NOT LISTED FOR SALE

28848 Cedar Dr Lake Arrowhead, CA 92352

Estimated Value: $494,620 - $890,000

2 Beds
2 Baths
899 Sq Ft
$688/Sq Ft Est. Value

Last Sold December 12, 2017

Last sale price $390,000 $434 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,698/month

81 Days on Market

Highlights

  • Lake View
  • Cottage
  • Central Heating

About This Home

As of December 2017

Charming vintage cabin with fantastic lake views from every room will transform you. Located in the coveted Palisades neighborhood of Lake Arrowhead, the Three Hearts cabin has vaulted beam ceiling, hardwood floors, new windows, new central heat and new exterior paint. This cozy get away is complete with wood-burning/gas fireplace and a spacious, newly stained deck to enjoy the close-up water views. House is sold furnished and turn key per inventory. Ready to enjoy instantly as an idyllic mountain retreat!

Last Agent to Sell the Property

Carolyn Fox

RE/MAX LAKESIDE Listed on: 09/15/2017

RE/MAX LAKESIDE

Last Buyer's Agent

Out Of Area Agent

Out Of Area Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,999

Year Built

  • Built in 1943

Lot Details

  • 3,200 Sq Ft Lot

Home Design

  • Cottage
  • Composition Roof

Interior Spaces

  • 899 Sq Ft Home
  • 2-Story Property
  • Lake Views
  • Gas Oven

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Central Heating
  • Cable TV Available

Community Details

  • Arrowhead Woods Subdivision

Listing and Financial Details

  • Tax Lot 67
  • Tax Tract Number 2262
  • Assessor Parcel Number 331032360000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,999

Year Built

Built in 1943

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: 331032360000
  • Year Built: 1943
  • Special Features: None

Interior Features

  • Living Area: 899.00
  • Stories: 2
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Price Per Square Foot: 433.82

Exterior Features

  • View: Lake
  • Roof: Composition

Garage/Parking

  • Attached Garage: No

Utilities

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

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 3200.00
  • Lot Size Acres: 0.0735

Multi Family

  • Lot Size Area: 3200.0000 Square Feet

Tax Info

  • Tax Lot: 67
  • Tax Tract Number: 2262

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2017
Closed on
Nov 8, 2017
Sold by
Morgan Lena M
Bought by
Cox Steven A and Cox Donna E
Seller's Agent
Carolyn Fox
RE/MAX LAKESIDE
Buyer's Agent
Out Of Area Agent
Out Of Area Office
List Price
$410,000
Sold Price
$390,000
Premium/Discount to List
-$20,000
-4.88%
Current Estimated Value
$618,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,405
Avg. Annual Appreciation
6.05%
Original Mortgage
$312,000
Outstanding Balance
$262,060
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$356,345

Purchase Details

Listed on
Apr 19, 2016
Closed on
Apr 25, 2016
Sold by
Watson James J
Bought by
Morgan Lena M and The Lena M Morgan Revocable Li
Seller's Agent
Nancy Ramsey
RE/MAX LAKESIDE
Buyer's Agent
Carolyn Fox
RE/MAX LAKESIDE
List Price
$349,000
Sold Price
$344,000
Premium/Discount to List
-$5,000
-1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.55%
Original Mortgage
$237,300
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2013
Sold by
Watson James J
Bought by
Watson James J and Bell Daniel

Purchase Details

Closed on
Sep 27, 1996
Sold by
Polk James D
Bought by
Watson James J and Bell Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,400
Interest Rate
8.11%

Purchase Details

Closed on
Jul 8, 1994
Sold by
Anderson Aaron K
Bought by
Polk James Davis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,200
Interest Rate
8.38%

Purchase Details

Closed on
Jan 13, 1994
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Anderson Aaron K and Anderson Jane M

Purchase Details

Closed on
Dec 6, 1993
Sold by
Cal Western Reconveyance Corp
Bought by
Federal Home Loan Mortgage Corporation
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
Cox Steven A $395,000 First American Title Company
Morgan Lena M $344,000 First American Title
Watson James J -- None Available
Watson James J $162,000 Continental Lawyers Title Co
Polk James Davis $149,000 Commonwealth Land Title Co
Anderson Aaron K $79,500 First American Title Ins Co
Federal Home Loan Mortgage Corporation $90,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cox Steven A $312,000
Previous Owner Morgan Lena M $237,300
Previous Owner Watson James J $113,400
Previous Owner Polk James Davis $119,200
Closed Watson James J $32,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/12/2017 12/12/17 Sold $390,000 -4.9% $434 / Sq Ft
12/05/2017 12/05/17 Pending -- -- --
09/15/2017 09/15/17 For Sale $410,000 +19.2% $456 / Sq Ft
06/02/2016 06/02/16 Sold $344,000 -1.4% -- View Prior Sale
04/21/2016 04/21/16 Pending -- -- --
04/19/2016 04/19/16 For Sale $349,000 -- --
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 $4,999 $449,443 $89,890 $359,553
2024 $4,999 $440,630 $88,127 $352,503
2023 $4,949 $431,990 $86,399 $345,591
2022 $4,849 $423,520 $84,705 $338,815
2021 $4,795 $415,216 $83,044 $332,172
2020 $4,795 $410,958 $82,192 $328,766
2019 $4,672 $402,900 $80,580 $322,320
2018 $4,631 $395,000 $79,000 $316,000
2017 $4,166 $350,880 $102,000 $248,880
2016 $2,738 $222,881 $89,428 $133,453
2015 $2,812 $219,533 $88,085 $131,448
2014 $2,744 $215,233 $86,360 $128,873
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RW2171759

California Regional Multiple Listing Service (CRMLS)

APN: 0331-032-36