NOT LISTED FOR SALE

1130 E Mountain Dr Montecito, CA 93108

Estimated Value: $8,352,000 - $12,068,229

4 Beds
5 Baths
5,859 Sq Ft
$1,797/Sq Ft Est. Value

About This Home

This home is located at 1130 E Mountain Dr, Montecito, CA 93108 and is currently estimated at $10,529,410, approximately $1,797 per square foot. 1130 E Mountain Dr 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
Aug 19, 2024
Sold by
Hutchins Family Trust and Hutchins Ward F
Bought by
Mountain Drive Llc
Current Estimated Value
$10,866,983

Purchase Details

Closed on
Apr 9, 2008
Sold by
Scher Joseph S
Bought by
Hutchins Ward F and Hutchins Roberta Loyd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,250,000
Interest Rate
6.11%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 15, 2005
Sold by
Scher Joseph S
Bought by
Scher Joseph S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.25%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Mountain Drive Llc $11,050,000 Chicago Title
Hutchins Ward F -- Lawyers Title Company
Scher Joseph S -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hutchins Ward F $5,250,000
Previous Owner Scher Joseph S $1,000,000
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 $107,004 $11,050,000 $5,500,000 $5,550,000
2023 $107,004 $9,308,000 $3,825,000 $5,483,000
2022 $95,668 $9,125,000 $3,750,000 $5,375,000
2021 $76,454 $7,300,000 $3,000,000 $4,300,000
2020 $72,796 $7,000,000 $3,000,000 $4,000,000
2019 $53,488 $5,100,000 $2,100,000 $3,000,000
2018 $92,441 $8,834,000 $4,547,000 $4,287,000
2017 $92,694 $8,834,000 $4,547,000 $4,287,000
2016 $87,411 $8,413,000 $4,330,000 $4,083,000
2014 $82,239 $7,855,000 $4,043,000 $3,812,000
Source: Public Records

Map

California Santa Barbara County Montecito 93108

1130 E Mountain Dr, Montecito, CA

Not Listed for Sale

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