NOT LISTED FOR SALE

805 Picacho Ln Santa Barbara, CA 93108

Estimated Value: $8,347,000 - $21,705,478

5 Beds
5.5 Baths
7,547 Sq Ft
$1,991/Sq Ft Est. Value

Last Sold January 25, 2022

Last sale price $18,600,000 $2,465 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $98,490/month

About This Home

As of January 2022

FOR STATISTICAL PURPOSES ONLY.

Last Agent to Sell the Property

Nancy Kogevinas

Berkshire Hathaway HomeServices California Properties License #01209514 Listed on: 01/26/2022

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Cristal Clarke

Berkshire Hathaway HomeServices California Properties License #00968247

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $201,299

Year Built

  • Built in 1999

Lot Details

  • 1.65 Acre Lot
  • Property is zoned E-1

Home Design

  • 7,547 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

  • Mont Union Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Sewer Stub Out

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 011-090-024

Home Details

Home Type

Single Family

Est. Annual Taxes

$201,299

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Directions: North on Hot Springs, right on East Valley Road, Left on Picacho Lane and home is at the end of the private driveway.
  • Prop. Type: Residential
  • Year Built: 1999
  • Reso Property Sub Type: Home/Estate
  • Property Information Year Built2: 1999
  • Property Information Total #Units: 2
  • Property Information Apx # Acres: 1.65
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • WaterSewer Sewer Hookup: Yes
  • Property Information Main House SqFt: 7547.0
  • Property Information Apx Lot SqFt: 71874.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Acres: 1.65

Utilities

  • Water Source: Mont Wtr

Schools

  • Elementary School: Mont Union
  • High School: S.B. Sr.
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 011-090-024
  • Zoning: E-1
  • Lot Size Sq Ft: 71874.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2022
Closed on
Jan 19, 2022
Sold by
Montgomery Family Trust
Bought by
Favorite Light Llc
Seller's Agent
Nancy Kogevinas
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Cristal Clarke
Berkshire Hathaway HomeServices California Properties
List Price
$20,000,000
Sold Price
$18,600,000
Premium/Discount to List
-$1,400,000
-7%
Current Estimated Value
$15,026,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,573,761
Avg. Annual Appreciation
-5.77%

Purchase Details

Closed on
Jan 6, 2011
Sold by
Montgomery Robert K and Montgomery Valerie Z
Bought by
Montgomery Robert K and Montgomery Valerie Z

Purchase Details

Closed on
Jan 8, 1997
Sold by
Butts Catherine L and Butts Catherine R
Bought by
Montgomery Robert K and Montgomery Valerie Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7%

Purchase Details

Closed on
Jan 4, 1996
Sold by
Butts Catherine L
Bought by
Butts Catherine R and Hilliard Richard
Source: Public Records

Range of Values:

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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
Favorite Light Llc $18,600,000 Chicago Title
Montgomery Robert K -- None Available
Montgomery Robert K -- Chicago Title Co
Butts Catherine R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Favorite Light Llc $11,000,000
Previous Owner Montgomery Robert K $4,000,000
Previous Owner Montgomery Robert K $1,565,000
Previous Owner Montgomery Robert K $1,000,000
Previous Owner Montgomery Robert K $1,600,000
Previous Owner Montgomery Robert K $500,000
Previous Owner Montgomery Robert K $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2022 01/25/22 Sold $18,600,000 -7.0% $2,465 / Sq Ft
01/25/2022 01/25/22 Pending -- -- --
01/25/2022 01/25/22 For Sale $20,000,000 -- $2,650 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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 $201,299 $19,738,468 $7,003,972 $12,734,496
2023 $201,299 $18,600,000 $6,600,000 $12,000,000
2022 $57,960 $5,432,092 $2,245,746 $3,186,346
2021 $56,761 $5,325,581 $2,201,712 $3,123,869
2020 $56,269 $5,270,975 $2,179,137 $3,091,838
2019 $54,822 $5,167,623 $2,136,409 $3,031,214
2018 $53,776 $5,066,298 $2,094,519 $2,971,779
2017 $52,787 $4,966,959 $2,053,450 $2,913,509
2016 $51,188 $4,869,569 $2,013,187 $2,856,382
2014 $49,542 $4,702,470 $1,944,105 $2,758,365
Source: Public Records

Agents Affiliated with this Home

  • Nancy Kogevinas

    Seller's Agent in 2022

    Nancy Kogevinas

    Berkshire Hathaway HomeServices California Properties

    (805) 450-6233

    122 in this area

    243 Total Sales

    Nancy Kogevinas
    Section Image
  • Cristal Clarke

    Buyer's Agent in 2022

    Cristal Clarke

    Berkshire Hathaway HomeServices California Properties

    (805) 886-9378

    114 in this area

    222 Total Sales

    Cristal Clarke
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 22-212

Santa Barbara Multiple Listing Service

APN: 011-090-024

California Santa Barbara County Santa Barbara 93108

805 Picacho Ln, Santa Barbara, CA

This home is located at 805 Picacho Ln, Santa Barbara, CA 93108 since 26 January 2022 and is currently estimated at $15,026,239, approximately $1,991 per square foot. This property was built in 1999. 805 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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