NOT LISTED FOR SALE

631 Para Grande Ln Santa Barbara, CA 93108

Estimated Value: $6,394,000 - $24,294,219

4 Beds
9 Baths
9,816 Sq Ft
$1,574/Sq Ft Est. Value

Sale Details

Date Sold: November 2, 2015

Last sale price $12,261,500 $1,249 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $93,417 / mo

208 Days on Market

Highlights

  • Ocean View
  • Auto Driveway Gate
  • Fireplace in Primary Bedroom
  • Cold Spring Elementary School Rated A+
  • 452,588 Sq Ft lot
  • Marble Flooring

About This Home

As of November 2015

Privately set on 10.39 acres, one of Montecito's most celebrated estates, El Fureidis, 'Tropical Paradise,' was designed by noted architect Bertram Goodhue in 1906. The timeless and magnificent estate has been beautifully restored and offers ocean and mountain views, wonderful entertaining areas, and a storied provenance. Active well permit available.

Last Agent to Sell the Property

Robert Riskin

Village Properties License #01954177 Listed on: 04/07/2015

Last Buyer's Agent

Robert Riskin

Village Properties License #01954177 Listed on: 04/07/2015

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1906

Lot Details

  • 10.39 Acre Lot
  • Property is zoned 5-E-1

Property Views

  • Ocean
  • Trees
  • Mountain
  • Hills
  • Courtyard

Home Design

  • Villa

Interior Spaces

  • 9,816 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Gas Fireplace
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Home Office
  • Library with Fireplace
  • Utility Room
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Private Parking
  • Driveway
  • Auto Driveway Gate
  • Guest Parking

Outdoor Features

  • Open Patio

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 011-120-087

Home Details

Home Type

Single Family

Year Built

Built in 1906

Lot Details

10.39 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Villa
  • Street Number Display: Yes
  • Living Area: 9816
  • Stories: 2
  • Year Built: 1906
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Dining, Gas, Gas and Wood, Library, Living Room, Master Bedroom
  • Flooring: Hardwood, Marble, Stone Tile
  • Bedrooms: 4
  • Full Bathroom: 4
  • Half Bathroom: 5
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Total Bathrooms: 9.00
  • Equipment: Alarm System, Built-Ins, Cable, Dishwasher, Dryer, Freezer, Garbage Disposal, Gas Or Electric Dryer Hookup, Ice Maker, Range/Oven, Refrigerator, Washer, Water Line to Refrigerator
  • Price Per S Q F T: 1823.55

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Courtyard, Hills, Mountains, Ocean, Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Driveway - Pavers, Driveway Gate, Gated, Parking for Guests - Onsite, Private

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central, Forced Air

Lot Info

  • Assessor Parcel Number: 011-120-087
  • Geocode Override: No
  • Lot Size Area: 452588

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2015
Closed on
Oct 21, 2015
Sold by
El Fureidis Llc
Bought by
Iq Holdings Inc
Seller's Agent
Robert Riskin
Village Properties
Buyer's Agent
Robert Riskin
Village Properties
List Price
$17,900,000
Sold Price
$12,261,500
Premium/Discount to List
-$5,638,500
-31.5%
Current Estimated Value
$15,447,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,186,240
Avg. Annual Appreciation
2.21%

Purchase Details

Closed on
Sep 24, 2009
Sold by
Rossco Mp Properties Company Llc
Bought by
El Fureidis Llc

Purchase Details

Closed on
Sep 29, 1998
Sold by
12-6-83 Ross Steven J
Bought by
Rossco Holdings Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Iq Holdings Inc $12,261,500 Chicago Title Company
El Fureidis Llc -- Chicago Title Company
Rossco Holdings Inc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2015 11/02/15 Sold $12,261,500 0.0% $1,249 / Sq Ft
11/01/2015 11/01/15 Pending -- -- --
08/07/2015 08/07/15 Off Market $12,261,500 -- --
04/07/2015 04/07/15 For Sale $17,900,000 0.0% $1,824 / Sq Ft
01/04/2013 01/04/13 Rented -- -- --
01/04/2013 01/04/13 Under Contract -- -- --
03/15/2012 03/15/12 For Rent $30,000 -- --
Source: The MLS

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 $132,378 $12,648,569 $9,470,379 $3,178,190
2023 $132,378 $12,157,412 $9,102,634 $3,054,778
2022 $128,487 $11,919,032 $8,924,151 $2,994,881
2021 $125,824 $11,685,326 $8,749,168 $2,936,158
2020 $123,685 $11,565,509 $8,659,457 $2,906,052
2019 $120,170 $11,338,735 $8,489,664 $2,849,071
2018 $134,962 $12,756,864 $8,323,200 $4,433,664
2017 $132,611 $12,506,730 $8,160,000 $4,346,730
2016 $128,645 $12,261,500 $8,000,000 $4,261,500
2015 $219,182 $20,943,621 $12,888,382 $8,055,239
2014 $215,657 $20,533,365 $12,635,917 $7,897,448
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-902421

The MLS

APN: 011-120-087

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