NOT LISTED FOR SALE

45520 Otter Point Cir Mendocino, CA 95460

Caspar South Neighborhood

Estimated Value: $1,570,919 - $1,788,000

3 Beds
2 Baths
2,385 Sq Ft
$716/Sq Ft Est. Value

Last Sold August 16, 2024

Last sale price $1,750,000 $734 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $10,195/month

86 Days on Market

Highlights

  • Ocean View
  • Spa
  • Living Room with Fireplace
  • Mendocino High School Rated 9+
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of August 2024

From the moment you step though the etched glass front door, it's clear that the ocean takes center stage in this exceptional home. Enjoy magical views of soaring pelicans, dramatic skies and even migrating whales. Soothing sounds of seagulls and seals are ever present in the background. With dramatic floor to ceiling windows and an open floor plan, Otter Cove'' is perfect for entertaining. The kitchen is literally the heart of the home and features granite counters, custom cabinetry and a circular design so the cook can remain involved with their guests. The downstairs primary bedroom suite has a spacious walk-in closet and glass brick shower. The upstairs addition is designed to function as a guest suite, complete with a separate entrance for privacy. It includes a kitchenette and a king-sized Murphy bed, ensuring your guests enjoy a comfortable stay or creating the opportunity for generating extra income. The beauty of this home extends to the outdoors; oceanview decks, landscaping featuring easy-care indigenous plants and a sheltered grove of sea cypress trees, perfect for outdoor gatherings and lazy afternoons soaking in the ocean breezes. Otter Cove is an ideal home for those who appreciate the magic of a coastal environment and are seeking a blend of comfort and elegance.

Last Listed By

Michelle Deering

Century 21 Fort Bragg Realty License #01436398 Listed on: 04/25/2024

Century 21 Fort Bragg Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,199

Year Built

  • Built in 1976

Lot Details

  • 0.45 Acre Lot
  • Garden
  • Property is zoned RR5(1):R

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces

Home Design

  • Concrete Foundation
  • Shake Roof
  • Shingle Roof

Interior Spaces

  • 2,385 Sq Ft Home
  • 2-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Ocean Views

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Balcony
  • Courtyard
  • Deck
  • Patio
  • Wrap Around Porch

Utilities

  • No Cooling
  • Central Heating
  • Propane Stove
  • Heating System Uses Propane
  • Power Generator
  • Propane
  • Internet Available

Community Details

  • Caspar South Subdivision

Listing and Financial Details

  • Assessor Parcel Number 118-360-26-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,199

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached
  • Directions To Property: Caspar South to Otter Point Circle to address.
  • Lot Size Acres: 0.4500
  • Stories: 2
  • Special Features: None

Interior Features

  • Number Of Fireplaces: 2
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Flooring: Carpet, Tile
  • Square Footage: 2385.00
  • Bathrooms: 2
  • Fireplace Features: Family Room, Gas Piped, Living Room
  • Main Level: Bedroom(s), Dining Room, Full Bath(s), Garage, Kitchen, Living Room, Primary Bedroom, Street Entrance
  • Spa Features: Spa/Hot Tub Built-In

Exterior Features

  • Foundation: Concrete Perimeter
  • Lot Features: Cul-De-Sac, Garden
  • Roof: Shake, Shingle
  • ExteriorFeatures: Balcony, Uncovered Courtyard
  • Fencing: Partial
  • Patio And Porch Features: Front Porch, Uncovered Deck, Uncovered Patio, Wrap Around Porch
  • View: Ocean, Water

Garage/Parking

  • Parking Features: Attached
  • Total Parking Spaces: 4.00
  • Garage Spaces: 2.00
  • OpenParkingSpaces: 2.00

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Utilities: Generator, Internet Available, Propane Tank Leased
  • Water Source: Water District
  • Heating: Central, Fireplace Insert, Propane, Propane Stove
  • Laundry Features: Dryer Included, In Garage, Washer Included

Schools

  • School District: Mendocino

Lot Info

  • Assessor Parcel Number: 118-360-26-00
  • Lot Size Sq Ft: 19602.00

Building Info

  • Year Built: 1976

MLS Schools

  • School District (County): Mendocino

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2024
Closed on
Aug 9, 2024
Sold by
Wasserman Living Trust and Wasserman Marc S
Bought by
Mccracken & Chau Revocable Living Trust and Mccracken
Seller's Agent
Michelle Deering
Century 21 Fort Bragg Realty
Buyer's Agent
Jessica Poehlmann
Mendo Sotheby's International
List Price
$1,950,000
Sold Price
$1,750,000
Premium/Discount to List
-$200,000
-10.26%
Total Days on Market
86
Views
322
Current Estimated Value
$1,707,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,520
Avg. Annual Appreciation
-3.50%

Purchase Details

Closed on
Jun 30, 1999
Sold by
Wasserman and Janet
Bought by
Wasserman Marc S and Wasserman Janet S

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
Mccracken & Chau Revocable Living Trust $1,750,000 Redwood Empire Title
Wasserman Marc S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wasserman Living Trust $166,300
Previous Owner Wasserman Marc S $166,300
Previous Owner Wasserman Marc S $190,172
Previous Owner Wasserman Marc S $192,465
Previous Owner Wasserman Marc S $209,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2024 08/16/24 Sold $1,750,000 -5.4% $734 / Sq Ft
07/20/2024 07/20/24 Pending -- -- --
06/15/2024 06/15/24 Price Changed $1,850,000 -5.1% $776 / Sq Ft
04/25/2024 04/25/24 For Sale $1,950,000 -- $818 / 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 $8,199 $687,144 $313,079 $374,065
2022 $8,342 $673,672 $306,941 $366,731
2021 $8,196 $660,464 $300,923 $359,541
2020 $7,439 $653,466 $297,710 $355,756
2019 $7,349 $640,657 $291,874 $348,783
2018 $7,228 $628,096 $286,152 $341,944
2017 $6,947 $615,783 $280,542 $335,241
2016 $6,759 $603,711 $275,042 $328,669
2015 $6,886 $608,072 $270,912 $337,160
2014 $6,646 $591,849 $265,606 $326,243
Source: Public Records

Agents Affiliated with this Home

  • Michelle Deering

    Seller's Agent in 2024

    Michelle Deering

    Century 21 Fort Bragg Realty

    (707) 357-1061

    116 Total Sales

    Michelle Deering
    Section Image
  • Jessica Poehlmann

    Buyer's Agent in 2024

    Jessica Poehlmann

    Mendo Sotheby's International

    (707) 937-5822

    13 Total Sales

    Jessica Poehlmann
    Section Image
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Map

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Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 324026914

Bay Area Real Estate Information Services (BAREIS)

APN: 118-360-26-00

California Mendocino County Mendocino 95460 Caspar South

45520 Otter Point Cir, Mendocino, CA

Homes for Sale in Mendocino, CA

This home is located at 45520 Otter Point Cir, Mendocino, CA 95460 since 25 April 2024 and is currently estimated at $1,707,480, approximately $715 per square foot. This property was built in 1976. 45520 Otter Point Cir is a home located in Mendocino County with nearby schools including Mendocino High School.

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