NOT LISTED FOR SALE

265 Olive Mill Rd Montecito, CA 93108

Estimated Value: $3,422,000 - $4,497,000

2 Beds
2 Baths
1,898 Sq Ft
$2,059/Sq Ft Est. Value

About This Home

This home is located at 265 Olive Mill Rd, Montecito, CA 93108 and is currently estimated at $3,908,401, approximately $2,059 per square foot. 265 Olive Mill Rd 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
Mar 11, 1996
Sold by
Pollock Joseph H and Pollock Helene Z
Bought by
Margulies Benjamin
Current Estimated Value
$3,908,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.05%

Purchase Details

Closed on
May 13, 1994
Sold by
Sherer Freda Korb and Korb David
Bought by
Sherer Freda Korb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
8.3%

Purchase Details

Closed on
Apr 29, 1993
Sold by
Waisler Lee
Bought by
Korb Freda and Korb David
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
Margulies Benjamin -- First American Title
Sherer Freda Korb -- First American Title
Korb Freda -- --
Sam Korb Testamentary Trust $131,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Margulies Benjamin $400,000
Previous Owner Sherer Freda Korb $350,000
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 $13,156 $1,130,957 $623,871 $507,086
2023 $13,156 $1,087,044 $599,647 $487,397
2022 $12,813 $1,065,731 $587,890 $477,841
2021 $12,575 $1,044,835 $576,363 $468,472
2020 $12,466 $1,034,123 $570,454 $463,669
2019 $12,043 $1,013,847 $559,269 $454,578
2018 $11,836 $993,968 $548,303 $445,665
2017 $11,561 $974,479 $537,552 $436,927
2016 $11,202 $955,372 $527,012 $428,360
2015 $10,874 $941,022 $519,096 $421,926
2014 -- $922,590 $508,928 $413,662
Source: Public Records

Map

California Santa Barbara County Montecito 93108

265 Olive Mill Rd, Montecito, CA

This home is located at 265 Olive Mill Rd, Montecito, CA 93108 and is currently estimated at $3,908,401, approximately $2,059 per square foot. 265 Olive Mill Rd 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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