S
Seller's Agent in 2023
Suding Murphy
Compass
256 Butterfly Ln Santa Barbara, CA 93108
Estimated Value: $3,453,000 - $4,316,000
3
Beds
2
Baths
1,635
Sq Ft
$2,348/Sq Ft
Est. Value
Highlights
- Property is near an ocean
- Fruit Trees
- Property is near public transit
- Santa Barbara Senior High School Rated A-
- Mountain View
- Cathedral Ceiling
About This Home
As of August 2023A Secret Garden in the Lower Village! Become enchanted with 256 Butterfly Lane, a charming single-story ''Carmel Cottage'' tucked away in the heart of Montecito's Lower Village. Set back comfortably from Butterfly Ln on a spacious .29 acre lot, this three-bedroom, two bathroom home with a beautiful great room, vaulted ceilings, fireplace and spectacular mountain views presents an incredible opportunity for updating or expanding. Landscaping includes historic gardens as former part of adjacent estate. Located in Montecito Union School District, this property is just a short distance from Coast Village Rd, Butterfly Beach (hiway 101 pedestrian underpass), the Biltmore and the Rosewood Miramar Resort. This is the first time this home has been available in decades!
Last Listed By
Suding Murphy
Compass License #00678264 / 01233441 / 02017526 Listed on: 04/25/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $34,582
Year Built
- Built in 1960
Lot Details
- 0.29 Acre Lot
- Partially Fenced Property
- Level Lot
- Fruit Trees
- Property is in good condition
- Property is zoned E-1
Parking
- Garage
Home Design
- Cottage
- Slab Foundation
- Composition Roof
- Wood Siding
Interior Spaces
- 1,635 Sq Ft Home
- 1-Story Property
- Cathedral Ceiling
- Living Room with Fireplace
- Dining Area
- Mountain Views
- Home Security System
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Location
- Property is near public transit
- Property is near shops
- Property is near a bus stop
Schools
- Mont Union Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Additional Features
- Property is near an ocean
- Forced Air Heating System
Community Details
- Restaurant
Listing and Financial Details
- Assessor Parcel Number 009-121-005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 25, 2023
Closed on
Aug 15, 2023
Sold by
Edward O Huntington Trust
Bought by
Butterfly Holdings Three Llc
Seller's Agent
Suding Murphy
Compass
Buyer's Agent
Cristal Clarke
Berkshire Hathaway HomeServices California Properties
List Price
$4,150,000
Sold Price
$3,200,000
Premium/Discount to List
-$950,000
-22.89%
Total Days on Market
105
Views
386
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$639,097
Avg. Annual Appreciation
11.80%
Purchase Details
Closed on
Jan 16, 2004
Sold by
Huntington Edward O
Bought by
Huntington Edward O
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Butterfly Holdings Three Llc | $3,200,000 | Chicago Title Company |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/31/2023 08/31/23 | Sold | $3,200,000 | -13.4% | $1,957 / Sq Ft |
| 08/08/2023 08/08/23 | Pending | -- | -- | -- |
| 07/14/2023 07/14/23 | Price Changed | $3,695,000 | -7.5% | $2,260 / Sq Ft |
| 05/18/2023 05/18/23 | Price Changed | $3,995,000 | -3.7% | $2,443 / Sq Ft |
| 04/25/2023 04/25/23 | For Sale | $4,150,000 | -- | $2,538 / 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 |
|---|---|---|---|---|
| 2023 | $34,582 | $536,879 | $263,559 | $273,320 |
| 2022 | $7,048 | $526,353 | $258,392 | $267,961 |
| 2021 | $6,929 | $516,033 | $253,326 | $262,707 |
| 2020 | $6,875 | $510,743 | $250,729 | $260,014 |
| 2019 | $6,714 | $500,729 | $245,813 | $254,916 |
| 2018 | $6,612 | $490,912 | $240,994 | $249,918 |
| 2017 | $6,425 | $481,287 | $236,269 | $245,018 |
| 2016 | $6,220 | $471,851 | $231,637 | $240,214 |
| 2014 | $5,878 | $455,661 | $223,689 | $231,972 |
Source: Public Records
Agents Affiliated with this Home
-
-
Cristal Clarke
Buyer's Agent in 2023
Cristal Clarke
Berkshire Hathaway HomeServices California Properties
(805) 886-9378
120 in this area
226 Total Sales
Map
Similar Homes in Santa Barbara, CA
Source: Santa Barbara Multiple Listing Service
MLS Number: 23-1097
APN: 009-121-005
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