NOT LISTED FOR SALE

Covelo, CA 95428

27 Beds
-- Bath
10,000 Sq Ft
409,464 Sq Ft Lot

Sale Details

Date Sold: March 7, 2018

Last sale price $700,000 $70 Per Sq Ft

276 Days on Market

Highlights

  • 9.4 Acre Lot
  • Engineered Wood Flooring
  • Heating Available
  • Mountain View
  • Garage

About This Home

As of March 2018

11 houses built on one parcel in Mendocino County--6-- 2bd, 1 ba, and 5-- 3bd, 1 ba. Shared well and individual septics for each house. Large fenced yards, some garages, some carports. Proven income generator ---currently at $128k annually and rents are below market. Long term tenants want to stay. Appt. only-do not disturb tenants.

Last Agent to Sell the Property

John Wiebe

Diamond Real Estate Services License #00934564 Listed on: 04/21/2017

Co-Listed By

John Diamond Wiebe

Inactive Office License #01389432

Last Buyer's Agent

Non-Member 999999

Non-member Office

Property Details

Home Type

  • Multi-Family

Lot Details

  • 9.4 Acre Lot

Home Design

  • Composition Roof

Interior Spaces

  • 10,000 Sq Ft Home
  • Mountain Views
  • Fire and Smoke Detector

Flooring

  • Engineered Wood
  • Carpet

Parking

  • Garage
  • Carport
  • Off-Street Parking

Utilities

  • Heating Available
  • Shared Well
  • Septic System
  • TV Antenna

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Assessor Parcel Number 032-330-20-00

Community Details

Overview

  • 12 Buildings
  • 11 Units

Building Details

  • Gross Income $128,670

Property Details

Home Type

Multi-Family

Lot Details

9.4 Acres

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Directions To Property: Hwy. 101, to Hwy. 162 to PIQ
  • Lot Size Acres: 9.4000
  • CapRate: 14.30
  • Signs: No
  • Year Built Details: Unknown
  • Actual or Scheduled: Scheduled
  • Special Features: None
  • Stories: 0

Interior Features

  • Accessibility Features: None
  • Flooring: Carpet, LVYN, Simulated Wood
  • Price Per Square Foot: 70.00
  • Square Footage: 10000
  • NumberOfBuildings: 12

Exterior Features

  • Foundation: Other
  • Roof: Composition
  • View: Mountains

Garage/Parking

  • Parking Features: Carport, Garage, Off Street, RVBT

Utilities

  • Cooling: Other
  • Security Features: Smoke Detector
  • Sewer: Other, Septic Connected
  • Utilities: Dish Antenna, PGEE
  • Water Source: Shared Well
  • Heating: Electric, Other
  • Laundry Features: Other
  • Separate Meters: Electricity

Lot Info

  • Assessor Parcel Number: 032-330-20-00
  • Lot Size Sq Ft: 409464

Rental Info

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

Multi Family

  • Two Bedroom Annual Occupancy: 100
  • Two Bedroom Rent Range: $905-$965
  • Three Bedroom Annual Occupancy: 100
  • Three Bedroom Rent Range: $800-$1565
  • Number Of2 Bedrooms Occupied: 6
  • Number Of3 Bedrooms Occupied: 5
  • Number of 3 Bedroom Units: 5
  • NumberOfUnitsTotal: 11
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Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2018 03/07/18 Sold $700,000 0.0% $70 / Sq Ft
01/22/2018 01/22/18 Pending -- -- --
04/21/2017 04/21/17 For Sale $700,000 -- $70 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Agents Affiliated with this Home

  • John Wiebe

    Seller's Agent in 2018

    John Wiebe

    Diamond Real Estate Services

    (530) 559-2955

    9 Total Sales

    John Wiebe
    Section Image
  • John Diamond Wiebe

    Seller Co-Listing Agent in 2018

    John Diamond Wiebe

    Inactive Office

    (530) 263-3329

    2 Total Sales

    John Diamond Wiebe
    Section Image

  • N

    Buyer's Agent in 2018

    Non-Member 999999

    Non-member Office

See All Agents

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21708487

Bay Area Real Estate Information Services (BAREIS)
California Mendocino County Covelo

95428

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bay Area Real Estate Information Services (BAREIS) Listing information deemed reliable but not guaranteed. Copyright 2026 Bay Area Real Estate Information Services, Inc. All Right Reserved.

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