M
Seller's Agent in 2021
Maureen McDermut
Sotheby's International Realty
(805) 570-5545
27 in this area
89 Total Sales
610 Olive Rd Santa Barbara, CA 93108
Estimated Value: $5,798,000 - $9,634,759
5
Beds
4
Baths
2,636
Sq Ft
$3,167/Sq Ft
Est. Value
Highlights
- Guest House
- Spa
- Updated Kitchen
- Santa Barbara Senior High School Rated A-
- Property is near an ocean
- Reverse Osmosis System
About This Home
As of October 2021Welcome to your own private San Ysidro Ranch style estate. This exemplary Montecito home was extensively remodeled in 2012 with the highest caliber materials and finishes, many of which were custom made for the home. This includes custom lighting and chandeliers. You are greeted by a circular stone paved motor court as you enter the gates of this beautiful .82 acres of manicured property, featuring mature oaks, roses, lavender, and a beautiful pond with goldfish and turtles. The enchanting grounds extend as far as the eye can see with the main residence and heated pool and spa to the west, and guest house and detached garage to the east side of the property. The main homestead encompasses 3 bd, 3 ba with French doors and bay windows that gaze upon the surrounding grounds. The kitchen features natural Quartz countertops, Alabaster backsplash, custom cabinetry, Miele appliances, and architectural paneled doors and windows that can close off the kitchen for catering or privacy. The open living space features a wet bar, a high ceiling with architectural beams, fireplace, and great views of the back yard. Enjoy meals in the formal dining room adjacent to the outdoor space featuring a tranquil water feature.
The guest house features a lovely open living area, custom wet bar and billiard table, stunning herringbone patterned wood floors and a high ceiling. The sleek design of the bathroom with marble finishes will surely impress. The larger guest bedroom has a beautiful view of the grounds with French doors leading to a small patio and path to the backyard and pool. Located in the back yard is a separate built out fully finished "zen room" with electric hookups.
This Montecito Jewel Box is fantastically located, adjacent to Birnam Wood Golf Course, near the upper village, Butterfly Beach, and situated in the desirable Montecito Union school district.
This property has an extensive smart home security system and detached two car garage. The attention to detail in this home is unparalleled.
Last Agent to Sell the Property
Sotheby's International Realty License #01175027 Listed on: 08/17/2021
Last Buyer's Agent
Sotheby's International Realty License #01175027 Listed on: 08/17/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $80,088
Year Built
- Built in 1964
Lot Details
- 0.82 Acre Lot
- Gated Home
- Corner Lot
- Level Lot
- Irrigation
- Lawn
- Drought Tolerant Landscaping
- Property is in excellent condition
Home Design
- Cottage
- Raised Foundation
- Slab Foundation
- Composition Roof
Interior Spaces
- 2,636 Sq Ft Home
- 1-Story Property
- Wet Bar
- Central Vacuum
- Cathedral Ceiling
- Multiple Fireplaces
- Double Pane Windows
- Family Room
- Living Room with Fireplace
- Formal Dining Room
- Home Gym
- Mountain Views
- Finished Attic
Kitchen
- Updated Kitchen
- Breakfast Bar
- Built-In Oven
- Built-In Range
- Stove
- Microwave
- Dishwasher
- Disposal
- Reverse Osmosis System
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Remodeled Bathroom
- Maid or Guest Quarters
- 4 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
- 220 Volts In Laundry
Home Security
- Monitored
- Fire and Smoke Detector
Parking
- Detached Garage
- Open Parking
Pool
- Spa
- Outdoor Pool
Outdoor Features
- Property is near an ocean
- Deck
- Fireplace in Patio
- Patio
- Shed
- Built-In Barbecue
Additional Homes
- Guest House
Location
- 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
Schools
- Mont Union Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Utilities
