NOT LISTED FOR SALE

23508 Lake Dr Crestline, CA 92325

14 Beds
13 Baths
5,401 Sq Ft
0.46 Acres Lot

Sale Details

Date 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

  • 20,000 Sq Ft 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

0.46 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Multimedia Cinema Services Inc $500,000 Commonwealth Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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