NOT LISTED FOR SALE

87 Seaview Dr Montecito, CA 93108

Estimated Value: $3,400,000 - $4,470,000

2 Beds
2 Baths
1,769 Sq Ft
$1,201/mo HOA Fee

Last Sold March 30, 2021

Last sale price $2,450,000 $1,385 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $21,703/month

5 Days on Market

Highlights

  • Gated with Attendant
  • Property is near an ocean
  • Updated Kitchen
  • Santa Barbara Senior High School Rated A-
  • View of Trees or Woods
  • Contemporary Architecture

About This Home

As of March 2021

The difference is in the details, this pristine beach side condo will make you never want to leave home. Meticulously remodeled in 2018, the kitchen stuns, featuring a quartz waterfall countertop, sleek contemporary cabinetry, and top of the line appliances. The generous sized living room opens to the large balcony, serving as outdoor California Living. The first bedroom features large floor to ceiling doors, balcony access, walk in closet, and custom built-ins. The primary suite features a beautiful remodeled bathroom. The marble floors compliment the shower's geometric inlaid mosaic tile pattern, finished with dual walk in closets. This exquisite upstairs unit is equipped with a laundry room and air conditioning. Follow the short path to the beach, and soak up our gorgeous Santa Barbara weather. Located near the Four Seasons Biltmore Hotel, Coral Casino Beach & Cabana Club, Coast Village Road restaurants and shopping, and Rosewood Miramar Hotel. Amenities include a tennis court, pool, spa, and a 24 hour guard gated entrance.

Last Agent to Sell the Property

Maureen McDermut

Sotheby's International Realty License #01175027 Listed on: 02/05/2021

Co-Listed By

Julie Greener

Sotheby's International Realty

Last Buyer's Agent

Non Member Agent

Non Member Office

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1974

Lot Details

  • 1,960

HOA Fees

  • $1,201 Monthly HOA Fees

Parking

  • Garage

Property Views

  • Woods
  • Peek-A-Boo

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,769 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms

Schools

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

Utilities

  • Central Air
  • Underground Utilities

Additional Features

  • Accessible Elevator Installed
  • Property is near an ocean
  • Property is in excellent condition
  • Property is near public transit, schools, shops, and bus stop

Listing and Financial Details

  • Exclusions: Other
  • Assessor Parcel Number 009-520-008

Community Details

Overview

  • Association fees include insurance, earthquake insurance, trash, comm area maint, exterior maint, security
  • Montecito Shores Community

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Year Built

Built in 1974

Lot Details

0

HOA Fees

$1,201 per month

Listing Details

  • Association Fee: 1201
  • Prop. Type: Residential
  • Year Built: 1974
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level, Near Public Transit
  • ResoSecurityFeatures: Gate:Guard
  • Reso Association Amenities: Tennis Court(s), Pool, Security
  • Reso Association Fee Includes: Insurance, Earthquake Insurance, Trash, Comm Area Maint, Exterior Maint, Security
  • Co List Office Mls Id: sir
  • Co List Office Phone: 805-969-9993
  • Reso Accessibility Features: Accessible Elevator Installed
  • Architectural Style: Contemporary
  • Reso Flooring: Carpet, Marble, Stone
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1974
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • LocationTopo Level: Yes
  • Site Improvements Underground Util: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Construction Single Story2: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Microwave3: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Marble2: Yes
  • Cooling Central Air: Yes
  • View Wooded3: Yes
  • Proximity Near Shopping2: Yes
  • FlrWdw Coverings Stone2: Yes
  • Proximity Near Bus: Yes
  • Style:Contemporary2: Yes
  • FlrWdw Coverings Carpet: Yes
  • Location Info Development Name: Montecito Shores
  • Roof:Tile2: Yes
  • Appliances Included Electric Range2: Yes
  • AssocPark Amenities Pool4: Yes
  • Pets Yes: Yes
  • Security GateGuard: Yes
  • Handicapped Access Elevator3: Yes
  • AssocPark Amenities Security: Yes
  • View PartialFiltered2: Yes
  • AssocPark Amenities Tennis Court(s)2: Yes
  • AssocPark Fee Incl Security2: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher, Microwave
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: LR

