Seller's Agent in 2024
Scott Williams
Berkshire Hathaway HomeServices California Properties
(805) 451-9300
3 in this area
45 Total Sales
871 Summit Rd Santa Barbara, CA 93108
Eucalyptus Hill NeighborhoodEstimated Value: $2,878,000 - $3,931,405
3
Beds
3
Baths
1,206
Sq Ft
$2,834/Sq Ft
Est. Value
Highlights
- Ocean View
- Property is near an ocean
- Hilly Lot
- Santa Barbara Senior High School Rated A-
- 2.13 Acre Lot
- Wooded Lot
About This Home
As of November 2024*** For Statistical Purposes**
871 Summit Road is a 2.13-acre lot featuring a charming 1941 cottage in near-original condition. Gravity heat, stand alone appliances, galvanized pipes, plenty of old wiring, pipes, etc. uneven floors. Quite the fixer and at 1,200 SF not a good candidate to fix up, or expand, as it is too small. The property on the other hand offers stunning views overlooking the Montecito Club and extends out to the Pacific Ocean. Access was over a charming, but constricting, pedestrian only bridge. Surrounded by mature trees and open, undeveloped land, this exceptional property is situated in a highly sought-after Montecito neighborhood, offering ample potential for future development. Sold as lot value.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices California Properties License #00628741 Listed on: 11/14/2024
Home Details
Home Type
- Single Family
Year Built
- Built in 1941
Lot Details
- 2.13 Acre Lot
- Lot Sloped Down
- Hilly Lot
- Wooded Lot
- Property is zoned A-1
Parking
- 2 Car Detached Garage
- 4 Open Parking Spaces
Property Views
- Ocean
- Golf Course
- Woods
- Peek-A-Boo
Home Design
- Cottage
- Composition Roof
- Stucco
Interior Spaces
- 1,206 Sq Ft Home
- 1-Story Property
- Cathedral Ceiling
- Living Room with Fireplace
- Combination Kitchen and Dining Room
- Wood Flooring
- Stove
- Gas Dryer Hookup
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Outdoor Features
- Property is near an ocean
- Patio
- Shed
Location
- Property is near shops
- City Lot
Schools
- Cleveland Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Utilities
- Gravity Heating System
Community Details
- No Home Owners Association
- Restaurant
Listing and Financial Details
- Assessor Parcel Number 015-213-014
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 14, 2024
Closed on
Oct 15, 2024
Sold by
Bought by
Seller's Agent
Scott Williams
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Terence Alemann
Alemann and Associates
List Price
$3,200,000
Sold Price
$3,240,000
Premium/Discount to List
$40,000
1.25%
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
$177,601
Avg. Annual Appreciation
3.27%
Purchase Details
Closed on
Jun 1, 2024
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,999,999
Interest Rate
0.0609%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 11, 1997
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Fidelity National Title | ||
| $3,240,000 | Fidelity National Title | ||
| -- | Fidelity National Title | ||
| -- | Santa Barbara Title | ||
| -- | Santa Barbara Title Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $1,999,999 | ||
| Previous Owner | $250,000 | ||
| Previous Owner | $546,000 | ||
| Previous Owner | $150,000 | ||
| Previous Owner | $300,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/14/2024 11/14/24 | For Sale | $3,200,000 | -1.2% | $2,653 / Sq Ft |
| 11/13/2024 11/13/24 | Sold | $3,240,000 | -- | $2,687 / Sq Ft |
| 11/13/2024 11/13/24 | Pending | -- | -- | -- |
Source: Santa Barbara Multiple Listing Service
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $34,553 | $3,304,800 | $2,958,000 | $346,800 |
| 2025 | $5,133 | $3,240,000 | $2,900,000 | $340,000 |
| 2023 | $5,133 | $439,432 | $362,106 | $77,326 |
| 2022 | $5,095 | $430,816 | $355,006 | $75,810 |
| 2021 | $4,982 | $422,370 | $348,046 | $74,324 |
| 2020 | $4,934 | $418,040 | $344,478 | $73,562 |
| 2019 | $4,488 | $409,844 | $337,724 | $72,120 |
| 2018 | $4,422 | $401,808 | $331,102 | $70,706 |
| 2017 | $4,276 | $393,930 | $324,610 | $69,320 |
| 2016 | $4,244 | $386,207 | $318,246 | $67,961 |
| 2014 | $4,131 | $372,956 | $307,326 | $65,630 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Williams
-
Terence Alemann
Buyer's Agent in 2024
Terence Alemann
Alemann and Associates
(805) 637-3378
6 in this area
118 Total Sales
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 24-3729
APN: 015-213-014
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