NOT LISTED FOR SALE

175 Tiburon Bay Ln Santa Barbara, CA 93108

Estimated Value: $7,239,000 - $18,389,215

5 Beds
7 Baths
-- Sq Ft
5 Acres

Last Sold January 17, 2025

Last sale price $20,000,000

Est. 43% decrease in value since last sale

Current estimated payment $70,138/month

About This Home

As of January 2025

For statistical purposes only.

Last Listed By

Marsha Kotlyar Estate Group

Berkshire Hathaway HomeServices California Properties License #01426886 Listed on: 01/18/2025

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $78,322

Year Built

  • Built in 2017

Lot Details

  • 5 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

  • Mont Union Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 007-340-057

Home Details

Home Type

Single Family

Est. Annual Taxes

$78,322

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 2017
  • Reso Property Sub Type: Home/Estate
  • Property Information Year Built2: 2017
  • Property Information Apx # Acres: 5.0
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5

Exterior Features

  • Acres: 5.0

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Mont Union
  • High School: S.B. Sr.
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 007-340-057
  • Zoning: R-1
  • Lot Size Sq Ft: 217800.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2025
Closed on
Dec 23, 2024
Sold by
Parton 2004 Family Trust and Parton Lindsay Allyn
Bought by
Montecito Farm Llc
Seller's Agent
Marsha Kotlyar Estate Group
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Sally Hanseth
Sotheby's International Realty
List Price
$22,500,000
Sold Price
$20,000,000
Premium/Discount to List
-$2,500,000
-11.11%
Current Estimated Value
$11,418,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,581,262
Avg. Annual Appreciation
-87.45%
Original Mortgage
$14,000,000
Outstanding Balance
$13,856,078
Interest Rate
6.1%
Mortgage Type
New Conventional
Estimated Equity
-$2,437,340

Purchase Details

Closed on
Mar 9, 2015
Sold by
Parton Lindsay Allyn and Parton Laura Lee
Bought by
The Parton 2004 Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,750,000
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 29, 2010
Sold by
Morse Charles and Morse Alexandra
Bought by
Parton Lindsay Allyn and Parton Laura Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,840,000
Interest Rate
4.45%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 14, 2003
Sold by
Montecito Avocado Ranch
Bought by
Mezzio Joseph

Range of Values:

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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
Montecito Farm Llc $20,000,000 Chicago Title Company
Montecito Farm Llc $20,000,000 Chicago Title Company
The Parton 2004 Family Trust -- Fidelity National Title Co
Parton Lindsay Allyn $2,000,000 Fidelity National Title Co
Mezzio Joseph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montecito Farm Llc $14,000,000
Closed Montecito Farm Llc $14,000,000
Previous Owner Parton 2004 Family Trust $2,275,000
Previous Owner Parton Lindsay Allyn $7,500,000
Previous Owner Parton Laura L $0
Previous Owner Parton Lindsay Allyn $5,450,000
Previous Owner The Parton 2004 Family Trust $4,750,000
Previous Owner Parton Lindsay Allyn $1,300,000
Previous Owner Parton Lindsay Allyn $2,840,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2025 01/18/25 For Sale $22,500,000 +12.5% --
01/17/2025 01/17/25 Sold $20,000,000 -- --
01/17/2025 01/17/25 Pending -- -- --
Source: Santa Barbara Multiple Listing Service

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
2023 $78,322 $7,234,954 $2,494,000 $4,740,954
2022 $75,884 $7,093,094 $2,445,099 $4,647,995
2021 $74,317 $6,954,014 $2,397,156 $4,556,858
2020 $67,584 $6,300,000 $2,000,000 $4,300,000
2019 $66,615 $6,300,000 $2,000,000 $4,300,000
2018 $67,540 $6,389,834 $2,168,974 $4,220,860
2017 $68,755 $6,500,083 $2,235,734 $4,264,349
2016 $34,563 $3,354,521 $2,192,877 $1,161,644
2015 $22,095 $2,132,008 $2,110,689 $21,319
2014 $21,564 $2,090,246 $2,069,344 $20,902
Source: Public Records

Agents Affiliated with this Home

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Source: Santa Barbara Multiple Listing Service

MLS Number: 25-270

Santa Barbara Multiple Listing Service

APN: 007-340-057