NOT LISTED FOR SALE

441 3rd Ave Rio Dell, CA 95562

Estimated Value: $265,000 - $345,000

3 Beds
2 Baths
1,375 Sq Ft
$223/Sq Ft Est. Value

Last Sold November 12, 2020

Last sale price $140,000 $102 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $1,786/month

119 Days on Market

Highlights

  • RV Access or Parking
  • 2 Car Detached Garage
  • Property is near shops
  • Oversized Lot
  • 1-Story Property
  • Partially Fenced Property

About This Home

As of November 2020

Great opportunity to enter into income property ownership or add to your portfolio...priced to sell. 2 cottages on one large lot, each has highly desired laundry hookups, and separately metered. Current rents not changed in past 7 years & well below market rents. Unit One has newer vinyl dual pane windows. On the back of the lot is a detached wooden floor garage, perfect for additional rental income as storage spaces. With a little polish and effort you will reveal how cute these units are...and increase the rents and tap into additional rental income. New roofs installed by Redwood Empire roofing.

Last Agent to Sell the Property

Dean Kessler

The Kessler Team Brokerage Email: DEAN@THEKESSLERTEAM.COM License #01181737 Listed on: 05/01/2020

Last Buyer's Agent

Elizabeth Garcia

RE/MAX Humboldt Realty License #01463261

RE/MAX Humboldt Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1935

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 78.5' x 105'
  • Dirt Road
  • Partially Fenced Property
  • Oversized Lot
  • Level Lot
  • Property is in below average condition

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • Dirt Driveway
  • RV Access or Parking

Home Design

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

Interior Spaces

  • 1,375 Sq Ft Home
  • 1-Story Property
  • Dryer

Location

  • Property is near shops

Schools

  • Rio Dell Elementary School
  • Fortuna High School

Utilities

  • Heating System Mounted To A Wall or Window
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 053-101-016

Community Details

Overview

  • 2 Units

Building Details

  • 1 Leased Unit
  • Gross Income $13,560

Property Details

Home Type

Multi-Family

Year Built

Built in 1935

Lot Details

0

Parking

2

Listing Details

  • Directions: WILDWOOD Ave turn East onto COLUMBUS St, turn North onto FIRST ave, property midway in block on West side of Street.
  • Unit Levels: One
  • Miscellaneous Sidewalk: No
  • Prop. Type: Residential
  • R V Parking Room For R V Parking: Yes
  • Year Built: 1935
  • Total Units By Type Annual Gross Income: 13560.0
  • Attribution Contact: DEAN@THEKESSLERTEAM.COM
  • Property Sub-Type: MultiFamily
  • Fencing: Partial
  • LaundryFeatures: Dryer Hookups, Washer Hookups
  • LotFeatures: Flat, In Town, Near Shopping
  • Lot Size Acres: 0.19
  • Road Surface Type: Dirt, Gravel
  • Total Gross Income: 13560.0
  • Co List Office Phone: 707-443-0765
  • MLS Status: Sold
  • Architectural Style: 1 Story
  • New Construction: No
  • Listing Information Type SaleOwner Type: Owner
  • Property Description Lot Size2: Oversized
  • General Property Description:Lot Dimensions: 78.5' x 105'
  • Property Description Style2: 1 Story
  • Property Description Gar Stls: 2
  • Property Description Lot Acres2: 0.19
  • Property Description Appearance2: Average
  • Location Legal and Taxes APN: 053-101-016
  • GroundsLandscaping Fenced Partial: Yes
  • Lot Description:Flat: Yes
  • Levels One Story: Yes
  • Siding Wood4: Yes
  • Foundation PostPiers: Yes
  • Construction:Wood Frame: Yes
  • Roof:Composition Shingle: Yes
  • Driveway Dirt2: Yes
  • Schools High School2: Fortuna
  • Water:Public2: Yes
  • Sewer Public3: Yes
  • Driveway Gravel3: Yes
  • Building Description Total Units: 2
  • Lot Description Near Shopping: Yes
  • Laundry Dryer Hookups: Yes
  • Laundry Washer Hookups: Yes
  • Schools Elementary School2: Rio Dell
  • Building Description Historic Registry2: No
  • Building Description Gated Entry2: No
  • Utilities Separately Metered: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Roof: Shingle
  • Foundation Details: Post/Piers
  • Public Road: Yes
  • Road Paved: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • General Property Description:Garage Type2: Detached

Utilities

  • Heating: Wall
  • Sewer: Public Sewer
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Wall2: Yes

Schools

  • Elementary School: Rio Dell
  • High School: Fortuna

Lot Info

  • Lot Dimensions: 78.5' x 105'
  • Lot Size Sq Ft: 8276.4
  • ResoLotSizeUnits: Acres
  • Zoning Description: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Leased: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2016
Closed on
Mar 21, 2017
Sold by
Lomiglio Daniel S and Lomiglio Kay Denise
Bought by
Sisson Carl
Seller's Agent
Dean Kessler
The Kessler Team
Buyer's Agent
Dusty Henson
RE/MAX Humboldt Realty
Sold Price
$180,000
Current Estimated Value
$306,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,587
Avg. Annual Appreciation
6.26%
Original Mortgage
$176,739
Outstanding Balance
$146,886
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$159,701

Purchase Details

Closed on
Dec 3, 2004
Sold by
Watson Raymond and Watson Shirley
Bought by
Lomiglio Daniel S and Lomiglio Denise K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2002
Sold by
Newman Brian Dennis and Newman Janet Marie
Bought by
Watson Raymond and Watson Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
6.03%
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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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
Sisson Carl $180,000 Fidelity National Title Comp
Lomiglio Daniel S $175,000 Fidelity National Title Co
Watson Raymond $107,000 Fidelity National
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sisson Carl $176,739
Previous Owner Lomiglio Daniel S $140,000
Previous Owner Watson Raymond $107,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/12/2020 11/12/20 Sold $140,000 -22.2% $102 / Sq Ft
04/06/2017 04/06/17 Sold $180,000 -- $165 / Sq Ft View Prior Sale
Source: Humboldt 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 $2,197 $208,899 $75,435 $133,464
2024 $2,197 $204,804 $73,956 $130,848
2023 $2,162 $200,789 $72,506 $128,283
2022 $2,155 $196,853 $71,085 $125,768
2021 $2,103 $192,994 $69,692 $123,302
2020 $2,096 $191,016 $68,978 $122,038
2019 $2,068 $187,272 $67,626 $119,646
2018 $2,035 $183,600 $66,300 $117,300
2017 $1,791 $165,000 $55,000 $110,000
2016 $1,740 $160,000 $55,000 $105,000
2015 $1,748 $165,000 $60,000 $105,000
2014 $1,701 $165,000 $60,000 $105,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Humboldt Association of REALTORS®

MLS Number: 254636

Humboldt Association of REALTORS®

APN: 053-103-018-000