NOT LISTED FOR SALE

491 Live Oaks Rd Santa Barbara, CA 93108

Estimated Value: $6,296,000 - $8,373,000

5 Beds
4.5 Baths
2,915 Sq Ft
$2,506/Sq Ft Est. Value

Last Sold November 21, 2014

Last sale price $2,675,000 $918 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $41,738/month

417 Days on Market

Highlights

  • Pool House
  • Updated Kitchen
  • Fruit Trees
  • Santa Barbara Senior High School Rated A-
  • Reverse Osmosis System
  • Mountain View

About This Home

As of November 2014

This tropical oasis is a hidden gem on a private lane in the heart of Montecito. With 5 bedrooms, 4.5 bathroom the home features an open and spacious floor plan. Lush, private gardens surround a beautiful pool, spa, fountains, BBQ cooking center, koi pond and entertainment area. Gated entry to 3-car garage, seperate cabana and room for a tennis court.

Last Agent to Sell the Property

Barbara Koutnik

Coldwell Banker Realty Listed on: 12/09/2013

Last Buyer's Agent

Josiah Hamilton

Berkshire Hathaway HomeServices California Properties License #01415235

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,054

Year Built

  • Built in 1974

Lot Details

  • Cul-De-Sac
  • Gated Home
  • Level Lot
  • Fruit Trees
  • Lawn
  • Property is in excellent condition

Parking

  • Attached Garage

Home Design

  • Slab Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Multiple Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Library
  • Loft
  • Game Room
  • Mountain Views

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Double Oven
  • Stove
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Reverse Osmosis System

Flooring

  • Wood
  • Carpet
  • Laminate
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom

Laundry

  • Laundry in Garage
  • Dryer
  • Washer
  • 220 Volts In Laundry

Home Security

  • Monitored
  • Intercom
  • Fire and Smoke Detector

Accessible Home Design

  • Stepless Entry

Pool

  • Pool House
  • Outdoor Pool

Outdoor Features

  • Deck
  • Patio
  • Gazebo
  • Shed
  • Built-In Barbecue

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Underground Utilities
  • Tankless Water Heater
  • Sewer Stub Out
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Chandelier
  • Assessor Parcel Number 007-410-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,054

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1974
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: 220V Elect, In Garage
  • ResoLotFeatures: Level, Cul-De-Sac, Near Public Transit
  • ResoSecurityFeatures: Monitored, Gate:Elec, Security System, Fire Alarm, Smoke Detector(s)
  • Architectural Style: Other
  • Reso Flooring: Laminate, Wood, Carpet, Marble, Tile
  • Garage Yn: Yes
  • Unit Levels: Entry Lvl(No Stairs), Two
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1974
  • Property Information Total #Units: 1
  • 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
  • Site Improvements Underground Util: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Construction Entry Lvl(No Stairs)2: Yes
  • Foundation:Slab: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: 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
  • Amenities Dual Pane Window2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: 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
  • Security GateElec: Yes
  • Security Smoke Detector(s)2: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Tile3: Yes
  • FlrWdw Coverings Marble2: Yes
  • Construction Two Story2: Yes
  • ParkingGarage Gar #33: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • Proximity Near Shopping2: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Amenities Wet Bar2: Yes
  • Appliances Included Rev Osmosis2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Gas8: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Deck3: Yes
  • Other Buildings Shed: Yes
  • Laundry In Garage2: Yes
  • Security Fire Alarm2: Yes
  • FlrWdw Coverings Laminate2: Yes
  • Laundry:_two_20V Elect2: Yes
  • Site Improvements Cable TV3: Yes
  • LocationTopo Cul-De-Sac2: Yes
  • FlrWdw Coverings Wood2: Yes
  • Pets Yes: Yes
  • Rooms LbryStudy: Yes
  • GroundsLandscaping Gazebo2: Yes
  • Cooling Ceiling Fan(s): Yes
  • Security Monitored2: Yes
  • Rooms Game Room3: Yes
  • Rooms Loft2: Yes
  • GroundsLandscaping Pool House2: Yes
  • Appliances Included Intercom2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Trash Compactor, Refrigerator, Tankless Water Heater, Dishwasher, Double Oven, Dryer, Gas Stove, Intercom, Microwave, Rev Osmosis, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Primary Bedroom, Family Room, 2+, Gas, LR
  • Total Bedrooms: 14
  • Appliances Included:Tankless Water Heater: Yes
  • Appliances Included:Double Oven2: Yes
  • Appliances Included:Trash Compactor2: Yes

Exterior Features

  • Roof: Metal
  • View: Mountain(s), Setting
  • Construction Type: Wood Siding
  • Topography: Level
  • Exclusions: Chandelier
  • Exterior Features: Pool, Pool House, Deck, Patio Open, Gazebo, Lawn, Fruit Trees, Fenced: ALL
  • Foundation Details: Slab
  • ConstructionSiding:Roof Metal: Yes

Garage/Parking

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

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Utilities: Underground Util
  • Water Source: Mont Wtr
  • Heating:Forced Air: 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 #: 007-410-002
  • Zoning: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2022
Sold by
Smith and Tanja
Bought by
Smith David and Smith Tanja
Current Estimated Value
$7,305,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Outstanding Balance
$1,145,301
Interest Rate
2.35%
Mortgage Type
New Conventional
Estimated Equity
$6,160,434

Purchase Details

Listed on
Dec 9, 2013
Closed on
Oct 6, 2014
Sold by
Litchfield Daniel F and Litchfield Jane D
Bought by
Smith David and Smith Tanja
Seller's Agent
Barbara Koutnik
Coldwell Banker Realty
Buyer's Agent
Josiah Hamilton
Berkshire Hathaway HomeServices California Properties
List Price
$3,650,000
Sold Price
$2,675,000
Premium/Discount to List
-$975,000
-26.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.66%
Original Mortgage
$1,000,000
Interest Rate
2.4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 17, 1993
Sold by
Litchfield Daniel F and Litchfield Jane D
Bought by
Litchfield Daniel F and Litchfield Jane D
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
Smith David -- Wfg National Title
Smith David $2,675,000 First American Title Company
Litchfield Daniel F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith David $1,250,000
Previous Owner Smith David $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2014 11/21/14 Sold $2,675,000 -26.7% $918 / Sq Ft
10/27/2014 10/27/14 Pending -- -- --
09/05/2013 09/05/13 For Sale $3,650,000 -- $1,252 / 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 $36,054 $3,400,635 $2,523,882 $876,753
2023 $36,054 $3,268,586 $2,425,878 $842,708
2022 $34,858 $3,204,497 $2,378,312 $826,185
2021 $34,150 $3,141,665 $2,331,679 $809,986
2020 $33,828 $3,109,452 $2,307,771 $801,681
2019 $32,969 $3,048,483 $2,262,521 $785,962
2018 $32,383 $2,988,709 $2,218,158 $770,551
2017 $31,293 $2,885,108 $2,174,665 $710,443
2016 $29,186 $2,715,793 $2,132,025 $583,768
2014 $3,344 $215,967 $58,978 $156,989
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 13-2874

Santa Barbara Multiple Listing Service

APN: 007-410-002