NOT LISTED FOR SALE

13770 Manakee Ave Clearlake, CA 95422

Estimated Value: $302,000 - $381,000

5 Beds
3 Baths
5,100 Sq Ft
$65/Sq Ft Est. Value

Last Sold January 02, 2015

Last sale price $170,000 $33 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $1,929/month

140 Days on Market

About This Home

As of January 2015

Main home with 2 additional units. All Occupied. All units are relatively large. Unit #1 rents for $800. 1500sf+-. 2 bedroom with down stairs studio. Unit #2 rents for $550. Studio unit with large kitchen and 1 car garage. Unit #3 rents for $700. 1200sf+-, 2Bd/3Ba. 2 story with laundry room and garage. Great income producer. All units have separate electric meters, entrances & parking. Great location. Close to down town and beach rights as an extra bonus.

Last Agent to Sell the Property

Michael Crawford

Country Air Properties License #01190645 Listed on: 07/16/2014

Last Buyer's Agent

Julie Taylor

Country Air Properties License #01433061

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,679

Year Built

  • Built in 1978

Lot Details

  • 0.25 Acre Lot
  • 1 Common Wall

Parking

  • 2 Car Garage

Home Design

  • 5,100 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 0391031000

Community Details

Overview

  • 2 Buildings
  • 3 Units

Recreation

  • Fishing

Building Details

  • 3 Separate Electric Meters
  • Insurance Expense $3,190
  • New Taxes Expense $2,088
  • Operating Expense $9,720
  • Net Operating Income $17,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,679

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Property Type: Residential Income
  • Parcel Number: 0391031000
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 33.33

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Water Available

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 10871.00
  • Lot Size Acres: 0.2500

Multi Family

  • Gross Scheduled Income: 27000.00
  • Insurance Expense: 3190.00
  • Lot Size Area: 10871.0000 Square Feet
  • Net Operating Income: 17280.00
  • Number Of Separate Electric Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 9720.00
  • Rent Control: No
  • Total Expenses: 9720.00
  • Waterfront Features: Fishing in Community

Tax Info

  • New Taxes Expense: 2088.00
  • Tax Annual Amount: 2679.00
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2014
Closed on
Dec 30, 2014
Sold by
Blair Lynne
Bought by
Philipp John S
Seller's Agent
Michael Crawford
Country Air Properties
Buyer's Agent
Julie Taylor
Country Air Properties
List Price
$189,900
Sold Price
$170,000
Premium/Discount to List
-$19,900
-10.48%
Current Estimated Value
$332,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,050
Avg. Annual Appreciation
6.25%
Original Mortgage
$115,000
Outstanding Balance
$88,219
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$243,831

Purchase Details

Listed on
Jul 16, 2014
Closed on
Dec 29, 2014
Sold by
Philipp John S and Philipp Phillip Ann
Bought by
John S Philipp & Ann E Philipp Revocable
Seller's Agent
Michael Crawford
Country Air Properties
Buyer's Agent
Julie Taylor
Country Air Properties
List Price
$189,900
Sold Price
$170,000
Premium/Discount to List
-$19,900
-10.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Outstanding Balance
$88,219
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$243,831
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Philipp John S $170,000 First American Title
John S Philipp & Ann E Philipp Revocable -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Philipp John S $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2015 01/02/15 Sold $170,000 -10.5% $33 / Sq Ft
12/03/2014 12/03/14 Pending -- -- --
07/16/2014 07/16/14 For Sale $189,900 -- $37 / 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 $2,515 $204,302 $18,022 $186,280
2024 $2,485 $200,297 $17,669 $182,628
2023 $2,454 $196,371 $17,323 $179,048
2022 $2,354 $192,522 $16,984 $175,538
2021 $2,407 $188,748 $16,651 $172,097
2020 $2,394 $186,814 $16,481 $170,333
2019 $2,294 $183,152 $16,158 $166,994
2018 $2,294 $179,562 $15,842 $163,720
2017 $2,188 $176,042 $15,532 $160,510
2016 $2,007 $172,591 $15,228 $157,363
2015 $2,715 $238,000 $75,650 $162,350
2014 $2,711 $238,000 $75,650 $162,350
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Michael Crawford

    Country Air Properties

    Section Image

  • J

    Buyer's Agent in 2015

    Julie Taylor

    Country Air Properties

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LC14151392

California Regional Multiple Listing Service (CRMLS)

APN: 039-103-100-000

California Lake County Clearlake 95422

13770 Manakee Ave, Clearlake, CA

Not Listed for Sale

MultiFamily

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