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$599,000

Beds
1
Baths
1.5
sq ft
2,691

825 N Forbes St, Lakeport, CA 95453

825 N Forbes St

Lakeport, CA 95453

  • 35 days on market
    • Price drop $36,000↓
Only one block from lake! Beautiful victorian home with huge private back yard & carriage house. R3 zoning and corner lot setting provide ample possibilities for a private residence or vacation rental. Featuring 4 suites on the 2 story main home, great balcony upstairs, front porch, commercial grade range, open concept living and dining room. Plus a detached 1 bedroom 1 bathroom guest home with living room, full kitchen and separate entrance. The back yard features beautiful mature landscape, separate utility/laundry room, fire pit, bbq area and cabana. Just a few blocks away from the public boat ramp, Xabatin park, downtown restaurants and shops!

Details

Property type

Est. home value

$660,436

Lot size

0.31 acres

Price per sq ft

$223

Year built

1836

Price History

03/04/2025
BAREIS

BAREIS #325009442

Price change
$599,000
-5.67%
02/05/2025
BAREIS

BAREIS #325009442

Price change
$635,000
+18.69%
02/04/2025
BAREIS

BAREIS #325009442

Listed
$535,000
-10.68%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Lake

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$102,620
Asking price
$599,000
Closing costs (~8% of asking)
-$47,920
Est. remaining loan balance
-$448,460
Cash to seller
$102,620

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

American Pacific Mortgage Corp

Loan start date

September 2022

Original loan amount

$465,000

Est. remaining balance

$448,460

Interest rate

5.22%

Loan type

New Conventional, 30 year

Seller

Nardia Sokol and Justin Sokol

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/10/2025 at 7:25 PM

Listing updated: 03/04/2025 at 5:40 PM

Listed by: Mara Eichelmann, Sotheby's International RealtySotheby's International Realty

MLS: BAREIS #325009442

BAREIS logo

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