NOT LISTED FOR SALE

Estimated Value: $1,509,000 - $2,193,746

5 Acres
$387,087 Price per Acre
217,800 Sq Ft Lot

Sale Details

Date Sold: November 25, 2020

Last sale price $900,000

Est. 115% increase in value since last sale

Current estimated payment $11,408 / mo

243 Days on Market

About This Lot

As of November 2020

Build a Dream-home with amazing ocean views on this Toro Canyon Estate Site with water, plus Plans & Land Use Permit underway. Five ridge-top acres in prime East Montecito estate area takes advantage of panoramic views of spectacular ocean, harbor, and mountain vistas. A stunning contemporary home of approx, 4,300 sq' with walls of windows and LEED features was designed for the site. Build without long delays, with the Design Review and most reports started, this property is well on the way to final approvals.

Last Agent to Sell the Property

Maurie McGuire

Coldwell Banker Realty Listed on: 07/31/2020

Coldwell Banker Realty

Co-Listed By

Scott Westlotorn

Coldwell Banker Realty

Last Buyer's Agent

Kami Love

Santa Barbara Brokers, Inc. License #02104001

Property Details

Property Type

  • Land

Lot Details

  • 5 Acre Lot

Property Views

  • Ocean
  • Harbor
  • Panoramic
  • City
  • Mountain

Schools

  • Summerland Elementary School
  • Carp. Jr. Middle School
  • Carp. Sr. High School

Utilities

  • Private Water Source
  • Well
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 155-040-041

Property Details

Property Type

Land

Lot Details

5 Acres

Listing Details

  • Directions: East Valley Road to Toro Canyon, head North about 2/3 mile, at cluster of mail boxes, go East (right) on private lane to 838 Toro. Walk along ridge to level pad area.
  • Prop. Type: Land
  • Miscellaneous Pad Size: plans & reports
  • Reso Property Sub Type: Residential/SFR
  • Road Frontage Type: Easement
  • Co List Office Mls Id: cb01
  • Co List Office Phone: 805-969-4755
  • Property Information Apx # Acres: 5.0
  • NeighborhoodSchools Elementary School: Summerland
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Mountain(s)2: Yes
  • Utility Info Water: Yes
  • View Panoramic2: Yes
  • WaterSewer Pvt Wtr Sys: Yes
  • WaterSewer Pvt Well In: Yes
  • ViewOcean: Yes
  • View Setting3: Yes
  • WaterSewer Septic Req: Yes
  • View Harbor2: Yes
  • View City4: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountain(s), Ocean, City, Harbor, Panoramic, Setting
  • Acres: 5.0

Utilities

  • Water Source: Private, Pvt Wtr Sys

Condo/Co-op/Association

  • Community Features: Other

Schools

  • Elementary School: Summerland
  • High School: Carp. Sr.
  • Middle Or Junior School: Carp. Jr.

Lot Info

  • Parcel #: 155-040-041
  • Zoning: R-1
  • Lot Size Sq Ft: 217800.0

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

Closed on
Jan 24, 2022
Sold by
Bought by
Current Estimated Value
$1,935,437

Purchase Details

Listed on
Jul 31, 2020
Closed on
Oct 27, 2020
Sold by
Bought by
Seller's Agent
Maurie McGuire
Coldwell Banker Realty
Buyer's Agent
Kami Love
Santa Barbara Brokers, Inc.
List Price
$995,000
Sold Price
$900,000
Premium/Discount to List
-$95,000
-9.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.51%
Original Mortgage
$555,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
8.3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
-- None Listed On Document
$900,000 Chicago Title Company
-- Chicago Title Co
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
Previous Owner $555,000
Previous Owner $200,000
Previous Owner $308,000
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
11/25/2020 11/25/20 Sold $900,000 -9.5% --
09/21/2020 09/21/20 Pending -- -- --
01/22/2020 01/22/20 For Sale $995,000 -- --
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 $10,357 $993,671 $993,671
2025 $10,357 $974,188 $974,188
2023 $10,157 $936,360 $936,360 $0
2022 $9,817 $918,000 $918,000 $0
2021 $9,616 $900,000 $900,000 $0
2020 $6,657 $618,362 $618,362 $0
2019 $6,530 $606,238 $606,238 $0
2018 $6,430 $594,351 $594,351 $0
2017 $6,321 $582,698 $582,698 $0
2016 $6,215 $571,273 $571,273 $0
2014 $5,788 $551,670 $551,670 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-248

Santa Barbara Multiple Listing Service

APN: 155-040-041

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