NOT LISTED FOR SALE

652 Park Ln Santa Barbara, CA 93108

Estimated Value: $6,815,000 - $8,729,912

5 Beds
6 Baths
5,560 Sq Ft
$1,400/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $3,825,000 $688 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $46,586/month

136 Days on Market

Highlights

  • Property is near an ocean
  • View of Trees or Woods
  • Fruit Trees
  • Santa Barbara Senior High School Rated A-
  • Updated Kitchen
  • Fireplace in Primary Bedroom

About This Home

As of August 2020

GOLDEN OPPORTUNITY in Montecito's Golden Quadrangle - Elegant, comfortable, timeless Italian inspired villa with a well-respected PARK LANE address. HERE ARE THE FACTS: 5,560 +/- sq.ft of timeless craftsmanship. Custom curated design on two levels. Over one acre with a shared well to service the expansive backyard-a blank slate to construct the ideal GUEST HOUSE, POOL & recreational PLAYGROUND. Showstopping FORMAL ROOMS throughout feature Venetian plaster, oak floors, crown molding, volume ceilings, exceptional finishes. FIVE BEDROOM SUITES include romantic MASTER BEDROOM SANCTUARY with large walk-in closet & wide covered terrace. Three FIREPLACES, zoned heating & A/C, professionally appointed GOURMET KITCHEN with BUTLER'S PANTRY. Attached 3-car garage. Montecito Union School District.

Last Agent to Sell the Property

John Sener

Village Properties - 1 Listed on: 06/06/2020

Last Buyer's Agent

Maurie McGuire

Sotheby's International Realty License #01061042

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,191

Year Built

  • Built in 1989

Lot Details

  • 1.01 Acre Lot
  • Back Yard Fenced
  • Level Lot
  • Irrigation
  • Fruit Trees
  • Wooded Lot
  • Lawn
  • Property is in excellent condition

Parking

  • 3 Car Direct Access Garage
  • Uncovered Parking

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Stucco

Interior Spaces

  • 5,560 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Multiple Fireplaces
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Library
  • Wood Flooring
  • Views of Woods

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Built-In Double Oven
  • Stove
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Property is near an ocean
  • Covered Patio or Porch

Location

  • Property is near a park
  • Property is near public transit
  • 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
  • Underground Utilities
  • Water Softener is Owned
  • Sewer Stub Out
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 007-130-061

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,191

Year Built

Built in 1989

Lot Details

0

Parking

3

Listing Details

  • Directions: 101 N/S exit San Ysidro Road - East on E. Valley Road to Park Lane.
  • Prop. Type: Residential
  • Year Built: 1989
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level, Near Public Transit
  • ResoSecurityFeatures: Security Camera, Security System, Smoke Detector(s)
  • Architectural Style: Medit
  • Reso Flooring: Hardwood
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1989
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.01
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • LocationTopo Level: Yes
  • Site Improvements Underground Util: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • ParkingGarage Unc #4: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Dining Breakfast Bar2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security Smoke Detector(s)2: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Cooling Central Air: Yes
  • Property Information Main House SqFt: 5560.0
  • Construction Two Story2: Yes
  • ParkingGarage Gar #33: Yes
  • View Wooded3: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Office3: Yes
  • Dining Formal2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Gas8: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Security Security Camera2: Yes
  • Proximity Near Bus: Yes
  • GroundsLandscaping Wooded4: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Fenced BCK: Yes
  • Site Improvements Cable TV3: Yes
  • Appliances Included OvenBltin: Yes
  • Appliances Included Wtr SoftenerOwned: Yes
  • Pets Yes: Yes
  • Style Medit2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Rooms LbryStudy: Yes
  • ParkingGarage:Total _pound_ Garage Spaces: 3.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Trash Compactor, Refrigerator, Oven/Bltin, Dishwasher, Disposal, Double Oven, Dryer, Gas Stove, Washer, Wtr Softener/Owned
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Primary Bedroom, Family Room, 2+, Gas, LR
  • Total Bedrooms: 12
  • Appliances Included:Double Oven2: Yes
  • Appliances Included:Trash Compactor2: Yes

Exterior Features

  • Roof: Tile
  • View: Setting, Wooded
  • Construction Type: Stucco
  • Acres: 1.01
  • Topography: Level
  • Exterior Features: Patio Open, Patio Covered, Lawn, Fruit Trees, Wooded, Yard Irrigation T/O, Fenced: BCK, Fenced: PRT
  • Foundation Details: Mixed

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Gar #3, Unc #4, Interior Access, Attached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Utilities: Underground Util
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes

Schools

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

Lot Info

  • Parcel #: 007-130-061
  • Zoning: R-1
  • Lot Size Sq Ft: 43995.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2020
Closed on
Aug 6, 2020
Sold by
Eades Michael R and Eades Mary Dan
Bought by
Lewis Ralph D and Gates Virginia
Seller's Agent
John Sener
Village Properties - 1
Buyer's Agent
Maurie McGuire
Sotheby's International Realty
List Price
$3,995,000
Sold Price
$3,825,000
Premium/Discount to List
-$170,000
-4.26%
Current Estimated Value
$7,782,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,957,228
Avg. Annual Appreciation
14.51%
Original Mortgage
$2,295,000
Outstanding Balance
$2,039,424
Interest Rate
2.85%
Mortgage Type
New Conventional
Estimated Equity
$5,533,200

Purchase Details

Closed on
Apr 19, 2004
Sold by
Luria Thomas E and Robins Raymond B
Bought by
Eades Michael R and Eades Mary Dan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,660,000
Interest Rate
4.37%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lewis Ralph D $3,825,000 Chicago Title Company
Eades Michael R -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Ralph D $2,295,000
Previous Owner Eades Michael R $134,541
Previous Owner Eades Michael R $250,000
Previous Owner Eades Michael R $500,000
Previous Owner Eades Michael R $350,000
Previous Owner Eades Michael R $250,000
Previous Owner Eades Michael R $2,660,000
Previous Owner Dunn Andrew E $1,350,000
Previous Owner Dunn Andrew E $1,260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2020 08/07/20 Sold $3,825,000 -4.3% $688 / Sq Ft
06/05/2020 06/05/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $3,995,000 -- $719 / 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 $50,191 $5,110,302 $2,164,864 $2,945,438
2023 $50,191 $4,239,530 $2,080,800 $2,158,730
2022 $42,021 $3,901,500 $2,040,000 $1,861,500
2021 $41,159 $3,825,000 $2,000,000 $1,825,000
2020 $48,719 $4,550,171 $2,990,115 $1,560,056
2019 $47,601 $4,460,953 $2,931,486 $1,529,467
2018 $46,697 $4,373,484 $2,874,006 $1,499,478
2017 $45,831 $4,287,730 $2,817,653 $1,470,077
2016 $44,442 $4,203,657 $2,762,405 $1,441,252
2014 $42,993 $4,059,410 $2,667,614 $1,391,796
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-239

Santa Barbara Multiple Listing Service

APN: 007-130-061