NOT LISTED FOR SALE

487 Monarch Ln Ln Santa Barbara, CA 93108

Estimated Value: $6,036,000 - $8,200,434

3 Beds
4 Baths
3,826 Sq Ft
$1,837/Sq Ft Est. Value

About This Home

This home is located at 487 Monarch Ln Ln, Santa Barbara, CA 93108 and is currently estimated at $7,029,609, approximately $1,837 per square foot. 487 Monarch Ln Ln is a home located in Santa Barbara County with nearby schools including Santa Barbara Junior High School, Santa Barbara Senior High School, and Our Lady of Mount Carmel School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2023
Sold by
Kring Legacy Trust
Bought by
Fabienne Guerin Trust and Guerin
Current Estimated Value
$7,029,609

Purchase Details

Closed on
Nov 3, 2021
Sold by
Bolt Tracy A and Bolt Crystal H
Bought by
Kring Edward and Mahoney Danielle Kring

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,860,000
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2014
Sold by
Bolt Tracy A and Bolt Crystal H
Bought by
The Bolt Family Irrevocable Trust and Bolt Crystal H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,840,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 18, 2014
Sold by
Bendy C Joseph
Bought by
Bolt Tracy A and Bolt Crystal H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,840,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 12, 2006
Sold by
Clute George H and Clute Judith M
Bought by
Bendy C Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,047,500
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2005
Sold by
Clute George H
Bought by
Clute George H and Clute Judith M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2004
Sold by
Clute Judith Margaret
Bought by
Clute George H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$671,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2003
Sold by
Brink Norene F and Ferrero Norene M
Bought by
Clute George H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.96%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 11, 2002
Sold by
Brink Norene F and Brink Jack R
Bought by
Brink Norene F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.99%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 7, 2000
Sold by
Ttees, Platt Fam Rev Tr Platt John Buford Iii
Bought by
Ferrero Norene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.53%

Purchase Details

Closed on
May 3, 1999
Sold by
Platt John B
Bought by
Platt John Buford and Platt Kelly Parks

Purchase Details

Closed on
Mar 11, 1997
Sold by
Platt John B
Bought by
Derick M Christopher and Derick Dana Diehl

Purchase Details

Closed on
Nov 11, 1994
Sold by
Wright Dan B
Bought by
Platt John B and Platt Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,000
Interest Rate
3.75%

Purchase Details

Closed on
Oct 18, 1993
Sold by
Santa Barbara Bank & Trust
Bought by
Wright Dan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,250
Interest Rate
3.87%
Mortgage Type
Seller Take Back
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
Fabienne Guerin Trust $6,000,000 Chicago Title Company
Kring Edward $4,500,000 Chicago Title Company
The Bolt Family Irrevocable Trust -- None Available
Bolt Tracy A $2,300,000 Chicago Title Company
Bendy C Joseph -- Lawyers Title Company
Clute George H -- Multiple
Clute George H -- Equity Title Company Santa B
Clute George H -- First American Title
Brink Norene F -- First American Title Ins Co
Ferrero Norene M -- First American Title
Platt John Buford -- --
Derick M Christopher -- First American Title Ins Co
Platt John B $820,000 Chicago Title Insurance Co
Wright Dan B -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kring Edward $2,860,000
Previous Owner Bolt Tracy A $1,840,000
Previous Owner Bendy C Joseph $1,044,000
Previous Owner Bendy C Joseph $2,047,500
Previous Owner Clute George H $680,000
Previous Owner Clute George H $671,000
Previous Owner Clute George H $60,000
Previous Owner Clute George H $650,000
Previous Owner Ferrero Norene M $1,092,000
Previous Owner Brink Norene F $250,000
Previous Owner Ferrero Norene M $200,000
Previous Owner Platt John B $615,000
Previous Owner Wright Dan B $471,250
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 $63,463 $6,120,000 $2,550,000 $3,570,000
2023 $63,463 $4,590,000 $2,040,000 $2,550,000
2022 $48,121 $4,500,000 $2,000,000 $2,500,000
2021 $28,812 $2,635,764 $1,665,483 $970,281
2020 $28,538 $2,608,738 $1,648,406 $960,332
2019 $27,933 $2,557,587 $1,616,085 $941,502
2018 $27,414 $2,507,440 $1,584,398 $923,042
2017 $26,874 $2,458,276 $1,553,332 $904,944
2016 $26,054 $2,410,075 $1,522,875 $887,200
2015 $24,776 $2,300,000 $1,500,000 $800,000
2014 $34,742 $3,260,773 $2,145,980 $1,114,793
Source: Public Records

Map

California Santa Barbara County Santa Barbara 93108

487 Monarch Ln Ln, Santa Barbara, CA

This home is located at 487 Monarch Ln Ln, Santa Barbara, CA 93108 and is currently estimated at $7,029,609, approximately $1,837 per square foot. 487 Monarch Ln Ln is a home located in Santa Barbara County with nearby schools including Santa Barbara Junior High School, Santa Barbara Senior High School, and Our Lady of Mount Carmel 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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