NOT LISTED FOR SALE

777 Lilac Dr Santa Barbara, CA 93108

Estimated Value: $6,775,000 - $7,474,771

5 Beds
4.5 Baths
3,660 Sq Ft
$1,943/Sq Ft Est. Value

Last Sold March 16, 2021

Last sale price $4,815,000 $1,316 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $43,152/month

41 Days on Market

Highlights

  • Detached Guest House
  • Art Studio
  • Updated Kitchen
  • Santa Barbara Senior High School Rated A-
  • View of Trees or Woods
  • Main Floor Primary Bedroom

About This Home

As of March 2021

An over abundance of Serenity & Charm this 1967 "Traditional Spanish Revival Style" lends itself to indoor/outdoor Living with Romantic Grounds as its backdrop. Set far back from the road gives the home total privacy on an acre in one one of Montecito's very best streets with easy access to Upper & Lower Village. It was renovated by the past owner in 2015, 777 Lilac livability of a newer home with Romantic & Historic design intact. 777 Lilac Drive offers a Main House with 4 Bedrooms 3.5 Baths with main floor Master Bedroom, A detached Guest House with 1 Bedroom and 1 Bath over a 2 Car Garage & an Artist Studio with an approximate total sq ft of 3500. You will fall in love with the Montecito Lifestyle, an elite locale with understated elegance without the attitude filled with lavish estates of affluent families. The peaceful town boasts several world class resorts, fantastic schools, country clubs and great restaurants and high end shops.

Last Agent to Sell the Property

Cynthia Montinola

Harcourts Prime Properties License #01076485 Listed on: 01/22/2021

Harcourts Prime Properties

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,840

Year Built

  • Built in 1967

Lot Details

  • 1.01 Acre Lot
  • Property is zoned 2-E-1

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Gravel Driveway

Home Design

  • Spanish Architecture
  • Turnkey
  • Planned Development
  • Spanish Tile Roof

Interior Spaces

  • 3,660 Sq Ft Home
  • Beamed Ceilings
  • Entryway
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Art Studio
  • Views of Woods
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Open Patio
  • Exterior Lighting

Additional Features

  • Detached Guest House
  • Central Air

Community Details

  • No Home Owners Association
  • Santa Barbara: Other Subdivision

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 007110065

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,840

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Santa Barbara: Other (80)
  • View: Yes
  • Zoning: 2-E-1
  • Architectural Style: Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 007110065
  • Year Built: 1967
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3660.00 Square Feet
  • Interior Amenities: Beamed Ceilings
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1315.57
  • Room Type: Art Studio, Entry, Great Room, Main Floor Bedroom, Main Floor Master Bedroom
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Other Structures: Guest House Detached
  • View: Trees/Woods
  • Patio And Porch Features: Patio Open
  • Pool Private: No
  • Roof: Spanish Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Gravel
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Sq Ft: 43996.00
  • Lot Size Acres: 1.0100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 43996.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 15.00
  • Tax Lot: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2021
Closed on
Apr 26, 2021
Sold by
Cooper Kit and Cooper Alexandra Misha
Bought by
Kit Cooper and Cooper Misha
Seller's Agent
Cynthia Montinola
Harcourts Prime Properties
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$5,000,000
Sold Price
$4,815,000
Premium/Discount to List
-$185,000
-3.7%
Current Estimated Value
$7,111,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,296,693
Avg. Annual Appreciation
8.45%
Original Mortgage
$2,500,000
Outstanding Balance
$2,283,990
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$4,625,287

Purchase Details

Listed on
Jan 22, 2021
Closed on
Mar 8, 2021
Sold by
Repke John and The Maria E Repke Revocable Li
Bought by
Cooper Kit and Cooper Misha
Seller's Agent
Cynthia Montinola
Harcourts Prime Properties
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$5,000,000
Sold Price
$4,815,000
Premium/Discount to List
-$185,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Outstanding Balance
$2,283,990
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$4,625,287

Purchase Details

Listed on
Jun 22, 2015
Closed on
Dec 22, 2015
Sold by
Aslanian Stanley A
Bought by
Repke Maria E
Seller's Agent
Stephen Slavin
Coldwell Banker Realty
Buyer's Agent
Kirsten Wolfe
Sotheby's International Realty
List Price
$4,750,000
Sold Price
$3,937,500
Premium/Discount to List
-$812,500
-17.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.94%

