NOT LISTED FOR SALE

869 Buena Vista Ave Montecito, CA 93108

Estimated Value: $7,868,000 - $10,366,215

3 Beds
5 Baths
-- Sq Ft
1.14 Acres

Last Sold August 14, 2012

Last sale price $4,195,000

Est. 109% increase in value since last sale

Current estimated payment $52,205/month

2 Days on Market

Highlights

  • Spa
  • Reverse Osmosis System
  • Fireplace in Primary Bedroom
  • Santa Barbara Senior High School Rated A-
  • Mountain View
  • Spanish Architecture

About This Home

As of August 2012

Located on one of Montecito’s premier lanes in the heart of the golden quadrangle. Generous, light-filled rooms with high ceilings encourages a relaxed, comfortable and stylish lifestyle.
3 bedrooms, 5 bathrooms, exercise room, library and gourmet kitchen. Sun drenched pool and patio area, shady relaxation spots and garden paths, the home is truly a unique and magical enclave.

Last Agent to Sell the Property

Andrew Templeton

Sotheby's International Realty Listed on: 06/26/2012

Last Buyer's Agent

Rebecca Riskin

Village Properties License #00805720

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $53,943

Year Built

  • Built in 1988

Lot Details

  • 1.14 Acre Lot
  • Fenced
  • Level Lot
  • Irrigation
  • Lawn
  • Property is in excellent condition

Parking

  • Direct Access Garage

Home Design

  • Spanish Architecture
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 1-Story Property
  • Multiple Fireplaces
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Home Office
  • Library
  • Home Gym
  • Mountain Views
  • Gas Dryer Hookup

Kitchen

  • Built-In Oven
  • Built-In Range
  • Dishwasher
  • Reverse Osmosis System

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom

Pool

  • Spa
  • Outdoor Pool

Outdoor Features

  • Patio

Schools

  • Mont Union Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Stub Out

Listing and Financial Details

  • Assessor Parcel Number 007-060-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$53,943

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1988
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Gas Hookup
  • ResoLotFeatures: Level
  • Subdivision Name: Other
  • Architectural Style: Spanish
  • Reso Flooring: Carpet, Tile
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1988
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.14
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Construction Single Story2: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • View Setting2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Dining Dining Area2: Yes
  • Appliances Included Dishwasher3: Yes
  • Fireplace(s) LR: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • ParkingGarage Gar #33: Yes
  • Rooms Exercise Room2: Yes
  • Rooms Office3: Yes
  • Appliances Included Rev Osmosis2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Dining Room2: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • Laundry Gas Hookup2: Yes
  • Style Spanish2: Yes
  • Rooms LbryStudy: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Oven/Rnge/Blt-In, Dishwasher, Rev Osmosis
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Primary Bedroom, Family Room, Dining Room, 2+, LR

Exterior Features

  • Roof: Flat
  • View: Mountain(s), Setting
  • Construction Type: Stucco
  • Acres: 1.14
  • Topography: Level
  • Exterior Features: Pool, Patio Open, SPA-Outside, Lawn, Yard Irrigation T/O, Fenced: ALL
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #3, Interior Access, Attached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes

Schools

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

Lot Info

  • Parcel #: 007-060-008
  • Zoning: R-1
  • Lot Size Sq Ft: 49658.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2023
Sold by
Mark Scher Revocable Trust
Bought by
869 Buena Vista Llc
Current Estimated Value
$8,773,072

Purchase Details

Closed on
Sep 18, 2020
Sold by
Scher Mark Steven and Scher Mark Steven
Bought by
Scher Mark S and Mark Scher Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,531,250
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 26, 2012
Closed on
Jul 18, 2012
Sold by
Glazer Marsha S
Bought by
Scher Mark Steven
Seller's Agent
Andrew Templeton
Sotheby's International Realty
Buyer's Agent
Rebecca Riskin
Village Properties
List Price
$4,250,000
Sold Price
$4,195,000
Premium/Discount to List
-$55,000
-1.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.82%
Original Mortgage
$2,936,500
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 14, 2009
Sold by
Glazer Marsha S
Bought by
Glazer Marsha S and Marsha S Glazer Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Interest Rate
5.59%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
869 Buena Vista Llc -- None Listed On Document
Scher Mark S -- None Available
Scher Mark Steven $4,195,000 Chicago Title Company
Glazer Marsha S -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scher Mark S $3,531,250
Previous Owner Scher Mark Steven $500,000
Previous Owner Scher Mark Steven $3,526,250
Previous Owner Scher Mark Steven $3,520,500
Previous Owner Scher Mark Steven $2,936,500
Previous Owner Glazer Tr Marsha S $1,885,000
Previous Owner Glazer Marsha S $3,500,000
Previous Owner Glazer Marsha S $8,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2012 08/14/12 Sold $4,195,000 -1.3% --
06/28/2012 06/28/12 Pending -- -- --
06/26/2012 06/26/12 For Sale $4,250,000 -- --
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 $53,943 $5,165,833 $3,078,568 $2,087,265
2023 $53,943 $4,965,239 $2,959,024 $2,006,215
2022 $52,028 $4,867,882 $2,901,004 $1,966,878
2021 $50,954 $4,772,434 $2,844,122 $1,928,312
2020 $50,451 $4,723,500 $2,814,960 $1,908,540
2019 $49,282 $4,630,883 $2,759,765 $1,871,118
2018 $48,344 $4,540,082 $2,705,652 $1,834,430
2017 $47,448 $4,451,061 $2,652,600 $1,798,461
2016 $46,009 $4,363,787 $2,600,589 $1,763,198
2014 $44,513 $4,214,045 $2,511,350 $1,702,695
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2012

    Andrew Templeton

    Sotheby's International Realty

  • R

    Buyer's Agent in 2012

    Rebecca Riskin

    Village Properties

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 12-2074

Santa Barbara Multiple Listing Service

APN: 007-060-008

California Santa Barbara County Montecito 93108

869 Buena Vista Ave, Montecito, CA

This home is located at 869 Buena Vista Ave, Montecito, CA 93108 since 26 June 2012 and is currently estimated at $8,773,072. This property was built in 1988. 869 Buena Vista Ave is a home located in Santa Barbara County with nearby schools including Santa Barbara Junior High School, Santa Barbara Senior High School, and Our Lady of Mount Carmel School.

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