NOT LISTED FOR SALE

407 Main St Etna, CA 96027

Studio
10 Baths
8,700 Sq Ft
8,712 Sq Ft Lot

Last Sold January 05, 2023

Last sale price $590,000 $68 Per Sq Ft

314 Days on Market

Highlights

  • View of Hills
  • Fireplace
  • 3 Car Garage
  • Wood Flooring
  • Electric Baseboard Heater
  • High Speed Internet

About This Home

As of January 2023

Downtown prime corner Etna CA location. Perfect for investment and opportunity. Being offered for purchase is a mixed use building at the town center, 100% occupied. Two separate but adjacent properties are being sold together. Property number 1 is 407 Main Street with 9 apartments and 3 street level commercial spaces including a real estate office, a law office and Wildwood Crossing Coffee Shop. 407 Main Street is approximately 8,500 square feet. It provides 2) 2 bedroom 1 bath apartments, 3) 1 bedroom 1 bath and 4) studios with 3-street level commercial spaces. The adjacent property/building being sold with 407 Main Street is 120 Collier Way. This property offers a stoutly built metal industrial building with a paved parking lot and concrete floor. It's 1,500 sq. ft. with 16 ft walls, 2- 14 foot roll up doors including newly installed LED lighting, electricity is 200 AMP 3 phase power and one bathroom. This highly desirable historic community has seen a surge in real estate demand & prices with a huge demand for services. The current owners have operated both of these buildings for decades and its time to retire. A lot of room to grow revenue with this rare income opportunity.

Last Agent to Sell the Property

James Peluso

Siskiyou Partners License #00956743 Listed on: 01/27/2022

Last Buyer's Agent

MODESTOS KEFALAS

G. M. KEFALAS INVESTMENTS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 10 Bathrooms
  • 8,700 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Views of Hills
  • Partial Basement

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Parking

  • 3 Car Garage
  • Driveway
  • 1 to 5 Parking Spaces

Utilities

  • Electric Baseboard Heater
  • High Speed Internet
  • Satellite Dish

Community Details

  • 13 Units

Listing and Financial Details

  • Assessor Parcel Number 056-041-250

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Additional Assessor Parcel Numbers: 056-041-240
  • Additional Sq Ft: 1500
  • Assessor Parcel Number: 056-041-250
  • Estimated Acres: 0.2
  • Estimated Age: 70+ Yrs
  • Estimated Sq Ft: 8700
  • Class: Income Property
  • Cross Street: Collier Way
  • Heat: Electric Baseboard
  • Lot Dimensions: irr
  • Lvt Date: 01/27/2022
  • Bathrooms: 10
  • Remarks To Public: Downtown prime corner Etna CA location. Perfect for investment and opportunity. Being offered for purchase is a mixed use building at the town center, 100% occupied. Two separate but adjacent properties are being sold together. Property number 1 is 407 Ma
  • Sewage: Sewer
  • Sewage Type: Sewer
  • Street: Paved
  • Style: Classic
  • Type: Residential
  • View: Town
  • Within City Limits: Yes
  • Year Built: 1900
  • Transmit To Internet: Yes
  • View Type: Hills, Town
  • Gross Mo Inc: 4687
  • Residential Subtype: Apartments
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: One
  • Foundation: Partial Basement, Perimeter, Post & Pier
  • Interior Amenities: 3 Phase Electric
  • Floor: Carpet, Wood, Vinyl, Laminate

Exterior Features

  • Exterior: Brick, Stucco
  • Roof: Metal
  • Stories: Two

Garage/Parking

  • Garage Type: Garage/Workshop
  • Driveway: Paved
  • Garage Capacity: Three
  • Parking Spaces: 1-5

Utilities

  • Utilities Available: Cell Service, Electricity, High Speed Internet, Satelite
  • Water: City
  • Water Type: City

Lot Info

  • Topography: Flat
  • Zoning: C-1

Multi Family

  • Number Of Units: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2022
Closed on
Jan 3, 2023
Sold by
Christ Family Revocable Living Trust
Bought by
Graham Family Trust
Seller's Agent
James Peluso
Siskiyou Partners
Buyer's Agent
MODESTOS KEFALAS
G. M. KEFALAS INVESTMENTS
List Price
$650,000
Sold Price
$590,000
Premium/Discount to List
-$60,000
-9.23%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Outstanding Balance
$285,843
Interest Rate
6.58%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Graham Family Trust $590,000 Mt Shasta Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graham Family Trust $295,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2023 01/05/23 Sold $590,000 -1.7% $68 / Sq Ft
12/07/2022 12/07/22 Pending -- -- --
10/10/2022 10/10/22 Price Changed $600,000 -7.7% $69 / Sq Ft
01/27/2022 01/27/22 For Sale $650,000 -- $75 / Sq Ft
Source: Siskiyou Association of REALTORS®

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 $5,682 $530,604 $46,818 $483,786
2023 $5,682 $500,000 $50,000 $450,000
2022 $1,030 $75,239 $6,052 $69,187
2021 $1,015 $73,765 $5,934 $67,831
2020 $1,008 $73,010 $5,874 $67,136
2019 $994 $71,579 $5,759 $65,820
2018 $980 $70,177 $5,647 $64,530
2017 $966 $68,802 $5,537 $63,265
2016 $952 $67,454 $5,429 $62,025
2015 $942 $66,442 $5,348 $61,094
2014 $929 $65,142 $5,244 $59,898
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Siskiyou Association of REALTORS®

MLS Number: 20220087

Siskiyou Association of REALTORS®

APN: 056-041-250