NOT LISTED FOR SALE

759 Picacho Ln Santa Barbara, CA 93108

Estimated Value: $9,122,000 - $13,498,965

3 Beds
3.5 Baths
3,308 Sq Ft
$3,215/Sq Ft Est. Value

Last Sold August 11, 2017

Last sale price $5,400,000 $1,632 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $66,641/month

106 Days on Market

Highlights

  • Ocean View
  • Guest House
  • Tennis Courts
  • Santa Barbara Senior High School Rated A-
  • Greenhouse
  • Outdoor Pool

About This Home

As of August 2017

Impeccable condition, expanded & renovated in 1997 by architect Jock Sewall, this sophisticated single-level, traditional style home features elegant living room, formal dining room with French doors to terrace & swimming pool, a great room kitchen/family room with cathedral wood beamed ceilings & fireplace, two master bedroom suites with a connecting study, also with cathedral wood beamed ceilings. Other amenities include a detached guest cottage, north/south tennis court, stunning mountain views, some ocean views, all on a private gated 1.7 acre parcel.

Last Agent to Sell the Property

Wade Hansen

Sotheby's International Realty Listed on: 03/28/2017

Last Buyer's Agent

Shandra Campbell

Village Properties License #00785325

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $105,725

Year Built

  • Built in 1950

Lot Details

  • 1.7 Acre Lot
  • Gated Home
  • Level Lot
  • Flag Lot
  • Hilly Lot
  • Property is in excellent condition
  • Property is zoned E-1

Parking

  • Attached Garage

Property Views

  • Ocean
  • Mountain

Home Design

  • Estate
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1-Story Property
  • Cathedral Ceiling
  • Skylights
  • Multiple Fireplaces
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Library
  • Fire and Smoke Detector

Kitchen

  • Built-In Double Oven
  • Built-In Range
  • Stove
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer
  • 220 Volts In Laundry

Outdoor Features

  • Outdoor Pool
  • Property is near an ocean
  • Tennis Courts
  • Deck
  • Patio
  • Greenhouse

Location

  • Property is near a park
  • Property is near public transit
  • Property near a hospital
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Stub Out
  • Cable TV Available

Additional Features

  • Stepless Entry
  • Guest House

Listing and Financial Details

  • Exclusions: Potted Plants
  • Assessor Parcel Number 011-090-042

Home Details

Home Type

Single Family

Est. Annual Taxes

$105,725

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Directions: East Valley Road to Picacho Lane
  • Prop. Type: Residential
  • Year Built: 1950
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: 220V Elect, Gas Hookup, In Garage, Laundry Room
  • ResoLotFeatures: Level, Flag Lot, Near Public Transit
  • ResoSecurityFeatures: Gate:Elec, Smoke Detector(s)
  • Architectural Style: Estate
  • Reso Flooring: Wood, Hardwood, Tile
  • Garage Yn: Yes
  • Unit Levels: Entry Lvl(No Stairs), Single Story
  • New Construction: No
  • Reso Other Structures: Greenhouse
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1950
  • 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 Entry Lvl(No Stairs)2: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Exterior Wood Siding: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Primary: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security GateElec: Yes
  • Security Smoke Detector(s)2: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • Style Estate2: Yes
  • Proximity Near Shopping2: Yes
  • Dining Formal2: Yes
  • Amenities Guest House2: Yes
  • Amenities Guest Quarters2: Yes
  • Fireplace(s) Family Room3: Yes
  • Proximity Near Bus: Yes
  • Fireplace(s):_two_3: Yes
  • GroundsLandscaping Deck3: Yes
  • GroundsLandscaping Tennis Court(s)3: Yes
  • ViewOcean: Yes
  • Laundry In Garage2: Yes
  • Laundry:_two_20V Elect2: Yes
  • Site Improvements Cable TV3: Yes
  • Laundry Gas Hookup2: Yes
  • FlrWdw Coverings Wood2: Yes
  • Proximity Near Hospital2: Yes
  • Rooms LbryStudy: Yes
  • Other Buildings Greenhouse2: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • LocationTopo Flag Lot2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Trash Compactor, Refrigerator, Oven/Rnge/Blt-In, Dishwasher, Disposal, Double Oven, Dryer, Gas Stove, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, 2, LR
  • Appliances Included:Double Oven2: Yes
  • Appliances Included:Trash Compactor2: Yes

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Ocean
  • Construction Type: Wood Siding, Stucco
  • Acres: 1.7
  • Topography: Hilly, Level
  • Exclusions: Potted Plants
  • Exterior Features: Tennis Court(s), Pool, Deck, Patio Open, Fenced: ALL
  • Foundation Details: Mixed

Garage/Parking

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

Utilities

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

Association/Amenities

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

Schools

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

Lot Info

  • Parcel #: 011-090-042
  • Zoning: E-1
  • Lot Size Sq Ft: 74052.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2017
Closed on
Aug 1, 2017
Sold by
Towers Dara L
Bought by
Neymark Alex
Seller's Agent
Wade Hansen
Sotheby's International Realty
Buyer's Agent
Shandra Campbell
Village Properties
List Price
$6,495,000
Sold Price
$5,400,000
Premium/Discount to List
-$1,095,000
-16.86%
Current Estimated Value
$10,634,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,234,241
Avg. Annual Appreciation
8.90%
Original Mortgage
$3,510,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2013
Sold by
Towers George E and Towers Dara L
Bought by
Towers George E and Towers Dara L
Source: Public Records

Range of Values:

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Average Value
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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
Neymark Alex $5,400,000 Chicago Title Company
Towers George E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neymark Alex $3,291,000
Closed Neymark Alex $3,510,000
Closed Neymark Alex $3,510,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2017 08/11/17 Sold $5,400,000 -16.9% $1,632 / Sq Ft
07/12/2017 07/12/17 Pending -- -- --
03/28/2017 03/28/17 For Sale $6,495,000 -- $1,963 / 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 $105,725 $10,220,230 $4,372,330 $5,847,900
2023 $105,725 $9,823,370 $4,202,549 $5,620,821
2022 $102,042 $9,630,756 $4,120,147 $5,510,609
2021 $99,933 $9,441,918 $4,039,360 $5,402,558
2020 $91,856 $8,718,160 $3,999,480 $4,718,680
2019 $64,028 $6,053,000 $3,894,000 $2,159,000
2018 $57,291 $5,400,000 $3,700,000 $1,700,000
2017 $31,987 $2,955,977 $2,057,045 $898,932
2016 $31,013 $2,898,017 $2,016,711 $881,306
2014 $29,952 $2,798,572 $1,947,508 $851,064
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 17-998

Santa Barbara Multiple Listing Service

APN: 011-090-042