$350,000
SOLD SEP 13, 2019

27942 Rainbow Dr Lake Arrowhead, CA 92352

3 Beds
3 Baths
1,154 Sq Ft
7,125 Sq Ft Lot

Recently Sold

$303 Per Sq Ft

4% Below List Price

6 Days on Market

Highlights

  • View of Trees or Woods
  • Fireplace
  • Central Heating
  • Wood Burning Stove
  • Laundry Room

About This Home

As of April 2022

Somewhere over on Rainbow...way up high...there's the perfect mountain cabin just waiting for you to escape from city life. The main house has 2 bedrooms and 2 baths. Downstairs is a studio apartment with kitchenette and its own entrance. Over 1000 sq ft of freshly stained deck surrounded by pines to enjoy the outdoors and crisp mountain air. Insulated shed has electricity and is cable ready making the perfect Man Cave/She Shed! Property is walking distance to the Lake Arrowhead Village. Easy access with almost flat driveway and ample covered parking. Lake rights! Only 90 minutes from Los Angeles but feels a world away.

Last Agent to Sell the Property

Will Rahill

KELLER WILLIAMS BIG BEAR Listed on: 08/30/2019

Last Buyer's Agent

Will Rahill

KELLER WILLIAMS BIG BEAR Listed on: 08/30/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,966

Year Built

  • Built in 1968

Lot Details

  • 7,125 Sq Ft Lot

Home Design

  • Composition Roof

Interior Spaces

  • 1,154 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Wood Burning Stove
  • Views of Woods
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Carport
  • Parking Available
  • Parking Deck

Utilities

  • Central Heating
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • Arrowhead Woods Subdivision

Listing and Financial Details

  • Tax Lot 92
  • Tax Tract Number 2500
  • Assessor Parcel Number 0335092010000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,966

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Subdivision Name Other: Arrowhead Woods
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0335092010000
  • Year Built: 1968
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1154.00
  • Stories: 2
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Stove Insert
  • Price Per Square Foot: 303.29

Exterior Features

  • View: Trees/Woods
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking: Yes
  • Parking Features: Carport, Deck

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Water Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Cooktop
  • Heating Type: Central, Wood Stove
  • Water Source: Public

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 7125.00
  • Lot Size Acres: 0.1636

Multi Family

  • Lot Size Area: 7125.0000 Square Feet

Tax Info

  • Tax Lot: 92
  • Tax Tract Number: 2500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2022
Closed on
Mar 30, 2022
Sold by
Paul E Garber And Barbara N Garber Trust
Bought by
Boghossian Family Trust
Seller's Agent
Will Rahill
Keller Williams Big Bear
Buyer's Agent
Nonexistant Agent
List Price
$650,000
Sold Price
$695,200
Premium/Discount to List
$45,200
6.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.21%

Purchase Details

Listed on
Aug 30, 2019
Closed on
Sep 10, 2019
Sold by
Arutyunyan Rafael
Bought by
Garber Paul E
Seller's Agent
Will Rahill
KELLER WILLIAMS BIG BEAR
Buyer's Agent
Will Rahill
KELLER WILLIAMS BIG BEAR
List Price
$365,000
Sold Price
$350,000
Premium/Discount to List
-$15,000
-4.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.74%

Purchase Details

Closed on
Feb 19, 2002
Sold by
Arutyunyan Vera
Bought by
Arutyunyan Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.04%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 5, 2002
Sold by
Tarr Robert C and Tarr Joanne
Bought by
Arutyunyan Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.04%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 3, 2001
Sold by
Mavyan Sedrak
Bought by
Tarr Robert C and Tarr Joanne

Purchase Details

Closed on
Sep 15, 2000
Sold by
Marquis Georgeanne K
Bought by
Mavyan Sedrak

Purchase Details

Closed on
Jul 13, 2000
Sold by
Mavyan Susan
Bought by
Mavyan Sedrak
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $695,500 Stewart Title
Grant Deed $350,000 Stewart Title Of Ca Inc
Interfamily Deed Transfer -- First American Title
Grant Deed $160,000 First American Title
Grant Deed $150,000 Fidelity National Title Ins
Grant Deed -- First American Title
Grant Deed $115,000 First American Title
Interfamily Deed Transfer -- First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $131,000 New Conventional
Previous Owner $175,000 Unknown
Previous Owner $74,600 Credit Line Revolving
Previous Owner $144,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 Pending -- -- --
07/02/2025 07/02/25 Price Changed $650,000 -9.7% $447 / Sq Ft
06/02/2025 06/02/25 Price Changed $720,000 -7.1% $495 / Sq Ft
05/06/2025 05/06/25 For Sale $775,000 +11.5% $533 / Sq Ft
04/04/2022 04/04/22 Sold $695,200 +3.0% $602 / Sq Ft
03/25/2022 03/25/22 Pending -- -- --
03/22/2022 03/22/22 Price Changed $675,000 +3.8% $585 / Sq Ft
03/07/2022 03/07/22 For Sale $650,000 +85.7% $563 / Sq Ft
09/13/2019 09/13/19 Sold $350,000 -4.1% $303 / Sq Ft
09/05/2019 09/05/19 Pending -- -- --
08/30/2019 08/30/19 For Sale $365,000 -- $316 / 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 $7,966 $737,752 $147,550 $590,202
2024 $7,966 $723,286 $144,657 $578,629
2023 $7,888 $709,104 $141,821 $567,283
2022 $4,183 $360,699 $72,140 $288,559
2021 $4,137 $353,626 $70,725 $282,901
2020 $4,136 $350,000 $70,000 $280,000
2019 $2,789 $234,251 $52,973 $181,278
2018 $2,813 $229,658 $51,934 $177,724
2017 $2,766 $225,155 $50,916 $174,239
2016 $2,716 $220,741 $49,918 $170,823
2015 $2,738 $217,425 $49,168 $168,257
2014 $2,648 $213,166 $48,205 $164,961
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RW2191606

California Regional Multiple Listing Service (CRMLS)

APN: 0335-092-01