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505 Mountain Dr

Santa Barbara, CA 93103

4 bd 3 ba 2,308 sqft Built 1961 Lot 43,560 sqft single_family
Most recent sale
$2,850,000
Oct 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 1, 2023 Sold $3,500,000 Public Record
Oct 18, 2022 Sold $2,850,000 Public Record
Aug 31, 2022 Listed $3,300,000 MLS #22-195029
Feb 2, 2022 Sold $2,150,000 MLS #21-110045
Dec 1, 2021 Listed $2,300,000 MLS #21-4301
Mar 9, 2007 Sold $1,925,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,096,307 $1,215,678 $2,311,985 $24,451
2024 $1,096,307 $1,215,678 $2,311,985 $24,030
2023 $1,053,737 $1,168,473 $2,222,210 $23,591
2022 $1,050,000 $1,100,000 $2,150,000 $22,953
2021 $1,040,000 $1,125,000 $2,165,000 $23,030
2020 $904,000 $978,000 $1,882,000 $20,035
2019 $904,000 $978,000 $1,882,000 $20,076
2018 $904,000 $978,000 $1,882,000 $20,185
2017 $861,000 $931,000 $1,792,000 $18,960
2016 $820,000 $887,000 $1,707,000 $17,978
2015 $804,000 $870,000 $1,674,000 $17,703
2014 $731,000 $791,000 $1,522,000 $16,163
2013 $664,580 $719,100 $1,383,680 $14,712
2012 $664,580 $719,100 $1,383,680 $14,549
2010 $664,580 $719,100 $1,383,680 $14,477
2009 $707,000 $765,000 $1,472,000 $15,391
2008 $786,000 $850,000 $1,636,000 $17,033
2007 $434,856 $771,847 $1,206,703 $12,412

Property facts

Year built
1961
Property type
single_family
Stories
Beds
4
Baths
3
Living area
2,308 sqft
Lot size
43,560 sqft
ZIP code
93103
City
Santa Barbara
Street
Mountain Dr
Coordinates
34.44550, -119.69632

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$17,100
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 505 Mountain Dr last sell?
505 Mountain Dr most recently sold on Oct 18, 2022 for $2,850,000.
What is the current tax assessment for 505 Mountain Dr?
The most recent total assessment for 505 Mountain Dr (year 2025) is $2,311,985 with $24,451 in property tax.
How does 505 Mountain Dr's assessment compare to its last sale price?
The current assessment is 18.9% below the last sale price of $2,850,000.
When was 505 Mountain Dr built?
505 Mountain Dr was built in 1961.
How does 505 Mountain Dr compare to others on Mountain Dr?
We track 8 other properties on Mountain Dr. Browse the list under "Other properties on Mountain Dr" to compare beds, baths, and sale history.
What are the property facts for 505 Mountain Dr?
505 Mountain Dr is a 4 bed, 3 bath, 2,308 sqft, 43,560 sqft lot single_family.
Is 505 Mountain Dr a flip candidate?
Yes — 505 Mountain Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 505 Mountain Dr a tax-appeal candidate?
No — 505 Mountain Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-8.4%
Implied 1-yr
-33.4%
2026 Q1
$1.31M
2026 Q2
$1.31M
ZIP 93103 — Median Price History + Forecast

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