NOT LISTED FOR SALE

94601 Mina Rd Covelo, CA 95428

Estimated Value: $373,000 - $696,000

85 Acres
$5,690 Price per Acre
3,702,600 Sq Ft Lot

Last Sold March 04, 2016

Last sale price $352,000 $0 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,105/month

51 Days on Market

Highlights

  • 85 Acre Lot
  • Mountain View
  • Spring water is a source of water for the property

About This Lot

As of March 2016

Northern Mendocino County, mixture of open meadows and forested areas, nice views, developed spring water, has many large flat bench areas and easy access to the North fork Eel River, has approximately 1/2 mile of pristine river frontage.

Last Agent to Sell the Property

Randy Weston

Summit Realty License #00688068 Listed on: 01/12/2016

Last Buyer's Agent

Randy Weston

Summit Realty License #00688068 Listed on: 01/12/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,635

Lot Details

  • 85 Acre Lot
  • Property fronts a county road
  • Zoning described as 2nd Unit Possible,Farm/Ranch,Horses Allowed,Livestock,Recreation,Residential,Single-Family

Property Views

  • Mountain Views

Utilities

  • No Utilities
  • Spring water is a source of water for the property
  • Private Water Source

Listing and Financial Details

  • Assessor Parcel Number 031-160-48-00

Property Details

Property Type

Land

Est. Annual Taxes

$5,635

Lot Details

0

Listing Details

  • Type: Land
  • Property Sub Type: Residential Acreage
  • Directions To Property: Go approximately 18 miles past Covelo on Mina Rd.
  • Lot Size Acres: 85.0000
  • Road Frontage Type: County Road
  • Road Surface Type: Gravel
  • Sale Lease Rent: Sale
  • Special Features: None

Exterior Features

  • Fencing: None
  • View: Mountains

Utilities

  • Sewer: TBD
  • Utilities: None
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Assessor Parcel Number: 031-160-48-00
  • Lot Size Sq Ft: 3702600
  • Price Per Acre: 4141.18
  • CurrentUse: Recreational
  • Irrigation: Riparian Rights, Spring(s), Stream Year Round
  • NumberOfLots: 1
  • Zoning Description: 2nd Unit Possible,Farm/Ranch,Horses Allowed,Livestock,Recreation,Residential,Single-Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2016
Closed on
Mar 1, 2016
Sold by
Branscomb Investments
Bought by
Magid Ryan
Seller's Agent
Randy Weston
Summit Realty
Buyer's Agent
Randy Weston
Summit Realty
List Price
$352,000
Sold Price
$352,000
Current Estimated Value
$483,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,667
Avg. Annual Appreciation
3.41%
Original Mortgage
$264,000
Outstanding Balance
$210,622
Interest Rate
3.81%
Mortgage Type
Seller Take Back
Estimated Equity
$273,045

Purchase Details

Closed on
Aug 27, 2015
Sold by
Turchan Manuel
Bought by
Branscomb Investment

Purchase Details

Closed on
Mar 23, 2010
Sold by
Shin Celeste
Bought by
Turchan Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,641
Interest Rate
4.94%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 7, 2006
Sold by
Branscomb Investments
Bought by
Shin Celeste

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.15%
Mortgage Type
Seller Take Back
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
Magid Ryan $352,000 Redwood Empire Title Co Mend
Branscomb Investment $321,583 None Available
Turchan Manuel $650,000 First American Title Company
Shin Celeste $350,000 First American Title Co
Shin Celeste $400,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magid Ryan $264,000
Previous Owner Turchan Manuel $0
Previous Owner Turchan Manuel $224,641
Previous Owner Turchan Manuel $280,000
Previous Owner Turchan Manuel $20,000
Previous Owner Shin Celeste $280,000
Previous Owner Shin Celeste $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2016 03/04/16 Sold $352,000 0.0% $0 / Sq Ft
03/03/2016 03/03/16 Pending -- -- --
01/12/2016 01/12/16 For Sale $352,000 -- $0 / 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 $5,635 $528,765 $378,812 $149,953
2023 $5,635 $508,234 $364,103 $144,131
2022 $5,556 $498,269 $356,964 $141,305
2021 $5,515 $488,500 $349,965 $138,535
2020 $5,492 $483,490 $346,374 $137,116
2019 $5,209 $474,012 $339,584 $134,428
2018 $4,982 $464,721 $332,928 $131,793
2017 $3,806 $359,040 $326,400 $32,640
2016 $2,905 $270,000 $245,000 $25,000
2015 $4,128 $402,754 $375,904 $26,850
2014 $4,276 $394,868 $368,543 $26,325
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21600614

Bay Area Real Estate Information Services (BAREIS)

APN: 031-160-48-00