NOT LISTED FOR SALE

Estimated Value: $5,008,000 - $6,371,000

6 Beds
5.5 Baths
5,234 Sq Ft
$1,093/Sq Ft Est. Value

Last Sold October 29, 2019

Last sale price $3,375,000 $645 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $34,331/month

132 Days on Market

Highlights

  • Ocean View
  • Art Studio
  • Updated Kitchen
  • Cold Spring Elementary School Rated A+
  • Spa
  • Reverse Osmosis System

About This Home

As of October 2019

Tranquil Montecito Family Retreat

Located on a quiet street in the highly-desirable Cold Spring school district, this inviting 4 bedroom 5 1/2 bath home has another 2 bedrooms or office area that can be used for a home based business or mother in-law quarters. Warm, old world French charm with hardwood floors, high-ceilings, skylights, are ready for you to add your vision. Wine cellar, fireplaces in the master and living room and hand carved kitchen cabinets with an ocean view from the kitchen sink. The spectacular outdoor entertaining areas feature views of the ocean and nearby mountains as well as a pool/spa, 2 outdoor fireplaces, fire pit, pizza oven, zip-line, play house, tree fort, and fruit trees

Last Agent to Sell the Property

Susan Jordano

Village Properties License #01775462 Listed on: 05/28/2019

Co-Listed By

Brian King

Village Properties License #01868186

Last Buyer's Agent

Devon Forbes

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 0.91 Acre Lot
  • Fenced
  • Irrigation
  • Fruit Trees
  • Lawn
  • Property is in excellent condition

Property Views

  • Ocean
  • City
  • Peek-A-Boo
  • Mountain

Home Design

  • Cottage
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 5,234 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Library
  • Loft
  • Game Room
  • Art Studio
  • Music Room
  • Home Gym

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal
  • Reverse Osmosis System

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom
  • Maid or Guest Quarters
  • Low Flow Plumbing Fixtures

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Parking

  • Garage
  • Uncovered Parking

Pool

  • Spa
  • Outdoor Pool

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Built-In Barbecue

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 013-210-005

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1953
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Other, Laundry Room
  • ResoSecurityFeatures: Security System
  • Co List Office Mls Id: vip
  • Co List Office Phone: 805-969-8900
  • Architectural Style: Cal Cottage
  • Reso Flooring: Hardwood, Stone, Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Other, Shed(s)
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1953
  • 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
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Style Cal Cottage: Yes
  • Roof:Composition: Yes
  • Exterior Wood Siding: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Unc #4: 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 Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Breakfast Bar2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • Construction Two Story2: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • Rooms Art Studio2: Yes
  • Rooms Exercise Room2: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Amenities Guest Quarters2: Yes
  • Appliances Included Rev Osmosis2: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • FlrWdw Coverings Stone2: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • GroundsLandscaping Deck3: Yes
  • Other Buildings Shed: Yes
  • ViewOcean: Yes
  • Appliances Included Low Flow Fixtures2: Yes
  • Site Improvements Cable TV3: Yes
  • Appliances Included OvenBltin: Yes
  • Pets Yes: Yes
  • Rooms LbryStudy: Yes
  • View City4: Yes
  • View PartialFiltered2: Yes
  • Rooms Music Room2: Yes
  • Rooms Game Room3: Yes
  • Rooms Loft2: Yes
  • Appliances Included Intercom2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Oven/Bltin, Dishwasher, Disposal, Dryer, Gas Stove, Intercom, Low Flow Fixtures, Microwave, Rev Osmosis, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Primary Bedroom, LR

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Ocean, City, Setting, Partial/Filtered
  • Construction Type: Wood Siding, Stucco
  • Acres: 0.91
  • Exterior Features: Pool, Deck, Patio Open, SPA-Outside, Lawn, Fruit Trees, Yard Irrigation T/O, Fenced: ALL
  • Foundation Details: Mixed

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2, Unc #4

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: SB 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 #: 013-210-005
  • Zoning: R-1
  • Lot Size Sq Ft: 39639.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2023
Sold by
Tjr Family Trust
Bought by
Maxson Warehouse Partners Llc
Current Estimated Value
$5,718,389

