NOT LISTED FOR SALE

871 Oak Grove Dr Santa Barbara, CA 93108

Estimated Value: $7,743,000 - $8,317,000

4 Beds
3.5 Baths
4,460 Sq Ft
$1,793/Sq Ft Est. Value

Last Sold January 04, 2018

Last sale price $4,350,000 $975 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $47,763/month

624 Days on Market

Highlights

  • Spa
  • Estate
  • Reverse Osmosis System
  • Santa Barbara Senior High School Rated A-
  • Updated Kitchen
  • Fruit Trees

About This Home

As of January 2018

French inspired stone farmhouse in Montecito’s Golden Quadrangle pairs the light & romance of Provence with incredible layered gardens & an advanced smart-home automation system. Interior rooms mingle effortlessly while mature oaks & mtn views highlight beautiful outdoor spaces. Expansive finished attic space provides endless possibilities. This peaceful & pristine home is a treasure.

Last Agent to Sell the Property

Robert Riskin

Village Properties License #01815307 / 01447045 / 01954177 / 01951069 Listed on: 03/14/2016

Last Buyer's Agent

Lisa Scibird

Berkshire Hathaway HomeServices California Properties License #02027505

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,227

Year Built

  • Built in 2006

Lot Details

  • 1 Acre Lot
  • Gated Home
  • Back Yard Fenced
  • Corner Lot
  • Level Lot
  • Irrigation
  • Fruit Trees
  • Lawn
  • Property is in excellent condition

Home Design

  • Estate
  • Brick Exterior Construction
  • Slab Foundation
  • Slate Roof

Interior Spaces

  • 4,460 Sq Ft Home
  • 2-Story Property
  • Multiple Fireplaces
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Mountain Views
  • Finished Attic

Kitchen

  • Updated Kitchen
  • Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal
  • Reverse Osmosis System

Flooring

  • Wood
  • Radiant Floor
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Direct Access Garage
  • Carport

Outdoor Features

  • Spa
  • Covered Patio or Porch
  • Fireplace in Patio
  • Shed
  • 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
  • Septic System

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Exclusions: Other, Mirror
  • Assessor Parcel Number 007-110-030

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,227

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Directions: East Valley Rd to Lilac Dr, right on Oak Grove.
  • Prop. Type: Residential
  • Year Built: 2006
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Common Area
  • ResoLotFeatures: Level, Rolling Slope, Corner Lot
  • ResoSecurityFeatures: Gate:Elec, Security Camera, Security System, Fire Alarm, Smoke Detector(s)
  • Architectural Style: Other, Estate
  • Carport Y N: Yes
  • Reso Flooring: Hardwood, Stone
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2006
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.0
  • 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
  • LocationTopo Rolly2: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Foundation:Slab: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Rooms Family Room4: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Cooling Central Air: Yes
  • Style Estate2: Yes
  • Construction Two Story2: Yes
  • Exterior BrickStone: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • LocationTopo Corner Lot2: Yes
  • Rooms Office3: Yes
  • Dining Formal2: Yes
  • Dining In Kitchen4: Yes
  • Appliances Included Rev Osmosis2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Dining Room2: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Gas8: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Security Security Camera2: Yes
  • FlrWdw Coverings Stone2: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • WaterSewer Septic In: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • Other Buildings Shed: Yes
  • GroundsLandscaping Fenced BCK: Yes
  • Security Fire Alarm2: Yes
  • ParkingGarage Cpt #12: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Laundry Common Area2: Yes
  • Fireplace(s) Patio3: Yes
  • Roof Slate2: Yes
  • Amenities Finished Attic2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Dishwasher, Disposal, Dryer, Gas Stove, Microwave, Rev Osmosis, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Primary Bedroom, Family Room, Dining Room, 2+, Gas, LR, Patio
  • Total Bedrooms: 10

Exterior Features

  • Roof: Slate
  • View: Mountain(s), Setting
  • Construction Type: Brick/Stone
  • Acres: 1.0
  • Topography: Rolly, Level
  • Exclusions: Other, Mirror
  • Exterior Features: Patio Covered, SPA-Outside, Lawn, Fruit Trees, Yard Irrigation T/O, Fenced: BCK, Fenced: PRT
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #2, Cpt #1, Interior Access, Attached

Utilities

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

Schools

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

Lot Info

  • Parcel #: 007-110-030
  • Zoning: Other
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2016
Closed on
Dec 22, 2017
Sold by
Hamilton Jack S and Hamilton Michelle T
Bought by
Cutter Marc J and Cutter Paulina
Seller's Agent
Robert Riskin
Village Properties
Buyer's Agent
Lisa Scibird
Berkshire Hathaway HomeServices California Properties
List Price
$5,450,000
Sold Price
$4,350,000
Premium/Discount to List
-$1,100,000
-20.18%
Current Estimated Value
$7,997,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,647,618
Avg. Annual Appreciation
8.24%

Purchase Details

Closed on
Aug 17, 2009
Sold by
Copley Nigel Malcolm and Clarke Cristal Diane
Bought by
Hamilton Jack S and Hamilton Michelle T

Purchase Details

Closed on
Feb 2, 2005
Sold by
Copley Nigel and Clarke Cristal
Bought by
Copley Nigel Malcolm and Clarke Cristal Diane

Purchase Details

Closed on
Jan 9, 2004
Sold by
600 Syr Llc
Bought by
Copley Nigel and Clarke Cristal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 11, 2003
Sold by
Drexler Millard S and Drexler Peggy F
Bought by
600 Syr Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 1994
Sold by
Drasnin Sidney M and Drasnin Virginia V
Bought by
Drexler Millard S and Drexler Peggy F
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
Cutter Marc J $4,350,000 Chicago Title Co
Hamilton Jack S -- Chicago Title Company
Copley Nigel Malcolm -- --
Copley Nigel -- Fidelity National Title Co
600 Syr Llc -- Fidelity National Title Co
Drexler Millard S -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Copley Nigel Malcolm $500,000
Previous Owner Copley Nigel Malcolm $2,025,000
Previous Owner Copley Nigel Malcolm $500,000
Previous Owner Copley Nigel Malcolm $1,685,000
Previous Owner Copley Nigel $300,000
Previous Owner 600 Syr Llc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2018 01/04/18 Sold $4,350,000 -20.2% $975 / Sq Ft
11/28/2017 11/28/17 Pending -- -- --
03/14/2016 03/14/16 For Sale $5,450,000 -- $1,222 / 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 $50,227 $4,949,553 $1,934,307 $3,015,246
2023 $50,227 $4,757,358 $1,859,197 $2,898,161
2022 $48,453 $4,664,078 $1,822,743 $2,841,335
2021 $47,423 $4,572,626 $1,787,003 $2,785,623
2020 $46,935 $4,525,740 $1,768,680 $2,757,060
2019 $45,843 $4,437,000 $1,734,000 $2,703,000
2018 $48,449 $4,696,672 $2,268,923 $2,427,749
2017 $47,625 $4,604,582 $2,224,435 $2,380,147
2016 $46,239 $4,514,297 $2,180,819 $2,333,478
2015 $45,639 $4,446,489 $2,148,062 $2,298,427
2014 -- $4,359,389 $2,105,985 $2,253,404
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 16-812

Santa Barbara Multiple Listing Service

APN: 007-110-030