NOT LISTED FOR SALE

974 Park Rd Montecito, CA 93108

Estimated Value: $6,681,000 - $7,618,175

2 Beds
2 Baths
2,291 Sq Ft
$3,143/Sq Ft Est. Value

About This Home

This home is located at 974 Park Rd, Montecito, CA 93108 and is currently estimated at $7,200,794, approximately $3,143 per square foot. 974 Park Rd 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
Dec 2, 2020
Sold by
Baroni Family 2011 Trust and Baroni Marco
Bought by
Marshall David J
Current Estimated Value
$7,200,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Outstanding Balance
$1,691,870
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$5,508,924

Purchase Details

Closed on
Oct 20, 2020
Sold by
Marshall Raphael
Bought by
Marshall David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Outstanding Balance
$1,691,870
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$5,508,924

Purchase Details

Closed on
Jun 24, 2011
Sold by
Baroni Marco and Owens Chelsea Brie Maslow
Bought by
Baroni Marco and Owens Chelsea Brie Maslow

Purchase Details

Closed on
Jul 1, 2010
Sold by
Baroni Marco
Bought by
Baroni Marco and Owens Chelsea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,570,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2007
Sold by
Mercy Me Llc
Bought by
Baroni Marco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,018,400
Interest Rate
8.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 2, 2005
Sold by
Risi Helena I
Bought by
Risi Joseph S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2005
Sold by
Risi Joseph S
Bought by
Mercy Me Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2005
Sold by
974 Park Lane Llc
Bought by
Risi Joseph S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2003
Sold by
Korten Christina M and Liebhold Peter C
Bought by
974 Park Lane Llc

Purchase Details

Closed on
Aug 30, 2002
Sold by
Korten Christina M and Liebhold Peter C
Bought by
974 Park Lane Llc

Purchase Details

Closed on
Jul 19, 2002
Sold by
Liebhold Klaus G
Bought by
Korten Christina M and Liebhold Peter C

Purchase Details

Closed on
Jun 30, 1999
Sold by
Liebhold Klaus G
Bought by
Liebhold Klaus G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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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
Marshall David J $3,855,000 Chicago Title
Marshall David J -- Chicago Title
Baroni Marco -- None Available
Baroni Marco -- Fidelity National Title Co
Baroni Marco -- Fidelity National Title Co
Risi Joseph S -- Chicago Title Company
Mercy Me Llc -- Chicago Title Company
Risi Joseph S -- Chicago Title Company
974 Park Lane Llc -- --
Korten Christina M -- --
974 Park Lane Llc -- --
Korten Christina M -- --
Liebhold Klaus G -- --
Liebhold Klaus G -- --
Liebhold Klaus G -- --
Liebhold Klaus G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marshall David J $1,900,000
Previous Owner Marshall David J $1,900,000
Previous Owner Baroni Marco $1,570,000
Previous Owner Baroni Marco $2,018,400
Previous Owner Risi Joseph S $1,500,000
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
2025 $66,890 $6,606,019 $4,775,436 $1,830,583
2023 $66,890 $5,914,000 $4,275,000 $1,639,000
2022 $40,738 $3,932,100 $2,397,000 $1,535,100
2021 $39,869 $3,855,000 $2,350,000 $1,505,000
2020 $36,131 $3,492,000 $2,333,000 $1,159,000
2019 $36,131 $3,492,000 $2,333,000 $1,159,000
2018 $38,028 $3,676,000 $2,456,000 $1,220,000
2017 $38,129 $3,676,000 $2,456,000 $1,220,000
2016 $35,976 $3,501,000 $2,339,000 $1,162,000
2014 $34,177 $3,307,000 $2,129,000 $1,178,000
Source: Public Records

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