For SaleRisky Deal15 days on market
2687 Montrose Pl
2687 Montrose Pl, Santa Barbara, CA 93105, Santa Barbara, CA 93105
$2,875,000
Estimate®:$2,783,200
Listing Price
2687 Montrose Pl, Santa Barbara, CA 93105
Loc: Santa Barbara, CA
Days Listed
15
Tax Assessed
$2787k
Estimate®
$2783k
Market Rate
Lot Size
10,454 sqft
Rent Estimate
$7,263/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
1.2 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
single-storyranch styleboard and batten sidingmid-century modernopen conceptindoor-outdoor livinggravel drivewaylandscaped gardenmountain viewsstone retaining wallminimalist aestheticlarge windowspalm treeserene atmosphere
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
1.01%
Total ROI
-19.3%
Cash Flow
$-12,505/mo
DSCR
0.16
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-12,505/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 |
|---|---|---|---|
| 2026-09-10 | Listed for sale | $2,875,000 | $1,647 |
| 2026-07-06 | Listing removed | $2,900,000 | $1,661 |
| 2026-05-06 | Listed for sale | $2,900,000 | $1,661 |
| 2026-03-16 | Listing removed | $2,825,000 | $1,618 |
| 2025-06-11 | Listed for sale | $2,825,000 | $1,618 |
| 2024-10-01 | Listing removed | $9,500 | $5 |
| 2024-09-20 | Price change | $9,500 | $5 |
| 2024-09-04 | Listing removed | $2,995,000 | $1,715 |
| 2024-08-14 | Price change | $2,995,000 | $1,715 |
| 2024-08-06 | Listed for sale | $3,095,000 | $1,773 |
| 2024-07-24 | Price change | $10,750 | $6 |
| 2024-06-17 | Price change | $12,000 | $7 |
| 2024-04-23 | Listed for rent | $15,000 | $9 |
| 2023-07-26 | Listing removed | $0 | – |
| 2023-06-17 | Price change | $15,000 | $9 |
| 2022-09-20 | Price change | $11,775 | $7 |
| 2022-09-08 | Listed for rent | $15,000 | $9 |
| 2022-06-30 | Sold | $2,575,000 | $1,475 |
| 2022-06-28 | Pending sale | $2,795,000 | $1,601 |
| 2022-06-15 | Price change | $2,795,000 | $1,601 |
| 2022-05-31 | Listed for sale | $2,995,000 | $1,715 |
| 2022-01-10 | Sold | $1,473,900 | $844 |
| 2011-03-13 | Listing removed | $2,575 | $1 |
| 2011-03-02 | Price change | $2,575 | $1 |
| 2011-01-28 | Price change | $2,650 | $2 |
| 2011-01-11 | Listed for rent | $2,750 | $2 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $2,787,261 |
| 2025 | $29,167.96 | $2,732,610 |
| 2024 | $28,674.92 | $2,679,030 |
| 2023 | $26,250.82 | $2,446,000 |
| 2022 | $15,999.06 | $1,473,800 |
| 2021 | $1,472.18 | $105,396 |
| 2020 | $1,459.94 | $104,316 |
| 2019 | $1,435.34 | $102,272 |
| 2018 | $1,413.62 | $100,268 |
| 2017 | $1,359.9 | $98,303 |
| 2016 | $1,396.2 | $96,376 |
| 2015 | $1,913.68 | $94,929 |
| 2014 | $1,913.68 | $93,070 |
| 2012 | $0 | $90,835 |
| 2011 | $0 | $89,055 |
| 2010 | $0 | $88,391 |
| 2009 | $0 | $88,602 |
| 2008 | $0 | $86,866 |
| 2007 | $0 | $85,164 |
| 2006 | $0 | $83,495 |
| 2005 | $0 | $81,859 |
| 2003 | $0 | $78,785 |
| 2002 | $0 | $77,241 |
| 2001 | $0 | $75,728 |
| 2000 | $0 | $74,244 |
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