NOT LISTED FOR SALE

848 Ladera Ln Santa Barbara, CA 93108

Estimated Value: $3,910,000 - $4,665,976

0.96 Acre
$4,470,827 Price per Acre
41,818 Sq Ft Lot

Last Sold July 26, 2013

Last sale price $1,165,000 $988 Per Sq Ft

Est. 307% increase in value since last sale

Current estimated payment $29,224/month

106 Days on Market

About This Lot

As of July 2013

Quiet Montecito hideaway nestled in magnificent boulders and mature oaks. Ocean views complete this mid-century classic. This home was built by the same contractor as the Vedanta Temple. It has solid bones, an open floor plan, and a large deck with ocean and island views. Meandering garden paths wind through stunning sandstone monoliths. This property is at the perfect elevation: above the fog but below the heat. A rare find at this price.

Last Agent to Sell the Property

Steve Schott

Schott & Company License #01309727 Listed on: 03/13/2013

Last Buyer's Agent

Josiah Hamilton

Berkshire Hathaway HomeServices California Properties License #01415235

Berkshire Hathaway HomeServices California Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $38,817

Year Built

  • Built in 1954

Lot Details

  • 0.96 Acre Lot
  • Level Lot
  • Property is zoned E-1

Property Views

  • Ocean
  • Mountain

Schools

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

Utilities

  • Gas Available
  • Septic System
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 155-100-001

Property Details

Property Type

Land

Est. Annual Taxes

$38,817

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Directions: East Valley to Ladera Lane, just past Hidden Valley Lane.
  • Prop. Type: Land
  • Reso Property Sub Type: Residential/SFR
  • ResoLotFeatures: Level
  • Subdivision Name: Other
  • Property Information Apx # Acres: 0.96
  • NeighborhoodSchools Elementary School: Summerland
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Mountain(s)2: Yes
  • Utility Info Water: Yes
  • LocationTopo Level: Yes
  • Utility Info Electric2: Yes
  • Utility Info Telephone2: Yes
  • Utility Info Cable2: Yes
  • WaterSewer Septic In: Yes
  • ViewOcean: Yes
  • Utility Info Gas6: Yes
  • Assessor's Data Assessor Year Built: 1954.0
  • Assessor's Data Assessor Lot Acres: 0.96
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1954

Exterior Features

  • View: Mountain(s), Ocean
  • Acres: 0.96
  • Topography: Level

Schools

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

Lot Info

  • Parcel #: 155-100-001
  • Zoning: E-1
  • Lot Size Sq Ft: 41817.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2021
Sold by
Honey Michael Ryan and Kaye Honey Tamara
Bought by
Honey Mchael Ryan Marshall and Kaye Tamara Sodero
Current Estimated Value
$4,746,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,380,000
Outstanding Balance
$2,153,502
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$2,138,492

Purchase Details

Closed on
Jul 13, 2018
Sold by
Honey Michael Ryan and Kaye Honey Tamara Sodero
Bought by
Honey Michael Ryan and Kaye Honey Tamara Sodero

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 13, 2013
Closed on
Jun 18, 2013
Sold by
Schott Anna R
Bought by
Honey Michael Ryan and Kaye Tamara Sodero
Seller's Agent
Steve Schott
Schott & Company
Buyer's Agent
Josiah Hamilton
Berkshire Hathaway HomeServices California Properties
List Price
$1,249,000
Sold Price
$1,165,000
Premium/Discount to List
-$84,000
-6.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.42%
Original Mortgage
$873,750
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 2, 2002
Sold by
Schott Anna R
Bought by
Schott Anna R

Purchase Details

Closed on
Dec 13, 1997
Sold by
Peters Ruth W
Bought by
Schott Anna R and Peters Ruth W

Purchase Details

Closed on
Nov 20, 1996
Sold by
Peters Ruth W Trust 2-18-86 and Ruth W
Bought by
Schott Anna R and Schott Lawrence R
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
Honey Mchael Ryan Marshall -- Fntg Lenders Direct
Honey Michael Ryan -- Stewart Title
Honey Michael Ryan $1,165,000 First American Title Company
Schott Anna R -- --
Schott Anna R -- --
Peters Ruth W -- --
Schott Anna R -- Fidelity National
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Honey Mchael Ryan Marshall $2,380,000
Closed Honey Michael Ryan $2,400,000
Closed Honey Michael Ryan $1,900,000
Closed Honey Michael Ryan $873,750
Previous Owner Schott Anna R $250,000
Previous Owner Schott Anna R $270,000
Previous Owner Schott Anna R $250,000
Previous Owner Schott Anna R $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2013 07/26/13 Sold $1,165,000 0.0% $968 / Sq Ft
07/26/2013 07/26/13 Sold $1,165,000 -6.7% $988 / Sq Ft
06/18/2013 06/18/13 Pending -- -- --
06/18/2013 06/18/13 Pending -- -- --
03/04/2013 03/04/13 For Sale $1,249,000 0.0% $1,037 / Sq Ft
03/04/2013 03/04/13 For Sale $1,249,000 -- $1,059 / 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 $38,817 $3,752,473 $2,870,731 $881,742
2023 $38,817 $3,606,761 $2,759,258 $847,503
2022 $21,168 $1,986,041 $1,155,155 $830,886
2021 $19,911 $1,869,366 $1,132,505 $736,861
2020 $19,718 $1,850,838 $1,120,893 $729,945
2019 $19,213 $1,820,234 $1,098,915 $721,319
2018 $17,862 $1,685,132 $1,077,368 $607,764
2017 $13,516 $1,270,523 $1,056,244 $214,279
2016 $13,292 $1,246,396 $1,035,534 $210,862
2014 $11,964 $1,165,000 $1,000,000 $165,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Steve Schott

    Schott & Company

    (805) 564-8998

    Section Image

  • J

    Buyer's Agent in 2013

    Josiah Hamilton

    Berkshire Hathaway HomeServices California Properties

    (805) 284-8835

    25 in this area

    68 Total Sales

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 13-704

Santa Barbara Multiple Listing Service

APN: 155-100-001

California Santa Barbara County Santa Barbara 93108

848 Ladera Ln, Santa Barbara, CA

This home is located at 848 Ladera Ln, Santa Barbara, CA 93108 since 13 March 2013 and is currently estimated at $4,291,994, approximately $3,640 per square foot. This property was built in 1954. 848 Ladera Ln is a home located in Santa Barbara County with nearby schools including Carpinteria Senior High School, Our Lady of Mount Carmel School, and Crane Country Day School.

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