NOT LISTED FOR SALE

45120 Brest Rd Mendocino, CA 95460

Estimated Value: $1,190,000 - $1,624,000

3 Beds
2 Baths
2,600 Sq Ft
$551/Sq Ft Est. Value

Last Sold December 28, 2020

Last sale price $1,186,000 $456 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $8,966/month

10 Days on Market

Highlights

  • Shed
  • Wood Siding
  • 4-minute walk to Russian Gulch State Park
  • Mendocino High School Rated 9+
  • 1-Story Property

About This Home

As of December 2020

Turnkey, successful vacation rental in the highly desirable area just north of the Mendocino village. With a single story layout perfectly suited to family gatherings, this home would make an ideal full time residence or could continue to operate as an investment/income producer with $100K+ historical annual revenues and/or a 4.4% cap rate based on list price. Located down a quiet road with beautiful south facing ocean views, just a two minute drive to fine dining and shops. Walk to Russian Gulch State park beach and trails.

Last Agent to Sell the Property

Margaret Wilson

Mendo Sotheby's International License #01720911 Listed on: 10/17/2020

Mendo Sotheby's International

Last Buyer's Agent

Greg Burke

Mendo Sotheby's International License #01206312

Mendo Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,713

Year Built

  • Built in 1951

Lot Details

  • 1.04

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • 2,600 Sq Ft Home
  • 1-Story Property
  • Free Standing Fireplace
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Propane
  • Water Holding Tank
  • Well
  • Septic System

Additional Features

  • Shed
  • 1.04 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 118-240-07-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,713

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached
  • Directions To Property: From Highway 1, west on Point Cabrillo, stay straight to Brest Rd, keep left at fork in the road. Address on right.
  • Lot Size Acres: 1.0400
  • Stories: 1
  • ArchitecturalStyle: Ranch
  • Special Features: None

Interior Features

  • Bedrooms: 3
  • Full Bathrooms: 2
  • Number Of Rooms: 6
  • Price Per Square Foot: 456.15
  • Square Footage: 2600
  • Bathrooms: 2.00
  • Fireplace Features: Free Standing

Exterior Features

  • Construction Materials: Frame, Wood, Wood Siding
  • Lot Features: Shape Regular
  • OtherStructures: Shed(s)
  • Pool: No
  • Spa: Yes

Garage/Parking

  • Parking Features: UNCV

Utilities

  • Sewer: Septic Connected
  • Utilities: All Public, PGEE, PRPN
  • Water Source: Storage Tank, Well
  • Heating: Propane
  • Laundry Features: Inside Room

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Assessor Parcel Number: 118-240-07-00
  • Lot Size Sq Ft: 45302

Building Info

  • Year Built: 1951

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2025
Sold by
Jefferson And Diana Jallo 2014 Trust and Jallo Jefferson
Bought by
Mendocino Ocean Trails Llc
Current Estimated Value
$1,431,558

Purchase Details

Listed on
Oct 17, 2020
Closed on
Dec 22, 2020
Sold by
Hodges Hardy and Hodges Kimberly
Bought by
Jefferson And Diana Jallo 2014 Trust and Jallo
Seller's Agent
Margaret Wilson
Mendo Sotheby's International
Buyer's Agent
Greg Burke
Mendo Sotheby's International
List Price
$1,186,000
Sold Price
$1,186,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.20%
Original Mortgage
$883,875
Interest Rate
2.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2000
Sold by
Mcwilliams George Allen and Mcwilliams Marguerite Stanley
Bought by
Dertner Tom C and Dertner Erin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,600
Interest Rate
7.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2000
Sold by
Katherine Mcwilliams
Bought by
Mcwilliams George Allen and Mcwilliams Marguerite Stanley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.72%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Mendocino Ocean Trails Llc -- None Listed On Document
Jefferson And Diana Jallo 2014 Trust $1,186,000 Redwood Empire Title
Dertner Tom C $259,500 First American Title Co
Mcwilliams George Allen $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jallo Jefferson $883,875
Previous Owner Dertner Tom C $270,000
Previous Owner Dertner Tom C $650,000
Previous Owner Dertner Thomas $200,000
Previous Owner Dertner Tom C $322,700
Previous Owner Dertner Tom C $207,600
Previous Owner Mcwilliams Katherine $50,000
Previous Owner Mcwilliams George Allen $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2020 12/28/20 Sold $1,186,000 0.0% $456 / Sq Ft
10/27/2020 10/27/20 Pending -- -- --
10/17/2020 10/17/20 For Sale $1,186,000 -- $456 / 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 $14,713 $1,300,024 $541,216 $758,808
2023 $14,713 $945,938 $490,948 $454,990
2022 $11,209 $912,207 $481,322 $430,885
2021 $11,012 $894,322 $471,885 $422,437
2020 $10,355 $918,372 $467,041 $451,331
2019 $10,267 $903,825 $457,887 $445,938
2018 $10,120 $888,110 $448,911 $439,199
2017 $9,778 $870,290 $440,109 $430,181
2016 $9,497 $851,979 $431,481 $420,498
2015 $6,217 $548,095 $255,672 $292,423
2014 $6,176 $549,361 $250,664 $298,697
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 22025313

Bay Area Real Estate Information Services (BAREIS)

APN: 118-240-07-00