NOT LISTED FOR SALE

308 Somerset Place Lompoc, CA 93436

East Lompoc Neighborhood

Estimated Value: $574,000 - $652,000

4 Beds
2 Baths
1,823 Sq Ft
$340/Sq Ft Est. Value

About This Home

This home is located at 308 Somerset Place, Lompoc, CA 93436 and is currently estimated at $619,019, approximately $339 per square foot. 308 Somerset Place is a home located in Santa Barbara County with nearby schools including Arthur Hapgood Elementary School, Lompoc Valley Middle School, and Lompoc High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2022
Sold by
Barbara Jackson
Bought by
Russell Carolyn
Current Estimated Value
$619,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,000
Outstanding Balance
$287,760
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$333,920

Purchase Details

Closed on
May 10, 2022
Sold by
Russell Carolyn J
Bought by
Carolyn J Russell Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,000
Outstanding Balance
$287,760
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$333,920

Purchase Details

Closed on
Jan 23, 2017
Sold by
Cheney Leon J
Bought by
Russell Carolyn and Jackson Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,262
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 25, 2003
Sold by
Cheney Leon J and Cheney Sharon C
Bought by
Cheney Leon J and Cheney Sharon C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.96%
Mortgage Type
Credit Line Revolving
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
Russell Carolyn $262,500 First American Title
Carolyn J Russell Trust -- Brooks & Ames
Russell Carolyn $343,000 Fidelity National Title Co
Cheney Leon J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russell Carolyn $302,000
Previous Owner Russell Carolyn $331,262
Previous Owner Cheney Leon J $300,000
Previous Owner Cheney Leon J $244,000
Previous Owner Cheney Leon J $220,000
Previous Owner Cheney Leon J $120,000
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 $5,061 $471,968 $129,653 $342,315
2023 $5,061 $453,642 $124,619 $329,023
2022 $4,264 $374,790 $87,490 $287,300
2021 $4,311 $367,442 $85,775 $281,667
2020 $4,266 $363,675 $84,896 $278,779
2019 $4,196 $356,545 $83,232 $273,313
2018 $4,131 $349,554 $81,600 $267,954
2017 $1,190 $97,967 $18,319 $79,648
2016 $1,168 $96,047 $17,960 $78,087
2014 $1,060 $92,754 $17,345 $75,409
Source: Public Records

Map

California Santa Barbara County Lompoc 93436 East Lompoc

308 Somerset Place, Lompoc, CA

This home is located at 308 Somerset Place, Lompoc, CA 93436 and is currently estimated at $619,019, approximately $339 per square foot. 308 Somerset Place is a home located in Santa Barbara County with nearby schools including Arthur Hapgood Elementary School, Lompoc Valley Middle School, and Lompoc High 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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