NOT LISTED FOR SALE

288 Hot Springs Rd Santa Barbara, CA 93108

Estimated Value: $6,990,000 - $17,019,572

6 Beds
9 Baths
8,748 Sq Ft
$1,386/Sq Ft Est. Value

About This Home

This home is located at 288 Hot Springs Rd, Santa Barbara, CA 93108 and is currently estimated at $12,125,524, approximately $1,386 per square foot. 288 Hot Springs Rd 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
Feb 13, 2019
Sold by
Separat Beebe-Barrack Laurel A
Bought by
Weremblewski Michael
Current Estimated Value
$12,125,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000,000
Outstanding Balance
$6,904,002
Interest Rate
3.43%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,221,522

Purchase Details

Closed on
Jan 30, 2014
Sold by
Barrack Thomas J
Bought by
Barrack Laurel Beebe

Purchase Details

Closed on
Apr 27, 2009
Sold by
Barrack Laurel Beebe
Bought by
Beebe Barrack Laurel A

Purchase Details

Closed on
Nov 14, 2008
Sold by
Barrack Thomas J
Bought by
Barrack Laurel Beebe

Purchase Details

Closed on
Nov 7, 1997
Sold by
Badham John and Badham Julia
Bought by
Barrack Thomas J

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
7.37%

Purchase Details

Closed on
Sep 21, 1995
Sold by
Zwerdling George
Bought by
Badham John and Badham Julia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
7.58%
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
Weremblewski Michael $14,500,000 Chicago Title Co
Barrack Laurel Beebe -- None Available
Beebe Barrack Laurel A -- None Available
Barrack Laurel Beebe -- None Available
Barrack Thomas J -- Equity Title Company
Badham John -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open William Asher Revocable Trust $2,250,000
Open Weremblewski Michael $8,000,000
Previous Owner Barrack Thomas J $2,000,000
Previous Owner Badham John $1,600,000
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 $165,550 $16,175,021 $7,250,871 $8,924,150
2023 $165,550 $15,546,927 $6,969,312 $8,577,615
2022 $159,766 $15,242,086 $6,832,659 $8,409,427
2021 $156,408 $14,943,223 $6,698,686 $8,244,537
2020 $154,865 $14,790,000 $6,630,000 $8,160,000
2019 $86,665 $8,247,639 $3,976,867 $4,270,772
2018 $84,995 $8,085,922 $3,898,890 $4,187,032
2017 $83,478 $7,927,376 $3,822,442 $4,104,934
2016 $80,958 $7,771,939 $3,747,493 $4,024,446
2014 $78,450 $7,505,245 $3,618,898 $3,886,347
Source: Public Records

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