NOT LISTED FOR SALE

Estimated Value: $3,610,000 - $5,902,023

6 Beds
4 Baths
4,343 Sq Ft
$1,123/Sq Ft Est. Value

Sale Details

Date Sold: January 22, 2021

Last sale price $3,350,000 $771 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $29,329 / mo

35 Days on Market

Highlights

  • Guest House
  • Art Studio
  • Sauna
  • Cold Spring Elementary School Rated A+
  • Spa
  • Updated Kitchen

About This Home

As of January 2021

As you enter through the gate of this incredible Mediterranean estate, you will fall in love with the privacy and expansiveness of this special Montecito property. Situated on a magical 1-acre parcel in the sought-after Cold Springs School area, this stunning property features a large main house plus a detached guest house, creating endless possibilities. The main house features a total of 6 bedrooms and 4 full baths -- with 2 bedrooms/1 bath in a separate wing with a kitchen. There is also a completely separate and extremely charming 1 bed/1 bath guesthouse, complete with its own full kitchen, laundry, private outdoor patio and parking. The main house boasts an elegant great room, featuring an updated chef's kitchen with high-end appliances, dining room, and an expansive family room with gorgeous vaulted ceilings and a fireplace. Bathed in sunlight, the huge upstairs master suite boasts soaring vaulted ceilings, two walk-in closets, fireplace, wet bar, separate office/sitting room, two balconies, and spa-like master bathroom with a steam shower and heated floors.

Multiple sets of sliding glass doors open up to the lush outside entertaining area, making you feel as though you are at your own private resort -- complete with pool, spa, sauna, outdoor shower, built-in gas barbecue, and pergola. Perfect for dual-living or a multi-generational compound, this amazing property also features a 3-car garage, two zones for heat and A/C, numerous outside spaces, an abundance of fruit trees, and plenty of room for additional cars, a boat, or an RV.

Last Agent to Sell the Property

Randy Freed & Kellie Clenet

Berkshire Hathaway HomeServices California Properties Listed on: 10/13/2020

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Randy Freed & Kellie Clenet

Berkshire Hathaway HomeServices California Properties Listed on: 10/13/2020

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979

Lot Details

  • 1 Acre Lot
  • Back Yard Fenced
  • Fruit Trees
  • Lawn
  • Property is in excellent condition

Parking

  • Direct Access Garage

Property Views

  • Peek-A-Boo
  • Mountain

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,343 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • Multiple Fireplaces
  • Double Pane Windows
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Library
  • Art Studio
  • Sauna
  • Fire and Smoke Detector

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Stove
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom
  • Guest Quarters
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Patio
  • Shed
  • Built-In Barbecue

Schools

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

Additional Features

  • Solar Water Heater
  • Guest House
  • Property is near park and schools
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 013-170-021

Home Details

Home Type

Single Family

Year Built

Built in 1979

Lot Details

1 Acres

Listing Details

  • Prop. Type: Residential
  • Year Built: 1979
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoSecurityFeatures: Smoke Detector(s)
  • Architectural Style: Medit
  • Reso Flooring: Hardwood, Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1979
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.0
  • 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 ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Breakfast Bar2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: 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 Range2: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • Property Information Main House SqFt: 4343.0
  • Construction Two Story2: Yes
  • ParkingGarage Gar #33: Yes
  • GroundsLandscaping Sauna3: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • Rooms Art Studio2: Yes
  • Rooms Office3: Yes
  • Amenities Guest House2: Yes
  • Amenities Guest Quarters2: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Fireplace(s):_two_3: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Hot Tub2: Yes
  • Other Buildings Shed: Yes
  • GroundsLandscaping Fenced BCK: Yes
  • Style Medit2: Yes
  • Rooms LbryStudy: Yes
  • View PartialFiltered2: Yes
  • Appliances Included Solar Hot Wtr: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Dishwasher, Disposal, Dryer, Gas Stove, Solar Hot Wtr, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Fireplace Features: Primary Bedroom, 2, LR
  • Total Bedrooms: 19

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Setting, Partial/Filtered
  • Construction Type: Stucco
  • Acres: 1.0
  • Exterior Features: Pool, Patio Open, SPA-Outside, Hot Tub, Sauna, Lawn, Fruit Trees, Fenced: BCK
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #3, Interior Access, Attached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

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

Lot Info

  • Parcel #: 013-170-021
  • Zoning: R-1
  • Lot Size Sq Ft: 43560.0
  • 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 13, 2020
Closed on
Jan 7, 2021
Sold by
Bought by
Seller's Agent
Randy Freed & Kellie Clenet
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Randy Freed & Kellie Clenet
Berkshire Hathaway HomeServices California Properties
List Price
$3,995,000
Sold Price
$3,350,000
Premium/Discount to List
-$645,000
-16.15%
Current Estimated Value
$4,876,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,526,506
Avg. Annual Appreciation
7.13%
Original Mortgage
$2,680,000
Outstanding Balance
$2,386,427
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$2,490,079

Purchase Details

Listed on
Oct 13, 2020
Closed on
Dec 16, 2020
Sold by
Bought by
Seller's Agent
Randy Freed & Kellie Clenet
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Randy Freed & Kellie Clenet
Berkshire Hathaway HomeServices California Properties
List Price
$3,995,000
Sold Price
$3,350,000
Premium/Discount to List
-$645,000
-16.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,680,000
Outstanding Balance
$2,386,427
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$2,490,079

Purchase Details

Closed on
Jan 29, 2018
Sold by
Bought by

Purchase Details

Closed on
Dec 21, 1999
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
$650,000
Interest Rate
3.95%

Purchase Details

Closed on
Sep 23, 1998
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
$150,000
Interest Rate
6.88%
Mortgage Type
Balloon
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

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
-- First American Title Company
$3,350,000 First American Title Company
-- Fntg
-- First American Title
-- Equity Title Company
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 $2,680,000
Previous Owner $650,000
Previous Owner $150,000
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
01/22/2021 01/22/21 Sold $3,350,000 -16.1% $771 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
10/13/2020 10/13/20 For Sale $3,995,000 0.0% $920 / Sq Ft
05/22/2018 05/22/18 Rented $13,000 0.0% --
05/22/2018 05/22/18 Under Contract -- -- --
03/04/2018 03/04/18 For Rent $13,000 +30.0% --
08/05/2014 08/05/14 Rented $10,000 0.0% --
08/05/2014 08/05/14 Under Contract -- -- --
07/08/2014 07/08/14 For Rent $10,000 -- --
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
2025 $37,717 $3,626,145 $1,298,917 $2,327,228
2023 $37,027 $3,485,340 $1,248,480 $2,236,860
2022 $35,690 $3,417,000 $1,224,000 $2,193,000
2021 $12,969 $1,238,660 $492,093 $746,567
2020 $12,743 $1,225,960 $487,048 $738,912
2019 $12,582 $1,201,923 $477,499 $724,424
2018 $12,335 $1,178,357 $468,137 $710,220
2017 $12,053 $1,155,253 $458,958 $696,295
2016 $11,736 $1,132,602 $449,959 $682,643
2014 $11,417 $1,093,739 $434,520 $659,219
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-4013

Santa Barbara Multiple Listing Service

APN: 013-170-021

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