NOT LISTED FOR SALE

28790 Palisades Dr Lake Arrowhead, CA 92321

Estimated Value: $2,377,000 - $2,682,000

5 Beds
4.5 Baths
3,119 Sq Ft
$822/Sq Ft Est. Value

Last Sold September 21, 2021

Last sale price $2,500,000 $802 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $15,977/month

47 Days on Market

Highlights

  • Access To Lake
  • 2 Car Attached Garage
  • Central Heating and Cooling System
  • Lake View
  • Laundry Room
  • Wood Burning Fireplace

About This Home

As of September 2021

Rare all season level entry Lakefront in sought after Palisades! Room for everyone! 5 Bedrooms, 4.5 Baths including one with a jetted tub! Family/game room, two car attached garage and parking. Enjoy your lake views from many vantage points while you are away from your private Single Slip dock that is included too! Dock also features an entertaining patio & nearby bathroom for easy summer fun! Tucked in the trees with a cabin ambiance for a serene feeling of privacy. All this on over 14,000 Sq. Ft. Lot.. Life at the lake couldn't be better than here!

Last Agent to Sell the Property

Mary Vail

RE/MAX LAKESIDE License #00815268 Listed on: 07/16/2021

RE/MAX LAKESIDE

Last Buyer's Agent

SUEELLEN KNAPP

KELLER WILLIAMS REALTY License #01215338

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,403

Year Built

  • Built in 1966

Lot Details

  • 0.33

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Parking Deck
  • Off-Street Parking

Property Views

  • Lake
  • Woods

Home Design

  • Composition Roof

Interior Spaces

  • 3,119 Sq Ft Home
  • 3-Story Property
  • Wood Burning Fireplace
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Access To Lake
  • 0.33 Acre Lot

Community Details

  • Arrowhead Woods Subdivision

Listing and Financial Details

  • Tax Lot 46 & 47
  • Tax Tract Number 2283
  • Assessor Parcel Number 0331011590000

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,403

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Subdivision Name Other: Arrowhead Woods
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0331011590000
  • Year Built: 1966
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3119.00
  • Stories: 3
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning
  • Price Per Square Foot: 801.54

Exterior Features

  • View: Lake, Trees/Woods
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Off Street, Deck
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Water Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Refrigerator
  • Heating Type: Central
  • Laundry Features: In Garage
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 14490.00
  • Lot Size Acres: 0.3326

Multi Family

  • Lot Size Area: 14490.0000 Square Feet
  • Waterfront Features: Lake

Tax Info

  • Tax Lot: 46 & 47
  • Tax Tract Number: 2283

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Aug 27, 2021
Sold by
Shirazi Desmund and Shirazi Lan
Bought by
Mccrary Michael J and Mccrary Alison B
Seller's Agent
Mary Vail
RE/MAX LAKESIDE
Buyer's Agent
SUEELLEN KNAPP
KELLER WILLIAMS REALTY
List Price
$2,600,000
Sold Price
$2,500,000
Premium/Discount to List
-$100,000
-3.85%
Current Estimated Value
$2,564,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,059
Avg. Annual Appreciation
0.64%
Original Mortgage
$1,250,000
Outstanding Balance
$1,138,218
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,425,841

Purchase Details

Closed on
Feb 11, 2021
Sold by
Shirazi Lan and The Shirazi Family Trust
Bought by
Shizari Desmund and Shirazi Lan

Purchase Details

Closed on
May 19, 2020
Sold by
Shirazi Desmund and Shirazi Lan
Bought by
Shirazi Desmund and Shirazi Lan

Purchase Details

Closed on
Jul 7, 2006
Sold by
Werner Patrick Stephen
Bought by
Shirazi Desmund and Shirazi Lan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2000
Sold by
Morris Edgar E
Bought by
Werner Patrick Stephen and Werner Mary Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.5%
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
Mccrary Michael J $2,500,000 First American Title Company
Shizari Desmund $600,000 None Available
Shirazi Desmund $600,000 None Available
Shirazi Desmund -- None Available
Shirazi Lan -- None Available
Shirazi Desmund $1,380,000 First American
Werner Patrick Stephen $668,500 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccrary Michael J $1,250,000
Previous Owner Shirazi Desmund $380,000
Previous Owner Werner Patrick Stephen $493,000
Previous Owner Werner Patrick Stephen $499,900
Previous Owner Werner Patrick Stephen $500,000
Previous Owner Werner Patrick Stephen $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2021 09/21/21 Sold $2,500,000 -3.8% $802 / Sq Ft
09/01/2021 09/01/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $2,600,000 -- $834 / 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 $24,403 $2,197,300 $1,198,500 $998,800
2024 $24,403 $2,288,880 $1,248,480 $1,040,400
2023 $24,167 $2,244,000 $1,224,000 $1,020,000
2022 $22,514 $2,200,000 $1,200,000 $1,000,000
2021 $17,291 $1,584,335 $990,210 $594,125
2020 $17,305 $1,568,090 $980,057 $588,033
2019 $16,835 $1,537,343 $960,840 $576,503
2018 $16,363 $1,507,199 $942,000 $565,199
2017 $16,050 $1,477,646 $923,529 $554,117
2016 $15,721 $1,448,673 $905,421 $543,252
2015 $15,551 $1,426,913 $891,821 $535,092
2014 $15,281 $1,398,961 $874,351 $524,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RW2301250

California Regional Multiple Listing Service (CRMLS)

APN: 0331-011-59