NOT LISTED FOR SALE

16020 40th Ave Clearlake, CA 95422

Estimated Value: $149,000 - $204,000

3 Beds
1 Bath
960 Sq Ft
$184/Sq Ft Est. Value

Last Sold February 21, 2012

Last sale price $28,000 $29 Per Sq Ft

Est. 532% increase in value since last sale

Current estimated payment $1,013/month

3 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Laundry Room
  • View of Hills
  • Eat-In Kitchen
  • Wood Fence

About This Home

As of February 2012

Looking for a fixer? Here it is! Needs just about everything. Plumbing repairs, electrical, appliances, drywall etc. Great potential & a great price for this 3 bedroom 1.5 bath fixer in a quiet area. Large lot. Buyer must agree to rehabilitate property to FHA standards, provide rehab costs breakdown, provide before & after photos of rehabed property within 60 days of purchase, and fill out Chase "Final Outcome of Property" form and provida all to seller.

Last Agent to Sell the Property

Steven Shields

Realty World-David R Hughes & Associates License #01136838 Listed on: 01/30/2012

Realty World-David R Hughes & Associates

Last Buyer's Agent

Zachary Swithenbank

REMAX Champions License #01859978

REMAX Champions

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 0.29 Acre Lot
  • Wood Fence

Property Views

  • Hills
  • Neighborhood

Home Design

  • 960 Sq Ft Home
  • Fixer Upper
  • Composition Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside

Additional Features

  • Eat-In Kitchen
  • Suburban Location
  • No Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 04127548

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04127548
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 960.00
  • Appliances: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: In Kitchen
  • Levels: One
  • Price Per Square Foot: 29.17
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Hills, Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Outside
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 12500.00
  • Lot Size Acres: 0.2900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12500.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2016
Sold by
Cordano Ray and Cordano Amina
Bought by
Empire Processing Inc
Current Estimated Value
$176,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Outstanding Balance
$2,209,720
Interest Rate
3.97%
Mortgage Type
Commercial
Estimated Equity
-$2,032,856

Purchase Details

Closed on
May 14, 2013
Sold by
Brikeman Llc
Bought by
Cordano Ray and Cardano Amina

Purchase Details

Listed on
Jan 30, 2012
Closed on
Feb 10, 2012
Sold by
Quantrum Community Development Corporati
Bought by
Brikeman Llc
Seller's Agent
Steven Shields
Realty World-David R Hughes & Associates
Buyer's Agent
Zachary Swithenbank
REMAX Champions
List Price
$24,950
Sold Price
$28,000
Premium/Discount to List
$3,050
12.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.13%
Original Mortgage
$40,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 30, 2012
Closed on
Jan 17, 2012
Sold by
Jpmorgan Chase Bank National Association
Bought by
Quantum Community Development Corporatio
Seller's Agent
Steven Shields
Realty World-David R Hughes & Associates
Buyer's Agent
Zachary Swithenbank
REMAX Champions
List Price
$24,950
Sold Price
$28,000
Premium/Discount to List
$3,050
12.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2011
Sold by
Vitgenos Frank
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Sep 27, 2008
Sold by
Deems Vitgenos
Bought by
Vitgenos Frank

Purchase Details

Closed on
Jan 25, 2007
Sold by
Vitgenos Frank
Bought by
Vitgenos Frank and Vitgenos Brandi

Purchase Details

Closed on
Oct 24, 2006
Sold by
Vitgenos Brandi
Bought by
Vitgenos Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
9.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Empire Processing Inc -- Chicago Title Insurance Co
Cordano Ray $65,000 Fidelity Natl Title Co Of Ca
Brikeman Llc $28,000 First American Title
Quantum Community Development Corporatio $28,000 Stewart Title Of Sacramento
Jpmorgan Chase Bank National Association $28,334 Servicelink
Vitgenos Frank -- None Available
Vitgenos Frank -- None Available
Vitgenos Frank -- First American Title Co
Vitgenos Frank $170,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Empire Processing Inc $2,800,000
Previous Owner Brikeman Llc $40,000
Previous Owner Vitgenos Frank $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2012 02/21/12 Sold $28,000 +12.2% $29 / Sq Ft
02/02/2012 02/02/12 Pending -- -- --
01/30/2012 01/30/12 For Sale $24,950 -- $26 / 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 $1,131 $79,668 $12,253 $67,415
2024 $1,117 $78,107 $12,013 $66,094
2023 $1,103 $76,577 $11,778 $64,799
2022 $1,051 $75,077 $11,548 $63,529
2021 $1,068 $73,606 $11,322 $62,284
2020 $1,062 $72,852 $11,206 $61,646
2019 $1,022 $71,425 $10,987 $60,438
2018 $1,021 $70,025 $10,772 $59,253
2017 $978 $68,653 $10,561 $58,092
2016 $1,443 $67,307 $10,354 $56,953
2015 $1,447 $66,297 $10,199 $56,098
2014 $1,135 $28,689 $10,246 $18,443
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LC12013118

California Regional Multiple Listing Service (CRMLS)

APN: 041-275-480-000