NOT LISTED FOR SALE

7185 Old Highway 53 Clearlake, CA 95422

Estimated Value: $303,000 - $471,000

5 Beds
3 Baths
2,656 Sq Ft
$144/Sq Ft Est. Value

Last Sold November 14, 2019

Last sale price $197,000 $74 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $2,235/month

4 Days on Market

Highlights

  • Fishing
  • Laundry Room
  • Gentle Sloping Lot
  • Community Lake
  • Bike Trail

About This Home

As of November 2019

Looking for income property? Take a look at this triplex on Old Hwy 53 conveniently located to local shopping, public transit system, Walmart, Big 5, Tractor Supply shopping center and local hospital. Property offers one ground floor studio apartment and two 2 bedroom , 1 bath apartments upstairs each with their own laundry, kitchen open living space and fireplace. Units are separately metered and the tenants pay their electric, owner currently paying for garbage, water and sewer.

Last Agent to Sell the Property

Susan Joyner

Susan Joyner, Broker License #01310040 Listed on: 09/11/2019

Co-Listed By

Taylor Simons

Susan Joyner, Broker License #01784917

Last Buyer's Agent

August Schmitt

August Schmitt Realty Solutions License #01988680

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,632

Year Built

  • Built in 1979

Lot Details

  • 5,872 Sq Ft Lot
  • Two or More Common Walls
  • Gentle Sloping Lot

Parking

  • 3 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 2,656 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 040421170000

Community Details

Overview

  • 3 Units
  • Community Lake

Recreation

  • Fishing
  • Park
  • Water Sports
  • Bike Trail

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Water Meter
  • Trash Expense $560
  • Water Sewer Expense $2,280
  • Operating Expense $2,840
  • Gross Income $24,660
  • Net Operating Income $21,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,632

Year Built

Built in 1979

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2280.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 040421170000
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 74.17

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 560.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Fishing, Lake, Park, Watersports, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Gentle Sloping
  • Lot Size Sq Ft: 5872.00
  • Lot Size Acres: 0.1348

Multi Family

  • Gross Income: 24660.00
  • Gross Scheduled Income: 24660.00
  • Lot Size Area: 5872.0000 Square Feet
  • Net Operating Income: 21000.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 2840.00
  • Rent Control: No
  • Total Expenses: 2840.00

Tax Info

  • Tax Census Tract: 8.01
  • Tax Lot: 3

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2019 11/14/19 Sold $197,000 -8.4% $74 / Sq Ft
09/11/2019 09/11/19 For Sale $215,000 -- $81 / 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
2025 $2,632 $215,444 $32,807 $182,637
2024 $2,600 $211,220 $32,164 $179,056
2023 $2,568 $207,080 $31,534 $175,546
2022 $2,439 $203,020 $30,916 $172,104
2021 $2,498 $199,040 $30,310 $168,730
2020 $2,484 $197,000 $30,000 $167,000
2019 $2,242 $181,070 $21,028 $160,042
2018 $2,242 $177,520 $20,616 $156,904
2017 $2,137 $174,040 $20,212 $153,828
2016 $1,968 $170,628 $19,816 $150,812
2015 $1,933 $168,066 $19,519 $148,547
2014 $1,894 $164,775 $19,137 $145,638
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LC19217107

California Regional Multiple Listing Service (CRMLS)

APN: 040-421-170-000