masterkey logo
41 Magic Ln
Score
0
Arcata, CA

41 Magic Ln

599K
1 bd • 1 ba • 1,200 sf

This analysis was generated on 2/25/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

0:00
0:00 / 0:00
List Price

$599,000

Price/Sq.Ft

$499

Year Built

1992

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Detached ADU and additional structures: The presence of a detached 2-story ADU and three additional large structures offers versatile space for rental income, art studios, workshops, or storage, enhancing the property's value. • Large lot size: The 1.35-acre lot provides privacy and potential for further development, making it appealing to buyers seeking space and seclusion. • Proximity to downtown Arcata: Located just 1.4 miles from downtown, the property offers a balance of seclusion and convenient access to amenities. • Minimal flood and wind risk: A minimal flood risk (1/10) and wind risk (1/10) reduce the likelihood of related insurance claims and property damage. • Paved asphalt driveway and ironwood gate: A paved asphalt driveway and large ironwood entry gate with keypad enhance the property's curb appeal and security.

The Bad

• Single-bedroom main house: The 1,200 sq ft main house has only one bedroom, limiting its appeal to families or those needing more living space. • Higher crime rates: Arcata's total crime rate of 789.5 per 100,000 residents is above the state and national averages, which may deter some buyers. • School ratings: The low rating (3/10) of Arcata Elementary School may be a concern for families with young children, potentially affecting long-term property value. • Heating system limitations: The property relies on propane, a wall furnace, and a wood stove, which may not be as efficient or convenient as central heating. • Air Quality: The air quality is rated as major (6/10) and has 9 bad air days per year. This may concern buyers with respiratory issues.

The Ugly

• Potentially high insurance costs: The estimated annual insurance cost of $2,156.4 is significantly higher than average, potentially due to the age of the home, fire risk, and location. • Previous listing price reductions: The property has undergone multiple price reductions, including a recent 17.9% decrease, indicating potential overpricing or market resistance. Originally listed for $829,000 and now listed at $599,000. • High price per square foot: At $499.17 per square foot, the property is priced higher than some comparable homes in Arcata, which could deter value-conscious buyers. • Crime statistics: The violent crime rate is 45.2% higher than the state average and 33.2% higher than the national average, which may concern safety-conscious buyers. • Well Water: Water quality and reliability can be an issue with well water, which will require maintenance and testing.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

• Buyers prioritizing privacy and seclusion: The 1.35-acre property, located 1.4 miles from downtown Arcata, offers a private, forested setting. • Buyers seeking multi-use spaces: The property includes a detached ADU and three additional structures suitable for art studios, workshops, or garages. This appeals to those needing flexible space for hobbies or work. • Buyers interested in multi-family living: The presence of a main house and a detached ADU presents an opportunity for extended family living or rental income potential. • Buyers comfortable with well water: the property is not connected to city water and relies on well water. • Buyers who like the character of a well maintained older home with modern updates and are not concerned about the stigma of older homes.

Not For

• Buyers needing multiple bedrooms in the main residence: The main house has only one bedroom, which may not be suitable for families or those needing more living space. • Buyers seeking modern, updated homes: Built in 1992, the property may require updates to meet current standards. • Buyers with mobility issues: Multi-story structures and potential uneven terrain on the 1.35-acre property may pose challenges for those with mobility limitations. • Buyers concerned about crime rates: While property crime rates are close to the state average, the overall crime rate is higher. This may deter buyers seeking a low-crime area. • Buyers who want to be connected to the city water lines.
Demographics
Area Median Income

$0

Property History

Price History
Ownership Timeline
$0Financed
Aug 15, 2023
Camri Cook, Steven MerriewetherArmica Jordan
Intrafamily Transfer
Non-Arm's Length Transactions
$0Cash Purchase
Jun 10, 2023
Steven MerriewetherArmica Jordan
Quit Claim Deed
Non-Arm's Length Transactions
$425,000Financed
Mar 22, 2017
Allison R KellySteven Merriewether
Grant Deed
Standard Sale (Purchase/Resales)
$0Cash Purchase
Jan 26, 2017
James F KellyAllison R Kelly
Intrafamily Transfer
Non-Arm's Length Transactions
$475,000Financed
Jul 24, 2007
Dora Annie GreenJames F Kelly, Allison R Kelly
Grant Deed
Standard Sale (Purchase/Resales)

Property Taxes

$5,516
2024 Tax Assessment
0.8%from previous year
Assessed Value$483,572
Tax Rate1.14%

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

Data provided by Shadowmap

Loading sunlight data...

Risk Assessment

Climate Risks

airMAJOR

9 bad air quality days per year

fireMINIMAL

Insurance: Recommended

floodMINIMAL

FEMA Zone: Minimal Risk Area

Insurance: Optional

windMINIMAL

Insurance: Optional

heatMINIMAL

Safety Analysis

45/100
Average

Based on data from Arcata Police Department

Total Crime Rate
789.5
per 100,000 residents
Violent Crime Rate
333.5
per 100,000 residents
Property Crime Rate
447.5
per 100,000 residents

Crime Rate Comparison

Recent Crime Trends

2022
Violent Crimes
321
Property Crimes
551
2023
Violent Crimes
346
7.8%
Property Crimes
361
34.5%

Risk Analysis

• Higher overall crime rate: Arcata's total crime rate of 789.5 per 100,000 residents is higher than both state and national averages, potentially impacting insurance costs and peace of mind. While violent crime rate is higher than state/national, property crime is only slightly higher than state. • School rating disparities: Arcata Elementary School's low rating (3/10) may concern families with young children, potentially affecting long-term property value. • Moderate fire risk: A fire risk score of 3/10 necessitates recommended insurance coverage, adding to the annual property costs. The property is surrounded by trees and forest, increasing the fire danger. • Dependence on propane and wood stove: Reliance on propane and a wood stove for heating may result in fluctuating energy costs and require more hands-on management compared to central heating systems. • History of price reductions: Multiple price reductions since April 2024 suggest potential overpricing or market resistance, which could indicate future value concerns.
Insurance
Annual Cost

$2,156

$180 per month

Price Prediction Challenge

Think you know what 41 Magic Ln will sell for? Put your market expertise to the test!

Be the first to predict

Your local insight could help set the benchmark for other buyers.

No predictions yet

Kick off the challenge by making your guess. You'll help other buyers get a feel for this property’s value—and you might just claim the top spot when it sells.

Schools

Arcata Elementary School

PublicGrades K-5
3/5
Elementary
1.7 mi
Get more information on GreatSchools

Sunny Brae Middle School

PublicGrades 6-8
6/5
Middle
1.1 mi
Get more information on GreatSchools

Arcata High School

PublicGrades 9-12
8/5
High
1.7 mi
Get more information on GreatSchools

Financials

Monthly Costs
Unlock Premium Features

Supercharge Your Property Analysis

Get unlimited AI-powered insights and analysis to make confident decisions about any property you're interested in.

Best for serious buyers
  • Unlimited AI analysis
  • Unlimited AI chat
  • Advanced tools & insights
$24.92/mo
Billed yearlySave 17% ($60/year)
Cancel anytime • 30-day money-back guarantee

Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Frequently Asked Questions

Property Discussion

Start the Conversation

Share your insights on this property—did you visit the open house? Know of any hidden pros or cons? Your street-level knowledge could be exactly what another buyer needs.

You
Potential Savings
$17,970
Join 1,000+ buyers

Analyze Any Property for Free

Get instant insights and potential savings on any Zillow® listing.

Free Analysis
AI-Powered Insights
Instant Results