NOT LISTED FOR SALE

673 Cold Spring Rd Montecito, CA 93108

Estimated Value: $3,978,871 - $4,360,000

3 Beds
2 Baths
2,020 Sq Ft
$2,045/Sq Ft Est. Value

Last Sold May 16, 2023

Last sale price $3,736,000 $1,850 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $25,161/month

12 Days on Market

Highlights

  • View of Trees or Woods
  • Fruit Trees
  • Property is near public transit
  • Cold Spring Elementary School Rated A+
  • Deck
  • Ranch Style House

About This Home

As of May 2023

As you make your way down the meandering driveway this hidden gem unveils itself. The opportunity-filled three bedroom, plus office, two bathroom home is situated on 1.17 acres. The wonderful landscape showcases a variety of fruit trees, beautiful mountain views, and tranquil and private grounds near Cold Springs School. As you enter the home you are greeted by an open floor plan adjoining the living room and dining room featuring high ceilings, a wood burning fireplace and picture windows framing the mountain views and natural landscape. The single level home has scenic views outside each bedroom offering a sense of peace and serenity. One of the most exceptional features of this home is the abundance of outdoor space, perfect for enjoying the beautiful California weather. The deck is an idyllic spot to admire the landscape which possesses an undeniable magical quality, reminiscent of a park-like setting. Truly a unique Montecito property.

Last Agent to Sell the Property

Maureen McDermut

Sotheby's International Realty License #01175027 Listed on: 04/19/2023

Last Buyer's Agent

Kathy Spieler

Pitts & Bachmann Realtors

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 1.17 Acre Lot
  • Fenced
  • Level Lot
  • Fruit Trees
  • Wooded Lot
  • Lawn
  • Property is in good condition

Property Views

  • Woods
  • Mountain

Home Design

  • Ranch Style House
  • Mediterranean Architecture
  • Raised Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,020 Sq Ft Home
  • Cathedral Ceiling
  • Family Room with Fireplace
  • Dining Area
  • Home Office
  • Carpet
  • Fire and Smoke Detector
  • Stove
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Attached Garage
  • 5 Open Parking Spaces

Outdoor Features

  • Deck
  • Shed

Location

  • Property is near public transit
  • Property is near schools
  • Property is near a bus stop

Schools

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

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 013-150-018

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Directions: From Sycamore Canyon Rd, right on Cold Springs, make a left down the driveway before Montecito Covenant Church, make a left at the fork in the road and follow the driveway to the home.
  • Prop. Type: Residential
  • Year Built: 1970
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level, Near Public Transit
  • ResoSecurityFeatures: Smoke Detector(s)
  • Architectural Style: Medit, Ranch
  • Reso Flooring: Carpet
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Reso Property Condition: Good
  • Property Information Year Built2: 1970
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.17
  • NeighborhoodSchools Elementary School: Cold Spring
  • 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
  • Construction Single Story2: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • View Setting2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Appliances Included Gas Stove3: Yes
  • Security Smoke Detector(s)2: Yes
  • View Wooded3: Yes
  • Rooms Office3: Yes
  • Fireplace(s) Family Room3: Yes
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • GroundsLandscaping Wooded4: Yes
  • FlrWdw Coverings Carpet: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Deck3: Yes
  • Other Buildings Shed: Yes
  • ParkingGarage Total # Uncovered Spaces: 5.0
  • Pets Yes: Yes
  • Style Medit2: Yes
  • Foundation Raised: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Stove
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Setting, Wooded
  • Construction Type: Stucco
  • Acres: 1.17
  • Topography: Level
  • Exterior Features: Deck, Lawn, Fruit Trees, Wooded, Fenced: ALL
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: Yes
  • Open Parking Spaces: 5.0
  • Parking Features: Gar #2, Attached

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

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

Lot Info

  • Parcel #: 013-150-018
  • Zoning: Other
  • Lot Size Sq Ft: 50965.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2023
Closed on
May 10, 2023
Sold by
Rosen Surviving Spouses Trust and Jones William H
Bought by
Beck Markus and Kabashima Dana
Seller's Agent
Maureen McDermut
Sotheby's International Realty
Buyer's Agent
Kathy Spieler
Pitts & Bachmann Realtors
List Price
$3,395,000
Sold Price
$3,736,000
Premium/Discount to List
$341,000
10.04%
Views
67
Current Estimated Value
$4,130,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,718
Avg. Annual Appreciation
3.92%
Original Mortgage
$2,236,000
Outstanding Balance
$2,165,716
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$1,965,002

Purchase Details

Closed on
Mar 15, 2013
Sold by
Oneill Stephen M
Bought by
Jones William H

Purchase Details

Closed on
Jul 21, 2009
Sold by
Knight Barbara
Bought by
Oneill Stephen M
Source: Public Records

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 Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Beck Markus $3,736,000 Chicago Title Company
Jones William H -- None Available
Jones William H -- None Available
Oneill Stephen M -- None Available
Oneill Stephen M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beck Markus $2,236,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2023 05/16/23 Sold $3,736,000 +10.0% $1,850 / Sq Ft
04/30/2023 04/30/23 Pending -- -- --
04/18/2023 04/18/23 For Sale $3,395,000 -- $1,681 / 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 $41,447 $3,886,934 $2,601,000 $1,285,934
2023 $41,447 $177,151 $55,346 $121,805
2022 $3,559 $173,678 $54,261 $119,417
2021 $3,517 $170,274 $53,198 $117,076
2020 $3,454 $168,529 $52,653 $115,876
2019 $3,235 $165,225 $51,621 $113,604
2018 $3,201 $161,986 $50,609 $111,377
2017 $3,070 $158,811 $49,617 $109,194
2016 $2,965 $155,698 $48,645 $107,053
2014 $2,720 $150,357 $46,977 $103,380
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Maureen McDermut

    Sotheby's International Realty

    (805) 570-5545

    26 in this area

    81 Total Sales

    Maureen McDermut
    Section Image

  • K

    Buyer's Agent in 2023

    Kathy Spieler

    Pitts & Bachmann Realtors

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-1026

Santa Barbara Multiple Listing Service

APN: 013-150-018

California Santa Barbara County Montecito 93108

673 Cold Spring Rd, Montecito, CA

Not Listed for Sale

Detached

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