Seller's Agent in 2024
Jim Eldrige
Mendo Sotheby's International
(707) 937-5822
17 Total Sales
45151 Fern Dr Mendocino, CA 95460
Estimated Value: $1,066,000 - $1,155,591
3
Beds
2.5
Baths
2,124
Sq Ft
$521/Sq Ft
Est. Value
Highlights
- Ocean View
- Main Floor Primary Bedroom
- Living Room
- Mendocino High School Rated 9+
- 2 Car Attached Garage
- Bathroom on Main Level
About This Home
As of October 2024Step into a Mendocino storybook! Nestled on an elegant lane on the ocean side of the Pacific Coast Highway, this gorgeous turnkey property boasts a pristine upscale 3 bed/2.5 bath cottage on over half an acre, surrounded by lush, lovingly curated landscaping. Only minutes from the historic town of Mendocino, and a short walk to deeded blufftop trail access and Russian Gulch State Park, this property has been fulfilling visitors' coastal dreams as a successful and well-reviewed vacation rental since January 2022, effortlessly achieving a 60% occupancy rate despite weeks of being blocked off for home improvements and blissful owner visits. The home manages to be both manageable in size and yet surprisingly spacious, sleeping eight comfortably in four queen and king-size beds, and includes a first floor primary bedroom suite outfitted with its own dressing area and washer-dryer. Recent home upgrades include a new roof, complete exterior paint, new interior paint, full duct cleaning, new electrical panels, carpeting, smart wifi locks, high-end crystal door hardware, Ecobee smart thermostat, window shades, extensive tree work, and a refurbished garden! Complete with brick propane-start fireplace, a two-car garage, an outdoor enclosed dining patio, and a large outdoor spa.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,897
Year Built
- Built in 1977
Lot Details
- 0.58 Acre Lot
- Landscaped
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Uncovered Parking
Interior Spaces
- 2,124 Sq Ft Home
- 2-Story Property
- Wood Burning Fireplace
- Brick Fireplace
- Living Room
- Dining Room
- Ocean Views
- Laundry in Garage
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Bathroom on Main Level
Utilities
- No Cooling
- Central Heating
- Heating System Uses Oil
- Septic System
- Internet Available
Community Details
- Stream Seasonal
Listing and Financial Details
- Assessor Parcel Number 118-230-58-00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 1, 2024
Closed on
Oct 9, 2024
Sold by
Sea Star Properties Llc
Bought by
Schultz Darcey and Halsey Spencer
Seller's Agent
Jim Eldrige
Mendo Sotheby's International
Buyer's Agent
David Harr
Luxe Places International R
List Price
$1,089,000
Sold Price
$1,099,000
Premium/Discount to List
$10,000
0.92%
Total Days on Market
12
Views
41
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,898
Avg. Annual Appreciation
1.33%
Original Mortgage
$766,550
Outstanding Balance
$762,212
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$344,686
Purchase Details
Closed on
Jun 12, 2021
Sold by
Peters Cabot B and Peters Michelle S
Bought by
Sea Star Properties Llc
Purchase Details
Closed on
May 18, 2021
Sold by
Shedd Margaret S
Bought by
Peters Cabot B and Peters Michelle S
Purchase Details
Closed on
Oct 25, 2016
Sold by
Shedd Margaret S
Bought by
Shedd Margaret S
Purchase Details
Closed on
Sep 7, 2012
Sold by
Shedd Margaret S and Tadlock Ronald R
Bought by
Shedd Margaret S and Tadlock Ronald R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
2.78%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 27, 2010
Sold by
Tadlock Ronald R
Bought by
Tadlock Ronald R
Purchase Details
Closed on
Apr 14, 2009
Sold by
Tadlock Ronald R
Bought by
Tadlock Ronald R
Purchase Details
Closed on
Dec 3, 2008
Sold by
Isenberg Jeremy and Isenberg Christina
Bought by
Shedd Margaret S and Tadlock Ronald R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 11, 2002
Sold by
Hoover Frank Joseph and Hoover Eunice Pollis
Bought by
Isenberg Jeremy and Isenberg Christina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
5.08%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schultz Darcey | $1,099,000 | Fidelity National Title Compan | |
| Sea Star Properties Llc | -- | Redwood Empire Ttl Co Of Men | |
| Peters Cabot B | $967,500 | Redwood Empire Ttl Co Of Men | |
| Shedd Margaret S | -- | None Available | |
| Shedd Margaret S | -- | Redwood Empire Title | |
| Shedd Margaret S | -- | Redwood Empire Title | |
| Tadlock Ronald R | -- | First American Title Company | |
| Tadlock Ronald R | -- | First American Title Company | |
| Tadlock Ronald R | -- | None Available | |
| Shedd Margaret S | $675,000 | First American Title Company | |
| Isenberg Jeremy | $520,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schultz Darcey | $766,550 | |
| Previous Owner | Shedd Margaret S | $345,000 | |
| Previous Owner | Shedd Margaret S | $417,000 | |
| Previous Owner | Isenberg Jeremy | $390,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/11/2024 10/11/24 | Sold | $1,099,000 | +0.9% | $517 / Sq Ft |
| 09/01/2024 09/01/24 | For Sale | $1,089,000 | -- | $513 / Sq Ft |
Source: Bay Area Real Estate Information Services (BAREIS)
Tax History Compared to Growth
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 | $11,897 | $835,473 | $495,098 | $340,375 |
| 2022 | $10,089 | $819,092 | $485,391 | $333,701 |
| 2021 | $9,488 | $767,773 | $447,034 | $320,739 |
| 2020 | $8,610 | $759,900 | $442,450 | $317,450 |
| 2019 | $8,506 | $745,000 | $433,774 | $311,226 |
| 2018 | $8,528 | $745,000 | $433,774 | $311,226 |
| 2017 | $7,995 | $600,000 | $350,000 | $250,000 |
| 2016 | $6,718 | $505,000 | $280,000 | $225,000 |
| 2015 | $5,736 | $505,000 | $280,000 | $225,000 |
| 2014 | $5,519 | $490,000 | $270,000 | $220,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Eldrige
-
David Harr
D
Buyer's Agent in 2024
David Harr
Luxe Places International R
(707) 937-3900
31 Total Sales
Map
Similar Homes in the area
Source: Bay Area Real Estate Information Services (BAREIS)
MLS Number: 324069395
APN: 118-230-58-00
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Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.
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