NOT LISTED FOR SALE

3978 Cedar Ave Clearlake, CA 95422

5 Beds
3 Baths
3,000 Sq Ft
0.41 Acre Lot

Sale Details

Date Sold: June 30, 2016

Last sale price $150,000 $50 Per Sq Ft

75 Days on Market

Highlights

  • Marina
  • Property is near public transit
  • Galley Kitchen
  • Lake View
  • Hunting
  • Cooling Available

About This Home

As of June 2016

What a great opportunity to own an income producing property with a great net income.. The duplex is two levels (1 unit upstairs and the other ground level) and each is 2 bedrooms and 1 bathroom. The third unit is a separate bungalow with 1 bedroom and 1 bath. These units are close to town and public transportation.

Last Agent to Sell the Property

Steven Shields

Realty World-David R Hughes & Associates License #01136838 Listed on: 02/18/2016

Realty World-David R Hughes & Associates

Last Buyer's Agent

Steven Shields

Realty World-David R Hughes & Associates License #01136838 Listed on: 02/18/2016

Realty World-David R Hughes & Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 17,954 Sq Ft Lot
  • 1 Common Wall
  • Back Yard

Property Views

  • Lake
  • Hills
  • Neighborhood

Home Design

  • Property Attached
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Tile Flooring

Kitchen

  • Galley Kitchen
  • Electric Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 3 Parking Spaces
  • Parking Available
  • Assigned Parking

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Cooling Available
  • Heating Available
  • 220 Volts in Kitchen
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 0394036500

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Foothills

Recreation

  • Marina
  • Hunting

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Water Meters
  • Trash Expense $1,000
  • Water Sewer Expense $500
  • Gross Income $2,100
  • Net Operating Income $23,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0.41 Acres

Listing Details

  • Inclusions: As is
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Unpaved
  • View: Yes
  • Water Sewer Expenses: 500.00
  • Property Type: Residential Income
  • Parcel Number: 0394036500
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 50.00
  • Room Type: Galley Kitchen, Living Room

Exterior Features

  • Foundation: Slab
  • View: Hills, Lake, Neighborhood
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Concrete, Stucco, Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Appliances: Electric Oven, Electric Cooktop, Electric Water Heater
  • Electric: 220 Volts in Kitchen, Electricity - On Property
  • Heating Type: Electric
  • Trash Expense: 1000.00
  • Water Source: Public
  • Cooling: Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Foothills, Hunting, Suburban

Lot Info

  • Lot Features: Back Yard, Lot 10000-19999 Sqft, Near Public Transit
  • Lot Size Sq Ft: 17954.00
  • Price Per Lot Square Foot: 8.35
  • Lot Size Acres: 0.4120

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Gross Income: 2100.00
  • Gross Scheduled Income: 25200.00
  • Lot Size Area: 17954.0000 Square Feet
  • Net Operating Income: 23700.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Operating Expense: 1500.00
  • Rent Control: No
  • Waterfront Features: Marina in Community
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Property 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 Event Price List to Sale Price per Sq Ft
06/30/2016 06/30/16 Sold $150,000 -21.1% $50 / Sq Ft
05/03/2016 05/03/16 Pending -- -- --
02/18/2016 02/18/16 For Sale $190,000 -- $63 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax 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.

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 $2,240 $177,564 $17,755 $159,809
2024 $2,215 $174,083 $17,407 $156,676
2023 $2,189 $170,670 $17,066 $153,604
2022 $2,083 $167,325 $16,732 $150,593
2021 $2,132 $164,045 $16,404 $147,641
2020 $2,121 $162,364 $16,236 $146,128
2019 $2,036 $159,181 $15,918 $143,263
2018 $2,036 $156,060 $15,606 $140,454
2017 $1,707 $132,000 $15,000 $117,000
2016 $1,666 $132,000 $15,000 $117,000
2015 $1,661 $132,000 $15,000 $117,000
2014 $1,659 $132,000 $15,000 $117,000
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LC16033719

California Regional Multiple Listing Service (CRMLS)

APN: 039-403-65

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