NOT LISTED FOR SALE

Estimated Value: $5,356,000 - $7,074,000

3 Beds
2.5 Baths
2,488 Sq Ft
$2,552/Sq Ft Est. Value

Last Sold August 29, 2019

Last sale price $4,200,000 $1,688 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $37,870/month

15 Days on Market

Highlights

  • Ocean View
  • Spa
  • Contemporary Architecture
  • Cold Spring Elementary School Rated A
  • Fruit Trees
  • Cathedral Ceiling

About This Home

As of August 2019

Resting in tranquil seclusion behind massive Spanish-Colonial gates framed by majestic trees, this single-story Montecito Mediterranean Modern combines the romance and grace of Montecito's traditional Spanish style with the easy elegance of the finest contemporary materials and fixtures. The home's high-ceilinged, open-plan living areas, flanked by two private bedroom suites, embrace sweeping views and lush landscaping for the best of relaxed, resort living.

Sited to take advantage of the mature trees and a vista from the Channel Islands to Montecito Peak, the 3-bedroom home features high ceilings and beautiful views throughout. New, energy-efficient windows and French doors fill the spaces with the light and sea breezes for which Montecito is treasured. The paneled interior doors rest within traditional plaster details and alongside pencil-thin steel bookshelves and French white oak floors, to create an elegantly edited but welcoming retreat.

The domed-ceiling kitchen at the heart of the home has been redone in a quiet contemporary style that accommodates serious cooking without intruding on the elegance of the adjoining spaces. The kitchen opens onto a solarium, which is ready for anything. Its porcelain tile floor, disappearing sliding doors, 11-foot linen curtains and custom sound system make it suitable for a sunny breakfast, snacks after the pool, candlelit dinner parties or grander entertaining.

Drought-tolerant landscaping is complemented by lemon, lime, apple and avocado trees; all on an easily monitored drip system. A shaded pergola with sea views extends the living room out to an expansive limestone terrace, which includes a low-chlorine spa-plunge pool.

The recent complete renovation features whole-house water purification; filtered fresh air circulation; upgraded electric panel and back-up generator; energy-efficient water heater; Moroccan and Italian wall tiles; Miele kitchen appliances with gray-washed contemporary cabinetry, quartz backsplashes and sealed concrete countertops; marble-topped island and separate butler's pantry; utility room with wine refrigerator; new Dornbracht, Kohler and Toto bath fixtures; and contemporary bath cabinetry and lighting. The master dressing room has been transformed with Italian fittings and its own washer and dryer. Large storage closets were added to the spacious 2-car garage.

Last Agent to Sell the Property

Cristal Clarke

Berkshire Hathaway HomeServices California Properties License #00968247 Listed on: 07/30/2019

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Bartron Real Est Group

Berkshire Hathaway HomeServices California Properties License #01005021 / 01950975 / 00966870 / 01976075

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,418

Year Built

  • Built in 2010

Lot Details

  • 0.75 Acre Lot
  • Gated Home
  • Fruit Trees
  • Lawn

Parking

  • Attached Garage

Property Views

  • Ocean
  • Panoramic
  • Mountain

Home Design

  • Contemporary Architecture
  • Spanish Architecture
  • Mediterranean Architecture
  • Tile Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Cathedral Ceiling
  • Skylights
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Security System
  • Breakfast Area or Nook
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Pool

  • Spa
  • Outdoor Pool

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Radiant Heating System

Additional Features

  • Air Purifier
  • Enclosed Patio or Porch

Listing and Financial Details

  • Assessor Parcel Number 013-180-032

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,418

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 2010
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoSecurityFeatures: Gate:Elec, Other, Security System
  • Architectural Style: Contemporary, Medit, Spanish
  • Reso Flooring: Wood, Tile
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • Property Information Year Built2: 2010
  • Property Information Apx # Acres: 0.75
  • NeighborhoodSchools Elementary School: Cold Spring
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • View Panoramic2: 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 Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Skylight2: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • FlrWdw Coverings Tile3: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Style:Contemporary2: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • Roof:Tile2: Yes
  • ViewOcean: Yes
  • FlrWdw Coverings Wood2: Yes
  • Style Medit2: Yes
  • Style Spanish2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • View Other27: Yes
  • Rooms Patio Enclosed2: Yes
  • Heating Air Purification Sys2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: LR

