NOT LISTED FOR SALE

2347 E Valley Montecito, CA 93108

Estimated Value: $6,421,427 - $6,712,000

7 Beds
8 Baths
7,146 Sq Ft
$916/Sq Ft Est. Value

About This Home

This home is located at 2347 E Valley, Montecito, CA 93108 and is currently estimated at $6,543,107, approximately $915 per square foot. 2347 E Valley 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 19, 2022
Sold by
Fami Maryellen and Fami Brian
Bought by
2347 East Valley Llc
Current Estimated Value
$6,543,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,920,000
Outstanding Balance
$3,741,469
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$2,801,638

Purchase Details

Closed on
Jun 14, 2013
Sold by
Mceachen Maryellen and Reekie Brian
Bought by
Mceachen Maryellen and Reekie Brian

Purchase Details

Closed on
Mar 2, 2011
Sold by
Hadid Yolanda J J
Bought by
Mceachen Maryellen and Reekie Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,486,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 26, 2002
Sold by
Hadid Mohamed
Bought by
Hadid Yolanda J J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,545,000
Interest Rate
6.22%

Purchase Details

Closed on
Sep 16, 2002
Sold by
Mason Ralph S and Mason Ellen T
Bought by
Hadid Yolanda J J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,545,000
Interest Rate
6.22%

Purchase Details

Closed on
Jun 24, 1998
Sold by
Hildegard Muus
Bought by
Mason Ralph S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
4.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 1998
Sold by
Mason Ralph S
Bought by
Mason Ralph S and Mason Ellen T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
4.95%
Mortgage Type
Purchase Money Mortgage
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
2347 East Valley Llc $5,600,000 Fidelity National Title
Mceachen Maryellen -- None Available
Mceachen Maryellen $3,315,000 Chicago Title Company
Hadid Yolanda J J -- Lawyers Title Company
Hadid Yolanda J J -- Lawyers Title Company
Mason Ralph S -- Equity Title Company
Mason Ralph S -- Equity Title Company
Mason Ralph S -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2347 East Valley Llc $3,920,000
Previous Owner Mceachen Maryellen $2,486,000
Previous Owner Hadid Yolanda J J $1,545,000
Previous Owner Mason Ralph S $1,350,000
Closed Hadid Yolanda J J $1,750,000
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 $60,555 $5,826,240 $2,705,040 $3,121,200
2023 $60,555 $5,600,000 $2,600,000 $3,000,000
2022 $43,074 $4,002,135 $1,509,099 $2,493,036
2021 $42,190 $3,923,662 $1,479,509 $2,444,153
2020 $41,775 $3,883,431 $1,464,339 $2,419,092
2019 $40,827 $3,807,286 $1,435,627 $2,371,659
2018 $40,056 $3,732,634 $1,407,478 $2,325,156
2017 $39,301 $3,659,446 $1,379,881 $2,279,565
2016 $38,108 $3,587,693 $1,352,825 $2,234,868
2015 $37,431 $3,533,804 $1,332,505 $2,201,299
2014 -- $3,464,583 $1,306,404 $2,158,179
Source: Public Records

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