NOT LISTED FOR SALE

14151 Lakeshore Dr Clearlake, CA 95422

Estimated Value: $696,905

1 Bed
1 Bath
6,000 Sq Ft
$116/Sq Ft Est. Value

Last Sold October 26, 2022

Last sale price $600,000 $100 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,449/month

177 Days on Market

About This Home

As of October 2022

Lake County multi-family investment property. This established mobile home park offers 22 RV/Mobile home sites and an additional LAKE FRONT home. The north side of the park has direct access to Hwy 20 and is just minutes away from downtown Nice. The south side of the park is accessed from Lakeshore Blvd and is directly across the street from beautiful Clear Lake. The purchase of this property includes 17 units, which are currently sub-metered for electricity and the monthly cost is added to the tenants rent. An additional home is directly on the lakes edge and has an unobstructed view of Mt. Konocti across the water. Currently this home is being used by the property manager but, because this sit across the street from the park, it can be used as a personal oasis for you and your family to enjoy! This affordable mobile home park is priced to sell and ready for some TLC to bring it back to its full potential.

Last Agent to Sell the Property

Jim Magliulo

Country Air Properties License #01852966 Listed on: 05/02/2022

Last Buyer's Agent

Jim Magliulo

Country Air Properties License #01852966 Listed on: 05/02/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,904

Year Built

  • Built in 1951

Lot Details

  • 0.67 Acre Lot

Home Design

  • Quadruplex

Interior Spaces

  • 6,000 Sq Ft Home
  • 2-Story Property

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System

Listing and Financial Details

  • Assessor Parcel Number 040-051-130-000

Community Details

Overview

  • 3 Buildings
  • 11 Units

Building Details

  • Gross Income $120,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,904

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: Quadruplex
  • Directions To Property: Hwy 29 to property.
  • Lot Size Acres: 0.6700
  • Stories: 2
  • Actual or Scheduled: Scheduled
  • Special Features: None

Interior Features

  • Price Per Square Foot: 100.00
  • Square Footage: 6000.00
  • NumberOfBuildings: 3

Exterior Features

  • Lot Features: Other

Garage/Parking

  • Parking Features: Other

Utilities

  • Cooling: Wall Unit(s), Window Unit(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Other
  • Laundry Features: Other

Lot Info

  • Assessor Parcel Number: 040-051-130-000
  • Lot Size Sq Ft: 29185.00

Building Info

  • Year Built: 1951

Multi Family

  • Number of 1 Bedroom Units: 1
  • Number of Studio Units: 6
  • NumberOfUnitsTotal: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2022
Closed on
Dec 22, 2022
Sold by
Lakeshore Apartments Llc
Bought by
Rac Shaw Inc
Seller's Agent
Jim Magliulo
Country Air Properties
Buyer's Agent
Jim Magliulo
Country Air Properties
List Price
$650,000
Sold Price
$600,000
Premium/Discount to List
-$50,000
-7.69%
Current Estimated Value
$696,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,905
Avg. Annual Appreciation
7.58%
Original Mortgage
$650,000
Outstanding Balance
$629,532
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$109,348
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
Rac Shaw Inc $650,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rac Shaw Inc $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2022 10/26/22 Sold $600,000 -7.7% $100 / Sq Ft
09/29/2022 09/29/22 Price Changed $650,000 -7.1% $108 / Sq Ft
05/09/2022 05/09/22 Price Changed $700,000 +7.7% $117 / Sq Ft
05/02/2022 05/02/22 For Sale $650,000 +21.5% $108 / Sq Ft
06/14/2021 06/14/21 Sold $535,000 +1.9% $446 / Sq Ft
05/20/2021 05/20/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $525,000 -- $438 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

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 $7,904 $663,000 $153,000 $510,000
2023 $8,132 $678,300 $142,800 $535,500
2022 $2,632 $203,059 $104,431 $98,628
2021 $2,678 $199,079 $102,384 $96,695
2020 $2,641 $197,039 $101,335 $95,704
2019 $2,533 $193,177 $99,349 $93,828
2018 $2,531 $189,390 $97,401 $91,989
2017 $2,416 $185,678 $95,492 $90,186
2016 $2,170 $182,038 $93,620 $88,418
Source: Public Records

Agents Affiliated with this Home

  • Jim Magliulo

    Seller's Agent in 2022

    Jim Magliulo

    Country Air Properties

    (707) 263-5729

    75 Total Sales

    Jim Magliulo
    Section Image
  • Sashi Narayan

    Seller's Agent in 2021

    Sashi Narayan

    eXp Realty of California Inc.

    (916) 628-7269

    6 Total Sales

    Sashi Narayan
    Section Image

  • L

    Buyer's Agent in 2021

    Lauren Bianchi

    SOCO PROPERTY

See All Agents

Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 322039943

Bay Area Real Estate Information Services (BAREIS)

APN: 040-051-130-000

California Lake County Clearlake 95422

14151 Lakeshore Dr, Clearlake, CA

This home is located at 14151 Lakeshore Dr, Clearlake, CA 95422 since 02 May 2022 and is currently estimated at $696,905, approximately $116 per square foot. This property was built in 1951. 14151 Lakeshore Dr is a home located in Lake County with nearby schools including Lower Lake High School, Clearlake Seventh-day Adventist Christian School, and Konocti Private School.

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Bay Area Real Estate Information Services (BAREIS) Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.

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