NOT LISTED FOR SALE

108 Peirpont Ave Summerland, CA 93067

Estimated Value: $2,911,429

-- Bed
-- Bath
7,618 Sq Ft
$382/Sq Ft Est. Value

About This Home

This home is located at 108 Peirpont Ave, Summerland, CA 93067 and is currently priced at $2,911,429, approximately $382 per square foot. 108 Peirpont Ave is a home located in Santa Barbara County with nearby schools including Carpinteria Senior High School, Our Lady of Mount Carmel School, and Crane Country Day School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2011
Sold by
First Citizens Bank & Trust Company
Bought by
Verano Del Mar Llc
Current Estimated Value
$2,911,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
4.67%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 2, 2010
Sold by
Federal Deposit Insurance Corporation
Bought by
First Citizens Bank & Trust Company

Purchase Details

Closed on
Oct 15, 2009
Sold by
Laguna Property Llc
Bought by
First Regional Bank

Purchase Details

Closed on
Aug 9, 2006
Sold by
Spencer Jeri P and Rollins Jean L
Bought by
Spencer Jeri P and Rollins Jean L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,707,000
Interest Rate
6.7%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 8, 2006
Sold by
Spencer Jeri P and Rollins Jean L
Bought by
Laguna Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,707,000
Interest Rate
6.7%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 4, 2006
Sold by
Spencer Bud J
Bought by
Spencer Jeri P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,707,000
Interest Rate
6.7%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 31, 2005
Sold by
June M Young Revocable 1998 Trust
Bought by
Spencer Jeri P and Rollins Jean L

Purchase Details

Closed on
Mar 10, 1998
Sold by
Young June M
Bought by
Young June M
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

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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
Verano Del Mar Llc $1,220,000 Old Republic Title Company I
First Citizens Bank & Trust Company -- None Available
First Regional Bank $2,995,000 North American Title Company
Spencer Jeri P -- Lawyers Title Company
Laguna Property Llc -- Lawyers Title Company
Rollins Jean L -- Lawyers Title Company
Spencer Jeri P -- Lawyers Title Company
Galbraith Paula L -- Lawyers Title Company
Spencer Jeri P -- --
Young June M -- --
Young June M -- --
Young June M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Verano Del Mar Llc $2,500,000
Closed Delmar Verano Del $850,000
Closed Verano Del Mar Llc $750,000
Previous Owner Spencer Jeri P $3,707,000
Previous Owner Rollins Jean L $3,707,000
Previous Owner Galbraith Paula L $3,707,000
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
2023 $27,589 $1,879,847 $1,289,181 $590,666
2022 $26,227 $1,772,995 $1,263,904 $509,091
2021 $25,576 $1,738,231 $1,239,122 $499,109
2020 $25,153 $1,720,409 $1,226,417 $493,992
2019 $24,463 $1,686,676 $1,202,370 $484,306
2018 $23,954 $1,653,605 $1,178,795 $474,810
2017 $23,433 $1,621,182 $1,155,682 $465,500
2016 $22,955 $1,589,396 $1,133,022 $456,374
2014 $21,973 $1,345,367 $1,055,168 $290,199
Source: Public Records

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