NOT LISTED FOR SALE

903 Chelham Way Santa Barbara, CA 93108

Estimated Value: $3,086,000 - $3,945,000

3 Beds
3 Baths
1,932 Sq Ft
$1,770/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $2,995,000 $1,550 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $20,894/month

12 Days on Market

Highlights

  • Spa
  • Sauna
  • Property is near a park
  • Cold Spring Elementary School Rated A
  • View of Trees or Woods
  • Wood Flooring

About This Home

As of May 2022

In one of the rare Montecito locations where neighbors still gather for block parties, kids ride their bikes and walk to #1 ranked Cold Spring School district, and where community dog play is a nightly event, sits this lovely home perched on a beautiful wooded knoll. Enter the main living space where the vaulted ceiling and large glass windows/doors frame the lush, green outdoors and give you a true sense of communing with nature. The indoor-outdoor flow allows for a peaceful scenic oasis for private patio dining under the stars and self-healing in the outdoor sauna and spa. This well-cared-for home includes 3 bedrooms and 3 baths, plus a wonderfully charming ADU complete with a cozy fireplace and w/d creating a layout that nicely suits many different living situations. Backyard chicken coop gives you the opportunity for fresh morning eggs with your coffee. Relax. You're home.
Cold Spring School ranked #1 of 706 public elementary school districts in California 2021.

Last Agent to Sell the Property

Patrice Serrani

Compass License #01764713 Listed on: 03/30/2022

Compass

Last Buyer's Agent

Robert Kemp

Do Not Use

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,065

Year Built

  • Built in 1960

Lot Details

  • 0.29 Acre Lot
  • Fenced
  • Property is in excellent condition

Home Design

  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Dining Area
  • Sauna
  • Views of Woods

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Linoleum
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 6 Open Parking Spaces
  • 1 Carport Space

Outdoor Features

  • Spa
  • Patio
  • Shed

Additional Homes

  • Accessory Dwelling Unit (ADU)

Location

  • Property is near a park
  • Property is near schools
  • Property is near shops

Schools

  • Cold Spring Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Forced Air Heating System
  • Tankless Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 013-112-017

Community Details

Overview

  • No Home Owners Association

Amenities

  • Restaurant
  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,065

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Directions: Take Sycamore Canyon Rd. Turn right onto Chelham Way. Turn left to stay on Chelham Way. Destination will be on the right Please park on the street or in the 4 spots at the bottom of the driveway.
  • Prop. Type: Residential
  • Year Built: 1960
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Common Area
  • Road Frontage Type: Easement
  • Architectural Style: Other
  • Carport Y N: Yes
  • Reso Flooring: Wood, Tile, Vinyl
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: ADU (Accessory Dwelling Unit), Shed(s)
  • Reso Property Condition: Excellent, Good
  • Property Information Year Built2: 1960
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.29
  • NeighborhoodSchools Elementary School: Cold Spring
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Property Information ADU: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • View Setting2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Dining Dining Area2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Washer3: Yes
  • FlrWdw Coverings Tile3: Yes
  • Construction Two Story2: Yes
  • GroundsLandscaping Sauna3: Yes
  • Other Buildings ADU (Accessory Dwelling Unit): Yes
  • View Wooded3: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Property Information Apx Lot SqFt: 12632.0
  • Condition Good2: Yes
  • GroundsLandscaping Hot Tub2: Yes
  • Other Buildings Shed: Yes
  • ParkingGarage Total # Uncovered Spaces: 6.0
  • Appliances Included Wtr SoftenerOwned: Yes
  • FlrWdw Coverings Wood2: Yes
  • Laundry Common Area2: Yes
  • ParkingGarage Cpt #22: Yes
  • ParkingGarage Total # Carport Spaces: 1.0
  • FlrWdw Coverings VinylLinoleum2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Tankless Water Heater, Dishwasher, Disposal, Dryer, Washer, Wtr Softener/Owned
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Other
  • Appliances Included:Tankless Water Heater: Yes

Exterior Features

  • Roof: Composition
  • View: Setting, Wooded
  • Construction Type: Stucco
  • Acres: 0.29
  • Exterior Features: Patio Open, Hot Tub, Sauna, Fenced: ALL
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Parking Features: Cpt #2

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Cold Spring
  • High School: S.B. Sr.
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 013-112-017
  • Zoning: R-1
  • Lot Size Sq Ft: 12632.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2011
Sold by
Mora Assad F and Mora Kathy Patmore
Bought by
Mora Assad F and Mora Kathy Patmore
Current Estimated Value
$3,418,727

Purchase Details

Closed on
Sep 29, 2005
Sold by
Mora Assad F and Mora Kathy P
Bought by
Mora Assad F and Mora Kathy P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$867,500
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 2, 2003
Sold by
Mora Assad F and Mora Kathy P
Bought by
Mora Assad F and Mora Kathy P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5.05%

Purchase Details

Closed on
Nov 28, 2000
Sold by
Jobes Forrest C and Jobes Karen H
Bought by
Mora Assad F and Mora Kathy P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,200
Interest Rate
7.86%

Purchase Details

Closed on
Aug 13, 1997
Sold by
Tappy Ron E and Tappy Connie G
Bought by
Jobes Forrest C and Jobes Karen H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.12%

Purchase Details

Closed on
Jun 16, 1994
Sold by
Jaecks Daniel W and Jaecks Sarah J
Bought by
Tappy Ron E and Tappy Connie G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
4.87%
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
Mora Assad F -- None Available
Mora Assad F -- Chicago Title Company
Mora Assad F -- Lawyers Title Company
Mora Assad F -- Chicago Title Co
Jobes Forrest C -- First American Title
Tappy Ron E $370,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mora Assad F $789,000
Closed Mora Assad F $161,000
Closed Mora Assad F $867,500
Previous Owner Mora Assad F $700,000
Previous Owner Mora Assad F $599,200
Previous Owner Jobes Forrest C $340,000
Previous Owner Jobes Forrest C $15,000
Previous Owner Jobes Forrest C $250,000
Previous Owner Tappy Ron E $296,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $2,995,000 0.0% $1,550 / Sq Ft
05/31/2022 05/31/22 Off Market $2,995,000 -- --
04/11/2022 04/11/22 Pending -- -- --
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 $34,065 $3,178,317 $2,122,416 $1,055,901
2023 $34,065 $2,845,000 $1,900,000 $945,000
2022 $12,819 $1,072,378 $709,961 $362,417
2021 $12,504 $1,051,352 $696,041 $355,311
2020 $12,386 $1,040,572 $688,904 $351,668
2019 $12,144 $1,015,582 $675,397 $340,185
2018 $11,772 $979,983 $662,154 $317,829
2017 $11,498 $960,769 $649,171 $311,598
2016 $11,142 $941,932 $636,443 $305,489
2014 $10,676 $909,612 $614,605 $295,007
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 22-960

Santa Barbara Multiple Listing Service

APN: 013-112-017