NOT LISTED FOR SALE

420 Konocti Ave Lakeport, CA 95453

Estimated Value: $215,000 - $292,000

2 Beds
1 Bath
862 Sq Ft
$285/Sq Ft Est. Value

Last Sold November 20, 2015

Last sale price $128,000 $148 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $1,523/month

Highlights

  • All Bedrooms Downstairs
  • Fireplace in Bathroom
  • No HOA
  • Clear Lake High School Rated A-
  • Traditional Architecture
  • Laundry Room

About This Home

As of November 2015

One of half a dozen duplexes along Konocti Ave, just off Main Street / Lakeport Blvd and close to virtually EVERYTHING that is Lakeport. Walking distance to groceries, auto parts, furnishings, auto sales & service, bowling alley, and two blocks from shores of Clear Lake. Each of two identical units of approximately 862 square feet (1,724 total) & each with their own one car garage & private yard. Public utilities (wtr,swr,cable,elec) with vendor propane available. These structurally sound units are fully occupied and hardly ever NOT occupied. Owner says some cosmetic work needed, and a roof sometime soon, but has reflected condition in the very fairly priced offering. This is a short sale, so please allow plenty of time to get through escrow, but it's worth it!

Last Agent to Sell the Property

Douglas Kues

Boss Real Estate & General Appraisal License #00366027 Listed on: 02/19/2015

Last Buyer's Agent

Jacqueline Kues

Boss Real Estate & General Appraisal License #01028841

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,655

Year Built

  • Built in 1974

Lot Details

  • 6,477 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Chain Link Fence
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Property Attached
  • Fire Rated Drywall
  • Composition Roof
  • Stucco

Interior Spaces

  • 862 Sq Ft Home
  • Living Room with Fireplace

Kitchen

  • Electric Range
  • Formica Countertops
  • Fireplace in Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 1 Bathroom
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Accessible Home Design

  • Doors are 32 inches wide or more
  • More Than Two Accessible Exits
  • Accessible Parking

Utilities

  • Zoned Cooling
  • Wall Furnace
  • 220 Volts in Garage
  • Water Heater
  • Phone Connected

Additional Features

  • Fireplace in Patio
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 0256210100

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Water Meters
  • Fuel Expense $999
  • Insurance Expense $999
  • Trash Expense $999
  • Water Sewer Expense $999
  • New Taxes Expense $1,071
  • Operating Expense $9,999
  • Gross Income $1,600
  • Net Operating Income $14,208

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,655

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Inclusions: Appliances and personal property on the premises NOT under current occupant ownership - list to be provided upon request
  • Property Attached: Yes
  • Water Sewer Expenses: 999.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 0256210100
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Formica Counters
  • Entry Location: Ground Level With Steps
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Accessibility Features: 2+ Access Exits, 32 Inch Or More Wide Doors, Parking
  • Appliances: Yes
  • Fireplace Features: Bath, Kitchen, Living Room, Patio
  • Levels: One
  • Price Per Square Foot: 148.49
  • Room Type: All Bedrooms Down, Living Room

Exterior Features

  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Phone Available, Phone Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range, Water Heater
  • Electric: 220 Volts in Garage
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Trash Expense: 999.00
  • Water Source: Public
  • Cooling: Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard, 0-1 Unit/Acre, Front Yard
  • Lot Size Sq Ft: 6477.00
  • Price Per Lot Square Foot: 19.76
  • Lot Size Acres: 0.1490

Multi Family

  • Fuel Expense: 999.00
  • Gross Income: 1600.00
  • Gross Scheduled Income: 19200.00
  • Insurance Expense: 999.00
  • Lot Size Area: 6477.0000 Square Feet
  • Net Operating Income: 14208.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Range: 2
  • Operating Expense: 4992.00
  • Operating Expense Percent: 26.00
  • Rent Control: No
  • Total Expenses: 9999.00

Tax Info

  • New Taxes Expense: 1071.00
  • Taxes Percent: 1.02
  • Tax Annual Amount: 1655.00
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2018
Sold by
Tannous Alex D and Tannous Issa Y
Bought by
Costa Tannous Issa Y and Costa Tannous
Current Estimated Value
$246,081

Purchase Details

Closed on
Jan 27, 2016
Sold by
Tannous Costa and Tannous Julia
Bought by
Tannous Alex C and Tannous Issa Y

Purchase Details

Listed on
Feb 19, 2015
Closed on
Nov 5, 2015
Sold by
Vasquez Constantino and Vasquez Claudia
Bought by
Tannous Costa and Tannous Julia
Seller's Agent
Douglas Kues
Boss Real Estate & General Appraisal
Buyer's Agent
Jacqueline Kues
Boss Real Estate & General Appraisal
List Price
$105,000
Sold Price
$128,000
Premium/Discount to List
$23,000
21.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.66%
Source: Public Records

Range of Values:

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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
Costa Tannous Issa Y -- None Available
Tannous Alex C -- First American Title Company
Tannous Costa $128,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vasquez Constantino $164,302
Previous Owner Vasquez Constantino $170,500
Previous Owner Vasquez Constantino $167,000
Previous Owner Vasquez Constantino $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2015 11/20/15 Sold $128,000 +21.9% $148 / Sq Ft
02/19/2015 02/19/15 Pending -- -- --
02/19/2015 02/19/15 For Sale $105,000 -- $122 / 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
2024 $2,186 $148,549 $52,224 $96,325
2023 $2,142 $145,637 $51,200 $94,437
2022 $2,098 $142,783 $50,197 $92,586
2021 $2,078 $139,984 $49,213 $90,771
2020 $2,023 $138,550 $48,709 $89,841
2019 $2,015 $135,834 $47,754 $88,080
2018 $1,679 $133,171 $46,818 $86,353
2017 $1,668 $130,560 $45,900 $84,660
2016 $1,622 $143,500 $37,432 $106,068
2015 $1,777 $141,345 $36,870 $104,475
2014 $1,655 $138,577 $36,148 $102,429
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LC15036071

California Regional Multiple Listing Service (CRMLS)

APN: 025-621-010-000