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464 Meadowbrook Drive

464 Meadowbrook Drive, Santa Barbara, CA 93108
Sold Feb 12, 2020
$2,838,000
$1,844,700 by First Republic Bank
Mortgage Due Mar 01, 2050
Sold Sep 25, 2014
$2,400,000
$450,000 by Prospect Mortgage Llc
Mortgage Due Oct 01, 2044
464 Meadowbrook Drive in Santa Barbara, CA was first built in 1991 and is 33 years old. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 464 Meadowbrook Drive has 2,813 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 13,939 square feet.

Learn more about the property and building on this page. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Feb 7, 2020 for $2,838,000. That's $1,008.89 per sqft. Prior to that sales transaction, the property was also sold in Sep 17, 2014 for $2,400,000. 464 Meadowbrook Drive was last assessed in 2023. The total value of the property was assessed at $2,983,242. Specifically, the land the property is located on was valued at $1,681,885. While improvements on the property were assessed at a total of $1,301,357. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $31,759. The initial tax year of delinquency was in 2022. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,939
  • Total Building Area: 2,813
  • Building Area: 2,813
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,813
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RS 148 65
  • Land Acres: 0.32
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : REES FRANK J
  • Current Owner 2: REES MARLO C
  • Previous Owner : FAIRBANKS CHARLES W
  • Previous Owner 2: CWF TRUST
  • Owner Before Previous Owner: ROBERTS KAREN M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Montecito Union Elementary School District
  • Census Tract: 001500

Zoning

  • Zoning: PRD

Geography

  • Parcel: 007-540-075
  • Lot: 11
  • Municipality: MONTECITO COUNTY
  • Latitude: 34.4348
  • Longitude: -119.619

    Address

  • Full Address: 464 Meadowbrook Dr
  • Address - House Number: 464
  • Address - Street Name: Meadowbrook
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Santa Barbara
  • Carrier Code: C028
  • 4-Digit Zip Code: 2687
  • Zip Code: 93108

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $31,759
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 78-012

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 4,484,523
  • High Value: 5,291,715
  • Low Value: 3,677,331

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,844,700
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Feb 12, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,844,700
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,983,242
  • Assessed Land Value: $1,681,885
  • Assessed Improvements Value: $1,301,357

    Sales

  • Current Sale Contract Date: Feb 07, 2020
  • Current Sale Recording Date: Feb 12, 2020
  • Current Sale Transaction ID: 11724597014
  • Current Sale Price: $2,838,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020-0007198
  • Previous Sale Recording Date: Sep 25, 2014
  • Previous Sale Contract Date: Sep 17, 2014
  • Previous Sale Amount: $2,400,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Feb 12, 2020
  • First Mortgage Loan Amount: $1,844,700
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: PROSPECT MORTGAGE LLC
  • Previous Mortgage Transaction Date: Sep 25, 2014
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $450,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Oct 01, 2044

About Montecito



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Frequently Asked Questions

What neighborhood is 464 Meadowbrook Drive located in?
The 464 Meadowbrook Drive is a house located in the neighborhood of Santa Barbara in Montecito, Santa Barbara.
What is the average sales price for listings in 464 Meadowbrook Drive?
The average sales price for units in 464 Meadowbrook Drive is $0 currently.

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