NOT LISTED FOR SALE

1070 Sandalwood Dr Lake Arrowhead, CA 92352

Estimated Value: $591,881 - $714,000

3 Beds
2 Baths
1,716 Sq Ft
$381/Sq Ft Est. Value

Last Sold July 26, 2023

Last sale price $580,000 $338 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,989/month

33 Days on Market

Highlights

  • Fishing
  • No HOA
  • Central Heating
  • Community Lake
  • Laundry Room

About This Home

As of July 2023

Enjoy mountain living and income from this spacious, lake rights mountain cabin, that sits on a large lot, located near the Lake Arrowhead Country Club! This home sits on a flag-shaped lot which provides a sense of seclusion. There’s plenty of room for the family, plus more, with the two main level bedrooms, the large main suite. There is also an updated buildup area for entertainment, with additional room for a workshop and storage. Two oversized cement parking pads provide plenty of room for your vehicles & toys. Recent updates include new vinyl flooring throughout, a new Air Conditioner, stove, stove hood, and dishwasher. This property has a current STR license with the County of San Bernardo with a successful rental history. Contact your agent for a viewing today!

Last Agent to Sell the Property

Ruben Soto

Meridian Property Group Brokerage Phone: 951-232-2200 License #02056636 Listed on: 05/22/2023

Last Buyer's Agent

Naomi Suh

Grand Avenue Realty & Lending License #01705209

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,462

Year Built

  • Built in 1979

Lot Details

  • 0.28 Acre Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LA/RS-14M

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,716 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Central Heating

Listing and Financial Details

  • Tax Lot 182
  • Tax Tract Number 7983
  • Assessor Parcel Number 0345401220000
  • $559 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Arrowhead Woods Subdivision
  • Community Lake
  • Near a National Forest

Recreation

  • Fishing

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,462

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 598000
  • Property Attached: No
  • Subdivision Name Other: Arrowhead Woods (AWHW)
  • Zoning: LA/RS-14M
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 0345401220000
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 3
  • Common Walls: No Common Walls
  • Entry Level: 2
  • Levels: Two
  • Price Per Square Foot: 338.00

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Blm/National Forest, Fishing, Lake

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 12250.00
  • Lot Size Acres: 0.2812

Multi Family

  • Gross Income: 55000.00
  • Gross Scheduled Income: 55000.00
  • Lot Size Area: 12250.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 1
  • Other Income Description: Seller will provide Expenses
  • Rent Control: No

Tax Info

  • Tax Census Tract: 109.03
  • Tax Lot: 182
  • Tax Tract Number: 7983
  • TaxOtherAnnualAssessmentAmount: 559.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2023
Closed on
Jun 28, 2023
Sold by
Wise Duane and Wise Elvia
Bought by
Poto Nina A and Poto John N
Seller's Agent
Ruben Soto
Meridian Property Group
Buyer's Agent
Naomi Suh
Grand Avenue Realty & Lending
List Price
$598,000
Sold Price
$580,000
Premium/Discount to List
-$18,000
-3.01%
Views
93
Current Estimated Value
$653,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,220
Avg. Annual Appreciation
3.80%
Original Mortgage
$280,000
Outstanding Balance
$273,476
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$354,957

Purchase Details

Listed on
Jun 26, 2018
Closed on
Dec 5, 2018
Sold by
Chen Isaac Jinwei and Chen Enwei Joyce
Bought by
Wise Duane and Wise Elvia
Seller's Agent
Carolyn Fox
RE/MAX LAKESIDE
Buyer's Agent
Ruben Soto
Meridian Property Group
List Price
$319,000
Sold Price
$315,000
Premium/Discount to List
-$4,000
-1.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.39%
Original Mortgage
$265,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 13, 2012
Closed on
Apr 2, 2012
Sold by
Us Bank National Association
Bought by
Chen Isaac Jinwei and Chen Enwei Joyce
Seller's Agent
Lorie Padore
COLDWELL BANKER SKY RIDGE REALTY
Buyer's Agent
Carolyn Fox
RE/MAX LAKESIDE
List Price
$174,900
Sold Price
$172,000
Premium/Discount to List
-$2,900
-1.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.45%
Original Mortgage
$129,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2011
Sold by
Mcdonald Ray W
Bought by
Us Bank Trust National Association

Purchase Details

Closed on
Nov 23, 2004
Sold by
Mcdonald Ray W
Bought by
Mcdonald Ray W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,750
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2001
Sold by
Mcdonald Ray W and Mcdonald Susana
Bought by
Mcdonald Ray W

Purchase Details

Closed on
Aug 18, 1997
Sold by
Koffler Md Alan and Koffler Kelli J
Bought by
Mcdonald Ray W and Mcdonald Susana B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,604
Interest Rate
7.43%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Poto Nina A $580,000 Chicago Title
Wise Duane $315,000 Stewart Title Of California
Chen Isaac Jinwei $172,000 Servicelink
Us Bank National Association -- Servicelink
Us Bank Trust National Association $234,381 First American
Mcdonald Ray W -- Diversified
Mcdonald Ray W $10,000 --
Mcdonald Ray W $134,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poto Nina A $280,000
Previous Owner Wise Duane $273,000
Previous Owner Wise Duane $265,000
Previous Owner Chen Isaac Jinwei $129,000
Previous Owner Mcdonald Ray W $269,750
Previous Owner Mcdonald Ray W $132,604
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2023 07/26/23 Sold $580,000 0.0% $338 / Sq Ft
07/26/2023 07/26/23 Sold $580,000 -3.0% $338 / Sq Ft
06/24/2023 06/24/23 Pending -- -- --
06/24/2023 06/24/23 Pending -- -- --
05/22/2023 05/22/23 For Sale $598,000 0.0% $348 / Sq Ft
05/05/2023 05/05/23 For Sale $598,000 +89.8% $348 / Sq Ft
01/12/2019 01/12/19 Sold $315,000 -1.3% $184 / Sq Ft
12/19/2018 12/19/18 Pending -- -- --
06/26/2018 06/26/18 For Sale $319,000 +85.5% $186 / Sq Ft
05/03/2012 05/03/12 Sold $172,000 -1.7% $100 / Sq Ft
03/29/2012 03/29/12 Pending -- -- --
03/13/2012 03/13/12 For Sale $174,900 -- $102 / 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 $6,462 $591,600 $118,320 $473,280
2024 $6,462 $580,000 $116,000 $464,000
2023 $3,949 $337,745 $67,550 $270,195
2022 $3,870 $331,122 $66,225 $264,897
2021 $3,827 $324,629 $64,926 $259,703
2020 $3,826 $321,300 $64,260 $257,040
2019 $2,429 $193,669 $28,150 $165,519
2018 $2,468 $189,872 $27,598 $162,274
2017 $2,428 $186,149 $27,057 $159,092
2016 $2,387 $182,499 $26,526 $155,973
2015 $2,684 $179,758 $26,128 $153,630
2014 $2,331 $176,237 $25,616 $150,621
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RW23077936

California Regional Multiple Listing Service (CRMLS)

APN: 0345-401-22