NOT LISTED FOR SALE

71 Olive Mill Rd Santa Barbara, CA 93108

Estimated Value: $3,257,000 - $4,083,000

2 Beds
0.5 Bath
2,123 Sq Ft
784 Sq Ft Lot

Highlights

  • Property is near an ocean
  • Contemporary Architecture
  • Wood Flooring
  • Santa Barbara Senior High School Rated A-
  • Multiple Fireplaces
  • Furnished

About This Home

As of May 2021

Montecito townhouse with light from three sides in exceptionally well-maintained complex. This stylish home is owned by an art dealer who occasionally offers it for rent while she is in London. Upstairs: Master Bedroom with fireplace, walk-in closet, and juliet balcony; Guest bedroom and 2nd bath; and Library/Office. Laundry room upstairs. Abundant closet space throughout. Downstairs: Generous living/dining room (with fireplace) which opens through French doors to a landscaped garden with olive and lemon trees, a bamboo hedge for shade and climbing roses. A glorious magnolia tree arches over a fountain. Contemporary kitchen with granite counter tops, a wall of cupboards and an additional private dining area. There is a powder room off the front entry and an attached two-car garage... A care-free, exceptional home with international
art in a most desirable area of Montecito. Walk to Butterfuly Beach, the Four Seasons Biltmore & Coral Casino, and the new shops, restaurants and Farmers Market along Coast Village Road. The
newly-opened Rosewood Miramar Resort is part of the area. Non-smokers, no pets. Ideal for a couple or single. Weekly housekeeper and weekly gardener are provided.

Last Agent to Rent the Property

Jon-Ryan Schlobohm

Compass License #01876237 Listed on: 04/17/2021

Compass

Last Renter's Agent

Jon-Ryan Schlobohm

Compass License #01876237 Listed on: 04/17/2021

Compass

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $25,568

Year Built

  • Built in 1996

Lot Details

  • Fenced
  • Irrigation
  • Drought Tolerant Landscaping
  • Property is in excellent condition

Home Design

  • Contemporary Architecture
  • Spanish Architecture

Interior Spaces

  • 2,123 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Multiple Fireplaces
  • Combination Dining and Living Room
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 0.5 Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Garage
  • Open Parking

Utilities

  • Forced Air Heating System
  • Water Softener Leased

Additional Features

  • Property is near an ocean
  • Property is near shops

Listing and Financial Details

  • Property Available on 5/10/20
  • Assessor Parcel Number 009-690-003

Community Details

Pet Policy

  • No Pets Allowed

Additional Features

  • Laundry Facilities
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$25,568

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Prop. Type: ResidentialLease
  • Reso Property Sub Type: Condominium
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Common Area
  • Co List Office Mls Id: COMPCA
  • Co List Office Phone: 805-253-7700
  • Architectural Style: Contemporary, Spanish
  • Reso Flooring: Hardwood
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Condition Excellent: Yes
  • Property Information:Date Available: 2020-05-10
  • Property Information Total Bathrooms2: 2.5
  • ParkingGarage Unc #13: Yes
  • GroundsLandscaping Fenced All: Yes
  • View Setting: Yes
  • Appliances Included Gas Range: Yes
  • Furnishings Fully Furnished: Yes
  • Property Information Year Built3: 1996
  • Architectural Style Spanish: Yes
  • ParkingGarage Gar #23: Yes
  • Proximity Near Ocean: Yes
  • Proximity Near Shopping: Yes
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • Construction Two Story: Yes
  • Security Smoke Detector(s): Yes
  • HeatingCooling GFA2: Yes
  • Dining Breakfast Area: Yes
  • FlrWdw Coverings Carpet2: Yes
  • Pets No: Yes
  • Appliances Included OvenBltin: Yes
  • LocationTopo Level2: Yes
  • FlrWdw Coverings Hardwood: Yes
  • Dining In Living Room: Yes
  • Fireplace(s):_two_: Yes
  • GroundsLandscaping Drought Tolerant LND: Yes
  • Laundry Common Area: Yes
  • Appliances Included Water Softener Rented: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1996

