NOT LISTED FOR SALE

2516 Banner Ave Unit A Summerland, CA 93067

Estimated Value: $2,785,517 - $3,177,000

2 Beds
3 Baths
-- Sq Ft
7,841 Sq Ft Lot

About This Home

This home is located at 2516 Banner Ave Unit A, Summerland, CA 93067 and is currently estimated at $2,960,129. 2516 Banner Ave Unit A is a home located in Santa Barbara County with nearby schools including Carpinteria Senior High School, Our Lady of Mount Carmel School, and Crane Country Day School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2025
Sold by
Frechman Brian and Frechman Tina
Bought by
Parris Family Trust and Parris
Current Estimated Value
$2,960,129

Purchase Details

Closed on
Jul 18, 2021
Sold by
Parris Robert A
Bought by
Frechman Brian and Frechman Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,560,000
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2015
Sold by
Parris Robert A and Parris Sandra E
Bought by
Parris Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2010
Sold by
Bowman John
Bought by
Parris Robert A and Parris Sandra E

Purchase Details

Closed on
May 20, 2010
Sold by
Andersen Marlo R
Bought by
Andersen Jolene

Purchase Details

Closed on
May 19, 2010
Sold by
Andersen Cordell M
Bought by
Andersen Jolene
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
Parris Family Trust $2,895,000 Fidelity National Title Compan
Frechman Brian $2,600,000 First American Title Company
Parris Robert A -- Fatcola-Resale
Parris Robert A $571,161 None Available
Andersen Jolene -- None Available
Andersen Jolene -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frechman Brian $1,560,000
Previous Owner Parris Robert A $800,000
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 $30,865 $2,759,140 $1,379,570 $1,379,570
2023 $30,865 $2,652,000 $1,326,000 $1,326,000
2022 $29,916 $2,600,000 $1,300,000 $1,300,000
2021 $13,797 $1,078,229 $513,258 $564,971
2020 $13,604 $1,067,174 $507,996 $559,178
2019 $13,270 $1,046,250 $498,036 $548,214
2018 $13,021 $1,025,736 $488,271 $537,465
2017 $12,761 $1,005,625 $478,698 $526,927
2016 $12,516 $985,908 $469,312 $516,596
2014 -- $952,078 $453,208 $498,870
Source: Public Records

Map

California Santa Barbara County Summerland 93067

2516 Banner Ave Unit A, Summerland, CA

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