NOT LISTED FOR SALE

696 Romero Canyon Rd Santa Barbara, CA 93108

Estimated Value: $4,727,000 - $4,900,000

3 Beds
3 Baths
1,566 Sq Ft
$3,064/Sq Ft Est. Value

Last Sold October 19, 2020

Last sale price $2,700,000 $1,724 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $28,045/month

33 Days on Market

Highlights

  • Guest House
  • Horses Allowed in Community
  • RV Access or Parking
  • Santa Barbara Senior High School Rated A-
  • Art Studio
  • Property is near an ocean

About This Home

As of October 2020

UNDER $3 MILLION WITH ROOM TO EXPAND IN MUS! REMODELED MID-CENTURY HOME & GUEST HOUSE on 1+ FLAT MONTECITO ACRE. Down a long private drive, sits a bright, modern 2BR/2BA designer farmhouse with 1BR/1BA guesthouse & 4-car garage. A sunny living room & remodeled kitchen open to the newly landscaped, enclosed yard, framed by mountain views. A freshly remodeled, luxurious master bathroom accents a serene master suite. Large 2nd bedroom with redone en-suite bath. Exceptionally private, hedged grounds are studded with a tax advantage producing avocado orchard, oaks, various citrus, plum, apple, fig, pear, nectarine, peach & specimen cacti. In a beloved MUS neighborhood with access to trails and beaches, life here is pure joy with investment upside! Plans for new entry SECURITY GATE & driveway. FEATURES:

DUAL INCOME POTENTIAL from two residences.

MAIN HOUSE: Remodeled Kitchen w/Sub-Zero refrigerator, 130 bottle wine refrigerator, black quartz counters, vintage stainless steel dual-draining sink. In-island cooktop and oven. New flooring and Air Conditioning. Fully remodeled within the last 6 months.

PRIMARY SUITE: Two walk-in closets. Beautifully remodeled new bathroom with walk-in shower (remodeled within the last 6 months).

BEDROOM 2: Private entrance, remodeled full bathroom, doors to newly landscaped backyard.

GUEST HOUSE: Full kitchen, freshly remodeled bath, new high efficiency heating and Air Conditioning, sliding doors to private shade patio, new window awnings.

GARAGES: TWO 2-car garages (parking for four cars indoors, and 4 cars outdoors)

LAUNDRY ROOM: New washer, dryer, utility sink

ORCHARD: Income producing avocado orchard includes orange, lemon, lime, grapefruit, plum, apple fig, pear nectarine, peach, irrigation, views.

VEGETABLE GARDEN: Raised beds

Last Agent to Sell the Property

John Sener

Village Properties - 1 Listed on: 07/28/2020

Last Buyer's Agent

Charlie Petersen

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,779

Year Built

  • Built in 1947

Lot Details

  • 1.06 Acre Lot
  • Lot Dimensions are 137x326
  • Partially Fenced Property
  • Level Lot
  • Irrigation
  • Fruit Trees
  • Property is in excellent condition

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 1,566 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Library
  • Art Studio
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • Maid or Guest Quarters
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Detached Garage
  • Uncovered Parking
  • RV Access or Parking

Outdoor Features

  • Property is near an ocean
  • Covered Patio or Porch
  • Separate Outdoor Workshop

Location

  • Property is near a park
  • Property is near public transit
  • Property near a hospital
  • 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

  • Cooling Available
  • Forced Air Heating System
  • Water Softener is Owned
  • Septic System
  • Cable TV Available

Additional Features

  • Stepless Entry
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 155-050-013

