Seller's Agent in 2023
Steve Epstein
Keller Williams Realty Santa Barbara
(805) 689-9339
4 in this area
136 Total Sales
161 La Vereda Rd Santa Barbara, CA 93108
Estimated Value: $8,838,000 - $9,593,596
4
Beds
5.5
Baths
4,795
Sq Ft
$1,936/Sq Ft
Est. Value
Highlights
- Property is near an ocean
- Fruit Trees
- Wood Flooring
- Santa Barbara Senior High School Rated A-
- Multiple Fireplaces
- Main Floor Bedroom
About This Home
As of September 2023Welcome to Montecito's Hedgerow! This luxurious estate offers everything one could ever desire, with a generous +/-4,795 square feet of living space nestled on a vast +/-.76-acre lot. Elegance, sophistication, and comfort merge effortlessly in this stunning residence. Meander through the mature hedgerows, convenient to both of Montecito's Villages, whereupon you will discover your private retreat. Once inside, you will be enchanted by the spacious and well-appointed interiors. With 4 bedrooms and 4.5 bathrooms, as well as an outdoor bath house and various other out buildings, there's ample room for your family and guests. The expansive in-law suite offers extra convenience for hosting extended family or accommodating visitors in style. Working from home has never been more enjoyable with a generously appointed office space. Entertaining is a breeze with a game room that features a bar where you can play mixologist for your guests. The bar adds a touch of sophistication to your gatherings and sets the stage for unforgettable evenings. Nestled in a verdant setting that is serviced by a private well, this expansive property invites you to revel in outdoor living. Embrace the tranquility of the Hedgerow neighborhood as you take in the beautiful surroundings. Located in the highly acclaimed Montecito Union School District and just minutes from both villages, beautiful beaches, resorts, the Montecito Country Club, luxury shopping, and fine dining.
Last Agent to Sell the Property
Keller Williams Realty Santa Barbara License #00994429 Listed on: 08/01/2023
Co-Listed By
The Epstein Partners
Keller Williams Realty Santa Barbara License #00994429
Last Buyer's Agent
Keller Williams Realty Santa Barbara License #00994429 Listed on: 08/01/2023
Home Details
Home Type
- Single Family
Year Built
- Built in 1983
Lot Details
- 0.76 Acre Lot
- Back Yard Fenced
- Level Lot
- Fruit Trees
Home Design
- Slab Foundation
- Composition Roof
Interior Spaces
- 4,795 Sq Ft Home
- 2-Story Property
- Multiple Fireplaces
- Formal Dining Room
- Home Office
- Game Room
- Laundry Room
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
Parking
- Garage
- 10 Open Parking Spaces
Outdoor Features
- Property is near an ocean
- Covered Patio or Porch
Location
- Property is near shops
Schools
- Mont Union Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Utilities
- Forced Air Heating System
- Well
Community Details
- 10 Hedgerow Subdivision
- Restaurant
Listing and Financial Details
- Assessor Parcel Number 009-201-004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 10, 2024
Sold by
Washington Trust and Rothenberg Paul
Bought by
Mills Family 2000 Living Trust and Mills
Current Estimated Value
Purchase Details
Listed on
Aug 1, 2023
Closed on
Aug 17, 2023
Sold by
Reisig Family Living Trust
Bought by
Washington Trust and Rothenberg
Seller's Agent
Steve Epstein
Keller Williams Realty Santa Barbara
Buyer's Agent
Steve Epstein
Keller Williams Realty Santa Barbara
List Price
$6,850,000
Sold Price
$7,000,000
Premium/Discount to List
$150,000
2.19%
Views
219
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.43%
Original Mortgage
$4,900,000
Interest Rate
5.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 16, 1995
Sold by
Reisig Gordon L and Reisig Darlene R
Bought by
Reisig Gordon L and Reisig Darlene R
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mills Family 2000 Living Trust | $9,750,000 | Chicago Title | |
| Washington Trust | $7,000,000 | Fidelity National Title Compan | |
| Reisig Gordon L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Washington Trust | $4,900,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/13/2023 09/13/23 | Sold | $7,000,000 | +2.2% | $1,460 / Sq Ft |
| 08/09/2023 08/09/23 | Pending | -- | -- | -- |
| 08/01/2023 08/01/23 | For Sale | $6,850,000 | -- | $1,429 / Sq Ft |
Source: Santa Barbara Multiple Listing Service
Tax History Compared to Growth
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 | $73,818 | $9,750,000 | $3,200,000 | $6,550,000 |
| 2023 | $73,818 | $1,244,550 | $425,070 | $819,480 |
| 2022 | $14,238 | $1,220,148 | $416,736 | $803,412 |
| 2021 | $13,966 | $1,196,224 | $408,565 | $787,659 |
| 2020 | $13,849 | $1,183,959 | $404,376 | $779,583 |
| 2019 | $13,454 | $1,160,746 | $396,448 | $764,298 |
| 2018 | $13,218 | $1,137,987 | $388,675 | $749,312 |
| 2017 | $12,917 | $1,115,674 | $381,054 | $734,620 |
| 2016 | $12,515 | $1,093,799 | $373,583 | $720,216 |
| 2014 | $11,989 | $1,056,266 | $360,764 | $695,502 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Epstein
-
T
Seller Co-Listing Agent in 2023
The Epstein Partners
Keller Williams Realty Santa Barbara
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 23-2272
APN: 009-201-004
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