- Forced Air Heating and Cooling System
- Water Softener is Owned
Listing and Financial Details
- Assessor Parcel Number 007-140-043
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 17, 2021
Closed on
Sep 24, 2021
Sold by
Wasserman Gail B
Bought by
805 Collective Llc
Seller's Agent
Maureen McDermut
Sotheby's International Realty
Buyer's Agent
Maureen McDermut
Sotheby's International Realty
List Price
$8,950,000
Sold Price
$7,450,000
Premium/Discount to List
-$1,500,000
-16.76%
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
$1,007,254
Avg. Annual Appreciation
2.15%
Purchase Details
Closed on
Feb 17, 2017
Sold by
Lee Richard W
Bought by
Wasserman Gail B
Purchase Details
Listed on
Jun 21, 2012
Closed on
Aug 14, 2012
Sold by
Ford Richard F and Ford Katherine G
Bought by
Wasserman Gail B
Seller's Agent
David Kent
Sotheby's International Realty
Buyer's Agent
Maureen McDermut
Sotheby's International Realty
List Price
$2,295,000
Sold Price
$2,100,000
Premium/Discount to List
-$195,000
-8.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.93%
Original Mortgage
$1,014,616
Interest Rate
3.56%
Mortgage Type
Unknown
Purchase Details
Closed on
Feb 13, 2007
Sold by
Ware Holdings Lp
Bought by
Ford Richard F and Ford Katherine G
Purchase Details
Closed on
Dec 22, 2004
Sold by
Greenwald Louis Roy
Bought by
Ware Holdings Lp
Purchase Details
Closed on
Apr 4, 2002
Sold by
Clark Barbara A and Clark William M
Bought by
Greenwald Louis Roy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$808,500
Interest Rate
8.77%
Mortgage Type
Unknown
Purchase Details
Closed on
Mar 26, 2002
Sold by
Clark Barbara A and Clark William M
Bought by
Greenwald Louis Roy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$808,500
Interest Rate
8.77%
Mortgage Type
Unknown
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 |
|---|---|---|---|
| 805 Collective Llc | $7,450,000 | Chicago Title Company | |
| Wasserman Gail B | -- | Accommodation | |
| Wasserman Gail B | $2,100,000 | Chicago Title Company | |
| Ford Richard F | -- | Chicago Title Company | |
| Ware Holdings Lp | -- | First American Title Company | |
| Greenwald Louis Roy | -- | Lawyers Title Company | |
| Greenwald Louis Roy | -- | Lawyers Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Wasserman Gail B | $1,014,616 | |
| Previous Owner | Ford Richard F | $2,240,000 | |
| Previous Owner | Greenwald Louis Roy | $200,000 | |
| Previous Owner | Greenwald Louis Roy | $1,000,000 | |
| Previous Owner | Greenwald Louis Roy | $60,616 | |
| Previous Owner | Greenwald Louis Roy | $808,500 | |
| Previous Owner | Greenwald Louis Roy | $808,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/22/2021 10/22/21 | Sold | $7,450,000 | -16.8% | $2,826 / Sq Ft |
| 08/31/2021 08/31/21 | Pending | -- | -- | -- |
| 08/17/2021 08/17/21 | For Sale | $8,950,000 | +326.2% | $3,395 / Sq Ft |
| 08/17/2012 08/17/12 | Sold | $2,100,000 | -8.5% | $1,027 / Sq Ft |
| 07/25/2012 07/25/12 | Pending | -- | -- | -- |
| 06/21/2012 06/21/12 | For Sale | $2,295,000 | -- | $1,122 / 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 | $80,088 | $7,905,999 | $3,714,228 | $4,191,771 |
| 2023 | $80,088 | $7,599,000 | $3,570,000 | $4,029,000 |
| 2022 | $77,202 | $7,450,000 | $3,500,000 | $3,950,000 |
| 2021 | $27,747 | $2,667,831 | $1,603,429 | $1,064,402 |
| 2020 | $27,469 | $2,640,476 | $1,586,988 | $1,053,488 |
| 2019 | $26,746 | $2,588,703 | $1,555,871 | $1,032,832 |
| 2018 | $26,253 | $2,537,945 | $1,525,364 | $1,012,581 |
| 2017 | $25,807 | $2,488,182 | $1,495,455 | $992,727 |
| 2016 | $24,516 | $2,384,493 | $1,466,329 | $918,164 |
| 2014 | $21,964 | $2,123,534 | $1,411,356 | $712,178 |
Source: Public Records
Agents Affiliated with this Home
-
-
D
Seller's Agent in 2012
David Kent
Sotheby's International Realty
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 21-3102
APN: 007-140-043
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