NOT LISTED FOR SALE

45045 Calpella St Mendocino, CA 95460

Estimated Value: $3,140,613

4 Beds
5 Baths
4,600 Sq Ft
$683/Sq Ft Est. Value

Last Sold December 08, 2023

Last sale price $3,175,000 $690 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $19,689/month

237 Days on Market

Highlights

  • Ocean View
  • New Construction
  • Solar Power System
  • Mendocino High School Rated 9+
  • Rooftop Deck
  • 2-minute walk to Russian Gulch State Park

About This Home

As of December 2023

Ideal for 1031 exchange, a Mendocino village coastal mixed use property. A beautiful newly constructed home with separate mixed-use income. This recent NY Times featured, 2bd/2ba 1,980 sf Victorian Italianate inspired design with energy efficient amenities including paid for solar, newly constructed in 2023 on .28 acres also includes a detached studio. Mendocino has a pleasant coastal climate with an average summer high of 63 degrees. This central village location is within 500' of restaurants, bank, post office, museum and three blocks to stunning state park protected coastal bluffs. It is extremely difficult to build in the village of Mendocino located on the coast of Northern California. This home was the first new home to be constructed in the village in 15 years requiring numerous state and local agency approvals. In addition, there is a separate fully leased 3-unit Victorian House on the property that was built in 2005 which includes Edward Jones, a national corporate office tenant, and two apartment residences that are fully leased. This is a fantastic opportunity for a 1031 exchange, live work, or just enjoy the benefits of a quality investment that took over 5 years to develop. Property is currently on the waiting list for Single Unit Rental in the Village.

Last Agent to Sell the Property

Sarah Schoeneman

Mendo Sotheby's International License #01383401 Listed on: 04/11/2023

Mendo Sotheby's International

Last Buyer's Agent

David Palma

eXp Realty of California, Inc License #01938792

eXp Realty of California, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,455

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.28 Acre Lot
  • Fenced
  • Property is zoned MMU

Property Views

  • Ocean
  • Bay

Home Design

  • Victorian Architecture
  • Concrete Foundation
  • Composition Roof
  • Redwood Siding

Interior Spaces

  • 4,600 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Great Room
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Double Oven
  • Built-In Electric Range
  • Range Hood
  • Built-In Refrigerator
  • Dishwasher
  • Kitchen Island
  • Marble Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Bathroom on Main Level
  • 5 Full Bathrooms
  • Tile Bathroom Countertop
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 7 Parking Spaces
  • Electric Vehicle Home Charger
  • Uncovered Parking

Eco-Friendly Details

  • ENERGY STAR Qualified Appliances
  • Energy-Efficient Windows
  • Energy-Efficient Construction
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • Energy-Efficient Doors
  • Energy-Efficient Roof
  • Solar Power System

Outdoor Features

  • Rooftop Deck
  • Rear Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Shared Well
  • High-Efficiency Water Heater
  • Cable TV Available

Additional Features

  • Accessible Parking
  • Separate Entry Quarters

Listing and Financial Details

  • Assessor Parcel Number 119-234-11-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,455

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Interior Amenities: Formal Entry
  • Type: Residential
  • Property Sub Type: 3+ Houses on Lot
  • Subtype Description: Detached
  • Directions To Property: Main Street to Lansing. Left on Calpella.
  • Lot Size Acres: 0.2800
  • Stories: 2
  • ArchitecturalStyle: Victorian, See Remarks
  • Second Unit Private Entry: Yes
  • Special Features: NewHome

Interior Features

  • Appliances: Built-In Electric Range, Built-In Refrigerator, Dishwasher, Double Oven, ENERGY STAR Qualified Appliances, Hood Over Range, Insulated Water Heater
  • Bedrooms: 4
  • Master Bathroom Features: Double Sinks, Tile
  • Full Bathrooms: 5
  • Accessibility Features: Parking
  • Flooring: Wood
  • Price Per Square Foot: 690.22
  • Square Footage: 4600.00
  • Bathrooms: 5
  • Family Room Features: Deck Attached, Great Room, View
  • Kitchen Features: Island w/Sink, Marble Counter
  • Main Level: Bedroom(s), Dining Room, Full Bath(s), Kitchen, Living Room