Community Details

Overview

  • 2 Units

Recreation

  • Horses Allowed in Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,779

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Directions: 101 Exit Sheffield Dr. Take Sheffield to E. Valley Rd. Left on E. Valley Rd and right on Romero Canyon Rd.
  • Prop. Type: Residential
  • Year Built: 1947
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Gas Hookup, Laundry Room
  • ResoLotFeatures: Level, Near Public Transit
  • ResoSecurityFeatures: Smoke Detector(s)
  • Subdivision Name: Other
  • Architectural Style: Contemporary
  • Reso Flooring: Vinyl
  • Garage Yn: Yes
  • Unit Levels: Entry Lvl(No Stairs), Single Story
  • New Construction: No
  • Reso Other Structures: Other, Work Shop
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1947
  • Property Information Total #Units: 2
  • Property Information Apx # Acres: 1.06
  • NeighborhoodSchools Elementary School: Mont Union
  • 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
  • Condition Excellent: Yes
  • Construction Entry Lvl(No Stairs)2: Yes
  • Construction Single Story2: Yes
  • Foundation:Slab: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Unc #4: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Breakfast Bar2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Security Smoke Detector(s)2: Yes
  • Property Information Main House SqFt: 1566.0
  • Proximity Near Shopping2: Yes
  • Rooms Art Studio2: Yes
  • Amenities Guest House2: Yes
  • Amenities Guest Quarters2: Yes
  • Fireplace(s) Family Room3: Yes
  • Property Information Apx Lot SqFt: 46173.0
  • Proximity Near Bus: Yes
  • Style:Contemporary2: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • Other Buildings Work Shop2: Yes
  • WaterSewer Septic In: Yes
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • Amenities Horses2: Yes
  • ParkingGarage Detached: Yes
  • Site Improvements Cable TV3: Yes
  • Laundry Gas Hookup2: Yes
  • Appliances Included Wtr SoftenerOwned: Yes
  • Property Information Apx Lot Size FxD: 137x326
  • Proximity Near Hospital2: Yes
  • Pets Yes: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • ParkingGarage Gar #4: Yes
  • Rooms LbryStudy: Yes
  • WaterSewer Meter In: Yes
  • Dining In Living Room2: Yes
  • ParkingGarage RV: Yes
  • FlrWdw Coverings VinylLinoleum2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Dishwasher, Dryer, Microwave, Washer, Wtr Softener/Owned
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Family Room

Exterior Features

  • Roof: Other
  • View: Mountain(s)
  • Construction Type: Wood Siding
  • Acres: 1.06
  • Topography: Level
  • Exterior Features: Patio Covered, Fruit Trees, Yard Irrigation PRT, Fenced: PRT
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #4, Unc #4, RV, Detached

Utilities

  • Cooling: Other
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Meter In, 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 #: 155-050-013
  • Zoning: R-1
  • Lot Size Sq Ft: 46173.0
  • ResoLotSizeUnits: Apx Lot Size FxD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2020
Closed on
Oct 12, 2020
Sold by
Williams Peter J
Bought by
Smith Kurt B and Smith Sarah C
Seller's Agent
John Sener
Village Properties - 1
Buyer's Agent
Charlie Petersen
Coldwell Banker Realty
List Price
$2,995,000
Sold Price
$2,700,000
Premium/Discount to List
-$295,000
-9.85%
Current Estimated Value
$4,798,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,098,053
Avg. Annual Appreciation
11.69%
Original Mortgage
$2,160,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2007
Sold by
Meyer Wardlee S and Meyer Richard A
Bought by
Williams Peter J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,432,500
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 2007
Sold by
Smith Wardlee
Bought by
Meyer Richard A and Meyer Wardlee S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2007
Sold by
Meyer Wardlee
Bought by
Meyer Richard A and Meyer Wardlee Smith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2002
Sold by
Meyer Wardlee
Bought by
Meyer Wardlee

Purchase Details

Closed on
Mar 28, 1994
Sold by
Smith Wardlee
Bought by
Smith Wardlee
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Smith Kurt B $2,700,000 Fidelity National Title Co
Williams Peter J -- Fidelity National Title Co
Meyer Richard A -- Fidelity National Title Co
Meyer Richard A -- None Available
Meyer Wardlee -- --
Meyer Wardlee -- --
Meyer Wardlee -- --
Smith Wardlee -- --
Smith Wardlee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Kurt B $850,000
Open Smith Kurt B $2,250,000
Closed Smith Kurt B $2,160,000
Previous Owner Williams Peter J $1,181,250
Previous Owner Williams Peter J $1,432,500
Previous Owner Meyer Richard A $1,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2020 10/19/20 Sold $2,700,000 -9.8% $1,724 / Sq Ft
08/28/2020 08/28/20 Pending -- -- --
07/26/2020 07/26/20 For Sale $2,995,000 -- $1,913 / 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 $29,779 $2,922,565 $1,894,256 $1,028,309
2023 $29,779 $2,809,080 $1,820,700 $988,380
2022 $28,766 $2,754,000 $1,785,000 $969,000
2021 $28,157 $2,700,000 $1,750,000 $950,000
2020 $17,901 $1,706,000 $1,429,000 $277,000
2019 $17,702 $1,706,000 $1,429,000 $277,000
2018 $18,630 $1,796,000 $1,504,000 $292,000
2017 $18,678 $1,796,000 $1,504,000 $292,000
2016 $17,644 $1,710,000 $1,432,000 $278,000
2014 $15,815 $1,523,000 $1,276,000 $247,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-2837

Santa Barbara Multiple Listing Service

APN: 155-050-013