NOT LISTED FOR SALE

197 Mill Pond Rd Lake Arrowhead, CA 92352

Estimated Value: $101,608 - $145,000

0.49 Acre
$247,859 Price per Acre
21,301 Sq Ft Lot

Last Sold October 10, 2024

Last sale price $105,000

Est. 15% increase in value since last sale

Current estimated payment $870/month

170 Days on Market

Highlights

  • Gated Community
  • Creek or Stream View
  • Corner Lot
  • 0.49 Acre Lot

About This Lot

As of October 2024

Luxurious newly developed, gated community with Lake Rights!! Imagine driving across a private bridge towards a grand, rocky waterfall before passing through a high end custom security gate. Welcome to Mill Pond. The largest lot on the market in Mill pond, and an end/corner lot, closest to the waterfall. Build your custom dream home, surrounded by lush canopies of trees and enjoy peaceful, quiet, privacy and security in this mountain resort community. Underground utilities, local sewer, and paved roads in place. All of this, and you'll be just minutes from the lake, marina, Cedar Glen as well as Lake Arrowhead Marina and Village! The Private Lake amenities including lake rights, trail use, hiking, fishing and boat slips. Buyer to verify all data associated with this property and development. **Check out virtual tour and video of Mill Pond.

Last Agent to Sell the Property

Bobbi Debarge

Compass License #01910998 Listed on: 04/09/2024

Compass

Last Buyer's Agent

Janin Paine

Compass License #00926341

Compass

Property Details

Property Type

  • Land

Lot Details

  • 0.49 Acre Lot
  • Corner Lot
  • Property is zoned LA/RM

Property Views

  • Creek or Stream
  • Mountain

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Community Details

  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number 0331-561-01-0000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Complex Name: Mill Pond at Lake Arrowhead
  • Lot Acreage: 0.4890
  • Builders Tract Name: TRACT 15740
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Public Street: Yes
  • Street Description: Asphalt
  • View: Mountains, Creek/Stream
  • View: Yes

Utilities

  • Cable: Yes
  • Electric: On Site
  • Telephone: Yes

Condo/Co-op/Association

  • HOA Fees: 115.00

Lot Info

  • Assessor Parcel Number: 0331-561-01-0000
  • Lot Description: Gated Community, Single Lot, Street Asphalt, Utilities Underground
  • Lot Location: Corner Lot
  • Lot Size Area: 21300
  • Site Decription: Rural

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2024
Closed on
Oct 7, 2024
Sold by
Fabian And Bobbi Chichester Trust and Chichester Fabian Whitney
Bought by
Ellis Michael T and Ellis Debra D
Seller's Agent
Bobbi Debarge
Compass
Buyer's Agent
Janin Paine
Compass
List Price
$115,000
Sold Price
$105,000
Premium/Discount to List
-$10,000
-8.7%
Views
3
Current Estimated Value
$121,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,203
Avg. Annual Appreciation
11.96%

Purchase Details

Closed on
Sep 13, 2019
Sold by
Arrowhead Mp Llc
Bought by
Chichester Fabian Whitney and Chichester Bobbi Lee Debarge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,860
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 14, 2019
Sold by
Rubin Nicholas and Pme Mortgage Fund Inc Liquidat
Bought by
Arrowhrad Mp Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,770,000
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 2012
Sold by
Mill Pond Partners L P
Bought by
Pme Mortgage Fund Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
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
Ellis Michael T $105,000 Consumers Title
Chichester Fabian Whitney $340,000 First Amer Ttl Co Sub Sale O
Arrowhrad Mp Llc $4,120,000 First American Title Company
Pme Mortgage Fund Inc $5,524,200 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chichester Fabian Whitney $237,860
Previous Owner Arrowhrad Mp Llc $2,770,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2024 10/10/24 Sold $105,000 -8.7% --
09/26/2024 09/26/24 Pending -- -- --
04/09/2024 04/09/24 For Sale $115,000 -- --
Source: The MLS

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 $2,918 $105,000 $105,000 --
2024 $2,918 $214,440 $214,440 --
2023 $2,878 $210,235 $210,235 $0
2022 $2,815 $206,113 $206,113 $0
2021 $2,786 $202,072 $202,072 $0
2020 $2,773 $82,110 $82,110 $0
2019 $947 $67,559 $67,559 $0
2018 $781 $66,234 $66,234 $0
2017 $767 $64,935 $64,935 $0
2016 $753 $63,662 $63,662 $0
2015 $746 $62,706 $62,706 $0
2014 $733 $61,478 $61,478 $0
Source: Public Records

Agents Affiliated with this Home

  • Bobbi Debarge

    Seller's Agent in 2024

    Bobbi Debarge

    Compass

    (310) 403-7959

    2 in this area

    10 Total Sales

    Bobbi Debarge
    Section Image
  • Janin Paine

    Buyer's Agent in 2024

    Janin Paine

    Compass

    (323) 301-9905

    1 in this area

    25 Total Sales

    Janin Paine
    Section Image
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Map

Source: The MLS

MLS Number: 24-378400

The MLS

APN: 0331-561-01

California San Bernardino County Lake Arrowhead 92321

197 Mill Pond Rd, Lake Arrowhead, CA

Not Listed for Sale

Lots

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