For SaleRisky Deal9 days on market
569 E Montecito St
569 E Montecito St, Santa Barbara, CA 93103, Santa Barbara, CA 93103
$1,315,000
Estimate®:$1,293,700
Listing Price
569 E Montecito St, Santa Barbara, CA 93103
Loc: Santa Barbara, CA
Days Listed
9
Tax Assessed
$673k
Estimate®
$1294k
Market Rate
Lot Size
871 sqft
Rent Estimate
$6,789/mo
Est. Cash Flow base
Type
condo
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.
6
Washington Elementary School
K-6
2.5 mi away
3
Santa Barbara Junior High School
7-8
0.4 mi away
6
Santa Barbara Senior High School
9-12
0.7 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
Mediterraneanstucco exteriortownhomecourtyardterracotta roof tileslandscaped gardenmulti-storyarchitectural charmsuburbanoutdoor fire pitpaved walkwaycozy atmospheremulti-level
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.79%
Total ROI
41.1%
Cash Flow
$-2,674/mo
DSCR
0.61
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-2,674/mo net cash flow with a 3.8% 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 |
|---|---|---|---|
| 2026-09-15 | Listed for sale | $1,315,000 | $788 |
| 2025-09-18 | Listing removed | $5,550 | $3 |
| 2025-09-12 | Listed for rent | $5,550 | $3 |
| 2025-09-12 | Listing removed | $5,550 | $3 |
| 2025-08-12 | Price change | $5,550 | $3 |
| 2025-07-28 | Price change | $5,995 | $4 |
| 2025-07-18 | Price change | $6,500 | $4 |
| 2025-06-18 | Price change | $6,950 | $4 |
| 2025-06-06 | Price change | $7,400 | $4 |
| 2025-05-30 | Listed for rent | $7,900 | $5 |
| 2011-12-22 | Sold | $525,000 | $315 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $672,606 |
| 2025 | $6,997.88 | $659,419 |
| 2024 | $6,877.82 | $646,490 |
| 2023 | $6,752.66 | $633,815 |
| 2022 | $6,636.36 | $621,388 |
| 2021 | $6,482.8 | $609,205 |
| 2020 | $6,415.82 | $602,959 |
| 2019 | $6,304.08 | $591,137 |
| 2018 | $6,214.78 | $579,547 |
| 2017 | $6,009.58 | $568,184 |
| 2016 | $5,926.2 | $557,044 |
| 2015 | $5,766.6 | $548,678 |
| 2014 | $5,766.6 | $537,931 |
| 2012 | $0 | $525,000 |
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