NOT LISTED FOR SALE

995 Lilac Dr Santa Barbara, CA 93108

Estimated Value: $7,713,000 - $13,644,421

5 Beds
7.5 Baths
6,985 Sq Ft
$1,529/Sq Ft Est. Value

Last Sold May 10, 2022

Last sale price $12,950,888 $1,854 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $68,501/month

1 Day on Market

About This Home

As of May 2022

successfully celebrating all aspects of life through a carefully curated layout designed with the intention of spending time with friends and family, providing countless entertaining and dining venues, and capitalizing on the stunning natural setting and exceptional views which encompass the estate, all the while being perfectly tailored to Montecito's beloved indoor-outdoor lifestyle.

Inspired by elements of nature and the Italian countryside, the commanding residence boasts natural materials including French, Italian and Jerusalem split limestone, Terracotta, marble, and walnut. Additional details include intricate groin and barrel-vaulted ceilings, handmade light fixtures from Murano, Italy, and radiant heat throughout. The gourmet kitchen features Thermador appliances, marble countertops, spacious island with additional seating, walk-in pantry with built in shelves, and opens to a generous sitting room and nearby bar. Multiple dining venues allow for both informal and formal gatherings and flow seamlessly to both the home's interior living spaces and exterior amenities. The superior primary suite rivals that of the nearby San Ysidro Ranch with its sparkling ocean, island and mountain views, dual walk-in closets with abundant and thoughtful built-in cabinetry, and lavish en-suite bath inclusive of a large sauna, soaking tub, separate shower, dual vanities, and private balcony. One of the home's 4 guest bedrooms serves as an ideal guest suite as it has an optional private exterior entrance in addition to its convenient interior access and features a wet bar, en-suite bath, and large walk-in closet.

This magnificent Italian villa is located convenient to the best of Montecito including San Ysidro Ranch, the Rosewood Miramar, Montecito Club, the upper and lower villages, Miramar and Butterfly beaches, and renowned hiking trails. The property is also located in the highly sought-after Montecito Union School District.

Last Agent to Sell the Property

Cristal Clarke

Berkshire Hathaway HomeServices California Properties License #00968247 Listed on: 04/13/2022

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Robert Riskin

Village Properties License #01815307 / 01447045 / 01954177 / 01951069

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $139,271

Year Built

  • Built in 2005

Lot Details

  • 2 Acre Lot

Home Design

  • 6,985 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 007-080-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$139,271

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 2005
  • Reso Property Sub Type: Home/Estate
  • Property Information Year Built2: 2005
  • Property Information Apx # Acres: 2.0
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Acres: 2.0

Schools

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

Lot Info

  • Parcel #: 007-080-027
  • Zoning: R-1
  • Lot Size Sq Ft: 87120.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2002
Sold by
Johnston Kristen S
Bought by
Johnston Kristen S
Current Estimated Value
$10,678,711

Purchase Details

Closed on
Mar 28, 2000
Sold by
Johnston Harrison Richey
Bought by
Johnston Kristen S

Purchase Details

Closed on
Jan 24, 2000
Sold by
Berman Stephen L and Bollag Michael
Bought by
Johnston Kristen S

Purchase Details

Closed on
Mar 8, 1999
Sold by
Berman Lori
Bought by
Berman Stephen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,000
Interest Rate
6.73%

Purchase Details

Closed on
Apr 3, 1997
Sold by
Dimitriades Anthony and Dimitriades Christy
Bought by
Dimitriades Anthony and Dimitriades Christy Lee

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
7.56%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 9, 1997
Sold by
Dimitriades Anthony and Dimitriades Christy
Bought by
Dimitriades Anthony and Dimitriades Christy Lee

Purchase Details

Closed on
May 5, 1995
Sold by
Fearing Constance Mccormick
Bought by
Dimitriades Anthony and Dimitriades Christy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.92%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Johnston Kristen S $2,500,000 Chicago Title Co
Johnston Kristen S -- Equity Title Company
Johnston Kristen S -- Equity Title Company
Berman Stephen L -- Fidelity National Title Co
Bollag Michael -- Fidelity National Title Co
Berman Stephen L $970,000 Fidelity National Title Co
Dimitriades Anthony -- --
Dimitriades Anthony -- Stewart Title
Dimitriades Anthony -- --
Dimitriades Anthony -- Santa Barbara Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Re-Attached Llc $8,000,000
Closed Shefflin Joel S $1,600,000
Closed Shefflin Joanne M $400,000
Closed Shefflin Joel S $2,000,000
Closed Shefflin Joel S $5,225,000
Closed Shefflin Joel S $4,200,000
Previous Owner Berman Stephen L $670,000
Previous Owner Dimitriades Anthony $250,000
Previous Owner Dimitriades Anthony $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2022 05/10/22 Sold $12,950,888 +4.0% $1,854 / Sq Ft
04/13/2022 04/13/22 Pending -- -- --
04/12/2022 04/12/22 For Sale $12,450,000 -- $1,782 / 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 $139,271 $13,743,585 $5,306,040 $8,437,545
2023 $139,271 $12,303,000 $4,750,000 $7,553,000
2022 $82,696 $7,962,937 $3,545,904 $4,417,033
2021 $73,032 $7,040,000 $2,860,000 $4,180,000
2020 $66,473 $6,400,000 $2,600,000 $3,800,000
2019 $66,057 $6,400,000 $2,600,000 $3,800,000
2018 $64,794 $6,277,640 $2,520,060 $3,757,580
2017 $70,576 $6,820,000 $2,598,000 $4,222,000
2016 $66,543 $6,495,000 $2,474,000 $4,021,000
2015 $65,379 $6,368,000 $2,426,000 $3,942,000
2014 -- $6,064,000 $2,310,000 $3,754,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 22-1121

Santa Barbara Multiple Listing Service

APN: 007-080-027