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Property profile & analytics
OFF-MARKET
Estimated value
$2,945,000
Apartment buildings
972 Fellers Ln Sebastopol, CA 95472
Trust Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1573365
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1986
Total area
27,784 SF
Lot
2.72 ac (118,483 SF)
APN
004-320-024-000
UPID
US09-1573365
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.17M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.95M
Owner & transaction history
Fromberg G E & B L 1991 Trust · 18 yrs held
Fromberg G E & B L 1991 Trust
since 2008
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Sebastopol submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sebastopol submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,435,000
6.5%
$3,170,000
7%
$2,940,000
Blend value · Realmo final
$2.95M
Range $2.65M – $3.24M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$106 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$43,289
Tax year 2024
Assessed value
$3,688,609
Assessed 2024
Previous assessed
$3,688,609
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$928,281
Assessed improvement
$2,760,328
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Status
Off-Market
Year built
1986
Heating
NONE
Stories
2
Units
35
Total area
27,784 SF
Lot
2.72 ac (118,483 SF)
APN
004-320-024-000
UPID
US09-1573365
Jurisdiction
SONOMA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1986
Heating
NONE
Stories
2
Units
35
Lot
2.72 ac
Current owner
From public records · entity-resolved
Fromberg G E & B L 1991 Trust
Trust
Mailing address
1270 AIRPORT BLVD, SANTA ROSA, CA 95403-1007
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 19, 2019
—
Sbri Redwood Grove LLC
—
Deed
related
$3,000,000 · Jpmorgan Chase Bank NA
Feb 6, 2008
$118,500
Fromberg G E & B L 1991 Trust
Oliver Family Trust
Grant Deed
—
Oct 16, 2007
—
Sb Realty Investors
Schellinger F & A Trust
Grant Deed
$2,293,000 · Washington Mutual Bank
Jul 13, 2001
—
Schellinger Trust
Schellinger,william R & Sari B
Quit Claim Deed
related
—
Mar 13, 2001
—
Schellinger Trust
Redwood Grove Partners
Quit Claim Deed
related
—
—
—
Sbri Redwood Grove LLC
—
Deed Of Trust
related
$2,225,000 · J P Morgan Chase Bank
—
—
Redwood Grove Partners
—
Deed Of Trust
related
$400,000 · Sonoma National Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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