NOT LISTED FOR SALE

224 Elk Valley Rd Crescent City, CA 95531

Studio
-- Bath
7,200 Sq Ft
4.53 Acres Lot

Sale Details

Date Sold: October 27, 2022

Last sale price $800,000 $111 Per Sq Ft

34 Days on Market

About This Home

As of October 2022

Elk Valley Storage - 4.53 acres located in the mainstream of Crescent City industrial area. Eighteen 12' x 30' storage units that rent for $120 and five 10' x35' industrial shops that rent for $350 and Two 8' x 40' cargo containers that rent for $150. Plus, numerous RV/boat rental spaces totaling up 1o 100+ units. UPS rents 1/2 acre for $500/month. Little over 50% occupancy rate. Endless potential. Figuring 100+ units which includes RV/Boat storage units. Financials available with confidentially statement. City water!

Last Agent to Sell the Property

Donna Zorn

MING TREE REAL ESTATE License #1221233 Listed on: 08/18/2022

Last Buyer's Agent

Donna Zorn

MING TREE REAL ESTATE License #1221233 Listed on: 08/18/2022

Property Details

Property Type

  • Other

Year Built

  • Built in 1975

Lot Details

  • 4.53 Acre Lot
  • Property is in average condition
  • Property is zoned Commercial (Coastal) C-4

Home Design

  • Slab Foundation

Interior Spaces

  • 7,200 Sq Ft Home
  • Storage

Utilities

  • Septic System

Community Details

  • 26 Units

Listing and Financial Details

  • Assessor Parcel Number 117-120-042-000

Property Details

Property Type

Other

Year Built

Built in 1975

Lot Details

4.53 Acres

Listing Details

  • Class: COMMERCIAL/INDUSTRIAL
  • Type: BUILDING AND LAND W/BUSNS
  • Roof: Other
  • Year Built: 1975
  • Agent Only_ L A1 User Code: 35
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Interior Amenities: Extra Storage, Private Bathroom
  • Interior Condition: Average
  • Estimated Sq Ft: 7200

Exterior Features

  • Exterior Condition: Average
  • Foundation: Concrete Slab
  • Paved Streets: Yes
  • Sprinkler System: No

Garage/Parking

  • Parking: 40+

Utilities

  • Utilities: Electric
  • Water/Sewer: Public Wtr Swr
  • Water/Sewer: Public Water, Septic/Installed

Lot Info

  • Assessor Parcel Number: 117-120-042-000
  • Estimated Lot Dimensions: Irregular
  • Number Of Acres: 4.53
  • Zoning: Commercial (Coastal) C-4
  • Current Use: Storage Warehouse

Multi Family

  • Number Of Units: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2024
Sold by
Krishi Enterprises Llc and Krishi Enterprise Llc
Bought by
Krishi Enterprise Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Outstanding Balance
$979,807
Interest Rate
6.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 18, 2022
Closed on
Oct 21, 2022
Sold by
Grabarz Stacey
Bought by
Krishi Enterprises Llc
Seller's Agent
Donna Zorn
MING TREE REAL ESTATE
Buyer's Agent
Donna Zorn
MING TREE REAL ESTATE
List Price
$900,000
Sold Price
$800,000
Premium/Discount to List
-$100,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.02%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 4, 2005
Sold by
Grabarz Julia Jean
Bought by
Grabarz Stacey

Purchase Details

Closed on
Feb 27, 2004
Sold by
Grabarz Julia Jean
Bought by
County Of Del Norte
Source: Public Records
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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
Krishi Enterprise Llc -- First American Title
Krishi Enterprises Llc $800,000 Fidelity National Title
Grabarz Stacey -- --
County Of Del Norte -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krishi Enterprise Llc $990,000
Previous Owner Krishi Enterprises Llc $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2022 10/27/22 Sold $800,000 -11.1% $111 / Sq Ft
09/21/2022 09/21/22 Pending -- -- --
08/18/2022 08/18/22 For Sale $900,000 -- $125 / Sq Ft
Source: Del Norte Association of REALTORS®

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 $9,453 $832,710 $416,160 $416,550
2024 $9,074 $816,390 $408,000 $408,390
2023 $8,814 $800,253 $400,000 $400,253
2022 $3,543 $295,748 $62,166 $233,582
2021 $3,331 $289,954 $60,948 $229,006
2020 $3,184 $286,995 $60,324 $226,671
2019 $3,134 $281,373 $59,142 $222,231
2018 $3,072 $275,872 $57,983 $217,889
2017 $3,499 $270,479 $56,847 $213,632
2016 $3,426 $265,120 $55,733 $209,387
2015 $3,401 $261,187 $54,896 $206,291
2014 $3,517 $255,860 $53,821 $202,039
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Del Norte Association of REALTORS®

MLS Number: 220407

Del Norte Association of REALTORS®

APN: 117-120-042-000

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