Seller's Agent in 2023
Trung Nguyen
RE/MAX
(707) 533-3217
136 Total Sales
13992 Lakeshore Dr Clearlake, CA 95422
Estimated Value: $288,000 - $662,000
5
Beds
4
Baths
2,700
Sq Ft
$206/Sq Ft
Est. Value
Highlights
- Beach Access
- All Bedrooms Downstairs
- Lake View
- Golf Course Community
- Across the Road from Lake or Ocean
- Community Lake
About This Home
As of March 2023Great Investment Opportunity with 8 rental units. The "Capri Cottages" is centrally located in down town Clearlake with partial ownership in Manakee Beach located directly across the street. The current owners have done a phenomenal job at maintaining the property and maximizing the income opportunity. This property produces a lucrative amount of income and would make a great investment for any buyer. There is still potential to grow this property with 3 unused RV hookups and space for several more units. All units have been updated recently.
Last Agent to Sell the Property
RE/MAX Gold Lake County License #02144500 Listed on: 10/12/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1971 | Remodeled
Lot Details
- 0.59 Acre Lot
- No Common Walls
- Rural Setting
- Density is 6-10 Units/Acre
Property Views
- Lake
- Mountain
- Hills
- Neighborhood
Home Design
- Composition Roof
- Wood Siding
Interior Spaces
- 2,700 Sq Ft Home
- Ceiling Fan
- Double Pane Windows
- Window Screens
Kitchen
- Electric Oven
- Electric Range
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 5 Bedrooms
- All Bedrooms Down
- 4 Bathrooms
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
Outdoor Features
- Beach Access
- Shed
- Outbuilding
Location
- Across the Road from Lake or Ocean
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV
- Tax Lot 22-25
- Assessor Parcel Number 039116050000
- $2,509 per year additional tax assessments
Community Details
Overview
- 8 Buildings
- 8 Units
- Community Lake
- Near a National Forest
- Mountainous Community
Recreation
- Golf Course Community
- Park
- Hiking Trails
- Bike Trail
Building Details
- Electric Expense $11,116
- Fuel Expense $4,848
- Insurance Expense $5,263
- Trash Expense $1,440
- Water Sewer Expense $7,651
- New Taxes Expense $6,950
- Operating Expense $37,268
- Net Operating Income $69,772
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 12, 2022
Closed on
Mar 14, 2023
Sold by
Franco Neomia
Bought by
Forest Adam and Forest Brandy
Seller's Agent
Trung Nguyen
RE/MAX Gold Lake County
Buyer's Agent
Trung Nguyen
RE/MAX Gold Lake County
List Price
$695,000
Sold Price
$625,000
Premium/Discount to List
-$70,000
-10.07%
Views
82
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$68,583
Avg. Annual Appreciation
-3.97%
Original Mortgage
$224,000
Outstanding Balance
$216,662
Interest Rate
6.09%
Mortgage Type
Seller Take Back
Estimated Equity
$339,755
Purchase Details
Closed on
Sep 26, 2013
Sold by
Lopez George B and Alvarez Rosa
Bought by
Franco Noemia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.46%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Sep 24, 2013
Sold by
Franco Danny
Bought by
Franco Neomia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.46%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Forest Adam | $606,818 | First American Title | |
| Franco Noemia | $175,000 | Fidelity National Title Co | |
| Franco Neomia | -- | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Forest Adam | $224,000 | |
| Previous Owner | Franco Noemia | $125,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/16/2023 03/16/23 | Sold | $625,000 | -10.1% | $231 / Sq Ft |
| 10/12/2022 10/12/22 | For Sale | $695,000 | -- | $257 / 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 | $7,515 | $650,250 | $234,090 | $416,160 |
| 2024 | $7,432 | $637,500 | $229,500 | $408,000 |
| 2023 | $2,582 | $206,187 | $117,822 | $88,365 |
| 2022 | $5,819 | $202,145 | $115,512 | $86,633 |
| 2021 | $2,509 | $198,183 | $113,248 | $84,935 |
| 2020 | $2,495 | $196,152 | $112,087 | $84,065 |
| 2019 | $5,512 | $192,307 | $109,890 | $82,417 |
| 2018 | $5,426 | $188,537 | $107,736 | $80,801 |
| 2017 | $2,279 | $184,841 | $105,624 | $79,217 |
| 2016 | $2,154 | $181,217 | $103,553 | $77,664 |
| 2015 | $2,453 | $178,496 | $101,998 | $76,498 |
| 2014 | $2,399 | $175,000 | $100,000 | $75,000 |
Source: Public Records
Agents Affiliated with this Home
-
Trung Nguyen
-
Tiffany Peng
Seller Co-Listing Agent in 2023
Tiffany Peng
RE/MAX
(707) 349-2389
127 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: LC22219054
APN: 039-116-050-000
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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