690 Picacho Ln Montecito, CA 93108
Estimated Value: $6,321,000 - $28,356,900
8
Beds
10
Baths
12,896
Sq Ft
$1,345/Sq Ft
Est. Value
About This Home
This home is located at 690 Picacho Ln, Montecito, CA 93108 and is currently estimated at $17,338,950, approximately $1,344 per square foot. 690 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
Apr 1, 2016
Sold by
Glazer Edward S and Glazer Shari P
Bought by
The Glazer Community Property Trust
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,822,000
Outstanding Balance
$11,606,241
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,732,709
Purchase Details
Closed on
Mar 29, 2015
Sold by
Lukas Fredric and Lukas Joyce E
Bought by
The Glazer Community Property Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
May 14, 1998
Sold by
Picacho Corte Llc
Bought by
Lukas Frederic and Lukas Joyce E
Purchase Details
Closed on
Dec 23, 1996
Sold by
Fam Youngsblood J and Fam Youngsblood J
Bought by
Picacho Corte Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| The Glazer Community Property Trust | -- | Fidelity National Title Co | |
| The Glazer Community Property Trust | $21,500,000 | Chicago Title Company | |
| Lukas Frederic | -- | Chicago Title Co | |
| Picacho Corte Llc | -- | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | The Glazer Community Property Trust | $14,822,000 | |
| Previous Owner | The Glazer Community Property Trust | $15,000,000 |
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 | $264,094 | $25,839,781 | $14,422,204 | $11,417,577 |
| 2023 | $264,094 | $24,836,392 | $13,862,173 | $10,974,219 |
| 2022 | $255,130 | $24,349,405 | $13,590,366 | $10,759,039 |
| 2021 | $249,765 | $23,871,967 | $13,323,889 | $10,548,078 |
| 2020 | $247,299 | $23,627,190 | $13,187,269 | $10,439,921 |
| 2019 | $240,772 | $23,163,913 | $12,928,696 | $10,235,217 |
| 2018 | $236,084 | $22,709,720 | $12,675,193 | $10,034,527 |
| 2017 | $232,007 | $22,264,432 | $12,426,660 | $9,837,772 |
| 2016 | $225,029 | $21,827,875 | $12,183,000 | $9,644,875 |
| 2015 | $184,025 | $17,810,387 | $7,300,766 | $10,509,621 |
| 2014 | -- | $17,461,508 | $7,157,755 | $10,303,753 |
Source: Public Records
Map
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