Seller's Agent in 2021
Todd Schapmire
W Real Estate
(707) 570-9855
101 Total Sales
4
Beds
3
Baths
37,302
Sq Ft
1.73
Acres
Highlights
- Private Pool
- 15 Car Detached Garage
- Laundry Facilities
- Mountain View
- Landscaped
- High Speed Internet
About This Home
As of May 2021Garden style apartment complex featuring 33 units located in Ukiah, the County Seat of Mendocino County. The complex has been very well maintained over the years and features all two bedroom, one bathroom flats. The ground units have small yards and the second floor units have balconies. Numerous units have been remodeled upon turnover and the roofs and exterior of the buildings have been replaced or repaired as needed. Each unit is separately metered for electric and gas. There is common area laundry that generates revenue as well as a common area pool. Current ownership has maintained property with a pride of ownership that will benefit the new owner for years to come. Located close to shopping, transportation, and numerous services for the convenience of the tenants.
Last Agent to Sell the Property
W Real Estate License #01414195 Listed on: 02/02/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1978
Lot Details
- 1.73 Acre Lot
- Landscaped
Parking
- 15 Car Detached Garage
- 21 Open Parking Spaces
Home Design
- Garden Apartment
- Concrete Foundation
- Slab Foundation
- Shingle Roof
- Composition Roof
Interior Spaces
- 4 Bedrooms
- 37,302 Sq Ft Home
- Mountain Views
Kitchen
- Free-Standing Electric Oven
- Free-Standing Electric Range
- Dishwasher
Flooring
- Carpet
- Vinyl
Pool
- Private Pool
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Gas
- Natural Gas Connected
- Individual Gas Meter
- High Speed Internet
- Internet Available
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity, gas
- Assessor Parcel Number 003-420-55-00
Community Details
Overview
- 6 Buildings
- 33 Units
- 22-Story Property
Additional Features
- Laundry Facilities
- Gross Income $465,868
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 2, 2021
Closed on
May 14, 2021
Sold by
Freudenburg Edwin Russell and Edwin Russell Freudcnburg Trus
Bought by
Rci Alderwood Owner Llc
Seller's Agent
Todd Schapmire
W Real Estate
Buyer's Agent
Todd Schapmire
W Real Estate
List Price
$4,400,000
Sold Price
$4,400,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,990,000
Outstanding Balance
$2,686,526
Interest Rate
3.1%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 27, 2016
Sold by
Villalon Frank R and Villalon Doreen E
Bought by
Freudenburg Edwin Russell
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,620,000
Interest Rate
3.83%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 22, 2010
Sold by
Freudenburg Edwin Russell
Bought by
Freudenburg Edwin Russell
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,850,000
Interest Rate
4.17%
Mortgage Type
Construction
Purchase Details
Closed on
Feb 11, 2006
Sold by
Tenenbaum Henry and Donahoe Melanie S
Bought by
Freudenburg Edwin Russell
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,925,000
Interest Rate
6.15%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 15, 2001
Sold by
Marvin Richard E
Bought by
Tenenbaum Henry and Donahoe Melanie S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,312,500
Interest Rate
7.09%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rci Alderwood Owner Llc | -- | Fidelity National Title Co | |
| Freudenburg Edwin Russell | $402,000 | None Available | |
| Freudenburg Edwin Russell | -- | First American Title Company | |
| Freudenburg Edwin Russell | $2,727,000 | Fidelity Natl Title Co Of Ca | |
| Tenenbaum Henry | $1,750,000 | Fidelity National Title Co | |
| Marvin Richard E | -- | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rci Alderwood Owner Llc | $2,990,000 | |
| Previous Owner | Freudenburg Edwin Russell | $1,620,000 | |
| Previous Owner | Freudenburg Edwin Russell | $1,850,000 | |
| Previous Owner | Freudenburg Edwin Russell | $1,925,000 | |
| Previous Owner | Tenenbaum Henry | $1,312,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/17/2021 05/17/21 | Sold | $4,400,000 | 0.0% | $118 / Sq Ft |
| 05/17/2021 05/17/21 | Pending | -- | -- | -- |
| 02/02/2021 02/02/21 | For Sale | $4,400,000 | -- | $118 / Sq Ft |
Source: Bay Area Real Estate Information Services (BAREIS)
Tax History Compared to Growth
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 | $48,022 | $3,908,843 | $654,688 | $3,254,155 |
| 2023 | $48,022 | $3,767,610 | $629,266 | $3,138,344 |
| 2022 | $45,683 | $3,695,439 | $616,928 | $3,078,511 |
| 2021 | $45,655 | $3,601,573 | $604,832 | $2,996,741 |
| 2020 | $45,080 | $3,568,812 | $598,613 | $2,970,199 |
| 2019 | $42,620 | $3,495,248 | $586,875 | $2,908,373 |
| 2018 | $41,617 | $3,426,617 | $575,371 | $2,851,246 |
| 2017 | $38,775 | $3,169,526 | $588,725 | $2,580,801 |
| 2016 | $37,672 | $3,106,560 | $577,185 | $2,529,375 |
| 2015 | $37,494 | $3,069,610 | $568,520 | $2,501,090 |
| 2014 | $32,525 | $2,648,602 | $557,395 | $2,091,207 |
Source: Public Records
Agents Affiliated with this Home
-
Todd Schapmire
Map
Source: Bay Area Real Estate Information Services (BAREIS)
MLS Number: 22033748
APN: 003-420-55-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.
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