NOT LISTED FOR SALE

895 Lilac Dr Santa Barbara, CA 93108

Estimated Value: $6,870,000 - $15,543,892

3 Beds
3.5 Baths
2,274 Sq Ft
$4,516/Sq Ft Est. Value

Last Sold August 02, 2018

Last sale price $2,650,000 $1,165 Per Sq Ft

Est. 288% increase in value since last sale

Current estimated payment $61,813/month

76 Days on Market

Highlights

  • Additional Residence on Property
  • Ocean View
  • Ranch Style House
  • Santa Barbara Senior High School Rated A-
  • Outdoor Pool
  • Wood Flooring

About This Home

As of August 2018

Premier location and an excellent opportunity in this Montecito 3 bed, 3 bath single level ranch style home. 1.41 acres with outstanding ocean views!! Small guest home and pool. Home is in original condition and offers endless possibilities. Never before on the market. Montecito Union School District.

Last Agent to Sell the Property

Ryan Malmsten

Santa Barbara Brokers, Inc. License #01867047 Listed on: 07/02/2018

Last Buyer's Agent

Ryan Malmsten

RE/MAX Santa Barbara

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 1.41

Parking

  • Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shake Roof
  • Wood Siding

Interior Spaces

  • 2,274 Sq Ft Home
  • Family Room with Fireplace
  • Wood Flooring
  • Ocean Views

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Outdoor Pool
  • Gazebo

Additional Homes

  • Additional Residence on Property

Schools

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

Utilities

  • Forced Air Heating System
  • Septic System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 007-080-001

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Directions: Romero Canyon to Lilac. Property at the top of Lilac Dr.
  • Prop. Type: Residential
  • Year Built: 1952
  • Reso Property Sub Type: Home/Estate
  • Architectural Style: Ranch
  • Reso Flooring: Hardwood
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • Property Information Year Built2: 1952
  • Property Information Total #Units: 2
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Property Information Within City Limits: No
  • Construction Single Story2: Yes
  • Foundation:Slab: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Pool: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Amenities Guest House2: Yes
  • Fireplace(s) Family Room3: Yes
  • WaterSewer Septic In: Yes
  • Other Buildings Second Residence2: Yes
  • ViewOcean: Yes
  • GroundsLandscaping Gazebo2: Yes
  • Roof Shake: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room

Exterior Features

  • Roof: Shake
  • View: Ocean
  • Construction Type: Wood Siding
  • Exterior Features: Pool, Gazebo
  • Foundation Details: Slab

Garage/Parking

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

Utilities

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

Schools

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

Lot Info

  • Parcel #: 007-080-001
  • Zoning: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2020
Sold by
895 Lilac Llc
Bought by
Canada El Capitan Oaks Llc
Current Estimated Value
$10,270,223

Purchase Details

Closed on
Nov 6, 2018
Sold by
Schnell Robert H and Schnell Renee
Bought by
895 Lilac Llc

Purchase Details

Listed on
Jul 2, 2018
Closed on
Aug 1, 2018
Sold by
Nigro Rachel
Bought by
Nigro James
Seller's Agent
Ryan Malmsten
Santa Barbara Brokers, Inc.
Buyer's Agent
Ryan Malmsten
RE/MAX Santa Barbara
List Price
$3,250,000
Sold Price
$2,650,000
Premium/Discount to List
-$600,000
-18.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.12%

Purchase Details

Listed on
Jul 2, 2018
Closed on
Jul 26, 2018
Sold by
Mcmahon Timothy M
Bought by
Schnell Robert H and Schnell Renee
Seller's Agent
Ryan Malmsten
Santa Barbara Brokers, Inc.
Buyer's Agent
Ryan Malmsten
RE/MAX Santa Barbara
List Price
$3,250,000
Sold Price
$2,650,000
Premium/Discount to List
-$600,000
-18.46%
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
Canada El Capitan Oaks Llc $5,600,000 Chicago Title Company
895 Lilac Llc $26,500 None Available
Nigro James -- Fidelity National Title
Schnell Robert H $2,650,000 Chicago Title Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2018 08/02/18 Sold $2,650,000 -18.5% $1,165 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
05/15/2018 05/15/18 For Sale $3,250,000 -- $1,429 / 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 $94,118 $9,300,425 $3,515,781 $5,784,644
2023 $94,118 $8,939,280 $3,379,260 $5,560,020
2022 $84,453 $8,164,000 $3,313,000 $4,851,000
2021 $33,110 $3,200,000 $3,150,000 $50,000
2020 $27,989 $2,703,000 $2,244,000 $459,000
2019 $27,442 $2,650,000 $2,200,000 $450,000
2018 $5,782 $557,371 $248,824 $308,547
2017 $5,683 $546,444 $243,946 $302,498
2016 $5,558 $535,730 $239,163 $296,567
2014 $5,398 $517,348 $230,957 $286,391
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 18-1734

Santa Barbara Multiple Listing Service

APN: 007-080-001