For SaleRisky Deal3 days on market
511 Miramonte Dr
511 Miramonte Dr, Santa Barbara, CA 93109, Santa Barbara, CA 93109
$2,295,000
Estimate®:$2,238,200
Listing Price
511 Miramonte Dr, Santa Barbara, CA 93109
Loc: Santa Barbara, CA
Days Listed
3
Tax Assessed
$1377k
Estimate®
$2238k
Market Rate
Lot Size
6,970 sqft
Rent Estimate
$5,933/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.
3
McKinley Elementary School
K-6
0.2 mi away
6
La Cumbre Junior High School
7-8
1.8 mi away
8
San Marcos Senior High School
9-12
5.1 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
storybookcottageturretstuccobrickwood shingle roofarched doorwaylandscapedcozycharmingvintagetopiarycurb appeal
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
1.34%
Total ROI
-12.1%
Cash Flow
$-9,349/mo
DSCR
0.21
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-9,349/mo net cash flow with a 1.3% 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 | $2,295,000 | $1,628 |
| 2011-07-06 | Sold | $1,075,000 | $762 |
| 2011-03-25 | Price change | $1,195,000 | $848 |
| 2011-01-17 | Listed for sale | $1,495,000 | $1,060 |
| 1997-06-27 | Sold | $530,000 | $376 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $1,377,254 |
| 2025 | $14,205.72 | $1,350,250 |
| 2024 | $13,961.22 | $1,323,775 |
| 2023 | $13,706.44 | $1,297,819 |
| 2022 | $13,469.62 | $1,272,372 |
| 2021 | $13,158.8 | $1,247,425 |
| 2020 | $13,022.44 | $1,234,635 |
| 2019 | $12,794.24 | $1,210,428 |
| 2018 | $12,611.94 | $1,186,695 |
| 2017 | $12,194.12 | $1,163,427 |
| 2016 | $11,927.62 | $1,140,616 |
| 2015 | $11,796.04 | $1,123,484 |
| 2014 | $11,601.44 | $1,101,477 |
| 2012 | $0 | $1,075,000 |
| 2011 | $0 | $660,544 |
| 2010 | $0 | $655,608 |
| 2009 | $0 | $657,167 |
| 2008 | $0 | $644,282 |
| 2007 | $0 | $631,650 |
| 2006 | $0 | $619,266 |
| 2005 | $0 | $607,124 |
| 2003 | $0 | $584,313 |
| 2002 | $0 | $572,857 |
| 2001 | $0 | $561,626 |
| 2000 | $0 | $550,615 |
Similar Properties Nearby
Explore other investment opportunities in Santa Barbara.