NOT LISTED FOR SALE

116 Miramar Ave Santa Barbara, CA 93108

Estimated Value: $5,128,460 - $6,609,000

4 Beds
2 Baths
4 Sq Ft
$1,417,279/Sq Ft Est. Value

About This Home

This home is located at 116 Miramar Ave, Santa Barbara, CA 93108 and is currently estimated at $5,669,115, approximately $1,417,278 per square foot. 116 Miramar Ave is a home located in Santa Barbara County with nearby schools including Santa Barbara Junior High School, Santa Barbara Senior High School, and Our Lady of Mount Carmel School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2022
Sold by
Melnick Laini M
Bought by
Melnick Laini M
Current Estimated Value
$5,669,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,207,200
Outstanding Balance
$7,158,636
Interest Rate
3.92%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
-$1,425,021

Purchase Details

Closed on
Jun 9, 2015
Sold by
Melnick Peter R
Bought by
Melnick Laini M

Purchase Details

Closed on
Apr 29, 2015
Sold by
Melnick Peter R and Melnick Laini M
Bought by
Melnick Peter R and Melnick Laini M

Purchase Details

Closed on
Sep 23, 2008
Sold by
Melnick Peter R and Melnick Laini Millar
Bought by
Melnick Peter R and Melnick Laini M

Purchase Details

Closed on
Jan 6, 2003
Sold by
Melnick Peter R
Bought by
Melnick Peter R and Melnick Laini Millar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$870,000
Interest Rate
6.06%

Purchase Details

Closed on
Dec 13, 2002
Sold by
Melnick Laini Millar
Bought by
Melnick Peter R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$870,000
Interest Rate
6.06%

Purchase Details

Closed on
Jan 14, 1994
Sold by
Marinkovich Kathleen S
Bought by
Marinkovich Juri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
7.24%

Purchase Details

Closed on
Jan 3, 1994
Sold by
Marinkovich Juri and Marinkovich Kathleen
Bought by
Melnick Peter R and Melnick Elaine Millar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
7.24%
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

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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
Melnick Laini M -- First American Title
Melnick Laini M -- None Available
Melnick Peter R -- None Available
Melnick Peter R -- None Available
Melnick Peter R -- Lawyers Title
Melnick Peter R -- Landamerica Lawyers Title
Marinkovich Juri -- --
Melnick Peter R $675,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melnick Laini M $7,207,200
Previous Owner Melnick Peter R $1,377,000
Previous Owner Melnick Peter R $992,000
Previous Owner Melnick Peter R $870,000
Previous Owner Melnick Peter R $500,000
Previous Owner Melnick Peter R $610,000
Previous Owner Melnick Peter R $540,000
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 $15,668 $1,258,987 $509,895 $749,092
2023 $15,668 $1,210,101 $490,097 $720,004
2022 $15,236 $1,186,375 $480,488 $705,887
2021 $14,972 $1,163,114 $471,067 $692,047
2020 $14,850 $1,151,188 $466,237 $684,951
2019 $14,513 $1,128,617 $457,096 $671,521
2018 $14,283 $1,106,488 $448,134 $658,354
2017 $13,894 $1,084,794 $439,348 $645,446
2016 $13,408 $1,063,525 $430,734 $632,791
2014 -- $1,027,031 $415,954 $611,077
Source: Public Records

Map

California Santa Barbara County Santa Barbara 93108

116 Miramar Ave, Santa Barbara, CA

This home is located at 116 Miramar Ave, Santa Barbara, CA 93108 and is currently estimated at $5,669,115, approximately $1,417,278 per square foot. 116 Miramar Ave is a home located in Santa Barbara County with nearby schools including Santa Barbara Junior High School, Santa Barbara Senior High School, and Our Lady of Mount Carmel 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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