For SaleRisky Deal1 days on market
2848 Foothill Rd
2848 Foothill Rd, Santa Barbara, CA 93105, Santa Barbara, CA 93105
$1,750,000
Estimate®:$1,695,400
Listing Price
2848 Foothill Rd, Santa Barbara, CA 93105
Loc: Santa Barbara, CA
Days Listed
1
Tax Assessed
$1112k
Estimate®
$1695k
Market Rate
Lot Size
6,970 sqft
Rent Estimate
$3,940/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
7
Roosevelt Elementary School
K-6
0.9 mi away
3
Santa Barbara Junior High School
7-8
2.2 mi away
6
Santa Barbara Senior High School
9-12
1.9 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranchstucco exteriorminimalistmodernizedsingle-storytiled porchdrivewayresidentialneutral tonescasement windowsgabled roofclean linesasphalt shinglesoutdoor lighting
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
1.00%
Total ROI
-19.3%
Cash Flow
$-7,616/mo
DSCR
0.16
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-7,616/mo net cash flow with a 1.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Santa Barbara, CA
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-23 | Listed for sale | $1,750,000 | $1,275 |
| 2024-05-30 | Sold | $910,000 | $663 |
| 2024-04-30 | Pending sale | $875,000 | $637 |
| 2024-04-24 | Listed for sale | $875,000 | $637 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $1,111,623 |
| 2025 | $10,148.76 | $928,200 |
| 2024 | $1,241.86 | $83,094 |
| 2023 | $1,224.36 | $81,466 |
| 2022 | $1,208.2 | $79,870 |
| 2021 | $1,185.66 | $78,305 |
| 2020 | $1,176.36 | $77,503 |
| 2019 | $1,156.68 | $75,985 |
| 2018 | $1,138.92 | $74,496 |
| 2017 | $1,094.24 | $73,036 |
| 2016 | $1,138.36 | $71,605 |
| 2015 | $1,589.52 | $70,530 |
| 2014 | $1,589.52 | $69,150 |
| 2012 | $0 | $67,489 |
| 2011 | $0 | $66,166 |
| 2010 | $0 | $65,672 |
| 2009 | $0 | $65,829 |
| 2008 | $0 | $64,540 |
| 2007 | $0 | $63,276 |
| 2006 | $0 | $62,036 |
| 2005 | $0 | $60,821 |
| 2003 | $0 | $58,537 |
| 2002 | $0 | $57,390 |
| 2001 | $0 | $56,266 |
| 2000 | $0 | $55,164 |
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