NOT LISTED FOR SALE

14141 Lakeshore Dr Clearlake, CA 95422

Estimated Value: $782,659

4 Beds
2 Baths
5,500 Sq Ft
$142/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $650,000 $118 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,027/month

58 Days on Market

Highlights

  • Fishing
  • Community Lake
  • No HOA
  • Lake View
  • Property is near public transit
  • 5-minute walk to Highlands Park

About This Home

As of April 2021

Lakefront multi-family units; 2 story apartment building has 8 1 bedroom 1 bath units with some updated; lakefront home is 2 story 3 bedroom 1 bath with sun room and deck; approx 100 feet on the lake; great mid town location.

Last Agent to Sell the Property

David Hughes

Century 21 Epic-Clearlake License #00513382 Listed on: 02/06/2021

Century 21 Epic-Clearlake

Last Buyer's Agent

David Hughes

Century 21 Epic-Clearlake License #00513382 Listed on: 02/06/2021

Century 21 Epic-Clearlake

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,249

Year Built

  • Built in 1940

Lot Details

  • 0.61 Acre Lot
  • Two or More Common Walls
  • Level Lot

Home Design

  • Apartment

Interior Spaces

  • 5,500 Sq Ft Home
  • Lake Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Location

  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 04005112

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 9 Units
  • Community Lake

Recreation

  • Fishing

Building Details

  • 9 Separate Electric Meters
  • 1 Separate Water Meter
  • Electric Expense $4,800
  • Insurance Expense $5,000
  • Professional Management Expense $18,000
  • Trash Expense $3,516
  • Water Sewer Expense $8,880
  • New Taxes Expense $10,000
  • Operating Expense $60,196
  • Gross Income $81,060
  • Net Operating Income $16,804

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,249

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Professional Management Expense: 18000.00
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 8880.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 04005112
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 118.18

Exterior Features

  • View: Lake
  • Pool Private: No
  • Spa: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 3516.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Fishing, Lake

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Near Public Transit
  • Lot Size Sq Ft: 26571.00
  • Lot Size Acres: 0.6100
  • Latitude Manual: 38.95570800

Multi Family

  • Electric Expense: 4800.00
  • Gross Income: 81060.00
  • Gross Operating Income: 77000.00
  • Gross Scheduled Income: 81060.00
  • Insurance Expense: 5000.00
  • Lot Size Area: 26571.0000 Square Feet
  • Net Operating Income: 16804.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 9
  • Operating Expense: 60196.00
  • Rent Control: No
  • Total Expenses: 60196.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 10000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2023
Sold by
Hoffman David A
Bought by
Campodonico Sandra G
Current Estimated Value
$782,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$485,796
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$295,342
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Campodonico Sandra G -- Stewart Title Of California
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campodonico Sandra G $500,000
Previous Owner Sochet Terry Diane $655,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $650,000 -5.8% $118 / Sq Ft
03/24/2021 03/24/21 Price Changed $690,000 -19.8% $125 / Sq Ft
02/06/2021 02/06/21 For Sale $860,000 +126.3% $156 / Sq Ft
12/05/2014 12/05/14 Sold $380,000 -31.5% $107 / Sq Ft
11/20/2014 11/20/14 Pending -- -- --
02/01/2014 02/01/14 For Sale $555,000 -- $156 / 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
2024 $9,249 $773,291 $228,520 $544,771
2023 $8,207 $676,260 $208,080 $468,180
2022 $7,863 $663,000 $204,000 $459,000
2021 $5,059 $0 $0 $0
2020 $5,059 $0 $0 $0
2019 $5,059 $406,879 $190,126 $216,753
2018 $5,059 $406,879 $190,126 $216,753
2017 $4,820 $399,010 $186,399 $212,611
2016 $4,462 $390,795 $182,745 $208,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LC21025302

California Regional Multiple Listing Service (CRMLS)

APN: 040-051-120-000