NOT LISTED FOR SALE

690 Picacho Ln Montecito, CA 93108

Estimated Value: $8,578,000 - $27,675,702

6 Beds
6 Baths
12,896 Sq Ft
$1,406/Sq Ft Est. Value

About This Home

This home is located at 690 Picacho Ln, Montecito, CA 93108 and is currently estimated at $18,126,851, approximately $1,405 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
$18,126,851

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
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
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
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 Glazer Edward S $13,715,500
Closed The Glazer Community Property Trust $14,822,000
Previous Owner The Glazer Community Property Trust $15,000,000
Previous Owner Lukas Fredric $947,000
Previous Owner Lukas Fredric $993,000
Previous Owner Lukas Fredric $1,000,000
Previous Owner Lukas Fredric $1,000,000
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
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

California Santa Barbara County Montecito 93108

690 Picacho Ln, Montecito, CA

This home is located at 690 Picacho Ln, Montecito, CA 93108 and is currently estimated at $18,126,851, approximately $1,405 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.

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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