Exterior Features

  • Roof: Tile
  • View: Other, Mountain(s), Ocean, Panoramic
  • Construction Type: Stucco
  • Acres: 0.75
  • Exterior Features: Other, Pool, Patio Open, Patio Covered, SPA-Outside, Lawn, Fruit Trees
  • Foundation Details: Caisson/Piling
  • Patio And Porch Features: Enclosed

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #2, Attached

Utilities

  • Cooling: Other
  • Heating: Forced Air, Radiant, Air Purification Sys
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes
  • Heating:Radiant: 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 #: 013-180-032
  • Zoning: Other
  • Lot Size Sq Ft: 32670.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2019
Closed on
Aug 27, 2019
Sold by
Anderson Sharon Carol and Anderson Sherrie W
Bought by
Anderson Sherrie W and Anderson Sherrie W
Seller's Agent
Cristal Clarke
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Bartron Real Est Group
Berkshire Hathaway HomeServices California Properties
List Price
$3,900,000
Sold Price
$4,200,000
Premium/Discount to List
$300,000
7.69%
Current Estimated Value
$6,350,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,150,405
Avg. Annual Appreciation
7.41%

Purchase Details

Listed on
Jul 30, 2019
Closed on
Aug 24, 2019
Sold by
Wall Barrye L and Wall Victoria V
Bought by
Anderson Sharon Carol
Seller's Agent
Cristal Clarke
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Bartron Real Est Group
Berkshire Hathaway HomeServices California Properties
List Price
$3,900,000
Sold Price
$4,200,000
Premium/Discount to List
$300,000
7.69%

Purchase Details

Closed on
Aug 9, 2012
Sold by
Wall Barrye L and Wall Victoria V
Bought by
Wall Barrye L and Wall Wall

Purchase Details

Closed on
May 31, 2011
Sold by
Holroyd Nils
Bought by
Wall Barrye L and Wall Wall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,996,000
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2008
Sold by
Holroyd Angela
Bought by
Holroyd Nils

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 2008
Sold by
Sturgeon Jean E
Bought by
Holroyd Nils

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 1996
Sold by
Sturgeon Marvin G and Sturgeon Jean E
Bought by
Martin G Sturgeon & Jean E Sturgeon 1996
Source: Public Records

Range of Values:

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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
Anderson Sherrie W -- Wfg National Title Ins Co
Anderson Sharon Carol $4,200,000 Wfg National Title Ins Co
Wall Barrye L -- None Available
Wall Barrye L $2,495,000 First American Title Company
Holroyd Nils -- Equity Title Santa Barbara
Holroyd Nils -- Equity Title
Martin G Sturgeon & Jean E Sturgeon 1996 -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wall Barrye L $2,600,000
Previous Owner Wall Barrye L $500,000
Previous Owner Wall Barrye L $1,992,000
Previous Owner Wall Barrye L $1,996,000
Previous Owner Holroyd Nils $1,885,000
Previous Owner Holroyd Nils $630,000
Previous Owner Holroyd Nils $630,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2019 08/29/19 Sold $4,200,000 +7.7% $1,688 / Sq Ft
08/14/2019 08/14/19 Pending -- -- --
07/30/2019 07/30/19 For Sale $3,900,000 -- $1,568 / 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 $48,418 $4,593,310 $1,640,468 $2,952,842
2023 $48,418 $4,414,948 $1,576,767 $2,838,181
2022 $46,725 $4,328,381 $1,545,850 $2,782,531
2021 $45,758 $4,243,512 $1,515,540 $2,727,972
2020 $45,061 $4,200,000 $1,500,000 $2,700,000
2019 $33,541 $3,073,319 $1,177,214 $1,896,105
2018 $32,912 $3,013,059 $1,154,132 $1,858,927
2017 $32,279 $2,953,980 $1,131,502 $1,822,478
2016 $31,218 $2,888,060 $1,109,316 $1,778,744
2014 $28,387 $2,607,582 $1,071,251 $1,536,331
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-2656

Santa Barbara Multiple Listing Service

APN: 013-180-032