J
Seller's Agent in 2023
Joy Bean
Sotheby's International Realty
(805) 895-1422
1 in this area
10 Total Sales
504 E Valerio St Santa Barbara, CA 93103
Lower Riviera NeighborhoodEstimated Value: $4,311,000 - $5,202,000
6
Beds
5
Baths
4,181
Sq Ft
$1,156/Sq Ft
Est. Value
Highlights
- Attached Guest House
- Property is near an ocean
- Craftsman Architecture
- Santa Barbara Senior High School Rated A-
- Reverse Osmosis System
- Maid or Guest Quarters
About This Home
As of July 2023Savor the quintessential Santa Barbara lifestyle where modern luxury meets tradition in the heart of the city. Gracefully sited on an elevated corner in the prestigious Upper East neighborhood, this completely rebuilt architectural gem offers the perfect blend of old-world charm with impeccable design and a carefree, comfortable style for luxurious downtown living.
Renowned architect, Peter Becker, reimagined the circa-1905 Craftsman home from the rafters on down to its foundation. And, with the meticulous expertise of Arnold Brothers Construction, the expansion, modernization, and artistic rebuild was completed in 2017. The results are stunning; it's a custom turnkey home of unparalleled quality.
Located in a premier location a few short blocks to the vibrant downtown Theater/Arts district, parks, top-rated schools, shopping, dining, and the Old Mission, this elegant reimagining of a classic design is warm, inviting, and filled with natural light. 4100+ square feet of expansive living space are perfectly laid out primarily on a single level. In total, there are six bedrooms and five baths. The downstairs level features a newly completed one-bedroom accessory dwelling unit with a private entrance ideal for extended family, office use, or added income.
In a nod to its early turn-of-the-century heritage, this charming residence showcases a formal entry hall, gracious living room, and a separate dining room with period features including a fireplace, built-in seating and cabinetry, beamed ceilings, wainscoting, and a sun-drenched bay window. Timeless design is perfectly paired with thoughtful modern amenities including an open concept chef's kitchen with adjacent family room, vaulted skylit ceilings, wide oak flooring throughout, and flawless designer finishes. The home is beautifully conceived for contemporary living both inside and outside. A south-facing rear terrace leads to a serene, private garden below with inviting outdoor living spaces - the perfect setting for gatherings large and small, and your own private oasis.
If desired, the home's collection of furnishings is available for purchase. All told, this modern recreation of a classic architectural design captivates with timeless details, impeccable quality and elevated style in the heart of Santa Barbara. It is indeed a rare opportunity not to be missed.
Last Agent to Sell the Property
Sotheby's International Realty License #00925828 Listed on: 03/08/2023
Last Buyer's Agent
Adam McKaig
Sotheby's International Realty
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $48,055
Year Built
- Built in 1905
Lot Details
- 10,454 Sq Ft Lot
- Partially Fenced Property
- Corner Lot
- Irrigation
- Lawn
- Drought Tolerant Landscaping
- Property is in excellent condition
- Property is zoned R-2
Parking
- Garage
Home Design
- Craftsman Architecture
- Split Level Home
- Raised Foundation
- Composition Roof
- Wood Siding
Interior Spaces
- 4,181 Sq Ft Home
- Wet Bar
- Skylights
- Multiple Fireplaces
- Plantation Shutters
- Blinds
- Family Room with Fireplace
- Living Room with Fireplace
- Dining Room with Fireplace
- Formal Dining Room
- Library
- Property Views
Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Gas Range
- Microwave
- Dishwasher
- Disposal
- Reverse Osmosis System
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 6 Bedrooms
- Main Floor Bedroom
- Maid or Guest Quarters
- 5 Full Bathrooms
Laundry
- Laundry Room
- Gas Dryer Hookup
Home Security
- Fire and Smoke Detector
- Fire Sprinkler System
Outdoor Features
- Property is near an ocean
- Deck
Additional Homes
- Attached Guest House
- Number of ADU Units: 1
- ADU built in 2018
- ADU includes 1 Bedroom and 1 Bathroom
- Kitchen Sink
- Range Cooktop
- Refrigerator
Location
- Ground Level Unit
- Property is near a park
- Property is near public transit
- Property near a hospital
- Property is near schools
- Property is near shops
- Property is near a bus stop
- City Lot
Schools
- Roosevelt Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Utilities
- Forced Air Heating and Cooling System
- Water Softener is Owned
- Sewer Stub Out
- Cable TV Available
Community Details
- 15 Upper Eastside Subdivision
- Restaurant
Listing and Financial Details
- Exclusions: Mirror
