NOT LISTED FOR SALE

1416 S State St Ukiah, CA 95482

Estimated Value: $3,075,457

60 Beds
-- Bath
24,648 Sq Ft
$125/Sq Ft Est. Value

Last Sold August 18, 2017

Last sale price $3,360,000 $136 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $19,857/month

1 Day on Market

Highlights

  • Mountain View
  • Fenced Yard
  • Tile Flooring

About This Home

As of August 2017

This is a 20-unit apartment complex comprised of four two-story buildings- 2- 4 plexes and 2- 6 plexes. All units are 3 bedroom, 2 bath, 1,146 sq.ft. Each unit is separately metered.

Last Agent to Sell the Property

Glenys Simmons

RE/MAX Gold - Selzer and Assoc License #01064515 Listed on: 08/16/2017

RE/MAX Gold - Selzer and Assoc

Last Buyer's Agent

Glenys Simmons

RE/MAX Gold - Selzer and Assoc License #01064515 Listed on: 08/16/2017

RE/MAX Gold - Selzer and Assoc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 1.41 Acre Lot
  • Fenced Yard

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 24,648 Sq Ft Home
  • Mountain Views
  • Fire and Smoke Detector
  • Laundry in unit

Flooring

  • Carpet
  • Tile

Parking

  • Carport
  • Uncovered Parking
  • Off-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Natural Gas Connected
  • Individual Gas Meter
  • Separate Water Meter
  • Gas Water Heater
  • Cable TV Available
  • TV Antenna

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer, water
  • Assessor Parcel Number 003-390-53-00

Community Details

Overview

  • 4 Buildings
  • 20 Units

Building Details

  • Gross Income $256,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Directions To Property: State Street
  • Lot Size Acres: 1.4100
  • Actual or Scheduled: Scheduled
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Electric Water Heater, Gas Water Heater
  • Flooring: Carpet, LVYN, Tile
  • Price Per Square Foot: 136.32
  • Square Footage: 24648
  • NumberOfBuildings: 4

Exterior Features

  • Foundation: Slab
  • Roof: Composition
  • ExteriorFeatures: Fenced Yard, Yard Space
  • View: Mountains

Garage/Parking

  • Parking Features: Carport, Off Street, Uncovered

Utilities

  • Cooling: Wall Unit(s)
  • Security Features: Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Dish Antenna, Cable Available, All Electric, Natural Gas Connected, PGEE
  • Water Source: Public
  • Laundry Features: In Each Unit
  • Separate Meters: Electricity, Gas, Water

Association/Amenities

  • Association Features: None

Lot Info

  • Assessor Parcel Number: 003-390-53-00
  • Lot Size Sq Ft: 61420

Rental Info

  • TenantPays: Electricity, Gas, Sewer, Water

Building Info

  • Year Built: 1988

Multi Family

  • Three Bedroom Annual Occupancy: 100
  • Three Bedroom Rent Range: 1100-1200
  • Number Of3 Bedrooms Occupied: 20
  • Number of 3 Bedroom Units: 20
  • NumberOfUnitsTotal: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2024
Sold by
Rci Alderwood Llc
Bought by
Rci Alderwood Owner Llc
Current Estimated Value
$3,075,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,476,000
Outstanding Balance
$5,432,850
Interest Rate
6.78%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$2,357,393

Purchase Details

Closed on
May 25, 2021
Sold by
Gutknecht Harold John
Bought by
Gutknecht Messina 2016 Trust and Gutknecht

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,026,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 19, 2021
Sold by
Anderson Paul and Messina Gerald F
Bought by
Rci Alderwood Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,026,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 16, 2017
Closed on
Aug 10, 2017
Sold by
1416 State Street Llc
Bought by
Gutknecht Harold J and Messina Gerald F
Seller's Agent
Glenys Simmons
RE/MAX Gold - Selzer and Assoc
Buyer's Agent
Glenys Simmons
RE/MAX Gold - Selzer and Assoc
List Price
$3,360,000
Sold Price
$3,360,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.05%
Original Mortgage
$2,182,500
Interest Rate
3.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 12, 2006
Sold by
Bruington Eugene and Kvasnicka John
Bought by
1416 State Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,081
Interest Rate
6.22%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 17, 2003
Sold by
Mendenhall John Ross and Hill Anne
Bought by
Bruington Eugene and Kvasnicka John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,417,500
Interest Rate
5.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 9, 2003
Sold by
Kvasnicka Mina
Bought by
Kvasnicka John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,417,500
Interest Rate
5.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 23, 1999
Sold by
Mcaleavy Carolyn
Bought by
Johnson Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,328
Interest Rate
7.47%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 20, 1999
Sold by
Oman Ronald P and Oman Mary
Bought by
Mendenhall John Ross and Hill Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,328
Interest Rate
7.47%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Rci Alderwood Owner Llc -- Fidelity National Title Compan
Gutknecht Messina 2016 Trust -- --
Rci Alderwood Llc $2,900,000 Fidelity National Title Co
Anderson Paul -- Fidelity National Title Co
Gutknecht Harold J $3,360,000 Fidelity National Title Co
1416 State Street Llc -- First American Title Ins Co
Bruington Eugene $1,890,000 First American Title Co
Kvasnicka John -- First American Title Co
Bruington Eugene -- First American Title Co
Johnson Charles -- First American Title Co
Mendenhall John Ross -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rci Alderwood Owner Llc $5,476,000
Previous Owner Rci Alderwood Llc $2,026,000
Previous Owner Gutknecht Harold J $2,182,500
Previous Owner 1416 State Street Llc $143,081
Previous Owner Bruington Eugene $1,417,500
Previous Owner Mendenhall John Ross $286,328
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2017 08/18/17 Sold $3,360,000 0.0% $136 / Sq Ft
08/17/2017 08/17/17 Pending -- -- --
08/16/2017 08/16/17 For Sale $3,360,000 -- $136 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $45,502 $3,788,965 $284,454 $3,504,511
2023 $45,502 $3,676,487 $273,409 $3,403,078
2022 $43,877 $3,605,080 $268,049 $3,337,031
2021 $44,112 $3,535,073 $262,794 $3,272,279
2020 $43,440 $3,497,532 $260,100 $3,237,432
2019 $61,426 $3,429,600 $255,000 $3,174,600
2018 $51,014 $3,360,000 $250,000 $3,110,000
2017 $26,162 $2,148,600 $250,000 $1,898,600
2016 $25,904 $2,148,600 $250,000 $1,898,600
2015 $26,090 $2,149,800 $250,000 $1,899,800
2014 -- $2,042,000 $717,908 $1,324,092
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21719616

Bay Area Real Estate Information Services (BAREIS)

APN: 003-390-53-00