NOT LISTED FOR SALE

2551 N State St Ukiah, CA 95482

Estimated Value: $164,000 - $1,001,840

14 Beds
-- Bath
9,641 Sq Ft
$60/Sq Ft Est. Value

Last Sold October 28, 2015

Last sale price $700,000 $73 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $3,898/month

117 Days on Market

About This Home

As of October 2015

Smell that? It smells like money! 17 residential units with room for expansion. Some investment will be required to get this money making machine running at full strength but the long term investment potential is tremendous.

Last Agent to Sell the Property

Clint Hanks

RE/MAX Gold - Selzer and Assoc License #01371736 Listed on: 06/12/2015

RE/MAX Gold - Selzer and Assoc

Last Buyer's Agent

Steven Jackson

Jackson Real Estate License #00658196

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2.48

Home Design

  • 9,641 Sq Ft Home
  • Side-by-Side
  • Slab Foundation
  • Composition Roof

Parking

  • Uncovered Parking
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Internet Available
  • Cable TV Available

Additional Features

  • Leased Washer and Dryer
  • 2.48 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 169-220-05

Community Details

Overview

  • 3 Buildings
  • 17 Units

Additional Features

  • Laundry Facilities
  • Gross Income $129,807

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Directions To Property: North State Street to address.
  • Lot Size Acres: 2.4800
  • CapRate: 10.63
  • Year Built Details: Unknown
  • Actual or Scheduled: Actual
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Square Foot: 72.61
  • Square Footage: 9641
  • NumberOfBuildings: 3

Exterior Features

  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Parking Features: Off Street, Side-by-Side, Uncovered

Utilities

  • Cooling: Window Unit(s)
  • Sewer: Other
  • Utilities: Cable Available, Internet Available, All Electric, Natural Gas Connected, PGEE
  • Water Source: Public
  • Heating: Natural Gas, Wall Furnace
  • Laundry Features: Coin Operated, Washer/Dryer Leased
  • Separate Meters: None

Lot Info

  • Assessor Parcel Number: 169-220-05
  • Lot Size Sq Ft: 108029

Rental Info

  • TenantPays: None

Multi Family

  • One Bedroom Annual Occupancy: 95
  • 1 Bedroom Rent Range: 400-750
  • Two Bedroom Annual Occupancy: 100
  • Two Bedroom Rent Range: 1000
  • Number Of1 Bedrooms Occupied: 11
  • Number of 1 Bedroom Units: 12
  • Number Of2 Bedrooms Occupied: 1
  • Number of Studio Units: 4
  • NumberOfUnitsTotal: 17
  • Number Studios Occupied: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2018
Sold by
David L Flum 2002 Revocable Trust
Bought by
Hip Rafter Llc
Current Estimated Value
$582,920

Purchase Details

Closed on
Mar 29, 2018
Sold by
David L Flum 2002 Revocable Trust
Bought by
Hip Rafter Llc

Purchase Details

Listed on
Jun 12, 2015
Closed on
Oct 21, 2015
Sold by
Anderson 5 Llc
Bought by
Flum David L
Seller's Agent
Clint Hanks
RE/MAX Gold - Selzer and Assoc
Buyer's Agent
Steven Jackson
Jackson Real Estate
List Price
$700,000
Sold Price
$700,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.77%

Purchase Details

Closed on
Dec 20, 2013
Sold by
Thompson Linda A and Anderson Christopher P
Bought by
Anderson Christopher P and Thompson Linda A

Purchase Details

Closed on
Oct 9, 2003
Sold by
Anderson James E and Anderson Laura L
Bought by
Anderson James E and Anderson Laura L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Hip Rafter Llc -- None Listed On Document
Hip Rafter Llc -- None Listed On Document
Flum David L $700,000 Redwood Empire Title Co Mend
Anderson Christopher P -- None Available
Anderson James E -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2015 10/28/15 Sold $700,000 0.0% $73 / Sq Ft
10/07/2015 10/07/15 Pending -- -- --
06/12/2015 06/12/15 For Sale $700,000 -- $73 / 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 $10,455 $800,242 $207,162 $593,080
2023 $10,455 $775,107 $199,118 $575,989
2022 $10,166 $763,344 $195,214 $568,130
2021 $10,205 $748,559 $191,387 $557,172
2020 $10,303 $759,766 $189,424 $570,342
2019 $9,637 $731,906 $185,710 $546,196
2018 $9,458 $720,140 $182,070 $538,070
2017 $9,404 $713,016 $178,500 $534,516
2016 $9,139 $697,360 $175,000 $522,360
2015 $2,870 $149,764 $41,865 $107,899
2014 $2,834 $147,164 $41,045 $106,119
Source: Public Records

Agents Affiliated with this Home

  • Clint Hanks

    Seller's Agent in 2015

    Clint Hanks

    RE/MAX Gold - Selzer and Assoc

    (707) 391-6000

    146 Total Sales

    Clint Hanks
    Section Image

  • S

    Buyer's Agent in 2015

    Steven Jackson

    Jackson Real Estate

    (707) 468-1635

    Steven Jackson
    Section Image
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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21514491

Bay Area Real Estate Information Services (BAREIS)

APN: 169-220-05-01

California Mendocino County Ukiah 95482

2551 N State St, Ukiah, CA

Not Listed for Sale

MultiFamily

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Bay Area Real Estate Information Services (BAREIS) Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.

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