NOT LISTED FOR SALE

Estimated Value: $2,666,000 - $8,749,000

2 Beds
1 Bath
1,057 Sq Ft
$5,141/Sq Ft Est. Value

About This Home

This home is located at 3433 Padaro Ln, Carpinteria, CA 93013 and is currently estimated at $5,433,673, approximately $5,140 per square foot. 3433 Padaro Ln is a home located in Santa Barbara County with nearby schools including Carpinteria Senior High School, The Howard School, and Crane Country Day School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2022
Sold by
Morehart Non-Exempt Marital Trust
Bought by
Morehart Mitchell E
Current Estimated Value
$5,433,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,125,000
Outstanding Balance
$2,065,454
Interest Rate
6.95%
Mortgage Type
Seller Take Back
Estimated Equity
$3,368,219

Purchase Details

Closed on
Nov 1, 2022
Sold by
Morehart Mitchell E
Bought by
Mitchell Morehart Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,125,000
Outstanding Balance
$2,065,454
Interest Rate
6.95%
Mortgage Type
Seller Take Back
Estimated Equity
$3,368,219

Purchase Details

Closed on
Nov 6, 2020
Sold by
Mueller Madeleine M and Willmon Marianita M
Bought by
Morehart Mitchell E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,620,630
Interest Rate
2.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 29, 2008
Sold by
Morehart Frances S and Mueller Madeleine M
Bought by
Morehart Frances S and Mueller Madeleine M

Purchase Details

Closed on
Apr 2, 2003
Sold by
Morehart Mitchell E
Bought by
Morehart Mitchell E

Purchase Details

Closed on
Dec 20, 2000
Sold by
Morehart John M & Frances S Tr Morehart John
Bought by
Morehart John M and Morehart Frances Scheller

Purchase Details

Closed on
Feb 18, 1997
Sold by
Morehart John M and Morehart Frances Scheller
Bought by
Morehart John M and Morehart Frances S
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
Morehart Mitchell E $2,125,000 Fidelity National Title
Mitchell Morehart Trust -- Fidelity National Title
Morehart Mitchell E -- Chicago Title
Morehart Frances S -- None Available
Morehart Mitchell E -- --
Morehart John M -- --
Morehart John M -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morehart Mitchell E $2,125,000
Previous Owner Morehart Mitchell E $1,620,630
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 $3,508 $265,650 $214,162 $51,488
2023 $3,508 $5,165,317 $4,799,293 $366,024
2022 $3,484 $250,344 $201,802 $48,542
2021 $3,357 $245,437 $197,846 $47,591
2020 $3,303 $242,922 $195,818 $47,104
2019 $3,225 $238,160 $191,979 $46,181
2018 $3,159 $233,491 $188,215 $45,276
2017 $3,090 $228,914 $184,525 $44,389
2016 $3,036 $224,426 $180,907 $43,519
2014 $2,840 $216,727 $174,700 $42,027
Source: Public Records

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