NOT LISTED FOR SALE

257 Cumberland Dr Lake Arrowhead, CA 92352

Estimated Value: $580,000 - $786,000

3 Beds
2 Baths
1,668 Sq Ft
$396/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $665,000 $399 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,205/month

2 Days on Market

Highlights

  • Primary Bedroom Suite
  • Mountain View
  • Living Room with Fireplace
  • Custom Home
  • Deck
  • Furnished

About This Home

As of June 2022

Looking for something with MAJOR Short Term Rental potential? Located just a short distance from the Lake Arrowhead Village & lake’s edge.
Lake rights on a large, wooded, spacious lot. Close to the village, shopping, dining, hiking, biking, and skiing. Brand new renovated kitchen, with new cabinets, quartz counter tops, and new gas oven and dishwasher. With three spacious bedrooms, 2 full bathrooms, office (or 4th bedroom), the property is currently set up to sleep 10-12 people. Located on a quiet street, where the lot backs up to a million dollar development. Property has one large storage shed and a standalone workshop. Brand new flooring on the main level. Home has 2 large living rooms, one with a built in bar.

Last Agent to Sell the Property

Shawn Ridet

Realty Masters & Associates, Inc License #02095856 Listed on: 05/11/2022

Realty Masters & Associates, Inc

Last Buyer's Agent

Paul Marmorstein

Capre License #02089181

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,636

Year Built

  • Built in 1973

Lot Details

  • 10,140 Sq Ft Lot
  • Lot Sloped Down

Parking

  • Driveway

Home Design

  • Custom Home
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,668 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Stone Fireplace
  • Shades
  • Rods
  • Family Room
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Home Office
  • Game Room
  • Vinyl Flooring
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage

Additional Features

  • Washer and Dryer Hookup
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 0331-371-06-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,636

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family
  • Architectural Style: Custom Design
  • Cross Street: 173
  • Stories: Two Story
  • View: Mountain View
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Oven, Gas Range/Cooktop
  • Fireplace: FP In Liv Room, Stone FP
  • Dining Area: Breakfast Bar, Dining Area Kitchen
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Floor Window Coverings: Curtains, Shades, Vinyl Floors
  • Other Rooms: Den, Family Room, Game Room, Master Suite, Office
  • Room Count: 7
  • Total Sq Ft: 1668

Exterior Features

  • Driveways: Blacktop Driveway
  • Foundation: Raised Perimeter
  • Outside Extras: Deck, Patio
  • Roads: Paved & Maintained
  • Roof: Composition Roof
  • St Frontage: 78

Garage/Parking

  • Parking: 1-5 Parking Spaces

Utilities

  • Heating: Cent Forced Air
  • Washer Dryer Hookups: Yes

Lot Info

  • Lot Size Sq Ft: 10140
  • Parcel Number: 0331-371-06-0000
  • Sec Side Lot Dim: 130
  • Topography: Downslope

Rental Info

  • Furnishings: Furnishings

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2013
Closed on
Apr 10, 2013
Sold by
Fields Matthew A
Bought by
Fisher Tim Michael and Declaration Of Trust Of Tim Michael Fish
Seller's Agent
Stanley Phelps
RE/MAX LAKESIDE
Buyer's Agent
Kathy DeLong
Better Homes and Gardens LakeView Realty
List Price
$242,500
Sold Price
$242,500
Current Estimated Value
$660,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$417,616
Avg. Annual Appreciation
8.43%
Original Mortgage
$192,000
Outstanding Balance
$137,245
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$522,871

Purchase Details

Closed on
Aug 11, 2003
Sold by
Jaenson Howard W
Bought by
Fields Matthew A and Fields Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Fisher Tim Michael $242,500 Stewart Title
Fields Matthew A $219,000 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fisher Tim Michael $192,000
Previous Owner Fields Matthew $52,000
Previous Owner Fields Matthew A $255,000
Previous Owner Fields Matthew A $175,200
Closed Fields Matthew A $32,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2022 06/10/22 Sold $665,000 +10.9% $399 / Sq Ft
05/11/2022 05/11/22 For Sale $599,900 +147.4% $360 / Sq Ft
04/23/2013 04/23/13 Sold $242,500 0.0% $145 / Sq Ft
03/18/2013 03/18/13 Pending -- -- --
02/11/2013 02/11/13 For Sale $242,500 -- $145 / Sq Ft
Source: Mountain Resort Communities Association of Realtors®

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 $7,636 $705,704 $106,121 $599,583
2024 $7,636 $691,866 $104,040 $587,826
2023 $7,561 $678,300 $102,000 $576,300
2022 $3,343 $281,397 $46,417 $234,980
2021 $3,306 $275,880 $45,507 $230,373
2020 $3,305 $273,051 $45,040 $228,011
2019 $3,223 $267,697 $44,157 $223,540
2018 $3,233 $262,448 $43,291 $219,157
2017 $3,179 $257,302 $42,442 $214,860
2016 $3,121 $252,257 $41,610 $210,647
2015 $3,123 $248,468 $40,985 $207,483
2014 $3,045 $243,601 $40,182 $203,419
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mountain Resort Communities Association of Realtors®

MLS Number: 32202964

Mountain Resort Communities Association of Realtors®

APN: 0331-371-06