NOT LISTED FOR SALE

Estimated Value: $4,558,000 - $4,987,651

4 Beds
4 Baths
2,810 Sq Ft
$1,719/Sq Ft Est. Value

Sale Details

Date Sold: April 14, 2023

Last sale price $4,390,000 $1,562 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $30,675 / mo

17 Days on Market

Highlights

  • Spa
  • Property is near an ocean
  • Fruit Trees
  • Santa Barbara Senior High School Rated A-
  • Reverse Osmosis System
  • Property is near park, public transit, schools, shops, and bus stop

About This Home

As of April 2023

You will surely fall in love with this elegantly sophisticated Spanish style single level Montecito home. 1st time on the market in 18+ years! This is an entertainer's dream featuring 4 bedrooms, 2 full baths, 2 half baths, vaulted ceilings, chef's kitchen with high-end appliances including 6-burner Viking gas cooktop and oven & Viking refrigerator, living room with gas fireplace, bonus bedroom/office off the kitchen & attached 2-car garage. The French doors from the great room lead to the fusion pool heated by thermal solar with 2 waterfalls, spa, Lynx U-line echelon barbecue area, trellised stone patio & grassy area. This oasis is completely privatized by a natural Cypress tree-lined fence and maximizes the indoor/outdoor entertaining experience. Other amenities include distressed Siberian oak plank floors, red tile roof, solar panels, Venetian plaster, heated Travertine & Jerusalem marble floors, reverse osmoses & water softener. All of this perfectly perched on a 14,810 +/- sqft lot at the side of the cul-de-sac with exquisite curb appeal featuring mature landscaping & uplighting with noticeable prominence. This is the perfect home for the most discerning buyer.

Last Agent to Sell the Property

Sandy Lipowski

Sotheby's International Realty License #01355215 Listed on: 02/28/2023

Last Buyer's Agent

Josiah Hamilton

Berkshire Hathaway HomeServices California Properties License #01415235

Berkshire Hathaway HomeServices California Properties

Range of Values:

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Value Increase
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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 1961

Lot Details

  • 14,810 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot
  • Fruit Trees
  • Lawn
  • Property is in excellent condition

Parking

  • Attached Garage

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 2,810 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Dining Area
  • 220 Volts In Laundry
  • Property Views

Kitchen

  • Breakfast Bar
  • Built-In Gas Oven
  • Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal
  • Reverse Osmosis System

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom

Outdoor Features

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

Location

  • Property is near park, public transit, schools, shops, and bus stop
  • Property near a hospital
  • City Lot

Schools

  • Cleveland Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

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

Community Details

  • Restaurant

Listing and Financial Details

  • Exclusions: Other
  • Assessor Parcel Number 015-070-006

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0.34 Acres

Listing Details

  • Prop. Type: Residential
  • Year Built: 1961
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: 220V Elect, Other
  • ResoLotFeatures: Level, Near Public Transit
  • Subdivision Name: Other
  • Architectural Style: Spanish
  • Reso Flooring: Carpet, Hardwood, Stone
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1961
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.34
  • NeighborhoodSchools Elementary School: Cleveland
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: Yes
  • Condition Excellent: Yes
  • Construction Single Story2: Yes
  • Foundation:Slab: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Dining Breakfast Bar2: Yes
  • Dining Dining Area2: Yes
  • Amenities Remodeled Bath2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Microwave3: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Property Information Main House SqFt: 2810.0
  • GroundsLandscaping Built-in BBQ: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Appliances Included Rev Osmosis2: Yes
  • FlrWdw Coverings Stone2: Yes
  • Property Information Apx Lot SqFt: 14810.0
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Fenced BCK: Yes
  • Site Improvements Cable TV3: Yes
  • Appliances Included Wtr SoftenerOwned: Yes
  • Proximity Near Hospital2: Yes
  • Pets Yes: Yes
  • Style Spanish2: Yes
  • Appliances Included Central Vac2: Yes
  • Laundry 220V Elect2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Built-In Gas Oven, Central Vac, Dishwasher, Disposal, Gas Stove, Microwave, Rev Osmosis, Wtr Softener/Owned
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: LR
  • Appliances Included:Built-In Gas Oven: Yes

Exterior Features

  • Roof: Tile
  • View: Setting
  • Construction Type: Other
  • Acres: 0.34
  • Topography: Level
  • Exclusions: Other
  • Exterior Features: Pool, Patio Open, SPA-Outside, Lawn, Fruit Trees, Fenced: BCK
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #2, Attached

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

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

Lot Info

  • Parcel #: 015-070-006
  • Zoning: R-1
  • Lot Size Sq Ft: 14810.0

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
Feb 28, 2023
Closed on
Mar 31, 2023
Sold by
Peardon William and Peardon Felice
Bought by
Seller's Agent
Sandy Lipowski
Sotheby's International Realty
Buyer's Agent
Josiah Hamilton
Berkshire Hathaway HomeServices California Properties
List Price
$4,679,000
Sold Price
$4,390,000
Premium/Discount to List
-$289,000
-6.18%
Views
174
Current Estimated Value
$4,829,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$439,644
Avg. Annual Appreciation
2.85%
Original Mortgage
$3,000,000
Outstanding Balance
$2,885,683
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$1,943,480

Purchase Details

Closed on
Nov 4, 2004
Sold by
Santecito Llc
Bought by
Peardon William and Peardon Felice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 2002
Sold by
Peck Randall J
Bought by
Santecito Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$935,000
Interest Rate
6.09%

Purchase Details

Closed on
Jun 18, 2002
Sold by
Rygnestad Birget and Rygnestad Betty
Bought by
Peck Randall J and Birget Rygnestad Trust
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$4,390,000 Fidelity National Title Compan
Peardon William -- First American Title Company
Santecito Llc $784,000 First American Title Ins Co
Peck Randall J -- --
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
Open $3,000,000
Previous Owner Peardon Felice $525,000
Previous Owner Peardon William $1,645,000
Previous Owner Peardon William $1,666,000
Previous Owner Peardon William $1,497,600
Previous Owner Peardon William $1,500,000
Previous Owner Peardon William $385,000
Previous Owner Peardon William $1,500,000
Previous Owner Santecito Llc $935,000
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
04/14/2023 04/14/23 Sold $4,390,000 -6.2% $1,562 / Sq Ft
03/17/2023 03/17/23 Pending -- -- --
02/28/2023 02/28/23 For Sale $4,679,000 -- $1,665 / 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 $48,333 $4,658,702 $2,016,295 $2,642,407
2025 $47,507 $4,567,356 $1,976,760 $2,590,596
2023 $47,507 $2,828,220 $1,138,813 $1,689,407
2022 $29,623 $2,772,766 $1,116,484 $1,656,282
2021 $28,945 $2,718,399 $1,094,593 $1,623,806
2020 $26,040 $2,444,000 $977,000 $1,467,000
2019 $26,029 $2,444,000 $977,000 $1,467,000
2018 $25,659 $2,396,000 $958,000 $1,438,000
2017 $24,108 $2,282,000 $912,000 $1,370,000
2016 $22,824 $2,173,000 $868,000 $1,305,000
2014 $19,923 $1,881,000 $751,300 $1,129,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-513

Santa Barbara Multiple Listing Service

APN: 015-070-006

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