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
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