NOT LISTED FOR SALE

3727 E State Hwy 20 Nice, CA 95464

Estimated Value: $169,000 - $235,000

2 Beds
1 Bath
1,075 Sq Ft
$192/Sq Ft Est. Value

Last Sold September 01, 2022

Last sale price $198,000 $184 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,340/month

36 Days on Market

Highlights

  • Fishing
  • Community Lake
  • Bonus Room
  • Mountain View
  • Wood Flooring
  • Cottage

About This Home

As of September 2022

Spectacular opportunity for Residential and Commercial use. Live in the house and run a business from the studio. Hwy frontage with good visibility. One block from the lake. Buyer to verify age, square footage and zoning.

Last Agent to Sell the Property

Ginabelle Smith

RE/MAX Gold Lake County License #01933522 Listed on: 05/30/2022

RE/MAX Gold Lake County

Last Buyer's Agent

Mandy Gonzalez

W Real Estate License #02107692

W Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 3,346 Sq Ft Lot
  • Property fronts a highway
  • No Common Walls
  • Rural Setting
  • Wood Fence
  • Chain Link Fence
  • Front Yard
  • Density is 2-5 Units/Acre
  • Zero Lot Line

Home Design

  • Cottage
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Slab Foundation
  • Rolled or Hot Mop Roof
  • Composition Roof
  • Wood Siding
  • Metal Siding

Interior Spaces

  • 2 Bedrooms
  • 1,075 Sq Ft Home
  • Ceiling Fan
  • Wood Frame Window
  • Living Room
  • Bonus Room
  • Mountain Views

Kitchen

  • Electric Range
  • Disposal

Flooring

  • Wood
  • Laminate

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Parking

  • 5 Open Parking Spaces
  • 6 Parking Spaces
  • 1 Carport Space
  • On-Street Parking

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available
  • Satellite Dish

Additional Features

  • Accessible Parking
  • Two Homes on a Lot

Listing and Financial Details

  • Tenant pays for cable TV, electricity, grounds care, telephone, trash collection
  • Tax Lot 45A
  • Assessor Parcel Number 032263090000
  • $1,381 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Community Lake
  • Foothills
  • Mountainous Community

Recreation

  • Fishing
  • Park
  • Water Sports
  • Bike Trail

Building Details

  • 2 Leased Units
  • 1 Separate Electric Meter
  • Electric Expense $540
  • Insurance Expense $675
  • Trash Expense $320
  • Water Sewer Expense $1,080
  • Operating Expense $2,615
  • Gross Income $1,700
  • Net Operating Income $1,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Attached: No
  • Road Frontage Type: Highway
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 1080.00
  • Zoning: C2
  • Architectural Style: Cottage
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 032263090000
  • Year Built: 1945
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Unfurnished
  • Common Walls: No Common Walls
  • Flooring: Laminate, Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 184.19
  • Room Type: Bonus Room, Kitchen, Living Room
  • Window Features: Wood Frames

Exterior Features

  • Foundation: Raised, Slab
  • Other Structures: Two On A Lot
  • Exterior Features: Satellite Dish
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Composition, Rolled/Hot Mop
  • Construction Materials: Metal Siding, Wood Siding

Garage/Parking

  • Carport Spaces: 1.00
  • Parking Features: Carport, Street
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 5.00

Utilities

  • Utilities: Electricity Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range, Disposal, Refrigerator
  • Heating Type: Ductless
  • Laundry Features: Electric Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 320.00
  • Water Source: Public
  • Cooling: Ductless
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Fishing, Foothills, Lake, Park, Watersports, Mountainous, Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Front Yard, Zero Lot Line
  • Lot Size Sq Ft: 3346.00
  • Lot Size Acres: 0.0768

Rental Info

  • Tenant Pays: Cable TV, Electricity, Grounds Care, Telephone, Trash Collection

Multi Family

  • Average Studio Area: 265 Square Feet
  • Electric Expense: 540.00
  • Gross Income: 1700.00
  • Gross Scheduled Income: 1700.00
  • Insurance Expense: 675.00
  • Lot Size Area: 3346.0000 Square Feet
  • Net Operating Income: 1700.00
  • Number Of Separate Electric Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 1038.00
  • Rent Control: No
  • Total Actual Rent: 1700.00
  • Total Expenses: 2615.00

Tax Info

  • Tax Census Tract: 5.02
  • Tax Lot: 45A
  • TaxOtherAnnualAssessmentAmount: 1381.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2022
Sold by
Norwood Gina Belle and Smith Ginabelle
Bought by
Smith Ginabelle and Smith James P
Current Estimated Value
$206,574

Purchase Details

Closed on
Mar 4, 2003
Sold by
Thompson Harold Dean
Bought by
Norwood Gina Belle and Smith James P

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
5.85%
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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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
Smith Ginabelle -- None Listed On Document
Norwood Gina Belle $85,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Norwood Gina Belle $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2022 09/01/22 Sold $198,000 -7.9% $184 / Sq Ft
06/28/2022 06/28/22 Price Changed $215,000 -4.4% $200 / Sq Ft
05/30/2022 05/30/22 For Sale $225,000 -- $209 / 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 $3,101 $205,999 $52,020 $153,979
2024 $2,802 $201,960 $51,000 $150,960
2023 $3,015 $198,000 $50,000 $148,000
2022 $1,412 $115,988 $47,759 $68,229
2021 $1,381 $113,715 $46,823 $66,892
2020 $1,316 $112,550 $46,343 $66,207
2019 $1,333 $110,344 $45,435 $64,909
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LC22115192

California Regional Multiple Listing Service (CRMLS)

APN: 032-263-090-000