Purchase Details

Listed on
May 28, 2019
Closed on
Oct 25, 2019
Sold by
Ryan Eric C and Ryan Amy E
Bought by
Reed Timothy and Reed Julia
Seller's Agent
Susan Jordano
Village Properties
Buyer's Agent
Devon Forbes
Coldwell Banker Realty
List Price
$3,595,000
Sold Price
$3,375,000
Premium/Discount to List
-$220,000
-6.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%
Original Mortgage
$2,362,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2007
Sold by
Bonsall Lp
Bought by
Ryan Eric C and Ryan Amy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,107,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2004
Sold by
Weyrick Michael and Weyrick Madeline
Bought by
Bonsall Lp

Purchase Details

Closed on
Aug 21, 2003
Sold by
Bonsall Lp
Bought by
Weyrick Michael and Weyrick Madeline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2003
Sold by
Weyrick Michael and Weyrick Madeline
Bought by
Bonsall Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.76%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 20, 2002
Sold by
Bonsall L P
Bought by
Weyrick Michael and Weyrick Madeline

Purchase Details

Closed on
Apr 1, 2002
Sold by
Weyrick Michael and Weyrick Madeline
Bought by
Bonsall Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
6.25%

Purchase Details

Closed on
Mar 25, 2002
Sold by
Chandler David W and Chandler Diane S
Bought by
Weyrick Michael and Weyrick Madeline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
6.25%

Purchase Details

Closed on
Dec 4, 1997
Sold by
Stinchfield Mike and Stinchfield Audrey C H
Bought by
Chandler David W and Chandler Diane S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$928,000
Interest Rate
7.25%

Purchase Details

Closed on
May 20, 1997
Sold by
Texas Commerce Bank National Assn
Bought by
Stinchfield Mike and Stinchfield Audrey C H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Interest Rate
4.7%

Purchase Details

Closed on
Dec 30, 1996
Sold by
Argyropoulos Elias D
Bought by
Texas Commerce Bank National Assn
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
Maxson Warehouse Partners Llc $5,030,000 Fidelity National Title Compan
Reed Timothy $3,375,000 Fidelity National Title Co
Ryan Eric C -- First American Title Company
Bonsall Lp -- --
Weyrick Michael -- Equity Title Company
Bonsall Lp -- --
Weyrick Michael -- --
Bonsall Lp -- Equity Title Company
Weyrick Michael -- Equity Title Company
Chandler David W -- First American Title
Stinchfield Mike -- First American Title Ins Co
Texas Commerce Bank National Assn $539,750 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reed Timothy $2,362,500
Previous Owner Ryan Eric C $2,107,000
Previous Owner Weyrick Michael $820,000
Previous Owner Bonsall Lp $100,000
Previous Owner Weyrick Michael $825,000
Previous Owner Chandler David W $928,000
Previous Owner Stinchfield Mike $588,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2019 10/29/19 Sold $3,375,000 0.0% $645 / Sq Ft
09/30/2019 09/30/19 Rented -- -- --
09/30/2019 09/30/19 Pending -- -- --
09/30/2019 09/30/19 Under Contract -- -- --
08/13/2019 08/13/19 For Rent $15,000 0.0% --
05/21/2019 05/21/19 For Sale $3,595,000 -- $687 / 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 $53,519 $5,233,212 $2,080,800 $3,152,412
2023 $53,519 $3,569,574 $1,261,413 $2,308,161
2022 $36,626 $3,499,583 $1,236,680 $2,262,903
2021 $35,624 $3,409,965 $1,212,432 $2,197,533
2020 $35,004 $3,375,000 $1,200,000 $2,175,000
2019 $39,167 $3,750,261 $2,041,777 $1,708,484
2018 $38,398 $3,676,728 $2,001,743 $1,674,985
2017 $37,676 $3,604,637 $1,962,494 $1,642,143
2016 $36,594 $3,533,959 $1,924,014 $1,609,945
2014 $35,601 $3,412,693 $1,857,992 $1,554,701
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-1797

Santa Barbara Multiple Listing Service

APN: 013-210-005