NOT LISTED FOR SALE

1506 E Mountain Montecito, CA 93108

Estimated Value: $7,312,000 - $12,260,928

3 Beds
5 Baths
3,730 Sq Ft
$2,522/Sq Ft Est. Value

About This Home

This home is located at 1506 E Mountain, Montecito, CA 93108 and is currently estimated at $9,405,982, approximately $2,521 per square foot. 1506 E Mountain 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
Dec 21, 2020
Sold by
Marsh Tom F and Marsh Charlene R
Bought by
Marsh Tom F and Marsh Charlene C
Current Estimated Value
$9,405,982

Purchase Details

Closed on
Jan 2, 2013
Sold by
Hines Family Investments Llc
Bought by
Marsh Tom F and Charlene Cline Marsh R

Purchase Details

Closed on
Jan 8, 2007
Sold by
Sorrell Jon R and Sorrell Marie L
Bought by
Hines Family Investments Llc

Purchase Details

Closed on
Dec 19, 2001
Sold by
Meyer Eric and Meyer Cynthia
Bought by
Sorrell Jon R and Sorrell Marie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,737,000
Interest Rate
6.28%

Purchase Details

Closed on
Jul 6, 1999
Sold by
Meyer Eric and Meyer Cynthia
Bought by
Meyer Eric and Meyer Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.95%

Purchase Details

Closed on
Nov 12, 1997
Sold by
Meyer Eric and Meyer Cynthia
Bought by
Meyer Eric and Meyer Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$649,900
Interest Rate
7.3%

Purchase Details

Closed on
Jul 29, 1997
Sold by
Squeo Enterprises Lp
Bought by
Meyer Eric S and Meyer Cynthia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$606,000
Interest Rate
7.58%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 7, 1996
Sold by
Sorrell Timothy A and Sorrell Marianne K
Bought by
Meyer Eric and Meyer Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,500
Interest Rate
6.62%

Purchase Details

Closed on
Nov 1, 1993
Sold by
Baldwin Ii Willis M
Bought by
Sorrell Timothy A and Sorrell Marianne K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,500
Interest Rate
6.91%

Purchase Details

Closed on
Sep 30, 1993
Sold by
Baldwin Iii Willis M and Baldwin Vicki W
Bought by
Baldwin Ii Willis M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,500
Interest Rate
6.91%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Marsh Tom F -- None Available
Marsh Tom F $6,750,000 Chicago Title Company
Hines Family Investments Llc -- Lawyers Title Company
Sorrell Jon R -- Lawyers Title Company
Meyer Eric -- First American Title
Meyer Eric -- First American Title
Meyer Eric S -- First American Title
Meyer Eric -- First American Title
Sorrell Timothy A -- Equity Title Company
Baldwin Ii Willis M $410,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sorrell Jon R $1,737,000
Previous Owner Meyer Eric $375,000
Previous Owner Meyer Eric $649,900
Previous Owner Meyer Eric S $606,000
Previous Owner Meyer Eric $675,500
Previous Owner Sorrell Timothy A $682,500
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 $85,649 $8,312,138 $5,233,570 $3,078,568
2023 $85,649 $7,989,369 $5,030,345 $2,959,024
2022 $82,550 $7,832,715 $4,931,711 $2,901,004
2021 $80,822 $7,679,133 $4,835,011 $2,844,122
2020 $80,025 $7,600,394 $4,785,434 $2,814,960
2019 $78,489 $7,451,367 $4,691,602 $2,759,765
2018 $76,980 $7,305,262 $4,599,610 $2,705,652
2017 $75,600 $7,162,022 $4,509,422 $2,652,600
2016 $73,317 $7,021,591 $4,421,002 $2,600,589
2015 $72,185 $6,916,121 $4,354,595 $2,561,526
2014 -- $6,780,645 $4,269,295 $2,511,350
Source: Public Records

Map

California Santa Barbara County Montecito 93108

1506 E Mountain, Montecito, CA

Not Listed for Sale

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