Maurie McGuire
Sotheby's International Realty
(805) 617-1644
21 Total Sales
6 in Montecito
$3.5M - $8.5M Price Range
703 Park Ln Santa Barbara, CA 93108
Montecito AreaEstimated Value: $9,099,588
6
Beds
6.5
Baths
5,175
Sq Ft
$1,758/Sq Ft
Est. Value
Highlights
- Pool
- Updated Kitchen
- Guest Quarters
- Santa Barbara Senior High School Rated A-
- Mountain View
- Fireplace in Primary Bedroom
About This Home
As of July 2020Enter through the iron gates, off of one of Montecito's most revered streets...Park Lane. The seemingly endless, private drive unfurl this spectacular and published Spanish Colonial Revival gem. You will step back in time, as you approach the remodeled home, inspired by George Washington Smith, one of Santa Barbara's most beloved architects. The home is perfectly placed on the 1 acre plus parcel, in the heart of the Golden Quadrangle and has been newly remodeled with meticulous attention to detail. Quality and craftsmanship abound in the hand-painted ceilings, vintage mahogany doors and hardware, Tecate glazed geometric designed terra cotta floor with imported, reclaimed tile accents. Santa Barbara screen doors beckon you from all living areas to the mature gardens and grounds, featuring hand carved stone patios and ancient oak trees. Notice the unique Spanish, heavy-stacked red tile roof. This stunning 5Bd, 6 Ba home offers a charming, timeless design with all the modern technology and conveniences one would expect. The kitchen alone will make you swoon, featuring not one, but two La Cornue gas ranges, stylish and secret pantry, vast kitchen island accessorized with beautiful Calcutta marble counter tops and a refrigerator/freezer you won't soon forget. Each of the five bedrooms has a private bath, a spacious walk-in closet, and separate access to outdoor living spaces. The master bedroom welcomes you with a vaulted ceiling, elegant plaster fireplace and carved beams that instantly affirm you have found your haven. Step outside and indulge in the mountain views, take a dip in the pool, make a wood fired pizza, and admire your own personal, private sanctuary. The detached three car garage houses an additional laundry facility downstairs and a 1 Bd guest suite upstairs with a private deck and oversized, full bathroom. As a bonus, even the chicken coop echos the architectural details of the home. This expansive compound has undeniable soul and magic. Bring your electric vehicle to charge when you show!
Last Agent to Sell the Property
Sotheby's International Realty License #01175027 Listed on: 06/25/2020
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Home Details
Home Type
- Single Family
Year Built
- Built in 1965
Lot Details
- 1.09 Acre Lot
- Gated Home
- Level Lot
- Lawn
- Drought Tolerant Landscaping
- Property is in excellent condition
Parking
- Detached Garage
Home Design
- Spanish Architecture
- Tile Roof
- Stucco
Interior Spaces
- 5,175 Sq Ft Home
- 2-Story Property
- Cathedral Ceiling
- Living Room with Fireplace
- Formal Dining Room
- Home Office
- Tile Flooring
- Mountain Views
Kitchen
- Updated Kitchen
- Breakfast Bar
- Built-In Double Oven
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 6 Bedrooms
- Main Floor Bedroom
- Fireplace in Primary Bedroom
- Remodeled Bathroom
- Guest Quarters
Laundry
- Laundry Room
- Dryer
- Washer
Pool
Outdoor Features
- Fireplace in Patio
- Patio
- Built-In Barbecue
Schools
- Mont Union Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Additional Features
- Property is near schools
- Forced Air Heating System
Listing and Financial Details
- Exclusions: Other
- Assessor Parcel Number 007-120-043
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
Closed on
Mar 5, 2021
Sold by
Bought by
Current Estimated Value
Purchase Details
Listed on
Jun 25, 2020
Closed on
Jul 20, 2020
Sold by
Bought by
Seller's Agent
Maureen McDermut
Sotheby's International Realty
Buyer's Agent
Maurie McGuire
Sotheby's International Realty
List Price
$6,385,000
Sold Price
$6,500,000
Premium/Discount to List
$115,000
1.8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%
Purchase Details
Listed on
Apr 1, 2013
Closed on
Dec 3, 2013
Sold by
Bought by
Seller's Agent
Nancy Kogevinas
Sotheby's International Realty
Buyer's Agent
Susan Burns
Sotheby's International Realty
