NOT LISTED FOR SALE

27538 Meadow Bay Dr Lake Arrowhead, CA 92352

Estimated Value: $2,309,000 - $2,741,000

4 Beds
4.5 Baths
4,984 Sq Ft
$512/Sq Ft Est. Value

Last Sold November 23, 2020

Last sale price $1,850,000 $371 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $14,894/month

4 Days on Market

Highlights

  • Primary Bedroom Suite
  • Community Lake
  • Main Floor Bedroom
  • Lake View
  • Fireplace in Primary Bedroom
  • Corner Lot

About This Home

As of November 2020

Experience the perfect balance of mountain living and modern amenities in this beautifully crafted 4 bedroom 5 bathroom 4,984 square foot home that includes a single slip boat dock. Situated immediately outside the Meadow Shores community, great attention to detail has been paid to all aspects of this breathtaking estate. As you are entering the home take in the tranquil sounds of the 2 custom streams, upon walking through tge front door you are met with stunning lake views through the many floor to ceiling windows. Just off the main entrance you will find a formal living room featuring a custom stone fireplace, and large windows that allow you to take in the surrounding landscape. The main level also boasts teak wood flooring, a grand kitchen with a large center island and bar seating, double ovens, 6 burner oven with pot filler, a warming drawer, and a central vacuum system. The family room is just off the kitchen and has an extraordinary New England flagstone fireplace. Additional features of this home include a large deck that is pre-wired for a hot tub, main floor bedroom with en-suite bathroom, main floor laundry room, and tons of storage. The second floor features 2 guest suites each having en-suite bathrooms, a second-floor laundry room, and an extraordinary master suite with a dual-sided fireplace, jacuzzi tub, double closets, and exquisite lake views. There are 2 garages and room for boat parking. Dont let this home perfect for making memories in pass you by!

Last Agent to Sell the Property

Thomas Gibson

THE WRIGHT ASSOCIATED COMPANIES License #01319085 Listed on: 10/19/2020

Last Buyer's Agent

Sophie Formby

COLDWELL BANKER SKY RIDGE REALTY License #01842195

COLDWELL BANKER SKY RIDGE REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,961

Year Built

  • Built in 2008

Lot Details

  • 0.33 Acre Lot
  • Corner Lot
  • Property is zoned LA/RS-14M

Parking

  • 4 Car Attached Garage

Interior Spaces

  • 4,984 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Lake Views

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Laundry on upper level

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Community Lake

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 14599
  • Assessor Parcel Number 0333546060000

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,961

Year Built

Built in 2008

Lot Details

0

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LA/RS-14M
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0333546060000
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4984.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 371.19
  • Room Type: Family Room, Formal Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Suite

Exterior Features

  • View: Lake
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Lake

Schools

  • School District: Rim of the World

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 14330.00
  • Lot Size Acres: 0.3290

Multi Family

  • Lease Considered: No
  • Lot Size Area: 14330.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 109.01
  • Tax Lot: 3
  • Tax Tract Number: 14599

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2021
Sold by
Lester Mark and Lester Ruth
Bought by
Lester Mark and Lester Ruth
Current Estimated Value
$2,531,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$521,000
Outstanding Balance
$496,531
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$2,056,003

Purchase Details

Closed on
Jan 29, 2021
Sold by
Lester Mark S and Lester Ruth B
Bought by
Lester Mark and Lester Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 19, 2020
Closed on
Oct 27, 2020
Sold by
Kitchen Don M and Kitchen Janice C
Bought by
Lester Mark and Lester Ruth
Seller's Agent
Thomas Gibson
THE WRIGHT ASSOCIATED COMPANIES
Buyer's Agent
Sophie Formby
COLDWELL BANKER SKY RIDGE REALTY
List Price
$1,890,000
Sold Price
$1,850,000
Premium/Discount to List
-$40,000
-2.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.75%

Purchase Details

Closed on
Mar 31, 2010
Sold by
Kitchen Don M
Bought by
Kitchen Don M and Kitchen Janice C

Purchase Details

Closed on
Jun 25, 2003
Sold by
Zeff Richard A
Bought by
Kitchen Don M and Kitchen Janice C

Purchase Details

Closed on
May 14, 2002
Sold by
Cesare James Frank
Bought by
Zeff Richard A and Zeff Helen

Purchase Details

Closed on
Mar 20, 2000
Sold by
Cesare Lori Dee
Bought by
Cesare James Frank

Purchase Details

Closed on
Mar 17, 1998
Sold by
Cesare Frank J Tr
Bought by
Cesare James Frank

Purchase Details

Closed on
Aug 9, 1996
Sold by
Shore Stephen B and Shore Trudy M
Bought by
Cesare Frank J and The Frank J Cesare Trust
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
Lester Mark -- Accommodation
Lester Mark -- Chicago Title Company
Lester Mark -- Accommodation
Lester Mark -- Chicago Title Company
Lester Mark $1,850,000 First American Title
Kitchen Don M -- None Available
Kitchen Don M -- None Available
Kitchen Don M $250,000 Commonwealth Title
Zeff Richard A $250,000 Commonwealth Land Title Co
Cesare James Frank -- Chicago Title
Cesare James Frank -- Chicago Title
Cesare Frank J $130,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lester Mark $521,000
Closed Lester Mark $548,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2020 11/23/20 Sold $1,850,000 -2.1% $371 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
10/19/2020 10/19/20 For Sale $1,890,000 -- $379 / 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 $18,961 $1,813,073 $324,729 $1,488,344
2024 $18,961 $1,777,523 $318,362 $1,459,161
2023 $18,776 $1,742,670 $312,120 $1,430,550
2022 $18,388 $1,708,500 $306,000 $1,402,500
2021 $18,185 $1,675,000 $300,000 $1,375,000
2020 $13,983 $1,267,758 $208,009 $1,059,749
2019 $13,603 $1,242,900 $203,930 $1,038,970
2018 $13,244 $1,218,529 $199,931 $1,018,598
2017 $12,991 $1,194,636 $196,011 $998,625
2016 $12,725 $1,171,212 $192,168 $979,044
2015 $12,860 $1,153,619 $189,281 $964,338
2014 $12,369 $1,131,021 $185,573 $945,448
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20220369

California Regional Multiple Listing Service (CRMLS)

APN: 0333-546-06