NOT LISTED FOR SALE

Estimated Value: $1,847,000 - $13,528,019

5 Beds
10 Baths
7,500 Sq Ft
$1,062/Sq Ft Est. Value

Sale Details

Date Sold: June 24, 2020

Last sale price $7,900,000 $1,053 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $59,726 / mo

224 Days on Market

Highlights

  • Accessory Dwelling Unit (ADU)
  • Art Studio
  • Estate
  • Ocean View
  • Spa
  • 4.59 Acre Lot

About This Home

As of June 2020

VIRTUAL TOUR UPON REQUEST -- Custom Montecito Country Mediterranean home on 4.5 private gated acres. Multiple high quality recent additions and remodeling create this exceptional opportunity for true indoor/outdoor lifestyle. Pool, BBQ, gardens, and terraces, beckon a fusion of interiors with a private garden paradise. Two large 3-car Garages and a detached 2 bedroom/2 bath Guest Apartment add to incredible versatility. A hen house and veggie garden invite the gourmet farmer to indulge in the best life has to offer, as well as a glass-walled Art Studio and lower level Gym.

Last Agent to Sell the Property

Randall Solakian

Coldwell Banker Realty License #00622258 Listed on: 10/16/2019

Coldwell Banker Realty

Co-Listed By

Deanna Solakian

Coldwell Banker Realty License #01895788

Last Buyer's Agent

J.J. Gobbell

Berkshire Hathaway HomeServices California Properties License #02063124

Berkshire Hathaway HomeServices California Properties

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 4.59 Acre Lot
  • Rural Setting
  • Gated Home
  • Level Lot
  • Fruit Trees
  • Lawn
  • Property is in excellent condition

Parking

  • 6 Car Direct Access Garage

Property Views

  • Ocean
  • Mountain

Home Design

  • Estate
  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 7,500 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Library
  • Art Studio
  • Home Gym
  • Breakfast Area or Nook
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • Deck
  • Shed
  • Built-In Barbecue

Additional Homes

  • Accessory Dwelling Unit (ADU)

Schools

  • Summerland Elementary School
  • Carp. Jr. Middle School
  • Carp. Sr. High School

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Stub Out

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 155-250-004

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

4.59 Acres

Parking

6

Listing Details

  • Prop. Type: Residential
  • Year Built: 2001
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level, Rural
  • ResoSecurityFeatures: Gate:Elec, Security System, Fire Alarm, Smoke Detector(s)
  • Co List Office Mls Id: cb02
  • Co List Office Phone: 805-565-2200
  • Architectural Style: Medit, Estate
  • Reso Flooring: Wood, Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Shed(s), Second Residence
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2001
  • Property Information Total #Units: 2
  • Property Information Apx # Acres: 4.59
  • NeighborhoodSchools Elementary School: Summerland
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Property Information ADU: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • Security Smoke Detector(s)2: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • Style Estate2: Yes
  • Construction Two Story2: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • Rooms Art Studio2: Yes
  • Rooms Exercise Room2: Yes
  • Dining Breakfast Area2: Yes
  • Amenities Guest House2: Yes
  • Amenities Wet Bar2: Yes
  • Fireplace(s) Family Room3: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Deck3: Yes
  • Other Buildings Shed: Yes
  • Other Buildings Second Residence2: Yes
  • ViewOcean: Yes
  • Amenities Second Residence: Yes
  • ParkingGarage Detached: Yes
  • Security Fire Alarm2: Yes
  • FlrWdw Coverings Wood2: Yes
  • Style Medit2: Yes
  • Rooms LbryStudy: Yes
  • LocationTopo Rural2: Yes
  • ParkingGarage Gar #6: Yes
  • ParkingGarage:Total _pound_ Garage Spaces: 6.0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 8
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, LR
  • Total Bedrooms: 10

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Ocean
  • Construction Type: Stucco
  • Acres: 4.59
  • Topography: Rural, Level
  • Exterior Features: Pool, Deck, SPA-Outside, Lawn, Fruit Trees, Fenced: ALL
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 6.0
  • Parking Features: Gar #6, Interior Access, Attached, Detached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes

Schools

  • Elementary School: Summerland
  • High School: Carp. Sr.
  • Middle Or Junior School: Carp. Jr.

Lot Info

  • Parcel #: 155-250-004
  • Zoning: Other
  • Lot Size Sq Ft: 199940.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

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
Oct 16, 2019
Closed on
Jun 19, 2020
Sold by
Guerin Fabienne
Bought by
Seller's Agent
Randall Solakian
Coldwell Banker Realty
Buyer's Agent
J.J. Gobbell
Berkshire Hathaway HomeServices California Properties
List Price
$9,650,000
Sold Price
$7,900,000
Premium/Discount to List
-$1,750,000
-18.13%
Current Estimated Value
$9,401,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,501,799
Avg. Annual Appreciation
0.13%

Purchase Details

Listed on
Mar 6, 2014
Closed on
Dec 10, 2014
Sold by
Phalen Richard C and Phalen Tina
Bought by
Fabienne & John Patrick Guerin Trust
Seller's Agent
Cristal Clarke
Sotheby's International Realty
Buyer's Agent
Randall Solakian
Coldwell Banker Realty
List Price
$5,395,000
Sold Price
$3,900,000
Premium/Discount to List
-$1,495,000
-27.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.77%

Purchase Details

Closed on
Oct 29, 2013
Sold by
Phalen Richard C and Phalen Tina
Bought by
Phalen Richard C and Phalen Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
2.41%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
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

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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
$7,900,000 Wfg National Title
Fabienne & John Patrick Guerin Trust $3,900,000 Chicago Title Company
Phalen Richard C -- Placer 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 $938,250
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
06/24/2020 06/24/20 Sold $7,900,000 -18.1% $1,053 / Sq Ft
05/26/2020 05/26/20 Pending -- -- --
10/15/2019 10/15/19 For Sale $9,650,000 +147.4% $1,287 / Sq Ft
01/06/2015 01/06/15 Sold $3,900,000 -27.7% $806 / Sq Ft View Prior Sale
12/02/2014 12/02/14 Pending -- -- --
03/06/2014 03/06/14 For Sale $5,395,000 -- $1,115 / 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 $94,209 $8,812,596 $2,788,796 $6,023,800
2025 $92,435 $8,639,801 $2,734,114 $5,905,687
2023 $92,435 $8,304,309 $2,627,946 $5,676,363
2022 $89,764 $8,141,480 $2,576,418 $5,565,062
2021 $87,969 $7,981,844 $2,525,900 $5,455,944
2020 $66,743 $5,968,860 $2,299,877 $3,668,983
2019 $64,110 $5,801,825 $2,254,782 $3,547,043
2018 $54,244 $4,844,437 $2,162,532 $2,681,905
2017 $45,120 $4,118,664 $2,071,110 $2,047,554
2016 $43,493 $3,959,475 $2,030,500 $1,928,975
2015 $36,805 $3,334,847 $1,878,254 $1,456,593
2014 $34,673 $3,269,523 $1,841,462 $1,428,061
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-3561

Santa Barbara Multiple Listing Service

APN: 155-250-004

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