$2,600,000
SOLD DEC 30, 2014

880 Buena Vista Ave Montecito, CA 93108

3 Beds
5.5 Baths
3,880 Sq Ft
1 Acres

Recently Sold

$670 Per Sq Ft

35% Below List Price

215 Days on Market

Highlights

  • Guest House
  • Art Studio
  • Peek-A-Boo Views
  • Santa Barbara Senior High School Rated A-
  • Updated Kitchen
  • Fruit Trees

About This Home

As of December 2014

In Montecito's most coveted location this sophisticated and unique home offers seclusion and tranquility. Soaring ceilings and huge windows provide sunlit rooms. A storybook guest house is surrounded by cascading gardens and wonderful views. Other features include a chef's kitchen, three fireplaces, two master bath areas, separate studio and several outdoor patios for entertaining. Truly designed for indoor/outdoor living.

Last Agent to Sell the Property

Kathleen St. James

Sotheby's International Realty License #01408798 Listed on: 05/14/2014

Last Buyer's Agent

Kathleen St. James

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,718

Year Built

  • Built in 1976

Lot Details

  • 1 Acre Lot
  • Gated Home
  • Partially Fenced Property
  • Irrigation
  • Fruit Trees
  • Lawn
  • Property is in excellent condition

Parking

  • Garage

Property Views

  • Peek-A-Boo
  • Mountain

Home Design

  • Mediterranean Architecture
  • Split Level Home
  • Brick Exterior Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,880 Sq Ft Home
  • Central Vacuum
  • Cathedral Ceiling
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Formal Dining Room
  • Library
  • Art Studio

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Built-In Double Oven
  • Built-In Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Parquet
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • 220 Volts In Laundry

Home Security

  • Home Security System
  • Fire and Smoke Detector

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Shared Well
  • Sewer Stub Out
  • Cable TV Available

Additional Features

  • Patio
  • Guest House

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Other, Chandelier
  • Assessor Parcel Number 007-060-034

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,718

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Directions: From 101 North San Ysidro - East on East Valley left on Buena Vista.
  • Prop. Type: Residential
  • Year Built: 1976
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: 220V Elect, Laundry Room
  • ResoSecurityFeatures: Gate:Elec, Security System, Smoke Detector(s)
  • Architectural Style: Medit
  • Reso Flooring: Wood, Carpet, Hardwood, Parquet
  • Garage Yn: Yes
  • Unit Levels: Split Level
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1976
  • Property Information Total #Units: 2
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • Site Improvements Underground Util: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • Security Smoke Detector(s)2: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Cooling Central Air: Yes
  • Exterior BrickStone: Yes
  • ParkingGarage Gar #33: Yes
  • Rooms Art Studio2: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Amenities Guest House2: Yes
  • Amenities Guest Quarters2: Yes
  • Fireplace(s) Gas8: Yes
  • Construction Split Level: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • FlrWdw Coverings Carpet: Yes
  • Roof:Tile2: Yes
  • WaterSewer Shared Well: Yes
  • Laundry:_two_20V Elect2: Yes
  • Site Improvements Cable TV3: Yes
  • Appliances Included OvenBltin: Yes
  • FlrWdw Coverings Wood2: Yes
  • Pets Yes: Yes
  • Style Medit2: Yes
  • Rooms LbryStudy: Yes
  • View PartialFiltered2: Yes
  • Appliances Included Central Vac2: Yes
  • FlrWdw Coverings Parquet2: Yes
  • Appliances Included OvenRngeBlt-In2: Yes
  • Assessor's Data Assessor Year Built: 1976.0
  • Assessor's Data Assessor Lot Acres: 1.0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Oven/Rnge/Blt-In, Oven/Bltin, Central Vac, Dishwasher, Disposal, Double Oven, Dryer, Gas Stove, Microwave, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Other, Gas, LR
  • Appliances Included:Double Oven2: Yes

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Setting, Partial/Filtered
  • Construction Type: Brick/Stone, Stucco
  • Exclusions: Other, Chandelier
  • Exterior Features: Patio Open, Lawn, Fruit Trees, Yard Irrigation T/O, Fenced: PRT
  • Foundation Details: Mixed

