NOT LISTED FOR SALE

5312 Spear Point Weed, CA 96094

3 Beds
3 Baths
1,850 Sq Ft
2,614 Sq Ft Lot

Last Sold March 09, 2020

Last sale price $126,500 $68 Per Sq Ft

54 Days on Market

Highlights

  • Golf Course Community
  • Community Lake
  • Community Pool
  • Fishing
  • End Unit
  • Hiking Trails

About This Home

As of March 2020

Attention Investors!!! Lakefront 3 unit condo facing the deep side of Lake Shastina! Extra privacy and decking due to end unit. Currently has great tenants, units are in good shape and rents of $900/$395/$395 more than service any loan. Large decks on both levels to enjoy the views and just a short walk down to the lake in the summer to kayak, swim or? The condos are located in Lake Shastina subdivison with 27 hole golf course, driving range, restaurant and pro shop. Only a 15 minute drive to Mt Shasta for hiking, skiing and additional golfing. The night sky with no light pollution in the area is jaw dropping! Power comes from Oregon, not PG & E!

Last Agent to Sell the Property

Georgia Ryan

John L Scott Siskiyou License #01340691 Listed on: 12/11/2019

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 2,614 Sq Ft Lot
  • End Unit
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre
  • Land Lease

Home Design

  • Property Attached
  • Planned Development

Interior Spaces

  • 1,850 Sq Ft Home
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Additional Features

  • Suburban Location
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 106450010

Community Details

Overview

  • 3 Units
  • Community Lake
  • Foothills

Recreation

  • Golf Course Community
  • Community Pool
  • Fishing
  • Park
  • Dog Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Water Meter
  • Electric Expense $163
  • Insurance Expense $500
  • Trash Expense $35
  • Water Sewer Expense $30
  • New Taxes Expense $1,290
  • Operating Expense $2,300
  • Gross Income $20,400
  • Net Operating Income $12,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 30.00
  • Property Type: Residential Income
  • Parcel Number: 106450010
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls, End Unit
  • Fireplace Features: Living Room
  • Price Per Square Foot: 68.38

Exterior Features

  • Pool Features: Association
  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer, Unknown
  • Trash Expense: 35.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Biking, Dog Park, Fishing, Foothills, Golf, Hiking, Lake, Park, Watersports, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2614.00
  • Lot Size Acres: 0.0600
  • Latitude Manual: 41.52700500

Multi Family

  • Electric Expense: 163.00
  • Gross Income: 20400.00
  • Gross Scheduled Income: 15000.00
  • Insurance Expense: 500.00
  • Lot Size Area: 2614.0000 Square Feet
  • Net Operating Income: 12000.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 150.00
  • Rent Control: No
  • Total Expenses: 2300.00

Tax Info

  • New Taxes Expense: 1290.00
  • Tax Census Tract: 9.00
  • Tax Lot: 8

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2020 03/09/20 Sold $126,500 -2.6% $68 / Sq Ft
02/03/2020 02/03/20 Pending -- -- --
01/28/2020 01/28/20 For Sale $129,900 0.0% $70 / Sq Ft
12/26/2019 12/26/19 Pending -- -- --
12/11/2019 12/11/19 For Sale $129,900 -- $70 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN19279638

California Regional Multiple Listing Service (CRMLS)