NOT LISTED FOR SALE

118 Gray Ave Santa Barbara, CA 93101

Estimated Value: $12,081,308

-- Bed
2 Baths
-- Sq Ft
1.17 Acres

About This Home

This home is located at 118 Gray Ave, Santa Barbara, CA 93101 and is currently estimated at $12,081,308. 118 Gray Ave is a home located in Santa Barbara County with nearby schools including McKinley Elementary School, La Cumbre Junior High School, and Providence School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2024
Sold by
Somo Sb Llc
Bought by
121 E Mason Street Llc
Current Estimated Value
$12,081,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,000,000
Interest Rate
6.95%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 6, 2013
Sold by
Sri Padma Llc
Bought by
Somo Sb Llc

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
4.49%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 13, 2011
Sold by
Phantom Cargo/A Company Found Llc
Bought by
Sri Padma Llc
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
121 E Mason Street Llc $11,830,000 Fidelity National Title Compan
Somo Sb Llc $8,500,000 Fidelity National Title Co
Sri Padma Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 120 E Yanonali Street Llc $19,924,000
Closed 121 E Mason Street Llc $9,000,000
Previous Owner Somo Sb Llc $6,800,000
Previous Owner Somo Sb Llc $750,000
Previous Owner Somo Sb Llc $3,500,000
Previous Owner Cargo Phantom $600,000
Previous Owner Cargo Phantom $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 $74,251 $11,112,094 $10,402,623 $709,471
2023 $74,251 $6,863,367 $6,527,567 $335,800
2022 $71,650 $6,728,792 $6,399,576 $329,216
2021 $70,002 $6,596,856 $6,274,095 $322,761
2020 $69,280 $6,529,214 $6,209,762 $319,452
2019 $68,074 $6,401,191 $6,088,002 $313,189
2018 $67,111 $6,275,679 $5,968,630 $307,049
2017 $64,900 $6,152,628 $5,851,599 $301,029
2016 $63,087 $6,031,989 $5,736,862 $295,127
2014 $21,463 $2,018,979 $1,497,955 $521,024
Source: Public Records

Map

California Santa Barbara County Santa Barbara 93101

118 Gray Ave, Santa Barbara, CA

This home is located at 118 Gray Ave, Santa Barbara, CA 93101 and is currently estimated at $12,081,308. 118 Gray Ave is a home located in Santa Barbara County with nearby schools including McKinley Elementary School, La Cumbre Junior High School, and Providence 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.

Nearby Homes