest Rate
2.72%
Mortgage Type
New Conventional
Estimated Equity
$4,286,351

Purchase Details

Closed on
Apr 16, 2018
Sold by
Mccowan Philip
Bought by
Mccowan Philip and The 1989 Phillip R Mccowan Tru

Purchase Details

Listed on
Aug 8, 2016
Closed on
Jan 23, 2017
Sold by
Holland Mccowan Anne
Bought by
Mccowan Philip
Seller's Agent
Marsha Kotlyar Estate Group
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
John Henderson
Village Properties
List Price
$2,795,000
Sold Price
$2,424,000
Premium/Discount to List
-$371,000
-13.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.21%
Original Mortgage
$1,592,500
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 8, 2016
Closed on
Jan 17, 2017
Sold by
Shelburne Craig A and Shelburne Laura Lewis
Bought by
Holland Mccowan Anne and Mccowan Philip
Seller's Agent
Marsha Kotlyar Estate Group
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
John Henderson
Village Properties
List Price
$2,795,000
Sold Price
$2,424,000
Premium/Discount to List
-$371,000
-13.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,592,500
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 3, 2000
Sold by
Madeline C Tr Westwater Madeline C Trustee, W
Bought by
Shelburne Craig A and Shelburne Laura Lewis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
8%

Purchase Details

Closed on
Aug 19, 1998
Sold by
Westwater Douglas S and Westwater Madeline C
Bought by
Westwater Douglas S
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
Vazquez Carlos A $3,000,000 First American Title Company
Mccowan Philip -- None Available
Mccowan Philip -- Chicago Title Company
Holland Mccowan Anne -- Chicago Title Company
Holland Mccowan Anne $2,424,000 Chicago Title Company
Shelburne Craig A -- Equity Title Company
Westwater Douglas S -- --
Westwater Madeline C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vazquez Carlos A $250,000
Open Vazquez Carlos A $2,250,000
Previous Owner Holland Mccowan Anne $1,592,500
Previous Owner Shelburne Craig A $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/24/2020 11/24/20 Sold $3,000,000 -10.4% $598 / Sq Ft
10/14/2020 10/14/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $3,350,000 +38.2% $667 / Sq Ft
02/09/2017 02/09/17 Sold $2,424,000 -13.3% $476 / Sq Ft View Prior Sale
12/15/2016 12/15/16 Pending -- -- --
08/08/2016 08/08/16 For Sale $2,795,000 -- $549 / 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 $13,738 $1,702,847 $729,810 $973,037
2023 $13,738 $1,245,382 $539,666 $705,716
2022 $32,605 $3,060,000 $1,326,000 $1,734,000
2021 $31,858 $3,000,000 $1,300,000 $1,700,000
2020 $27,231 $2,562,816 $1,246,919 $1,315,897
2019 $26,756 $2,512,566 $1,222,470 $1,290,096
2018 $26,377 $2,463,300 $1,198,500 $1,264,800
2017 $25,527 $2,424,000 $1,175,000 $1,249,000
2016 $25,961 $2,481,289 $1,298,350 $1,182,939
2014 $25,251 $2,396,145 $1,253,798 $1,142,347
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Chris Palme

    Coldwell Banker Realty

  • J

    Buyer's Agent in 2020

    Jeff Farrell

    Coldwell Banker Realty

  • M

    Seller's Agent in 2017

    Marsha Kotlyar Estate Group

    Berkshire Hathaway HomeServices California Properties

    (805) 565-4014

    6 in this area

    165 Total Sales

    Marsha Kotlyar Estate Group
    Section Image

  • J

    Buyer's Agent in 2017

    John Henderson

    Village Properties

    (805) 689-1066

    19 Total Sales

    John Henderson
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-3488

Santa Barbara Multiple Listing Service

APN: 025-393-012

California Santa Barbara County Santa Barbara 93101 Lower Riviera

401 E Pedregosa St, Santa Barbara, CA

Not Listed for Sale

Detached

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