NOT LISTED FOR SALE

4254 Cresta Ave Santa Barbara, CA 93110

Hope Ranch Neighborhood

Estimated Value: $7,572,000 - $17,354,504

4 Beds
9 Baths
10,370 Sq Ft
$1,022/Sq Ft Est. Value

Sale Details

Date Sold: February 13, 2013

Last sale price $5,400,000 $521 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $64,388 / mo

605 Days on Market

Highlights

  • Ocean View
  • Pool
  • 3.38 Acre Lot
  • Vieja Valley Elementary School Rated A
  • Property is near an ocean
  • Fireplace in Primary Bedroom

About This Home

As of February 2013

''Mirabella'' Expansive Mediterranean Estate on approx. 3.38± ac. offering panoramic ocean & mountain views from every room. Dramatic entry cathedral w/curved iron staircase opening to formal living & dining rm, gourmet kitchen, 2 offices, art gallery, 6 fireplaces, 3-car garage, wine cellar, maids living area. Upper level has large master suite w/sitting rm, 2 bedrooms, gyms. Pool w/guest house.

Last Agent to Sell the Property

Robert Lamborn

Sotheby's International Realty Listed on: 10/10/2012

Co-Listed By

Jennifer Burrows

Sotheby's International Realty

Last Buyer's Agent

Terrence Ryken

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1987

Lot Details

  • 3.38 Acre Lot
  • Gated Home
  • Level Lot
  • Lawn
  • Property is in excellent condition
  • Property is zoned E-1

Property Views

  • Ocean
  • Panoramic
  • Mountain

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 10,370 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Library
  • Music Room
  • Home Gym
  • Fire and Smoke Detector
  • Basement

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom

Parking

  • Garage
  • Uncovered Parking

Pool

Schools

  • Vieja Valley Elementary School
  • Lacolina Middle School
  • San Marcos High School

Utilities

  • Forced Air Heating System
  • Septic System
  • Cable TV Available

Additional Features

  • Property is near an ocean
  • Property is near park

Community Details

  • 25 Hope Ranch Subdivision

Listing and Financial Details

  • Exclusions: Other, Chandelier
  • Assessor Parcel Number 063-131-004

Home Details

Home Type

Single Family

Year Built

Built in 1987

Lot Details

3.38 Acres

Listing Details

  • Prop. Type: Residential
  • Year Built: 1987
  • Reso Property Sub Type: Home/Estate
  • ResoLotFeatures: Level
  • ResoSecurityFeatures: Gate:Elec, Smoke Detector(s)
  • Co List Office Mls Id: sir04
  • Co List Office Phone: 805-969-5005
  • Subdivision Name: 25 - Hope Ranch
  • Architectural Style: Medit
  • Reso Flooring: Hardwood, Stone
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Excellent, Good
  • Property Information Year Built2: 1987
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 3.38
  • NeighborhoodSchools Elementary School: Vieja Valley
  • NeighborhoodSchools Junior High School: LaColina
  • NeighborhoodSchools High School: San Marcos
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • LocationTopo Level: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Construction Single Story2: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Unc #4: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Lawn2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Rooms Family Room4: Yes
  • Fireplace(s) LR: Yes
  • Security GateElec: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Rooms Exercise Room2: Yes
  • Dining Formal2: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • FlrWdw Coverings Stone2: Yes
  • Condition Good2: Yes
  • WaterSewer Septic In: Yes
  • Roof:Tile2: Yes
  • ViewOcean: Yes
  • Site Improvements Cable TV3: Yes
  • Style Medit2: Yes
  • ParkingGarage Gar #4: Yes
  • Rooms LbryStudy: Yes
  • Rooms Music Room2: Yes
  • Assessor's Data Assessor Year Built: 1984.0
  • Assessor's Data Assessor Lot Acres: 3.38
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 6
  • Half Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Primary Bedroom, LR
  • Total Bedrooms: 8
  • Bedrooms Basement: Yes

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Ocean, Setting, Panoramic
  • Construction Type: Stucco
  • Acres: 3.38
  • Topography: Level
  • Exclusions: Other, Chandelier
  • Exterior Features: Pool, Lawn
  • Foundation Details: Slab

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: La Cumb Wtr
  • Heating:Forced Air: Yes

Schools

  • Elementary School: Vieja Valley
  • High School: San Marcos
  • Middle Or Junior School: LaColina

Lot Info

  • Parcel #: 063-131-004
  • Zoning: E-1
  • Lot Size Sq Ft: 147232.8
  • 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
Oct 10, 2012
Closed on
Feb 4, 2013
Sold by
Bought by
Seller's Agent
Robert Lamborn
Sotheby's International Realty
Buyer's Agent
Terrence Ryken
Sotheby's International Realty
List Price
$8,650,000
Sold Price
$5,400,000
Premium/Discount to List
-$3,250,000
-37.57%
Current Estimated Value
$10,594,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,194,876
Avg. Annual Appreciation
5.15%
Original Mortgage
$5,520,276
Interest Rate
0.0329%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 19, 2008
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
$1,000,000
Interest Rate
0.0609%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 8, 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
$5,030,000
Interest Rate
0.0737%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 29, 2004
Sold by
Bought by

Purchase Details

Closed on
Apr 15, 2004
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
$1,950,000
Interest Rate
0.0557%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 20, 1999
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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
-- Fidelity National Title
-- Fidelity National Title Co
-- First American Title
-- First American Title
-- Chicago Title
-- Chicago Title
-- Chicago Title Company
-- First American Title Company
-- First American Title Company
-- 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 $10,000,000
Closed $4,950,000
Closed $5,520,276
Previous Owner $2,000,000
Previous Owner $1,000,000
Previous Owner $5,030,000
Previous Owner $1,950,000
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 Prior Sale
02/13/2013 02/13/13 Sold $5,400,000 0.0% $521 / Sq Ft
02/13/2013 02/13/13 Sold $5,400,000 -32.1% $521 / Sq Ft View Prior Sale
10/15/2012 10/15/12 Pending -- -- --
10/15/2012 10/15/12 Pending -- -- --
06/17/2011 06/17/11 For Sale $7,950,000 -8.1% $767 / Sq Ft
02/18/2011 02/18/11 For Sale $8,650,000 -- $834 / 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 $79,917 $7,613,708 $4,713,250 $2,900,458
2025 $78,347 $7,464,421 $4,620,834 $2,843,587
2023 $78,347 $7,174,570 $4,441,402 $2,733,168
2022 $75,592 $7,033,893 $4,354,316 $2,679,577
2021 $72,867 $6,895,975 $4,268,938 $2,627,037
2020 $72,093 $6,825,266 $4,225,166 $2,600,100
2019 $69,948 $6,691,438 $4,142,320 $2,549,118
2018 $68,578 $6,560,235 $4,061,099 $2,499,136
2017 $67,358 $6,431,604 $3,981,470 $2,450,134
2016 $61,345 $5,899,000 $2,512,000 $3,387,000
2014 $59,459 $5,670,000 $2,415,000 $3,255,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Robert Lamborn

    Sotheby's International Realty

  • J

    Seller Co-Listing Agent in 2013

    Jennifer Burrows

    Sotheby's International Realty

  • T

    Buyer's Agent in 2013

    Terrence Ryken

    Sotheby's International Realty

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 11-623

Santa Barbara Multiple Listing Service

APN: 063-131-004

California Santa Barbara County Santa Barbara 93110 Hope Ranch

4254 Cresta Ave, Santa Barbara, CA

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