NOT LISTED FOR SALE

1340 Virginia Rd Montecito, CA 93108

Estimated Value: $3,593,127 - $6,617,000

4 Beds
3 Baths
2,340 Sq Ft
$2,154/Sq Ft Est. Value

About This Home

This home is located at 1340 Virginia Rd, Montecito, CA 93108 and is currently estimated at $5,040,782, approximately $2,154 per square foot. 1340 Virginia Rd is a home located in Santa Barbara County with nearby schools including Santa Barbara Junior High School, Santa Barbara Senior High School, and Adelante Charter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2023
Sold by
Peterson David and Peterson David
Bought by
Peterson Family Trust and Peterson
Current Estimated Value
$5,040,782

Purchase Details

Closed on
Oct 21, 2021
Sold by
Peterson David and Peterson Pamela
Bought by
Peterson David and Peterson Pamela

Purchase Details

Closed on
Feb 7, 2019
Sold by
Peterson David and Peterson Pamela
Bought by
Peterson David S and Peterson Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 17, 2018
Sold by
Peterson David and Peterson Pamela
Bought by
Peterson David and Peterson Pamela

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
4.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 13, 2018
Sold by
Peterson Pamela
Bought by
Peterson David

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
4.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 8, 2006
Sold by
Shoemaker Nancy S and Camacho Lori L
Bought by
Shoemaker Nancy S and Camacho Lori L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,186,500
Interest Rate
7.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 17, 2006
Sold by
Spiva Michelle L
Bought by
Spiva George N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,186,500
Interest Rate
7.62%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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
Peterson Family Trust -- None Listed On Document
Peterson David -- None Listed On Document
Peterson David -- None Available
Peterson David -- None Available
Peterson David -- None Available
Peterson David S -- None Available
Peterson David -- Fidelity National Title Co
Peterson David -- Fidelity National Title Co
Peterson David $1,914,000 Fidelity National Title Co
Shoemaker Nancy S -- Equity Title Company
Spiva George N -- Equity Title Company Santa B
Spiva George N -- Equity Title Company Santa B
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1342 Virginia Road Trust $1,272,500
Previous Owner Peterson David S $99,999
Previous Owner Peterson David $1,270,000
Previous Owner Peterson David $150,000
Previous Owner Peterson David $1,118,500
Previous Owner Peterson David $500,000
Previous Owner Shoemaker Nancy S $1,186,500
Previous Owner Spiva George N $1,186,500
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 $23,516 $2,177,799 $1,137,827 $1,039,972
2023 $23,516 $2,093,235 $1,093,645 $999,590
2022 $22,714 $2,052,192 $1,072,201 $979,991
2021 $22,259 $2,011,954 $1,051,178 $960,776
2020 $22,049 $1,991,325 $1,040,400 $950,925
2019 $21,616 $1,952,280 $1,020,000 $932,280
2018 $21,292 $1,914,000 $1,000,000 $914,000
2017 $16,683 $1,473,000 $910,000 $563,000
2016 $15,748 $1,403,000 $867,000 $536,000
2014 $14,566 $1,300,000 $809,000 $491,000
Source: Public Records

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