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800 Carosam Rd
Score
77
Santa Barbara, CA

800 Carosam Rd

9.9M
5 bd • 5 ba • 5,025 sf

This analysis was generated on 3/30/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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Property Overview

List Price
$9,900,000
+120%vs 93110
Price/Sq.Ft
$1,970
+74%vs 93110
Above Fair Value
1.0% above range

Current Price

$9,900,000

Fair Range

$9,500,000 - $9,800,000

$9,900,000
Below Market-20%
Above Market+20%

Negotiation Leverage

4 points to consider in your offer

Recommended Offer

$9,650,000
Success Probability:High(65%)

AI Rationale

Balances market value with needed repairs and risks. The seller's motivation and market transition support this offer.

Overall Score
77
78
Home Condition
85
Natural Light
83
Value
68
Location

Visual Insights

AI-analyzed spaces with reimagining capabilities

Outdated Kitchen
Outdated Kitchen

Outdated Kitchen

The kitchen features outdated appliances and countertops, which detract from the overall appeal.

Bedroom Carpet
Bedroom Carpet

Bedroom Carpet

The carpet in the bedroom appears dated and may harbor allergens.

Yellow Window Trim
Yellow Window Trim

Yellow Window Trim

The yellow window trim in the bedroom is an outdated color choice.

Dated Fireplaces
Dated Fireplaces

Dated Fireplaces

The red and turquoise fireplaces appear dated and may not appeal to all buyers.

Gravel Driveway
Gravel Driveway

Gravel Driveway

The gravel driveway is not ideal for all vehicles and requires maintenance to keep it tidy.

Renovation Assessment

Prioritized renovations based on property inspection and market impact.

High Priority Renovations

$30,000

Kitchen Renovation

$30,000
High

Note: these are rough estimates. For more accurate estimates, please contact a professional.

Ownership History

Previous ownership changes and transaction details

Apr
1998
$0Cash Purchase
April 6, 1998
From:Ann Holmes Terrell
To:Ann Holmes Terrell, The Ann Holmes Terrell 1998 Trust
Intrafamily Transfer
Non-Arm's Length Transactions

Monthly Costs

Interactive breakdown of estimated monthly expenses

Monthly Cost
$0123456789012345678901234567890123456789
$9,900,000
-30%List: $9,900,000+30%
20%
$1,980,000of $9,900,000
7%
1%15%
* Estimates based on a 30-year fixed mortgage. Property tax rate: 1.2%, Home insurance: $1,000/year

Upfront Transaction Costs

Estimated costs due at closing, including down payment and fees

Total Due at Closing
$2,629,350
Closing Costs
+$649,350
Down Payment
$1,980,000
Buyer Agent Fee
$252,450
Loan Fees
$79,200
Title & Escrow
$59,400
Inspections
$900
Transfer Tax
$108,900
Prepaid Expenses
$148,500

* Estimated costs based on typical rates. Actual costs may vary by location, lender, and transaction details.

** Buyer agent fees are negotiable and may sometimes be covered by the seller.

Buyer Power Index

5
/10
Limited Buyer Power
Market Speed
0 days
vs 32 day average
This is a new listing, while homes in this area typically sell in 32 days
Inventory Health
29
homes for sale
5 homes sold last month, indicating 5.8x more supply than demand
Price Dynamics
97.6%
of asking price
Homes typically sell for 2.4% below asking price

Price Trajectory

$1,817,500
Current median price
+166.6%
Year over year
Cooling
Heating
Market favors buyers
Market favors sellers
Market Is stable
Prices are up 1.0% over the last 3 months
3 Months
+1.0%
6 Months
+4.9%
1 Year
+166.6%

Historical Market Pulse

Key metrics over time, revealing market momentum and patterns

Negotiation Insight

Home sales decreasing 35.3% over the past 3 months suggests growing buyer leverage.

Historical Comparison
Current Value
$1,817,500
3 Months Ago
$1,055,000
+72.3%
Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$9,900,000
Price/sqft
$1,970
Layout
5 bd5 ba
NaN

Stats in the Area

Based on 3 comparable properties nearby

Average Price

$6,225,833

59.0%

Your price is 59.0% above average

Median Price

$9,325,000

6.2%

Based on 3 recent sales

Price per Sq.Ft

$1,047

88.2%

Your price is 88.2% above average $/sqft

Comparable Properties

4241 Mariposa Drive, SANTA BARBARA, CA 93110
Price: $27,500
Sq.Ft: 4,766
Beds/Baths: 4/5
$/Sq.Ft:
$699.7%
Sale Date: 11/9/2024
4178 Cresta Avenue, SANTA BARBARA, CA 93110
Price: $9,325,000
Sq.Ft: 5,949
Beds/Baths: 4/6
$/Sq.Ft:
$1,56720.4%
Sale Date: 1/23/2025
4178 Cresta Avenue, SANTA BARBARA, CA 93110
Price: $9,325,000
Sq.Ft: 5,949
Beds/Baths: 4/6
$/Sq.Ft:
$1,56720.4%
Sale Date: 1/21/2025

Schools

Details about nearby schools in this area

Climate Risks

Assessment of climate-related hazards for this property

Major Risk Profile

This property has 0 severe, 1 major, and 2 moderate risk factors

Climate risk data is based on historical patterns and projections. Consider consulting with insurance providers and local experts for property-specific assessments.

Safety Analysis

65/100
Good

Based on data from Goleta Police Department

Total Crime Rate
729.5
per 100,000 residents
Violent Crime Rate
219.5
per 100,000 residents
Property Crime Rate
503.0
per 100,000 residents

Crime Rate Comparison

Recent Crime Trends

2022
Violent Crimes
225
Property Crimes
545
2023
Violent Crimes
214
4.9%
Property Crimes
475
12.8%

Sunlight Analysis

Data provided by Shadowmap

Loading sunlight data...

Tour Checklist

Key items to inspect during your property tour

Inspect the roof closely for any signs of damage, such as missing or cracked tiles, especially given the age of the property (1907).

Thoroughly inspect the foundation for cracks, settling, or signs of water intrusion, particularly in the basement or crawl spaces.

Questions to Ask

Important questions to ask during the tour

Can you provide any documentation regarding past flood mitigation efforts or insurance claims related to flooding?

Are there any known issues with the foundation, plumbing, electrical, or heating systems?

Given the fire risk, what fire mitigation strategies are currently in place, and what is the insurance cost?

Showing critical items first. Click any item to see why it's important. Red icons indicate highest priority items that should not be missed.

Property Discussion

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