NOT LISTED FOR SALE

Estimated Value: $5,035,000 - $6,685,707

4 Beds
4.5 Baths
3,767 Sq Ft
$1,559/Sq Ft Est. Value

Last Sold January 04, 2024

Last sale price $5,900,000 $1,566 Per Sq Ft

Current estimated payment $35,369/month

219 Days on Market

About This Home

As of January 2024

Beautiful and private ranch-style ocean view property situated on two parcels. Parcel 1 features 1.1+/- acres. This single-story residence follows an open-concept layout, creating a seamless flow between rooms and embracing an indoor/outdoor lifestyle. Almost every room offers impressive ocean views. The grand living room features floor-to-ceiling glass walls with stunning ocean views and is an inviting space for relaxation and entertainment. The spacious primary bedroom hosts an en-suite bath and walk-in closet with direct access to the pool and patio. There is an additional guest quarters. The lush grounds feature a pool, spa, and beautiful rose gardens. Parcel 2, the adjoining land parcel is approximately 0.78+/- with tennis court and orchards. Ideally located behind the Montecito Country Club. This estate offers easy access to both Montecito Upper and Lower villages and provides the opportunity to create a magical estate compound.

Last Agent to Sell the Property

Cristal Clarke

Berkshire Hathaway HomeServices California Properties License #00968247 Listed on: 05/23/2023

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Rick Sawyer

Sawyer Real Estate License #00868222

Last Buyer's Agent

Mark Schneidman

Coldwell Banker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,368

Year Built

  • Built in 1963

Lot Details

  • 1.1

Home Design

  • 3,767 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Cleveland Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Listing and Financial Details

  • Assessor Parcel Number 015-173-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,368

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1963
  • Reso Property Sub Type: Home/Estate
  • Co List Office Mls Id: sre
  • Co List Office Phone: 805-680-7425
  • Property Information Year Built2: 1963
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Cleveland
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Property Information Main House SqFt: 3767.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Schools

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

Lot Info

  • Parcel #: 015-173-020
  • Zoning: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2023
Closed on
Jan 29, 2024
Sold by
Mason John Tyler and Donatelli James Christian
Bought by
Milo Llc
Seller's Agent
Cristal Clarke
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Mark Schneidman
Coldwell Banker
List Price
$8,500,000
Sold Price
$5,900,000
Premium/Discount to List
-$2,600,000
-30.59%
Views
411
Current Estimated Value
$5,873,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,573
Avg. Annual Appreciation
1.39%
Original Mortgage
$2,950,000
Outstanding Balance
$2,904,167
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$3,135,155

Purchase Details

Listed on
May 23, 2023
Closed on
Dec 27, 2023
Sold by
Hope S Kelly Living Trust and Laurence B Kelly Living Trust
Bought by
Mason John Tyler and Donatelli James Christian
Seller's Agent
Cristal Clarke
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Mark Schneidman
Coldwell Banker
List Price
$8,500,000
Sold Price
$5,900,000
Premium/Discount to List
-$2,600,000
-30.59%
Views
411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,950,000
Outstanding Balance
$2,904,167
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$3,135,155

Purchase Details

Closed on
Jul 14, 2010
Sold by
Kelly Hope S
Bought by
Kelly Hope S

Purchase Details

Closed on
Jun 28, 1996
Sold by
Kelly Laurence B and Kelly Hope S
Bought by
Kelly Laurence B and Kelly Hope S
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
Milo Llc -- None Listed On Document
Mason John Tyler $5,900,000 Chicago Title Company
Kelly Hope S -- None Available
Kelly Laurence B -- --
Kelly Laurence B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mason John Tyler $2,950,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2024 01/04/24 Sold $5,900,000 -14.5% $1,566 / Sq Ft
12/28/2023 12/28/23 Pending -- -- --
10/02/2023 10/02/23 Price Changed $6,900,000 -10.4% $1,832 / Sq Ft
07/12/2023 07/12/23 Price Changed $7,700,000 -9.4% $2,044 / Sq Ft
05/23/2023 05/23/23 For Sale $8,500,000 -- $2,256 / 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 $43,368 $4,156,500 $2,193,000 $1,963,500
2023 $43,368 $525,987 $88,761 $437,226
2022 $5,699 $515,674 $87,021 $428,653
2021 $5,567 $505,564 $85,315 $420,249
2020 $5,510 $500,381 $84,441 $415,940
2019 $5,256 $490,571 $82,786 $407,785
2018 $5,178 $480,953 $81,163 $399,790
2017 $5,005 $471,523 $79,572 $391,951
2016 $4,951 $462,278 $78,012 $384,266
2014 $4,816 $446,416 $75,336 $371,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-1448

Santa Barbara Multiple Listing Service

APN: 015-173-020