Interior Features

  • Appliances: Water Softener Rented, Gas Range, Oven/Blt-in, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: 2
  • Appliances Included:Dryer: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Microwave: Yes

Exterior Features

  • View: Setting
  • Exterior Features: Yard Irrigation PRT, Drought Tolerant LND, Fenced All

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Gar #2, Unc #1

Utilities

  • Heating: GFA
  • HeatingYN: Yes

Lot Info

  • Parcel #: 009-690-003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2013
Sold by
Deering Jane V
Bought by
Deering Jane Beatrice Van Dyke
Current Estimated Value
$3,550,979

Purchase Details

Closed on
Apr 13, 2006
Sold by
Strauss Richard S and Strauss Linda B
Bought by
Deering Christopher P and Deering Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,346,250
Outstanding Balance
$779,017
Interest Rate
6.29%
Mortgage Type
Unknown
Estimated Equity
$2,771,962

Purchase Details

Closed on
Sep 18, 2000
Sold by
Shafer Robert C and Shafer Adrian C
Bought by
Strauss Richard S and Strauss Linda B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.88%

Purchase Details

Closed on
Jul 24, 1998
Sold by
Suarez Eleanor U
Bought by
Shafer Robert C and Shafer Adrian C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6.75%

Purchase Details

Closed on
Jul 9, 1998
Sold by
The Suarez Family Ltd Partnership
Bought by
Suarez Eleanor U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6.75%

Purchase Details

Closed on
Nov 13, 1997
Sold by
Suarez Robert and Suarez Eleanor U
Bought by
The Suarez Family Ltd Partnership

Purchase Details

Closed on
Oct 23, 1996
Sold by
Suarez Robert and Suarez Eleanor U
Bought by
Suarez Robert and Suarez Eleanor U

Purchase Details

Closed on
Mar 27, 1996
Sold by
Luria and Luria Dunn
Bought by
Suarez Robert and Suarez Eleanor U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
7.5%

Purchase Details

Closed on
Mar 26, 1996
Sold by
Suarez Robert and Suarez Eleanor U
Bought by
Suarez Robert and Suarez Eleanor U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
7.5%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Deering Jane Beatrice Van Dyke -- None Available
Deering Christopher P -- None Available
Deering Christopher P $1,795,000 Fidelity National Title Co
Strauss Richard S -- Fidelity National Title Co
Shafer Robert C -- Equity Title Company
Suarez Eleanor U -- --
The Suarez Family Ltd Partnership -- --
Suarez Robert -- --
Suarez Robert -- First American Title
Suarez Robert -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deering Christopher P $1,346,250
Previous Owner Strauss Richard S $450,000
Previous Owner Shafer Robert C $30,000
Previous Owner Shafer Robert C $290,000
Previous Owner Suarez Robert $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2021 05/23/21 Rented $8,500 0.0% --
05/23/2021 05/23/21 Under Contract -- -- --
04/17/2021 04/17/21 For Rent $8,500 +30.8% --
12/20/2019 12/20/19 Rented $6,500 0.0% --
11/20/2019 11/20/19 Under Contract -- -- --
09/30/2019 09/30/19 For Rent $6,500 +4.8% --
07/24/2018 07/24/18 Rented -- -- --
06/24/2018 06/24/18 Under Contract -- -- --
02/09/2018 02/09/18 For Rent $6,200 -- --
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 $25,568 $2,453,007 $1,223,087 $1,229,920
2023 $25,568 $2,192,000 $1,097,000 $1,095,000
2022 $22,974 $2,149,000 $1,075,000 $1,074,000
2021 $20,911 $1,953,000 $977,000 $976,000
2020 $18,295 $1,699,000 $850,000 $849,000
2019 $18,291 $1,699,000 $850,000 $849,000
2018 $19,208 $1,788,000 $895,000 $893,000
2017 $19,210 $1,788,000 $895,000 $893,000
2016 $18,140 $1,703,000 $852,000 $851,000
2015 $16,494 $1,548,000 $774,000 $774,000
2014 -- $1,518,000 $759,000 $759,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 21-1394

Santa Barbara Multiple Listing Service

APN: 009-690-003