NOT LISTED FOR SALE

588 Picacho Ln Santa Barbara, CA 93108

Estimated Value: $8,349,000

3 Beds
5 Baths
9,060 Sq Ft
$922/Sq Ft Est. Value

About This Home

This home is located at 588 Picacho Ln, Santa Barbara, CA 93108 and is currently estimated at $8,349,000, approximately $921 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
$8,349,000

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%
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
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 $2,500,000
Previous Owner Mccormick Michael Patrick $2,400,000
Previous Owner Mccormick Michael Patrick $1,620,000
Previous Owner Mccormick Michael Patrick $2,400,000
Previous Owner Mccormick Michael Patrick $1,620,000
Previous Owner Mccormick Michael Patrick $500,000
Previous Owner Mccormick Michael Patrick $1,300,000
Previous Owner Mccormick Michael Patrick $1,300,000
Previous Owner Mccormick Michael Patrick $1,625,000
Previous Owner Mccormick Michael Patrick $1,625,000
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 $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

California Santa Barbara County Santa Barbara 93108

588 Picacho Ln, Santa Barbara, CA

This home is located at 588 Picacho Ln, Santa Barbara, CA 93108 and is currently estimated at $8,349,000, approximately $921 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.

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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