NOT LISTED FOR SALE

701 Park Ln Santa Barbara, CA 93108

Montecito Area

Estimated Value: $3,665,000 - $5,119,436

1.59 Acres
$2,718,308 Price per Acre
69,260 Sq Ft Lot

Sale Details

Date Sold: October 7, 2020

Last sale price $2,900,000 $1,069 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $26,425 / mo

16 Days on Market

Highlights

  • Mountain View
  • Property is near park and shops
  • Level Lot
  • Santa Barbara Senior High School Rated A-

About This Lot

As of October 2020

Near the famed San Ysidro Ranch and Montecito's most desirable hiking trails rests this mountain view estate site poised for a resurgence and ready to begin a new chapter. Tucked away off a long drive, this 1.58-acre property rests on a tranquil, creek-side, oak-studded parcel in an A+ Montecito location with towering mountain views.

Last Agent to Sell the Property

Robert Riskin

Village Properties License #01815307 / 01447045 / 01954177 / 01951069 Listed on: 08/26/2020

Last Buyer's Agent

Gregg Leach

Village Properties License #01005773

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Lot Details

  • 1.59 Acre Lot
  • Level Lot
  • Property is zoned E-1

Schools

  • Mont Union Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Gas Available
  • Septic System

Additional Features

  • Mountain Views
  • Property is near park and shops

Listing and Financial Details

  • Assessor Parcel Number 007-120-044

Property Details

Property Type

Land

Lot Details

1.59 Acres

Listing Details

  • Directions: East Valley to Park Lane.
  • Prop. Type: Land
  • Reso Property Sub Type: Residential/SFR
  • ResoLotFeatures: Level
  • Property Information Apx # Acres: 1.59
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • Utility Info Water: Yes
  • LocationTopo Level: Yes
  • Utility Info Sewer: Yes
  • WaterSewer Sewer Avail: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near Shopping2: Yes
  • WaterSewer Septic In: Yes
  • View Setting3: Yes
  • Utility Info Gas6: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountain(s), Setting
  • Acres: 1.59
  • Topography: Level

Utilities

  • Water Source: Mont Wtr

Schools

  • Elementary School: Mont Union
  • High School: S.B. Sr.
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 007-120-044
  • Zoning: E-1
  • Lot Size Sq Ft: 69260.4

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2020
Closed on
Oct 7, 2020
Sold by
Bought by
Seller's Agent
Robert Riskin
Village Properties
Buyer's Agent
Gregg Leach
Village Properties
List Price
$2,995,000
Sold Price
$2,900,000
Premium/Discount to List
-$95,000
-3.17%
Current Estimated Value
$4,322,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,422,109
Avg. Annual Appreciation
7.10%

Purchase Details

Closed on
Jul 2, 2009
Sold by
Bought by

Purchase Details

Closed on
Jul 6, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Santa Barbara, CA

  • Tiffany Dore Real Estate Agent - Village Properties

    Tiffany Dore

    Village Properties

    (805) 324-6641

    23 Total Sales

    2 in Montecito

    $8.9M - $25.1M Price Range

    Tiffany Dore
     Section Image
  • Colleen Beall Real Estate Agent - Compass

    Colleen Beall

    Compass

    (805) 243-1083

    31 Total Sales

    1 in Montecito

    $1,900,000 Price

    Colleen Beall
     Section Image
  • Tamra Van Order Real Estate Agent - Keller Williams Realty Santa Barbara

    Tamra Van Order

    Responds Quickly

    Keller Williams Realty Santa Barbara

    (805) 308-6428

    34 Total Sales

    1 in Montecito

    $5,400,000 Price

    Tamra Van Order
     Section Image
  • Lisa Scibird Real Estate Agent - Berkshire Hathaway HomeServices California Properties

    Lisa Scibird

    Berkshire Hathaway HomeServices California Properties

    (805) 456-1528

    7 Total Sales

    3 in Montecito

    $2.9M - $5.4M Price Range

    Lisa Scibird
     Section Image
  • Maurie McGuire Real Estate Agent - Sotheby's International Realty

    Maurie McGuire

    Sotheby's International Realty

    (805) 617-1644

    21 Total Sales

    6 in Montecito

    $3.5M - $8.5M Price Range

    Maurie McGuire
     Section Image
  • Susan Pate Real Estate Agent - Compass

    Susan Pate

    Compass

    (805) 617-1044

    10 Total Sales

    1 in Montecito

    $3,460,000 Price

    Susan Pate
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,900,000 Chicago Title Company
-- Chicago Title Company
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $500,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/07/2020 10/07/20 Sold $2,900,000 -3.2% $1,069 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
08/26/2020 08/26/20 For Sale $2,995,000 -- $1,104 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $31,479 $3,091,425 $3,091,425
2025 $30,898 $3,030,809 $3,030,809
2023 $30,898 $2,913,120 $2,913,120 $0
2022 $29,887 $2,856,000 $2,856,000 $0
2021 $30,292 $2,900,000 $2,800,000 $100,000
2020 $29,638 $2,832,700 $1,652,410 $1,180,290
2019 $28,755 $2,777,158 $1,620,010 $1,157,148
2018 $28,192 $2,722,705 $1,588,246 $1,134,459
2017 $27,714 $2,669,319 $1,557,104 $1,112,215
2016 $26,928 $2,616,980 $1,526,573 $1,090,407
2015 $26,580 $2,577,672 $1,503,643 $1,074,029
2014 -- $2,527,180 $1,474,189 $1,052,991
Source: Public Records

Agents Affiliated with this Home

  • Robert Riskin Real Estate Agent - Village Properties

    Seller's Agent in 2020

    Robert Riskin

    Village Properties

    (805) 698-0199

    200 Total Sales

    Robert Riskin
    Section Image
  • Gregg Leach Real Estate Agent - Village Properties

    Buyer's Agent in 2020

    Gregg Leach

    Village Properties

    (805) 886-9000

    46 Total Sales

    Gregg Leach
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-3350

Santa Barbara Multiple Listing Service

APN: 007-120-044

California Santa Barbara County Santa Barbara 93108

701 Park Ln, Santa Barbara, CA

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