Exterior Features

  • Construction Materials: Redwood Siding
  • Foundation: Concrete Perimeter
  • Lot Features: See Remarks
  • Property Condition: New Construction
  • Roof: Composition
  • Fencing: Fenced
  • Patio And Porch Features: Back Porch, Roof Deck
  • View: Bay, Ocean, Other

Garage/Parking

  • Parking Features: EV Charging, Uncovered Parking Space
  • Total Parking Spaces: 7.00

Utilities

  • Cooling: Wall Unit(s)
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electric, Solar
  • Water Source: Shared Well
  • Heating: Electric
  • Laundry Features: Dryer Included, Washer Included

Schools

  • School District: Mendocino
  • Elementary School: Mendocino Unified
  • Middle School: Mendocino Unified
  • High School: Mendocino Unified
  • Middle/Junior School District: Mendocino Unified

Lot Info

  • Assessor Parcel Number: 119-234-11-00
  • Lot Size Sq Ft: 12197.00

Green Features

  • Energy Efficient: Appliances, Construction, Doors, Heating, Insulation, Roof, Water Heater, Windows

Building Info

  • Year Built: 2023

Multi Family

  • Second Unit Estimated Sq Ft: 2400
  • Second Unit Bedrooms: 2
  • Second Unit Description: Red House - Mixed Use
  • Second Unit Full Bathrooms: 2
  • Second Unit Kitchen: Yes
  • Second Unit Occupied: Yes
  • Second Unit Partial Bathrooms: 1
  • Second Unit Rents For: 93120
  • Second Unit Type: Detached

MLS Schools

  • Senior High School District: Mendocino Unified
  • School District (County): Mendocino

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2023
Closed on
Dec 1, 2023
Sold by
Kennebunkport Family Trust and Skye Mackenzie Lindy
Bought by
Hansen Monte Lee and Hansen Stella
Seller's Agent
Sarah Schoeneman
Mendo Sotheby's International
Buyer's Agent
David Palma
eXp Realty of California, Inc
List Price
$3,650,000
Sold Price
$3,175,000
Premium/Discount to List
-$475,000
-13.01%
Views
604
Current Estimated Value
$3,140,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,387
Avg. Annual Appreciation
-0.59%
Original Mortgage
$1,950,000
Outstanding Balance
$1,913,587
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$1,227,026

Purchase Details

Closed on
Nov 8, 2016
Sold by
Mendocino Center Associates
Bought by
Schmitt Robert Joseph and Skye Mackenzie Lindy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
3.47%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Hansen Monte Lee $3,175,000 Redwood Empire Title
Schmitt Robert Joseph $675,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hansen Monte Lee $1,950,000
Previous Owner Schmitt Robert Joseph $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2023 12/08/23 Sold $3,175,000 -3.6% $690 / Sq Ft
06/28/2023 06/28/23 Price Changed $3,295,000 -5.2% $716 / Sq Ft
05/18/2023 05/18/23 Price Changed $3,475,000 -4.8% $755 / Sq Ft
04/11/2023 04/11/23 For Sale $3,650,000 -- $793 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

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 $36,455 $3,238,500 $1,133,220 $2,105,280
2023 $36,455 $774,847 $306,767 $468,080
2022 $9,550 $759,654 $300,752 $458,902
2021 $9,351 $756,309 $294,855 $461,454
2020 $8,500 $737,118 $291,830 $445,288
2019 $8,398 $722,670 $286,110 $436,560
2018 $8,263 $688,500 $280,500 $408,000
2017 $7,746 $675,000 $275,000 $400,000
2016 $3,072 $256,735 $100,573 $156,162
2015 $3,062 $252,881 $99,063 $153,818
2014 $2,982 $247,927 $97,122 $150,805
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 323022174

Bay Area Real Estate Information Services (BAREIS)

APN: 119-234-11-00