NOT LISTED FOR SALE

768 Ayala Ln Santa Barbara, CA 93108

Estimated Value: $7,124,686 - $7,861,000

3 Beds
2.5 Baths
3,710 Sq Ft
$2,015/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $5,330,000 $1,437 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $44,811/month

7 Days on Market

Highlights

  • Ocean View
  • Fruit Trees
  • Mediterranean Architecture
  • Cold Spring Elementary School Rated A
  • Wood Flooring
  • Home Office

About This Home

As of June 2021

Spaciousness, light and breathtaking views abound at this exceptional Mediterranean-style estate in Montecito. Situated on a cul-de-sac and commanding approx. 1.22 acres of gorgeous grounds, the estate radiates privacy and tranquility at every turn. A long, enticing drive leading one onto the impressive grounds, which host a 3 bed, 2.5 bath main residence, charming ADU, expansive patios, stunning views of the Santa Ynez mountains and delightful peeks of the sparkling ocean. Inside the main house, details include rich hardwood and Saltillo tile floors, soaring ceilings, a handsome fireplace in the main living space, gourmet kitchen, designer stone finishes, and more. Here, seamless and elevated indoor/outdoor living awaits, while the mature landscaping ensures an utmost sense of security. Live every day to the fullest here; enjoy warm summer days basking in the sun on one of the many patios, hosting friends and family, or taking a hike on the nearby trails. Yet, conveniently located moments from the shops and dining of Montecito's Upper and Lower Villages, world class beaches, and more.

Last Agent to Sell the Property

Cristal Clarke

Berkshire Hathaway HomeServices California Properties License #00968247 Listed on: 05/20/2021

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Cristal Clarke

Berkshire Hathaway HomeServices California Properties License #00968247 Listed on: 05/20/2021

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $61,382

Year Built

  • Built in 1977

Lot Details

  • 1.22 Acre Lot
  • Fruit Trees

Property Views

  • Ocean
  • Peek-A-Boo
  • Mountain

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,710 Sq Ft Home
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Detached Garage
  • Carport

Schools

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

Additional Features

  • Patio
  • Accessory Dwelling Unit (ADU)
  • Cooling Available

Listing and Financial Details

  • Assessor Parcel Number 013-090-053

Home Details

Home Type

Single Family

Est. Annual Taxes

$61,382

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1977
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • Architectural Style: Medit
  • Carport Y N: Yes
  • Reso Flooring: Hardwood, Tile
  • Garage Yn: Yes
  • Property Information Year Built2: 1977
  • Property Information Apx # Acres: 1.22
  • 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 ADU: Yes
  • Property Information Within City Limits: No
  • Exterior:Stucco: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • Rooms Family Room4: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Rooms Office3: Yes
  • Roof:Tile2: Yes
  • ViewOcean: Yes
  • ParkingGarage Detached: Yes
  • Style Medit2: Yes
  • View PartialFiltered2: Yes
  • ParkingGarage Cpt #33: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: LR

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Ocean, Partial/Filtered
  • Construction Type: Stucco, Other
  • Acres: 1.22
  • Exterior Features: Patio Open, Fruit Trees
  • Foundation Details: Mixed

Garage/Parking

  • Attached Garage: No
  • Parking Features: Cpt #3, Detached

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Water Source: Mont Wtr

Schools

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

Lot Info

  • Parcel #: 013-090-053
  • Zoning: Other
  • Lot Size Sq Ft: 53143.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Jun 16, 2021
Sold by
Sewall Jock M and Sewall Sara J
Bought by
Yaffe James and Ross Jane
Seller's Agent
Cristal Clarke
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Cristal Clarke
Berkshire Hathaway HomeServices California Properties
List Price
$4,500,000
Sold Price
$5,330,000
Premium/Discount to List
$830,000
18.44%
Current Estimated Value
$7,250,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,920,072
Avg. Annual Appreciation
8.52%
Original Mortgage
$1,665,000
Outstanding Balance
$1,514,316
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$5,962,356

Purchase Details

Closed on
May 1, 2020
Sold by
Sewall Jock and Sewall Sara
Bought by
Sewall Jock M and Sewall Sara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,398,000
Interest Rate
3.3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 20, 2009
Sold by
Sewall Jock and Sewall Sara
Bought by
Sewall Jock M and Sewall Sara J

Purchase Details

Closed on
Apr 26, 2006
Sold by
Spiva George N
Bought by
Sewall Jock and Sewall Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.41%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 9, 2004
Sold by
Spiva Michelle L
Bought by
Spiva George N

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
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2004
Sold by
Hamrick April
Bought by
Spiva George N

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
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2002
Sold by
Collins Michael C and Hunt Collins Mie
Bought by
Hamrick April E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,638,750
Interest Rate
8.5%

Purchase Details

Closed on
Nov 17, 1993
Sold by
Canatsey K C and Canatsey H
Bought by
Collins Michael C and Hunt Collins Mie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
7.09%

Purchase Details

Closed on
Nov 8, 1993
Sold by
Bassan Jonathan H
Bought by
Canatsey K C and Canatsey H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
7.09%

Purchase Details

Closed on
Sep 22, 1993
Sold by
Klausner Robert B
Bought by
Bassan Jonathan H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
7.09%
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
Yaffe James $5,330,000 Chicago Title Company
Sewall Jock M -- None Available
Sewall Jock M -- None Available
Sewall Jock -- Lawyers Title Company
Spiva George N -- Equity Title Company Santa B
Spiva George N -- Equity Title Company Santa B
Hamrick April E -- Chicago Title Co
Collins Michael C -- Continental Lawyers Title Co
Collins Michael C $550,000 Continental Lawyers Title Co
Canatsey K C $350,000 Continental Lawyers Title Co
Bassan Jonathan H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yaffe James $1,665,000
Previous Owner Sewall Jock M $1,398,000
Previous Owner Sewall Jock M $400,000
Previous Owner Sewall Jock M $1,100,000
Previous Owner Sewall Jock $1,000,000
Previous Owner Sewall Jock $500,000
Previous Owner Sewall Jock $500,000
Previous Owner Spiva George N $1,500,000
Previous Owner Hamrick April E $1,638,750
Previous Owner Collins Michael C $100,000
Previous Owner Collins Michael C $550,000
Previous Owner Collins Michael $50,000
Previous Owner Collins Michael C $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $5,330,000 +18.4% $1,437 / Sq Ft
05/27/2021 05/27/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $4,500,000 -- $1,213 / 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 $61,382 $5,769,362 $3,517,904 $2,251,458
2023 $61,382 $5,545,332 $3,381,300 $2,164,032
2022 $59,348 $5,436,600 $3,315,000 $2,121,600
2021 $19,987 $1,681,037 $567,969 $1,113,068
2020 $19,657 $1,663,801 $562,146 $1,101,655
2019 $19,072 $1,616,477 $551,124 $1,065,353
2018 $18,740 $1,584,782 $540,318 $1,044,464
2017 $18,312 $1,553,709 $529,724 $1,023,985
2016 $17,797 $1,523,245 $519,338 $1,003,907
2015 $17,329 $1,500,366 $511,538 $988,828
2014 -- $1,470,977 $501,518 $969,459
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 21-1823

Santa Barbara Multiple Listing Service

APN: 013-090-053