NOT LISTED FOR SALE

23508 Lake Dr Crestline, CA 92325

14 Beds
13 Baths
5,401 Sq Ft
0.46 Acres

Last Sold October 23, 2023

Last sale price $1,000,000 $185 Per Sq Ft

116 Days on Market

Highlights

  • In Ground Pool
  • 0.46 Acre Lot
  • No HOA
  • Fishing
  • Community Lake
  • Hiking Trails

About This Home

As of October 2023

Historic Crest Lodge consists of (12) Cabins surrounded by a secure and private block wall and electric gate. On-site amenities include a gazebo, swimming pool, playground, laundry room, and BBQs. Conveniently located just off Hwy 138 and one mile from Lake Gregory Reginal Park.

Last Agent to Sell the Property

Lisa Skatvold

RE/MAX TOP PRODUCERS License #02080574 Listed on: 06/01/2023

RE/MAX TOP PRODUCERS

Last Buyer's Agent

Lisa Skatvold

RE/MAX TOP PRODUCERS License #02080574 Listed on: 06/01/2023

RE/MAX TOP PRODUCERS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 0.46 Acre Lot
  • Two or More Common Walls
  • Density is 11-15 Units/Acre
  • 0338052420000, 0338052370000, 0338052220000

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 14 Bedrooms
  • 5,401 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Parking

  • Parking Available
  • Assigned Parking

Pool

  • In Ground Pool

Listing and Financial Details

  • Tax Lot 430
  • Tax Tract Number 1787
  • Assessor Parcel Number 0338052430000
  • $1,005 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 8 Buildings
  • 12 Units
  • Crestline Subdivision
  • Community Lake

Recreation

  • Fishing
  • Hiking Trails
  • Bike Trail

Building Details

  • Rent Control
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 4 Separate Water Meters
  • Operating Expense $87,571
  • Gross Income $161,880
  • Net Operating Income $74,309

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Crestline (CRES)
  • Zoning: CF/RM
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 0338052430000
  • Year Built: 1945
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 185.15

Exterior Features

  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Fishing, Hiking, Lake

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 0338052420000, 0338052370000, 0338052220000
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 20000.00
  • Lot Size Acres: 0.4591

Multi Family

  • Gross Income: 161880.00
  • Gross Scheduled Income: 161880.00
  • Lot Size Area: 20000.0000 Square Feet
  • Net Operating Income: 74309.32
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 12
  • Operating Expense: 87570.60
  • Rent Control: Yes
  • Total Expenses: 87570.68

Tax Info

  • Tax Census Tract: 108.05
  • Tax Lot: 430
  • Tax Tract Number: 1787
  • TaxOtherAnnualAssessmentAmount: 1005.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2002
Sold by
Lueras Edward L and Lueras Carol A
Bought by
Multimedia Cinema Services Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.88%
Mortgage Type
Commercial
Source: Public Records
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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
Multimedia Cinema Services Inc $500,000 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Multimedia Cinema Services Inc $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2023 10/23/23 Sold $1,000,000 -33.3% $185 / Sq Ft
09/25/2023 09/25/23 Pending -- -- --
09/05/2023 09/05/23 Price Changed $1,500,000 -6.3% $278 / Sq Ft
07/28/2023 07/28/23 Price Changed $1,600,000 -11.1% $296 / Sq Ft
06/01/2023 06/01/23 For Sale $1,800,000 -- $333 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,968 $563,040 $83,640 $479,400
2024 $6,711 $552,000 $82,000 $470,000
2023 $5,400 $448,261 $111,371 $336,890
2022 $5,400 $439,471 $109,187 $330,284
2021 $5,334 $430,854 $107,046 $323,808
2020 $5,329 $426,436 $105,948 $320,488
2019 $5,192 $418,075 $103,871 $314,204
2018 $5,230 $409,877 $101,834 $308,043
2017 $5,138 $401,840 $99,837 $302,003
2016 $4,985 $393,960 $97,879 $296,081
2015 $4,556 $388,043 $96,409 $291,634
2014 $4,478 $380,441 $94,520 $285,921
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV23096525

California Regional Multiple Listing Service (CRMLS)

APN: 0338-052-43