NOT LISTED FOR SALE

Estimated Value: $7,551,000 - $11,436,580

5 Beds
5.5 Baths
6,615 Sq Ft
$1,426/Sq Ft Est. Value

Last Sold June 17, 2019

Last sale price $5,500,000 $831 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $55,988/month

20 Days on Market

Highlights

  • Ocean View
  • Outdoor Pool
  • Estate
  • Santa Barbara Senior High School Rated A-
  • Property is near an ocean
  • Fruit Trees

About This Home

As of June 2019

Situated on a prominent knoll above the Santa Barbara Channel, is an impressive Montecito Mediterranean masterpiece overlooking the Pacific Ocean, islands, and harbor. The private retreat enjoys over 6,600 square feet of classic SB architecture with beautiful craftsmanship and old-world Spanish sophistication. The floor plan of stunning proportions includes a formal living room, family room, spacious kitchen with butler's pantry, formal dining or library, and 5 en-suite bedrooms. Situated on nearly one usable acre, the landscaped grounds enjoy sprawling lush lawns, large swimming pool and spa, oaks, and stone fountains. Located on one of Montecito's premier lanes, convenient to the newly opened Montecito Club, and mere minutes to both Montecito and Santa Barbara shopping and dining.

Last Agent to Sell the Property

Marsha Kotlyar Estate Group

Berkshire Hathaway HomeServices California Properties License #01426886 Listed on: 04/16/2019

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Non Member Agent

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $68,788

Year Built

  • Built in 1990

Lot Details

  • 0.86 Acre Lot
  • Back Yard Fenced
  • Level Lot
  • Fruit Trees
  • Wooded Lot
  • Lawn
  • Property is in excellent condition

Parking

  • Garage

Property Views

  • Ocean
  • Harbor
  • Panoramic
  • City
  • Mountain

Home Design

  • Estate
  • Mediterranean Architecture
  • Raised Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 6,615 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Multiple Fireplaces
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Outdoor Pool
  • Spa

Outdoor Features

  • Property is near an ocean
  • Patio

Location

  • Property is near a park
  • Property is near schools
  • Property is near shops
  • City Lot

Schools

  • Cleveland 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 015-162-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$68,788

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Directions: Alston to Cima Linda.
  • Prop. Type: Residential
  • Year Built: 1990
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level
  • ResoSecurityFeatures: Security System, Smoke Detector(s)
  • Architectural Style: Medit, Estate
  • Reso Flooring: Carpet, Hardwood, Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1990
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.86
  • NeighborhoodSchools Elementary School: Cleveland
  • 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 Within City Limits: Yes
  • Condition Excellent: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Laundry Laundry Room2: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security Smoke Detector(s)2: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Property Information Main House SqFt: 6615.0
  • Style Estate2: Yes
  • Construction Two Story2: Yes
  • ParkingGarage Gar #33: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Office3: Yes
  • Dining Formal2: Yes
  • Amenities Wet Bar2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Dining Room2: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • GroundsLandscaping Wooded4: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • Roof:Tile2: Yes
  • ViewOcean: Yes
  • GroundsLandscaping Fenced BCK: Yes
  • Style Medit2: Yes
  • Foundation Raised: Yes
  • View Harbor2: Yes
  • View City4: Yes
  • WaterSewer Meter In: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Primary Bedroom, Dining Room, 2+, LR

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Ocean, City, Setting, Harbor, Panoramic
  • Construction Type: Stucco
  • Acres: 0.86
  • Topography: Level
  • Exterior Features: Pool, Patio Open, SPA-Outside, Lawn, Fruit Trees, Wooded, Fenced: BCK
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #3

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Meter In, SB Wtr
  • Heating:Forced Air: Yes

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

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

Lot Info

  • Parcel #: 015-162-019
  • Zoning: R-1
  • Lot Size Sq Ft: 37461.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2019
Closed on
May 31, 2019
Sold by
Wigle Virginia B and Virginia B Wigle Living Trust
Bought by
Mag3 Partners Llc
Seller's Agent
Marsha Kotlyar Estate Group
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$5,695,000
Sold Price
$5,500,000
Premium/Discount to List
-$195,000
-3.42%
Current Estimated Value
$9,432,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,932,645
Avg. Annual Appreciation
9.01%

