NOT LISTED FOR SALE

6520 E Highway 20 Lucerne, CA 95458

Estimated Value: $745,000

8 Beds
1 Bath
3,745 Sq Ft
$199/Sq Ft Est. Value

Last Sold October 11, 2017

Last sale price $419,000 $112 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $4,342/month

213 Days on Market

Highlights

  • Lake View
  • Engineered Wood Flooring
  • 1 Car Garage
  • 0.75 Acre Lot

About This Home

As of October 2017

6 lake view units, a triplex, a duplex and a 3 bedroom home with views of the lake, all units have been remodeled and have been freshly painted on the outside, included is a 2nd parcel on lake front. This is a 3/4 acree property with second tier with 2 car garage, a well and multiple RV hookups and lots of potential.

Last Agent to Sell the Property

Andy Wiese

Andy Wiese Real Estate License #01433414 Listed on: 03/03/2017

Last Buyer's Agent

Carlos Cervera

Blue Sky Realty & Investments License #00631976

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.75 Acre Lot

Parking

  • 1 Car Garage
  • Uncovered Parking

Home Design

  • Concrete Foundation
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 3,745 Sq Ft Home
  • Lake Views
  • Fire and Smoke Detector

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • Heating System Uses Propane
  • Individual Gas Meter
  • TV Antenna

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 034-242-31-00

Community Details

Overview

  • 4 Buildings
  • 6 Units

Building Details

  • Gross Income $57,600

Property Details

Home Type

Multi-Family

Lot Details

0

Parking

1

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Directions To Property: Corner of Country Club Drive and Highway 20
  • Lot Size Acres: 0.7500
  • CapRate: 9.26
  • Signs: Yes
  • Year Built Details: Unknown
  • Actual or Scheduled: Scheduled
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Carpet, LVYN, Simulated Wood, Tile
  • Price Per Square Foot: 111.88
  • Square Footage: 3745
  • NumberOfBuildings: 4

Exterior Features

  • Foundation: Concrete Perimeter, Slab, Pillar/Post/Pier
  • Roof: Shingle
  • View: Lake

Garage/Parking

  • Parking Features: Garage, Uncovered
  • Garage Spaces: 1
  • Number Of Guest Spaces: 5

Utilities

  • Cooling: Window Unit(s)
  • Security Features: Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Dish Antenna, PGEE, PROP
  • Water Source: Public
  • Heating: Propane, Wall Furnace
  • Laundry Features: NONE
  • Separate Meters: Electricity, Gas

Lot Info

  • Assessor Parcel Number: 034-242-31-00
  • Lot Size Sq Ft: 32670

Rental Info

  • TenantPays: Electricity, Gas

Multi Family

  • One Bedroom Annual Occupancy: 100
  • 1 Bedroom Rent Range: $600 - $800
  • Three Bedroom Annual Occupancy: 100
  • Three Bedroom Rent Range: $1250
  • Number Of1 Bedrooms Occupied: 5
  • Number of 1 Bedroom Units: 5
  • Number Of3 Bedrooms Occupied: 1
  • Number of 3 Bedroom Units: 1
  • NumberOfUnitsTotal: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2024
Sold by
Antonio Gaspar-Chompa Revocable Trust
Bought by
Genesis Rental Properties Llc
Current Estimated Value
$745,000

Purchase Details

Closed on
Nov 30, 2023
Sold by
Gaspar Antonio
Bought by
Antonio Gaspar-Chompa Revocable Trust and Gaspar-Chompa

Purchase Details

Closed on
Apr 5, 2023
Sold by
Chompa Emilio Gaspar
Bought by
Gaspar Antonio

Purchase Details

Listed on
Mar 3, 2017
Closed on
Oct 5, 2017
Sold by
Degaspar Mayra Pineda
Bought by
Chompa Emilio Gaspar
Seller's Agent
Andy Wiese
Andy Wiese Real Estate
Buyer's Agent
Carlos Cervera
Blue Sky Realty & Investments
List Price
$419,000
Sold Price
$419,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.25%
Original Mortgage
$249,000
Interest Rate
3.82%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 3, 2017
Closed on
Sep 27, 2017
Sold by
Wiese Andy and Wiese Mary
Bought by
Chompa Emilio Gaspar
Seller's Agent
Andy Wiese
Andy Wiese Real Estate
Buyer's Agent
Carlos Cervera
Blue Sky Realty & Investments
List Price
$419,000
Sold Price
$419,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Interest Rate
3.82%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 18, 2013
Closed on
Jan 15, 2015
Sold by
Kennedy Jeanne C
Bought by
Beard George
Seller's Agent
Martin Levy
Inactive Office
Buyer's Agent
Andy Wiese
Andy Wiese Real Estate
List Price
$240,000
Sold Price
$240,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.55%

Purchase Details

Listed on
Nov 18, 2013
Closed on
Jan 14, 2015
Sold by
Bca Enterprises Llc
Bought by
Wiese Andy and Wiese Mary
Seller's Agent
Martin Levy
Inactive Office
Buyer's Agent
Andy Wiese
Andy Wiese Real Estate
List Price
$240,000
Sold Price
$240,000
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Genesis Rental Properties Llc -- None Listed On Document
Antonio Gaspar-Chompa Revocable Trust -- None Listed On Document
Gaspar Antonio -- None Listed On Document
Chompa Emilio Gaspar -- First American Title Company
Chompa Emilio Gaspar $419,000 First American Title Company
Beard George -- First American Title Company
Wiese Andy $240,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chompa Emilio Gaspar $249,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/11/2017 10/11/17 Sold $419,000 0.0% $112 / Sq Ft
10/02/2017 10/02/17 Pending -- -- --
03/03/2017 03/03/17 For Sale $419,000 +74.6% $112 / Sq Ft
01/16/2015 01/16/15 Sold $240,000 0.0% $64 / Sq Ft View Prior Sale
01/16/2015 01/16/15 Pending -- -- --
11/18/2013 11/18/13 For Sale $240,000 -- $64 / 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
2025 $5,257 $465,366 $73,956 $391,410
2024 $5,241 $456,242 $72,506 $383,736
2023 $5,032 $447,297 $71,085 $376,212
2022 $4,988 $438,528 $69,692 $368,836
2021 $5,023 $429,930 $68,326 $361,604
2020 $4,742 $425,523 $67,626 $357,897
2019 $4,880 $417,180 $66,300 $350,880
2018 $4,568 $409,000 $65,000 $344,000
2017 $4,565 $412,046 $62,133 $349,913
2016 $5,073 $403,967 $60,915 $343,052
2015 $2,657 $230,193 $110,621 $119,572
2014 $3,831 $225,685 $108,455 $117,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21704069

Bay Area Real Estate Information Services (BAREIS)

APN: 034-242-310-000