NOT LISTED FOR SALE

631 Parra Grande Ln Montecito, CA 93108

Estimated Value: $6,751,000 - $23,865,301

4 Beds
10 Baths
9,816 Sq Ft
$1,593/Sq Ft Est. Value

Sale Details

Date Sold: November 2, 2015

Last sale price $12,261,500 $1,249 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $93,342 / mo

Highlights

  • Ocean View
  • Pool
  • Updated Kitchen
  • Cold Spring Elementary School Rated A+
  • Estate
  • Fruit Trees

About This Home

As of November 2015

El Fureidis, translated as ''Tropical Paradise'' is a historic estate - one of Montecito's most celebrated residences - designed by the renowned architect Bertram Goodhue. Resting on 10 private acres, the timeless estate has been restored with an eye for detail. Offering numerous reflecting pools, lush gardens, and storied provenance, this magnificent estate is a true piece of art history.

Last Agent to Sell the Property

Robert Riskin

Village Properties License #01815307 / 01447045 / 01954177 / 01951069 Listed on: 11/02/2015

Co-Listed By

Emily Kellenberger

Village Properties License #01397913

Last Buyer's Agent

Robert Riskin

Village Properties License #01815307 / 01447045 / 01954177 / 01951069 Listed on: 11/02/2015

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1906

Lot Details

  • Gated Home
  • Fruit Trees
  • Wooded Lot
  • Lawn
  • Property is in excellent condition
  • Property is zoned Other, E-1

Property Views

  • Ocean
  • Mountain
  • Park or Greenbelt

Home Design

  • Estate
  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 9,816 Sq Ft Home
  • 2-Story Property
  • Multiple Fireplaces
  • Family Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Home Office
  • Library
  • Home Security System
  • Updated Kitchen
  • Basement

Flooring

  • Wood
  • Stone
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Pool

Outdoor Features

  • Deck
  • Patio

Schools

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

Horse Facilities and Amenities

  • Groom or Foreman Quarters

Utilities

  • Forced Air Heating and Cooling System
  • Well

Listing and Financial Details

  • Assessor Parcel Number 011-120-087

Home Details

Home Type

Single Family

Year Built

Built in 1906

Lot Details

10.39 Acres

Listing Details

  • Directions: Contact Riskin Partners or Emily Kellenberger to show the property.
  • Prop. Type: Residential
  • Year Built: 1906
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: 220V Elect, Laundry Room
  • ResoSecurityFeatures: Gate:Elec, Security Camera, Security System
  • Co List Office Mls Id: vip
  • Co List Office Phone: 805-969-8900
  • Architectural Style: Medit, Estate
  • Reso Flooring: Wood, Marble, Stone, Tile
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Employee Quarters
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1906
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Cold Spring
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • FlrWdw Coverings Tile3: Yes
  • FlrWdw Coverings Marble2: Yes
  • Cooling Central Air: Yes
  • Style Estate2: Yes
  • Construction Two Story2: Yes
  • Rooms Office3: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Dining Room2: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Security Security Camera2: Yes
  • WaterSewer Pvt Well In: Yes
  • FlrWdw Coverings Stone2: Yes
  • GroundsLandscaping Wooded4: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Deck3: Yes
  • Other Buildings Employee Quarters2: Yes
  • ViewOcean: Yes
  • View Green Belt2: Yes
  • Laundry:_two_20V Elect2: Yes
  • FlrWdw Coverings Wood2: Yes
  • Style Medit2: Yes
  • Rooms LbryStudy: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 5
  • Half Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Primary Bedroom, Dining Room, Other, 2+, LR
  • Bedrooms Basement: Yes

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Ocean, Setting, Green Belt
  • Construction Type: Stucco
  • Exterior Features: Pool, Deck, Patio Open, Lawn, Fruit Trees, Wooded
  • Foundation Details: Slab

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Private, Mont Wtr
  • Heating:Forced Air: Yes

Schools

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

Lot Info

  • Parcel #: 011-120-087
  • Zoning: Other, E-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2015
Closed on
Oct 21, 2015
Sold by
El Fureidis Llc
Bought by
Iq Holdings Inc
Seller's Agent
Robert Riskin
Village Properties
Buyer's Agent
Robert Riskin
Village Properties
List Price
$14,900,000
Sold Price
$12,261,500
Premium/Discount to List
-$2,638,500
-17.71%
Current Estimated Value
$15,632,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,370,934
Avg. Annual Appreciation
2.35%

Purchase Details

Closed on
Sep 24, 2009
Sold by
Rossco Mp Properties Company Llc
Bought by
El Fureidis Llc

Purchase Details

Closed on
Sep 29, 1998
Sold by
12-6-83 Ross Steven J
Bought by
Rossco Holdings Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Iq Holdings Inc $12,261,500 Chicago Title Company
El Fureidis Llc -- Chicago Title Company
Rossco Holdings Inc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2015 11/02/15 Sold $12,261,500 -17.7% $1,249 / Sq Ft
11/02/2015 11/02/15 Pending -- -- --
11/02/2015 11/02/15 For Sale $14,900,000 -- $1,518 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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 $132,378 $12,648,569 $9,470,379 $3,178,190
2023 $132,378 $12,157,412 $9,102,634 $3,054,778
2022 $128,487 $11,919,032 $8,924,151 $2,994,881
2021 $125,824 $11,685,326 $8,749,168 $2,936,158
2020 $123,685 $11,565,509 $8,659,457 $2,906,052
2019 $120,170 $11,338,735 $8,489,664 $2,849,071
2018 $134,962 $12,756,864 $8,323,200 $4,433,664
2017 $132,611 $12,506,730 $8,160,000 $4,346,730
2016 $128,645 $12,261,500 $8,000,000 $4,261,500
2015 $219,182 $20,943,621 $12,888,382 $8,055,239
2014 $215,657 $20,533,365 $12,635,917 $7,897,448
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 15-3595

Santa Barbara Multiple Listing Service

APN: 011-120-087

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