NOT LISTED FOR SALE

Montecito, CA 93108

Estimated Value: $7,033,000 - $8,609,624

3 Beds
0.5 Bath
3,880 Sq Ft
$2,003/Sq Ft Est. Value

Last Sold December 30, 2014

Last sale price $2,600,000 $670 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $45,909/month

Highlights

  • Guest House
  • Art Studio
  • Peek-A-Boo Views
  • Santa Barbara Senior High School Rated A-
  • Updated Kitchen
  • Fruit Trees

About This Home

As of March 2015

In Montecito's most coveted location this sophisticated and unique home offers seclusion and tranquility. Soaring ceilings and huge windows provide sunlit rooms. A storybook guest house is surrounded by cascading gardens and wonderful views. Other features include a chef's kitchen, three fireplaces, two master bath areas, separate studio and several outdoor patios for entertaining.

Last Agent to Rent the Property

Kathleen St. James

Sotheby's International Realty License #01408798 Listed on: 02/16/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,718

Year Built

  • Built in 1975

Lot Details

  • Gated Home
  • Partially Fenced Property
  • Irrigation
  • Fruit Trees
  • Lawn
  • Property is in excellent condition

Parking

  • Garage

Property Views

  • Peek-A-Boo
  • Mountain

Home Design

  • Mediterranean Architecture
  • Split Level Home

Interior Spaces

  • 3,880 Sq Ft Home
  • Central Vacuum
  • Cathedral Ceiling
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Art Studio

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Built-In Double Oven
  • Built-In Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Parquet
  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • Maid or Guest Quarters
  • 0.5 Bathroom

Laundry

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

Home Security

  • Home Security System
  • Fire and Smoke Detector

Additional Features

  • Patio
  • Guest House
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,718

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Prop. Type: ResidentialLease
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room, 220V Elect
  • Architectural Style: Medit
  • Reso Flooring: Hardwood, Parquet, Wood/Laminate
  • Garage Yn: Yes
  • Unit Levels: Split Level
  • New Construction: No
  • Reso Property Condition: Excellent
  • Condition Excellent: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • Property Information Total Bathrooms2: 5.0
  • View Mountain(s): Yes
  • View Setting: Yes
  • GroundsLandscaping Fruit Trees: Yes
  • Laundry Laundry Room: Yes
  • Fireplace(s) Living Room: Yes
  • Property Information Year Built3: 1975
  • Style Medit: Yes
  • GroundsLandscaping Patio Open: Yes
  • Security Secrurity System: Yes
  • Construction Split Level2: Yes
  • Security Smoke Detector(s): Yes
  • HeatingCooling GFA2: Yes
  • GroundsLandscaping Fenced Partial: Yes
  • Dining Breakfast Area: Yes
  • Dining Formal: Yes
  • Amenities Cathedral Ceilings: Yes
  • Amenities Dual Pane Window: Yes
  • Amenities Remodeled Bath: Yes
  • Amenities Remodeled Kitchen: Yes
  • Appliances Included Gas Stove: Yes
  • FlrWdw Coverings Carpet2: Yes
  • Appliances Included OvenBltin: Yes
  • HeatingCooling AC Central: Yes
  • FlrWdw Coverings Hardwood: Yes
  • ParkingGarage Gar #42: Yes
  • GroundsLandscaping Lawn: Yes
  • Amenities Guest Quarters: Yes
  • Appliances Included Double Oven: Yes
  • Appliances Included OvenRngeBlt-in: Yes
  • Security Gate Electric: Yes
  • Rooms DenLibraryStudy: Yes
  • View PartialFiltered: Yes
  • FlrWdw Coverings WoodLaminate: Yes
  • Rooms Art Studio: Yes
  • Laundry:_two_20V Elect: Yes
  • FlrWdw Coverings Parquet: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1975

Interior Features

  • Appliances: Oven/Rnge/Blt-in, Oven/Blt-in, Central Vac, Dishwasher, Disposal, Double Oven, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Living Room
  • Appliances Included:Dryer: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave: Yes
  • Number of Fireplaces Gas: Yes
  • Appliances Included:Central Vac: Yes

Exterior Features

  • View: Other, Mountain(s), Partial/Filtered, Setting
  • Exterior Features: Yard Irrigation T/O, Fenced Partial, Fruit Trees, Lawn, Patio Open

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #4

Utilities

  • Heating: GFA
  • HeatingYN: Yes

Association/Amenities

  • Interior Amenities:Pantry: Yes
  • Amenities:Skylight: Yes
  • Amenities:Guest House: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2015
Closed on
Mar 6, 2015
Sold by
Logue Charles G and Logue Candy S
Bought by
Layden Marjorie
Seller's Agent
Kathleen St. James
Sotheby's International Realty
Current Estimated Value
$7,772,406

