NOT LISTED FOR SALE

560 Meadow Wood Ln Santa Barbara, CA 93108

Estimated Value: $7,016,000 - $7,983,548

4 Beds
4.5 Baths
5,174 Sq Ft
$1,432/Sq Ft Est. Value

Last Sold June 12, 2020

Last sale price $4,000,000 $773 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $43,926/month

325 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Property is near public transit
  • Wood Flooring
  • Cold Spring Elementary School Rated A
  • Wooded Lot
  • Lawn

About This Home

As of June 2020

Down a quiet lane in the heart of Montecito, this enchanting European Estate awaits. Walking up the stone pathway to the front door, the lush gardens add to the serenity of the home. Upon entering the home the intricate details and high quality finishes, like the distressed oak floors, add to the impressive aesthetic. Whether you are cooking for a large party, or simply whipping up dinner, the kitchen provides ample cooking and entertaining space. The kitchen features granite countertops, updated appliances, walk-in pantry, a large chef's island and opens into the bright family room and outdoor patio. The master suite is its own luxurious retreat, enjoying a large en suite bathroom with spa tub, two walk-in closets, vaulted ceilings and French doors with access to your own private... ... balcony with a hot tub. The storybook charm of this home is heightened by the property's outdoor beauty. Flower vines hug the exterior walls, stone walkways weave through the mature gardens and a picturesque patio offers a cozy outdoor fireplace to enjoy warm Montecito evenings. This magnificent home is private, yet convenient to both Upper and Lower Village, making it a Montecito dream come true.

Last Agent to Sell the Property

Dan Encell

Berkshire Hathaway HomeServices California Properties License #00976141 Listed on: 07/08/2019

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Daniel Encell

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,470

Year Built

  • Built in 1989

Lot Details

  • Wooded Lot
  • Lawn
  • Property is in excellent condition
  • Property is zoned E-1

Parking

  • Garage

Home Design

  • Tri-Level Property
  • Raised Foundation
  • Slate Roof
  • Stucco

Interior Spaces

  • 5,174 Sq Ft Home
  • Multiple Fireplaces
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Library
  • Home Gym
  • Breakfast Area or Nook
  • Wood Flooring
  • Laundry Room
  • Property Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom

Location

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

Schools

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

Utilities

  • Sewer Stub Out

Listing and Financial Details

  • Assessor Parcel Number 011-120-079

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,470

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1989
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Near Public Transit
  • Architectural Style: Other
  • Reso Flooring: Wood
  • Garage Yn: Yes
  • Unit Levels: Tri-Level
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1989
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Cold Spring
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Lawn2: Yes
  • View Setting2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Fireplace(s) LR: Yes
  • WaterSewer Sewer Hookup: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Exercise Room2: Yes
  • Dining Breakfast Area2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Proximity Near Bus: Yes
  • GroundsLandscaping Wooded4: Yes
  • FlrWdw Coverings Wood2: Yes
  • Foundation Raised: Yes
  • Rooms LbryStudy: Yes
  • Roof Slate2: Yes
  • Construction Tri-Level2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Primary Bedroom, Family Room, 2+, LR

Exterior Features

  • Roof: Slate
  • View: Setting
  • Construction Type: Stucco
  • Exterior Features: Lawn, Wooded
  • Foundation Details: Raised

Garage/Parking

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

Utilities

  • Water Source: Mont Wtr

Schools

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

Lot Info

  • Parcel #: 011-120-079
  • Zoning: E-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2019
Closed on
Jun 10, 2020
Sold by
Roney Richard T and Roney Regina H
Bought by
Meadow Wood Lane Llc
Seller's Agent
Dan Encell
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Daniel Encell
Berkshire Hathaway HomeServices California Properties
List Price
$4,300,000
Sold Price
$4,000,000
Premium/Discount to List
-$300,000
-6.98%
Current Estimated Value
$7,408,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,408,137
Avg. Annual Appreciation
12.51%

Purchase Details

Closed on
Jul 26, 2004
Sold by
Meyerstein Arnold H
Bought by
Roney Richard T and Roney Regina H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 27, 2003
Sold by
Seitz Calabasas Investment Co Llc
Bought by
Meyerstein Arnold H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,912,500
Interest Rate
3.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 4, 2003
Sold by
Ragged Inc
Bought by
Seitz Calabasas Investment Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,912,500
Interest Rate
3.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 5, 1999
Sold by
Turner Marshall H and Turner Elizabeth M
Bought by
Ragged Inc
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
Meadow Wood Lane Llc $4,000,000 Chicago Title Company
Roney Richard T -- Chicago Title Company
Meyerstein Arnold H -- Chicago Title Company
Seitz Calabasas Investment Co Llc $115,505 Title Court
Ragged Inc -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roney Richard T $2,500,000
Previous Owner Roney Richard T $2,000,000
Previous Owner Roney Richard T $2,000,000
Previous Owner Meyerstein Arnold H $850,000
Previous Owner Meyerstein Arnold H $1,912,500
Previous Owner Ragged Inc $385,000
Previous Owner Ragged Inc $16,000
Previous Owner Ragged Inc $75,000
Previous Owner Ragged Inc $1,560,000
Previous Owner Ragged Inc $200,000
Previous Owner Ragged Inc $60,000
Previous Owner Ragged Inc $300,000
Previous Owner Ragged Inc $1,150,000
Previous Owner Turner Marshall H $1,000,000
Closed Roney Richard T $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2020 06/12/20 Sold $4,000,000 -7.0% $773 / Sq Ft
05/28/2020 05/28/20 Pending -- -- --
07/08/2019 07/08/19 For Sale $4,300,000 -- $831 / 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 $46,470 $4,374,582 $984,280 $3,390,302
2023 $46,470 $4,204,713 $946,060 $3,258,653
2022 $44,968 $4,122,268 $927,510 $3,194,758
2021 $44,046 $4,041,440 $909,324 $3,132,116
2020 $43,244 $4,000,000 $900,000 $3,100,000
2019 $50,697 $4,714,384 $2,749,049 $1,965,335
2018 $35,182 $3,227,380 $1,751,843 $1,475,537
2017 $48,815 $4,531,326 $2,642,301 $1,889,025
2016 $47,344 $4,442,478 $2,590,492 $1,851,986
2014 $45,895 $4,290,036 $2,501,600 $1,788,436
Source: Public Records

Agents Affiliated with this Home

  • Dan Encell

    Seller's Agent in 2020

    Dan Encell

    Berkshire Hathaway HomeServices California Properties

    (805) 677-2013

    43 in this area

    121 Total Sales

    Dan Encell
    Section Image

  • D

    Buyer's Agent in 2020

    Daniel Encell

    Berkshire Hathaway HomeServices California Properties

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-2365

Santa Barbara Multiple Listing Service

APN: 011-120-079

California Santa Barbara County Santa Barbara 93108

560 Meadow Wood Ln, Santa Barbara, CA

This home is located at 560 Meadow Wood Ln, Santa Barbara, CA 93108 since 08 July 2019 and is currently estimated at $7,408,137, approximately $1,431 per square foot. This property was built in 1989. 560 Meadow Wood Ln is a home located in Santa Barbara County with nearby schools including Cold Spring Elementary School, Santa Barbara Junior High School, and Santa Barbara Senior High School.

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