NOT LISTED FOR SALE

1521 E Valley #B Rd Unit B Montecito, CA 93108

Estimated Value: $2,524,000 - $2,992,000

3 Beds
2 Baths
1,881 Sq Ft
$1,468/Sq Ft Est. Value

About This Home

This home is located at 1521 E Valley #B Rd Unit B, Montecito, CA 93108 and is currently estimated at $2,761,467, approximately $1,468 per square foot. 1521 E Valley #B Rd Unit B 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
Sep 20, 2021
Sold by
Cung Thiep and Thiep Cung Revocable Living Tr
Bought by
Cung Thiep and Lubes Tim
Current Estimated Value
$2,761,467

Purchase Details

Closed on
Jun 14, 2021
Sold by
Bookout Lisa Anne
Bought by
Cung Thiep and Thiep Cung Revocable Living Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,183,000
Outstanding Balance
$1,071,059
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,690,408

Purchase Details

Closed on
May 21, 2019
Sold by
Mosso Curtis
Bought by
Bookout Lisa Anne

Purchase Details

Closed on
Apr 22, 2007
Sold by
Bookout Margaret Edwards
Bought by
Mosso Curtis and Bookout Margaret

Purchase Details

Closed on
Aug 3, 1999
Sold by
Retter Valerie Margo
Bought by
Bookout Margaret Edwards

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
3.35%

Purchase Details

Closed on
Mar 9, 1999
Sold by
Shirek Alan F and Shirek Kathleen Bruns
Bought by
Retter Valerie Margo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.7%

Purchase Details

Closed on
Jul 13, 1998
Sold by
Gray Dewitt Katharine
Bought by
Shirek Alan F and Shirek Kathleen Bruns

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.93%
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

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
Cung Thiep -- None Available
Cung Thiep $1,700,000 Chicago Title Company
Bookout Lisa Anne -- None Available
Mosso Curtis -- None Available
Bookout Margaret Edwards -- First American Title
Retter Valerie Margo $600,000 Equity Title Company
Shirek Alan F -- First American Title
Dewitt Katharine Gray -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cung Thiep $1,183,000
Previous Owner Bookout Margaret Edwards $237,500
Previous Owner Retter Valerie Margo $480,000
Previous Owner Shirek Alan F $300,000
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 $19,377 $1,840,133 $1,298,917 $541,216
2023 $19,377 $1,768,680 $1,248,480 $520,200
2022 $18,691 $1,734,000 $1,224,000 $510,000
2021 $10,765 $968,696 $456,498 $512,198
2020 $10,664 $958,765 $451,818 $506,947
2019 $10,461 $939,966 $442,959 $497,007
2018 $10,270 $921,536 $434,274 $487,262
2017 $10,061 $903,467 $425,759 $477,708
2016 $9,777 $885,753 $417,411 $468,342
2015 $9,567 $872,450 $411,142 $461,308
2014 -- $855,361 $403,089 $452,272
Source: Public Records

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