NOT LISTED FOR SALE

Estimated Value: $4,511,300 - $4,832,000

4 Beds
2 Baths
1,903 Sq Ft
$2,463/Sq Ft Est. Value

Last Sold July 19, 2022

Last sale price $3,800,000 $1,997 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $29,112/month

17 Days on Market

Highlights

  • Accessory Dwelling Unit (ADU)
  • Property is near an ocean
  • Midcentury Modern Architecture
  • Cold Spring Elementary School Rated A
  • 1.76 Acre Lot
  • Fruit Trees

About This Home

As of July 2022

Originally part of the Knapp Estate, this sleek contemporary home has an additional two-bed guest house over the three-car garage. Original oak raised floors and walls of glass bring the clean lines of mid-century architectural style to the fore. Dazzling mountain views. Along with fresh paint and new driveway, this home has been excellently maintained. It may be most appealing to buyers wishing to upgrade a contemporary home with wonderful 1968 mid-century ambiance. 1,000 feet from Cold Spring School, it is equally distant between the upper and lower villages (1.3 miles). Usable 1.76 acre lot is accessible from two streets and may become more valuable as rules for splitting SB-9 lots are clarified. First time on the market in 25 years.

Last Agent to Sell the Property

Scott Williams

Berkshire Hathaway HomeServices California Properties License #00628741 Listed on: 05/31/2022

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Scott Williams

Berkshire Hathaway HomeServices California Properties License #00628741 Listed on: 05/31/2022

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,089

Year Built

  • Built in 1968

Lot Details

  • 1.76 Acre Lot
  • Fruit Trees
  • Wooded Lot
  • Property is in good condition
  • Property is zoned A-1

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Midcentury Modern Architecture
  • Contemporary Architecture
  • Flat Roof Shape
  • Raised Foundation
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,903 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Multiple Fireplaces
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Mountain Views

Kitchen

  • Built-In Oven
  • Built-In Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Remodeled Bathroom
  • Maid or Guest Quarters
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • 220 Volts In Laundry

Outdoor Features

  • Property is near an ocean
  • Patio

Additional Homes

  • Accessory Dwelling Unit (ADU)

Location

  • Property is near a park
  • Property is near public transit
  • Property near a hospital
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Schools

  • Cold Spring Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Forced Air Heating System
  • Heating System Mounted To A Wall or Window
  • Sewer Stub Out

Listing and Financial Details

  • Assessor Parcel Number 013-191-008

Community Details

Overview

  • 2 Units
  • 15 Eucalyptus Hill Subdivision

Amenities

  • Restaurant

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,089

Year Built

Built in 1968

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Association Fee: 800 yr
  • Directions: Entrance to Arcady is across Sycamore Canyon from Lotus Land. The road turns up the hill and 870 is on the right. Plenty of parking in front of the house down a long driveway.
  • Prop. Type: Residential
  • Year Built: 1968
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: 220V Elect, Gas Hookup, Laundry Room
  • ResoLotFeatures: Near Public Transit
  • Subdivision Name: 15 - Eucalyptus Hill
  • Architectural Style: Mid-century Modern, Contemporary
  • Reso Flooring: Wood, Carpet, Hardwood
  • Garage Yn: Yes
  • Unit Levels: Single Story, Two
  • New Construction: No
  • Reso Other Structures: ADU (Accessory Dwelling Unit)
  • Reso Property Condition: Good
  • Property Information Year Built2: 1968
  • Property Information Total #Units: 2
  • Property Information Apx # Acres: 1.76
  • NeighborhoodSchools Elementary School: Cold Spring
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • Property Information ADU: Yes
  • Property Information Within City Limits: No
  • Construction Single Story2: Yes
  • Exterior Wood Siding: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: 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 Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Property Information Main House SqFt: 1903.0
  • Construction Two Story2: Yes
  • ParkingGarage Gar #33: Yes
  • Other Buildings ADU (Accessory Dwelling Unit): Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Rooms Office3: Yes
  • Amenities Guest House2: Yes
  • Amenities Guest Quarters2: Yes
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • Style:Contemporary2: Yes
  • GroundsLandscaping Wooded4: Yes
  • Fireplace(s):_two_3: Yes
  • FlrWdw Coverings Carpet: Yes
  • Laundry:_two_20V Elect2: Yes
  • Style Mid-century Modern: Yes
  • Laundry Gas Hookup2: Yes
  • FlrWdw Coverings Wood2: Yes
  • Proximity Near Hospital2: Yes
  • Foundation Raised: Yes
  • Rooms:Den: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • Heating Wall: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Oven/Rnge/Blt-In, Dishwasher, Disposal, Dryer, Gas Stove, Microwave, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: 2, LR
  • Total Bedrooms: 11

