Sold Apr 16, 2021
$19,100,000
$4,000,000
by First Republic Bank
Mortgage Due Aug 26, 2046
Sold Apr 29, 2005
Transfer
Buyer
Seller
771 Garden Lane has been categorized by the local assessors in Santa Barbara, CA as a residential type of property.
The building on the property was first built in 1999 and is 25 years old.
The home has a total of 4 bedrooms.
Residents will have access to 6 full bathrooms.
There are 7 partial bathrooms in the home.
In addition, 771 Garden Lane has 11,170 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building.
The area measurement of the land has been determined as 242,194 square feet.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Love to swim? You'll be excited to find out that there is a pool on the property. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 771 Garden Lane sold most recently in Apr 6, 2021 for a total of $19,100,000. If you work out the math, that's approximately a cost of $1,709.94 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $204,965 in taxes each year. The initial year of tax delinquency occurred in 2022. 771 Garden Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $19,871,640. If we break it down further, the land itself was valued at $8,843,400. Improvements to the property, however, were assessed at a total of $11,028,240. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Love to swim? You'll be excited to find out that there is a pool on the property. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 771 Garden Lane sold most recently in Apr 6, 2021 for a total of $19,100,000. If you work out the math, that's approximately a cost of $1,709.94 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $204,965 in taxes each year. The initial year of tax delinquency occurred in 2022. 771 Garden Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $19,871,640. If we break it down further, the land itself was valued at $8,843,400. Improvements to the property, however, were assessed at a total of $11,028,240. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.
This property description is generated based on publicly available data.