859 Picacho Lane

Local assessors in Santa Barbara, CA have categorized 859 Picacho Lane as a residential type of property. The home was built in 1927 and is 97 years old. The property's lot size has been calculated to be 110,642 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Mediterranean style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 47 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 5 full bathrooms. There are also 6 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 859 Picacho Lane has a total of 7,318 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 859 Picacho Lane sold most recently in Jan 8, 2020 for a total of $5,167,500. If you work out the math, that's approximately a cost of $706.14 per sqft. Before that, the property was also sold for $6,142,500 in Nov 8, 2016. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $63,840 in taxes each year. The initial year of tax delinquency occurred in 2022. 859 Picacho Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $6,093,512. If we break it down further, the land itself was valued at $4,852,703. Improvements to the property, however, were assessed at a total of $1,240,809. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.