NOT LISTED FOR SALE

Estimated Value: $515,203 - $598,000

6 Beds
6 Baths
3,000 Sq Ft
$181/Sq Ft Est. Value

Sale Details

Date Sold: December 29, 2017

Last sale price $385,000 $128 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,431 / mo

186 Days on Market

Highlights

  • Fireplace in Kitchen
  • Neighborhood Views
  • Shed
  • No HOA
  • Laundry Room
  • Sliding Doors

About This Home

As of December 2017

MOTIVATED SELLER SAYS SELL! Room for improvement with additional income potential, rented under market value on two units. Well maintained and in a great location in Lakeport sits this tri-plex! Each have their own storage and carport area, with complex coin laundry and storage shed. Open floor plan on main level is the living, dining and kitchen with a 1/2 bath, upstairs is two large bedrooms, master has its own balcony with sitting area and a full bath. Very quiet units with good history of rents!

Last Agent to Sell the Property

Marsha Holder

Marsha Holder, Broker License #01456907 Listed on: 05/24/2017

Marsha Holder, Broker

Last Buyer's Agent

Cassie Pivniska

Pivniska Real Estate Group License #01443512

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 6,534 Sq Ft Lot
  • Two or More Common Walls
  • East Facing Home
  • Level Lot

Home Design

  • Triplex
  • Entry on the 1st floor
  • Turnkey
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Electric Range
  • Dishwasher
  • Formica Countertops
  • Fireplace in Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Upper Level Bedrooms
  • 6 Bathrooms

Parking

  • 3 Parking Spaces
  • 3 Carport Spaces

Outdoor Features

  • Shed
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Kitchen
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 0256110700

Community Details

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Water Meters
  • Insurance Expense $1,800
  • New Taxes Expense $4,500
  • Operating Expense $6,300
  • Gross Income $2,400
  • Net Operating Income $30,300

Additional Features

  • No Home Owners Association
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Paved
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 0256110700
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Formica Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Entry Level: 1
  • Fireplace Features: Dining Room, Kitchen, Living Room
  • Levels: Two
  • Price Per Square Foot: 128.33
  • Room Type: All Bedrooms Up, Master Bathroom, Master Bedroom
  • Window Features: Blinds

Exterior Features

  • Direction Faces: East
  • Other Structures: Shed(s)
  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Carport Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Electric: 220 Volts in Kitchen
  • Heating Type: Central, Electric
  • Laundry Features: Community, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 6534.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 2400.00
  • Gross Scheduled Income: 34200.00
  • Insurance Expense: 1800.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 2400.00
  • Net Operating Income: 30300.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 1
  • Number With Carpet: 3
  • Number With Dishwasher: 3
  • Number With Drapes: 3
  • Number With Patio: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 6300.00
  • Rent Control: No
  • Total Actual Rent: 2850.00
  • Total Expenses: 6300.00

Tax Info

  • New Taxes Expense: 4500.00
  • Tax Census Tract: 4.00

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2017
Closed on
Dec 20, 2017
Sold by
Bought by
Seller's Agent
Marsha Holder
Marsha Holder, Broker
Buyer's Agent
Cassie Pivniska
Pivniska Real Estate Group
List Price
$419,000
Sold Price
$385,000
Premium/Discount to List
-$34,000
-8.11%
Current Estimated Value
$542,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,051
Avg. Annual Appreciation
4.05%

Purchase Details

Closed on
Jul 31, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2005
Sold by
Bought by

Purchase Details

Closed on
Dec 7, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Lakeport, CA

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Purchase 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 Buyer Sale Price Title Company
$385,000 Fidelity National Title
-- Fidelity National Title Co
-- Accommodation
-- None Available
$376,000 Fidelity National Title
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $287,000
Previous Owner $282,000
Source: Public Records

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
12/29/2017 12/29/17 Sold $385,000 -1.0% $128 / Sq Ft
10/12/2017 10/12/17 Price Changed $389,000 -1.5% $130 / Sq Ft
09/28/2017 09/28/17 Price Changed $395,000 -1.0% $132 / Sq Ft
09/16/2017 09/16/17 Price Changed $399,000 -2.4% $133 / Sq Ft
08/30/2017 08/30/17 Price Changed $409,000 -2.4% $136 / Sq Ft
05/24/2017 05/24/17 For Sale $419,000 -- $140 / 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 $5,356 $438,060 $85,335 $352,725
2024 $5,226 $429,471 $83,662 $345,809
2023 $5,136 $421,051 $82,022 $339,029
2022 $5,052 $412,796 $80,414 $332,382
2021 $5,014 $404,703 $78,838 $325,865
2020 $4,857 $400,554 $78,030 $322,524
2019 $4,835 $392,700 $76,500 $316,200
2018 $4,512 $385,000 $75,000 $310,000
2017 $3,442 $285,000 $70,000 $215,000
2016 $3,423 $285,000 $70,000 $215,000
2015 $3,432 $285,000 $70,000 $215,000
2014 $3,246 $285,000 $70,000 $215,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LC17116077

California Regional Multiple Listing Service (CRMLS)

APN: 025-611-070-000

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