Updated Dec 19, 2023
Graham Duncan Acquires Montecito SFR For $19.4M From Seller Lisa Hearst Hagerman
1630 E Mountain Dr, Montecito, CA, USA
$19,400,000
$1,941/SF
Building Size
9,991 SF
Asset Type
Single Family Residence
Closing
Mar 17, 2021
About this deal
AI
1630 E. Mountain Dr. in Montecito has been sold for $19,400,000. This single-family residential property spans 9,991 square feet, resulting in a price per square foot of $1,941. The sale took place on 03/18/2021.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $19,400,000
- Address: 1630 E. Mountain Dr.
- Market: Montecito
Graham Duncan acquired the property from Lisa Hearst Hagerman. The purchase was facilitated by Cristal Clarke from Berkshire Hathaway.
The single family residence sale at 1630 E Mountain Dr, Montecito, CA, USA in Santa Barbara, California sold for $19.4M in 2021. The building is 9,991 square feet, implying about 1.9K per square foot on the published price. Cristal Clarke, Berkshire Hathaway HomeServices appear on the sale alongside Berkshire Hathaway HomeServices. This page is the Santa Barbara, California file for the 1630 E Mountain Dr, Montecito, CA, USA single family residence sold: pricing, party profiles, and other closed single family residence comps from the same Santa Barbara sit in the Market section below. Filter that Santa Barbara single family residence set by closing date to see what else sold near 1630 E Mountain Dr, Montecito, CA, USA around 2021. Published consideration for 1630 E Mountain Dr, Montecito, CA, USA is $19.4M, dated 2021. Cite this Graham Duncan Acquires Montecito SFR For $19.4M From Seller Lisa Hearst Hagerman sale when underwriting similar single family residence product around Santa Barbara, California.
Santa Barbara Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.9K per square foot on a published $19.4M for 9,991 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.82%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93