NOT LISTED FOR SALE

449 S Mcpherson St Fort Bragg, CA 95437

Estimated Value: $1,408,082

15 Beds
-- Bath
3,600 Sq Ft
$391/Sq Ft Est. Value

Last Sold December 21, 2012

Last sale price $566,040 $157 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $7,886/month

141 Days on Market

Highlights

  • Fenced Yard
  • Baseboard Heating
  • Carpet
  • Fort Bragg High School Rated A-
  • Laundry Facilities

About This Home

As of December 2012

Good quality, 7-unit apartment complex with private parking for all units. Complex is located within walking distance to shopping and services. Lots of recent upgrades in several units. Coin-operated laundry. Limited landscaping requirements for owner. All appliances including in sale. Water/Sewer/Garbage services included in rents. Phone/cable/elec. paid by tenants. Elec. baseboard heat in all units. Owner pays elec. for laundry.

Last Agent to Sell the Property

David Coddington

Inactive Office License #01261496 Listed on: 06/20/2012

Inactive Office

Last Buyer's Agent

Non-Member 999999

Non-member Office

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.28 Acre Lot
  • Fenced Yard

Home Design

  • Concrete Foundation

Interior Spaces

  • 3,600 Sq Ft Home
  • Carpet

Parking

  • 6 Carport Spaces
  • Uncovered Parking

Utilities

  • Baseboard Heating
  • Internet Available
  • Cable TV Available
  • TV Antenna

Community Details

  • 7 Units
  • Laundry Facilities
  • Gross Income $76,440

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 018-010-46-00

Property Details

Home Type

Multi-Family

Lot Details

0.28 Acres

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Directions To Property: Chestnut Street East off Hwy 1 to McPherson. Turn left (North) on to McPherson. Property on left.
  • Lot Size Acres: 0.2780
  • CapRate: 8.60
  • Year Built Details: Unknown
  • Actual or Scheduled: Actual
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Carpet, LVYN
  • Price Per Square Foot: 157.23
  • Square Footage: 3600.00
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Other
  • ExteriorFeatures: Fenced Yard

Garage/Parking

  • Parking Features: Covered, Uncovered
  • Carport Spaces: 6.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Dish Antenna, Internet Available, All Electric, PGEE, Cable Connected
  • Water Source: Public
  • Heating: Baseboard, Electric
  • Laundry Features: Coin Operated, In Common Area
  • Separate Meters: Electricity

Lot Info

  • Assessor Parcel Number: 018-010-46-00
  • Lot Size Sq Ft: 12110.00

Rental Info

  • TenantPays: Cable TV, Electricity, Other

Multi Family

  • 1 Bedroom Rent Range: $825
  • Two Bedroom Annual Occupancy: 100
  • Two Bedroom Rent Range: $875-900
  • Three Bedroom Annual Occupancy: 50
  • Three Bedroom Rent Range: $1025-1200
  • Number of 1 Bedroom Units: 1
  • Number Of2 Bedrooms Occupied: 4
  • Number Of3 Bedrooms Occupied: 1
  • Number of 3 Bedroom Units: 2
  • NumberOfUnitsTotal: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2012
Closed on
Dec 14, 2012
Sold by
Big River Assets Llc
Bought by
Grant Heirs Llc
Seller's Agent
David Coddington
Inactive Office
Buyer's Agent
Non-Member 999999
Non-member Office
List Price
$566,040
Sold Price
$566,040
Current Estimated Value
$1,408,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$842,042
Avg. Annual Appreciation
7.14%

Purchase Details

Closed on
Nov 6, 2007
Sold by
Marusan Llc
Bought by
Big River Assets Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 7, 2000
Sold by
Weber Arlen J and Weber Gloria J
Bought by
Juntz and Juntz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
8.55%
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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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
Grant Heirs Llc $566,000 Redwood Empire Title Company
Big River Assets Llc $660,000 First American Title Co
Juntz $385,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Big River Assets Llc $450,000
Previous Owner Juntz $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2012 12/21/12 Sold $566,040 0.0% $157 / Sq Ft
11/08/2012 11/08/12 Pending -- -- --
06/20/2012 06/20/12 For Sale $566,040 -- $157 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

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 $7,845 $690,071 $147,765 $542,306
2023 $7,845 $659,002 $142,028 $516,974
2022 $7,825 $646,306 $139,244 $507,062
2021 $7,376 $634,119 $136,514 $497,605
2020 $7,230 $628,456 $135,115 $493,341
2019 $7,221 $623,755 $132,467 $491,288
2018 $7,084 $607,950 $129,870 $478,080
2017 $6,790 $597,363 $127,324 $470,039
2016 $6,661 $585,939 $124,828 $461,111
2015 $6,563 $577,839 $122,953 $454,886
2014 $6,417 $567,781 $120,545 $447,236
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21215110

Bay Area Real Estate Information Services (BAREIS)

APN: 018-010-46-00

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