NOT LISTED FOR SALE

739 Hot Springs Rd Santa Barbara, CA 93108

Estimated Value: $8,212,000 - $9,414,867

2 Beds
4 Baths
2,822 Sq Ft
$3,042/Sq Ft Est. Value

Last Sold December 21, 2018

Last sale price $4,246,090 $1,505 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $51,987/month

406 Days on Market

Highlights

  • Ocean View
  • Pool House
  • 1.7 Acre Lot
  • Santa Barbara Senior High School Rated A-
  • Reverse Osmosis System
  • Fruit Trees

About This Home

As of December 2018

Situated in the heart of Montecito, this private estate is accessed by a long gated driveway, which opens to a sylvan paradise. The immaculate single level home is surrounded my mature oaks and stunning gardens designed by Isabelle Greene. The main home consists of two bedrooms plus a spacious office, and the home is complemented by a pool and full cabana with bathroom at the lower portion of the property. Situated on approximately 1.72 acres, the ocean view property has ample room for expansion. Separate adjoining parcel and house available.

Last Agent to Sell the Property

Teresa McWilliams

Coldwell Banker Realty Listed on: 10/02/2017

Last Buyer's Agent

Nancy Kogevinas

Berkshire Hathaway HomeServices California Properties License #01209514

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Mobile/Manufactured

Est. Annual Taxes

  • $62,479

Year Built

  • Built in 1949

Lot Details

  • 1.7 Acre Lot
  • Fenced
  • Level Lot
  • Hilly Lot
  • Fruit Trees
  • Property is in excellent condition

Property Views

  • Ocean
  • Mountain

Home Design

  • Ranch Style House
  • Tile Roof
  • Stucco

Interior Spaces

  • Multiple Fireplaces
  • Formal Dining Room
  • Home Security System

Kitchen

  • Double Oven
  • Gas Range
  • Dishwasher
  • Disposal
  • Reverse Osmosis System

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Open Parking

Pool

  • Pool House
  • Outdoor Pool

Schools

  • Mont Union Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Forced Air Heating System
  • Water Softener is Owned
  • Sewer Stub Out
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Single Wide

Community Details

  • Pets Allowed

Listing and Financial Details

  • Exclusions: Other
  • Assessor Parcel Number 011-090-005

Property Details

Home Type

Mobile/Manufactured

Est. Annual Taxes

$62,479

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Directions: East Valley north on Hot Springs. Driveway on left after Riven Rock.
  • Prop. Type: Residential
  • Year Built: 1949
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level
  • Road Frontage Type: Easement
  • ResoSecurityFeatures: Security System
  • Reso Accessibility Features: Other
  • Architectural Style: Ranch
  • Body Type: Single Wide
  • Reso Flooring: Carpet, Hardwood, Tile
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1949
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.7
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • LocationTopo Hilly2: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Construction Single Story2: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • View Setting2: Yes
  • Laundry Laundry Room2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Washer3: Yes
  • Security Security System: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Dining Formal2: Yes
  • Appliances Included Rev Osmosis2: Yes
  • Fireplace(s):_two_3: Yes
  • FlrWdw Coverings Carpet: Yes
  • Roof:Tile2: Yes
  • ViewOcean: Yes
  • Site Improvements Cable TV3: Yes
  • Appliances Included Wtr SoftenerOwned: Yes
  • Pets Yes: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • MH Features Single: Yes
  • ParkingGarage Unc #22: Yes
  • GroundsLandscaping Pool House2: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured

Interior Features

  • Appliances: Refrigerator, Gas Range, Dishwasher, Disposal, Double Oven, Dryer, Rev Osmosis, Washer, Wtr Softener/Owned
  • Full Bathrooms: 4
  • Total Bedrooms: 2
  • Fireplace Features: 2
  • Total Bedrooms: 6
  • Appliances Included:Double Oven2: Yes

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Ocean, Setting
  • Construction Type: Stucco
  • Acres: 1.7
  • Topography: Hilly, Level
  • Exclusions: Other
  • Exterior Features: Pool, Pool House, Patio Covered, Fruit Trees, Fenced: ALL
  • Foundation Details: Mixed

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Other

Schools

  • Elementary School: Mont Union
  • High School: S.B. Sr.
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 011-090-005
  • Zoning: R-1
  • Lot Size Sq Ft: 74052.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2017
Closed on
Dec 6, 2018
Sold by
Revoca Petersen Donald L
Bought by
Chapman Cohn David K and Chapman Cohn Deborah
Seller's Agent
Teresa McWilliams
Coldwell Banker Realty
Buyer's Agent
Nancy Kogevinas
Berkshire Hathaway HomeServices California Properties
List Price
$4,999,999
Sold Price
$4,246,090
Premium/Discount to List
-$753,909
-15.08%
Current Estimated Value
$8,585,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,339,377
Avg. Annual Appreciation
10.63%

Purchase Details

Closed on
Apr 13, 2017
Sold by
Petersen Donald L
Bought by
Petersen Donald L

Purchase Details

Closed on
May 17, 2010
Sold by
Price Leslie C and Petersen Donald L
Bought by
Petersen Donald L

Purchase Details

Closed on
May 15, 1997
Sold by
Petersen Jo Anne
Bought by
Price Leslie C and Petersen Donald L
Source: Public Records

Range of Values:

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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
Chapman Cohn David K $4,246,500 Chicago Title Co
Petersen Donald L -- None Available
Petersen Donald L -- None Available
Price Leslie C -- --
Petersen Jo Anne -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2018 12/21/18 Sold $4,246,090 -15.1% $1,505 / Sq Ft
11/12/2018 11/12/18 Pending -- -- --
10/02/2017 10/02/17 For Sale $4,999,999 -- $1,772 / 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 $62,479 $6,010,040 $2,820,632 $3,189,408
2023 $62,479 $5,776,664 $2,711,104 $3,065,560
2022 $60,365 $5,663,397 $2,657,946 $3,005,451
2021 $50,592 $4,725,880 $2,596,418 $2,129,462
2020 $46,533 $4,331,011 $2,550,000 $1,781,011
2019 $45,317 $4,246,090 $2,500,000 $1,746,090
2018 $48,397 $4,537,847 $2,836,155 $1,701,692
2017 $47,502 $4,448,871 $2,780,545 $1,668,326
2016 $30,244 $2,815,842 $1,631,764 $1,184,078
2015 $29,670 $2,773,547 $1,607,254 $1,166,293
2014 -- $2,719,218 $1,575,771 $1,143,447
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Teresa McWilliams

    Coldwell Banker Realty

  • Nancy Kogevinas

    Buyer's Agent in 2018

    Nancy Kogevinas

    Berkshire Hathaway HomeServices California Properties

    (805) 450-6233

    121 in this area

    242 Total Sales

    Nancy Kogevinas
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 17-3331

Santa Barbara Multiple Listing Service

APN: 011-090-005

California Santa Barbara County Santa Barbara 93108

739 Hot Springs Rd, Santa Barbara, CA

This home is located at 739 Hot Springs Rd, Santa Barbara, CA 93108 since 02 October 2017 and is currently estimated at $8,585,467, approximately $3,042 per square foot. This property was built in 1949. 739 Hot Springs Rd is a home located in Santa Barbara County with nearby schools including Santa Barbara Junior High School, Santa Barbara Senior High School, and Adelante Charter School.

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