Exterior Features

  • Roof: Tile, Flat
  • View: Wooded, Partial/Filtered
  • Construction Type: Stucco
  • Topography: Level
  • Exclusions: Other
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Underground Util
  • Water Source: Mont Wtr

Condo/Co-op/Association

  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 009-520-008
  • Zoning: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2021
Closed on
Mar 17, 2021
Sold by
Scher Lila and Lila L Scher Trust
Bought by
87 Seaview Drive Llc
Seller's Agent
Maureen McDermut
Sotheby's International Realty
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$2,500,000
Sold Price
$2,450,000
Premium/Discount to List
-$50,000
-2%
Current Estimated Value
$3,481,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,031,268
Avg. Annual Appreciation
9.53%
Original Mortgage
$1,225,000
Outstanding Balance
$908,530
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$2,881,337

Purchase Details

Closed on
Oct 13, 2017
Sold by
Washburn Kathryn
Bought by
Scher Lila L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,408,840
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 31, 2014
Sold by
Edwards Jettie M
Bought by
Washburn Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$828,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 5, 2010
Sold by
Emmons Christine Bebb
Bought by
Edwards Jettie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.78%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 24, 2002
Sold by
Bebb Kenneth Norman and Bebb Joan Constance
Bought by
Bebb Joan Constance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.96%

Purchase Details

Closed on
Apr 22, 2002
Sold by
Carpenter Janice Ogden
Bought by
Bebb Joan Constance and Bebb Kenneth H Norman

Purchase Details

Closed on
Aug 31, 1995
Sold by
Carpenter Robert H
Bought by
Carpenter Janice Ogden

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
7.97%

Purchase Details

Closed on
Aug 30, 1995
Sold by
Seed Harris W and Vancott Eleanor
Bought by
Carpenter Janice Ogden

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
7.97%

Purchase Details

Closed on
Jan 31, 1995
Sold by
Seed Harris W and Vancott Eleanor
Bought by
Seed Harris W and Vancott Eleanor
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
87 Seaview Drive Llc $2,450,000 Fidelity National Title Co
Scher Lila L $1,762,500 Chicago Title Company
Washburn Kathryn $1,550,000 Chicago Title
Edwards Jettie M $1,050,000 Chicago Title Company
Bebb Joan Constance -- Equity Title Company
Bebb Kenneth Norman -- Equity Title Company
Bebb Joan Constance $975,000 Fidelity National Title Co
Carpenter Janice Ogden -- Equity Title Company
Carpenter Janice Ogden $484,500 Equity Title Company
Seed Harris W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 87 Seaview Drive Llc $1,225,000
Previous Owner Scher Lila L $1,408,840
Previous Owner Washburn Kathryn $828,000
Previous Owner Edwards Jettie M $400,000
Previous Owner Bebb Kenneth Norman $275,000
Previous Owner Carpenter Janice Ogden $203,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2021 03/30/21 Sold $2,450,000 -2.0% $1,385 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
02/04/2021 02/04/21 For Sale $2,500,000 -- $1,413 / 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 $27,583 $2,651,957 $1,623,648 $1,028,309
2023 $27,583 $2,548,980 $1,560,600 $988,380
2022 $26,596 $2,499,000 $1,530,000 $969,000
2021 $19,880 $1,852,437 $1,051,178 $801,259
2020 $19,687 $1,833,444 $1,040,400 $793,044
2019 $19,307 $1,797,495 $1,020,000 $777,495
2018 $18,943 $1,762,250 $1,000,000 $762,250
2017 $17,380 $1,611,108 $802,554 $808,554
2016 $16,816 $1,573,636 $786,818 $786,818
2015 $8,061 $725,600 $381,738 $343,862
2014 -- $711,388 $374,261 $337,127
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 21-431

Santa Barbara Multiple Listing Service

APN: 009-520-008