NOT LISTED FOR SALE

8030 Lake St Lower Lake, CA 95457

Estimated Value: $605,000 - $665,000

14 Beds
15 Baths
46,609 Sq Ft
$14/Sq Ft Est. Value

Last Sold June 14, 2021

Last sale price $623,000 $13 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,124/month

Highlights

  • Home fronts a seawall
  • All Bedrooms Downstairs
  • Property is near a clubhouse
  • Fishing
  • Canal View
  • Corner Lot

About This Home

As of June 2021

Great Opportunity for an investor. Total of 8 units and a clubhouse, 4 of the units are located on the channel side with a back porch so you can relax after a hard days work. All of the units are occupied. Located in a very quiet neighborhood. Lots of parking. Walking distance to downtown Lower Lake. Close to the school and hospital.

Last Agent to Sell the Property

Tammy Castro

Country Air Properties License #02092060 Listed on: 04/24/2021

Last Buyer's Agent

Jean Swegle

Country Air Properties License #01450702

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,774

Year Built

  • Built in 1956

Lot Details

  • 1.07 Acre Lot
  • Home fronts a seawall
  • Property fronts a county road
  • Two or More Common Walls
  • Wood Fence
  • Corner Lot
  • Level Lot
  • Land Lease

Property Views

  • Canal
  • Neighborhood

Home Design

  • Apartment
  • Cosmetic Repairs Needed
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 46,609 Sq Ft Home
  • Drapes & Rods
  • Blinds
  • Entryway
  • Living Room
  • Den

Kitchen

  • Electric Oven
  • Electric Cooktop

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 14 Bedrooms
  • All Bedrooms Down
  • 15 Bathrooms

Parking

  • Parking Available
  • Driveway Level
  • Paved Parking
  • Parking Lot

Accessible Home Design

  • No Interior Steps
  • Accessible Parking

Utilities

  • Wall Furnace
  • Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Property is near a clubhouse

Listing and Financial Details

  • Tenant pays for cable TV, telephone
  • Assessor Parcel Number 010025490000

Community Details

Overview

  • No Home Owners Association
  • 9 Buildings
  • 9 Units

Recreation

  • Fishing
  • Park
  • Hiking Trails
  • Bike Trail

Building Details

  • Rent Control
  • Electric Expense $3,500
  • Insurance Expense $4,200
  • Professional Management Expense $7,638
  • Trash Expense $310
  • Water Sewer Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,774

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Other Phone Description: 17079725029
  • Professional Management Expense: 7638.00
  • Property Attached: Yes
  • Road Frontage Type: County Road
  • View: Yes
  • Water Sewer Expenses: 1200.00
  • Zoning: CR
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 010025490000
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Accessibility Features: No Interior Steps, Parking
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 13.37
  • Room Type: All Bedrooms Down, Den, Entry, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom
  • Window Features: Blinds, Drapes

Exterior Features

  • Foundation: Concrete Perimeter
  • View: Canal, Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Paved, Driveway Level, Parking Space

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Electric Oven, Electric Cooktop, Refrigerator, Water Heater
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 310.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Biking, Fishing, Hiking, Park, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: Close to Clubhouse, Corner Lot, Level with Street, Level
  • Lot Size Sq Ft: 46609.00
  • Lot Size Acres: 1.0700

Rental Info

  • Tenant Pays: Cable TV, Telephone

Multi Family

  • Electric Expense: 3500.00
  • Insurance Expense: 4200.00
  • Lot Size Area: 46609.0000 Square Feet
  • Number Of Units Total: 9
  • Rent Control: Yes
  • Waterfront Features: Seawall

Tax Info

  • Tax Census Tract: 12.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2021
Closed on
Jun 3, 2021
Sold by
R S Joshi Property Llc
Bought by
Certificate Investment Fund
Seller's Agent
Tammy Castro
Country Air Properties
Buyer's Agent
Jean Swegle
Country Air Properties
List Price
$623,000
Sold Price
$623,000
Current Estimated Value
$637,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,996
Avg. Annual Appreciation
1.71%

Purchase Details

Listed on
Apr 24, 2021
Closed on
May 25, 2021
Sold by
Certificate Investment Fund
Bought by
R S Joshi Property Llc
Seller's Agent
Tammy Castro
Country Air Properties
Buyer's Agent
Jean Swegle
Country Air Properties
List Price
$623,000
Sold Price
$623,000

Purchase Details

Closed on
Dec 4, 2008
Sold by
Ressa Giuseppe
Bought by
Certificate Investment Fund
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
R S Joshi Property Llc $623,000 First American Title Company
Rs Joshi Property Llc $623,000 First American Title Company
Certificate Investment Fund $400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ressa Giuseppe $590,000
Previous Owner Ressa Giuseppe $250,000
Previous Owner Ressa Giuseppe $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2021 06/14/21 Sold $623,000 0.0% $13 / Sq Ft
04/24/2021 04/24/21 For Sale $623,000 -- $13 / 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 $7,774 $661,132 $159,181 $501,951
2023 $7,686 $648,169 $156,060 $492,109
2022 $7,304 $635,460 $153,000 $482,460
2021 $4,123 $330,727 $138,000 $192,727
2020 $4,101 $327,336 $136,585 $190,751
2019 $3,929 $320,918 $133,907 $187,011
2018 $3,932 $314,627 $131,282 $183,345
2017 $3,748 $308,458 $128,708 $179,750
2016 $3,522 $302,411 $126,185 $176,226
2015 $3,460 $297,869 $124,290 $173,579
2014 $3,391 $292,035 $121,856 $170,179
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LC21086731

California Regional Multiple Listing Service (CRMLS)

APN: 010-025-490-000