497 Monarch Ln Santa Barbara, CA 93108

$2,860,000 Sold Price as of 04/25/2019

2 Beds
2 Baths
2,844 Sq.Ft.

Off Market

$2,860,000 Sold Price as of 04/25/2019 Refinance Your Mortgage

Map preview of 497 Monarch Ln, Santa Barbara, CA 93108

Property Overview: 497 Monarch Ln Santa Barbara, CA has 2 bedrooms, 2 bathrooms, 2,844 living square feet and 11,325 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

497 Monarch Ln is currently an off market home in the city of Santa Barbara. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Santa Barbara has a median list price of $3,800,000. The median price per/sqft for Santa Barbara is $1,492. With those numbers in mind, if you are looking to purchase a median priced home in Santa Barbara, CA and put 20% down you will need to save up $760,000 for the down payment and will need roughly $76,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Santa Barbara the commission could be as much as $131,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 497 Monarch Ln

Last sold for $2,860,000 on April 25th, 2019

April, 2019
Apr 25, 2019

Date

Sold (Public Records)

Public Records

$2,860,000

Price
April, 2013
Apr 9, 2013

Date

Sold (Public Records)

Public Records

$2,100,000

Price

Tax History for 497 Monarch Ln

Assessed Value (2020): $2,917,200

Year	Land Value	Improved Value	Assessed Value
2020	$1,530,000	$1,387,200	$2,917,200

About 497 Monarch Ln

Detailed summary of property

497 Monarch Ln is a single family home in Santa Barbara, CA 93108 and last sold on April 25, 2019 for $2,860,000. This house has 2 bedrooms, 2 bathrooms, roughly 2,844 living square feet, and sits on an approximately 11,325 square foot lot. Homes in Santa Barbara are selling for a median price of $2,620,000 and a median price per square foot of $1,027. Based on Ardent Real Estate Group's Santa Barbara Market Data, this home is sold 9.16% higher than the current median priced home. 497 Monarch Ln was last sold on April 25, 2019 for $2,860,000. Local nearby listings include 2436 Arbutus Dr, 2253 Canyonback Rd and 13187 Chalon Rd. The average home in Santa Barbara, CA is selling in 66 days. There are currently 45 homes for sale in the Santa Barbara real estate market and 39 of them are single family homes while 6 of them are condos and 0 are townhomes. If you are the homeowner and looking to sell the home at 497 Monarch Ln Santa Barbara, CA 93108 contact Ardent Real Estate Group and we will put you in touch with one of our Santa Barbara agents.

Public Facts for 497 Monarch Ln

Public county record property details

Beds: 2
Baths: 2
Year built: 1991
Sq. Ft.: 2,844
Lot Size: 11,325
Stories: --

Type: Single Family Residential
Pool: No
Spa: No
County: Santa Barbara
Lot#: 3
APN: 007-540-081

The source for these homes facts are from public records.

93108 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$6,595,000

Median List Price/Sq.Ft.

$2,134

Median Sold Price

$8,200,000

Median Sold Price/Sq.Ft.

$1,741

Total Inventory

Median Sale to List Price %

86.32%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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(714) 706-1823

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