NOT LISTED FOR SALE

2721 Eel River Dr Loleta, CA 95551

Loleta Area
-- Bed
-- Bath
4,166 Sq Ft
0.64 Acre Lot

Sale Details

Date Sold: December 21, 2023

Last sale price $600,000 $144 Per Sq Ft

10 Days on Market

Highlights

  • RV Access or Parking
  • 0.64 Acre Lot
  • 1-Story Property
  • Panoramic View
  • Tile Flooring
  • Level Lot

About This Home

As of December 2023

9 units. $6580 gross monthly rents. Separately metered power and gas paid by tenants. Owner pays for garbage, water, sewer,and yard maintenance. Large parcel with south west pastoral valley views. Low income multifamily units in high demand. Low to no vacancy factor. Fair condition and priced accordingly. Property manager in place. Vacant unit #6 for easy showings. Great value added property as there is upside to remodel and rerent at higher amount. Most recent 6 month income and expense in documents. Appliances come with property. Rents to be prorated at close of escrow, deposits to be transferred to buyer. Commercial Loan Required. Buyer responsible for all due diligence. Parcel size and sqft per Humboldt County Assessor.

Last Agent to Sell the Property

Matt Allen

Humboldt Equity, Inc. Brokerage Email: Mattallen707@gmail.com License #01305904 Listed on: 04/18/2023

Last Buyer's Agent

Ami Wruck

The Key Real Estate Group License #01930074

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1936

Lot Details

  • 27,878 Sq Ft Lot
  • Level Lot
  • Property is in average condition

Property Views

  • Panoramic
  • Pasture

Home Design

  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Composition Shingle Roof
  • Wood Siding

Interior Spaces

  • 4,166 Sq Ft Home
  • 1-Story Property
  • Range

Flooring

  • Carpet
  • Tile
  • Vinyl Plank
  • Vinyl

Parking

  • No Garage
  • Parking Available
  • Driveway
  • On-Site Parking
  • RV Access or Parking
  • 13 to 18 Parking Spaces

Schools

  • Loleta Elementary School
  • Fortuna High School

Utilities

  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Separate Meters

Community Details

  • 6 Buildings
  • 2 Leased Units

Listing and Financial Details

  • Assessor Parcel Number 309-141-004

Property Details

Home Type

Multi-Family

Year Built

Built in 1936

Lot Details

0.64 Acres

Listing Details

  • Directions: Hwy 101, Loleta offramp, down Loleta Dr, turn left on to Eel River Dr and Montgomery . Just before the old train trestle.
  • Unit Levels: One
  • Miscellaneous Privacy: No
  • Miscellaneous Sidewalk: No
  • Prop. Type: Residential
  • R V Parking Room For R V Parking: Yes
  • Year Built: 1936
  • Miscellaneous Security Deposit: Yes
  • Attribution Contact: Mattallen707@gmail.com
  • Property Sub-Type: MultiFamily
  • Fencing: None
  • LotFeatures: Flat, Pasture View
  • Lot Size Acres: 0.64
  • Road Surface Type: Asphalt
  • NAV29_Unit_1_Appliances: Refrig
  • Co List Office Phone: 707-682-8100
  • MLS Status: Sold
  • Architectural Style: 5-10 Units
  • New Construction: No
  • Listing Information Type SaleOwner Type: Agent Owner
  • Property Description Lot Size2: .5 - .74 Acres
  • General Property Description:Lot Dimensions: 24829
  • Property Description Accessory Dwelling Unit: No
  • Property Description Style2: 5-10 Units
  • Property Description Lot Acres2: 0.64
  • Property Description Appearance2: Fair
  • Location Legal and Taxes APN: 309-141-004
  • Miscellaneous Timber2: No
  • Lot Description:Flat: Yes
  • Levels One Story: Yes
  • Siding Wood4: Yes
  • Foundation PostPiers: Yes
  • Construction:Wood Frame: Yes
  • Roof:Composition Shingle: Yes
  • Utilities Electric2: Yes
  • Schools High School2: Fortuna
  • Driveway Asphalt: Yes
  • Water:Public2: Yes
  • Sewer Public3: Yes
  • View:Pasture: Yes
  • Lot Description Pasture View: Yes
  • Building Description Total Units: 9
  • Parking:On Site2: Yes
  • Schools Elementary School2: Loleta
  • Kitchen Range3: Yes
  • Flooring Carpeted: Yes
  • Flooring:Tile: Yes
  • Flooring:Vinyl: Yes
  • Flooring Plank: Yes
  • Utilities Separately Metered: Yes
  • Utilities Natural Gas: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpeted, Plank, Tile, Vinyl

Exterior Features

  • Roof: Shingle
  • View: Panoramic, Pasture
  • Foundation Details: Post/Piers
  • View:Panoramic: Yes

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, On Site
  • General Property Description:Garage Type2: None
  • Parking 11 - 20 Spaces: Yes

Utilities

  • Heating: Natural Gas, Wall
  • Sewer: Public Sewer
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas2: Yes
  • Heating:Wall2: Yes

Schools

  • Elementary School: Loleta
  • High School: Fortuna

Lot Info

  • Lot Dimensions: 24829
  • Lot Size Sq Ft: 27878.4
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 1
  • Number Of Units Leased: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2023
Closed on
Dec 14, 2023
Sold by
Bought by
Seller's Agent
Matt Allen
Humboldt Equity, Inc.
Buyer's Agent
Ami Wruck
The Key Real Estate Group
List Price
$585,000
Sold Price
$600,000
Premium/Discount to List
$15,000
2.56%
Views
47

Purchase Details

Listed on
Oct 1, 2014
Closed on
Jun 17, 2016
Sold by
Bought by
Seller's Agent
Dean Kessler
The Kessler Team
Sold Price
$272,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.14%
Original Mortgage
$217,600
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 15, 2009
Sold by
Bought by

Purchase Details

Closed on
Dec 23, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.27%
Mortgage Type
Seller Take Back
Source: Public Records
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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$600,000 Fidelity National Title Compan
$272,000 Humboldt Land Title Company
-- Fidelity Natl Title Co Of Ca
$400,000 Fidelity National Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $255,000
Previous Owner $217,600
Previous Owner $200,000
Previous Owner $300,000
Previous Owner $105,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/21/2023 12/21/23 Sold $600,000 +2.6% $144 / Sq Ft
04/27/2023 04/27/23 Pending -- -- --
04/17/2023 04/17/23 For Sale $585,000 +115.1% $140 / Sq Ft
06/27/2016 06/27/16 Sold $272,000 -- $56 / Sq Ft View Prior Sale
Source: Humboldt Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,075 $612,000 $255,000 $357,000
2024 $12,075 $315,673 $116,056 $199,617
2023 $10,886 $309,484 $113,781 $195,703
2022 $10,283 $303,416 $111,550 $191,866
2021 $10,219 $297,467 $109,363 $188,104
2020 $10,202 $294,418 $108,242 $186,176
2019 $7,695 $288,646 $106,120 $182,526
2018 $7,625 $282,988 $104,040 $178,948
2017 $7,581 $277,440 $102,000 $175,440
2016 $9,575 $413,367 $152,292 $261,075
2015 -- $407,159 $150,005 $257,154
2014 -- $399,184 $147,067 $252,117
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Humboldt Association of REALTORS®

MLS Number: 264015

Humboldt Association of REALTORS®
Your Personal Tour Guide

Ask me questions while you tour the home.