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183 Grove St, Fort Bragg, CA, 95437

$668,000

Home List Price

$7,933*

Closing Credit

0 Baths
2,339 SqFt
$286/SqFt
Multi

Location

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183 Grove St, Fort Bragg$668,000

Buyer Closing Credits

$7,933*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingDetached
Garage1 space
Year Built1982
HeatingWall Furnace, Wood Stove
CoolingNone
FireplaceWood Stove
MLS #324094157
Lot Size0.16 Acres
StatusActive

About 183 Grove St

Nestled in a desirable, walkable neighborhood in Fort Bragg, this unique duplex property offers the perfect blend of privacy, flexibility, and investment potential. Unlike traditional duplexes, these two detached homes are separately accessed by private driveways, providing the independence and privacy of single-family residences. With tenants already in place on 1-year leases ($2,300/month and $1995/month), this property is primed for immediate cash flow with a solid 6.2% cap rate. Each home was meticulously updated in 2024, with tenants responsible for utilities and landscaping, minimizing owner expenses. Gross annual income totals $51,540, with a net operating income of $41,089 after accounting for projected property taxes and hazard insurance costs of $10,450 combined. The front home features two stories with a one car garage, while the rear home offers a cozy single-level. Each have separate yard spaces. This versatile property is ideal for savvy investors seeking a strong return or buyers planning for future personal use, or accommodating a family member while retaining rental income. Located just minutes from downtown Fort Bragg's charming shops and restaurants, this is an opportunity to own two detached homes on one lot in a prime location.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1982
  • Stories: 0
  • Living Area: 2,339 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Fireplace: Wood Stove

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace, Wood Stove
  • Cooling: None

Other

Directions Information:

  • Directions: Walnut to Grove

Price Information

Listing Price Info

Price Summary:

  • List Price: $668,000
  • Price Per SqFt: $286/SqFt

Tax Information:

  • Annual Amount: $3,959
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Fort Bragg, CA.

Med. Sold Price

$638.5K

Med. Price/SqFt

$396

Avg. Days On Market

52

# of Sold Homes

3

183 Grove St vs Fort Bragg

4 DAYS ON ROCKET

-48 Days

$668,000

+$29.5K More

$286/SqFt

-$111 Less

KEY TAKEAWAY

This property is $29.5K more than the Median Sold Price and $111/SqFt less than other homes in Fort Bragg, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BAREIS MLS
  • MLS Number: #324094157

Listing Office:

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

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: 12/18/2024, 1:20:55 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$3,959$340,926
2020$3,907$337,453
2019$3,857$330,840
2018$3,625$324,354
2017$3,625$360,000

History based on county public records data.

Payment Calculator

$3,401

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,069

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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-4539835
3
/10
  • Dana Gray Elementary School

  • 1197 E Chestnut St

  • 0.58 miles

  • Public District Grades 3-5

school-card-donut-4539836
4
/10
  • Blosser Lane Elementary School

  • 1275 Blosser Ln

  • 23.68 miles

  • Public District Grades 3-5

school-card-donut-4539837
5
/10
  • Willits Elementary Charter

  • 405 E Commercial St

  • 24.22 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,600. The most common annual income of people living in Fort Bragg, CA is less than $35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesCaliforniaMendocino CountyFort Bragg95437183 Grove St

This home is located at 183 Grove St in Fort Bragg, CA and zip code 95437. This 2,339 square foot home, which was built in 1982, sits on a 0.16 acre lot. It has been listed on Rocket Homes since December 13, 2024 and is currently priced at $668,000.

Fort Bragg, CA housing market in November 2024 saw over 0 listings sold above listed price, more than 1 sold at listed price and over 2 sold below. Listings spent 52 days on the market in November 2024, and had a median list price of $638,500 during the same period.

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

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