NOT LISTED FOR SALE

1576 Ramona Ln Montecito, CA 93108

Estimated Value: $7,055,000 - $9,333,840

5 Beds
5 Baths
4,657 Sq Ft
$1,780/Sq Ft Est. Value

About This Home

This home is located at 1576 Ramona Ln, Montecito, CA 93108 and is currently estimated at $8,287,460, approximately $1,779 per square foot. 1576 Ramona Ln 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
Jun 16, 2014
Sold by
Babcock Bryan and Boisset Lisa
Bought by
Babcock Family Trust
Current Estimated Value
$8,287,460

Purchase Details

Closed on
Nov 14, 2011
Sold by
Babcock Bryan and Boisset Lisa
Bought by
Babcock Bryan and Boisset Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2009
Sold by
Babcock Bryan and Boisset Lisa
Bought by
Babcock Bryan and Boisset Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2009
Sold by
Babcock Bryan and Boisset Lisa
Bought by
Babcock Bryan and Boisset Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2008
Sold by
Banks Charles
Bought by
Babcock Bryan and Babcock Lisa Boisset

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 16, 2003
Sold by
Banks Allison C
Bought by
Banks Charles A

Purchase Details

Closed on
Mar 4, 2003
Sold by
Irvin Robert J and Irvin Caryl G
Bought by
Banks Charles A
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
Babcock Family Trust -- None Available
Babcock Bryan -- Cal Counties Title Nation
Babcock Bryan -- Fidelity National Title Co
Babcock Bryan -- Fidelity National Title Co
Babcock Bryan -- Lawyers Title Company
Banks Charles A -- Landamerica Lawyers Title
Banks Charles A -- Landamerica Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Babcock Bryan W $892,000
Closed Babcock Bryan W $987,428
Open Babcock Bryan $1,776,000
Closed Babcock Bryan $1,800,000
Closed Babcock Bryan $2,000,000
Previous Owner Babcock Bryan $2,000,000
Previous Owner Banks Charles A $2,800,000
Previous Owner Banks Charles A $2,950,000
Previous Owner Banks Charles A $795,000
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 $61,487 $5,917,271 $3,863,291 $2,053,980
2023 $61,487 $5,687,498 $3,713,276 $1,974,222
2022 $59,376 $5,575,979 $3,640,467 $1,935,512
2021 $49,135 $4,593,000 $2,987,000 $1,606,000
2020 $44,816 $4,175,000 $2,715,000 $1,460,000
2019 $44,581 $4,175,000 $2,715,000 $1,460,000
2018 $46,849 $4,395,000 $2,858,000 $1,537,000
2017 $46,869 $4,395,000 $2,858,000 $1,537,000
2016 $44,191 $4,186,000 $2,722,000 $1,464,000
2015 $43,239 $4,104,000 $2,669,000 $1,435,000
2014 $41,375 $3,909,000 $2,542,000 $1,367,000
Source: Public Records

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