NOT LISTED FOR SALE

1 Miramar 1weup75yaluw Montecito, CA 93108

Estimated Value: $8,548,000 - $9,223,531

4 Beds
5 Baths
4,696 Sq Ft
$1,884/Sq Ft Est. Value

About This Home

This home is located at 1 Miramar 1weup75yaluw, Montecito, CA 93108 and is currently estimated at $8,849,510, approximately $1,884 per square foot. 1 Miramar 1weup75yaluw is a home located in Santa Barbara County with nearby schools including Santa Barbara Junior High School, Santa Barbara Senior High School, and Adelante Charter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2024
Sold by
1 Miramar Llc
Bought by
1 Miramar Beach Resort Llc
Current Estimated Value
$8,849,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,725,000
Interest Rate
6.89%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 20, 2023
Sold by
Romero Canyon Llc
Bought by
1 Miramar Llc

Purchase Details

Closed on
May 9, 2022
Sold by
Aec Eat Llc
Bought by
Romero Canyon Llc

Purchase Details

Closed on
Nov 11, 2021
Sold by
Hancock Jeffrey Mark and Renfrew Susan Gregg
Bought by
Aec Eat Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
2.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 2021
Sold by
Sprague Benjamin Norman and Benjamin N Sprague Living Trus
Bought by
Hancock Jeffrey Mark and Renfrew Susan Gregg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
2.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2019
Sold by
Lodato Michael W and Lodato Laura A
Bought by
Sprague Benjamin Norman and Benjamin N Sprague Living Trus

Purchase Details

Closed on
Mar 20, 2002
Sold by
Welsh Gregg and Welsh Laura
Bought by
Lodato Michael W and Lodato Laura A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
2.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 2000
Sold by
Welsh Gregg
Bought by
Welsh Gregg and Welsh Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.81%

Purchase Details

Closed on
Jul 2, 1999
Sold by
Welsh Gregg
Bought by
Welsh Gregg and Welsh Lori
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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

Date Buyer Sale Price Title Company
1 Miramar Beach Resort Llc $8,583,500 First American Title
1 Miramar Llc -- None Listed On Document
Romero Canyon Llc -- Chicago Title
Aec Eat Llc $8,250,000 Chicago Title Company
Hancock Jeffrey Mark $7,675,000 Chicago Title Company
Sprague Benjamin Norman $4,295,000 Fidelity National Title Co
Lodato Michael W -- Lawyers Title Company
Welsh Gregg -- Chicago Title Co
Welsh Gregg -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 1 Miramar Beach Resort Llc $6,725,000
Previous Owner Aec Eat Llc $3,000,000
Previous Owner Lodato Michael W $1,100,000
Previous Owner Welsh Gregg $350,000
Closed Romero Canyon Llc $0
Source: Public Records

Tax History Compared to Growth

Source: Public Records

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 $90,795 $8,754,966 $5,836,644 $2,918,322
2023 $90,795 $8,415,000 $5,610,000 $2,805,000
2022 $87,564 $8,250,000 $5,500,000 $2,750,000
2021 $47,121 $4,339,495 $3,435,223 $904,272
2020 $46,635 $4,295,000 $3,400,000 $895,000
2019 $26,837 $2,383,772 $1,854,048 $529,724
2018 $26,354 $2,337,033 $1,817,695 $519,338
2017 $25,796 $2,291,209 $1,782,054 $509,155
2016 $24,910 $2,246,284 $1,747,112 $499,172
2014 $23,950 $2,169,203 $1,687,160 $482,043
Source: Public Records

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