Seller's Agent in 2015
Timothy Toye
Timothy Toye and Associates
(707) 928-5912
4 in this area
343 Total Sales
6014 E Highway 20 Lucerne, CA 95458
Estimated Value: $206,228
4
Beds
4
Baths
4,046
Sq Ft
$51/Sq Ft
Est. Value
Highlights
- Lake View
- Awning
- Wall Furnace
- No HOA
- Wood Siding
- 2-minute walk to Lucerne Alpine Park
About This Home
As of March 2015COMMERCIAL/RESIDENTIAL HWY 20 LANDMARK BUILDING 2 storefronts, 3 apartments, 4046 sf m/l, across the road from the lovely county lakefront park with fabulous lake views. Great business visibility to attract customers. All rented except for one unit. Seller finance on $40,000 down, 5%APR, $1757 month, 5 yrs. Returns $2,375 monthly for over 16% annual return, showing $1,064 positive cashflow exclusive of principal reduction. Amazing opportunity, even greater potential. Price includes $7,000 repair credit at closing.
Last Agent to Sell the Property
Timothy Toye and Associates License #01182874 Listed on: 03/10/2012
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1946
Lot Details
- 3,920
Parking
- 4 Parking Spaces
Home Design
- Cosmetic Repairs Needed
- Wood Siding
Interior Spaces
- 4,046 Sq Ft Home
- 2-Story Property
- Awning
- Lake Views
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Utilities
- Wall Furnace
Listing and Financial Details
- Tenant pays for electricity, trash collection
- Assessor Parcel Number 03406420
Community Details
Overview
- No Home Owners Association
- 5 Units
Building Details
- 3 Separate Electric Meters
- Insurance Expense $4,040
- Water Sewer Expense $3,190
- New Taxes Expense $4,179
- Gross Income $2,375
- Net Operating Income $14,241
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/30/2015 03/30/15 | Sold | $158,000 | -33.9% | $39 / Sq Ft |
| 10/23/2014 10/23/14 | Pending | -- | -- | -- |
| 03/10/2012 03/10/12 | For Sale | $239,000 | -- | $59 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $2,201 | $187,034 | $53,268 | $133,766 |
| 2024 | $2,194 | $183,368 | $52,224 | $131,144 |
| 2023 | $2,110 | $179,773 | $51,200 | $128,573 |
| 2022 | $2,093 | $176,249 | $50,197 | $126,052 |
| 2021 | $2,107 | $172,794 | $49,213 | $123,581 |
| 2020 | $2,104 | $171,023 | $48,709 | $122,314 |
| 2019 | $2,049 | $167,670 | $47,754 | $119,916 |
| 2018 | $2,028 | $164,383 | $46,818 | $117,565 |
| 2017 | $1,875 | $161,160 | $45,900 | $115,260 |
| 2016 | $1,943 | $158,000 | $45,000 | $113,000 |
| 2015 | $2,197 | $305,209 | $59,147 | $246,062 |
| 2014 | $4,715 | $299,231 | $57,989 | $241,242 |
Source: Public Records
Agents Affiliated with this Home
-
Timothy Toye
-
NoEmail NoEmail
N
Buyer's Agent in 2015
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
3 in this area
6,217 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: LC12035777
APN: 034-064-200-000
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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