NOT LISTED FOR SALE

2690 Gibraltar Rd Santa Barbara, CA 93105

Estimated Value: $2,452,000 - $5,705,000

2 Beds
1 Bath
920 Sq Ft
$4,105/Sq Ft Est. Value

Last Sold December 23, 2022

Last sale price $2,395,000 $2,603 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $22,131/month

About This Home

As of December 2022

Set high in the beautiful Santa Ynez Mountains looking over Santa Barbara, this gated Mediterranean home has incredible & unobstructed views of the harbor, beaches, islands & the ocean. Property being sold AS IS. Interested parties can overbid in Bankruptcy Court at 11:30 a.m. on 12/6/22 via Zoom or in person at 1415 State St, Courtroom 201, Santa Barbara, CA. The minimum overbid is $2,405,000. No later than 12:00p.m. on 12/5/22, any Overbidder must deliver 1) Cashier's check in amount of $120,250 payable to Jeremy Faith, Chapter 7 Trustee; 2) Written evidence of financial ability to close escrow unconditionally in a form acceptable to trustee in trustee's sole discretion.

Contact listing agent for a copy of disclosures and Trustee's Motion authorizing sale.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2022
Closed on
Dec 7, 2022
Sold by
Faith Jeremy W
Bought by
Gary R Lhommedieu And Caitlin K Lhommedieu Tr
Seller's Agent
Stan Tabler
Compass
Buyer's Agent
Daniel Johnson
Berkshire Hathaway HomeServices California Properties
List Price
$2,010,000
Sold Price
$2,395,000
Premium/Discount to List
$385,000
19.15%
Views
96
Current Estimated Value
$3,776,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,381,510
Avg. Annual Appreciation
17.39%

Purchase Details

Closed on
Mar 5, 2001
Sold by
Duff Charles
Bought by
Duff Charles and Duff Cathryn Alice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.12%

Purchase Details

Closed on
Sep 6, 1994
Sold by
Duff Cathryn Alice
Bought by
Duff Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
8.58%
Source: Public Records

Range of Values:

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
Gary R Lhommedieu And Caitlin K Lhommedieu Tr $2,395,000 First American Title
Duff Charles -- First American Title Co
Duff Charles -- Equity Title Company
Duff Charles $375,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Duff Charles $105,000
Previous Owner Duff Charles $352,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2022 12/23/22 Sold $2,395,000 -0.4% $2,603 / Sq Ft View Prior Sale
12/06/2022 12/06/22 Pending -- -- --
09/21/2022 09/21/22 Price Changed $2,405,000 +19.7% $2,614 / Sq Ft
09/10/2022 09/10/22 For Sale $2,010,000 -- $2,185 / Sq Ft

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 $26,018 $2,491,758 $1,404,540 $1,087,218
2023 $26,018 $2,395,000 $1,350,000 $1,045,000
2022 $9,542 $881,598 $627,047 $254,551
2021 $9,314 $864,312 $614,752 $249,560
2020 $9,216 $855,451 $608,449 $247,002
2019 $9,056 $838,678 $596,519 $242,159
2018 $8,926 $822,234 $584,823 $237,411
2017 $8,631 $806,112 $573,356 $232,756
2016 $8,471 $790,307 $562,114 $228,193
2015 $8,378 $778,437 $553,671 $224,766
2014 -- $763,190 $542,826 $220,364
Source: Public Records

Agents Affiliated with this Home

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