NOT LISTED FOR SALE

521 Toro Canyon Rd Montecito, CA 93108

Toro Canyon Neighborhood

Estimated Value: $3,256,000 - $3,818,000

3 Beds
2.5 Baths
3,000 Sq Ft
$1,182/Sq Ft Est. Value

Last Sold February 03, 2021

Last sale price $2,097,540 $699 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $20,548/month

123 Days on Market

Highlights

  • Ocean View
  • Property is near an ocean
  • Fireplace in Primary Bedroom
  • Spa
  • 1.55 Acre Lot
  • Deck

About This Home

As of February 2021

Escape from city life & find serenity in this enchanting Montecito home set up amongst beautiful century-old oaks & a creek side setting. Privately yet conveniently located just minutes away from the beach & Hwy 101, this property comes with an ocean peak & numerous treetop decks, ideal for relaxing & entertaining. Featuring walls of glass windows & soaring ceilings, this contemporary 3 bed, 3 bath home is built like a fortress. The property enjoys a spacious living room, office, gourmet kitchen with quality appliances, wood floors, 3 fireplaces, beautiful Santa Barbara sandstone, an outdoor hot tub, enchanted gardens, & detached 2-car garage. Whether you're looking for a restful weekend retreat or a spacious cottage, this charming storybook home is ready for a new chapter, featuring you!

Last Agent to Sell the Property

Marsha Kotlyar Estate Group

Berkshire Hathaway HomeServices California Properties License #01426886 Listed on: 09/04/2020

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Chris Gregoire & Real Estate

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 1.55 Acre Lot
  • Level Lot
  • Wooded Lot
  • Property is in excellent condition

Parking

  • Detached Garage

Property Views

  • Ocean
  • Woods

Home Design

  • Tudor Architecture
  • Raised Foundation
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Multiple Fireplaces
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Outdoor Features

  • Spa
  • Property is near an ocean
  • Deck
  • Covered Patio or Porch

Location

  • Property is near park and shops

Schools

  • Summerland Elementary School
  • Carp. Jr. Middle School
  • Carp. Sr. High School

Utilities

  • Forced Air Heating and Cooling System
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 005-050-044

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1998
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level
  • Architectural Style: Tudor
  • Reso Flooring: Wood, Carpet
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1998
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.55
  • NeighborhoodSchools Elementary School: Summerland
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Dining Breakfast Bar2: Yes
  • Laundry Laundry Room2: Yes
  • Fireplace(s) LR: Yes
  • Cooling Central Air: Yes
  • Construction Two Story2: Yes
  • View Wooded3: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Office3: Yes
  • Dining Formal2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Dining Room2: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • GroundsLandscaping Wooded4: Yes
  • WaterSewer Septic In: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • GroundsLandscaping Deck3: Yes
  • ViewOcean: Yes
  • ParkingGarage Detached: Yes
  • FlrWdw Coverings Wood2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Foundation Raised: Yes
  • Rooms:Den: Yes
  • Dining Nook2: Yes
  • Style Tudor2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Primary Bedroom, Family Room, Dining Room, 2+, LR

Exterior Features

  • Roof: Composition
  • View: Ocean, Setting, Wooded
  • Construction Type: Stucco
  • Acres: 1.55
  • Topography: Level
  • Exterior Features: Deck, Patio Covered, SPA-Outside, Wooded
  • Foundation Details: Slab, Raised, Mixed

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2, Detached

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: Summerland
  • High School: Carp. Sr.
  • Middle Or Junior School: Carp. Jr.

Lot Info

  • Parcel #: 005-050-044
  • Zoning: R-1
  • Lot Size Sq Ft: 67518.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2024
Sold by
Thompson Steven D and Thompson Helen L
Bought by
Steven D Thompson & Helen L Thompson Living T and Thompson
Current Estimated Value
$3,546,190

Purchase Details

Listed on
Sep 4, 2020
Closed on
Jan 28, 2021
Sold by
Riley Van and Riley Mary
Bought by
Thompson Steven D and Thompson Helen L
Seller's Agent
Marsha Kotlyar Estate Group
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Chris Gregoire & Real Estate
Compass
List Price
$2,495,000
Sold Price
$2,097,540
Premium/Discount to List
-$397,460
-15.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.29%
Original Mortgage
$660,100
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2003
Sold by
Riley Mary Kay
Bought by
Riley Van and Riley Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
5.96%

Purchase Details

Closed on
Dec 17, 2002
Sold by
Riley Van William
Bought by
Riley Mary Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
5.96%

Purchase Details

Closed on
Sep 6, 1995
Sold by
Coffelt Margaret Ann
Bought by
Riley Van William and Riley Mary Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
7.92%

Purchase Details

Closed on
Jul 6, 1995
Sold by
Parkinson Peter Riley
Bought by
Coffelt Margaret Ann
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Steven D Thompson & Helen L Thompson Living T -- None Listed On Document
Thompson Steven D $2,098,000 Chicago Title Company
Riley Van -- --
Riley Mary Kay -- Chicago Title Co
Riley Van William -- Chicago Title Co
Coffelt Margaret Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thompson Steven D $660,100
Previous Owner Riley Mary Kay $950,000
Previous Owner Riley Van William $256,000
Closed Riley Van William $32,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2021 02/03/21 Sold $2,097,540 -15.9% $699 / Sq Ft
01/05/2021 01/05/21 Pending -- -- --
09/04/2020 09/04/20 For Sale $2,495,000 -- $832 / 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 $23,610 $2,270,442 $1,082,432 $1,188,010
2023 $23,610 $2,182,279 $1,040,400 $1,141,879
2022 $22,932 $2,139,490 $1,020,000 $1,119,490
2021 $10,231 $934,335 $399,028 $535,307
2020 $10,172 $924,756 $394,937 $529,819
2019 $9,640 $906,625 $387,194 $519,431
2018 $9,490 $888,849 $379,602 $509,247
2017 $9,326 $871,421 $372,159 $499,262
2016 $9,166 $854,335 $364,862 $489,473
2015 $9,064 $841,503 $359,382 $482,121
2014 -- $825,020 $352,343 $472,677
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Marsha Kotlyar Estate Group

    Berkshire Hathaway HomeServices California Properties

    (805) 565-4014

    5 in this area

    164 Total Sales

    Marsha Kotlyar Estate Group
    Section Image

  • C

    Buyer's Agent in 2021

    Chris Gregoire & Real Estate

    Compass

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-3513

Santa Barbara Multiple Listing Service

APN: 005-050-044

California Santa Barbara County Montecito 93013 Toro Canyon

521 Toro Canyon Rd, Montecito, CA

Not Listed for Sale

Detached

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