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Utilities: Underground Util
  • Water Source: Shared Well, Mont Wtr
  • Heating:Forced Air: Yes

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

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

Lot Info

  • Parcel #: 007-060-034
  • Zoning: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2015
Closed on
Mar 6, 2015
Sold by
Logue Charles G and Logue Candy S
Bought by
Layden Marjorie
Seller's Agent
Kathleen St. James
Sotheby's International Realty
Current Estimated Value
$7,772,406

Purchase Details

Listed on
May 14, 2014
Closed on
Dec 26, 2014
Sold by
Broudy Sherrill
Bought by
Logue Charles G and Logue Candy S
Seller's Agent
Kathleen St. James
Sotheby's International Realty
Buyer's Agent
Kathleen St. James
Berkshire Hathaway HomeServices California Properties
List Price
$3,995,000
Sold Price
$2,600,000
Premium/Discount to List
-$1,395,000
-34.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.83%

Purchase Details

Closed on
Aug 29, 2006
Sold by
Anticouni Bruce N and Anticouni Judith Ann
Bought by
Broudy Sherrill and Sherrill Broudy Revocable Trust

Purchase Details

Closed on
Jan 25, 2005
Sold by
Montecito Bank & Trust
Bought by
Anticouni Bruce N and Anticouni Judith Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2004
Sold by
Thompson Colene
Bought by
Power Nancy Thompson and The Thompson Family Revocable Living Tr

Purchase Details

Closed on
Dec 31, 2001
Sold by
Power Robert and Power Nancy
Bought by
Power Robert and Power Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.75%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 11, 2001
Sold by
Power Bob and Power Nancy
Bought by
Power Robert and Power Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.75%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 17, 2000
Sold by
Power Bob and Power Nancy
Bought by
Robert Power Living Trust

Purchase Details

Closed on
Mar 12, 1998
Sold by
Hayward Jean Eastwood
Bought by
Power Bob and Power Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,500
Interest Rate
7.02%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $3,100,000 First American Title Company
Grant Deed $2,600,000 First American Title Company
Grant Deed -- Lawyers Title Company
Grant Deed $3,714,000 Stewart Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Stewart Title
Interfamily Deed Transfer -- Stewart Title
Interfamily Deed Transfer -- --
Grant Deed -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed -- No Value Available
Previous Owner $2,500,000 Purchase Money Mortgage
Previous Owner $1,000,000 Credit Line Revolving
Previous Owner $1,150,000 No Value Available
Previous Owner $862,500 No Value Available
Closed $300,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2015 03/29/15 Rented -- -- --
02/27/2015 02/27/15 Under Contract -- -- --
02/16/2015 02/16/15 For Rent $12,000 0.0% --
12/30/2014 12/30/14 Sold $2,600,000 0.0% $650 / Sq Ft
12/30/2014 12/30/14 Sold $2,600,000 0.0% $670 / Sq Ft
12/30/2014 12/30/14 Sold $2,600,000 -34.9% $670 / Sq Ft
12/15/2014 12/15/14 Pending -- -- --
12/15/2014 12/15/14 Pending -- -- --
12/15/2014 12/15/14 Pending -- -- --
05/14/2014 05/14/14 For Sale $3,995,000 0.0% $1,030 / Sq Ft
05/14/2014 05/14/14 For Sale $3,995,000 -6.0% $1,030 / Sq Ft
04/04/2014 04/04/14 For Sale $4,250,000 -- $1,063 / 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 $42,718 $4,062,044 $1,972,992 $2,089,052
2023 $42,718 $3,904,312 $1,896,379 $2,007,933
2022 $41,265 $3,827,758 $1,859,196 $1,968,562
2021 $40,419 $3,752,705 $1,822,742 $1,929,963
2020 $40,029 $3,714,227 $1,804,053 $1,910,174
2019 $39,115 $3,641,400 $1,768,680 $1,872,720
2018 $38,378 $3,570,000 $1,734,000 $1,836,000
2017 $34,654 $3,210,220 $2,174,665 $1,035,555
2016 $33,601 $3,147,275 $2,132,025 $1,015,250
2014 $13,575 $1,210,341 $286,803 $923,538
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 14-1525

Santa Barbara Multiple Listing Service

APN: 007-060-034