NOT LISTED FOR SALE

1486 E Valley Rd Montecito, CA 93108

Estimated Value: $24,320,118

Studio
-- Bath
6,350 Sq Ft
$3,830/Sq Ft Est. Value

About This Home

This home is located at 1486 E Valley Rd, Montecito, CA 93108 and is currently estimated at $24,320,118, approximately $3,829 per square foot. 1486 E Valley Rd 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
Aug 19, 2019
Sold by
3N Ub Montecito Llc
Bought by
Carnevale Excambium Llc
Current Estimated Value
$24,320,118

Purchase Details

Closed on
May 23, 2013
Sold by
1486 East Valley Rd Llc
Bought by
3N Ub Montecito Llc

Purchase Details

Closed on
Feb 9, 2006
Sold by
Old Montecito Firehouse Lp
Bought by
1486 East Valley Rd Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,160,000
Interest Rate
6.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 10, 1998
Sold by
Dennis Warren E
Bought by
Old Montecito Firehouse Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
6.98%
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
Carnevale Excambium Llc $13,000,000 Fidelity National Title Co
3N Ub Montecito Llc $16,000,000 Fidelity National Title Co
1486 East Valley Rd Llc -- First American Title Company
Old Montecito Firehouse Lp -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1486 East Valley Rd Llc $4,160,000
Previous Owner Old Montecito Firehouse Lp $1,200,000
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 $117,166 $11,483,281 $4,374,583 $7,108,698
2023 $117,166 $11,037,372 $4,204,713 $6,832,659
2022 $139,492 $13,397,372 $5,513,534 $7,883,838
2021 $137,143 $13,134,679 $5,405,426 $7,729,253
2020 $136,033 $13,000,000 $5,350,000 $7,650,000
2019 $124,377 $17,662,505 $6,402,657 $11,259,848
2018 $121,923 $17,316,182 $6,277,115 $11,039,067
2017 $177,790 $16,976,650 $6,154,035 $10,822,615
2016 $171,638 $16,643,775 $6,033,368 $10,610,407
2015 $169,035 $16,393,771 $5,942,742 $10,451,029
2014 -- $16,072,640 $5,826,332 $10,246,308
Source: Public Records

Map

California Santa Barbara County Montecito 93108

1486 E Valley Rd, Montecito, CA

Not Listed for Sale

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