NOT LISTED FOR SALE

501 N Forbes St Lakeport, CA 95453

Estimated Value: $270,000 - $354,000

3 Beds
1.5 Baths
1,352 Sq Ft
$221/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $210,000 $155 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,810/month

131 Days on Market

Highlights

  • 1 Fireplace
  • Corner Lot
  • Front Porch
  • Clear Lake High School Rated A-
  • Walk-In Pantry
  • 4-minute walk to County of Lake-Parks & Recreation-County? Add to Favorites

About This Home

As of August 2023

Lakeport downtown fixer upper! Who loves HGTV and wants a chance to exercise your own vision & sweat equity to finish transforming this already adorable 3bd/1.5 ba home into the charming cottage-style home it can be?!? With an excellent location just a block from downtown restaurants & shops, and set on a large corner lot, this home has so much potential! Inside discover high ceilings, a formal entry, and ample living room with freestanding pellet stove. The kitchen has already been partially updated with newer cherry cabinets and a large island, plus a spacious pantry for added storage. The primary bedroom is a comfortable size and offers a big walk-in closet. There are two additional bedrooms, a full bathroom, and a laundry room/half bathroom. One room has already been freshly painted and gives you a sneak peek into what the whole home could look like! This could be a great spot for a vacation rental and/or year round residence. You can see the lake from the sidewalk in front of the home! There is plenty of parking, with added space for your boat or RV. Some roofing, electrical & plumbing upgrades have been done within the last 10-15 years. Bring your tools & vision & come and finish the remaining projects and create the home you have always desired!!

Last Agent to Sell the Property

Shannon Williams

RE/MAX Gold License #01705168 Listed on: 03/29/2023

RE/MAX Gold

Last Buyer's Agent

Non-Member 999999

Non-member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,582

Year Built

  • Built in 1935

Lot Details

  • 6,612 Sq Ft Lot
  • Corner Lot

Home Design

  • Fixer Upper
  • Composition Roof

Interior Spaces

  • 1,352 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Living Room
  • Stacked Washer and Dryer

Kitchen

  • Walk-In Pantry
  • Free-Standing Electric Range
  • Dishwasher
  • Kitchen Island
  • Laminate Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • Bathtub with Shower

Parking

  • 4 Parking Spaces
  • No Garage
  • Unpaved Driveway

Outdoor Features

  • Front Porch

Utilities

  • Evaporated cooling system
  • Window Unit Cooling System
  • Pellet Stove burns compressed wood to generate heat
  • 220 Volts in Kitchen
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 025-371-140-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,582

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached
  • Directions To Property: From HWY 29 North take the 11th St exit, turn left onto 11th St, then right onto N. Forbes. Property will be on the right.
  • Lot Size Acres: 0.1518
  • Stories: 1
  • Levels: One
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Free Standing Electric Range
  • Number Of Fireplaces: 1
  • Bedrooms: 3
  • Master Bedroom Features: Ground Floor, Walk-In Closet
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Dining Room Features: Space in Kitchen
  • Flooring: Other, See Remarks
  • Price Per Square Foot: 155.33
  • Square Footage: 1352.00
  • Bathroom Features: Tub w/Shower Over
  • Bathrooms: 2
  • Fireplace Features: Pellet Stove
  • Kitchen Features: Island, Island w/Sink, Laminate Counter, Pantry Closet
  • Room Type: Kitchen, Living Room, Primary Bedroom
  • Main Level: Bedroom(s), Full Bath(s), Kitchen, Living Room, Primary Bedroom, Partial Bath(s)

Exterior Features

  • Lot Features: Corner, Curb(s), Street Lights
  • Property Condition: Fixer
  • Roof: Composition
  • Patio And Porch Features: Front Porch
  • View: Other

Garage/Parking

  • Parking Features: No Garage, RV Possible
  • Total Parking Spaces: 4.00
  • Driveway/Sidewalks: Paved Sidewalk, Unpaved

Utilities

  • Cooling: Ceiling Fan(s), Evaporative Cooler, Window Unit(s)
  • Electric: 220 Volts in Kitchen
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electric
  • Water Source: Public
  • Heating: Pellet Stove
  • Laundry Features: Inside Area, Washer/Dryer Stacked Included

Lot Info

  • Assessor Parcel Number: 025-371-140-000
  • Lot Size Sq Ft: 6612.00

Building Info

  • Year Built: 1935

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2023
Closed on
Aug 7, 2023
Sold by
Crites Kimberly
Bought by
Sanchez Nallely
Seller's Agent
Shannon Williams
RE/MAX Gold
Buyer's Agent
Non-Member 999999
Non-member Office
List Price
$260,000
Sold Price
$210,000
Premium/Discount to List
-$50,000
-19.23%
Views
303
Current Estimated Value
$299,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,385
Avg. Annual Appreciation
13.85%
Original Mortgage
$199,500
Outstanding Balance
$195,847
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$79,892

Purchase Details

Closed on
Nov 5, 2009
Sold by
Oravec Doris J
Bought by
Sheeks Crites Kimberly and Sheeks Crites Iii Robert

Purchase Details

Closed on
Mar 16, 2009
Sold by
Oravec Doris J
Bought by
Oravec Doris J
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
Sanchez Nallely $210,000 First American Title
Sheeks Crites Kimberly $70,000 Fidelity Natl Title Co Of Ca
Oravec Doris J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Nallely $199,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2023 08/11/23 Sold $210,000 0.0% $155 / Sq Ft
08/11/2023 08/11/23 Sold $210,000 -11.8% $155 / Sq Ft
07/03/2023 07/03/23 Price Changed $238,000 0.0% $176 / Sq Ft
07/03/2023 07/03/23 Price Changed $238,000 -4.8% $176 / Sq Ft
04/28/2023 04/28/23 Price Changed $249,900 0.0% $185 / Sq Ft
04/28/2023 04/28/23 Price Changed $249,900 -3.9% $185 / Sq Ft
03/29/2023 03/29/23 For Sale $260,000 0.0% $192 / Sq Ft
03/13/2023 03/13/23 For Sale $260,000 -- $192 / 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
2024 $2,582 $210,000 $60,000 $150,000
2023 $1,415 $105,446 $86,842 $18,604
2022 $1,434 $103,380 $85,140 $18,240
2021 $1,375 $101,354 $83,471 $17,883
2020 $1,336 $100,316 $82,616 $17,700
2019 $1,346 $98,350 $80,997 $17,353
2018 $1,171 $96,422 $79,409 $17,013
2017 $1,164 $94,532 $77,852 $16,680
2016 $1,125 $92,679 $76,326 $16,353
2015 $1,113 $91,288 $75,180 $16,108
2014 $1,034 $89,501 $73,708 $15,793
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 323018537

Bay Area Real Estate Information Services (BAREIS)

APN: 025-371-140-000