NOT LISTED FOR SALE

700 Picacho Ln Santa Barbara, CA 93108

Estimated Value: $7,834,000 - $56,448,444

6 Beds
11 Baths
10,981 Sq Ft
$2,927/Sq Ft Est. Value

About This Home

This home is located at 700 Picacho Ln, Santa Barbara, CA 93108 and is currently estimated at $32,141,222, approximately $2,926 per square foot. 700 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
Mar 14, 2022
Sold by
Mjr Enterprises Llc
Bought by
2005 Green Oak Drive Trust
Current Estimated Value
$32,141,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,800,000
Outstanding Balance
$31,497,872
Interest Rate
2.84%
Mortgage Type
New Conventional
Estimated Equity
$643,350

Purchase Details

Closed on
Sep 21, 2020
Sold by
Berkoff S and Profile Property Trust
Bought by
Mjr Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000,000
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2009
Sold by
Berkoff S
Bought by
Berkoff S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,000,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2005
Sold by
Wait & Sea Llc
Bought by
Berkhoff S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,500,000
Interest Rate
5.64%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 22, 2001
Sold by
Brown Monte Tate and Brown Merryl
Bought by
Wait & Sea Llc

Purchase Details

Closed on
Feb 8, 2001
Sold by
Brown Monte T
Bought by
Brown Monte Tate and Brown Merryl

Purchase Details

Closed on
Sep 26, 1994
Sold by
Brown Merryl
Bought by
Brown Monte T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,320,000
Interest Rate
6.25%

Purchase Details

Closed on
Aug 26, 1994
Sold by
Universal Restoration Inc
Bought by
Brown Monte T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,320,000
Interest Rate
6.25%

Purchase Details

Closed on
Aug 11, 1994
Sold by
Shamis Robert
Bought by
Universal Restoration Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,320,000
Interest Rate
6.25%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
2005 Green Oak Drive Trust $52,000,000 Chicago Title
Mjr Enterprises Llc $44,500,000 Chicago Title Company
Berkoff S -- Stewart Title Of California
Berkhoff S -- Fidelity National Title Co
Wait & Sea Llc -- Lawyers Title Company
Brown Monte Tate -- --
Brown Monte T -- Santa Barbara Title Company
Brown Monte T $2,200,000 Santa Barbara Title Co
Universal Restoration Inc $1,700,000 Santa Barbara Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2005 Green Oak Drive Trust $33,800,000
Previous Owner Mjr Enterprises Llc $18,000,000
Previous Owner Berkoff S $14,000,000
Previous Owner Berkoff S Berkoff $14,000,000
Previous Owner Berkoff S $2,000,000
Previous Owner Berkoff S $2,000,000
Previous Owner Berkoff S $14,000,000
Previous Owner Berkoff S $5,025,000
Previous Owner Berkhoff S $8,500,000
Previous Owner Brown Monte T $1,320,000
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 $559,833 $52,000,000 $17,000,000 $35,000,000
2022 $471,247 $45,390,000 $12,240,000 $33,150,000
2021 $461,256 $44,500,000 $12,000,000 $32,500,000
2020 $187,257 $17,928,918 $9,666,852 $8,262,066
2019 $182,978 $17,577,371 $9,477,306 $8,100,065
2018 $179,422 $17,232,718 $9,291,477 $7,941,241
2017 $176,304 $16,894,823 $9,109,292 $7,785,531
2016 $170,996 $16,563,553 $8,930,679 $7,632,874
2015 $168,598 $16,314,754 $8,796,532 $7,518,222
2014 -- $15,995,172 $8,624,221 $7,370,951
Source: Public Records

Map

California Santa Barbara County Santa Barbara 93108

700 Picacho Ln, Santa Barbara, CA

This home is located at 700 Picacho Ln, Santa Barbara, CA 93108 and is currently estimated at $32,141,222, approximately $2,926 per square foot. 700 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.

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