NOT LISTED FOR SALE

Estimated Value: $6,291,000 - $9,174,000

5 Beds
8 Baths
4,605 Sq Ft
$1,666/Sq Ft Est. Value

Last Sold September 25, 2018

Last sale price $4,800,000 $1,042 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $46,465/month

136 Days on Market

Highlights

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

About This Home

As of September 2018

1st time on the market in over 45 yrs, this 1920's Spanish Revival jewel, by Carleton Winslow, enjoys BIG ocean & coastline views. Approx 1.83 acres, overlooking the SB Channel w/ sweeping views from harbor down the coast & mountains. Exquisite architectural integrity, the main level includes 4 bds, formal dining, grand living rm, den, groin vault ceilings, archways, balconies, & other period details. Downstairs is 5th bedroom suite & additional space. Features an impressive motorcourt, entry courtyard, specimen plantings, verandas, lawns, detached potential ADU, conveniently located to the soon-to-open Montecito Club! Originally part of the Billings Estate, this is a rare opportunity to own a piece of history & restore this gem to its former glory. https://youtu.be/7rhStJkGwp Originally part of the Billings Estate, this is a rare opportunity to own a piece of history and restore this gem to its former glory.

Last Agent to Sell the Property

Marsha Kotlyar Estate Group

Berkshire Hathaway HomeServices California Properties License #01426886 Listed on: 04/10/2018

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Marsha Kotlyar Estate Group

Berkshire Hathaway HomeServices California Properties License #01426886 Listed on: 04/10/2018

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $57,067

Year Built

  • Built in 1926

Lot Details

  • 1.83 Acre Lot
  • Back Yard Fenced
  • Lot Sloped Down
  • Fruit Trees
  • Property is in good condition

Parking

  • Carport

Property Views

  • Ocean
  • Harbor
  • Panoramic
  • City
  • Mountain

Home Design

  • Spanish Architecture
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,605 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Library
  • Wood Flooring
  • Breakfast Area or Nook
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Outdoor Pool
  • Property is near an ocean

Location

  • Property is near schools
  • City Lot

Schools

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

Horse Facilities and Amenities

  • Groom or Foreman Quarters

Utilities

  • Forced Air Heating System
  • Sewer Stub Out

Listing and Financial Details

  • Exclusions: Other
  • Assessor Parcel Number 015-202-030

Home Details

Home Type

Single Family

Est. Annual Taxes

$57,067

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Directions: Take Alston to Cima Linda
  • Prop. Type: Residential
  • Year Built: 1926
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Sloped Down
  • Architectural Style: Spanish
  • Carport Y N: Yes
  • Reso Flooring: Hardwood
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Employee Quarters
  • Reso Property Condition: Good
  • Property Information Year Built2: 1926
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.83
  • 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
  • Property Information Within City Limits: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Laundry Laundry Room2: Yes
  • Fireplace(s) LR: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Construction Two Story2: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Condition Good2: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • Roof:Tile2: Yes
  • Other Buildings Employee Quarters2: Yes
  • ViewOcean: Yes
  • GroundsLandscaping Fenced BCK: Yes
  • ParkingGarage Cpt #12: Yes
  • LocationTopo Downslope2: Yes
  • Style Spanish2: Yes
  • View Harbor2: Yes
  • Rooms LbryStudy: Yes
  • View City4: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: LR

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Ocean, City, Setting, Harbor, Panoramic
  • Construction Type: Stucco
  • Acres: 1.83
  • Topography: Downslope
  • Exclusions: Other
  • Exterior Features: Pool, Fruit Trees, Fenced: BCK, Fenced: PRT
  • Foundation Details: Mixed

Garage/Parking

  • Attached Garage: No
  • Parking Features: Cpt #1

Utilities

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

Schools

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

Lot Info

  • Parcel #: 015-202-030
  • Zoning: R-1
  • Lot Size Sq Ft: 79714.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2018
Closed on
Oct 15, 2018
Sold by
Budinger Susan
Bought by
Parks Gamble T
Seller's Agent
Marsha Kotlyar Estate Group
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Marsha Kotlyar Estate Group
Berkshire Hathaway HomeServices California Properties
List Price
$5,350,000
Sold Price
$4,800,000
Premium/Discount to List
-$550,000
-10.28%
Current Estimated Value
$7,669,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,869,707
Avg. Annual Appreciation
7.01%

Purchase Details

Listed on
Apr 10, 2018
Closed on
Sep 7, 2018
Sold by
Dentzel William H and Dentzel Christopher P
Bought by
Budinger Susan
Seller's Agent
Marsha Kotlyar Estate Group
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Marsha Kotlyar Estate Group
Berkshire Hathaway HomeServices California Properties
List Price
$5,350,000
Sold Price
$4,800,000
Premium/Discount to List
-$550,000
-10.28%
Source: Public Records

Range of Values:

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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
Parks Gamble T -- Chicago Title Co
Budinger Susan $4,800,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Budinger Susan Martin $3,000,000
Previous Owner Dentzel Marion W $954,225
Previous Owner Dentzel Marion W $78,000
Previous Owner Dentzel Marion W $100,000
Previous Owner Dentzel Marion W $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2018 09/25/18 Sold $4,800,000 -10.3% $1,042 / Sq Ft
08/24/2018 08/24/18 Pending -- -- --
04/10/2018 04/10/18 For Sale $5,350,000 -- $1,162 / 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 $57,067 $5,499,291 $2,571,104 $2,928,187
2023 $57,067 $5,285,749 $2,471,266 $2,814,483
2022 $55,066 $5,182,108 $2,422,810 $2,759,298
2021 $53,819 $5,080,499 $2,375,304 $2,705,195
2020 $51,863 $4,890,200 $2,351,000 $2,539,200
2019 $51,019 $4,800,000 $2,300,000 $2,500,000
2018 $3,810 $344,727 $95,745 $248,982
2017 $3,611 $337,968 $93,868 $244,100
2016 $3,597 $331,342 $92,028 $239,314
2014 $3,499 $319,974 $88,871 $231,103
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 18-1208

Santa Barbara Multiple Listing Service

APN: 015-202-030