NOT LISTED FOR SALE

818 Hot Springs Rd Santa Barbara, CA 93108

Montecito Area

Estimated Value: $6,811,000 - $12,363,000

6 Beds
9 Baths
12,865 Sq Ft
$745/Sq Ft Est. Value

Sale Details

Date Sold: May 17, 2018

Last sale price $8,875,000 $690 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $61,778 / mo

38 Days on Market

Highlights

  • Ocean View
  • Guest House
  • Pool House
  • Santa Barbara Senior High School Rated A-
  • Home Theater
  • Estate

About This Home

As of May 2018

Gorgeous Lutah Maria Riggs estate built in the early 1930's surrounded by breathtaking ocean & mountain views. Private and gated, this property sits on over 2 acres, with Lockwood De Forest gardens in an A+ Montecito location. Extensively remodeled in 2006 by designer James Nigro with the grandeur of historic houses: intricately detailed woodwork; vaulted ceilings; French doors; marble counters; copper sinks & fixtures. Approximately 12,865 sq ft of lavish living space, amenities include a home theatre; guest house; pool; pool house; sports court; and garages for 6 cars. Montecito Union School District.

Last Agent to Sell the Property

Timm Delaney

Berkshire Hathaway HomeServices California Properties License #01083019 Listed on: 03/26/2018

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Dan Encell

Berkshire Hathaway HomeServices California Properties License #00976141

Last Buyer's Agent

Patricia Griffin

Village Properties License #00837659

Range of Values:

--
Value Increase
--
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 2006

Lot Details

  • 2.1 Acre Lot
  • Gated Home
  • Level Lot
  • Irrigation
  • Fruit Trees
  • Lawn
  • Property is in excellent condition
  • Property is zoned E-1

Property Views

  • Ocean
  • Mountain

Home Design

  • Estate
  • Tri-Level Property
  • Raised Foundation
  • Slate Roof
  • Stucco

Interior Spaces

  • 12,865 Sq Ft Home
  • Multiple Fireplaces
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Library
  • Game Room
  • Basement

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom
  • Guest Quarters

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Direct Access Garage
  • Uncovered Parking

Pool

  • Pool House
  • Spa

Outdoor Features

  • Covered Patio or Porch
  • Fireplace in Patio
  • Built-In Barbecue

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

Additional Features

  • Guest House
  • Property is near public transit, schools, and bus stop

Listing and Financial Details

  • Assessor Parcel Number 011-050-020

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

2.1 Acres

Listing Details

  • Prop. Type: Residential
  • Year Built: 2006
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Gas Hookup, Laundry Room
  • ResoLotFeatures: Level, Sloped Down, Near Public Transit
  • ResoSecurityFeatures: Gate:Elec, Security System, Smoke Detector(s)
  • Co List Office Mls Id: BERKSHIRE3
  • Co List Office Phone: 805-969-5026
  • Architectural Style: Estate
  • Reso Flooring: Carpet, Hardwood, Marble, Tile
  • Garage Yn: Yes
  • Unit Levels: Tri-Level
  • New Construction: No
  • Reso Other Structures: Other
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2006
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 2.1
  • 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
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • ParkingGarage Unc #4: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Dining Breakfast Bar2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Gas Range2: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • Security Smoke Detector(s)2: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • FlrWdw Coverings Marble2: Yes
  • Cooling Central Air: Yes
  • Style Estate2: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • Rooms Office3: Yes
  • Dining Formal2: Yes
  • Amenities Guest House2: Yes
  • Amenities Guest Quarters2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Dining Room2: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Gas8: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • ViewOcean: Yes
  • LocationTopo Downslope2: Yes
  • Laundry Gas Hookup2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Foundation Raised: Yes
  • ParkingGarage Gar #4: Yes
  • Rooms LbryStudy: Yes
  • Rooms Theatre2: Yes
  • Fireplace(s) Patio3: Yes
  • Roof Slate2: Yes
  • Construction Tri-Level2: Yes
  • Rooms Game Room3: Yes
  • GroundsLandscaping Pool House2: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Oven/Rnge/Blt-In, Dishwasher, Disposal, Double Oven
  • Full Bathrooms: 6
  • Half Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace Features: Primary Bedroom, Family Room, Dining Room, Other, 2+, Gas, LR, Patio
  • Total Bedrooms: 14
  • Bedrooms Basement: Yes
  • Appliances Included:Double Oven2: Yes

Exterior Features

  • Roof: Slate
  • View: Mountain(s), Ocean
  • Construction Type: Stucco
  • Acres: 2.1
  • Topography: Downslope, Level
  • Exterior Features: Pool, Pool House, Patio Open, Patio Covered, SPA-Outside, Lawn, Fruit Trees, Yard Irrigation T/O, Fenced: ALL
  • Foundation Details: Raised

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • 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 #: 011-050-020
  • Zoning: E-1
  • Lot Size Sq Ft: 91476.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

