NOT LISTED FOR SALE

487 Monarch Ln Santa Barbara, CA 93108

Estimated Value: $6,036,000 - $8,200,434

3 Beds
3.5 Baths
3,826 Sq Ft
$1,837/Sq Ft Est. Value

Last Sold September 19, 2023

Last sale price $6,000,000 $1,568 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $41,676/month

9 Days on Market

Highlights

  • Fitness Center
  • Gated with Attendant
  • Updated Kitchen
  • Santa Barbara Senior High School Rated A-
  • Property is near an ocean
  • Mountain View

About This Home

As of September 2023

Escape the Everyday! Brimming w character & charm, this Spanish Colonial Casita is privately tucked away in Montecito's gated Ennisbrook community. Surrounded by mature trees & colorful gardens, the residence is light, airy & stylish. Leaning into a life of leisure, the state-of-the-art kitchen opens to the DR & FR & overlooks the gardens & covered patio. A large & dramatic LR greets you as you enter & offers the perfect destination for entertaining. 2 BD suites are on the ground floor & the upper level is the primary suite complete w a sitting area. Montecito's Ennisbrook community has all you need to live your ultimate lifestyle-take a stroll to the community pool, tennis courts, pickle ball courts, club house or picturesque park. You may never want to leave. The wait is over!

Last Agent to Sell the Property

Nancy Kogevinas

Berkshire Hathaway HomeServices California Properties License #01209514 Listed on: 08/28/2023

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Randy Solakian Estates Group

Coldwell Banker Realty License #00622258 / 01895788 / 02066982

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $63,463

Year Built

  • Built in 1991

Lot Details

  • 0.4 Acre Lot
  • Back Yard Fenced
  • Level Lot
  • Irrigation
  • Wooded Lot
  • Lawn
  • Property is in excellent condition

HOA Fees

  • $750 Monthly HOA Fees

Parking

  • Direct Access Garage

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,826 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Sound System
  • Cathedral Ceiling
  • Multiple Fireplaces
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Mountain Views
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Built-In Gas Oven
  • Built-In Gas Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom

Outdoor Features

  • Property is near an ocean
  • Covered Patio or Porch

Location

  • Property is near a park
  • Property is near schools
  • Property is near shops

Schools

  • Mont Union Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 007-540-078

Community Details

Overview

  • 10 Ennisbrook Subdivision

Amenities

  • Restaurant
  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$63,463

Year Built

Built in 1991

Lot Details

0

HOA Fees

$750 per month

Listing Details

  • Association Fee: $750
  • Directions: Jameson Ln to Sheffield Dr, left on Jelinda Dr. Enter Ennisbrook Community, turn right on Meadowbrook Dr, turn left onto Monarch. Property is on the left.
  • Prop. Type: Residential
  • Year Built: 1991
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level
  • ResoSecurityFeatures: Gate:Guard, Smoke Detector(s)
  • Reso Association Amenities: Other, Tennis Court(s), Clubhouse, Pool, Security, Gym
  • Subdivision Name: 10 - Ennisbrook
  • Architectural Style: Other, Spanish
  • Reso Flooring: Hardwood, Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1991
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.4
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Interior Access: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Lawn2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Fireplace(s) LR: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Dining Formal2: Yes
  • Amenities Sound System: Yes
  • Amenities Wet Bar2: Yes
  • Appliances Included Built-In Gas Range: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • GroundsLandscaping Wooded4: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Fenced BCK: Yes
  • AssocPark Amenities Pool4: Yes
  • Style Spanish2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Security GateGuard: Yes
  • AssocPark Amenities Security: Yes
  • AssocPark Amenities Clubhouse: Yes
  • AssocPark Amenities Tennis Court(s)2: Yes
  • AssocPark Amenities Gym: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Built-In Gas Range, Built-In Gas Oven, Tankless Water Heater, Dishwasher
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Primary Bedroom, 2+, LR
  • Other Rooms:Great Room: Yes
  • Appliances Included:Tankless Water Heater: Yes
  • Appliances Included:Built-In Gas Oven: Yes

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Setting
  • Construction Type: Stucco
  • Acres: 0.4
  • Topography: Level
  • Exterior Features: Other, Patio Covered, Lawn, Wooded, Yard Irrigation T/O, Fenced: BCK
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2, Interior Access

Utilities

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

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

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

Schools

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

Lot Info

  • Parcel #: 007-540-078
  • Zoning: R-1
  • Lot Size Sq Ft: 17424.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2023
Closed on
Sep 8, 2023
Sold by
Kring Legacy Trust
Bought by
Fabienne Guerin Trust and Guerin
Seller's Agent
Nancy Kogevinas
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Randy Solakian Estates Group
Coldwell Banker Realty
List Price
$5,300,000
Sold Price
$6,000,000
Premium/Discount to List
$700,000
13.21%
Views
110
Current Estimated Value
$6,715,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$715,216
Avg. Annual Appreciation
4.86%

