NOT LISTED FOR SALE

221 Observatory Ave Unit A Ukiah, CA 95482

Estimated Value: $418,000 - $2,056,170

30 Beds
6 Baths
10,635 Sq Ft
$142/Sq Ft Est. Value

Last Sold November 15, 2024

Last sale price $1,800,000 $169 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $8,597/month

57 Days on Market

Highlights

  • Fenced Yard
  • Landscaped
  • 10 Car Garage
  • Cooling Available
  • Central Heating
  • 5-minute walk to Observatory Park

About This Home

As of November 2024

Conveniently located between downtown Ukiah and the Ukiah airport with abundant shopping and restaurants nearby, this 10-unit complex in four detached buildings offer townhome-style floor plans, all featuring 3-BR; 1-1/2 BA; 2-story configurations, with fireplaces in each living room. Buildings were recently repainted and grounds re-landscaped. All units have private garages with roll-up doors recently replaced. Zoned R-3 (Multi-family), the individual units were assigned separate assessor's parcel numbers, providing an advantage should the buyer wish to pursue a condominium conversion.

Last Listed By

Eric Ziedrich

The Agency License #02067080 Listed on: 09/06/2024

The Agency

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,724

Lot Details

  • 0.68 Acre Lot
  • Fenced Yard
  • Landscaped

Parking

  • 10 Car Garage
  • Uncovered Parking

Home Design

  • Updated or Remodeled

Interior Spaces

  • 10,635 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector
  • Electric Cooktop

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 003-590-04-00

Community Details

Overview

  • 4 Buildings
  • 10 Units

Building Details

  • Gross Income $258,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,724

Lot Details

0

Parking

10

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Directions To Property: Hwy 101 to Exit 548A toward Talmage; right onto S. State Street; left onto Observatory Avenue to destination.
  • Lot Size Acres: 0.6800
  • CapRate: 6.00
  • Levels: Two
  • Actual or Scheduled: Scheduled
  • Special Features: None

Interior Features

  • Appliances: Electric Cook Top, Free Standing Refrigerator
  • Square Footage: 10635.00
  • NumberOfBuildings: 4

Exterior Features

  • Lot Features: Landscape Back, Landscape Front, Sidewalk
  • Property Condition: Updated/Remodeled
  • ExteriorFeatures: Fenced Yard

Garage/Parking

  • Parking Features: Garage, Uncovered
  • Total Parking Spaces: 20.00
  • Garage Spaces: 10.00

Utilities

  • Cooling: Individual
  • Security Features: Smoke Detector
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Central
  • Laundry Features: In Each Unit, Washer/Dryer Hookups

Association/Amenities

  • Unit: A

Lot Info

  • Assessor Parcel Number: 003-590-04-00
  • Lot Size Sq Ft: 29621.00

Multi Family

  • Three Bedroom Rent Range: $1,475 - $2,150
  • Number Of3 Bedrooms Occupied: 10
  • Number of 3 Bedroom Units: 10
  • NumberOfUnitsTotal: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2024
Closed on
Nov 12, 2024
Sold by
Gutknecht Messina 2016 Trust and Messina Gerald F
Bought by
Nuon Phara
Seller's Agent
Eric Ziedrich
The Agency
Buyer's Agent
Judy Chen
Keller Williams Realty
List Price
$212,500,000
Sold Price
$1,800,000
Premium/Discount to List
-$210,700,000
-99.15%
Total Days on Market
57
Views
14
Current Estimated Value
$1,514,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$285,457
Avg. Annual Appreciation
-30.11%
Original Mortgage
$1,150,000
Outstanding Balance
$1,146,626
Interest Rate
6.12%
Mortgage Type
Seller Take Back
Estimated Equity
$385,364

Purchase Details

Closed on
Feb 23, 2022
Sold by
Gutknecht Harold J
Bought by
Gutknecht Messina 2016 Trust

Purchase Details

Closed on
Dec 22, 2017
Sold by
Gutknecht Harold J
Bought by
Gutknecht Harold J and Messina Gerals F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
3.91%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 18, 2002
Sold by
Gutknecht Harold John
Bought by
Gutknecht Harold J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.28%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 28, 2000
Sold by
Gutknecht Harold J
Bought by
Gutknecht Harold John

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
Nuon Phara $1,800,000 Fidelity National Title Compan
Nuon Phara $1,800,000 Fidelity National Title Compan
Gutknecht Harold J -- None Available
Gutknecht Harold J -- First American Title Co
Gutknecht Harold John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nuon Phara $1,150,000
Closed Nuon Phara $1,150,000
Previous Owner Gutknechl Harold J $85,000
Previous Owner Gutknecht Harold J $43,500
Previous Owner Gutknecht Harold J $50,000
Previous Owner Gutknecht Harold J $585,000
Previous Owner Gutknecht Harold J $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2024 11/15/24 Sold $1,800,000 -15.3% $169 / Sq Ft
11/02/2024 11/02/24 Pending -- -- --
10/03/2024 10/03/24 Price Changed $2,125,000 -99.0% $200 / Sq Ft
09/06/2024 09/06/24 For Sale $212,500,000 -- $19,981 / 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
2023 $1,724 $132,590 $26,506 $106,084
2022 $1,655 $129,992 $25,990 $104,002
2021 $1,543 $127,444 $25,481 $101,963
2020 $1,522 $126,215 $25,242 $100,973
2019 $1,437 $123,740 $24,747 $98,993
2018 $1,401 $121,314 $24,262 $97,052
2017 $1,378 $118,936 $23,786 $95,150
2016 $1,337 $116,605 $23,320 $93,285
2015 $1,327 $114,854 $22,970 $91,884
2014 $1,296 $112,605 $22,520 $90,085
Source: Public Records

Agents Affiliated with this Home

  • Eric Ziedrich

    Seller's Agent in 2024

    Eric Ziedrich

    The Agency

    (707) 431-9663

    36 Total Sales

    Eric Ziedrich
    Section Image
  • Judy Chen

    Buyer's Agent in 2024

    Judy Chen

    Keller Williams Realty

    (707) 486-6802

    125 Total Sales

    Judy Chen
    Section Image
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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 324078897

Bay Area Real Estate Information Services (BAREIS)

APN: 003-590-01-00

California Mendocino County Ukiah 95482

221 Observatory Ave Unit A, Ukiah, CA

Homes for Sale in Ukiah, CA

This home is located at 221 Observatory Ave Unit A, Ukiah, CA 95482 since 06 September 2024 and is currently estimated at $1,514,543, approximately $142 per square foot. 221 Observatory Ave Unit A is a home located in Mendocino County with nearby schools including Nokomis Elementary School, Pomolita Middle School, and Ukiah High School.

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Bay Area Real Estate Information Services (BAREIS) Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.