Seller's Agent in 2019
Robert Riskin
Village Properties
(805) 698-0199
144 in this area
215 Total Sales
860 Picacho Ln Santa Barbara, CA 93108
Estimated Value: $8,302,000 - $15,960,613
7
Beds
11
Baths
9,320
Sq Ft
$1,265/Sq Ft
Est. Value
Highlights
- Ocean View
- Guest House
- Spa
- Santa Barbara Senior High School Rated A-
- Home Theater
- Estate
About This Home
As of April 2019Montecito's effortless style has never looked better! In the heart of the Golden Quadrangle & near the Upper Village, this 6bd home+guest house is an expertly crafted, ocean view estate w/a floor plan designed for how we live today. Brought to life by Don Nulty & Giffin and Crane in 08, this remarkable home underwent a transformation & now has the easy, breezy style that defines the CA coast. Bright, sunlit spaces surrounded by incredible gardens & big ocean views epitomize indoor/outdoor living & effortless elegance. The master features dual closets/baths & vast ocean views. 3 addt'l en suite bds look to the mtns. Creature comforts include a luxe 1st flr office/bdrm, fab guest house, pool, theater, wine room, elevator & nanny suite. Looking for an estate that has it all? Look no further!
Last Agent to Sell the Property
Village Properties License #01815307 / 01447045 / 01954177 / 01951069 Listed on: 10/15/2018
Last Buyer's Agent
Berkshire Hathaway HomeServices California Properties License #01426886
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $111,078
Year Built
- Built in 2008
Lot Details
- 2.96 Acre Lot
- Gated Home
- Level Lot
- Fruit Trees
- Lawn
- Property is in excellent condition
Parking
- Direct Access Garage
Property Views
- Ocean
- Panoramic
- Mountain
Home Design
- Estate
- Mediterranean Architecture
- Raised Foundation
- Tile Roof
- Stucco
Interior Spaces
- 9,320 Sq Ft Home
- 2-Story Property
- Wet Bar
- Multiple Fireplaces
- Gas Fireplace
- Double Pane Windows
- Family Room with Fireplace
- Living Room with Fireplace
- Dining Room with Fireplace
- Formal Dining Room
- Home Theater
- Home Office
- Library
- Home Security System
Kitchen
- Breakfast Area or Nook
- Built-In Double Oven
- Built-In Range
- Microwave
- Dishwasher
- Disposal
- Reverse Osmosis System
Flooring
- Wood
- Carpet
- Radiant Floor
- Stone
Bedrooms and Bathrooms
- 7 Bedrooms
- Main Floor Bedroom
- Fireplace in Primary Bedroom
- Maid or Guest Quarters
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- Spa
- Outdoor Pool
Outdoor Features
- Covered Patio or Porch
- Fireplace in Patio
- Built-In Barbecue
Schools
- Mont Union Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Utilities
- Forced Air Heating and Cooling System
- Shared Well
- Water Softener is Owned
- Sewer Stub Out
Additional Features
- Guest House
- Property is near shops
Listing and Financial Details
- Assessor Parcel Number 011-100-057
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 15, 2018
Closed on
Apr 2, 2019
Sold by
Towbes Anne Smith and Goldman Leslie J
Bought by
Ryan Paul and Dufrane Suzanne
Seller's Agent
Robert Riskin
Village Properties
Buyer's Agent
Marsha Kotlyar Estate Group
Berkshire Hathaway HomeServices California Properties
List Price
$11,300,000
Sold Price
$9,675,000
Premium/Discount to List
-$1,625,000
-14.38%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,006,823
Avg. Annual Appreciation
3.17%
Original Mortgage
$5,805,000
Interest Rate
4.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 16, 2017
Sold by
Towbes Anne Smith
Bought by
Towbes Anne Smith and Goldman Leslie J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Mar 3, 2009
Sold by
Towbes Michael
Bought by
Towbes Michael and Towbes Anne Smith
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ryan Paul | $9,675,000 | Chicago Title Company | |
| Towbes Anne Smith | -- | None Available | |
| Towbes Anne Smith | -- | None Available | |
| Towbes Michael | -- | Accommodation |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ryan Paul | $5,578,400 | |
| Closed | Ryan Paul | $5,745,900 | |
| Closed | Ryan Paul | $5,805,000 | |
| Previous Owner | Towbes Anne Smith | $1,500,000 | |
| Previous Owner | Towbes Michael | $8,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/26/2019 04/26/19 | Sold | $9,675,000 | -14.4% | $1,038 / Sq Ft |
| 03/01/2019 03/01/19 | Pending | -- | -- | -- |
| 10/15/2018 10/15/18 | For Sale | $11,300,000 | -- | $1,212 / Sq Ft |
Source: Santa Barbara Multiple Listing Service
Tax History Compared to Growth
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 | $111,078 | $10,792,641 | $3,681,210 | $7,111,431 |
| 2023 | $111,078 | $10,373,552 | $3,538,265 | $6,835,287 |
| 2022 | $107,274 | $10,170,150 | $3,468,888 | $6,701,262 |
| 2021 | $105,032 | $9,970,736 | $3,400,871 | $6,569,865 |
| 2020 | $104,019 | $9,868,500 | $3,366,000 | $6,502,500 |
| 2019 | $90,392 | $8,605,120 | $760,907 | $7,844,213 |
| 2018 | $88,650 | $8,436,393 | $745,988 | $7,690,405 |
| 2017 | $87,072 | $8,270,974 | $731,361 | $7,539,613 |
| 2016 | $84,445 | $8,108,799 | $717,021 | $7,391,778 |
| 2014 | $81,838 | $7,830,545 | $692,417 | $7,138,128 |
Source: Public Records
Agents Affiliated with this Home
-
-
M
Buyer's Agent in 2019
Marsha Kotlyar Estate Group
Berkshire Hathaway HomeServices California Properties
(805) 565-4014
83 in this area
179 Total Sales
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 18-3737
APN: 011-100-057
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