NOT LISTED FOR SALE

407 State St Santa Barbara, CA 93101

Downtown Santa Barbara Neighborhood

Estimated Value: $5,236,117

2 Beds
2 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold March 01, 2022

Last sale price $4,887,500

Est. 7% increase in value since last sale

Current estimated payment $31,824/month

19 Days on Market

Highlights

  • Property is near an ocean
  • City View
  • Radiant Floor
  • San Marcos Senior High School Rated A-
  • Property is near park, public transit, shops, and bus stop
  • Spanish Architecture

About This Home

As of March 2022

THE original Jeff Shelton-designed downtown home - ''The Pistachio House'' - is now for sale for the 1st time ever. Custom-built in 2002 as part of a mixed-use property, this iconic urban residence received the rarely-given George Washington Smith award for architectural achievement. Relax among the visually interesting yet functional surprises everywhere, with the effective living space nearly doubled as the indoors leads to 7 distinct finished outdoor terrace areas. There is a 4-car garage and an elevator to all levels. The parcel includes a commercial building on State St., the detached residence is accessed from a paseo; ask about feasibility to separate parcels. Located 4 blocks to the beach and right downtown, this is a one-of-a-kind living opportunity in beautiful Santa Barbara!

Last Agent to Sell the Property

Ken Switzer

Berkshire Hathaway HomeServices California Properties License #01245644 Listed on: 11/19/2021

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Rebecca Kracke

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • Level Lot
  • Property is in excellent condition
  • Property is zoned C-M

Parking

  • Attached Garage

Property Views

  • City
  • Mountain

Home Design

  • Spanish Architecture
  • Tri-Level Property
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • Elevator
  • Skylights
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Home Security System

Kitchen

  • Built-In Oven
  • Built-In Range

Flooring

  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property is near an ocean
  • Fireplace in Patio

Location

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

Schools

  • Monroe Elementary School
  • Lacumbre Middle School
  • S.B. Sr. High School

Utilities

  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 037-211-016

Community Details

Overview

  • No Home Owners Association
  • 15 Or 20 Downtown Subdivision

Amenities

  • Restaurant
  • Laundry Facilities

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Directions: To access The Pistachio House in the rear of the property, turn from Gutierrez Street into the paseo to the right of Ablitt's, and park across from the home's garage.
  • Prop. Type: Residential
  • Year Built: 2002
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Common Area
  • ResoLotFeatures: Level, Near Public Transit
  • ResoSecurityFeatures: Security System
  • Subdivision Name: 15 or 20 - Downtown
  • Architectural Style: Spanish
  • Reso Flooring: Tile
  • Garage Yn: Yes
  • Unit Levels: Tri-Level
  • New Construction: No
  • Reso Other Structures: Other
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2002
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Monroe
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: Yes
  • Condition Excellent: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Attached: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Rooms Family Room4: Yes
  • Dining Dining Area2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • FlrWdw Coverings Tile3: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Rooms Office3: Yes
  • Proximity Near Bus: Yes
  • Roof:Tile2: Yes
  • Style Spanish2: Yes
  • ParkingGarage Gar #4: Yes
  • Laundry Common Area2: Yes
  • Amenities Elevator4: Yes
  • Fireplace(s) Patio3: Yes
  • View City4: Yes
  • Construction Tri-Level2: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • Fireplace(s) 23: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Oven/Rnge/Blt-In, Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Patio

Exterior Features

  • Roof: Tile
  • View: Mountain(s), City
  • Construction Type: Stucco
  • Topography: Level
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #4, Attached

Utilities

  • Heating: Radiant Floor
  • HeatingYN: Yes
  • Water Source: SB Wtr
  • Heating:Radiant Floor: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Monroe
  • High School: S.B. Sr.
  • Middle Or Junior School: LaCumbre

Lot Info

  • Parcel #: 037-211-016
  • Zoning: C-M

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2021
Closed on
Feb 16, 2022
Sold by
Zannon 2014 Living Trust
Bought by
Ninness Family Trust
Seller's Agent
Ken Switzer
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Rebecca Kracke
Sotheby's International Realty
List Price
$4,950,000
Sold Price
$4,887,500
Premium/Discount to List
-$62,500
-1.26%
Current Estimated Value
$5,236,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,617
Avg. Annual Appreciation
1.78%
Original Mortgage
$2,050,000
Outstanding Balance
$1,903,580
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$3,332,537

Purchase Details

Closed on
Mar 14, 2014
Sold by
Zannon Eugene F and Zannon Gail K
Bought by
Zannon 2014 Living Trust and Zannon Gail M
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
Ninness Family Trust $4,887,500 First American Title
Zannon 2014 Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ninness Family Trust $2,050,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2022 03/01/22 Sold $4,887,500 -1.3% --
12/08/2021 12/08/21 Pending -- -- --
11/19/2021 11/19/21 For Sale $4,950,000 -- --
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 $55,613 $5,186,654 $1,472,426 $3,714,228
2023 $55,613 $4,985,250 $1,415,250 $3,570,000
2022 $13,560 $1,270,349 $206,085 $1,064,264
2021 $13,247 $1,245,442 $202,045 $1,043,397
2020 $13,110 $1,232,673 $199,974 $1,032,699
2019 $12,882 $1,208,503 $196,053 $1,012,450
2018 $12,699 $1,184,808 $192,209 $992,599
2017 $12,280 $1,161,578 $188,441 $973,137
2016 $12,012 $1,138,803 $184,747 $954,056
2015 $11,880 $1,121,698 $181,972 $939,726
2014 $11,686 $1,099,727 $178,408 $921,319
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Ken Switzer

    Berkshire Hathaway HomeServices California Properties

    (805) 680-4622

    12 in this area

    104 Total Sales

    Ken Switzer
    Section Image

  • R

    Buyer's Agent in 2022

    Rebecca Kracke

    Sotheby's International Realty

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 21-4200

Santa Barbara Multiple Listing Service

APN: 037-211-016

California Santa Barbara County Santa Barbara 93101 Downtown Santa Barbara

407 State St, Santa Barbara, CA

Not Listed for Sale

Detached

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