Seller's Agent in 2017
Timothy Walsh
Village Properties
(805) 259-8808
9 in this area
29 Total Sales
660 Hot Springs Rd Santa Barbara, CA 93108
Estimated Value: $9,190,000 - $11,308,783
5
Beds
8
Baths
5,660
Sq Ft
$1,759/Sq Ft
Est. Value
Highlights
- Additional Residence on Property
- Ocean View
- Updated Kitchen
- Santa Barbara Senior High School Rated A-
- Outdoor Pool
- 4 Acre Lot
About This Home
As of April 2017This intact estate was last on the market in 1971.Four acre garden estate in the heart of Montecito's Golden Quadrangle. This estate is a view into the era of refined living. Formal Entrance Hall opens to a oversize Living room which flows to a 80 Ft covered veranda overlooking the pool gardens and to the ocean. Dual master bedrooms each with a sitting room, all these rooms open to a southfacing Ocean and Island brick terrace. 3rd bedroom suite with garden views. The recently renovated gate house offers 3 bedrooms, den, 2 bath and a formal dining room. Has its own 2 car attached garage and adjacent 3 car structure for the auto collector. Property is offered for less than land value. A chance in a lifetime to create your own estate in a AAA+ location in Montecito that is close in and offers privacy and breathtaking Ocean, Islands and Mountain views. Conceptual Floor plan by Peter Kavoian and his team at K+A Design Group is available that shows a floor plan more in tune with today's lifestyle. Renderings are forthcoming.
Last Agent to Sell the Property
Village Properties License #00914713 Listed on: 10/24/2016
Last Buyer's Agent
Berkshire Hathaway HomeServices California Properties License #01415235
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $129,663
Year Built
- Built in 1946
Lot Details
- 4 Acre Lot
- Gated Home
- Level Lot
- Irrigation
- Fruit Trees
- Wooded Lot
- Lawn
- Property is in good condition
Parking
- 11 Car Garage
- 1 Carport Space
- Driveway
Property Views
- Ocean
- Panoramic
- Mountain
Home Design
- Colonial Architecture
- Cabin
- Raised Foundation
- Slab Foundation
- Composition Roof
- Stucco
Interior Spaces
- 5,660 Sq Ft Home
- 1-Story Property
- Wet Bar
- Multiple Fireplaces
- Gas Fireplace
- Living Room with Fireplace
- Formal Dining Room
- Home Office
- Library
- Sun or Florida Room
- Video Cameras
- Basement
Kitchen
- Updated Kitchen
- Breakfast Area or Nook
- Built-In Double Oven
- Stove
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Remodeled Bathroom
- Maid or Guest Quarters
Laundry
- Laundry Room
- Dryer
- Washer
- 220 Volts In Laundry
Accessible Home Design
- Wheelchair Access
- Doors are 32 inches wide or more
- Accessible Approach with Ramp
- Accessible Ramps
- Stepless Entry
Outdoor Features
- Outdoor Pool
- Covered Patio or Porch
- Separate Outdoor Workshop
- Shed
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 System
- Baseboard Heating
- Private Water Source
- Septic System
Additional Features
- Additional Residence on Property
- Barn Office
- Groom or Foreman Quarters
Community Details
- 3 Units
Listing and Financial Details
- Exclusions: Other
- Assessor Parcel Number 011-130-027
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 24, 2016
Closed on
Apr 6, 2017
Sold by
Fendon Ronald D
Bought by
660 Hot Springs Road Llc
Seller's Agent
Timothy Walsh
Village Properties
Buyer's Agent
Josiah Hamilton
Berkshire Hathaway HomeServices California Properties
List Price
$9,995,000
Sold Price
$8,350,000
Premium/Discount to List
-$1,645,000
-16.46%
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
$1,604,928
Avg. Annual Appreciation
1.29%
Original Mortgage
$3,500,000
Outstanding Balance
$2,933,314
Interest Rate
4.3%
Mortgage Type
Unknown
Estimated Equity
$6,363,584
Purchase Details
Closed on
Jul 23, 2007
Sold by
Sperling Peter V and Grady Stephanie G
Bought by
Harris Marie Louise
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 |
|---|---|---|---|
| 660 Hot Springs Road Llc | $8,350,000 | Fidelity National Title Co | |
| Harris Marie Louise | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 660 Hot Springs Road Llc | $3,500,000 | |
| Open | 660 Hot Springs Road Llc | $8,200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/20/2017 04/20/17 | Sold | $8,350,000 | -16.5% | $1,475 / Sq Ft |
| 03/10/2017 03/10/17 | Pending | -- | -- | -- |
| 10/24/2016 10/24/16 | For Sale | $9,995,000 | -- | $1,766 / 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 | $129,663 | $12,322,398 | $7,311,689 | $5,010,709 |
| 2023 | $129,663 | $11,843,906 | $7,027,768 | $4,816,138 |
| 2022 | $125,366 | $11,611,673 | $6,889,969 | $4,721,704 |
| 2021 | $120,640 | $11,173,994 | $6,754,872 | $4,419,122 |
| 2020 | $100,168 | $9,188,028 | $6,685,610 | $2,502,418 |
| 2019 | $94,392 | $8,702,340 | $6,554,520 | $2,147,820 |
| 2018 | $78,169 | $7,129,800 | $5,140,800 | $1,989,000 |
| 2017 | $4,800 | $446,765 | $158,840 | $287,925 |
| 2016 | $4,705 | $438,006 | $155,726 | $282,280 |
| 2014 | $4,573 | $422,977 | $150,383 | $272,594 |
Source: Public Records
Agents Affiliated with this Home
-
Timothy Walsh
-
Josiah Hamilton
J
Buyer's Agent in 2017
Josiah Hamilton
Berkshire Hathaway HomeServices California Properties
(805) 284-8835
24 in this area
65 Total Sales
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 16-3536
APN: 011-130-027
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