Seller's Agent in 2025
Patrice Serrani
Compass
(805) 637-5112
18 in this area
53 Total Sales
588 Paso Robles Dr Santa Barbara, CA 93108
Estimated Value: $3,286,000 - $3,427,000
4
Beds
3.5
Baths
2,404
Sq Ft
$1,390/Sq Ft
Est. Value
Highlights
- Guest House
- Wood Flooring
- No HOA
- Cold Spring Elementary School Rated A
- Lawn
- Cottage
About This Home
As of January 2025Step into this charming, single-level 3bd/2.5ba Montecito home, complete with a charming 2bd/1ba 615 square-foot guest cottage. Located in a highly desirable neighborhood where neighbors greet each other in passing, children play and bike freely, and families stroll to the top-rated Cold Spring School, this inviting residence features a well-designed floor plan that effortlessly blends indoor and outdoor living. Set on a spacious .32-acre corner lot, the property offers privacy and tranquility with its white stucco wall, gated entry, and lush landscaping. Spend your evenings around the fire pit in the delightful Spanish Colonial-style courtyard, where flocks of Amazon parrots sometimes glide overhead at dusk. Here's your opportunity to embrace a unique sense of community, just moments away from Butterfly Beach, Coast Village Road, Montecito's Upper Village, and the many treasures of Santa Barbara.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $28,471
Year Built
- Built in 1946
Lot Details
- 0.32 Acre Lot
- Back Yard Fenced
- Level Lot
- Lawn
- Property is in good condition
Parking
- Detached Garage
Home Design
- Cottage
- Raised Foundation
- Tile Roof
- Stucco
Interior Spaces
- 2,404 Sq Ft Home
- 1-Story Property
- Gas Fireplace
- Family Room with Fireplace
- Dining Area
- Home Office
- Property Views
Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Built-In Gas Oven
- Built-In Gas Range
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Fireplace in Patio
- Shed
Additional Homes
- Guest House
Location
- Property is near schools
- Property is near shops
Schools
- Cold Spring Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Utilities
- Forced Air Heating System
- Water Softener is Owned
- Sewer Stub Out
Community Details
- No Home Owners Association
- Restaurant
Listing and Financial Details
- Assessor Parcel Number 013-141-014
- Seller Concessions Offered
- Seller Will Consider Concessions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 30, 2024
Closed on
Dec 18, 2024
Sold by
Dougherty Stephen J and Dougherty Suzanne C
Bought by
Meronk Family Trust and Meronk
Seller's Agent
Patrice Serrani
Compass
Buyer's Agent
David Kim
Village Properties
List Price
$3,785,000
Sold Price
$3,350,000
Premium/Discount to List
-$435,000
-11.49%
Total Days on Market
58
Views
174
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
-$7,815
Avg. Annual Appreciation
-0.78%
Original Mortgage
$2,177,500
Outstanding Balance
$2,175,845
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$1,166,340
Purchase Details
Closed on
Jun 13, 2005
Sold by
Estes Nancy Patricia
Bought by
Dougherty Stephen J and Dougherty Suzanne C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
1%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Jun 1, 1995
Sold by
Beneficial California Inc
Bought by
Estes Nancy Patricia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,500
Interest Rate
8.36%
Purchase Details
Closed on
Dec 1, 1994
Sold by
Beneficial California Inc and Mccune Jeffrey D
Bought by
Beneficial California Inc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Meronk Family Trust | $3,350,000 | Chicago Title | |
| Meronk Family Trust | $3,350,000 | Chicago Title | |
| Dougherty Stephen J | -- | Lawyers Title Company | |
| Estes Nancy Patricia | $552,500 | Stewart Title | |
| Beneficial California Inc | $281,670 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Meronk Family Trust | $2,177,500 | |
| Closed | Meronk Family Trust | $2,177,500 | |
| Previous Owner | Dougherty Stephen J | $1,500,000 | |
| Previous Owner | Dougherty Stephen J | $340,000 | |
| Previous Owner | Dougherty Stephen J | $1,400,000 | |
| Previous Owner | Estes Nancy Patricia | $125,000 | |
| Previous Owner | Estes Nancy Patricia | $625,000 | |
| Previous Owner | Estes Nancy Patricia | $627,000 | |
| Previous Owner | Estes Nany Patricia | $100,000 | |
| Previous Owner | Estes Nancy Patricia | $440,000 | |
| Previous Owner | Estes Nancy Patricia | $341,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/03/2025 01/03/25 | Sold | $3,350,000 | 0.0% | $1,394 / Sq Ft |
| 01/03/2025 01/03/25 | Sold | $3,350,000 | -11.5% | $1,394 / Sq Ft |
| 12/03/2024 12/03/24 | Price Changed | $3,785,000 | 0.0% | $1,574 / Sq Ft |
| 11/27/2024 11/27/24 | Pending | -- | -- | -- |
| 11/27/2024 11/27/24 | Pending | -- | -- | -- |
| 09/30/2024 09/30/24 | For Sale | $3,785,000 | -8.2% | $1,574 / Sq Ft |
| 08/20/2024 08/20/24 | Price Changed | $4,125,000 | -2.9% | $1,716 / Sq Ft |
| 06/11/2024 06/11/24 | For Sale | $4,250,000 | -- | $1,768 / 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 | $28,471 | $2,462,836 | $1,609,056 | $853,780 |
| 2022 | $27,549 | $2,414,546 | $1,577,506 | $837,040 |
| 2021 | $24,607 | $2,137,000 | $1,155,000 | $982,000 |
| 2020 | $22,435 | $1,943,000 | $1,050,000 | $893,000 |
| 2019 | $26,209 | $2,296,992 | $1,500,703 | $796,289 |
| 2018 | $25,738 | $2,251,954 | $1,471,278 | $780,676 |
| 2017 | $25,193 | $2,207,799 | $1,442,430 | $765,369 |
| 2016 | $24,400 | $2,164,510 | $1,414,148 | $750,362 |
| 2015 | $23,858 | $2,131,998 | $1,392,907 | $739,091 |
| 2014 | -- | $2,090,236 | $1,365,622 | $724,614 |
Source: Public Records
Agents Affiliated with this Home
-
Patrice Serrani
-
David Kim
Buyer's Agent in 2025
David Kim
Village Properties
(805) 969-8900
4 in this area
98 Total Sales
Map
Similar Homes in the area
Source: Santa Barbara Multiple Listing Service
MLS Number: 24-3238
APN: 013-141-014
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