NOT LISTED FOR SALE

Estimated Value: $12,521,895

1 Bed
1 Bath
-- Sq Ft
0.32 Acres

About This Home

This home is located at 29 E Cabrillo Blvd, Santa Barbara, CA 93101 and is currently estimated at $12,521,895. 29 E Cabrillo Blvd is a home located in Santa Barbara County with nearby schools including McKinley Elementary School, La Cumbre Junior High School, and Providence School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2020
Sold by
Mahboob Ray and Mahboob Ericka
Bought by
Mahboob Ray
Current Estimated Value
$12,521,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,500,000
Outstanding Balance
$5,695,299
Interest Rate
3.4%
Mortgage Type
Commercial
Estimated Equity
$6,826,596

Purchase Details

Closed on
Nov 2, 2016
Sold by
Ormonde Phillis and The Phyllis Ormonde Trust
Bought by
Mahboob Ray and Mahboob Mohammad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,452,500
Interest Rate
4.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 17, 2013
Sold by
Ormonde Phyllis
Bought by
Ormonde Phyllis and Phyllis Ormonde Trust

Purchase Details

Closed on
Nov 21, 2007
Sold by
Taylor Sharon D and Taylor Family Trust
Bought by
Taylor Eric M and Taylor Kenneth M

Purchase Details

Closed on
Mar 11, 2005
Sold by
Gunner Richard V and Gunner Margaret S
Bought by
Hester Suzanne

Purchase Details

Closed on
Dec 10, 2004
Sold by
Gunner Richard V and Gunner Margaret S
Bought by
Gunner Richard V and Gunner Margaret S

Purchase Details

Closed on
Feb 4, 1997
Sold by
Hester Suzanne
Bought by
Hester Suzanne and Suzanne Hester Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Mahboob Ray -- First American Title Company
Mahboob Ray $7,270,000 Fidelity National Title Co
Ormonde Phyllis -- None Available
Taylor Eric M -- None Available
Hester Suzanne -- First American Title Company
Gunner Richard V -- First American Title
Hester Suzanne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahboob Ray $6,500,000
Previous Owner Mahboob Ray $5,452,500
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 $96,752 $9,329,819 $4,062,050 $5,267,769
2023 $96,752 $8,967,533 $3,904,316 $5,063,217
2022 $93,372 $8,791,700 $3,827,761 $4,963,939
2021 $91,239 $8,619,315 $3,752,707 $4,866,608
2020 $90,301 $8,530,936 $3,714,228 $4,816,708
2019 $73,958 $6,970,232 $3,641,400 $3,328,832
2018 $79,116 $7,415,400 $3,570,000 $3,845,400
2017 $43,857 $4,164,769 $1,533,377 $2,631,392
2016 $21,302 $2,030,971 $440,948 $1,590,023
2014 $20,722 $1,961,280 $425,818 $1,535,462
Source: Public Records

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