Off Market

540 McLean Ln, Santa Barbara, CA 93108

Santa Barbara  |  93108  |  Birnam Wood

 Map²

3

Bed(s)

5.5

Bath(s)

5962

SqFt

0.71

Acres Lot

1993

Year Built

Single Family

Property


Description

This 3 bedrooms, 5.5 bathrooms Single Family is 5962 sqft in size, was built in 1993, and sits on a 0.71 Acres lot.


Birnam Wood

Subdivision

 Property History

Source

Event Date

Event

Status

Price

Price Change

COUNTY

1/1/1993

Built


PUBLIC

12/9/2005

Sold

$3,850,000


SBRMLS

6/25/2018

Listed For Sale

$5,950,000


CRMLS

6/25/2018

Listed For Sale

$5,950,000


SBRMLS

12/13/2018

Status Change

Inactive


SBRMLS

4/1/2019

Status Change

Active


SBRMLS

4/2/2019

Listed For Sale

$5,750,000


SBRMLS

8/27/2019

Price Reduced

$5,295,000

($455,000)


SBRMLS

10/18/2019

Status Change

Pending


PUBLIC

11/27/2019

Sold

$5,000,000

 Estimated Value

No Estimate - Insufficient Data

This estimate is an automated valuation, and should not be used to determine a final value on a property. For a more precise valuation, we recommend a CMA from a local and licensed real estate agent, or an appraisal from a local and licensed appraiser.

Additional Valuation Options

CMA

A comparative market analysis is an analysis conducted by licensed real estate agents to determine the value on a property that is being considered for sale or purchase. This analysis may include nearby properties that have recently sold, are pending sale, or are actively listed for sale. By considering the age, size, location, price, and quality of surrounding properties, a value of the subject property is determined. CMAs have the potential for bias since a real estate agent has a financial interest in the value that’s determined.

Appraisal

An appraisal is conducted by a licensed appraiser to determine the value of a subject property. It may include surrounding properties that have recently sold, are pending sale, or are actively listed for sale, and will consider the age, size, location, price, and quality of those properties to determine a value. It is a more thorough and systematic process than a CMA as an appraiser will generally survey the property, take measurements, and follow the specific guidelines of their governing body. An appraisal is considered more objective than a CMA as the appraiser is paid for the service of doing the appraisal, and does not have a financial interest in the value that’s determined.

 Subdivision Details

Birnam Wood - Santa Barbara, CA, 93108

Homes

142

Resiview

NA

Avg Age

32 yrs

Avg Sale (1yr)

$5,441,945

Avg Beds

3

Avg Baths

3.5

Avg Size

3845 ft²

Avg Lot

45738 ft²

This property has the same number of bedroom(s), 2 more bathroom(s), is 55.1% larger, has a 32.4% smaller lot, and is 1 year newer compared to the average for this subdivision.*

* Comparison based on data provided by listing agent (on active listings), public and private sources.

Nearby Subdivisions

Subdivision

Homes

Resiview

Avg Age

Avg Sale

Avg Beds

Avg Bths

Avg Size

Avg Lot

142

NA

32

$5,441,945

3

3.5

3845

45738


65

NA

65

$0

3

2

1474

7405

 Mortgage & Costs Calculator

Purchase Price:
$
Down Payment:
$
Loan Amount:
$
Interest Rate:
%
Loan Term:
Years
Property Tax:
%
Home Insurance (yr):
$
HOA Dues (mth):
$

Mortgage Payment:

Taxes/Insurance:

Monthly Total:


(Slide to Change Month)

 Nearby Schools

Rating

Name

Type

Grades

Distance


School data provided by GreatSchools.org

 Contact

Have a question, comment, or issue about this property? Perhaps you just love the site, aren't sure what some of the info means, or see something wrong like the number of bedrooms, or the subdivision details. We want to know.