$695,200
SOLD APR 4, 2022

27942 Rainbow Dr Lake Arrowhead, CA 92352

3 Beds
3 Baths
1,154 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$602 Per Sq Ft

7% Above List Price

18 Days on Market

About This Home

As of April 2022

There's Gold at the end of this Rainbow! Formerly owned by a famed Ice Skating coach who just saw his Star athlete win Olympic gold- this delightful Mountain Cabin on a lovely Forested lot is walking distance to Lake Arrowhead village. The main house features new A Frame windows, 2 beds, 2 baths & a Wood Burning stove. The guest quarters on the lower level was originally built to house the former owner's star skaters as they trained at a local skating facility. There are over 1000Sq feet of decks surrounded by Pines to enjoy the fresh mountain air. The current owner has made many upgrades since it was last on the market including a generator, tankless water heater & new luxury flooring. The property also features an insulated shed w/electricity- full of possibilities as a workshop/storage, She Shed or Man Cave. Easy access from the main roads with an almost level driveway featuring a glass carport with plenty of parking. And, of course, full Lake rights included!

Last Agent to Sell the Property

Will Rahill

Keller Williams Big Bear License #01705202 Listed on: 03/07/2022

Keller Williams Big Bear

Last Buyer's Agent

Nonexistant Agent

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,966

Year Built

1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family
  • Architectural Style: Custom Design
  • Cross Street: Dolly Varden
  • Stories: Two Story
  • View: Neighbor&Tree View
  • Year Built: 1968

Interior Features

  • Appliances: Garbage Disposal, Gas Oven, Gas Range/Cooktop, Microwave, Refrigerator
  • Fireplace: FP In Liv Room
  • Dining Area: Breakfast Bar
  • Full Bathrooms: 1
  • Special Features: Cat/Vault/Beamed Ceil
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Room Count: 5
  • Total Sq Ft: 1154
  • Three Quarter Bathrooms: 2

Exterior Features

  • Frontage: Fronts Street
  • Outside Extras: Deck
  • Roads: Paved & Maintained
  • St Frontage: 120

Garage/Parking

  • Parking: Carport

Utilities

  • Cooling: Ceiling Fan
  • Heating: Cent Forced Air
  • Utilities: Electric Connected, Generator, Natural Gas Connected
  • Washer Dryer Hookups: Yes
  • Water Sewer: Sewer Connected, Water Meter In

Lot Info

  • Lot Size Sq Ft: 8420
  • Parcel Number: 0335-092-01-0000
  • Sec Side Lot Dim: 102
  • Three Side Lot Dim: 100
  • Topography: Downslope, Level

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: 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 $7,966 $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: Mountain Resort Communities Association of Realtors®

MLS Number: 32201412

Mountain Resort Communities Association of Realtors®

APN: 0335-092-01