NOT LISTED FOR SALE

582 N State St Ukiah, CA 95482

Estimated Value: $1,142,939

5 Beds
10 Baths
-- Sq Ft
1890 Built

Last Sold February 16, 2024

Last sale price $1,102,500

Est. 4% increase in value since last sale

Current estimated payment $6,601/month

113 Days on Market

Highlights

  • Victorian Architecture
  • Tile Flooring
  • Central Heating and Cooling System
  • 5 Car Detached Garage

About This Home

As of February 2024

Rarely do you see a multi-family building of this caliber hit the market for sale. Thus ultra high quality structure offers 5 separate units, all individually metered and all in very good condition. Originally built in 1898 as a Queen Anne style home, and later used as a well known candy store in downtown Ukiah, this building was purchased and renovated between 2001 and 2003. Offering off street covered parking, newer roof, sprinklered interiors, copper gutters and downspouts, and so much more. If you add this property to your portfolio, this will be your trophy.

Last Agent to Sell the Property

John Lazaro

Coldwell Banker Mendo Realty License #00928841 Listed on: 08/01/2023

Coldwell Banker Mendo Realty

Last Buyer's Agent

Josh Huff

RE/MAX Gold - Selzer and Assoc License #01887336

RE/MAX Gold - Selzer and Assoc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890 | Remodeled

Lot Details

  • 87 Sq Ft Lot

Home Design

  • Victorian Architecture
  • Concrete Foundation
  • Composition Roof

Interior Spaces

  • 5 Bedrooms
  • 2-Story Property

Kitchen

  • Free-Standing Electric Oven
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Linoleum
  • Laminate
  • Tile

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Suppression System

Parking

  • 5 Car Detached Garage
  • 3 Open Parking Spaces
  • 5 Carport Spaces

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Individual Gas Meter
  • Separate Water Meter
  • Internet Available
  • Cable TV Available

Community Details

  • 5 Units
  • Gross Income $80,316

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, sewer, trash collection, water
  • Assessor Parcel Number 002-146-39-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1890 | Remodeled

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Directions To Property: West side of State Street between Norton Street and Clara Street.
  • Lot Size Acres: 0.0020
  • Stories: 2
  • CapRate: 4.17
  • Actual or Scheduled: Scheduled
  • ArchitecturalStyle: Victorian
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Free Standing Electric Oven, Free Standing Refrigerator, Microwave
  • Flooring: Carpet, Laminate, Linoleum, Tile
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Lot Features: Curbs/Gutters, Sidewalk
  • Property Condition: Updated/Remodeled
  • Roof: Composition
  • View: Varies By Unit

Garage/Parking

  • Parking Features: Carport, Detached
  • Total Parking Spaces: 5.00
  • Carport Spaces: 5.00
  • OpenParkingSpaces: 3.00

Utilities

  • Cooling: Central
  • Security Features: Carbon Mon Detector, Double Strapped Water Heater, Fire Extinguisher, Fire Suppression System, Security Lights, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available, City, Internet Available, Natural Gas Connected
  • Water Source: Water District
  • Heating: Central
  • Laundry Features: Other
  • Separate Meters: Electricity, Gas, Water, Other

Schools

  • Middle/Junior School District: Ukiah Unified

Lot Info

  • Assessor Parcel Number: 002-146-39-00
  • Lot Size Sq Ft: 87.00

Rental Info

  • TenantPays: Cable TV, Electricity, Gas, Sewer, Trash Collection, Water

Building Info

  • Year Built: 1890

Multi Family

  • One Bedroom Annual Occupancy: 90
  • 1 Bedroom Rent Range: 1250
  • Two Bedroom Annual Occupancy: 90
  • Two Bedroom Rent Range: 1500-1650
  • Number Of1 Bedrooms Occupied: 1
  • Number of 1 Bedroom Units: 3
  • NumberOfUnitsTotal: 5

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2023
Closed on
Feb 9, 2024
Sold by
Mp Mountanos Inc
Bought by
Mendocino Community Health Clinic Inc
Seller's Agent
John Lazaro
Coldwell Banker Mendo Realty
Buyer's Agent
Josh Huff
RE/MAX Gold - Selzer and Assoc
List Price
$1,150,000
Sold Price
$1,102,500
Premium/Discount to List
-$47,500
-4.13%
Views
77
Current Estimated Value
$1,142,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,439
Avg. Annual Appreciation
1.95%
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
Mendocino Community Health Clinic Inc $1,102,500 Redwood Empire Title
Mp Mountanos Inc $200,000 Redwood Empire Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2024 02/16/24 Sold $1,102,500 0.0% --
02/15/2024 02/15/24 Off Market $1,102,500 -- --
02/08/2024 02/08/24 For Sale $1,150,000 +4.3% --
02/01/2024 02/01/24 Off Market $1,102,500 -- --
08/01/2023 08/01/23 For Sale $1,150,000 -- --
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 $7,356 $1,124,550 $510,000 $614,550
2023 $7,356 $563,367 $161,136 $402,231
2022 $7,063 $552,322 $157,977 $394,345
2021 $6,557 $541,493 $154,880 $386,613
2020 $6,464 $535,974 $153,316 $382,658
2019 $6,101 $525,466 $150,310 $375,156
2018 $5,950 $515,164 $147,363 $367,801
2017 $5,854 $505,068 $144,475 $360,593
2016 $5,680 $495,166 $141,643 $353,523
2015 $5,633 $487,732 $139,516 $348,216
2014 $5,504 $478,180 $136,784 $341,396
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 323052931

Bay Area Real Estate Information Services (BAREIS)

APN: 002-146-39-00