380 5th St, Lakeport, CA 95453
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380 5th St Lakeport, CA 95453

$330,000 Sold Price as of 07/22/2020
  • 3 Beds
  • 2 Baths
  • 1,560 Sq.Ft.
Sold
$330,000 Sold Price as of 07/22/2020 Refinance Your Mortgage

Map preview of 380 5th St, Lakeport, CA 95453

Property Overview: 380 5th St Lakeport, CA has 3 bedrooms, 2 bathrooms, 1,560 living square feet and 5,619 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: TWO LEASED HOMES on one parcel. Owner of the homes has for the past 25+ years maintained impeccable condition of both units and has not allowed for any deferred maintenance. The 2 bedroom, 1 1/2 bath, detached home is absolutely adorable with central heat and air, laundry inside, dual pane windows, blown insulation in the walls, and ceiling fans in the bedrooms and on the front porch. Home is small but extremely charming and lovable. The 2nd home fronts on North Brush street and is built above the garage. It is a one bedroom, one bath cozy and comfortable unit with dual pane windows, and blown insulation in the walls. It has two split units for heating and air conditioning, one in the bedroom and one in the living room. It also has laundry facilities available. Both units are leased. The tenant in the 2 bedroom is in his 2nd year lease and rent is $1,300 per month. All utilities are separate and paid by tenants The rent on the one bedroom home is $950 per month. Both tenants were well screened and are employed in Lake County with Essential Job status. Homes are located in the heart of Lakeport and only 4 blocks from the lake and beautiful library park, with boat launching ramps, grassy lawns, picnic tables, restaurants, and more. Truly an incredible value. Garage could be rented with either unit but right now it is not included in either lease and is used exclusively by the owner..another plus! Income from the two rentals provides a great return on investment.

Listed by Nancy O'rourke | BRE #00495214 | City Center Realty
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 3

Home details

Lot Sq. Ft
5,619
HOA Dues
$0/mo
Year built
1940
Garage
1 Car
Property Type:
Single Family Home
Status
Sold
MLS#
LC20127733
City
Lakeport
County
Lake
Time on Site
1375 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 0
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $950
  • Total Rent: $950
  • Pro Forma/Market Rent: $950
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $27,000
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Gas/Fuel: $0
  • New Taxes: $3,500
  • Trash: $0
  • Insurance: $12,012
  • Other Expenses: $0

Property Details for 380 5th St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, See Remarks
Heating Information
  • Has Heating
  • Central, See Remarks
Laundry Information
  • Has Laundry
  • Dryer Included, Electric Dryer Hookup, Inside, See Remarks, Washer Hookup, Washer Included
Fireplace Information
  • No Fireplace
  • None
Kitchen Information
  • Has Appliances
  • Dishwasher, Electric Range, Disposal, Refrigerator, Water Heater
Interior Features
  • Ceiling Fan(s)
  • Window Features: Double Pane Windows
Exterior Features
Exterior Information
  • Roof: Composition
  • Other Structures: Shed(s)
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Corner Lot, Front Yard, Level with Street, Near Public Transit
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 025361050000
  • Year Built Source: Public Records
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: Main Street to Fifth
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
Neighborhood Information
  • Community Features: Biking, BLM/National Forest, Curbs, Dog Park, Fishing, Hiking, Lake, Watersports, Preserve/Public Land, Sidewalks
View more facts & features

Local Lakeport Agent

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Sale History for 380 5th St

Last sold for $330,000 on July 22nd, 2020
  • July, 2020

  • Jul 23, 2020

    Date

    Sold

    CRMLS: LC20127733

    $330,000

    Price

  • Jul 18, 2020

    Date

    Pending

    CRMLS: LC20127733

    $315,000

    Price

  • Jul 10, 2020

    Date

    Active Under Contract

    CRMLS: LC20127733

    $315,000

    Price

  • Jul 1, 2020

    Date

    Active

    CRMLS: LC20127733

    $315,000

    Price

Tax History for 380 5th St

Assessed Value (2020): $130,811
Year Land Value Improved Value Assessed Value
2020 $53,437 $77,374 $130,811

Home Value Compared to the Market

This property vs the competition

380 5th St sold on July 22, 2020 for 26.74% lower than the current median sold price for the city of Lakeport which is $430,000. The median sold price per/sqft for Lakeport is $237 and this home is sold at $201.92 per/sqft which puts the price per square foot 14.8% lower than the current median sale per square foot for the city of Lakeport.

About 380 5th St

Detailed summary of property

380 5th St is a single family home that recently sold in Lakeport, CA 95453. This house offered 3 bedrooms, 2 bathrooms, roughly 1,560 living square feet, and sits on an approximately 5,619 square foot lot. 380 5th St was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $330,000. Home in Lakeport are selling for a median price of $430,000 and a median price per square foot of $237. Based on Ardent Real Estate Group's Lakeport Market Data, this home is sold 26.74% lower than the current median priced home. Local homes that are currently for sale include 312 W 5Th St #921, 267 S San Pedro St #208 and 4125 S Figueroa St #202. While the average home in Lakeport, CA is selling in 146 days, 380 5th St has a days on market of 3 days. There are currently 50 homes for sale in the Lakeport real estate market and 46 of them are single family homes while 4 of them are condos and 0 are townhomes. For more information on this home for sale at 380 5th St Lakeport, CA 95453 contact Ardent Real Estate Group and we will put you in touch with one of our Lakeport agents.

Public Facts for 380 5th St

Public county record property details
Beds
2
Baths
1
Year built
1940
Sq. Ft.
941
Lot Size
5,227
Stories
--
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Lake
Lot#
--
APN
025-361-050-000

The source for these homes facts are from public records.

95453 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$469,000
Median List Price/Sq.Ft.
$282
Median Sold Price
$430,000
Median Sold Price/Sq.Ft.
$237
Total Inventory
53
Median Sale to List Price %
92.47%
Avg Days on Market
71
Loan Type
Conventional (12.5%), FHA (12.5%), VA (0%), Cash (62.5%), Other (12.5%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.