Purchase Details

Closed on
Mar 18, 2013
Sold by
Colin J W and Colin Susanne
Bought by
Aslanian Stanley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.49%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 25, 2009
Sold by
Colin J W and Colin Susanne
Bought by
Colin J W and Colin Susanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.09%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 14, 2008
Sold by
Colin J W and Colin Susanne
Bought by
Colin J W and Colin Susanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2007
Sold by
Colin J W and Colin Susanne
Bought by
Colin J W and Colin Susanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2006
Sold by
Colin J W and Colin Susanne
Bought by
Colin J W and Colin Susanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2003
Sold by
Colin J W and Colin Susanne
Bought by
Colin J W and Colin Susanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
4%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 6, 2002
Sold by
Colin J W and Colin Susanne
Bought by
Colin J W and Colin Susanne

Purchase Details

Closed on
Nov 16, 2001
Sold by
Colin J W and Colin Susanne
Bought by
Colin J W and Colin Susanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
5.37%

Purchase Details

Closed on
May 14, 2001
Sold by
Colin J W and Colin Susanne
Bought by
Colin J W and Colin Susanne

Purchase Details

Closed on
Dec 16, 1997
Sold by
Putzel Robert G and Putzel Elizabeth F
Bought by
Colin J W and Colin Susanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.12%
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
Kit Cooper -- Fidelity National Title Co
Cooper Kit $4,815,000 Fidelity National Title Co
Repke Maria E $3,937,500 First American Title Company
Aslanian Stanley A $2,195,000 First American Title Company
Colin J W -- First American Title
Colin J W -- Southland Title Corporation
Colin J W -- Southland Title Corporation
Colin J W -- Landamerica Commonwealth Tit
Colin J W -- Landamerica Commonwealth Tit
Colin J W -- Accommodation
Colin J W -- Landamerica Commonwealth Tit
Colin J W -- --
Colin J W -- United Title Company
Colin J W -- --
Colin J W -- Fidelity National Title Co
Colin J W -- --
Colin J W -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kit Cooper $2,500,000
Previous Owner Aslanian Stanley A $950,000
Previous Owner Aslanian Stanley A $1,000,000
Previous Owner Collin J W $1,120,000
Previous Owner Colin J W $250,000
Previous Owner Colin J W $250,000
Previous Owner Colin J W $1,300,000
Previous Owner Colin J W $1,300,000
Previous Owner Colin J W $1,300,000
Previous Owner Colin J W $250,000
Previous Owner Colin J W $1,250,000
Previous Owner Colin J W $250,000
Previous Owner Colin J W $1,250,000
Previous Owner Colin J W $100,000
Previous Owner Colin J W $600,000
Previous Owner Colin J W $420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2021 03/16/21 Sold $4,815,000 -0.7% $1,316 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
03/04/2021 03/04/21 Price Changed $4,850,000 -3.0% $1,325 / Sq Ft
01/22/2021 01/22/21 For Sale $5,000,000 +27.0% $1,366 / Sq Ft
12/30/2015 12/30/15 Sold $3,937,500 -17.1% $1,125 / Sq Ft
12/17/2015 12/17/15 Pending -- -- --
06/22/2015 06/22/15 For Sale $4,750,000 -- $1,357 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $52,840 $5,211,909 $3,247,296 $1,964,613
2023 $52,840 $5,009,526 $3,121,200 $1,888,326
2022 $50,971 $4,911,300 $3,060,000 $1,851,300
2021 $44,640 $4,306,229 $2,734,114 $1,572,115
2020 $44,177 $4,262,075 $2,706,080 $1,555,995
2019 $43,135 $4,178,506 $2,653,020 $1,525,486
2018 $42,289 $4,096,575 $2,601,000 $1,495,575
2017 $41,570 $4,016,250 $2,550,000 $1,466,250
2016 $40,366 $3,937,500 $2,500,000 $1,437,500
2015 $23,207 $2,249,019 $1,326,870 $922,149
2014 $22,832 $2,204,965 $1,300,879 $904,086
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21008284

California Regional Multiple Listing Service (CRMLS)

APN: 007-110-065