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Backup Offers

45290 Covelo St, Mendocino, CA, 95460

$1,499,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
5 Full Baths
2,944 SqFt
$509/SqFt
Multi
Schools Nearby

Location

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45290 Covelo St, Mendocino$1,499,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingDriveway
Year Built1989
HeatingCentral
CoolingNone
FireplaceWood Burning
ViewOther, Ocean
MLS #C1-10472
Lot Size0.45 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 45290 Covelo St

This property represents a rare opportunity to own a piece of Mendocino's charm, with the versatility of multi-unit living and the allure of ocean views. The remarkable Neo-Victorian building is situated in the picturesque Mendocino Village. The ground floor features three one-bedroom apartments, each presenting a cozy and inviting atmosphere. These units are ideal for rental opportunities or guest accommodations, providing privacy and comfort with enchanting ocean views.On the upper level is an open floor plan home with two bedrooms and two bathrooms, offering a serene retreat with panoramic views of the Pacific Ocean. The living area is bathed in natural light, creating an airy and welcoming space for relaxation and entertainment.While this unique property holds immense potential, it presents a canvas ready for your personal touch. Recognizing the need for repairs, maintenance, fresh paint, and interior upgrades, these enhancements are seen not as setbacks but as an opportunity to add value and personalize your space. These improvements are well worth the effort, promising to transform the property into your dream home by the sea.Embrace the coastal lifestyle with nearby access to State Park trails and pristine beaches. Whether you're an outdoor enthusiast or seeking tranquility by the sea, this location offers endless opportunities for exploration and relaxation, minutes from local shops, dining options, and vibrant cultural attractions.

Property Details

Property Features

Property Information:

  • Architectural Style: Victorian
  • Year Built: 1989
  • Stories: 2
  • Living Area: 2,944 SqFt

Listing Office:

  • Office Name: Century 21 Seascape Realty
  • Office Phone: (707) 684-0034
  • Listing Agent: Sheri Molina

Interior Features

Interior Information:

  • Flooring Type: Carpet, Vinyl
  • Interior: Multiple Primary Suites
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Other, Ocean

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.45 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: None

Other

Directions Information:

  • Directions: From Lansing St go West on Little Lake St, turn right on William St to house at corner of William and Covelo Streets.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,499,000
  • Price Per SqFt: $509/SqFt

Tax Information:

  • Annual Amount: $4,663
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Mendocino, CA.

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Mendocino, CA

City

Med. Sold Price

$815K

Med. Price/SqFt

$501

Avg. Days On Market

85

# of Sold Homes

10

45290 Covelo St vs Mendocino

78 DAYS ON ROCKET

-7 Days

$1,499,000

+$684K More

$509/SqFt

+$8 More

KEY TAKEAWAY

This property is $684K more than the Median Sold Price and $8/SqFt more than other homes in Mendocino, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #C1-10472

Listing Office:

  • Office Name: Century 21 Seascape Realty
  • Office Phone: (707) 684-0034
  • Listing Agent: Sheri Molina

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
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, 12:15:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$4,663$402,170
2020$4,608$398,223
2019$4,535$390,416
2018$4,308$382,762
2017$4,308$375,259

History based on county public records data.

Payment Calculator

$7,549

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,561

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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-4727804
3
/10

  • Dana Gray Elementary School

  • 1197 E Chestnut St

  • 9.04 miles

  • Public District Grades 3-5

school-card-donut-4727805
4
/10

  • Blosser Lane Elementary School

  • 1275 Blosser Ln

  • 24.35 miles

  • Public District Grades 3-5

school-card-donut-4727806
6
/10

  • Willits Elementary Charter

  • 405 E Commercial St

  • 25.22 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 $63,043. The most common annual income of people living in Mendocino, CA is between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Mendocino County›Mendocino›95460›45290 Covelo St

This home is located at 45290 Covelo St in Mendocino, CA and zip code 95460. This 2,944 square foot home, which was built in 1989, sits on a 0.45 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since February 13, 2024 and is currently priced at $1,499,000.

While more than 0 listings in Mendocino, CA in April 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 6 were sold below. The number of listings in Mendocino, CA decreased by 4.6% between March 2024 and April 2024. The median list price of listings available in April 2024 was $815,000, while the average time on the real estate market was 85 days.

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

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