NOT LISTED FOR SALE

905 Park Ln Santa Barbara, CA 93108

Estimated Value: $6,150,000 - $12,993,963

5 Beds
9 Baths
5,458 Sq Ft
$1,700/Sq Ft Est. Value

Sale Details

Date Sold: October 28, 2015

Last sale price $7,300,000 $1,337 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $57,544 / mo

26 Days on Market

Highlights

  • Ocean View
  • Guest House
  • Spa
  • Santa Barbara Senior High School Rated A-
  • Art Studio
  • 3.01 Acre Lot

About This Home

As of October 2015

Expansive views, clean lines & inspiring architecture come together to create a unique sense of serenity, privacy & convenience on Montecito's coveted Park Lane. Open & spacious main house offers 4 oversized bedroom suites, formal living & dining rms, gourmet kitchen, wine cellar & 3 car garage w/utility rm. Detached, fully equipped 1 BD guest house & additional gym/studio complete this compound!

Last Agent to Sell the Property

Nancy Kogevinas

Berkshire Hathaway HomeServices California Properties License #01209514 Listed on: 08/28/2015

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Nancy Kogevinas

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1992

Lot Details

  • 3.01 Acre Lot
  • Hilly Lot
  • Drought Tolerant Landscaping

Parking

  • Garage

Property Views

  • Ocean
  • Panoramic

Home Design

  • Contemporary Architecture
  • Stucco

Interior Spaces

  • 5,458 Sq Ft Home
  • 2-Story Property
  • Multiple Fireplaces
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Game Room
  • Art Studio
  • Home Gym
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Built-In Range
  • Dishwasher

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom

Outdoor Features

  • Spa
  • Patio
  • Built-In Barbecue

Schools

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

Additional Features

  • Guest House
  • Forced Air Heating System

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 007-020-051

Home Details

Home Type

Single Family

Year Built

Built in 1992

Lot Details

3.01 Acres

Listing Details

  • Directions: East Valley Rd. to Park Ln.
  • Prop. Type: Residential
  • Year Built: 1992
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • Architectural Style: Contemporary
  • Reso Flooring: Carpet, Stone
  • Garage Yn: Yes
  • Unit Levels: Two
  • Reso Other Structures: Other
  • Property Information Year Built2: 1992
  • Property Information Total #Units: 3
  • Property Information Apx # Acres: 3.01
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Panoramic2: Yes
  • LocationTopo Hilly2: Yes
  • Property Information Within City Limits: No
  • Exterior:Stucco: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Drought Tolerant LND2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Laundry Laundry Room2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Gas Range2: Yes
  • Fireplace(s) LR: Yes
  • Construction Two Story2: Yes
  • ParkingGarage Gar #33: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • Rooms Art Studio2: Yes
  • Rooms Exercise Room2: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Amenities Guest House2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • FlrWdw Coverings Stone2: Yes
  • Style:Contemporary2: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • ViewOcean: Yes
  • Rooms Game Room3: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Oven/Rnge/Blt-In, Dishwasher
  • Full Bathrooms: 6
  • Half Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Primary Bedroom, Family Room, 2+, LR

Exterior Features

  • View: Ocean, Panoramic
  • Construction Type: Stucco
  • Acres: 3.01
  • Topography: Hilly
  • Exterior Features: Pool, Patio Open, SPA-Outside, Drought Tolerant LND

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #3, Other

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 #: 007-020-051
  • Zoning: Other
  • Lot Size Sq Ft: 131115.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

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
Aug 28, 2015
Closed on
Oct 21, 2015
Sold by
Bought by
Seller's Agent
Nancy Kogevinas
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Nancy Kogevinas
Berkshire Hathaway HomeServices California Properties
List Price
$7,199,000
Sold Price
$7,300,000
Premium/Discount to List
$101,000
1.4%
Current Estimated Value
$9,280,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,980,321
Avg. Annual Appreciation
2.28%

Purchase Details

Closed on
Dec 12, 2013
Sold by
Bought by

Purchase Details

Closed on
Dec 15, 1995
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
$4,800,000
Interest Rate
7.37%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 5, 1995
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
$4,800,000
Interest Rate
7.37%
Mortgage Type
Seller Take Back
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

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
$7,300,000 Ticor Title
$7,635,128 Accommodation
-- First American Title
-- First American Title
$5,800,000 First American Title
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 $4,800,000
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
10/28/2015 10/28/15 Sold $7,300,000 +1.4% $1,337 / Sq Ft
09/23/2015 09/23/15 Pending -- -- --
08/28/2015 08/28/15 For Sale $7,199,000 -- $1,319 / Sq Ft
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
2025 $89,013 $8,641,718 $4,143,289 $4,498,429
2023 $89,013 $8,306,151 $3,982,401 $4,323,750
2022 $85,791 $8,143,286 $3,904,315 $4,238,971
2021 $83,995 $7,983,614 $3,827,760 $4,155,854
2020 $83,166 $7,901,753 $3,788,512 $4,113,241
2019 $81,569 $7,746,818 $3,714,228 $4,032,590
2018 $80,000 $7,594,920 $3,641,400 $3,953,520
2017 $78,569 $7,446,000 $3,570,000 $3,876,000
2016 $76,198 $7,300,000 $3,500,000 $3,800,000
2015 $84,971 $8,159,840 $3,569,930 $4,589,910
2014 $83,611 $8,000,000 $3,500,000 $4,500,000
Source: Public Records

Agents Affiliated with this Home

  • Nancy Kogevinas

    Seller's Agent in 2015

    Nancy Kogevinas

    Berkshire Hathaway HomeServices California Properties

    (805) 450-6233

    191 Total Sales

    Nancy Kogevinas
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 15-2931

Santa Barbara Multiple Listing Service

APN: 007-020-051

California Santa Barbara County Santa Barbara 93108

905 Park Ln, Santa Barbara, CA

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