NOT LISTED FOR SALE

Estimated Value: $1,902,251

Studio
-- Bath
-- Sq Ft
0.47 Acres

Last Sold August 05, 2020

Last sale price $1,650,000

Est. 15% increase in value since last sale

Current estimated payment $11,808/month

81 Days on Market

Highlights

  • View of Hills
  • Fenced Yard
  • Central Heating and Cooling System
  • No HOA
  • Landscaped
  • 9 Car Garage

About This Home

As of August 2020

Nine 3 Bed / 3 Bath Townhomes located in central Ukiah in the best residential neighborhood a few minutes drive from all the local shopping and dining amenities. These Townhomes all have attached garages, double pane windows, central heat and air, and full-size washer and dryers. Only a 2 min drive to the new CostCo and 3 min drive to the 101 frwy. Local Retailers: Costco, Walmart, Rite Aid, and Mendocino Farm Supply Coffee Shops & Restaurants: Schats, Caf Med, Marino's Pizza, Denny's, Mountain Mike's, Jack-in-the-Box, Applebee's and Starbucks. Grocery Stores: Ukiah Natural Foods and Safeway Entertainment & Fitness: Regal Cinema and Anytime Fitness

Last Agent to Sell the Property

David Hosbein

David Hosbein License #01337628 Listed on: 03/26/2020

Last Buyer's Agent

John Lazaro

Coldwell Banker Mendo Realty License #00928841

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,143

Year Built

  • Built in 2002

Lot Details

  • 0.47 Acre Lot
  • Fenced Yard
  • Landscaped

Parking

  • 9 Car Garage
  • 3 Open Parking Spaces

Home Design

  • Slab Foundation
  • Ceiling Insulation
  • Shingle Roof
  • Shingle Siding
  • Stucco

Flooring

  • Carpet
  • Linoleum

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • High Speed Internet

Additional Features

  • Views of Hills
  • Laundry in unit
  • City Lot

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 003-090-35-00

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 9 Units

Building Details

  • Insurance Expense $4,050
  • Maintenance Expense $7,200
  • Other Expense $4,450
  • Professional Management Expense $7,200
  • Operating Expense $47,943
  • Net Operating Income $121,057

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,143

Year Built

Built in 2002

Lot Details

0

Parking

9

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 2002
  • Levels: 0
  • Number of Three Bedroom Units: 9
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Appliances: Gas Water Heater
  • Flooring: Carpet, Linoleum/Vinyl
  • Basement: None
  • Price Per Square Foot: 101.85
  • Window Features: Dual Pane

Exterior Features

  • Construction Materials: Ceiling Insulation, Shingle Siding, Stucco
  • Exterior Features: Fenced Yard, Yard Space
  • Foundation: Slab
  • Listing Price: 1650000.00
  • Lot Features: Landscape Back, Landscape Front, City
  • Roof: Shingle
  • View Description: Hills

Garage/Parking

  • Open Parking Spaces: 3.00
  • Garage Spaces: 9.00
  • Parking Features: Garage

Utilities

  • Security: Smoke Detector
  • Sewer: Public Sewer
  • Utilities: City, Internet Available
  • Cooling: Central
  • Heating: Central
  • Laundry Features: In Each Unit
  • Water Source: Public
  • Separate Meters: Electricity,Gas

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Lot Info

  • Lot Size Acres: 0.4700
  • Lot Size Sq Ft: 20473.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas
  • Lease Term: 12 Months

Multi Family

  • Operating Expense: 47943
  • Insurance Expense: 4050
  • Maintenance Expense: 7200
  • Number of Units: 9
  • Units Furnished: None
  • Three Bedroom Annual Occupancy: 100
  • Three Bedrooms Occupied: 9
  • 1 Bedroom Rent Range: 0
  • Two Bedroom Rent Range: 0
  • Three Bedroom Rent Range: 1400-1500
  • Four Bedroom Rent Range: 0
  • Studio Rent Range: 0

Tax Info

  • Assessor Parcel Number: 003-090-35-00
  • Current RE Taxes: 20143
  • Bonds/Assessments/Taxes Description: Transfer Tax City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2017
Sold by
Ham John T
Bought by
Dry Creek Townhouses Llc
Current Estimated Value
$1,902,251

Purchase Details

Closed on
Sep 24, 2014
Sold by
Ham John T
Bought by
Ham John T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$730,000
Interest Rate
4.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 18, 2014
Sold by
Hill Beatrice
Bought by
Ham John T

Purchase Details

Closed on
Nov 13, 2002
Sold by
Hill Beatrice
Bought by
Harn John T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
5.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 11, 2002
Sold by
Castillo Nicolas and Castillo Jessie Pearl
Bought by
Ham John T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
5.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 14, 2001
Sold by
Palmer John B and Palmer Maxine Z
Bought by
Castillo Nicolas and Castillo Jessie Pearl
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
Dry Creek Townhouses Llc -- None Available
Dry Creek Townhouses Llc -- None Available
Ham John T -- Fidelity National Title Co
Ham John T -- Fidelity National Title Co
Ham John T -- None Available
Ham John T -- None Available
Harn John T -- First American Title Co
Harn John T -- First American Title Co
Ham John T $1,300,000 First American Title Co
Ham John T $1,300,000 First American Title Co
Castillo Nicolas $25,000 --
Castillo Nicolas $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ham John T $730,000
Previous Owner Ham John T $910,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2020 08/05/20 Sold $1,650,000 -4.9% --
06/15/2020 06/15/20 Pending -- -- --
03/26/2020 03/26/20 For Sale $1,735,000 -- --
Source: MetroList

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 $22,453 $1,795,008 $270,608 $1,524,400
2023 $21,624 $1,718,458 $260,100 $1,458,358
2022 $21,484 $1,757,953 $341,181 $1,416,772
2021 $20,875 $1,723,528 $334,492 $1,389,036
2020 $20,578 $1,311,656 $250,000 $1,061,656
2019 $14,937 $1,286,554 $250,000 $1,036,554
2018 $14,848 $1,285,500 $250,000 $1,035,500
2017 $13,405 $1,156,570 $250,000 $906,570
2016 $13,216 $1,152,197 $250,000 $902,197
2015 $12,712 $1,100,590 $301,271 $799,319
2014 $12,395 $1,076,887 $295,370 $781,517
Source: Public Records

Agents Affiliated with this Home

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Source: MetroList

MLS Number: 22006905

MetroList

APN: 003-090-35-00