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Ellen DeGeneres & Portia de...

Ellen DeGeneres & Portia De Rossi Sell Montecito Single Family Home For $5.1M
SOLDSingle Family

Ellen DeGeneres & Portia De Rossi Sell Montecito Single Family Home For $5.1M

$5,100,000

$2,236/SF

Building Size

2,280 SF

Asset Type

Single Family

Closing

Mar 16, 2023

AI

A single-family property located in Montecito was recently sold for a price of $5,100,000. The property spans 2,280 square feet and sits on a 0.19-acre lot. The transaction took place on March 16, 2023. The property was owned by Ellen DeGeneres and Portia de Rossi, who were represented by Riskin Partners Group from Village Properties. Ewy Axelsson from Village Properties served as the buyer's representative.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $5,100,000
  • Market: Montecito
  • Asset Type: Single Family
  • Acres: 0.19
  • Square Feet: 2,280
  • Seller: Ellen DeGeneres & Portia de Rossi
  • Seller's Representative: Riskin Partners Group - Village Properties
  • Buyer's Representative: Ewy Axelsson - Village Properties
  • Price per Square Foot: $2,237

The sale of this property in Montecito involved notable individuals, including Ellen DeGeneres and Portia de Rossi as the sellers. Riskin Partners Group, representing the sellers, facilitated the transaction, while Ewy Axelsson from Village Properties acted as the buyer's representative. The property, with its 2,280 square feet of living space and 0.19-acre lot, attracted a sale price of $5,100,000.

Players

Ewy Axelsson

Broker

$5.1M

vol

1 deal

Broker

Market Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.11%

Cash-on-Cash

-0.89%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93