See Home Value
Montecito 93108
1469 La Vereda Ln
$3,370,731*
House - Off Market

1469 La Vereda Ln

MONTECITO, CA 93108
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
3161 Sqft
$2,696,000 - $3,294,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold Nov 03, 2020
$2,800,000
$1,960,000 by Bank Of America Na
Mortgage Due Dec 01, 2050
Sold Sep 02, 2016
$2,420,000
$1,815,000 by New American Funding
Mortgage Due Sep 01, 2046

About This Property

What started as a historic Montecito home with an iconic love story is now a romantic hideaway with a modern twist. This single level, 5bd hacienda centers life around a beautiful courtyard and effortlessly blends indoor spaces with the great outdoors. Soft white walls and dreamy lofted ceilings pair beautifully with original details and tile to create a serene sense of intimacy throughout the home. A new kitchen with modern creature comforts blends seamlessly with historic details, niches, and nooks. Two autonomous bedrooms suites have exterior entrances and are perfect for guests, visitors, or caregivers. Located in the beloved Hedgerow neighborhood and near Miramar Beach, MUS, and the Upper and Lower Villages, this is an epic getaway for the ages in the heart of it all.

The manager has listed the unit size as 3161 square feet.
Unit Size
3,161Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$947
Property Type
House
Property Taxes
-
HOA Dues
$0
Year Built
1948

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Nov 3, 2020 Sold to Maria N Barrell, Tyler C Ba... $2,800,000
Sold to Maria N Barrell, Tyler C Ba...
Sep 25, 2020 In contract -
In contract
Aug 21, 2020 Price Decreased $2,995,000
↓ $205K (6.4%)
Price Decreased
Jul 17, 2020 Listed $3,200,000
Listed
Show More

Property Highlights

With View

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 16,117
  • Total Building Area: 3,467
  • Building Area: 3,467
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,467
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OUTSIDE PUEBLO LANDS
  • Land Acres: 0.37
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SPAULDING TR

Ownership

  • Current Owner : BARRELL TYLER C
  • Current Owner 2: BARRELL MARIA N
  • Previous Owner : HOFMAN MARA
  • Previous Owner 2: BRIGHT AND BEAUTIFUL TRUST
  • Owner Before Previous Owner: MIKHAILAS MARIA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

  • School District Name: Montecito Union Elementary School District
  • Census Tract: 001404

Zoning

  • Zoning: 20R1

Geography

  • Assessors Map Reference: 20-F2
  • Parcel: 009-261-004
  • Municipality: MONTECITO COUNTY
  • Latitude: 34.4234
  • Longitude: -119.632

    Address

  • Full Address: 1469 La Vereda Ln
  • Address - House Number: 1469
  • Address - Street Name: La Vereda
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Santa Barbara
  • Carrier Code: C042
  • 4-Digit Zip Code: 2505
  • Zip Code: 93108

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $31,131
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 78-012

    Appraisal Valuation

  • Standard Deviation: 0.1933
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 5,346,675
  • High Value: 6,380,300
  • Low Value: 4,313,051

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,960,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Nov 03, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,960,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,988,120
  • Assessed Land Value: $1,768,680
  • Assessed Improvements Value: $1,219,440

    Sales

  • Current Sale Contract Date: Oct 27, 2020
  • Current Sale Recording Date: Nov 03, 2020
  • Current Sale Transaction ID: 11796191684
  • Current Sale Price: $2,800,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020-0062557
  • Previous Sale Recording Date: Sep 02, 2016
  • Previous Sale Contract Date: Jun 23, 2016
  • Previous Sale Amount: $2,420,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Nov 03, 2020
  • First Mortgage Loan Amount: $1,960,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: NEW AMERICAN FUNDING
  • Previous Mortgage Transaction Date: Sep 02, 2016
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,815,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Sep 01, 2046



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
3 Beds
2.5 Baths
2,123 ft²
$1,505/ft²
$3,195,000 Jul 29, 2023
-
$873/mo

About Montecito


Similar Homes for Sale

Unit for sale at 71 Olive Mill Road, MONTECITO, CA 93108

$3,195,000

  • 3 Beds
  • 2.5 Baths
  • 2,123 ft²
71 Olive Mill Road, MONTECITO, CA 93108 Listing by Jon Ryan Schlobohm

Nearby Rentals

Unit for rent at

$9,500 /mo

  • 4 Beds
  • 2,645 ft²
Listing by Ed Fuller
Unit for rent at

$8,850 /mo

  • 2 Beds
  • 2 Baths
  • 1,731 ft²
Listing by Manager


Frequently Asked Questions

When was property at 1469 La Vereda Lane built and last sold?
The property at 1469 La Vereda Lane was built in 1948 and last sold on Oct 27, 2020 for $2,800,000.
How much is this home worth?
The estimated value of the home located at 1469 La Vereda Lane is $3,012,609.
What are some comparable homes to 1469 La Vereda Lane?
There are currently no comparable homes to 1469 La Vereda Lane.

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