NOT LISTED FOR SALE

901 Park Ln Santa Barbara, CA 93108

Estimated Value: $6,718,000 - $9,351,242

4 Beds
5 Baths
4,185 Sq Ft
$1,970/Sq Ft Est. Value

Last Sold January 27, 2012

Last sale price $3,850,000 $920 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $48,595/month

77 Days on Market

Highlights

  • Ocean View
  • Outdoor Pool
  • Hilly Lot
  • Santa Barbara Senior High School Rated A-
  • Fireplace in Primary Bedroom
  • Mediterranean Architecture

About This Home

As of January 2012

Breathtaking ocean/island views from South-facing Park Lane Villa w/expansive stone terraces, Pool, Spa, French doors to views and Dining Terrace, 3-car garage, preferred location, close to Montecito's Upper Village and San Ysidro Ranch, hiking trails, Montecito Union School District.

Last Agent to Sell the Property

Randall Solakian

Coldwell Banker Realty License #00622258 Listed on: 10/18/2011

Coldwell Banker Realty

Last Buyer's Agent

Daniel Encell

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 0.69 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Irrigation
  • Hilly Lot
  • Property is in excellent condition

Parking

  • Attached Garage

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,185 Sq Ft Home
  • 2-Story Property
  • Multiple Fireplaces
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Ocean Views
  • Breakfast Bar

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Outdoor Features

  • Outdoor Pool
  • Patio

Schools

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

Utilities

  • Forced Air Heating System
  • Sewer Stub Out
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Chandelier
  • Assessor Parcel Number 007-060-062

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1988
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: 220V Elect, Laundry Room
  • ResoLotFeatures: Level
  • Subdivision Name: Other
  • Architectural Style: Medit
  • Reso Flooring: Carpet, Stone
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1988
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.69
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • LocationTopo Level: Yes
  • LocationTopo Hilly2: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Patio Open2: Yes
  • Rooms Family Room4: Yes
  • Dining Breakfast Bar2: Yes
  • Laundry Laundry Room2: Yes
  • Fireplace(s) LR: Yes
  • WaterSewer Sewer Hookup: Yes
  • Construction Two Story2: Yes
  • ParkingGarage Gar #33: Yes
  • Dining Formal2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • FlrWdw Coverings Stone2: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • FlrWdw Coverings Carpet: Yes
  • Roof:Tile2: Yes
  • ViewOcean: Yes
  • Laundry:_two_20V Elect2: Yes
  • Site Improvements Cable TV3: Yes
  • Style Medit2: Yes
  • Assessor's Data Assessor Year Built: 1988.0
  • Assessor's Data Assessor Lot Acres: 0.69
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Primary Bedroom, Family Room, 2+, LR
  • Total Bedrooms: 9

Exterior Features

  • Roof: Tile
  • View: Ocean
  • Construction Type: Stucco
  • Acres: 0.69
  • Topography: Hilly, Level
  • Exclusions: Chandelier
  • Exterior Features: Pool, Patio Open, Yard Irrigation T/O, Fenced: PRT
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #3, Attached

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 #: 007-060-062
  • Zoning: Other
  • Lot Size Sq Ft: 30056.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2020
Sold by
Bilek Thomas E and Bilek Kelly Cox
Bought by
Bilek Thomas E and Bilek Kelly Cox
Current Estimated Value
$8,242,561

Purchase Details

Listed on
Oct 18, 2011
Closed on
Jan 10, 2012
Sold by
Algra Bruce and Algra Victoria L
Bought by
Bilek Thomas E and Bilek Kelly Cox
Seller's Agent
Randall Solakian
Coldwell Banker Realty
Buyer's Agent
Daniel Encell
Berkshire Hathaway HomeServices California Properties
List Price
$4,150,000
Sold Price
$3,850,000
Premium/Discount to List
-$300,000
-7.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.58%
Original Mortgage
$2,310,000
Outstanding Balance
$1,469,143
Interest Rate
2.82%
Mortgage Type
New Conventional
Estimated Equity
$6,773,418

Purchase Details

Closed on
Jan 8, 1997
Sold by
Frank Jamali
Bought by
Algra Bruce and Algra Victoria L
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
Bilek Thomas E -- None Available
Bilek Thomas E $3,850,000 Chicago Title Company
Algra Bruce -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bilek Thomas E $2,310,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2012 01/27/12 Sold $3,850,000 -7.2% $920 / Sq Ft
01/03/2012 01/03/12 Pending -- -- --
10/18/2011 10/18/11 For Sale $4,150,000 -- $992 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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 $58,221 $5,542,798 $2,618,230 $2,924,568
2023 $58,221 $5,327,566 $2,516,562 $2,811,004
2022 $53,497 $4,965,105 $2,467,218 $2,497,887
2021 $48,076 $4,515,791 $2,320,802 $2,194,989
2020 $47,607 $4,469,489 $2,297,006 $2,172,483
2019 $46,680 $4,381,853 $2,251,967 $2,129,886
2018 $45,793 $4,295,935 $2,207,811 $2,088,124
2017 $44,940 $4,211,702 $2,164,521 $2,047,181
2016 $43,124 $4,085,003 $2,122,080 $1,962,923
2014 $41,710 $3,944,827 $2,049,261 $1,895,566
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 11-3535

Santa Barbara Multiple Listing Service

APN: 007-060-062