NOT LISTED FOR SALE

4165 Mullen Ave Clearlake, CA 95422

Estimated Value: $383,573 - $483,000

5 Beds
6 Baths
3,297 Sq Ft
$130/Sq Ft Est. Value

Last Sold May 12, 2022

Last sale price $395,000 $120 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,689/month

69 Days on Market

Highlights

  • Downtown View
  • Cottage
  • Fenced Yard
  • Corner Lot
  • The community has rules related to allowing live work
  • 3-minute walk to Highlands Park

About This Home

As of May 2022

Great multi use, income property in up and coming ClearLake. 3 Units, one being used as an office, wheel chair assessable and 2 residential. Each unit has its own PGE meter and own backyard large enough for garden and entertaining. New paving out front, ample parking, walking distance to downtown and the waterfront of beautiful ClearLake. A large multi use lot comes with this property. Your future plans can become a reality with this one.

Last Agent to Sell the Property

Stacy Oftedal

Wine Valley Homes License #01778528 Listed on: 03/04/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,247

Year Built

  • Built in 1970

Lot Details

  • 0.33 Acre Lot
  • Fenced Yard
  • Corner Lot

Home Design

  • Triplex
  • Cottage
  • Mixed Use

Interior Spaces

  • 5 Bedrooms
  • 3,297 Sq Ft Home
  • 1-Story Property
  • Downtown Views

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 6 Parking Spaces
  • Open Parking
  • Off-Street Parking

Accessible Home Design

  • Accessible Parking

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 040-174-420-000

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • The community has rules related to allowing live work

Building Details

  • Gross Income $32,340

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,247

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: Triplex
  • Subtype Description: Live/Work, Mixed Use
  • Directions To Property: Lakeshore to Mullen Ave. On the corner of Palmer and Mullen Ave. Lot is on Palmer.
  • Lot Size Acres: 0.3300
  • Stories: 1
  • CapRate: 5.05
  • Signs: Yes
  • Actual or Scheduled: Scheduled
  • ArchitecturalStyle: Cottage
  • Number Commercial Units: 1
  • Special Features: None

Interior Features

  • Appliances: Varies By Unit
  • Accessibility Features: Parking, Varies By Unit
  • Flooring: Varies By Unit
  • Price Per Square Foot: 119.81
  • Square Footage: 3297.00
  • NumberOfBuildings: 3

Exterior Features

  • Lot Features: Corner
  • Property Condition: Varies By Unit
  • ExteriorFeatures: Fenced Yard, Yard Space
  • View: Downtown

Garage/Parking

  • Parking Features: Off Street, Open
  • Total Parking Spaces: 6.00

Utilities

  • Cooling: Varies By Unit
  • Security Features: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: City
  • Water Source: Public, Water District
  • Heating: Varies By Unit
  • Laundry Features: Varies By Unit
  • Separate Meters: Electricity

Lot Info

  • Assessor Parcel Number: 040-174-420-000
  • Lot Size Sq Ft: 14375.00

Rental Info

  • TenantPays: Cable TV, Electricity

Building Info

  • Year Built: 1970

Multi Family

  • Number Of2 Bedrooms Occupied: 1
  • Number of 2 Bedroom Units: 1
  • Number Of3 Bedrooms Occupied: 1
  • Number of 3 Bedroom Units: 1
  • Number of Studio Units: 1
  • NumberOfUnitsTotal: 3
  • Number Studios Occupied: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2016
Closed on
Apr 19, 2017
Sold by
Solorio Isset E
Bought by
Solorio Isset E and Solorio Ernesto A
Seller's Agent
Sinda Hanson
Hanson Properties
Buyer's Agent
Stacy Oftedal
Wine Valley Homes
List Price
$240,000
Sold Price
$240,000
Current Estimated Value
$428,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,191
Avg. Annual Appreciation
7.04%

Purchase Details

Closed on
Jul 26, 2014
Sold by
Polo Sam
Bought by
Polo Sam and The Sam Polo Living Trust
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
Solorio Isset E -- None Available
Polo Sam -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/12/2022 05/12/22 Sold $395,000 0.0% $120 / Sq Ft
03/04/2022 03/04/22 For Sale $395,000 +64.6% $120 / Sq Ft
04/25/2017 04/25/17 Sold $240,000 0.0% $73 / Sq Ft View Prior Sale
03/12/2017 03/12/17 Pending -- -- --
08/13/2016 08/13/16 For Sale $240,000 -- $73 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

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 $5,247 $419,176 $53,060 $366,116
2024 $5,182 $410,958 $52,020 $358,938
2023 $5,115 $402,900 $51,000 $351,900
2022 $3,153 $240,598 $49,212 $191,386
2021 $3,205 $235,882 $48,248 $187,634
2020 $3,058 $233,465 $47,754 $185,711
2019 $2,932 $228,888 $46,818 $182,070
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Stacy Oftedal

    Wine Valley Homes

    (707) 337-8502

    11 Total Sales

    Stacy Oftedal
    Section Image

  • S

    Seller's Agent in 2017

    Sinda Hanson

    Hanson Properties

    (707) 355-1009

    Sinda Hanson
    Section Image
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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 322016489

Bay Area Real Estate Information Services (BAREIS)

APN: 040-174-420-000

California Lake County Clearlake 95422

4165 Mullen Ave, Clearlake, CA

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Bay Area Real Estate Information Services (BAREIS) Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.

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