NOT LISTED FOR SALE

10054 Bonham Rd Lower Lake, CA 95457

Estimated Value: $466,000 - $511,000

4 Beds
3 Baths
3,500 Sq Ft
$142/Sq Ft Est. Value

Last Sold June 11, 2018

Last sale price $405,000 $116 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,112/month

119 Days on Market

Highlights

  • Pasture Views
  • No HOA
  • Shed
  • Corner Lot
  • Laundry Room
  • Agricultural

About This Home

As of June 2018

Residential investment opportunity with room to grow in Lower Lake. Well maintained, four unit complex on two acres with walnut trees, coin-op laundry room, newer roof, and individual storage closets. Single level building on level acreage with two entrances and plenty of parking. Long term tenants. Great location!

Last Agent to Sell the Property

Evonne Landwehr

Luxe Places International Realty License #00820338 Listed on: 12/10/2017

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 2.08 Acre Lot
  • Two or More Common Walls
  • Rural Setting
  • Partially Fenced Property
  • Fence is in good condition
  • Corner Lot
  • Level Lot
  • Back and Front Yard

Property Views

  • Pasture
  • Mountain
  • Hills

Home Design

  • 3,500 Sq Ft Home
  • Ranch Style House
  • Quadruplex
  • Composition Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 15 Open Parking Spaces
  • 19 Parking Spaces
  • 4 Detached Carport Spaces
  • Parking Available
  • Driveway
  • Assigned Parking

Additional Features

  • Laundry Room
  • Shed
  • Agricultural
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 0120420800

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gross Income $38,000
  • Net Operating Income $22,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

2.08 Acres

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Country Road
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: R2
  • Architectural Style: Ranch
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 0120420800
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 115.71

Exterior Features

  • Other Structures: Shed(s)
  • View: Hills, Mountain(s), Pasture
  • Fence: Yes
  • Fencing: Good Condition, Partial
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Detached Carport, Covered, Asphalt
  • Total Parking Spaces: 19.00
  • Uncovered Spaces: 15.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community, Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Agricultural - Tree/Orchard, Back Yard, Corner Lot, Front Yard, Level with Street
  • Lot Size Sq Ft: 90421.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 38000.00
  • Gross Scheduled Income: 38000.00
  • Laundry Equipment Own Lease: Own
  • Net Operating Income: 22000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 16000.00
  • Rent Control: No
  • Total Actual Rent: 3100.00

Tax Info

  • Tax Census Tract: 12.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2023
Sold by
Madriz Bulmaro
Bought by
West Steele Apt Llc
Current Estimated Value
$498,138

Purchase Details

Listed on
Dec 10, 2017
Closed on
May 10, 2018
Sold by
Crail Lars Mostin and Field Crail Maile
Bought by
Madriz Bulmaro
Seller's Agent
Evonne Landwehr
Luxe Places International Realty
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$418,000
Sold Price
$405,000
Premium/Discount to List
-$13,000
-3.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.69%
Original Mortgage
$303,750
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
West Steele Apt Llc -- None Listed On Document
Madriz Bulmaro $405,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Madriz Bulmaro $303,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2018 06/11/18 Sold $405,000 -3.1% $116 / Sq Ft
04/08/2018 04/08/18 Pending -- -- --
12/10/2017 12/10/17 For Sale $418,000 -- $119 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,406 $460,817 $113,781 $347,036
2024 $5,346 $451,782 $111,550 $340,232
2023 $5,283 $442,924 $109,363 $333,561
2022 $5,018 $434,240 $107,219 $327,021
2021 $5,157 $425,726 $105,117 $320,609
2020 $5,130 $421,362 $104,040 $317,322
2019 $4,910 $413,100 $102,000 $311,100
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LC17272791

California Regional Multiple Listing Service (CRMLS)

APN: 012-042-080-000

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