NOT LISTED FOR SALE

Estimated Value: $1,868,679 - $2,126,000

2 Beds
1 Bath
926 Sq Ft
$2,102/Sq Ft Est. Value

Sale Details

Date Sold: May 11, 2020

Last sale price $925,000 $999 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $11,359 / mo

230 Days on Market

Highlights

  • Mountain View
  • Cottage
  • 1-Story Property
  • Santa Barbara Senior High School Rated A-
  • Separate Outdoor Workshop
  • Level Lot

About This Home

As of May 2020

Great opportunity to purchase a huge lot (14,810 sq ft) on a quiet cul-de-sac street in Montecito. The lot is approximately 100 feet wide by 145 feet long, and has ample room to build your dream home, or do a major renovation on the existing 2-bedroom structure. The large lot features mature avocado and lemon trees, as well as an outdoor fireplace and fabulous mountain views. There is also a detached shop which offers ample storage or work space. The Upper Village of Montecito is only 6 minutes down the road and features great dining and shopping. Property is not in the red zone, and is being sold ''as is''

Last Agent to Sell the Property

Dennis Allan

Allan Real Estate Investments License #00961923 Listed on: 04/21/2020

Last Buyer's Agent

Janine Huarte

Sotheby's International Realty

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 Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 14,810 Sq Ft Lot
  • Level Lot
  • Property is in below average condition
  • Property is zoned E-1

Home Design

  • Cottage
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 926 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Mountain Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Separate Outdoor Workshop

Schools

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

Utilities

  • Heating System Mounted To A Wall or Window
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 007-162-017

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0.34 Acres

Listing Details

  • Directions: East on Orchard from East Valley Road
  • Prop. Type: Residential
  • Year Built: 1948
  • Reso Property Sub Type: Home/Estate
  • ResoLotFeatures: Level
  • Architectural Style: Cal Cottage
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Other Structures: Work Shop
  • Reso Property Condition: Poor
  • Property Information Year Built2: 1948
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.34
  • 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
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Style Cal Cottage: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Fireplace(s) LR: Yes
  • Exterior BrickStone: Yes
  • Other Buildings Work Shop2: Yes
  • WaterSewer Septic In: Yes
  • Condition Poor: Yes
  • Heating Wall: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: LR

Exterior Features

  • Roof: Composition
  • View: Mountain(s)
  • Construction Type: Brick/Stone
  • Acres: 0.34
  • Topography: Level
  • Foundation Details: Slab

Utilities

  • Heating: Wall
  • HeatingYN: Yes
  • Water Source: Mont Wtr

Schools

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

Lot Info

  • Parcel #: 007-162-017
  • Zoning: E-1
  • Lot Size Sq Ft: 14810.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2021
Sold by
Bought by
Current Estimated Value
$1,946,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$870,570
Interest Rate
2.71%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 21, 2020
Closed on
May 7, 2020
Sold by
Bought by
Seller's Agent
Dennis Allan
Allan Real Estate Investments
Buyer's Agent
Janine Huarte
Sotheby's International Realty
List Price
$1,350,000
Sold Price
$925,000
Premium/Discount to List
-$425,000
-31.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.58%

Purchase Details

Closed on
Apr 9, 2015
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,121,000 Fidelity National Title Co
$925,000 Fidelity National Title Co
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $620,000
Closed $870,570
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/11/2020 05/11/20 Sold $925,000 -31.5% $999 / Sq Ft
04/30/2020 04/30/20 Pending -- -- --
09/13/2019 09/13/19 For Sale $1,350,000 -- $1,458 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $8,162 $652,033 $640,366 $11,667
2025 $6,558 $639,249 $627,810 $11,439
2023 $6,558 $614,428 $603,432 $10,996
2022 $6,330 $602,381 $591,600 $10,781
2021 $9,775 $934,583 $909,324 $25,259
2020 $768 $68,316 $49,289 $19,027
2019 $688 $66,977 $48,323 $18,654
2018 $674 $65,665 $47,376 $18,289
2017 $661 $64,379 $46,448 $17,931
2016 $686 $63,118 $45,538 $17,580
2015 $676 $62,170 $44,854 $17,316
2014 $665 $60,953 $43,976 $16,977
Source: Public Records

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-3235

Santa Barbara Multiple Listing Service

APN: 007-162-017

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