Jennifer Sorum
Coldwell Banker Mendo Realty
(530) 537-0684
44 Total Sales
1 in Lucerne
$290,000 Price
6135 E Highway 20 Lucerne, CA 95458
Lucerne AreaEstimated Value: $521,992
7
Beds
7
Baths
3,500
Sq Ft
$149/Sq Ft
Est. Value
Highlights
- Lake Front
- 0.65 Acre Lot
- 4-minute walk to Lucerne Creek Park
- Docks
About This Home
As of December 20186135 East Highway 20 offers the opportunity to own a lakefront multifamily investment consisting of 6 units situated on a .65 acre lot. Excellent unit mix of three - 1 bedrooms, two - 2 bedrooms, and one – studio all individually metered for PGE. Property has been well maintained and offers many recent updates. Property features a seawall and a dock for easy lake access. All units offer slight rental upside.
Last Agent to Sell the Property
Alex Tannous, Broker License #01927778 Listed on: 07/12/2018
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1978
Lot Details
- 28,314 Sq Ft Lot
- Lake Front
- Home fronts a seawall
- Property fronts a highway
- No Common Walls
- Rural Setting
Interior Spaces
- 3,500 Sq Ft Home
- Lake Views
- Laundry in unit
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Bathrooms
Outdoor Features
- Docks
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, trash collection
- Assessor Parcel Number 0341110700
Community Details
Overview
- 6 Buildings
- 6 Units
Amenities
- Laundry Facilities
Building Details
- 6 Leased Units
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $2,004
- Maintenance Expense $1,200
- Water Sewer Expense $1,680
- New Taxes Expense $5,624
- Operating Expense $11,708
- Gross Income $47,100
- Net Operating Income $35,393
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
Jul 12, 2018
Closed on
Nov 28, 2018
Sold by
Bought by
Seller's Agent
Alex Tannous
Alex Tannous, Broker
Buyer's Agent
August Schmitt
August Schmitt Realty Solutions
List Price
$489,000
Sold Price
$420,000
Premium/Discount to List
-$69,000
-14.11%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,992
Avg. Annual Appreciation
2.88%
Original Mortgage
$220,000
Outstanding Balance
$189,966
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$332,026
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Lucerne, CA
-
Jennifer Sorum
-
Kathryn Evans
Kathryn Evans
Evans Realty
(707) 466-0797
47 Total Sales
2 in Lucerne
$325,000 Price Range
-
Juwan Rohan
Juwan Rohan
Twin Oaks Real Estate INC
(510) 880-4050
40 Total Sales
1 in Lucerne
$164,000 Price
-
Geraldine Ramirez
Geraldine Ramirez
Bay City Real Estate Group
(925) 396-9214
27 Total Sales
1 in Lucerne
$235,000 Price
-
Jenn Perez
Jenn Perez
Pivniska Real Estate Group
(707) 600-3404
35 Total Sales
4 in Lucerne
$180K - $214K Price Range
-
Jennifer Wall
Jennifer Wall
RE/MAX Gold Lake County
(707) 730-2751
125 Total Sales
2 in Lucerne
$33,000 Price Range
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 |
|---|---|---|---|
| $420,000 | First American 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 |
|---|---|---|---|
| Open | $220,000 |
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 |
|---|---|---|---|---|
| 12/04/2018 12/04/18 | Sold | $420,000 | -14.1% | $120 / Sq Ft |
| 07/12/2018 07/12/18 | For Sale | $489,000 | -- | $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 | $6,415 | $468,513 | $167,325 | $301,188 |
| 2024 | $5,300 | $459,328 | $164,045 | $295,283 |
| 2023 | $5,090 | $450,323 | $160,829 | $289,494 |
| 2022 | $5,045 | $441,494 | $157,676 | $283,818 |
| 2021 | $5,080 | $432,838 | $154,585 | $278,253 |
| 2020 | $4,797 | $428,400 | $153,000 | $275,400 |
| 2019 | $3,017 | $249,887 | $135,074 | $114,813 |
| 2018 | $2,830 | $244,988 | $132,426 | $112,562 |
| 2017 | $2,758 | $240,185 | $129,830 | $110,355 |
| 2016 | $2,742 | $235,477 | $127,285 | $108,192 |
| 2015 | -- | $231,941 | $125,374 | $106,567 |
| 2014 | -- | $227,399 | $122,919 | $104,480 |
Source: Public Records
Agents Affiliated with this Home
-
Alex Tannous
Seller's Agent in 2018
Alex Tannous
Alex Tannous, Broker
(707) 413-8233
8 Total Sales
-
August Schmitt
Buyer's Agent in 2018
August Schmitt
August Schmitt Realty Solutions
(707) 799-0443
331 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: LC18168400
APN: 034-111-070-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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