NOT LISTED FOR SALE

209 N Mcpherson St Fort Bragg, CA 95437

Estimated Value: $8,970,694

12 Beds
-- Bath
5,400 Sq Ft
$1,661/Sq Ft Est. Value

Last Sold August 06, 2014

Last sale price $555,000 $103 Per Sq Ft

Est. 1,516% increase in value since last sale

Current estimated payment $47,643/month

154 Days on Market

About This Home

As of August 2014

6 unit apartment complex in strong rental area of Fort Bragg.Professionally managed.Interiors are in good condition,exterior could use a coat of paint. Close to shopping, restaurants and downtown. Each unit is 2 bedroom/1 bath and all of them have separate electric meters. Coin operated laundry adds additional income.

Last Agent to Sell the Property

Bob Accornero

Coldwell Banker Realty License #00944687 Listed on: 02/19/2014

Coldwell Banker Realty

Last Buyer's Agent

Bob Accornero

Coldwell Banker Realty License #00944687 Listed on: 02/19/2014

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,261

Lot Details

  • 6,970

Parking

  • Off-Street Parking

Home Design

  • 5,400 Sq Ft Home
  • Concrete Foundation
  • Composition Roof

Additional Features

  • 6,970 Sq Ft Lot
  • Baseboard Heating

Community Details

  • 6 Units
  • Laundry Facilities
  • Gross Income $62,640

Listing and Financial Details

  • Assessor Parcel Number 008-155-08-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,261

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Directions To Property: Highway 1 to E. Alder Street to N. Mcpherson Street
  • Lot Size Acres: 0.1600
  • CapRate: 7.00
  • Year Built Details: Unknown
  • Actual or Scheduled: Actual
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Square Foot: 102.78
  • Square Footage: 5400
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Baseboard, Electric
  • Laundry Features: Coin Operated

Lot Info

  • Assessor Parcel Number: 008-155-08-00
  • Lot Size Sq Ft: 6970

Multi Family

  • Two Bedroom Rent Range: $840-$900
  • Number Of2 Bedrooms Occupied: 5
  • NumberOfUnitsTotal: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2015
Sold by
Danialpour Davar
Bought by
Robert & Jennie Barth Family Trust
Current Estimated Value
$8,970,694

Purchase Details

Listed on
Feb 19, 2014
Closed on
Jul 30, 2014
Sold by
Knox Richard Allen and Knox Diane Dee
Bought by
Danialpour Davar
Seller's Agent
Bob Accornero
Coldwell Banker Realty
Buyer's Agent
Bob Accornero
Coldwell Banker Realty
List Price
$555,000
Sold Price
$555,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.12%
Original Mortgage
$403,537
Interest Rate
4.12%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 10, 2007
Sold by
Buckerfield Charles T and Buckerfield Sandra K
Bought by
Knox Richard Allen and Knox Diane Dee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,000
Interest Rate
6.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 5, 2001
Sold by
Buckerfield Charles T and Buckerfield Sandra K
Bought by
Buckerfield Charles T and Buckerfield Sandra K

Purchase Details

Closed on
Aug 15, 2001
Sold by
Olsen Kenneth A and Olsen Marilyn J
Bought by
Buckerfield Charles T and Buckerfield Sandra K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.21%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Robert & Jennie Barth Family Trust $6,000,000 Redwood Empire Title Co Mend
Danialpour Davar $555,000 Redwood Empire Title Company
Knox Richard Allen $610,000 First American Title Co
Buckerfield Charles T -- --
Buckerfield Charles T $360,000 Redwood Empire Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Danialpour Davar $403,537
Previous Owner Knox Richard Allen $366,000
Previous Owner Buckerfield Charles T $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2014 08/06/14 Sold $555,000 0.0% $103 / Sq Ft
07/23/2014 07/23/14 Pending -- -- --
02/19/2014 02/19/14 For Sale $555,000 -- $103 / 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 $8,261 $718,826 $159,809 $559,017
2023 $8,261 $693,087 $153,604 $539,483
2022 $8,233 $679,702 $150,593 $529,109
2021 $7,757 $666,580 $147,641 $518,939
2020 $7,577 $659,352 $146,127 $513,225
2019 $7,479 $646,620 $143,262 $503,358
2018 $7,382 $634,140 $140,454 $493,686
2017 $7,068 $621,900 $137,700 $484,200
2016 $6,415 $564,227 $132,998 $431,229
2015 $6,305 $555,000 $131,000 $424,000
2014 $7,451 $659,546 $213,117 $446,429
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21403289

Bay Area Real Estate Information Services (BAREIS)

APN: 008-155-08-00