C
Seller's Agent in 2020
Crysta Metzger
Coldwell Banker Realty
859 Picacho Ln Santa Barbara, CA 93108
Estimated Value: $8,771,000 - $13,074,255
4
Beds
4.5
Baths
7,678
Sq Ft
$1,355/Sq Ft
Est. Value
Highlights
- Ocean View
- Guest House
- 2.36 Acre Lot
- Santa Barbara Senior High School Rated A-
- Pool House
- Fruit Trees
About This Home
As of January 2020AUCTION: Bid December 10–12. NO RESERVE. Appointment. South-facing views, 2.36 impeccable acres, and luxurious California charm come together to create 859 Picacho Lane – a 1930s Chester Carjola Mediterranean oasis like no other. Tucked away in magnificent, star-studded Montecito on one of the most prestigious lanes, this two-story 7,678-square-foot 4- bedroom estate is home to high ceilings, hardwood and tile floors, and vast patios and balconies. Lounge around in your resort-style pool area or host friends and family in one of your multiple living and dining areas. With a detached two-room two bath guesthouse as well as an ensuite bedroom in the pool house, visitors will feel at home with a space to call their own. Endless possibilities!
Last Agent to Sell the Property
Crysta Metzger
Coldwell Banker Realty Listed on: 11/05/2019
Last Buyer's Agent
Non Member Agent
Non Member Office
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $66,017
Year Built
- Built in 1927
Lot Details
- 2.36 Acre Lot
- Gated Home
- Fruit Trees
- Lawn
- Property is in good condition
- Property is zoned E-1
Parking
- Garage
Property Views
- Ocean
- Peek-A-Boo
- Mountain
Home Design
- Mediterranean Architecture
- Raised Foundation
- Tile Roof
- Stucco
Interior Spaces
- 7,678 Sq Ft Home
- 2-Story Property
- Wet Bar
- Multiple Fireplaces
- Family Room
- Living Room with Fireplace
- Dining Room with Fireplace
- Formal Dining Room
- Home Office
- Library
- Sun or Florida Room
Kitchen
- Stove
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- Maid or Guest Quarters
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Fire and Smoke Detector
Pool
- Pool House
- Spa
- Outdoor Pool
Outdoor Features
- Patio
- Shed
- Built-In Barbecue
Schools
- Mont Union Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Additional Features
- Guest House
- Forced Air Heating System
Community Details
- Foothills
- Laundry Facilities
Listing and Financial Details
- Assessor Parcel Number 011-050-087
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 5, 2019
Closed on
Jan 8, 2020
Sold by
859 Montecito Llc
Bought by
Edwards John S
Seller's Agent
Crysta Metzger
Coldwell Banker Realty
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$7,995,000
Sold Price
$5,300,000
Premium/Discount to List
-$2,695,000
-33.71%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,100,418
Avg. Annual Appreciation
12.36%
Original Mortgage
$3,875,625
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 1, 2016
Closed on
Nov 8, 2016
Sold by
Humphrey Steven F and Grafton Sue
Bought by
859 Montecito Llc
Seller's Agent
Crysta Metzger
Coldwell Banker Realty
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$8,600,000
Sold Price
$6,142,500
Premium/Discount to List
-$2,457,500
-28.58%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.62%
Purchase Details
Closed on
May 9, 2011
Sold by
Humphrey Steven F and Grafton Sue
Bought by
Humphrey Steven F and Grafton Sue
Purchase Details
Closed on
Jun 14, 1995
Sold by
Karsten Clare
Bought by
Humphrey Steven F and Grafton Sue
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
7.5%
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 |
|---|---|---|---|
| Edwards John S | $5,167,500 | Fidelity National Title Co | |
| 859 Montecito Llc | $6,142,500 | Fidelity National Title Co | |
| Humphrey Steven F | -- | First American Title | |
| Humphrey Steven F | -- | Equity Title Company | |
| Humphrey Steven F | -- | Equity Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | John S Edwards Iii Living Trus | $6,000,000 | |
| Closed | Edwards John S | $3,875,625 | |
| Previous Owner | Humphrey Steven F | $1,000,000 | |
| Previous Owner | Humphrey Steven F | $1,800,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/13/2020 01/13/20 | Sold | $5,300,000 | -33.7% | $690 / Sq Ft |
| 12/16/2019 12/16/19 | Pending | -- | -- | -- |
| 05/09/2018 05/09/18 | For Sale | $7,995,000 | +30.2% | $1,041 / Sq Ft |
| 12/02/2016 12/02/16 | Sold | $6,142,500 | -28.6% | $800 / Sq Ft |
| 09/26/2016 09/26/16 | Pending | -- | -- | -- |
| 04/01/2016 04/01/16 | For Sale | $8,600,000 | -- | $1,120 / Sq Ft |
Source: Santa Barbara Multiple Listing Service
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 | $66,017 | $6,339,689 | $5,048,752 | $1,290,937 |
| 2023 | $66,017 | $6,093,512 | $4,852,703 | $1,240,809 |
| 2022 | $63,840 | $5,974,032 | $4,757,552 | $1,216,480 |
| 2021 | $63,971 | $5,997,496 | $4,546,620 | $1,450,876 |
| 2020 | $71,044 | $6,685,610 | $5,093,798 | $1,591,812 |
| 2019 | $69,237 | $6,554,520 | $4,993,920 | $1,560,600 |
| 2018 | $67,910 | $6,426,000 | $4,896,000 | $1,530,000 |
| 2017 | $66,683 | $6,300,000 | $4,800,000 | $1,500,000 |
| 2016 | $49,121 | $4,657,140 | $2,128,395 | $2,528,745 |
| 2014 | $47,447 | $4,497,330 | $2,055,359 | $2,441,971 |
Source: Public Records
Agents Affiliated with this Home
-
-
N
Buyer's Agent in 2020
Non Member Agent
Non Member Office
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 18-1639
APN: 011-050-087
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