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331 S Franklin Street, Fort Bragg, CA, 95437

2beds
1baths
721sqft
$395,000
$548price/sqft
$3,192/moest. monthly cost
$127,680/yrincome needed

About This Home

Two bedroom, one bath home within close proximity to services in downtown Fort Bragg. General Commercial zoning gives added flexibility to apply for additional residential build out, commercial use or work live situation. Bring your remodeling plans and put them to work here.

Getting Around

83
WalkingVery Walkable
0
TransitVery Limited Transit
68
BikeBikeable

Schools

--
3/10
Fort Bragg Middle SchoolGrades 6-80.8 mi
5/10
Fort Bragg High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1940

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: Inside Area

Basement

  • Basement: None

Bathroom

  • Level: Main

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Heating & Cooling

  • Heating features: Propane
  • Cooling features: None

Interior Area

  • Total structure area: 721
  • Total interior livable area: 721 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Property

Details

  • Parcel number: 0081730500
  • Special condition: Trust

Features

  • Stories: 1

Lot

  • Lot size: 5,967 sqft
  • Features: Corner Lot

Parking

  • Total spaces: 2
  • Parking features: Uncovered Parking Spaces 2+
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Coastal Flooding
    Coastal FloodingRelatively High
  • Inland Flooding
    Inland FloodingRelatively High

How This Home’s Risks Compare

Earthquake
Coastal Flooding
Inland Flooding

FEMA Declared Disasters in Mendocino County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,997$23,964
Home Insurance *$113$1,356
Property Taxes $684$8,208
Electricity $398$4,786
Total$3,192$38,304
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$109,440/yr
40% on housing$95,760/yr
45% on housing$85,120/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.5%
13.5%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.9%
1.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$548This listing

vs Other Active Listings

Avg $/sqft

ZIP 95437$298
Mendocino County$404

vs Homes Sold Last Month

Median $/sqft

ZIP 95437$400
Mendocino County$344

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-07Listed for sale$395,000

For Sale by Agent

AgentGregory J Burke
BrokerageMendo Sotheby's International

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