K
Seller's Agent in 2019
Kathy Henry
Village Properties
670 Cowles Rd Santa Barbara, CA 93108
Eucalyptus Hill NeighborhoodEstimated Value: $3,150,109 - $3,957,000
3
Beds
3
Baths
1,600
Sq Ft
$2,275/Sq Ft
Est. Value
Highlights
- 1.1 Acre Lot
- Fruit Trees
- Wood Flooring
- Cold Spring Elementary School Rated A
- Property is near a park
- Lawn
About This Home
As of December 2019Perched on a knoll adjacent to Montecito's grandest historic estates and the majestic Lotusland, this property has potential to become a modern masterpiece, expanded into a thoughtfully designed ranch, or configured into an idyllic artist or writers' retreat. Over a private acre of usable land, the setting is reminiscent of Carmel Valley, with stunning panoramic views of the mountains and valley below, amidst a forest backdrop of old growth trees offering the rare combination of privacy and open views.
A prime location, close to town, easily accessible from multiple routes, this single-level two bedroom, two bath is move-in ready for the quick and easy home with additional guest unit (for potential income, a private space for your out-of-town guests, or to use as an extra bedroom). Set on a cul-de-sac street and located in the Cold Springs school district (ranked as one of the top schools in California) this home is perfect for growing families as well as empty nesters, young couples or the hip bachelor or bachelorette.
This property offers the rare opportunity of endless possibilities and upside potential for the forward-thinking or anyone looking for an inspiring pad to call home.
Montecito's best kept secret!
Sq ft measured by floor plan guy is approx. 1,600 sq ft. Not 1,300 sq. ft. Main house is approx. 1,300 sq ft, plus the 300 sq ft guest studio.
Last Agent to Sell the Property
Kathy Henry
Village Properties Listed on: 07/30/2019
Last Buyer's Agent
Jeremy Crail
Jeremy Crail License #01293527
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $23,477
Year Built
- Built in 1955
Lot Details
- 1.1 Acre Lot
- Partially Fenced Property
- Irrigation
- Fruit Trees
- Wooded Lot
- Lawn
- Property is in excellent condition
Parking
- Garage
Home Design
- Cottage
- Raised Foundation
- Composition Roof
- Stucco
Interior Spaces
- 1,600 Sq Ft Home
- Living Room with Fireplace
- Dining Area
Kitchen
- Electric Range
- Microwave
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Location
- Property is near a park
- Property is near schools
- Property is near shops
Schools
- Cold Spring Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Utilities
- Forced Air Heating System
- Underground Utilities
- Cable TV Available
Additional Features
- Stepless Entry
- Patio
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 013-180-011
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 30, 2019
Closed on
Oct 23, 2019
Sold by
Lowther Jacqueline A
Bought by
Wooten Jesse Ray and Wooten Lara Mclaren
Seller's Agent
Kathy Henry
Village Properties
Buyer's Agent
Jeremy Crail
Jeremy Crail
List Price
$2,188,000
Sold Price
$1,965,000
Premium/Discount to List
-$223,000
-10.19%
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
$1,539,064
Avg. Annual Appreciation
11.51%
Original Mortgage
$120,000
Interest Rate
3.75%
Purchase Details
Closed on
Dec 18, 2007
Sold by
Phillips Geoffrey
Bought by
Phillips Geoffrey D
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 |
|---|---|---|---|
| Wooten Jesse Ray | $1,965,000 | First American Title Company | |
| Phillips Geoffrey D | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wooten Jesse Ray | $625,500 | |
| Closed | Lowther Jacqueline A | $120,000 | |
| Previous Owner | Wooten Jesse Ray | $1,000,000 | |
| Previous Owner | Phillips Geoffrey | $995,000 | |
| Previous Owner | Phillips Geoffrey | $800,000 | |
| Previous Owner | Phillips Geoffrey | $200,000 | |
| Previous Owner | Phillips Geoffrey | $635,000 | |
| Previous Owner | Phillips Geoffrey | $5,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/17/2019 12/17/19 | Sold | $1,965,000 | -10.2% | $1,228 / Sq Ft |
| 09/19/2019 09/19/19 | Pending | -- | -- | -- |
| 07/30/2019 07/30/19 | For Sale | $2,188,000 | 0.0% | $1,368 / Sq Ft |
| 10/25/2013 10/25/13 | Rented | -- | -- | -- |
| 09/25/2013 09/25/13 | Under Contract | -- | -- | -- |
| 08/22/2013 08/22/13 | For Rent | $5,200 | -- | -- |
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 | $23,477 | $2,149,011 | $1,640,468 | $508,543 |
| 2023 | $23,477 | $2,065,564 | $1,576,767 | $488,797 |
| 2022 | $22,683 | $2,025,063 | $1,545,850 | $479,213 |
| 2021 | $22,228 | $1,985,357 | $1,515,540 | $469,817 |
| 2020 | $21,868 | $1,965,000 | $1,500,000 | $465,000 |
| 2019 | $5,397 | $365,457 | $142,115 | $223,342 |
| 2018 | $5,321 | $358,292 | $139,329 | $218,963 |
| 2017 | $5,157 | $351,268 | $136,598 | $214,670 |
| 2016 | $4,991 | $344,381 | $133,920 | $210,461 |
| 2014 | $4,693 | $332,566 | $129,326 | $203,240 |
Source: Public Records
Agents Affiliated with this Home
-
-
J
Buyer's Agent in 2019
Jeremy Crail
Jeremy Crail
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 19-2646
APN: 013-180-011
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