NOT LISTED FOR SALE

3927 Cedar Ave Clearlake, CA 95422

Estimated Value: $141,000 - $197,000

4 Beds
3 Baths
1,320 Sq Ft
$128/Sq Ft Est. Value

Last Sold December 13, 2024

Last sale price $185,000 $140 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $906/month

3 Days on Market

Highlights

  • Fishing
  • Main Floor Bedroom
  • Hiking Trails
  • View of Hills
  • No HOA
  • Front Porch

About This Home

As of December 2024

Discover the potential of 3917,3907,3927 Cedar Ave, Clearlake, CA, a unique property offering exceptional investment opportunities. This new listing features two mobile homes situated on three separate parcels, presenting an immediate source of rental income. Both homes are currently leased, providing financial returns right from the start. In addition to the existing structures, the third parcel of land is ready for development, opening avenues for further income through additional residential units or other ventures. All parcels are fully fenced, enhancing privacy and security for tenants and potential developments. Set in a serene neighborhood of Clearlake, the property lies conveniently near essential amenities and recreational spots. Just a short drive away, find Foods Etc for your grocery needs or enjoy a family outing at Redbud Park, both enhancing everyday living comfort. Educational pursuits are supported by proximity to Clearlake Creativity School/Clearlake Education Center, affording educational opportunities within an easy commute. The seller offers financing options, making this investment even more accessible. Whether you’re looking to expand your real estate portfolio or step into the rental market, 3917 Cedar Ave represents a remarkable chance to seize a versatile property with multiple streams of potential revenue. Don’t miss out on this distinctive investment opportunity in the growing community of Clearlake, where income and development prospects await.

Last Agent to Sell the Property

Sarah Duschka

RE/MAX Gold Lake County Brokerage Phone: 707-533-6390 License #02150007 Listed on: 11/09/2024

RE/MAX Gold Lake County

Co-Listed By

Candelaria Alanis

RE/MAX Gold Lake County Brokerage Phone: 707-533-6390 License #02156927

RE/MAX Gold Lake County

Last Buyer's Agent

Candelaria Alanis

RE/MAX Gold Lake County Brokerage Phone: 707-533-6390 License #02156927

RE/MAX Gold Lake County

Property Details

Home Type

  • Manufactured Home With Land

Year Built

  • Built in 1972

Lot Details

  • 4,792 Sq Ft Lot
  • No Common Walls
  • Rural Setting
  • Chain Link Fence
  • Level Lot
  • Front Yard
  • Density is up to 1 Unit/Acre
  • 039-402-410-000, 039-402-480-000

Property Views

  • Hills
  • Neighborhood

Home Design

  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 1,320 Sq Ft Home
  • 1-Story Property

Kitchen

  • Propane Oven
  • Propane Cooktop

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Parking

  • 5 Open Parking Spaces
  • 7 Parking Spaces
  • 2 Detached Carport Spaces
  • Parking Available
  • Driveway

Outdoor Features

  • Patio
  • Front Porch

Schools

  • Lower Lake High School

Utilities

  • No Heating
  • Propane

Listing and Financial Details

  • Legal Lot and Block 31,32 / 2
  • Assessor Parcel Number 039402410000
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Foothills

Recreation

  • Fishing
  • Water Sports
  • Hiking Trails

Property Details

Home Type

Manufactured Home With Land

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Structure Type: Manufactured House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Manufactured On Land
  • Property Type: Residential
  • Parcel Number: 039402410000
  • Year Built: 1972
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1320.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 140.15
  • Room Type: All Bedrooms Down, Main Floor Bedroom
  • Bathroom Features: Bathtub, Shower, Shower In Tub

Exterior Features

  • Patio: Yes
  • View: Hills, Neighborhood
  • Fence: Yes
  • Fencing: Chain Link
  • Patio And Porch Features: Front Porch
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport, Detached Carport, Driveway
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 5.00

Utilities

  • Utilities: Electricity Connected, Propane, Sewer Connected, Water Connected
  • Heating: No
  • Laundry: No
  • Appliances: Propane Oven, Propane Cooktop, Refrigerator
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Fishing, Foothills, Hiking, Watersports, Rural

Schools

  • High School: Lower Lake
  • High School2: LOWLAK

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 039-402-410-000, 039-402-480-000
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Level with Street
  • Lot Size Sq Ft: 4792.00
  • Lot Size Acres: 0.1100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4792.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 7.02
  • Tax Lot: 31,32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2024
Closed on
Dec 4, 2024
Sold by
Hezrizen Investments Llc
Bought by
Gillis Matthew and Gillis Jodi
Seller's Agent
Sarah Duschka
RE/MAX Gold Lake County
Buyer's Agent
Candelaria Alanis
RE/MAX Gold Lake County
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%
Views
10
Current Estimated Value
$169,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,000
Avg. Annual Appreciation
-8.33%

Purchase Details

Listed on
Jan 19, 2024
Closed on
Apr 8, 2024
Sold by
R Fischer Family Trust and Fischer Robert E
Bought by
Hezrizen Investments Llc
Seller's Agent
Anne Mary Skeen
Country Air Properties
Buyer's Agent
Sarah Duschka
RE/MAX Gold Lake County
List Price
$149,999
Sold Price
$115,000
Premium/Discount to List
-$34,999
-23.33%
Views
58

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
103.32%
Original Mortgage
$40,000
Interest Rate
6.94%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 14, 2004
Sold by
Shields Agnes
Bought by
Fischer Robert E
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
Gillis Matthew $50,000 First American Title
Gillis Matthew $50,000 First American Title
Hezrizen Investments Llc $39,000 Fidelity National Title
Fischer Robert E $50,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hezrizen Investments Llc $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/13/2024 12/13/24 Sold $185,000 -7.5% $140 / Sq Ft
11/12/2024 11/12/24 Pending -- -- --
11/09/2024 11/09/24 For Sale $199,900 +73.8% $151 / Sq Ft
04/11/2024 04/11/24 Sold $115,000 -8.0% $87 / Sq Ft View Prior Sale
03/19/2024 03/19/24 Price Changed $125,000 -16.7% $95 / Sq Ft
01/19/2024 01/19/24 For Sale $149,999 -- $114 / 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 $255 $15,000 $15,000 --
2024 $198 $10,000 $10,000 --
2023 $198 $10,000 $10,000 $0
2022 $191 $10,000 $10,000 $0
2021 $194 $10,000 $10,000 $0
2020 $194 $10,000 $10,000 $0
2019 $190 $10,000 $10,000 $0
2018 $192 $10,000 $10,000 $0
2017 $187 $10,000 $10,000 $0
2016 $164 $10,000 $10,000 $0
2015 $164 $10,000 $10,000 $0
2014 $164 $12,000 $12,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LC24230919

California Regional Multiple Listing Service (CRMLS)

APN: 039-402-410-000