NOT LISTED FOR SALE

422 10th St Lakeport, CA 95453

Estimated Value: $269,000 - $326,000

4 Beds
2 Baths
1,620 Sq Ft
$187/Sq Ft Est. Value

Last Sold July 27, 2015

Last sale price $172,000 $106 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,823/month

29 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • No HOA
  • Clear Lake High School Rated A-
  • Private Yard
  • Cooling System Mounted To A Wall/Window

About This Home

As of July 2015

Super Clean Downtown Duplex with refurbished interiors. Laminate wood flooring and newer kitchen and baths. Walking distance to lake front, shopping and public transportation.

Last Agent to Sell the Property

Michelle Romero

Century 21 Epic License #01296865 Listed on: 04/27/2015

Century 21 Epic

Last Buyer's Agent

Clint Hanks

RE/MAX GOLD License #01371736

RE/MAX GOLD

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,822

Year Built

  • Built in 1984

Lot Details

  • 6,534 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot
  • Level Lot
  • Private Yard

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 1,620 Sq Ft Home
  • 1-Story Property
  • Electric Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • 2 Carport Spaces

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • 220 Volts in Kitchen
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, trash collection, water
  • Assessor Parcel Number 0262610700

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Water Meters
  • Insurance Expense $975
  • Water Sewer Expense $340
  • New Taxes Expense $1,744
  • Gross Income $1,440
  • Net Operating Income $12,421

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,822

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Assessments: Yes
  • Inclusions: Wall A/C, refrigerator and range in each unit.
  • Property Attached: Yes
  • Water Sewer Expenses: 340.00
  • Property Type: Residential Income
  • Parcel Number: 0262610700
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl, Wood
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 106.17
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Electric Range, Refrigerator, Water Heater
  • Electric: 220 Volts in Kitchen
  • Heating Type: Baseboard
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Features: Level, Corner Lot, Yard
  • Lot Size Sq Ft: 6534.00
  • Price Per Lot Square Foot: 26.32
  • Lot Size Acres: 0.1500

Rental Info

  • Tenant Pays: Electricity, Trash Collection, Water

Multi Family

  • Gross Income: 1440.00
  • Gross Scheduled Income: 17280.00
  • Insurance Expense: 975.00
  • Lot Size Area: 6534.0000 Square Feet
  • Net Operating Income: 12421.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Rent Control: No

Tax Info

  • New Taxes Expense: 1744.00
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2015
Closed on
Sep 24, 2015
Sold by
Mckay Nora
Bought by
Mckay Nora C and Nora C Mckay Living Trust
Seller's Agent
Michelle Romero
Century 21 Epic
Buyer's Agent
Clint Hanks
RE/MAX GOLD
List Price
$179,900
Sold Price
$172,000
Premium/Discount to List
-$7,900
-4.39%
Current Estimated Value
$302,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,695
Avg. Annual Appreciation
5.66%

Purchase Details

Listed on
Apr 27, 2015
Closed on
Jul 22, 2015
Sold by
Madarazo George S and George S Madarazo Revocable Tr
Bought by
Mckay Nora
Seller's Agent
Michelle Romero
Century 21 Epic
Buyer's Agent
Clint Hanks
RE/MAX GOLD
List Price
$179,900
Sold Price
$172,000
Premium/Discount to List
-$7,900
-4.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$78,300
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$224,395

Purchase Details

Closed on
Oct 31, 2014
Sold by
Heath Ronald
Bought by
Heath Ronald and Ronald Health Revocable Living

Purchase Details

Closed on
Dec 3, 2013
Sold by
9 Power 9 Investments Inc
Bought by
Heath Ronald and Madarazo George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,250
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2012
Sold by
Deutsche Bank National Trust Company
Bought by
9 Power 9 Investments Inc

Purchase Details

Closed on
Nov 16, 2011
Sold by
Albanese Jerry
Bought by
Deutsche Bank National Trust Company
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
Mckay Nora C -- None Available
Mckay Nora $172,000 Fidelity National Title Co
Heath Ronald -- None Available
Madarazo George S -- None Available
Heath Ronald $147,000 Cornerstone Title Company
9 Power 9 Investments Inc $71,500 Servicelink
Deutsche Bank National Trust Company $107,222 Servicelink
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckay Nora $100,000
Previous Owner Heath Ronald $110,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2015 07/27/15 Sold $172,000 -4.4% $106 / Sq Ft
05/26/2015 05/26/15 Pending -- -- --
04/27/2015 04/27/15 For Sale $179,900 -- $111 / 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 $2,822 $203,605 $59,186 $144,419
2024 $2,754 $199,614 $58,026 $141,588
2023 $2,701 $195,701 $56,889 $138,812
2022 $2,649 $191,865 $55,774 $136,091
2021 $2,625 $188,104 $54,681 $133,423
2020 $2,552 $186,176 $54,121 $132,055
2019 $2,541 $182,526 $53,060 $129,466
2018 $2,204 $178,948 $52,020 $126,928
2017 $2,175 $175,440 $51,000 $124,440
2016 $2,118 $172,000 $50,000 $122,000
2015 -- $149,936 $40,799 $109,137
2014 $1,745 $147,000 $40,000 $107,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LC15088635

California Regional Multiple Listing Service (CRMLS)

APN: 026-261-070-000