NOT LISTED FOR SALE

13445 Lakeshore Dr Clearlake, CA 95422

Estimated Value: $400,623 - $521,000

6 Beds
5 Baths
2,900 Sq Ft
$152/Sq Ft Est. Value

Last Sold March 04, 2022

Last sale price $425,000 $147 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $2,453/month

12 Days on Market

Highlights

  • Access To Lake
  • Fishing
  • Community Lake
  • Home fronts a lagoon or estuary
  • Lake View
  • No HOA

About This Home

As of March 2022

Well maintained 4 plex located on the shores of Clear Lake. Fully rented with good paying tenants. 3 of the 4 units have been upgraded with new flooring, paint and more. The fourth unit is next. The building has a studio with one bath, a one bedroom with one bath, a two bedroom with one bath and a three bedroom with 2 bathrooms. The outside of the building was freshly painted in the summer of 2021 and the roof is only about 6 years old. Amenities include, onsite parking, a back yard patio, a large wooden deck (needs some repair) and a boat launch. The property is within walking distant to a grocery store and the post office. Currently, due to the drought, the water is low and there is no lake access. And as per the owner, when we have an excess of water and there is flooding, there has not been any water in the units. Call listing agent for more information and a property brochure.

Last Agent to Sell the Property

Jim Magliulo

Country Air Properties License #01852966 Listed on: 11/19/2021

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 7,405 Sq Ft Lot
  • Home fronts a lagoon or estuary
  • Two or More Common Walls
  • Level Lot
  • Density is 2-5 Units/Acre

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 2,900 Sq Ft Home
  • Laminate Flooring
  • Lake Views

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Parking

  • Parking Available
  • Driveway

Outdoor Features

  • Access To Lake

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Legal Lot and Block 15-17 / 3
  • Assessor Parcel Number 037342390000
  • $6,047 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Community Lake

Recreation

  • Fishing
  • Hunting
  • Water Sports
  • Hiking Trails

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • Electric Expense $3,000
  • Fuel Expense $1
  • Insurance Expense $2,800
  • Trash Expense $1,200
  • Water Sewer Expense $1,200
  • Operating Expense $8,200
  • Gross Income $38,880
  • Net Operating Income $30,680

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 1200.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 037342390000
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Levels: One
  • Price Per Square Foot: 146.55

Exterior Features

  • View: Lake
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Parking: Yes
  • Parking Features: Asphalt

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Baseboard
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Fishing, Hiking, Lake, Hunting, Watersports

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Level with Street
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Electric Expense: 3000.00
  • Fuel Expense: 1.00
  • Gross Income: 38880.00
  • Gross Scheduled Income: 38880.00
  • Insurance Expense: 2800.00
  • Lot Size Area: 7405.0000 Square Feet
  • Net Operating Income: 30680.00
  • Number Of Separate Electric Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 8200.00
  • Rent Control: Yes
  • Total Actual Rent: 3240.00
  • Total Expenses: 8200.00
  • Waterfront Features: Lagoon, Lake

Tax Info

  • Tax Block: 3
  • Tax Census Tract: 7.01
  • Tax Lot: 15-17
  • TaxOtherAnnualAssessmentAmount: 6047.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2021
Closed on
Feb 25, 2022
Sold by
Rosemary Martens
Bought by
Burriesci Illowsky Family Trust
Seller's Agent
Jim Magliulo
Country Air Properties
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$425,000
Sold Price
$425,000
Current Estimated Value
$386,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$38,503
Avg. Annual Appreciation
0.95%
Original Mortgage
$311,250
Outstanding Balance
$289,505
Interest Rate
3.69%
Mortgage Type
Balloon
Estimated Equity
$151,401

Purchase Details

Closed on
Jul 22, 2005
Sold by
Amodeo Albert R and Amodeo Monica L
Bought by
Martens Rosemary and Metzger Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
5.99%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Burriesci Illowsky Family Trust $415,000 First American Title
Martens Rosemary $435,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burriesci Illowsky Family Trust $311,250
Previous Owner Martens Rosemary $348,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2022 03/04/22 Sold $425,000 0.0% $147 / Sq Ft
11/19/2021 11/19/21 For Sale $425,000 -- $147 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $5,178 $440,400 $212,241 $228,159
2024 $5,120 $431,766 $208,080 $223,686
2023 $5,060 $423,300 $204,000 $219,300
2022 $5,192 $450,000 $250,000 $200,000
2021 $5,439 $360,000 $200,000 $160,000
2020 $4,414 $324,000 $188,000 $136,000
2019 $3,897 $324,000 $188,000 $136,000
2018 $3,973 $324,000 $188,000 $136,000
2017 $3,855 $324,000 $188,000 $136,000
2016 $3,729 $324,000 $188,000 $136,000
2015 -- $324,000 $188,000 $136,000
2014 -- $324,000 $188,000 $136,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LC21252185

California Regional Multiple Listing Service (CRMLS)

APN: 037-342-390-000