NOT LISTED FOR SALE

266 Cumberland Dr Lake Arrowhead, CA 92352

Estimated Value: $696,421 - $794,000

4 Beds
3 Baths
1,947 Sq Ft
$380/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $553,000 $284 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,649/month

6 Days on Market

Highlights

  • Marina
  • View of Trees or Woods
  • Lake Privileges
  • Fishing
  • Open Floorplan
  • Community Lake

About This Home

As of November 2020

Situated in beautiful Lake Arrowhead community, this three-story home offers 4BR/3BA. Nestled in a wooded oasis with no next-door neighbors, this beautiful home has a seasonal stream and ample outdoor areas to take in the scenery. Attractively remodeled in 2018 this home offers a spacious floor plan. The kitchen is open to the family and dining room, creating a wonderful space to gather and entertain. Kitchen features include; brand new, never been used stainless steel appliances, farmhouse sink, butcher block countertops, and a breakfast bar. Wood planked ceiling with beautiful accent beams are throughout the home. The ground level of the home includes the kitchen, family room with a fireplace, dining area, and the master bedroom with a remodeled bathroom. The master bedroom is spacious, offering a walk-in closet and deck access. En-suite bathroom provides a double vanity, garden tub, and walk-in shower. The second floor is configured with two bedrooms and remodeled bathroom. One of the rooms upstairs has a private balcony. On the lower level a fourth bedroom, bathroom and second living area offers another fireplace and a built-in beverage bar. On the back deck, fire up the gas grill and host an afternoon cookout, and let the kids play on the homemade swing and explore the wilderness. A 5-minute drive to shops and dining. Enjoy convenient access to the lake and an array of hiking trails. In winter months, enjoy being close to Ski resort. This home has LAKE RIGHTS!!

Last Listed By

Jennel Oldendorf

COLDWELL BANKER KIVETT-TEETERS Brokerage Phone: 909-797-1151 License #01978669 Listed on: 10/15/2020

COLDWELL BANKER KIVETT-TEETERS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,534

Year Built

  • Built in 1971

Lot Details

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

Parking

  • 1 Car Garage

Property Views

  • Woods
  • Mountain

Interior Spaces

  • 1,947 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Wet Bar
  • Bar
  • Beamed Ceilings
  • Gas Fireplace
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room
  • Bonus Room with Fireplace
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Walk-in Shower

Outdoor Features

  • Lake Privileges
  • Balcony

Utilities

  • Central Heating
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 44
  • Tax Tract Number 7933
  • Assessor Parcel Number 0331372010000

Community Details

Overview

  • No Home Owners Association
  • Community Lake
  • Mountainous Community

Recreation

  • Marina
  • Fishing
  • Water Sports
  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,534

Year Built

Built in 1971

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: LA/RS-14M
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0331372010000
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1947.00 Square Feet
  • Interior Amenities: Balcony, Bar, Beamed Ceilings, Open Floorplan, Wet Bar
  • Stories: 3
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Area, Breakfast Counter / Bar, Family Kitchen, In Family Room
  • Fireplace Features: Bonus Room, Family Room, Gas
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 284.03
  • Room Type: Bonus Room, Family Room, Great Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Separate Family Room, Walk-In Closet
  • Bathroom Features: Bathtub, Shower, Double Sinks In Primary Bath, Remodeled, Soaking Tub, Upgraded, Walk-In Shower
  • Room Kitchen Features: Kitchen Open To Family Room

Exterior Features

  • View: Mountain(s), Trees/Woods
  • Fence: No
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Range Hood, Refrigerator, Water Heater
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Fishing, Hiking, Lake, Watersports, Mountainous

Schools

  • School District: Rim of the World

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 16240.00
  • Lot Size Acres: 0.3728

Multi Family

  • Lease Considered: No
  • Lot Size Area: 16240.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Lake Privileges, Marina in Community

Tax Info

  • Tax Census Tract: 109.01
  • Tax Lot: 44
  • Tax Tract Number: 7933

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2020
Closed on
Oct 30, 2020
Sold by
Mahoney Neil and Pierce Jennifer
Bought by
Martin Ryan J and Martin Misty
Seller's Agent
Jennel Oldendorf
COLDWELL BANKER KIVETT-TEETERS
Buyer's Agent
Lisa Bolanos
The Agency
List Price
$525,000
Sold Price
$553,000
Premium/Discount to List
$28,000
5.33%
Total Days on Market
6
Current Estimated Value
$740,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,355
Avg. Annual Appreciation
6.64%
Original Mortgage
$442,400
Outstanding Balance
$399,909
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$336,867

Purchase Details

Listed on
Aug 13, 2017
Closed on
Sep 19, 2017
Sold by
Walters Michael Lee and Walters Susan Ethel
Bought by
Mahoney Neil and Pierce Jennifer
Seller's Agent
JOE MELENDEZ
JOE MELENDEZ, BROKER
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$249,500
Sold Price
$325,000
Premium/Discount to List
$75,500
30.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.51%
Original Mortgage
$292,500
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2016
Sold by
Walters Michael Lee
Bought by
Walters Michael Lee and Walters Susan Ethel

Purchase Details

Closed on
Aug 18, 2012
Sold by
Walters Michael Lee
Bought by
Walters Michael Lee and Walters Susan Ethel

Purchase Details

Closed on
Mar 24, 2010
Sold by
Walters Michael Lee
Bought by
Walters Michael Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2010
Sold by
Walters Claire Lee and Walters Michael Lee
Bought by
Walters Michael Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2008
Sold by
Walters Michael Lee and Walters Claire Lee
Bought by
Walters Michael Lee and Walters Claire Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.27%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 26, 2004
Sold by
Walters Claire Lee
Bought by
Walters Claire Lee and Walters Michael Lee

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
Martin Ryan J $553,000 Fidelity National Title Co
Mahoney Neil $325,000 Lawyers Title Company
Walters Michael Lee -- None Available
Walters Michael Lee -- None Available
Walters Michael Lee -- Orange Coast Title
Walters Michael Lee -- United Title Company
Walters Claire Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Ryan J $442,400
Previous Owner Mahoney Neil $292,500
Previous Owner Walters Michael Lee $224,633
Previous Owner Walters Michael Lee $126,500
Previous Owner Walters Michael Lee $108,000
Previous Owner Walters Michael Lee $30,000
Previous Owner Walters Claire Lee $284,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2020 11/20/20 Sold $553,000 +5.3% $284 / Sq Ft
10/21/2020 10/21/20 Pending -- -- --
10/15/2020 10/15/20 For Sale $525,000 +61.5% $270 / Sq Ft
10/04/2017 10/04/17 Sold $325,000 +30.3% $167 / Sq Ft
08/30/2017 08/30/17 Pending -- -- --
08/13/2017 08/13/17 For Sale $249,500 -- $128 / 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
2024 $6,534 $586,847 $117,369 $469,478
2023 $6,469 $575,341 $115,068 $460,273
2022 $6,338 $564,060 $112,812 $451,248
2021 $6,268 $553,000 $110,600 $442,400
2020 $4,008 $338,130 $67,626 $270,504
2019 $3,907 $331,500 $66,300 $265,200
2018 $3,893 $325,000 $65,000 $260,000
2017 $1,477 $102,988 $15,233 $87,755
2016 $1,454 $100,968 $14,934 $86,034
2015 $1,792 $99,452 $14,710 $84,742
2014 $1,423 $97,504 $14,422 $83,082
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV20218041

California Regional Multiple Listing Service (CRMLS)

APN: 0331-372-01