NOT LISTED FOR SALE

6283 E Highway 20 Lucerne, CA 95458

Estimated Value: $411,952 - $627,000

7 Beds
6 Baths
2,300 Sq Ft
$216/Sq Ft Est. Value

Last Sold July 01, 2021

Last sale price $450,000 $196 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,109/month

17 Days on Market

Highlights

  • Golf Course Community
  • Boat Slip
  • Lake View
  • Access To Lake
  • Fishing
  • Community Lake

About This Home

As of July 2021

Lakefront Investment Opportunity! Property includes both a four-plex and a double wide 3/2 manufactured home. Each apartment is one bedroom, one bath: two upstairs and two down. Upstairs units feature high beamed ceilings and skylights. The manufactured home includes beautiful waterfront wrap around deck…great for fishing, barbecues or enjoying the sun. Expansive seawall includes a boat launch. All units are rented. Plenty of parking, close to town and the Lucerne Promenade. Great income potential, picturesque setting, beautiful views and easy lake access: this property has it all!

Last Agent to Sell the Property

'Pi' Kimberly Stryker

Timothy Toye and Associates License #02052594 Listed on: 05/26/2021

Last Buyer's Agent

Hannah Wright

Konocti Realty License #01943441

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,478

Year Built

  • Built in 1972

Lot Details

  • 0.28 Acre Lot
  • Two or More Common Walls
  • Wood Fence
  • Fence is in fair condition
  • Density is up to 1 Unit/Acre

Property Views

  • Lake
  • Neighborhood

Home Design

  • Quadruplex

Interior Spaces

  • 2,300 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Awning
  • Carpet
  • Electric Range

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Parking

  • Carport
  • Parking Available
  • Assigned Parking

Accessible Home Design

  • Accessible Parking

Outdoor Features

  • Access To Lake
  • Boat Slip

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 034191080000

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Community Lake
  • Near a National Forest
  • Foothills
  • Mountainous Community

Recreation

  • Golf Course Community
  • Fishing
  • Hunting
  • Park
  • Water Sports
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Building Details

  • 5 Separate Electric Meters
  • 1 Separate Water Meter
  • Gross Income $40,920
  • Net Operating Income $36,909

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,478

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: Yes
  • Zoning: CR
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 034191080000
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: High Ceilings
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Accessibility Features: Parking
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 195.65

Exterior Features

  • Exterior Features: Awning(s), Boat Slip
  • View: Lake, Neighborhood
  • Fence: Yes
  • Fencing: Fair Condition, Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Carport

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Electric Range
  • Heating Type: Baseboard, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Blm/National Forest, Fishing, Foothills, Golf, Hiking, Lake, Horse Trails, Park, Hunting, Watersports, Mountainous

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 12197.00
  • Lot Size Acres: 0.2800

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 40920.00
  • Gross Operating Income: 4011.00
  • Gross Scheduled Income: 40920.00
  • Lot Size Area: 12197.0000 Square Feet
  • Net Operating Income: 36909.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 4011.00
  • Rent Control: No
  • Waterfront Features: Lake

Tax Info

  • Tax Census Tract: 5.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2021
Closed on
Jun 25, 2021
Sold by
Jiang Ning
Bought by
Chao Daniel Ning and Liang Stephanie Xiao
Seller's Agent
'Pi' Kimberly Stryker
Timothy Toye and Associates
Buyer's Agent
Hannah Wright
Konocti Realty
List Price
$420,000
Sold Price
$450,000
Premium/Discount to List
$30,000
7.14%
Current Estimated Value
$497,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,738
Avg. Annual Appreciation
0.10%

Purchase Details

Closed on
Sep 28, 2006
Sold by
Wang Zhong
Bought by
Jiang Ning

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
6.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2006
Sold by
Goff Gary E and Goff Bobbi
Bought by
Jiang Ning

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
6.53%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Chao Daniel Ning $400,000 Fidelity Natl Ttl Co Of Ca
Jiang Ning -- First American Title Co
Jiang Ning $565,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jiang Ning $410,000
Previous Owner Richardson Dennis $14,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2021 07/01/21 Sold $450,000 +7.1% $196 / Sq Ft
05/26/2021 05/26/21 For Sale $420,000 -- $183 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,478 $477,543 $159,181 $318,362
2023 $5,259 $468,180 $156,060 $312,120
2022 $5,213 $459,000 $153,000 $306,000
2021 $2,937 $245,000 $165,000 $80,000
2020 $2,804 $245,000 $165,000 $80,000
2019 $2,938 $245,000 $165,000 $80,000
2018 $2,806 $245,000 $165,000 $80,000
2017 $2,785 $245,000 $165,000 $80,000
2016 $2,820 $245,000 $165,000 $80,000
2015 $2,816 $350,000 $165,000 $185,000
2014 $3,961 $350,000 $165,000 $185,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LC21109906

California Regional Multiple Listing Service (CRMLS)

APN: 034-191-080-000