- Assessor Parcel Number 027-132-001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 8, 2023
Closed on
Jul 10, 2023
Sold by
Douglas Kahn 2020 Revocable Trust
Bought by
Eric And Alice Cox Revocable Living Trust and Cox
Seller's Agent
Joy Bean
Sotheby's International Realty
Buyer's Agent
Adam McKaig
Sotheby's International Realty
List Price
$5,450,000
Sold Price
$4,550,000
Premium/Discount to List
-$900,000
-16.51%
Views
172
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,306
Avg. Annual Appreciation
2.28%
Purchase Details
Closed on
Nov 20, 2020
Sold by
Kahn Douglas
Bought by
Kahn Douglas and The Douglas Kahn 2020 Revocabl
Purchase Details
Listed on
Nov 30, 2017
Closed on
Nov 22, 2017
Sold by
Purdy Daniel C and Purdy Meg N
Bought by
Kahn Douglas
Seller's Agent
Dore & O'Neill
Village Properties
Buyer's Agent
Joy Bean
Sotheby's International Realty
List Price
$3,150,000
Sold Price
$3,025,000
Premium/Discount to List
-$125,000
-3.97%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.07%
Purchase Details
Listed on
Oct 31, 2014
Closed on
Oct 10, 2014
Sold by
Behrendtsen Ole
Bought by
Daniel & Meg Purdy Living Trust and Purdy Meg N
Seller's Agent
Daniel Beightol
Sun Coast Real Estate
Buyer's Agent
Dore & O'Neill
Sotheby's International Realty
List Price
$1,119,000
Sold Price
$1,100,000
Premium/Discount to List
-$19,000
-1.7%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.59%
Original Mortgage
$880,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jul 11, 2014
Sold by
Behrendtsen Kim
Bought by
Behrendtsen Ole
Purchase Details
Closed on
Jul 30, 2010
Sold by
Carrera Sidney C
Bought by
Behrendtsen Ole and Behrendtsen Kim
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
4.51%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 9, 2002
Sold by
Carrera Sidney C and Hanley Carrera Carol Ann
Bought by
Carrera Sidney C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.06%
Mortgage Type
Credit Line Revolving
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Eric And Alice Cox Revocable Living Trust | $4,550,000 | Chicago Title Company | |
| Kahn Douglas | -- | None Available | |
| Kahn Douglas | $3,025,000 | Fidelity National Title Co | |
| Daniel & Meg Purdy Living Trust | $1,100,000 | Fidelity National Title Co | |
| Behrendtsen Ole | -- | None Available | |
| Behrendtsen Ole | $900,000 | Fidelity National Title Co | |
| Carrera Sidney C | -- | Fidelity National Title Co | |
| Carrera Sidney C | -- | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Purdy Daniel C | $1,987,500 | |
| Previous Owner | Daniel & Meg Purdy Living Trust | $880,000 | |
| Previous Owner | Behrendtsen Ole | $720,000 | |
| Previous Owner | Carrera Sidney Charles | $65,000 | |
| Previous Owner | Carrera Sidney C | $178,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2023 07/18/23 | Sold | $4,550,000 | -7.1% | $1,088 / Sq Ft |
| 06/23/2023 06/23/23 | Pending | -- | -- | -- |
| 06/05/2023 06/05/23 | Price Changed | $4,900,000 | -10.1% | $1,172 / Sq Ft |
| 03/08/2023 03/08/23 | For Sale | $5,450,000 | +80.2% | $1,304 / Sq Ft |
| 12/04/2017 12/04/17 | Sold | $3,025,000 | -4.0% | $1,228 / Sq Ft |
| 12/02/2017 12/02/17 | Pending | -- | -- | -- |
| 11/30/2017 11/30/17 | For Sale | $3,150,000 | +186.4% | $1,279 / Sq Ft |
| 10/31/2014 10/31/14 | Sold | $1,100,000 | -1.7% | $447 / Sq Ft |
| 10/31/2014 10/31/14 | Pending | -- | -- | -- |
| 10/31/2014 10/31/14 | For Sale | $1,119,000 | -- | $454 / Sq Ft |
Source: Santa Barbara Multiple Listing Service
Tax History Compared to Growth
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 | $48,055 | $2,728,902 | $2,019,221 | $709,681 |
| 2023 | $48,055 | $3,329,721 | $1,203,009 | $2,126,712 |
| 2022 | $34,607 | $3,264,433 | $1,179,421 | $2,085,012 |
| 2021 | $33,814 | $3,200,426 | $1,156,296 | $2,044,130 |
| 2020 | $33,466 | $3,167,610 | $1,144,440 | $2,023,170 |
| 2019 | $32,882 | $3,105,500 | $1,122,000 | $1,983,500 |
| 2018 | $32,207 | $3,025,000 | $1,100,000 | $1,925,000 |
| 2017 | $11,705 | $1,109,865 | $724,888 | $384,977 |
| 2016 | $11,752 | $1,116,775 | $710,675 | $406,100 |
| 2015 | $11,624 | $1,100,000 | $700,000 | $400,000 |
| 2014 | $9,988 | $940,610 | $679,330 | $261,280 |
Source: Public Records
Agents Affiliated with this Home
-
Joy Bean
-
A
Buyer's Agent in 2023
Adam McKaig
Sotheby's International Realty
-
A
Buyer's Agent in 2023
Adam Mc Kaig
Pitts & Bachmann Realtors
-
D
Seller's Agent in 2017
Dore & O'Neill
Village Properties
-
Daniel Beightol
Seller's Agent in 2014
Daniel Beightol
Sun Coast Real Estate
(805) 895-1709
28 Total Sales
-
D
Buyer's Agent in 2014
Dore & O'Neill
Sotheby's International Realty
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 23-604
APN: 027-132-001
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