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
Mar 26, 2018
Closed on
May 8, 2018
Sold by
U S Bank N A
Bought by
Seller's Agent
Timm Delaney
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Patricia Griffin
Village Properties
List Price
$8,750,000
Sold Price
$8,875,000
Premium/Discount to List
$125,000
1.43%
Current Estimated Value
$9,587,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$712,000
Avg. Annual Appreciation
0.93%

Purchase Details

Closed on
Sep 14, 2017
Sold by
Swift James and Swift Nancy
Bought by
Us Bank National Association

Purchase Details

Closed on
Sep 28, 2006
Sold by
Swift James and Swift Nancy
Bought by
Swift James and Swift Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.44%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 25, 2006
Sold by
Nigro James
Bought by
Swift James and Swift Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.44%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 3, 2004
Sold by
Nigro Judith
Bought by
Nigro James

Purchase Details

Closed on
Jan 30, 2004
Sold by
Gross Courtlandt D and Gross Shirley
Bought by
Nigro James
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Santa Barbara, CA

  • Jason Saltoun Real Estate Agent - Jason Saltoun-Ebin

    Jason Saltoun

    Jason Saltoun-Ebin

    (805) 617-1502

    12 Total Sales

    2 in Montecito

    $3,148,820 Price Range

    Jason Saltoun
     Section Image
  • Tamra Van Order Real Estate Agent - Keller Williams Realty Santa Barbara

    Tamra Van Order

    Responds Quickly

    Keller Williams Realty Santa Barbara

    (805) 308-6428

    32 Total Sales

    1 in Montecito

    $5,400,000 Price

    Tamra Van Order
     Section Image
  • Lisa Scibird Real Estate Agent - Berkshire Hathaway HomeServices California Properties

    Lisa Scibird

    Berkshire Hathaway HomeServices California Properties

    (805) 456-1528

    7 Total Sales

    3 in Montecito

    $2.9M - $5.4M Price Range

    Lisa Scibird
     Section Image
  • Maurie McGuire Real Estate Agent - Sotheby's International Realty

    Maurie McGuire

    Sotheby's International Realty

    (805) 617-1644

    22 Total Sales

    5 in Montecito

    $3.5M - $8.5M Price Range

    Maurie McGuire
     Section Image
  • Susan Pate Real Estate Agent - Compass

    Susan Pate

    Compass

    (805) 617-1044

    10 Total Sales

    1 in Montecito

    $3,460,000 Price

    Susan Pate
     Section Image
  • Janice Laney Real Estate Agent - Keller Williams Santa Barbara

    Janice Laney

    Responds Quickly

    Keller Williams Santa Barbara

    (805) 865-7385

    31 Total Sales

    4 in Montecito

    $1.4M - $4.7M Price Range

    Janice Laney
     Section Image
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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
$8,875,000 None Available
Us Bank National Association $12,579,067 None Available
Swift James -- Lawyers Title Company
Swift James -- Lawyers Title Company
Nigro James -- Lawyers Title Company
Nigro James -- Lawyers Title Company
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 Swift James $500,000
Previous Owner Swift James $350,000
Previous Owner Swift James $11,200,000
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
05/17/2018 05/17/18 Sold $8,875,000 +1.4% $690 / Sq Ft
05/03/2018 05/03/18 Pending -- -- --
03/26/2018 03/26/18 For Sale $8,750,000 -- $680 / 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 $106,580 $10,300,194 $3,481,755 $6,818,439
2025 $104,645 $10,098,231 $3,413,486 $6,684,745
2023 $104,645 $9,706,106 $3,280,937 $6,425,169
2022 $101,037 $9,515,791 $3,216,605 $6,299,186
2021 $98,939 $9,329,208 $3,153,535 $6,175,673
2020 $98,027 $9,233,550 $3,121,200 $6,112,350
2019 $95,698 $9,052,500 $3,060,000 $5,992,500
2018 $136,417 $13,000,000 $5,000,000 $8,000,000
2017 $169,332 $16,161,737 $6,926,457 $9,235,280
2016 $164,205 $15,844,842 $6,790,645 $9,054,197
2014 $159,211 $15,301,123 $6,557,623 $8,743,500
Source: Public Records

Agents Affiliated with this Home

  • Timm Delaney Real Estate Agent - Berkshire Hathaway HomeServices California Properties

    Seller's Agent in 2018

    Timm Delaney

    Berkshire Hathaway HomeServices California Properties

    (805) 687-2666

    7 Total Sales

    Timm Delaney
    Section Image
  • Dan Encell Real Estate Agent - Berkshire Hathaway HomeServices California Properties

    Seller Co-Listing Agent in 2018

    Dan Encell

    Berkshire Hathaway HomeServices California Properties

    (805) 677-2013

    97 Total Sales

    Dan Encell
    Section Image

  • PG

    Buyer's Agent in 2018

    Patricia Griffin

    Village Properties

    (805) 705-5133

    21 Total Sales

    Patricia Griffin
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 18-1024

Santa Barbara Multiple Listing Service

APN: 011-050-020

California Santa Barbara County Santa Barbara 93108

818 Hot Springs Rd, Santa Barbara, CA

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