NOT LISTED FOR SALE

28780 Palisades Dr Lake Arrowhead, CA 92352

Estimated Value: $1,503,000 - $2,079,327

3 Beds
3.5 Baths
2,848 Sq Ft
$643/Sq Ft Est. Value

Last Sold June 05, 2018

Last sale price $1,350,000 $474 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $11,132/month

13 Days on Market

Highlights

  • Access To Lake
  • Cottage
  • Landscaped
  • Lake View
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of June 2018

Romantic Lakefront Lodge...Just like in the Movies...rough scraped half log walls, hewn Beams, Fireplace, Nooks & Crannies everywhere w/ high end Designer Flair. Explosive Lakeviews from all Rooms. Kitchen restored w/exceptional appliances, 6 Burner AGA Range, Center Island w/ every amenity including Trompe L'oeil of whimsical mountain animal characters. Not just another Cabin--High End State of the Art Media/Family Room w/6 chair Granite professional Bar, Hickory Floors & Pool Table! Master Suite not huge but sensuous featuring Copper Tub & enclosed custom Steam Shower! 2 grandscale Entertaining Decks w/drop dead Lakeviews & outdoor Spa. Easy access to Single Slip Dock, Dock House w/water, electricity & Expansive Entertaining Space!! 3 Bedrooms & 3 Bathrooms, Gym w/Surround Sound & mirrored Walls. Central Air & Heat. Security. Surround Sound throughout. OFFERED TOTALLY FURNISHED! Dock w/Hydraulic Lift & Canopy. Tram enables Lodge to be close to the Water! Live Outdoors! Move right in!

Last Agent to Sell the Property

Lynne Wilson

LYNNE B WILSON & ASSOCIATES Listed on: 04/23/2018

Last Buyer's Agent

Lynne Wilson

LYNNE B WILSON & ASSOCIATES Listed on: 04/23/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,719

Year Built

  • Built in 1961

Lot Details

  • 8,400 Sq Ft Lot
  • Landscaped

Home Design

  • Cottage
  • Composition Roof

Interior Spaces

  • 2,848 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Lake Views

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • Parking Available
  • Parking Deck

Outdoor Features

  • Access To Lake

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Community Details

  • Arrowhead Woods Subdivision

Listing and Financial Details

  • Tax Lot 41
  • Tax Tract Number 2283
  • Assessor Parcel Number 0331011550000

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,719

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Subdivision Name Other: Arrowhead Woods
  • View: Yes
  • Architectural Style: Cottage
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0331011550000
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2848.00
  • Stories: 2
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Price Per Square Foot: 474.02

Exterior Features

  • View: Lake
  • Roof: Composition

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop, Microwave, Refrigerator, Trash Compactor
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Additional Parcels: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 8400.00
  • Lot Size Acres: 0.1928

Multi Family

  • Lot Size Area: 8400.0000 Square Feet
  • Waterfront Features: Lake

Tax Info

  • Tax Lot: 41
  • Tax Tract Number: 2283

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2018
Closed on
May 8, 2018
Sold by
Martin Terry
Bought by
Cate Paul M and Cate Margaret M
Seller's Agent
Lynne Wilson
LYNNE B WILSON & ASSOCIATES
Buyer's Agent
Lynne Wilson
LYNNE B WILSON & ASSOCIATES
List Price
$1,350,000
Sold Price
$1,350,000
Current Estimated Value
$1,832,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$482,109
Avg. Annual Appreciation
4.29%
Original Mortgage
$1,080,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2013
Sold by
Martin Terrance S
Bought by
Martin Terrance S and Martin Melissa M

Purchase Details

Closed on
Aug 15, 2003
Sold by
Martin Terrance S
Bought by
Martin Terrance S and Martin Melissa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,000
Interest Rate
5.46%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 7, 2002
Sold by
Martin Terrance S
Bought by
Martin Terrance S and The Terrance S Martin Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
7.01%

Purchase Details

Closed on
Aug 7, 2001
Sold by
Martin Terrance S
Bought by
Martin Terrance S and The Terrance S Martin Trust

Purchase Details

Closed on
Oct 4, 2000
Sold by
Gaw John L
Bought by
Martin Terry and Martin Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
7.96%

Purchase Details

Closed on
May 9, 1997
Sold by
Ba Properties Inc
Bought by
Gaw John L and Gaw Colleen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
8.14%

Purchase Details

Closed on
Feb 23, 1996
Sold by
Sherman Van H
Bought by
Ban Properties Inc
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
Cate Paul M $1,350,000 Stewart Title
Martin Terrance S -- None Available
Martin Terrance S -- None Available
Martin Terrance S -- --
Martin Terrance S -- First American Title
Martin Terrance S -- First American Title
Martin Terrance S -- --
Martin Terrance S -- --
Martin Terry $490,000 Commonwealth Land Title Co
Gaw John L $290,000 American Title
Ban Properties Inc $242,500 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cate Paul M $1,049,000
Closed Cate Paul M $1,080,000
Previous Owner Martin Terrance S $302,000
Previous Owner Martin Terrance S $300,700
Previous Owner Martin Terry $392,000
Previous Owner Gaw John L $261,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2018 06/05/18 Sold $1,350,000 0.0% $474 / Sq Ft
05/06/2018 05/06/18 Pending -- -- --
04/23/2018 04/23/18 For Sale $1,350,000 -- $474 / 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 $14,719 $1,393,842 $853,373 $540,469
2024 $14,719 $1,366,512 $836,640 $529,872
2023 $14,576 $1,339,717 $820,235 $519,482
2022 $14,277 $1,313,448 $804,152 $509,296
2021 $14,120 $1,287,694 $788,384 $499,310
2020 $14,131 $1,274,490 $780,300 $494,190
2019 $13,749 $1,249,500 $765,000 $484,500
2018 $6,971 $616,816 $364,191 $252,625
2017 $6,843 $604,722 $357,050 $247,672
2016 $6,708 $592,865 $350,049 $242,816
2015 $6,870 $583,960 $344,791 $239,169
2014 $6,528 $572,521 $338,037 $234,484
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RW2180657

California Regional Multiple Listing Service (CRMLS)

APN: 0331-011-55