NOT LISTED FOR SALE

1055 Summit Rd Santa Barbara, CA 93108

Estimated Value: $6,128,498 - $7,288,000

5 Beds
4 Baths
3,673 Sq Ft
$1,783/Sq Ft Est. Value

About This Home

This home is located at 1055 Summit Rd, Santa Barbara, CA 93108 and is currently estimated at $6,547,375, approximately $1,782 per square foot. 1055 Summit Rd 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
Dec 2, 2019
Sold by
Searcy James and Searcy Suzan Lee
Bought by
Mbr Real Estate Llc
Current Estimated Value
$6,547,375

Purchase Details

Closed on
Aug 7, 2007
Sold by
Searcy James and Searcy Suzan L
Bought by
Searcy James and Searcy Suzan Lee

Purchase Details

Closed on
Sep 11, 2002
Sold by
Searcy James
Bought by
Searcy James and Searcy Suzan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 4, 1998
Sold by
James Searcy
Bought by
Searcy James and Searcy Suzan L

Purchase Details

Closed on
Dec 1, 1995
Sold by
Searcy James
Bought by
Searcy James

Purchase Details

Closed on
Dec 1, 1993
Sold by
Comerica Bank California
Bought by
Searcy James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.16%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Mbr Real Estate Llc $3,290,000 Chicago Title Company
Searcy James -- None Available
Searcy James -- Fidelity National Title Co
Searcy James -- --
Searcy James -- --
Searcy James -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Searcy James $500,000
Previous Owner Searcy James $666,000
Previous Owner Searcy James $500,000
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 $37,022 $3,598,091 $1,531,102 $2,066,989
2023 $37,022 $3,458,375 $1,471,649 $1,986,726
2022 $35,738 $3,390,565 $1,442,794 $1,947,771
2021 $34,976 $3,324,084 $1,414,504 $1,909,580
2020 $34,371 $3,290,000 $1,400,000 $1,890,000
2019 $10,608 $1,001,804 $495,190 $506,614
2018 $10,399 $982,162 $485,481 $496,681
2017 $10,222 $962,905 $475,962 $486,943
2016 $9,963 $944,026 $466,630 $477,396
2014 $9,695 $911,633 $450,618 $461,015
Source: Public Records

Map

California Santa Barbara County Santa Barbara 93108

1055 Summit Rd, Santa Barbara, CA

Not Listed for Sale

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