Purchase Details

Closed on
Nov 20, 2018
Sold by
Wigle Virginia B
Bought by
Wigle Virginia B and Wigle Living Trust

Purchase Details

Closed on
Aug 24, 2018
Sold by
Papa Anthony E and The John B Wigle Living Trust
Bought by
Weigle Virginia B

Purchase Details

Listed on
Mar 2, 2017
Closed on
Aug 22, 2017
Sold by
Wigle Virginia
Bought by
Wigle John B and John B Wigle Living Trust
Seller's Agent
John Henderson
Village Properties
Buyer's Agent
JoAnn Mermis &
Berkshire Hathaway HomeServices California Properties
List Price
$5,795,000
Sold Price
$5,450,000
Premium/Discount to List
-$345,000
-5.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.06%
Original Mortgage
$3,500,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2007
Sold by
Couch John D and Couch Diana
Bought by
Mounts Charles R and Mounts Lisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$867,500
Interest Rate
6.17%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 8, 2006
Sold by
Couch Diana
Bought by
Couch Diana L

Purchase Details

Closed on
Sep 1, 2005
Sold by
White John A and Sargent Leslie E
Bought by
Couch John D and Couch Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 1997
Sold by
Lamb Lawrence E
Bought by
White John A and Sargent Leslie E

Purchase Details

Closed on
Mar 3, 1995
Sold by
Effcal Inc
Bought by
Lamb Lawrence E
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
Mag3 Partners Llc $5,500,000 Chicago Title Co
Wigle Virginia B -- None Available
Weigle Virginia B -- None Available
Wigle John B -- Fidelity National Title Co
Wigle John B $5,450,000 Fidelity National Title Co
Mounts Charles R -- Lawyers Title Company
Couch Diana L -- None Available
Couch John D -- Lawyers Title Company
White John A -- First American Title
Lamb Lawrence E -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wigle John B $3,500,000
Previous Owner Mounts Charles R $2,000,000
Previous Owner Mounts Charles R $2,000,000
Previous Owner Mounts Charles R $1,380,000
Previous Owner Mounts Charles R $3,000,000
Previous Owner Mounts Charles R $867,500
Previous Owner Mounts Charles R $3,000,000
Previous Owner Couch John D $1,100,000
Previous Owner White John A $100,000
Previous Owner White John A $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2019 06/17/19 Sold $5,500,000 -3.4% $831 / Sq Ft
05/06/2019 05/06/19 Pending -- -- --
04/16/2019 04/16/19 For Sale $5,695,000 +4.5% $861 / Sq Ft
09/01/2017 09/01/17 Sold $5,450,000 -6.0% $824 / Sq Ft
06/15/2017 06/15/17 Pending -- -- --
03/02/2017 03/02/17 For Sale $5,795,000 0.0% $876 / Sq Ft
05/19/2016 05/19/16 Rented -- -- --
05/19/2016 05/19/16 Under Contract -- -- --
03/15/2016 03/15/16 For Rent $17,000 -- --
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 $68,788 $6,624,951 $2,798,996 $3,825,955
2023 $68,788 $6,377,109 $2,690,504 $3,686,605
2022 $62,335 $5,861,481 $2,627,946 $3,233,535
2021 $60,767 $5,733,119 $2,576,418 $3,156,701
2020 $59,462 $5,610,000 $2,550,000 $3,060,000
2019 $59,051 $5,559,000 $2,499,000 $3,060,000
2018 $58,216 $5,450,000 $2,450,000 $3,000,000
2017 $60,025 $5,705,000 $2,054,000 $3,651,000
2016 $56,687 $5,433,000 $1,956,000 $3,477,000
2014 $49,439 $4,703,000 $1,693,000 $3,010,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 19-1304

Santa Barbara Multiple Listing Service

APN: 015-162-019