Purchase Details

Listed on
May 14, 2014
Closed on
Dec 26, 2014
Sold by
Broudy Sherrill
Bought by
Logue Charles G and Logue Candy S
Seller's Agent
Kathleen St. James
Sotheby's International Realty
Buyer's Agent
Kathleen St. James
Berkshire Hathaway HomeServices California Properties
List Price
$3,995,000
Sold Price
$2,600,000
Premium/Discount to List
-$1,395,000
-34.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.83%

Purchase Details

Closed on
Aug 29, 2006
Sold by
Anticouni Bruce N and Anticouni Judith Ann
Bought by
Broudy Sherrill and Sherrill Broudy Revocable Trust

Purchase Details

Closed on
Jan 25, 2005
Sold by
Montecito Bank & Trust
Bought by
Anticouni Bruce N and Anticouni Judith Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2004
Sold by
Thompson Colene
Bought by
Power Nancy Thompson and The Thompson Family Revocable Living Tr

Purchase Details

Closed on
Dec 31, 2001
Sold by
Power Robert and Power Nancy
Bought by
Power Robert and Power Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.75%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 11, 2001
Sold by
Power Bob and Power Nancy
Bought by
Power Robert and Power Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.75%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 17, 2000
Sold by
Power Bob and Power Nancy
Bought by
Robert Power Living Trust

Purchase Details

Closed on
Mar 12, 1998
Sold by
Hayward Jean Eastwood
Bought by
Power Bob and Power Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,500
Interest Rate
7.02%
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
Layden Marjorie $3,100,000 First American Title Company
Logue Charles G $2,600,000 First American Title Company
Broudy Sherrill -- Lawyers Title Company
Anticouni Bruce N $3,714,000 Stewart Title
Power Nancy Thompson -- --
Power Robert -- Stewart Title
Power Robert -- Stewart Title
Robert Power Living Trust -- --
Power Bob -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Tolle Ulrich L --
Previous Owner Anticouni Bruce N $2,500,000
Previous Owner Power Robert $1,000,000
Previous Owner Power Robert $1,150,000
Previous Owner Power Bob $862,500
Closed Power Bob $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2015 03/29/15 Rented -- -- --
02/27/2015 02/27/15 Under Contract -- -- --
02/16/2015 02/16/15 For Rent $12,000 0.0% --
12/30/2014 12/30/14 Sold $2,600,000 0.0% $650 / Sq Ft
12/30/2014 12/30/14 Sold $2,600,000 0.0% $670 / Sq Ft
12/30/2014 12/30/14 Sold $2,600,000 -34.9% $670 / Sq Ft
12/15/2014 12/15/14 Pending -- -- --
12/15/2014 12/15/14 Pending -- -- --
12/15/2014 12/15/14 Pending -- -- --
05/14/2014 05/14/14 For Sale $3,995,000 0.0% $1,030 / Sq Ft
05/14/2014 05/14/14 For Sale $3,995,000 -6.0% $1,030 / Sq Ft
04/04/2014 04/04/14 For Sale $4,250,000 -- $1,063 / 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 $42,718 $4,062,044 $1,972,992 $2,089,052
2023 $42,718 $3,904,312 $1,896,379 $2,007,933
2022 $41,265 $3,827,758 $1,859,196 $1,968,562
2021 $40,419 $3,752,705 $1,822,742 $1,929,963
2020 $40,029 $3,714,227 $1,804,053 $1,910,174
2019 $39,115 $3,641,400 $1,768,680 $1,872,720
2018 $38,378 $3,570,000 $1,734,000 $1,836,000
2017 $34,654 $3,210,220 $2,174,665 $1,035,555
2016 $33,601 $3,147,275 $2,132,025 $1,015,250
2014 $13,575 $1,210,341 $286,803 $923,538
Source: Public Records

Agents Affiliated with this Home

  • K

    Landlord's Agent in 2015

    Kathleen St. James

    Sotheby's International Realty

    Section Image

  • s

    Buyer's Agent in 2014

    sbr.rets.8875

    sbr.rets.RETS_OFFICE

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Source: Santa Barbara Multiple Listing Service

MLS Number: RN-12013

Santa Barbara Multiple Listing Service

APN: 007-060-034

California Santa Barbara County Montecito

93108

This home since 16 February 2015 and is currently priced at $7,772,406. This property was built in 1975. This home 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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