Seller's Agent in 2016
Janice Hodges
The Hodges Real Estate Group
(707) 349-1466
6 in this area
118 Total Sales
209 Wright Ln Lakeport, CA 95453
Estimated Value: $283,000 - $509,000
6
Beds
3
Baths
3,190
Sq Ft
$130/Sq Ft
Est. Value
About This Home
As of December 2016This is an AMAZING investment... Located in downtown Lakeport. Live in one and rent the other three! A 4-unit apartment building with all 2BR/1BA fully rented units. One unit has been recently and beautifully upgraded along with new outside paint, upgraded carport and new double pane windows throughout. This building is positioned close to shopping, jobs, and amenities. Quality tenants. Returns show at least an 8.49%. Private financing, NOT OWNER FINANCING, is available.
Last Agent to Sell the Property
The Hodges Real Estate Group License #01882693 Listed on: 04/27/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,676
Year Built
- Built in 1978
Lot Details
- 0.26 Acre Lot
- Two or More Common Walls
- Cul-De-Sac
- Rural Setting
Home Design
- 3,190 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Parking
- 4 Parking Spaces
- 4 Carport Spaces
- Parking Available
- Assigned Parking
Listing and Financial Details
- Tenant pays for cable TV, electricity
- Assessor Parcel Number 02833108
Community Details
Overview
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Electric Expense $180
- Insurance Expense $1,600
- Trash Expense $1,200
- Water Sewer Expense $2,500
- New Taxes Expense $2,676
- Gross Income $34,140
- Net Operating Income $25,984
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 27, 2016
Closed on
Dec 12, 2016
Sold by
Avilla Chad
Bought by
Berkstresser Mary and Roberts Chad A
Seller's Agent
Janice Hodges
The Hodges Real Estate Group
Buyer's Agent
Colleen Henninger
City Center Realty
List Price
$395,000
Sold Price
$315,000
Premium/Discount to List
-$80,000
-20.25%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,963
Avg. Annual Appreciation
3.04%
Original Mortgage
$236,250
Outstanding Balance
$189,966
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$223,997
Purchase Details
Listed on
Aug 29, 2013
Closed on
Oct 30, 2013
Sold by
Alman Larry I
Bought by
Avilla Chad
Seller's Agent
Heather Fisher
Better Homes & Gardens - Wine Country Group
Buyer's Agent
Janice Hodges
The Hodges Real Estate Group
List Price
$225,000
Sold Price
$226,000
Premium/Discount to List
$1,000
0.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.23%
Original Mortgage
$169,500
Interest Rate
4.46%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 27, 2003
Sold by
Alman Larry I and Alman Katri A
Bought by
Alman Larry I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.37%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Berkstresser Mary | $315,000 | Fidelity National Title Co | |
| Avilla Chad | $226,000 | Fidelity National Title Co | |
| Alman Larry I | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Berkstresser Mary | $236,250 | |
| Previous Owner | Avilla Chad | $169,500 | |
| Previous Owner | Alman Larry I | $75,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/14/2016 12/14/16 | Sold | $315,000 | -20.3% | $99 / Sq Ft | |
| 04/29/2015 04/29/15 | For Sale | $395,000 | +74.8% | $124 / Sq Ft | |
| 10/31/2013 10/31/13 | Sold | $226,000 | +0.4% | $71 / Sq Ft | View Prior Sale |
| 09/27/2013 09/27/13 | Pending | -- | -- | -- | |
| 08/29/2013 08/29/13 | For Sale | $225,000 | -- | $71 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $4,537 | $365,580 | $75,435 | $290,145 |
| 2024 | $4,425 | $358,412 | $73,956 | $284,456 |
| 2023 | $4,343 | $351,385 | $72,506 | $278,879 |
| 2022 | $3,982 | $344,496 | $71,085 | $273,411 |
| 2021 | $3,952 | $337,742 | $69,692 | $268,050 |
| 2020 | $3,822 | $334,280 | $68,978 | $265,302 |
| 2019 | $3,805 | $327,726 | $67,626 | $260,100 |
| 2018 | $3,644 | $321,300 | $66,300 | $255,000 |
| 2017 | $2,765 | $238,710 | $89,780 | $148,930 |
| 2016 | $2,709 | $234,030 | $88,020 | $146,010 |
| 2015 | $2,676 | $230,515 | $86,698 | $143,817 |
| 2014 | $3,103 | $226,000 | $85,000 | $141,000 |
Source: Public Records
Agents Affiliated with this Home
-
Janice Hodges
-
Colleen Henninger
C
Buyer's Agent in 2016
Colleen Henninger
City Center Realty
(707) 263-3300
9 in this area
83 Total Sales
-
M
Buyer Co-Listing Agent in 2016
Mike Humble
City Center Realty
-
H
Seller's Agent in 2013
Heather Fisher
Better Homes & Gardens - Wine Country Group
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: LC15091036
APN: 028-331-080-000
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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