NOT LISTED FOR SALE

796 Park Ln W Santa Barbara, CA 93108

Estimated Value: $7,220,572 - $8,075,000

4 Beds
4.5 Baths
3,800 Sq Ft
$2,009/Sq Ft Est. Value

Last Sold May 20, 2020

Last sale price $4,217,000 $1,110 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $45,633/month

264 Days on Market

Highlights

  • Ocean View
  • Updated Kitchen
  • Maid or Guest Quarters
  • Santa Barbara Senior High School Rated A-
  • Fruit Trees
  • Fireplace in Primary Bedroom

About This Home

As of May 2020

Expansive ocean views and 1.5-acre grounds pair with a newly remodeled, 1-level contemporary farmhouse to make your Montecito dreams come true! Casual, elegant design defines the home & offers an incredible backdrop to everyday life. An expansive terrace + covered patio area perfect for year-round entertaining. The master suite is a sanctuary all its own with gorgeous ocean views. Three additional bedrooms offer spacious guest accommodations. A 2nd detached garage can serve as a media/bonus room. With ample room for a pool, ADU & much more, this timeless estate offers an unparalleled opportunity. Located along prestigious Park Lane West & just a stone's throw from the San Ysidro Ranch and hiking trails, this location & lifestyle can't be topped! Apx sq ft includes detached bonus rm/garage.

Last Agent to Sell the Property

Robert Riskin

Village Properties License #01815307 / 01447045 / 01954177 / 01951069 Listed on: 08/26/2019

Last Buyer's Agent

The Easter Team

Berkshire Hathaway HomeServices California Properties License #00917775

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,397

Lot Details

  • 1.55 Acre Lot
  • Fenced
  • Level Lot
  • Irrigation
  • Fruit Trees
  • Lawn
  • Property is in excellent condition
  • Property is zoned E-1

Parking

  • Direct Access Garage

Property Views

  • Ocean
  • Panoramic
  • Mountain

Home Design

  • Ranch Style House
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,800 Sq Ft Home
  • Multiple Fireplaces
  • Family Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Wood Flooring

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Built-In Double Oven
  • Built-In Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Heating System
  • Sewer Stub Out

Listing and Financial Details

  • Assessor Parcel Number 007-050-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,397

Lot Details

0

Listing Details

  • Directions: Park Lane, curve left onto East Mountain Dr, and make a quick right onto Park Lane West. Property is on the right hand side.
  • Prop. Type: Residential
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level, Sloped Down
  • Architectural Style: Ranch
  • Reso Flooring: Hardwood
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Apx # Acres: 1.55
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • View Setting2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Breakfast Bar2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Rooms Office3: Yes
  • Dining Formal2: Yes
  • Amenities Guest Quarters2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Dining Room2: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • ViewOcean: Yes
  • ParkingGarage Detached: Yes
  • LocationTopo Downslope2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Foundation Raised: Yes
  • ParkingGarage Gar #4: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Oven/Rnge/Blt-In, Dishwasher, Disposal, Double Oven, Dryer, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Primary Bedroom, Dining Room, 2+, LR
  • Appliances Included:Double Oven2: Yes

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Ocean, Setting, Panoramic
  • Construction Type: Stucco
  • Acres: 1.55
  • Topography: Downslope, Level
  • Exterior Features: Patio Open, Patio Covered, Lawn, Fruit Trees, Yard Irrigation PRT, Fenced: ALL
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #4, Interior Access, Attached, Detached

Utilities

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

Schools

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

Lot Info

  • Parcel #: 007-050-008
  • Zoning: E-1
  • Lot Size Sq Ft: 67518.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2019
Closed on
Apr 27, 2020
Sold by
Olivers Company 2 Llc
Bought by
Brooks Holly Holmberg
Seller's Agent
Robert Riskin
Village Properties
Buyer's Agent
The Easter Team
Berkshire Hathaway HomeServices California Properties
List Price
$5,750,000
Sold Price
$4,217,000
Premium/Discount to List
-$1,533,000
-26.66%
Current Estimated Value
$7,634,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,417,893
Avg. Annual Appreciation
10.86%

Purchase Details

Closed on
Jul 1, 2013
Sold by
Williams Bonnie Inger Hilda and Toxby Peter T
Bought by
Oliver S Company 2 Llc

Purchase Details

Closed on
Sep 4, 2003
Sold by
Toxby Peter Thomas and Barton Randall K
Bought by
Barton Randall K

Purchase Details

Closed on
Jul 29, 2003
Sold by
Toxby Peter
Bought by
Toxby Peter Thomas and Williams Bonnie Inger Hilda

Purchase Details

Closed on
Jul 19, 1999
Sold by
Toxby Peter
Bought by
Toxby Peter
Source: Public Records

Range of Values:

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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
Brooks Holly Holmberg $4,217,000 Fidelity National Title Co
Oliver S Company 2 Llc $3,375,000 Chicago Title Company
Williams Bonnie Inger Hilda -- Chicago Title Company
Toxby Peter T -- Chicago Title Company
Barton Randall K -- --
Toxby Peter Thomas -- --
Toxby Peter -- --
Toxby Hilda -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brooks Holly Holmberg $3,010,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2020 05/20/20 Sold $4,217,000 -26.7% $1,110 / Sq Ft
05/14/2020 05/14/20 Pending -- -- --
08/24/2019 08/24/19 For Sale $5,750,000 -- $1,513 / 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 $48,397 $4,611,902 $2,734,114 $1,877,788
2023 $48,397 $4,432,818 $2,627,946 $1,804,872
2022 $46,791 $4,345,901 $2,576,418 $1,769,483
2021 $45,831 $4,260,688 $2,525,900 $1,734,788
2020 $40,929 $3,783,020 $3,362,687 $420,333
2019 $39,846 $3,708,844 $3,296,752 $412,092
2018 $39,094 $3,636,122 $3,232,110 $404,012
2017 $38,356 $3,564,827 $3,168,736 $396,091
2016 $37,192 $3,494,929 $3,106,604 $388,325
2015 $36,528 $3,442,432 $3,059,940 $382,492
2014 $35,954 $3,375,000 $3,000,000 $375,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-2991

Santa Barbara Multiple Listing Service

APN: 007-050-008