NOT LISTED FOR SALE

394 17th St Lakeport, CA 95453

Estimated Value: $595,000 - $673,000

8 Beds
4 Baths
3,800 Sq Ft
$170/Sq Ft Est. Value

Last Sold September 17, 2018

Last sale price $525,000 $138 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,009/month

31 Days on Market

Highlights

  • Laundry Room
  • Landscaped
  • Central Heating and Cooling System
  • Clear Lake High School Rated A-

About This Home

As of September 2018

Turn Key fourplex in great neighborhood, close to schools, shopping, parks, and restaurants. Each unit is 2 bedroom 1 bath with 1 car garage. Units on Hartley St. were built in 1985. Units on 17th were built in 1960. Two units have concrete and gravel back yard and two units have small fenced back yard. Laundry hookups in garages of each unit. Units have new roofs, and outside paint. Units are very clean in great shape, and nicely landscaped. Great investment with long term tenants in three of the units. Square footage of each unit is approximately 1000 sq. ft. Has not been verified.

Last Agent to Sell the Property

Julie Taylor

Country Air Properties License #01433061 Listed on: 06/19/2018

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,432

Year Built

  • Built in 1960

Lot Details

  • 10,577 Sq Ft Lot
  • 1 Common Wall
  • Landscaped

Parking

  • 4 Car Garage

Home Design

  • 3,800 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 0261621800

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Water Meters
  • Insurance Expense $3,888
  • New Taxes Expense $5,250
  • Operating Expense $9,138
  • Gross Income $44,580
  • Net Operating Income $35,442

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,432

Year Built

Built in 1960

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 0261621800
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 138.16

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Electric
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 10577.00
  • Lot Size Acres: 0.2428

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average2 Bed Area: 1000 Square Feet
  • Gross Income: 44580.00
  • Gross Scheduled Income: 44580.00
  • Insurance Expense: 3888.00
  • Lot Size Area: 10577.0000 Square Feet
  • Net Operating Income: 35442.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Dishwasher: 4
  • Number With Patio: 2
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 9138.00
  • Rent Control: No
  • Total Expenses: 9138.00

Tax Info

  • New Taxes Expense: 5250.00
  • Tax Census Tract: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2018
Closed on
Sep 12, 2018
Sold by
Huebner Pamela A
Bought by
Fresh Lake Properties Llc
Seller's Agent
Julie Taylor
Country Air Properties
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$525,000
Sold Price
$525,000
Current Estimated Value
$647,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,519
Avg. Annual Appreciation
2.99%
Original Mortgage
$400,000
Outstanding Balance
$348,142
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$299,377

Purchase Details

Closed on
Feb 3, 2011
Sold by
Huebner Pamela A
Bought by
Huebner Pamela A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Fresh Lake Properties Llc $525,000 Redwood Empire Title Co Of M
Huebner Pamela A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fresh Lake Properties Llc $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2018 09/17/18 Sold $525,000 0.0% $138 / Sq Ft
07/20/2018 07/20/18 Pending -- -- --
06/19/2018 06/19/18 For Sale $525,000 -- $138 / 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 $7,432 $585,643 $111,550 $474,093
2024 $7,247 $574,161 $109,363 $464,798
2023 $7,110 $562,904 $107,219 $455,685
2022 $6,979 $551,867 $105,117 $446,750
2021 $6,914 $541,047 $103,056 $437,991
2020 $6,706 $535,500 $102,000 $433,500
2019 $6,678 $525,000 $100,000 $425,000
2018 $2,093 $177,365 $17,300 $160,065
2017 $2,081 $173,888 $16,961 $156,927
2016 $2,013 $170,479 $16,629 $153,850
2015 -- $167,920 $16,380 $151,540
2014 $1,846 $164,632 $16,060 $148,572
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LC18146435

California Regional Multiple Listing Service (CRMLS)

APN: 026-162-180-000