NOT LISTED FOR SALE

485 Mill St Willits, CA 95490

Estimated Value: $440,912

8 Beds
10 Baths
7,517 Sq Ft
$59/Sq Ft Est. Value

Last Sold August 09, 2022

Last sale price $505,000 $67 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $3,154/month

118 Days on Market

About This Home

As of August 2022

4-plex, 2-bed, 1-bath each unit, 2down/2 up, includes refrigs, elc. ranges, wall air conditioning, natural gas water heat. Units are 720 square feet each and reflect pride of ownership. New rent schedule effective in 60-90 days from 6/1/22. Great opportunity for investors! Take advantage while rates are still great!

Last Agent to Sell the Property

Eric Garbocci

W Real Estate License #01099717 Listed on: 03/04/2022

Property Details

Home Type

  • Multi-Family

Lot Details

  • 7,684 Sq Ft Lot
  • Sprinkler System

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 8 Bedrooms
  • 7,517 Sq Ft Home
  • 2-Story Property
  • Free-Standing Electric Range
  • Laundry closet

Flooring

  • Carpet
  • Linoleum

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Parking Spaces
  • On-Street Parking
  • Uncovered Parking

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • Natural Gas Connected
  • Individual Gas Meter

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 006-080-23-00

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: Quadruplex
  • Subtype Description: Apartments
  • Directions To Property: W Hwy 20 to Coast St to Mill St
  • Lot Size Acres: 0.1764
  • Stories: 2
  • Year Built Details: Against Co. Policy
  • Actual or Scheduled: Actual
  • ArchitecturalStyle: Other
  • Special Features: None

Interior Features

  • Appliances: Free Standing Electric Range, Free Standing Refrigerator
  • Accessibility Features: Other
  • Flooring: Carpet, Linoleum
  • Price Per Square Foot: 67.18
  • Square Footage: 7517.00
  • NumberOfBuildings: 1

Exterior Features

  • Lot Features: Auto Sprinkler F&R
  • Property Condition: Varies By Unit
  • Roof: Composition

Garage/Parking

  • Parking Features: Street, Uncovered
  • Total Parking Spaces: 3.00

Utilities

  • Cooling: Window Unit(s)
  • Security Features: Carbon Mon Detector, Smoke Detector
  • Sewer: Public Sewer, Sewer Connected
  • Utilities: City, Natural Gas Connected
  • Water Source: Public
  • Heating: Wall Furnace
  • Laundry Features: Laundry Closet
  • Separate Meters: Electricity, Gas

Lot Info

  • Assessor Parcel Number: 006-080-23-00
  • Lot Size Sq Ft: 7684.00

Rental Info

  • TenantPays: Electricity, Gas

Multi Family

  • Two Bedroom Rent Range: $1,000
  • NumberOfUnitsTotal: 4

MLS Schools

  • School District (County): Mendocino

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2022
Closed on
Aug 17, 2022
Sold by
Theodore Defazio Ii and Theodore Kelly
Bought by
Tkjb Trust
Seller's Agent
Eric Garbocci
W Real Estate
List Price
$535,000
Sold Price
$505,000
Premium/Discount to List
-$30,000
-5.61%
Current Estimated Value
$440,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$64,088
Avg. Annual Appreciation
-3.95%
Original Mortgage
$378,750
Outstanding Balance
$362,950
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$77,962

Purchase Details

Listed on
Mar 4, 2022
Closed on
Aug 5, 2022
Sold by
Kerrigan and Richard
Bought by
Defazio Theodore and Defazio Kelly
Seller's Agent
Eric Garbocci
W Real Estate
List Price
$535,000
Sold Price
$505,000
Premium/Discount to List
-$30,000
-5.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,750
Outstanding Balance
$362,950
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$77,962

Purchase Details

Closed on
May 17, 2005
Sold by
Selzer Richard and Selzer Katie
Bought by
Kerrigan Richard and Kerrigan Debbie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
7.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 19, 2002
Sold by
Craighead Daniel W and Craighead Tana M
Bought by
Selzer Richard and Selzer Katie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,400
Interest Rate
5.86%
Mortgage Type
Commercial
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
Tkjb Trust -- None Listed On Document
Defazio Theodore $505,000 Fidelity National Title
Kerrigan Richard $390,000 Fidelity National Title Co
Selzer Richard $242,000 Redwood Empire Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Defazio Theodore $378,750
Previous Owner Kerrigan Richard $312,000
Previous Owner Selzer Richard $169,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2022 08/09/22 Sold $505,000 -4.3% $67 / Sq Ft
06/30/2022 06/30/22 Pending -- -- --
06/10/2022 06/10/22 Price Changed $527,500 -1.4% $70 / Sq Ft
04/11/2022 04/11/22 For Sale $535,000 0.0% $71 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $535,000 -- $71 / 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 $10,043 $525,402 $109,242 $416,160
2023 $10,043 $498,385 $233,114 $265,271
2022 $9,188 $488,614 $228,544 $260,070
2021 $9,147 $479,034 $224,063 $254,971
2020 $9,017 $475,341 $221,766 $253,575
2019 $9,005 $465,545 $217,418 $248,127
2018 $8,498 $456,371 $213,155 $243,216
2017 $8,169 $447,496 $208,976 $238,520
2016 $7,926 $438,739 $204,880 $233,859
2015 $7,842 $432,221 $201,803 $230,418
2014 $7,784 $424,014 $197,852 $226,162
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2022

    Eric Garbocci

    W Real Estate

    (707) 463-2570

    3 in this area

    50 Total Sales

    Eric Garbocci
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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 322019169

Bay Area Real Estate Information Services (BAREIS)

APN: 006-080-23-00

California Mendocino County Willits 95490

485 Mill St, Willits, CA

Not Listed for Sale

MultiFamily

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