NOT LISTED FOR SALE

Estimated Value: $6,711,000 - $7,612,000

4 Beds
4.5 Baths
4,259 Sq Ft
$1,673/Sq Ft Est. Value

Last Sold August 14, 2013

Last sale price $3,200,000 $751 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $41,014/month

169 Days on Market

Highlights

  • Guest House
  • Home Theater
  • Property is near an ocean
  • Cold Spring Elementary School Rated A+
  • Spa
  • Craftsman Architecture

About This Home

As of August 2013

Located within the prestigious original Arcady Estate is this 4000± sq ft, Craftsman home with a contemporary flair. Set on 1.3± acres w/beautiful lush landscaping, mature trees & bold mountain views this home boasts 4 bdrms, media room, gourmet kitchen, 2 bdrm cottage, pool, spa & detached 2 car garage in addition to the main house garage, total 4 car-garage. Cold Springs School.

Last Agent to Sell the Property

Lisa Lloyd

Sotheby's International Realty License #01428913 Listed on: 05/29/2013

Last Buyer's Agent

The Santa Barbara

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 1.03 Acre Lot
  • Back Yard Fenced
  • Lawn
  • Property is in excellent condition
  • Property is zoned E-1

Home Design

  • Craftsman Architecture

Interior Spaces

  • Multiple Fireplaces
  • Double Pane Windows
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Home Theater
  • Library
  • Game Room
  • Mountain Views
  • Home Security System
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Built-In Double Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Maid or Guest Quarters

Parking

  • Direct Access Garage
  • Uncovered Parking

Pool

  • Spa
  • Outdoor Pool

Outdoor Features

  • Property is near an ocean
  • Deck
  • Patio
  • Built-In Barbecue

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Sewer Stub Out

Additional Features

  • Stepless Entry
  • Guest House
  • Property is near park, schools, and shops

Listing and Financial Details

  • Assessor Parcel Number 013-191-013

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 2004
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoSecurityFeatures: Security System
  • Subdivision Name: Other
  • Architectural Style: Craftsman
  • Reso Flooring: Carpet, Hardwood
  • Garage Yn: Yes
  • Unit Levels: Entry Lvl(No Stairs), Outside Stairs
  • New Construction: No
  • Reso Property Condition: Excellent, Good
  • Property Information Year Built2: 2004
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.03
  • NeighborhoodSchools Elementary School: Cold Spring
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Construction Entry Lvl(No Stairs)2: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Dining Breakfast Bar2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Microwave3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • Proximity Near Shopping2: Yes
  • Amenities Guest House2: Yes
  • Amenities Guest Quarters2: Yes
  • Fireplace(s):_two_4: Yes
  • Condition Good2: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Deck3: Yes
  • GroundsLandscaping Hot Tub2: Yes
  • GroundsLandscaping Fenced BCK: Yes
  • Appliances Included OvenBltin: Yes
  • ParkingGarage Gar #4: Yes
  • Rooms LbryStudy: Yes
  • Rooms Theatre2: Yes
  • ParkingGarage Unc #33: Yes
  • Style Craftsman2: Yes
  • Rooms Game Room3: Yes
  • Assessor's Data Assessor Year Built: 2005.0
  • Assessor's Data Assessor Lot Acres: 1.08
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Oven/Bltin, Dishwasher, Disposal, Double Oven, Gas Stove, Microwave
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Other, 2+, LR
  • Appliances Included:Double Oven2: Yes

Exterior Features

  • View: Mountain(s), Setting
  • Acres: 1.03
  • Exterior Features: Pool, Deck, Patio Open, Hot Tub, Lawn, Fenced: BCK

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #4, Unc #3, Interior Access, Attached

Utilities

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

Schools

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

Lot Info

  • Parcel #: 013-191-013
  • Zoning: E-1
  • Lot Size Sq Ft: 44866.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2013
Closed on
Aug 12, 2013
Sold by
Snider David
Bought by
Snider Robin
Seller's Agent
Lisa Lloyd
Sotheby's International Realty
Buyer's Agent
The Santa Barbara
Berkshire Hathaway HomeServices California Properties
List Price
$3,595,000
Sold Price
$3,200,000
Premium/Discount to List
-$395,000
-10.99%
Current Estimated Value
$7,126,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,926,572
Avg. Annual Appreciation
6.67%
Original Mortgage
$1,990,000
Outstanding Balance
$1,417,614
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,708,958

Purchase Details

Listed on
May 29, 2013
Closed on
Aug 2, 2013
Sold by
Watkins Jeffrey K and Watkins Patricia F
Bought by
Snider Robin
Seller's Agent
Lisa Lloyd
Sotheby's International Realty
Buyer's Agent
The Santa Barbara
Berkshire Hathaway HomeServices California Properties
List Price
$3,595,000
Sold Price
$3,200,000
Premium/Discount to List
-$395,000
-10.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,990,000
Outstanding Balance
$1,417,614
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,708,958

Purchase Details

Closed on
Feb 2, 2005
Sold by
Watkins Jeffrey K and Watkins Patricia
Bought by
Watkins Jeffrey K and Watkins Patricia F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,875,000
Interest Rate
2.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 15, 2002
Sold by
Investec Signature Series Llc
Bought by
Investec Signature Series Llc

Purchase Details

Closed on
Jan 11, 2002
Sold by
Gibbens Stephen F and Gibbens Margaret A
Bought by
Investec Signature Series Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.01%

Purchase Details

Closed on
Sep 27, 2001
Sold by
Gibbens Stephen F and Gibbens Margaret A
Bought by
Gibbens Stephen F and Gibbens Margaret A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Snider Robin -- Chicago Title Company
Snider Robin $3,200,000 Chicago Title Company
Watkins Jeffrey K -- --
Watkins Jeffrey K $3,750,000 First American Title Company
Investec Signature Series Llc $130,000 --
Investec Signature Series Llc $1,260,000 First American Title Co
Gibbens Stephen F -- --
Gibbens Stephen F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Snider Robin $1,990,000
Previous Owner Watkins Jeffrey K $1,875,000
Previous Owner Investec Signature Series Llc $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2013 08/14/13 Sold $3,200,000 -11.0% $751 / Sq Ft
07/17/2013 07/17/13 Pending -- -- --
01/29/2013 01/29/13 For Sale $3,595,000 -- $844 / 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 $44,992 $4,245,398 $1,287,153 $2,958,245
2023 $44,992 $4,080,546 $1,237,172 $2,843,374
2022 $43,442 $4,000,536 $1,212,914 $2,787,622
2021 $42,548 $3,922,095 $1,189,132 $2,732,963
2020 $41,836 $3,881,879 $1,176,939 $2,704,940
2019 $41,288 $3,805,764 $1,153,862 $2,651,902
2018 $40,508 $3,731,142 $1,131,238 $2,599,904
2017 $39,174 $3,602,983 $1,109,057 $2,493,926
2016 $37,364 $3,471,710 $1,087,311 $2,384,399
2014 $34,598 $3,200,000 $1,050,000 $2,150,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 13-309

Santa Barbara Multiple Listing Service

APN: 013-191-013