588 Picacho Ln Santa Barbara, CA 93108
Estimated Value: $5,752,000
3
Beds
5
Baths
9,060
Sq Ft
$635/Sq Ft
Est. Value
About This Home
This home is located at 588 Picacho Ln, Santa Barbara, CA 93108 and is currently estimated at $5,752,000, approximately $634 per square foot. 588 Picacho 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 9, 2021
Sold by
Neuman Harley J and Six Trust
Bought by
Montecito Iv Llc
Current Estimated Value
Purchase Details
Closed on
Jan 15, 2021
Sold by
Roth Robyn L and The Six Trust
Bought by
Neuman Harley J and The Six Trust
Purchase Details
Closed on
Sep 25, 2020
Sold by
Bonsignore Anthony and Selvaggi Frank
Bought by
Roth Robyn L and The Six Trust
Purchase Details
Closed on
Jan 6, 2017
Sold by
Selvaggi Frank
Bought by
Bonsignore Anthony
Purchase Details
Closed on
Jan 4, 2017
Sold by
Bonsignore Anthony
Bought by
Selvaggi Frank
Purchase Details
Closed on
Sep 20, 2006
Sold by
Mccormick Michael Patrick and Mccormick Deborah Ann
Bought by
Selvaggi Frank and Deansgrange Trust
Purchase Details
Closed on
Apr 7, 1998
Sold by
Mcduffie Malcolm S and Mcduffie Mary S
Bought by
Mccormick Michael Patrick and Mccormick Deborah Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,625,000
Interest Rate
6.12%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Montecito Iv Llc | $55,000,000 | Chicago Title Company | |
| Neuman Harley J | -- | Chicago Title Company | |
| Roth Robyn L | $49,000,000 | Chicago Title Company | |
| Bonsignore Anthony | -- | None Available | |
| Selvaggi Frank | $2,423,500 | None Available | |
| Selvaggi Frank | $2,423,500 | None Available | |
| Selvaggi Frank | -- | Landamerica Lawyers Title | |
| Mccormick Michael Patrick | -- | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mccormick Michael Patrick | $1,625,000 |
Source: Public Records
Tax History Compared to Growth
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 | $200,546 | $29,370,463 | $7,959,060 | $21,411,403 |
| 2023 | $200,546 | $32,130,000 | $7,650,000 | $24,480,000 |
| 2022 | $328,186 | $31,500,000 | $7,500,000 | $24,000,000 |
| 2021 | $294,619 | $28,300,000 | $7,300,000 | $21,000,000 |
| 2020 | $115,438 | $10,925,000 | $4,750,000 | $6,175,000 |
| 2019 | $115,015 | $10,925,000 | $4,750,000 | $6,175,000 |
| 2018 | $120,945 | $11,500,000 | $5,000,000 | $6,500,000 |
| 2017 | $121,116 | $11,500,000 | $5,000,000 | $6,500,000 |
| 2016 | $113,186 | $10,859,000 | $5,330,000 | $5,529,000 |
| 2014 | $65,747 | $6,381,000 | $5,176,000 | $1,205,000 |
Source: Public Records
Map
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