NOT LISTED FOR SALE

Estimated Value: $60,298 - $102,000

0.04 Acre
$2,274,621 Price per Acre
1,725 Sq Ft Lot

Sale Details

Date Sold: October 20, 2023

Last sale price $66,000

Est. 36% increase in value since last sale

Current estimated payment $780 / mo

173 Days on Market

Highlights

  • Ocean View
  • Cul-De-Sac
  • Many Trees
  • Mendocino High School Rated 9+
  • Greenbelt
  • Grass Covered Lot

About This Lot

As of October 2023

Filtered ocean views from a coastal forest setting and walking distance to the seaside village of Mendocino! Even better, this parcel has access to underground electricity, mutual water, and mutual septic. The Hills Ranch community features a green belt with natural vegetation between the houses to preserve privacy. The lot is small, but the way it works here is that you build right up to the edges of the lot and then the greenbelt becomes your yard (and someone else maintains it, yeah!) On similar-sized lots, neighbors in this cul-de-sac have built homes like 1742 sf with 3 bedrooms and 3 baths and 2063 sf with 2 bedrooms and 3 baths so there is plenty of room. Amazing price for land this close to the ocean! Terms: Cash or seller may carry the loan with $18,000 down at 6% interest for 10 years. Payments would be $577.31 per month. Seller may also consider other terms.

Last Agent to Sell the Property

Tammy Tengs

Land22 Real Estate License #01436288 Listed on: 04/04/2023

Last Buyer's Agent

Kevin McDonald

Sotheby's International Realty License #01944953

Property Details

Property Type

  • Land

Lot Details

  • 1,725 Sq Ft Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Many Trees
  • Grass Covered Lot
  • Possible uses of the property include Single Family, Residential
  • Zoning described as Single-Family,Residential

HOA Fees

  • $217 Monthly HOA Fees

Property Views

  • Ocean
  • Woods
  • Mountain
  • Hills

Utilities

  • Shared Water Source
  • Shared Septic
  • Phone Available

Community Details

  • Hills Ranch Association, Phone Number (800) 443-5746
  • Greenbelt

Listing and Financial Details

  • Assessor Parcel Number 119-530-29-00

Property Details

Property Type

Land

Lot Details

1,725 Sq Ft Lot

HOA Fees

$217 per month

Listing Details

  • Property Type: Land
  • Property Subtype 1: Residential Lot
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Other Structures: None
  • Disclosures/Documents: CC&Rs
  • Fencing: None
  • Horse Property: No
  • Listing Price: 70000.00
  • Lot Features: Shape Regular, Greenbelt, Cul-De-Sac
  • Road Frontage: Private Road
  • Road Surface Type: Paved
  • Topography: Gently Sloped,Lot Sloped,Trees
  • View Description: Woods, Water, Ocean, Mountains, Hills

Utilities

  • Sewer: Shared Septic, Sewer Available
  • Utilities: Water Available, Phone Available
  • Electric: Electric Available
  • Water Source: Mutual Water

Condo/Co-op/Association

  • Association Fee: 217
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Other
  • Association Name: Hills Ranch
  • Association Phone: (800) 443-5746
  • Association: Yes
  • Community Features: Greenbelt
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Current Use: Vacant
  • Number of Lots: 1
  • Zoning Description: Single-Family,Residential
  • Irrigation: None
  • Lot Size Acres: 0.0396
  • Lot Size Sq Ft: 1725.00
  • Possible Use: Single Family, Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Assessor Parcel Number: 119-530-29-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2023
Closed on
Oct 12, 2023
Sold by
Sommers Robin
Bought by
Mara-Corra Trust and Mara
Seller's Agent
Tammy Tengs
Land22 Real Estate
Buyer's Agent
Kevin McDonald
Sotheby's International Realty
List Price
$107,000
Sold Price
$66,000
Premium/Discount to List
-$41,000
-38.32%
Views
836
Current Estimated Value
$90,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,075
Avg. Annual Appreciation
13.59%

Purchase Details

Listed on
Apr 4, 2023
Closed on
Oct 11, 2023
Sold by
Sommers Robin
Bought by
Mara-Corra Trust and Mara
Seller's Agent
Tammy Tengs
Land22 Real Estate
Buyer's Agent
Kevin McDonald
Sotheby's International Realty
List Price
$107,000
Sold Price
$66,000
Premium/Discount to List
-$41,000
-38.32%
Views
836

Purchase Details

Closed on
Aug 30, 2019
Sold by
Seastack Enterprises Llc
Bought by
Sommers Robin

Purchase Details

Closed on
Mar 29, 2006
Sold by
Artman Larry R and Artman Nancy J
Bought by
Seastack Enterprises Llc

Purchase Details

Closed on
Apr 11, 2005
Sold by
Bitle Paul and Bitle Mary E
Bought by
Artman Larry R and Artman Nancy J

Purchase Details

Closed on
Mar 25, 2003
Sold by
Casey Michael J and Ramsey Casey Deborah
Bought by
Bitle Paul and Bitle Mary E

Purchase Details

Closed on
Jul 24, 2000
Sold by
Bettega Michael L and Bettega Susan J
Bought by
Casey Michael J and Ramsey Casey Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.2%
Mortgage Type
Purchase Money Mortgage
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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Purchase History

Date Buyer Sale Price Title Company
Mara-Corra Trust $66,000 Redwood Empire Title
Mara-Corra Trust $66,000 Redwood Empire Title
Sommers Robin $95,000 Redwood Empire Ttl Co Of Men
Seastack Enterprises Llc $260,000 Redwood Empire Title
Artman Larry R $279,000 First American Title
Bitle Paul -- First American Title Co
Casey Michael J $85,000 Redwood Empire Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Casey Michael J $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2023 10/20/23 Sold $66,000 -5.7% --
09/24/2023 09/24/23 Pending -- -- --
09/21/2023 09/21/23 Price Changed $70,000 -20.5% --
06/19/2023 06/19/23 Price Changed $88,000 -17.8% --
04/04/2023 04/04/23 For Sale $107,000 -- --
Source: MetroList

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 $928 $67,320 $67,320 --
2023 $928 $99,861 $99,861 $0
2022 $1,356 $97,903 $97,903 $0
2021 $1,335 $95,984 $95,984 $0
2020 $1,225 $95,000 $95,000 $0
2019 $1,399 $110,000 $110,000 $0
2018 $1,402 $110,000 $110,000 $0
2017 $1,258 $110,000 $110,000 $0
2016 $1,469 $130,000 $130,000 $0
2015 $1,486 $120,000 $120,000 $0
2014 $1,362 $120,000 $120,000 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MetroList

MLS Number: 323020181

MetroList

APN: 119-530-29-00

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