NOT LISTED FOR SALE

6520 E Highway 20 Lucerne, CA 95458

Estimated Value: $642,000

8 Beds
6 Baths
6,450 Sq Ft
$100/Sq Ft Est. Value

Sale Details

Date Sold: September 30, 2017

Last sale price $419,000 $65 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,862 / mo

140 Days on Market

Highlights

  • Fishing
  • 32,670 Sq Ft lot
  • Carpet
  • All Bedrooms Downstairs
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

About This Home

As of September 2017

Cash cow in Lucerne across the street from beautiful Clearlake and includes 2nd small parcel with sandy beach on the lake side. All remodeled and freshly painted on the outside 1 X 3 bedroom 1.5 bath home plus 5 x 1 bedroom rentals in 1 Triplex and 1 Duplex.
Plus an older double garage/shop, a well, several trailer hook-ups and beautiful lake views. Hurry!

Last Agent to Sell the Property

Andy Wiese

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

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 32,670 Sq Ft Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre
  • 034-241-050-00

Parking

  • 10 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 6,450 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 8 Bedrooms
  • All Bedrooms Down
  • 6 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 0342423100

Community Details

Overview

  • 4 Buildings
  • 6 Units

Recreation

  • Fishing

Building Details

  • 6 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Fuel Expense $600
  • Insurance Expense $1,200
  • Professional Management Expense $500
  • Trash Expense $1,200
  • Water Sewer Expense $6,000
  • New Taxes Expense $5,000
  • Operating Expense $15,100
  • Gross Income $4,550
  • Net Operating Income $39,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0.75 Acres

Parking

2

Listing Details

  • Inclusions: 2nd lot on the lake side
  • Professional Management Expense: 500.00
  • Property Attached: Yes
  • Water Sewer Expenses: 6000.00
  • Property Type: Residential Income
  • Parcel Number: 0342423100
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Price Per Square Foot: 64.96
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 10.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 034-241-050-00
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 32670.00

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Electric Expense: 600.00
  • Fuel Expense: 600.00
  • Gross Income: 4550.00
  • Gross Scheduled Income: 54600.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 39500.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 15100.00
  • Rent Control: No
  • Total Actual Rent: 4750.00
  • Total Expenses: 15100.00
  • Waterfront Features: Fishing in Community

Tax Info

  • New Taxes Expense: 5000.00

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
$642,000

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
General NONMEMBER
NONMEMBER MRML
List Price
$429,000
Sold Price
$419,000
Premium/Discount to List
-$10,000
-2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.08%
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
General NONMEMBER
NONMEMBER MRML
List Price
$429,000
Sold Price
$419,000
Premium/Discount to List
-$10,000
-2.33%

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

Closed on
Jan 15, 2015
Sold by
Kennedy Jeanne C
Bought by
Beard George

Purchase Details

Closed on
Jan 14, 2015
Sold by
Bca Enterprises Llc
Bought by
Wiese Andy and Wiese Mary
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

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
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

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
Previous Owner Chompa Emilio Gaspar $249,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2017 09/30/17 Sold $419,000 0.0% $65 / Sq Ft
06/08/2017 06/08/17 Price Changed $419,000 -2.3% $65 / Sq Ft
03/03/2017 03/03/17 For Sale $429,000 -- $67 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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: California Regional Multiple Listing Service (CRMLS)

MLS Number: LC17043832

California Regional Multiple Listing Service (CRMLS)

APN: 034-242-310-000

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