Exterior Features

  • Roof: Flat
  • View: Mountain(s), Setting
  • Construction Type: Wood Siding, Stucco
  • Acres: 1.76
  • Exterior Features: Patio Open, Fruit Trees, Wooded
  • Foundation Details: Raised
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #3

Utilities

  • Heating: Forced Air, Wall
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes

Schools

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

Lot Info

  • Parcel #: 013-191-008
  • Zoning: A-1
  • Lot Size Sq Ft: 76665.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2022
Closed on
Jul 13, 2022
Sold by
Thomas And Joan D Dunne Living Trust
Bought by
Allen/Goldstein Revocable Trust
Seller's Agent
Scott Williams
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Scott Williams
Berkshire Hathaway HomeServices California Properties
List Price
$4,500,000
Sold Price
$3,800,000
Premium/Discount to List
-$700,000
-15.56%
Current Estimated Value
$4,687,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$887,075
Avg. Annual Appreciation
5.29%
Original Mortgage
$2,500,000
Outstanding Balance
$2,358,837
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$2,099,084

Purchase Details

Closed on
Oct 11, 2002
Sold by
Dunne Thomas and Dunne Joan D
Bought by
Dunne Thomas and Dunne Joan D

Purchase Details

Closed on
Apr 10, 1998
Sold by
Lewis Zena D and Lewis Family Trust
Bought by
Dunne Thomas and Dunne Joan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,000
Interest Rate
4.62%
Source: Public Records

Range of Values:

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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
Allen/Goldstein Revocable Trust $3,800,000 Chicago Title
Dunne Thomas -- --
Dunne Thomas -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen/Goldstein Revocable Trust $2,500,000
Previous Owner Dunne Joan D $250,000
Previous Owner Dunne Thomas $515,000
Previous Owner Dunne Thomas $100,000
Previous Owner Dunne Thomas $605,000
Previous Owner Dunne Thomas $607,571
Previous Owner Dunne Thomas $628,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2022 07/19/22 Sold $3,800,000 0.0% $1,997 / Sq Ft
07/19/2022 07/19/22 Off Market $3,800,000 -- --
06/17/2022 06/17/22 Pending -- -- --
06/14/2022 06/14/22 Price Changed $4,100,000 -8.9% $2,154 / Sq Ft
05/31/2022 05/31/22 For Sale $4,500,000 -- $2,365 / 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 $42,089 $3,949,531 $2,622,485 $1,327,046
2023 $42,089 $3,796,167 $2,520,651 $1,275,516
2022 $14,208 $1,181,148 $827,560 $353,588
2021 $13,941 $1,157,989 $811,334 $346,655
2020 $13,664 $1,146,116 $803,015 $343,101
2019 $13,238 $1,123,644 $787,270 $336,374
2018 $13,007 $1,101,613 $771,834 $329,779
2017 $12,711 $1,080,013 $756,700 $323,313
2016 $12,318 $1,058,837 $741,863 $316,974
2014 $11,819 $1,022,505 $716,407 $306,098
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 22-1714

Santa Barbara Multiple Listing Service

APN: 013-191-008