28 days on rocket

10661 Grays Rd, Forestville, CA, 95436

$975,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
2,600 SqFt
$375/SqFt
Multi
Schools Nearby

Location

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10661 Grays Rd, Russian River-Sonoma Coast$975,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingTandem Garage
Garage1 space
Year Built1950
HeatingDuctless, Multi Unit(s)
CoolingDuctless, Multi Unit(s)
FireplaceBrick, Double Sided, Family Room
MLS #324022725
Lot Size0.17 Acres
StatusActive

About 10661 Grays Rd

Investment Gem Near Russian River Beaches - This unique property, a short walk to river beaches and local market, offer maximum versatility. Originally a single-family home, now a beautifully adapted three-unit dwelling, it offers an array of living options. The top floor unveils a luxuriously renovated three-bedroom, two-bath retreat where the feel is all comfort and style. Below, flexibility defines the ground level with a space that can transform from a two-bedroom, two-bath setup into separate one-bedroom one-bath and studio units, perfect for vacation rentals or long-term tenants. Each unit has independent access, set within low-maintenance, picturesque grounds. Fully updated to turnkey perfection, it's an enticing proposition for those seeking to combine lifestyle with financial return, all within a coveted location. Ideal for true investors, boasting a 6.5% cap rate at long-term rent rates plus the ability to select your own tenants and at fair market rates. This gorgeous property also invites the option to reside upstairs while benefiting from rental income below. Beautifully renovated from top to bottom. Seize this multifaceted investment opportunity. Check out the video in the virtual tour link on the platform you're browsing.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1950
  • Stories: 1
  • Living Area: 2,600 SqFt

Listing Office:

  • Office Name: HomeSmart Advantage Realty
  • Office Phone: (707) 541-6120, 0
  • Listing Agent: Jennifer Peschken

Interior Features

Interior Information:

  • Fireplace: Brick, Double Sided, Family Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 1 space
  • Parking: Tandem Garage

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Ductless, Multi Unit(s)
  • Cooling: Ductless, Multi Unit(s)

Other

Directions Information:

  • Directions: HWY 116 to Gray's Road

Price Information

Listing Price Info

Price Summary:

  • List Price: $975,000
  • Price Per SqFt: $375/SqFt

Tax Information:

  • Annual Amount: $7,094
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Russian River-Sonoma Coast, CA.

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Russian River-Sonoma Coast, CA

City

Med. Sold Price

$793K

Med. Price/SqFt

$582

# of Sold Homes

25

10661 Grays Rd vs Russian River-Sonoma Coast

28 DAYS ON ROCKET

$975,000

+$182K More

$375/SqFt

-$208 Less

KEY TAKEAWAY

This property is $182K more than the Median Sold Price and $208/SqFt less than other homes in Russian River-Sonoma Coast, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BAREIS MLS
  • MLS Number: #324022725

Listing Office:

  • Office Name: HomeSmart Advantage Realty
  • Office Phone: (707) 541-6120, 0
  • Listing Agent: Jennifer Peschken

IDXCopyright © 2024 by Bay Area Real Estate Information Services, Inc. All rights reserved.

The data relating to real estate on this web site is provided through a cooperative data exchange program of the Bay Area Real Estate Information Services, Inc. Multiple Listing Service (BAREIS MLS) in which this real estate broker participates. The properties displayed are only the properties in the MLS's database approved by the cooperating listing Brokers to be displayed. Properties listed by brokers other than the broker owning this website are identified with the name of the listing broker's company, and name of the Listing Agent. Property information is provided by the listing broker. Information provided is not guaranteed to be accurate by BAREIS MLS, and you are advised to verify facts that are important to you. BAREIS MLS does not create, control, or review the property data displayed on this site and takes no responsibility for the content of such records. IDX information being provided is for the consumer's personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 8:25:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 18, 2018Home Sold
$555,000
Apr 27, 2000Home Sold
$145,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,094$583,404
2020$7,142$577,422
2019$2,686$566,100
2018$2,687$195,857
2017$2,604$192,017

History based on county public records data.

Payment Calculator

$4,934

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,990

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4629091
8
/10

  • West Side Elementary School

  • 1201 Felta Rd

  • 5.42 miles

  • Public District Grades KG-6

school-card-donut-4629092
4
/10

  • Olivet Elementary Charter

  • 1825 Willowside Rd

  • 7.02 miles

  • Public Charter Grades KG-6

school-card-donut-4629093
8
/10

  • Healdsburg Charter

  • 400 1st St

  • 7.99 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,471. Most Russian River-Sonoma Coast, CA residents have annual incomes between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Sonoma County›Russian River-Sonoma Coast›95436›10661 Grays Rd

This home is located at 10661 Grays Rd in Forestville, CA and zip code 95436 in the Forest Hills neighborhood. This 2,600 square foot home, which was built in 1950, sits on a 0.17 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 03, 2024 and is currently priced at $975,000.

In April 2024, from all listings sold in Russian River-Sonoma Coast, CA there were more than 6 sold above asking price, over 10 sold below and more than 9 were sold right at the asked price. The number of listings in Russian River-Sonoma Coast, CA increased by 48.4% between March 2024 and April 2024.

From Rocket Homes Real Estate and based on county public records data.

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