NOT LISTED FOR SALE

34050 Pacific Reefs Rd Albion, CA 95410

Estimated Value: $942,984 - $1,165,000

1 Bed
1 Bath
1,240 Sq Ft
$864/Sq Ft Est. Value

Last Sold July 24, 2012

Last sale price $580,000 $468 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $6,354/month

55 Days on Market

Highlights

  • Ocean View
  • Above Ground Spa
  • Deck
  • Mendocino High School Rated 9+
  • Ocean Side of Highway 1
  • Secluded Lot

About This Home

As of July 2012

This very Private and romantic oceanfront Mendocino home is a spacious split-level set as close to the ocean as possible so as to take full advantage of the dramatic setting 180 degree ocean view. The soothing sounds of the ocean waves rolling in and crashing against the rocks below will make you feel like you are on your own private island. Romantic, private, and truly million dollar expansive views of the ocean from every room, the view through the French doors is truly breath taking. A wrought iron spiral staircase ascends to the upstairs over-sized king bed. The fireplace also has an amazing view of the ocean. What else, a hot tub, that is great for sipping wine from the local wineries while watching the whales and seals play in the ocean. A shower for two with an ocean view. Skylights that open. Intimate and private, the most cost effective on the edge of the ocean with million dollar view home you can buy--and a proven vacation rental. Gross revenues for 2011 over $60,000!

Last Agent to Sell the Property

Shauna Yager

Yager Realty Of California License #01784507 Listed on: 04/27/2012

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,376

Year Built

  • Built in 1993

Lot Details

  • 0.97 Acre Lot
  • Property fronts a private road
  • Secluded Lot

Parking

  • 2 Parking Spaces

Property Views

  • Ocean
  • Panoramic

Home Design

  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,240 Sq Ft Home
  • Gas Fireplace
  • French Doors
  • Family Room
  • Living Room with Fireplace
  • Loft
  • Carpet

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Range
  • Dishwasher
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • All Upper Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Above Ground Spa
  • Ocean Side of Highway 1
  • Deck
  • Wood Patio

Utilities

  • Heating System Uses Natural Gas
  • Conventional Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1233403900

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,376

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Private Road
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1233403900
  • Year Built: 1993
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1240.00
  • Interior Amenities: Tile Counters
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Gas, Living Room
  • Levels: One
  • Price Per Square Foot: 467.74
  • Room Type: All Bedrooms Up, Family Room, Loft
  • Spa Features: Above Ground, Private

Exterior Features

  • Patio: Yes
  • View: Ocean, Panoramic
  • Patio And Porch Features: Deck, Patio Open, Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: Yes
  • Construction Materials: Wood Siding

Garage/Parking

  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free Standing, Gas Cooking, Disposal, Oven, Range, Refrigerator
  • Heating Type: Natural Gas
  • Laundry Features: Electric Dryer Hookup, Individual Room
  • Sewer: Conventional Septic
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • School District: Mendocino Unified

Lot Info

  • Lot Features: Secluded
  • Lot Size Sq Ft: 42085.00
  • Lot Size Acres: 0.9660

Multi Family

  • Lease Considered: No
  • Lot Size Area: 42085.0000 Square Feet
  • Waterfront Features: Ocean Side Of Highway 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2012
Closed on
Jun 15, 2012
Sold by
Starr Gary and Starr Nanci
Bought by
Mathew Shaji O and Mathew Vijna S
Seller's Agent
Shauna Yager
Yager Realty Of California
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$600,000
Sold Price
$580,000
Premium/Discount to List
-$20,000
-3.33%
Current Estimated Value
$1,070,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$490,996
Avg. Annual Appreciation
4.84%
Original Mortgage
$417,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2008
Sold by
Starr Gary and Starr Nanci
Bought by
Starr Gary and Starr Nanci

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.04%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 20, 2006
Sold by
Coastal Mendocino Investments Llc
Bought by
Starr Garry and Starr Nanci

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
7.15%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 22, 2005
Sold by
Hale Steve and Hale Stephen S
Bought by
Coastal Mendocino Investments Llc

Purchase Details

Closed on
Sep 15, 2005
Sold by
Hale Jameson Estes
Bought by
Hale Stephen Stanley

Purchase Details

Closed on
Apr 20, 2004
Sold by
Hale Jameson Estes
Bought by
Hale Stephen Stanley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
7.99%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Mathew Shaji O $580,000 First American Title Company
Starr Gary -- Chicago Title Co
Starr Garry -- First American Title Co
Coastal Mendocino Investments Llc -- --
Hale Stephen Stanley -- --
Hale Stephen Stanley -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mathew Shaji O $417,000
Previous Owner Starr Gary $550,000
Previous Owner Starr Garry $585,000
Previous Owner Hale Stephen Stanley $568,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2012 07/24/12 Sold $580,000 -3.3% $468 / Sq Ft
06/21/2012 06/21/12 Pending -- -- --
04/27/2012 04/27/12 For Sale $600,000 -- $484 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,376 $722,605 $529,508 $193,097
2023 $8,376 $696,184 $508,948 $187,236
2022 $8,528 $682,489 $498,969 $183,520
2021 $8,392 $669,129 $489,186 $179,943
2020 $7,624 $663,057 $484,163 $178,894
2019 $7,535 $650,257 $474,673 $175,584
2018 $7,415 $637,706 $465,368 $172,338
2017 $7,134 $625,398 $456,243 $169,155
2016 $6,945 $613,334 $447,299 $166,035
2015 $6,924 $604,274 $440,582 $163,692
2014 $6,665 $592,633 $431,952 $160,681
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2012

    Shauna Yager

    Yager Realty Of California

  • N

    Buyer's Agent in 2012

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    5,915 Total Sales

    NoEmail NoEmail
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC12053744

California Regional Multiple Listing Service (CRMLS)

APN: 123-340-39-00

California Mendocino County Albion 95410

34050 Pacific Reefs Rd, Albion, CA

This home is located at 34050 Pacific Reefs Rd, Albion, CA 95410 since 27 April 2012 and is currently estimated at $1,070,996, approximately $863 per square foot. This property was built in 1993. 34050 Pacific Reefs Rd is a home located in Mendocino County with nearby schools including Mendocino High School and Shiloh Academy.

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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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