NOT LISTED FOR SALE

1600 Mikes Way Lakeport, CA 95453

Estimated Value: $53,815 - $86,000

4 Acres
$17,477 Price per Acre
174,240 Sq Ft Lot

Last Sold March 25, 2020

Last sale price $46,500

Est. 50% increase in value since last sale

Current estimated payment $424/month

144 Days on Market

Highlights

  • View of Trees or Woods
  • 4 Acre Lot
  • Wooded Lot
  • Clear Lake High School Rated A-
  • Secluded Lot
  • No HOA

About This Lot

As of March 2020

Historical tentative map for 8 lots. Possible development opportunity. Single-family and manufactured homes allowed. Scenic cul-de-sac location set back in the middle of the block. Direct street access to the north via Mikes Way. Neighborhood of attractive homes located close to the lake. Utilities available in the street. Motivated seller has priced this parcel at $70,000 which is well below tax assessed value of $160,000. Act quickly!

Last Agent to Sell the Property

Tammy Tengs

LAND22 REAL ESTATE License #01436288 Listed on: 10/01/2019

Last Buyer's Agent

Tammy Tengs

LAND22 REAL ESTATE License #01436288 Listed on: 10/01/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $626

Lot Details

  • 4 Acre Lot
  • Cul-De-Sac
  • Secluded Lot
  • Rectangular Lot
  • Gentle Sloping Lot
  • Wooded Lot
  • Value in Land

Property Views

  • Woods
  • Hills
  • Neighborhood

Additional Features

  • Suburban Location
  • Phone Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 026122530000

Property Details

Property Type

Land

Est. Annual Taxes

$626

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: R-1
  • Property Type: Land
  • Parcel Number: 026122530000
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 0.27

Exterior Features

  • View: Hills, Neighborhood, Trees/Woods

Utilities

  • Utilities: Electricity Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Gentle Sloping, Rectangular Lot, Secluded, Treed Lot, Value In Land
  • Lot Size Sq Ft: 174240.00
  • Lot Size Acres: 4.0000

Multi Family

  • Lot Size Area: 174240.0000 Square Feet

Tax Info

  • Tax Census Tract: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2019
Closed on
Mar 4, 2020
Sold by
Schuler Richard
Bought by
Anjum Zafir
Seller's Agent
Tammy Tengs
LAND22 REAL ESTATE
Buyer's Agent
Tammy Tengs
LAND22 REAL ESTATE
List Price
$100,000
Sold Price
$46,500
Premium/Discount to List
-$53,500
-53.5%
Current Estimated Value
$69,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,408
Avg. Annual Appreciation
7.62%

Purchase Details

Closed on
Apr 22, 2009
Sold by
Wienke Tamra
Bought by
Schuler Richard and Schuler Nelly

Purchase Details

Closed on
Apr 18, 2007
Sold by
Wienke Glenn
Bought by
Wienke Tamra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.11%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 9, 2004
Sold by
Goodrich Charlene
Bought by
Dynasty Homes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
6.29%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Anjum Zafir $46,500 First American Title Company
Schuler Richard $486,575 First American Title Ins Co
Wienke Tamra -- Fidelity Natl Title Co Of Ca
Wienke Tamra $417,000 Fidelity Natl Title Co Of Ca
Dynasty Homes $318,000 Fidelity National Title
Goodrich Charlene -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wienke Tamra $480,000
Previous Owner Dynasty Homes $385,000
Closed Dynasty Homes $98,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2020 03/25/20 Sold $46,500 -33.6% --
02/22/2020 02/22/20 Pending -- -- --
11/24/2019 11/24/19 Price Changed $70,000 -30.0% --
11/22/2019 11/22/19 For Sale $100,000 0.0% --
11/10/2019 11/10/19 Pending -- -- --
10/01/2019 10/01/19 For Sale $100,000 -- --
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 $626 $49,855 $49,855 --
2023 $615 $48,878 $48,878 $0
2022 $603 $47,920 $47,920 $0
2021 $598 $46,981 $46,981 $0
2020 $1,838 $160,000 $160,000 $0
2019 $1,865 $160,000 $160,000 $0
2018 $2,227 $198,058 $198,058 $0
2017 $2,215 $194,175 $194,175 $0
2016 $2,165 $190,368 $190,368 $0
2015 -- $187,509 $187,509 $0
2014 -- $183,836 $183,836 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV19232425

California Regional Multiple Listing Service (CRMLS)

APN: 026-122-530-000