NOT LISTED FOR SALE

1045 Cold Springs Montecito, CA 93108

Estimated Value: $6,775,000 - $16,977,969

4 Beds
7 Baths
5,918 Sq Ft
$2,007/Sq Ft Est. Value

About This Home

This home is located at 1045 Cold Springs, Montecito, CA 93108 and is currently estimated at $11,876,485, approximately $2,006 per square foot. 1045 Cold Springs is a home located in Santa Barbara County with nearby schools including Cold Spring Elementary School, Santa Barbara Junior High School, and Santa Barbara Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2023
Sold by
Everlasting Properties Llc
Bought by
Montecito Magic Llc
Current Estimated Value
$11,876,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000,000
Outstanding Balance
$9,737,988
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$1,771,537

Purchase Details

Closed on
Oct 13, 2020
Sold by
Beaudry Diana L and The Diana L Beaudry Trust
Bought by
Everlasting Properties Llc

Purchase Details

Closed on
Apr 29, 2019
Sold by
Lloyds Richard E and Lloyds Marlene E
Bought by
Beaudry Diana L and The Diana L Beaudry Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,400,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 12, 2014
Sold by
Lloyds Richard and Lloyds Marlene
Bought by
Lloyds 2014 Trust and Lloyds Marlene E

Purchase Details

Closed on
Nov 15, 2013
Sold by
Lender Daniel and Lender Winifred Lloyds
Bought by
Lloyds Richard and Lloyds Marlene

Purchase Details

Closed on
Feb 27, 1995
Sold by
Lloyds Richard and Lloyds Marlene
Bought by
Lloyds Richard and Lloyds Marlene

Purchase Details

Closed on
Sep 12, 1994
Sold by
Cold Springs East Valley Partnership
Bought by
Lloyds Richard and Lloyds Marlene

Purchase Details

Closed on
Aug 15, 1994
Sold by
Shults Paul B and Shults Mabel I
Bought by
Cold Springs East Valley Partnership
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Montecito Magic Llc $15,900,000 Chicago Title Company
Everlasting Properties Llc $4,795,000 Chicago Title Company
Beaudry Diana L $4,400,000 Chicago Title Company
Lloyds 2014 Trust -- None Available
Lloyds Richard -- None Available
Lloyds Richard -- --
Lloyds Richard -- Equity Title Company
Cold Springs East Valley Partnership -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montecito Magic Llc $10,000,000
Previous Owner Beaudry Diana L $4,400,000
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 $170,666 $16,542,360 $4,161,600 $12,380,760
2023 $170,666 $5,164,718 $1,820,700 $3,344,018
2022 $52,825 $4,890,900 $1,785,000 $3,105,900
2021 $51,733 $4,795,000 $1,750,000 $3,045,000
2020 $48,119 $4,488,000 $1,530,000 $2,958,000
2019 $30,541 $2,785,679 $1,054,040 $1,731,639
2018 $29,970 $2,731,059 $1,033,373 $1,697,686
2017 $29,387 $2,677,510 $1,013,111 $1,664,399
2016 $28,495 $2,625,011 $993,247 $1,631,764
2015 $27,992 $2,585,582 $978,328 $1,607,254
2014 -- $2,534,935 $959,164 $1,575,771
Source: Public Records

Map

California Santa Barbara County Montecito 93108

1045 Cold Springs, Montecito, CA

This home is located at 1045 Cold Springs, Montecito, CA 93108 and is currently estimated at $11,876,485, approximately $2,006 per square foot. 1045 Cold Springs is a home located in Santa Barbara County with nearby schools including Cold Spring Elementary School, Santa Barbara Junior High School, and Santa Barbara Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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