NOT LISTED FOR SALE

735 Fuera Ln Santa Barbara, CA 93108

Estimated Value: $8,713,000 - $15,800,157

5 Beds
6.5 Baths
4,603 Sq Ft
$2,378/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $11,455,500 $2,489 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $68,893/month

47 Days on Market

Highlights

  • Guest House
  • Tennis Courts
  • In Ground Pool
  • Santa Barbara Senior High School Rated A-
  • Home Theater
  • Maid or Guest Quarters

About This Home

As of May 2021

Nestled on a quiet lane in the heart of Montecito, this 1920's estate epitomizes the refinement & romance of southern France with the casual sophistication and lush gardens for which Montecito is known. Classic architecture & divine details create a timeless composition. Formal rooms flow beautifully & offer spaces for grand entertaining as well as intimate moments. The lavish master suite includes dual baths & closets as well as a private office & mtn view terrace. Two additional bd suites, each with their own sitting room, are wonderful accommodations. Unfolding graciously over 1.1 acres to host the main house, pool, 1-bedroom cabana with gym and media room, guest house, and well-lit sport court, the property takes on a magical quality that expands to create a sense of place and purpose.

Last Agent to Sell the Property

Robert Riskin

Village Properties License #01954177 Listed on: 03/19/2021

Last Buyer's Agent

Brook Billings

Compass License #01997704

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $126,785

Year Built

  • Built in 1928

Lot Details

  • 1.13

Parking

  • Attached Garage

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Entryway
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Home Office
  • Pool Views
  • Attic

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Tennis Courts
  • Open Patio

Additional Features

  • 1.13 Acre Lot
  • Guest House
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 011-110-024

Community Details

Overview

  • No Home Owners Association

Recreation

  • Sport Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$126,785

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Levels: Two
  • Lot Acreage: 1.1300
  • Stories: 2
  • Year Built: 1928
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room, Master Bedroom, Gas
  • Flooring: Hardwood, Tile
  • Bedrooms: 5
  • Full Bathroom: 6
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Room
  • Total Bathrooms: 7.00
  • Den: 0
  • Equipment: Dishwasher, Refrigerator, Range/Oven, Washer, Dryer

Exterior Features

  • Other Structures: GuestHouse
  • Tennis Court: Sport Court
  • Tennis Court Y/N: Yes
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Pool
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car, Attached

Utilities

  • Cooling: Central, Air Conditioning
  • Heating: Forced Air

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 011-110-024
  • Lot Size Area: 49223

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2021
Closed on
May 20, 2021
Sold by
Mayrock Elliot and Mayrock Alecia
Bought by
Gardenwood Llc
Seller's Agent
Robert Riskin
Village Properties
Buyer's Agent
Brook Billings
Compass
List Price
$12,250,000
Sold Price
$11,455,500
Premium/Discount to List
-$794,500
-6.49%
Current Estimated Value
$10,947,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$507,961
Avg. Annual Appreciation
1.70%

Purchase Details

Closed on
Dec 21, 2009
Sold by
Mayrock Elliot and Mayrock Alecia B
Bought by
Mayrock Elliot and Mayrock Alecia

Purchase Details

Closed on
May 11, 2009
Sold by
Berkoff S
Bought by
Mayrock Elliot and Mayrock Alecia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 22, 2005
Sold by
Levine Peter J
Bought by
Berkoff S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,300,000
Interest Rate
5.15%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 22, 2003
Sold by
Levine Peter
Bought by
Levine Peter J

Purchase Details

Closed on
Jun 15, 2001
Sold by
Harris Lisa
Bought by
Levine Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,750,000
Interest Rate
6.73%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 14, 2001
Sold by
Marks Jeffrey S
Bought by
Levine Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,750,000
Interest Rate
6.73%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 15, 1998
Sold by
Marks Jeffrey and Marks Rose
Bought by
Marks Jeffrey and Marks Rose

Purchase Details

Closed on
Aug 3, 1998
Sold by
Crowe A Lawrence and Crowe Anne Spooner
Bought by
Marks Jeffrey and Marks Rose

Purchase Details

Closed on
Feb 10, 1994
Sold by
Mcdonald Michael Hanley
Bought by
Crowe A Lawrence and Crowe Anne Spooner

Purchase Details

Closed on
Dec 6, 1993
Sold by
Home Svgs Of America
Bought by
Mcdonald Michael Hanley
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gardenwood Llc $11,430,500 Chicago Title Company
Mayrock Elliot -- None Available
Mayrock Elliot -- Lawyers Title Company
Berkoff S -- Lawyers Title Company
Levine Peter J -- Alliance Title Company
Levine Peter -- Lawyers Title Company
Levine Peter -- Lawyers Title Company
Marks Jeffrey -- Equity Title Company
Marks Jeffrey -- Equity Title Company
Crowe A Lawrence -- Chicago Title Company
Mcdonald Michael Hanley -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mayrock Elliot $4,000,000
Previous Owner Mayrock Elliot $4,000,000
Previous Owner Mayrock Elliot $4,000,000
Previous Owner Berkoff S $4,300,000
Previous Owner Levine Peter $3,750,000
Previous Owner Marks Jeffrey S $1,534,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2021 05/27/21 Sold $11,455,500 -6.5% $2,489 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
03/19/2021 03/19/21 For Sale $12,250,000 -- $2,661 / Sq Ft
Source: The MLS

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 $126,785 $12,372,739 $4,600,336 $7,772,403
2023 $126,785 $11,892,292 $4,421,700 $7,470,592
2022 $122,258 $11,659,110 $4,335,000 $7,324,110
2021 $73,946 $7,002,000 $2,613,000 $4,389,000
2020 $67,382 $6,365,000 $2,375,000 $3,990,000
2019 $67,170 $6,365,000 $2,375,000 $3,990,000
2018 $70,625 $6,700,000 $2,500,000 $4,200,000
2017 $86,110 $8,188,928 $4,438,329 $3,750,599
2016 $83,509 $8,028,361 $4,351,303 $3,677,058
2015 $82,243 $7,907,769 $4,285,943 $3,621,826
2014 -- $7,752,868 $4,201,988 $3,550,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-707968

The MLS

APN: 011-110-024