NOT LISTED FOR SALE

14034 Lakeshore Dr Clearlake, CA 95422

Estimated Value: $180,498 - $258,000

3 Beds
4 Baths
2,000 Sq Ft
$108/Sq Ft Est. Value

Last Sold September 24, 2018

Last sale price $130,000 $65 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,269/month

273 Days on Market

Highlights

  • Fishing
  • Neighborhood Views
  • Carpet
  • Near a National Forest
  • Wood Siding
  • 5-minute walk to Austin Park

About This Home

As of September 2018

Income producing property. Classic Clearlake resort with 4 rent-able units. Two units currently rented and two vacant. There are 2 studios, one 2 bed, 1 bath unit and one 1 bedroom, 1 bath unit. Convenient location. Owner recently installed new water heaters in 3 units. Heat source is baseboard heaters in all units. There is a new roof, some of the electrical wiring has been updated, new doors, new paint 2014. This is a 3 plex plus one house.

Last Agent to Sell the Property

Greg Evans

Evans Realty License #01366058 Listed on: 11/01/2017

Last Buyer's Agent

Greg Evans

Evans Realty License #01366058 Listed on: 11/01/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 7,303 Sq Ft Lot
  • Two or More Common Walls
  • No Landscaping
  • Density is 2-5 Units/Acre

Home Design

  • Property Attached
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • Carpet
  • Neighborhood Views
  • Electric Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 0390931800

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Near a National Forest

Recreation

  • Fishing

Building Details

  • 4 Separate Electric Meters
  • Insurance Expense $2,000
  • Trash Expense $1,200
  • Water Sewer Expense $2,400
  • New Taxes Expense $1,000
  • Operating Expense $6,600
  • Gross Income $20,000
  • Net Operating Income $7,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 2400.00
  • Property Type: Residential Income
  • Parcel Number: 0390931800
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Price Per Square Foot: 65.00

Exterior Features

  • View: Neighborhood
  • Fence: No
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Wood Siding

Utilities

  • Utilities: Electricity Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Electric Cooktop
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Blm/National Forest

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, No Landscaping
  • Lot Size Sq Ft: 7303.00

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 20000.00
  • Gross Scheduled Income: 14000.00
  • Insurance Expense: 2000.00
  • Net Operating Income: 7400.00
  • Number Of Separate Electric Meters: 4
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Range: 4
  • Number With Refrigerator: 3
  • Operating Expense: 6600.00
  • Rent Control: No
  • Total Expenses: 6600.00
  • Waterfront Features: Fishing in Community

Tax Info

  • New Taxes Expense: 1000.00
  • Tax Census Tract: 7.01

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2018 09/24/18 Sold $130,000 -18.8% $65 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
07/28/2018 07/28/18 Price Changed $160,000 -11.1% $80 / Sq Ft
05/11/2018 05/11/18 For Sale $180,000 +38.5% $90 / Sq Ft
04/30/2018 04/30/18 Off Market $130,000 -- --
12/19/2017 12/19/17 Price Changed $180,000 -9.3% $90 / Sq Ft
11/01/2017 11/01/17 For Sale $198,500 -- $99 / 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 $1,889 $145,014 $33,464 $111,550
2024 $1,865 $142,171 $32,808 $109,363
2023 $1,839 $139,384 $32,165 $107,219
2022 $1,745 $136,652 $31,535 $105,117
2021 $1,778 $133,973 $30,917 $103,056
2020 $1,768 $132,600 $30,600 $102,000
2019 $883 $58,627 $26,144 $32,483
2018 $880 $57,479 $25,632 $31,847
2017 $843 $56,353 $25,130 $31,223
2016 $764 $55,249 $24,638 $30,611
2015 $752 $54,420 $24,268 $30,152
2014 $740 $53,355 $23,793 $29,562
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LC17248952

California Regional Multiple Listing Service (CRMLS)

APN: 039-093-180-000