List Price
$4,300,000
Sold Price
$3,050,000
Premium/Discount to List
-$1,250,000
-29.07%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.15%
Original Mortgage
$2,287,500
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Sep 5, 2008
Sold by
Bought by
Purchase Details
Closed on
Aug 25, 2008
Sold by
Bought by
Purchase Details
Closed on
Jul 27, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,675,000
Interest Rate
5.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 7, 1994
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Santa Barbara, CA
-
Maurie McGuire
-
Susan Pate
Susan Pate
Compass
(805) 617-1044
10 Total Sales
1 in Montecito
$3,460,000 Price
-
Janice Laney
Janice Laney
Keller Williams Santa Barbara
(805) 865-7385
31 Total Sales
4 in Montecito
$1.4M - $4.7M Price Range
-
Tiffany Dore
Tiffany Dore
Village Properties
(805) 324-6641
23 Total Sales
2 in Montecito
$8.9M - $25.1M Price Range
-
Colleen Beall
Colleen Beall
Compass
(805) 243-1083
31 Total Sales
1 in Montecito
$1,900,000 Price
-
Tamra Van Order
Tamra Van Order
Responds QuicklyKeller Williams Realty Santa Barbara
(805) 308-6428
34 Total Sales
1 in Montecito
$5,400,000 Price
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 |
|---|---|---|---|
| -- | None Available | ||
| $6,500,000 | Chicago Title Company | ||
| $3,050,000 | Chicago Title Company | ||
| -- | Chicago Title Company | ||
| -- | Chicago Title Company | ||
| -- | Chicago Title Company | ||
| -- | Fidelity National Title Co | ||
| $1,600,000 | First American Title |
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 | $1,516,000 | ||
| Previous Owner | $2,287,500 | ||
| Previous Owner | $2,287,500 | ||
| Previous Owner | $500,000 | ||
| Previous Owner | $250,000 | ||
| Previous Owner | $115,000 | ||
| Previous Owner | $2,675,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 07/22/2020 07/22/20 | Sold | $6,500,000 | +1.8% | $1,256 / Sq Ft | |
| 07/01/2020 07/01/20 | Pending | -- | -- | -- | |
| 06/24/2020 06/24/20 | For Sale | $6,385,000 | +109.3% | $1,234 / Sq Ft | |
| 12/17/2013 12/17/13 | Sold | $3,050,000 | -29.1% | $578 / Sq Ft | View Prior Sale |
| 06/04/2013 06/04/13 | Pending | -- | -- | -- | |
| 06/04/2012 06/04/12 | For Sale | $4,300,000 | -- | $814 / 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 | $74,315 | $7,188,197 | $2,428,977 | $4,759,220 |
| 2025 | $72,964 | $7,047,252 | $2,381,350 | $4,665,902 |
| 2023 | $72,964 | $6,762,600 | $2,288,880 | $4,473,720 |
| 2022 | $70,313 | $6,630,000 | $2,244,000 | $4,386,000 |
| 2021 | $68,851 | $6,500,000 | $2,200,000 | $4,300,000 |
| 2020 | $40,010 | $3,710,040 | $2,241,789 | $1,468,251 |
| 2019 | $39,033 | $3,637,295 | $2,197,833 | $1,439,462 |
| 2018 | $38,296 | $3,565,977 | $2,154,739 | $1,411,238 |
| 2017 | $35,662 | $3,311,547 | $2,112,490 | $1,199,057 |
| 2016 | $33,674 | $3,158,380 | $2,071,069 | $1,087,311 |
| 2014 | $32,535 | $3,050,000 | $2,000,000 | $1,050,000 |
Source: Public Records
Agents Affiliated with this Home
-
Maureen McDermut
M
Seller's Agent in 2020
Maureen McDermut
Sotheby's International Realty
(805) 570-5545
62 Total Sales
-
Maurie McGuire
Buyer's Agent in 2020
Maurie McGuire
Sotheby's International Realty
(805) 403-8816
21 Total Sales
-
S
Buyer Co-Listing Agent in 2020
Scott Westlotorn
Sotheby's International Realty
-
Nancy Kogevinas
Seller's Agent in 2013
Nancy Kogevinas
Sotheby's International Realty
(805) 450-6233
182 Total Sales
-
Linos Kogevinas
Seller Co-Listing Agent in 2013
Linos Kogevinas
Sotheby's International Realty
(805) 677-2013
-
S
Buyer's Agent in 2013
Susan Burns
Sotheby's International Realty
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 20-2343
APN: 007-120-043
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
This information is being provided for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that you may be interested in purchasing. Data relating to real estate for sale on this Website comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. All information is deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither the Santa Barbara Multiple Listing Service nor the listing broker(s) shall be responsible for any typographical errors, misinformation, or misprints.
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