Purchase Details

Closed on
Nov 3, 2021
Sold by
Bolt Tracy A and Bolt Crystal H
Bought by
Kring Edward and Mahoney Danielle Kring

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,860,000
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 7, 2014
Closed on
Sep 2, 2014
Sold by
Bolt Tracy A and Bolt Crystal H
Bought by
The Bolt Family Irrevocable Trust and Bolt Crystal H
Seller's Agent
Pamela Taylor
Sotheby's International Realty
Buyer's Agent
Natalie Grubb
Village Properties
List Price
$2,849,000
Sold Price
$2,300,000
Premium/Discount to List
-$549,000
-19.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.04%
Original Mortgage
$1,840,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 7, 2014
Closed on
Aug 18, 2014
Sold by
Bendy C Joseph
Bought by
Bolt Tracy A and Bolt Crystal H
Seller's Agent
Pamela Taylor
Sotheby's International Realty
Buyer's Agent
Natalie Grubb
Village Properties
List Price
$2,849,000
Sold Price
$2,300,000
Premium/Discount to List
-$549,000
-19.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,840,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 12, 2006
Sold by
Clute George H and Clute Judith M
Bought by
Bendy C Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,047,500
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2005
Sold by
Clute George H
Bought by
Clute George H and Clute Judith M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2004
Sold by
Clute Judith Margaret
Bought by
Clute George H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$671,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2003
Sold by
Brink Norene F and Ferrero Norene M
Bought by
Clute George H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.96%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 11, 2002
Sold by
Brink Norene F and Brink Jack R
Bought by
Brink Norene F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.99%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 7, 2000
Sold by
Ttees, Platt Fam Rev Tr Platt John Buford Iii
Bought by
Ferrero Norene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.53%

Purchase Details

Closed on
May 3, 1999
Sold by
Platt John B
Bought by
Platt John Buford and Platt Kelly Parks

Purchase Details

Closed on
Mar 11, 1997
Sold by
Platt John B
Bought by
Derick M Christopher and Derick Dana Diehl

Purchase Details

Closed on
Nov 11, 1994
Sold by
Wright Dan B
Bought by
Platt John B and Platt Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,000
Interest Rate
3.75%

Purchase Details

Closed on
Oct 18, 1993
Sold by
Santa Barbara Bank & Trust
Bought by
Wright Dan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,250
Interest Rate
3.87%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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
Fabienne Guerin Trust $6,000,000 Chicago Title Company
Kring Edward $4,500,000 Chicago Title Company
The Bolt Family Irrevocable Trust -- None Available
Bolt Tracy A $2,300,000 Chicago Title Company
Bendy C Joseph -- Lawyers Title Company
Clute George H -- Multiple
Clute George H -- Equity Title Company Santa B
Clute George H -- First American Title
Brink Norene F -- First American Title Ins Co
Ferrero Norene M -- First American Title
Platt John Buford -- --
Derick M Christopher -- First American Title Ins Co
Platt John B $820,000 Chicago Title Insurance Co
Wright Dan B -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kring Edward $2,860,000
Previous Owner Bolt Tracy A $1,840,000
Previous Owner Bendy C Joseph $1,044,000
Previous Owner Bendy C Joseph $2,047,500
Previous Owner Clute George H $680,000
Previous Owner Clute George H $671,000
Previous Owner Clute George H $60,000
Previous Owner Clute George H $650,000
Previous Owner Ferrero Norene M $1,092,000
Previous Owner Brink Norene F $250,000
Previous Owner Ferrero Norene M $200,000
Previous Owner Platt John B $615,000
Previous Owner Wright Dan B $471,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2023 09/19/23 Sold $6,000,000 +13.2% $1,568 / Sq Ft
09/06/2023 09/06/23 Pending -- -- --
08/28/2023 08/28/23 For Sale $5,300,000 0.0% $1,385 / Sq Ft
12/31/2022 12/31/22 Rented $12,500 0.0% --
12/07/2022 12/07/22 For Rent $12,500 0.0% --
08/29/2014 08/29/14 Sold $2,300,000 -19.3% $606 / Sq Ft
08/04/2014 08/04/14 Pending -- -- --
05/22/2013 05/22/13 For Sale $2,849,000 -- $751 / 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 $63,463 $6,120,000 $2,550,000 $3,570,000
2023 $63,463 $4,590,000 $2,040,000 $2,550,000
2022 $48,121 $4,500,000 $2,000,000 $2,500,000
2021 $28,812 $2,635,764 $1,665,483 $970,281
2020 $28,538 $2,608,738 $1,648,406 $960,332
2019 $27,933 $2,557,587 $1,616,085 $941,502
2018 $27,414 $2,507,440 $1,584,398 $923,042
2017 $26,874 $2,458,276 $1,553,332 $904,944
2016 $26,054 $2,410,075 $1,522,875 $887,200
2015 $24,776 $2,300,000 $1,500,000 $800,000
2014 $34,742 $3,260,773 $2,145,980 $1,114,793
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-2545

Santa Barbara Multiple Listing Service

APN: 007-540-078