NOT LISTED FOR SALE

28888 Cedar Dr Lake Arrowhead, CA 92352

Estimated Value: $654,000 - $746,000

3 Beds
1.5 Baths
1,660 Sq Ft
$417/Sq Ft Est. Value

Last Sold February 08, 2022

Last sale price $665,000 $401 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,254/month

117 Days on Market

Highlights

  • Lake Privileges
  • Near a National Forest
  • Laundry Room
  • Mountain View
  • No HOA
  • Jack-and-Jill Bathroom

About This Home

As of February 2022

REDESIGNED & REIMAGINED!! Pay no attention to the days on market -- this property was placed on hold while the seller executed some design updates and is now available as of 12/25. This one of a kind enchanting cottage is located in the exclusive Palisades neighborhood & features a complete level parking/entry, LAKE RIGHTS, and is walking distance to gorgeous Lake Arrowhead. Pleasantly updated so as to not distract from the natural beauty and architectural stylings of this modified A-frame ... you'll instantly fall in love with its beautiful and modern design. There are 3 levels to this stunning home - each with its own viewing deck looking out to the mountain skies & magical forest. The main entry level has a covered front porch and welcomes you into an open living area with exposed beams, expansive windows, french doors to the roomy deck, and bay windows that would be great for a dedicated sitting or lounging space. A charming dining area is still in view of the expansive front windows & is adjacent to the updated kitchen - which makes for a great place to interact with the "kitchen happenings" or soak in that gorgeous forest view. The kitchen contains all new appliances, a garden window and stunning new modern touches. There is also an updated 1/2 bath on the main level that's located next to the intricate staircase leading to the lower levels. The second floor features 2 spacious bedrooms that each have their own large walk-in closets, as well as a jack & jill bathroom that highlights a two sink vanity, beautifully tiled flooring and full laundry hookups. One of the bedrooms features its own viewing deck - perfect for those private moments under the stars. We still have one more floor to go & this bedroom has lots of potential for various uses! It could easily be used for multi-generational living, a master suite, a game room ... or even rental possibilities! You could use this large bedroom in a multitude of ways - but one thing is certain ... it's light & bright - with its own glass slider to yet another viewing deck and this one has access to the grounds. Whatever your LAKE RIGHTS mountain needs are ... you'll be sure to find them in this enchanting home - all priced for under $600k. Come view this spectacular Lake Arrowhead home today!

Last Agent to Sell the Property

Chris Crow

Tower Agency License #02071672 Listed on: 09/10/2021

Tower Agency

Last Buyer's Agent

Chris Davis

eXp Realty of California Inc License #01944548

eXp Realty of California Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1983

Lot Details

  • 3,537 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LA/RS-14M

Interior Spaces

  • 1,660 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • Jack-and-Jill Bathroom
  • Quartz Bathroom Countertops

Parking

  • Parking Available
  • Parking Deck

Outdoor Features

  • Lake Privileges

Utilities

  • Central Heating
  • Natural Gas Connected
  • Phone Available

Listing and Financial Details

  • Tax Lot 86
  • Tax Tract Number 2262
  • Assessor Parcel Number 0331035050000
  • $551 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Near a National Forest

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LA/RS-14M
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0331035050000
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1660.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 400.60
  • Room Type: All Bedrooms Down, Jack & Jill
  • Bathroom Features: Quartz Counters, Remodeled

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Deck

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Blm/National Forest

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3537.00
  • Lot Size Acres: 0.0812

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3537.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Lake Privileges

Tax Info

  • Tax Census Tract: 109.02
  • Tax Lot: 86
  • Tax Tract Number: 2262
  • TaxOtherAnnualAssessmentAmount: 551.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Jan 27, 2022
Sold by
Breckenridge Property Fund 2016 Llc
Bought by
Toon Christopher and Toon Kaitlin Elizabeth
Seller's Agent
Chris Crow
Tower Agency
Buyer's Agent
Chris Davis
eXp Realty of California Inc
List Price
$599,900
Sold Price
$665,000
Premium/Discount to List
$65,100
10.85%
Current Estimated Value
$692,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,748
Avg. Annual Appreciation
1.05%
Original Mortgage
$532,000
Outstanding Balance
$493,401
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$199,347

Purchase Details

Listed on
Apr 15, 2021
Closed on
Apr 28, 2021
Sold by
Cabigas Trust and Cabigas Jose R
Bought by
Breckenridge Property Fund 201
Seller's Agent
Tami Lewis
COLDWELL BANKER SKY RIDGE REALTY
Buyer's Agent
Out Of Area Agent
Out Of Area Office
List Price
$459,000
Sold Price
$471,500
Premium/Discount to List
$12,500
2.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.17%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Toon Christopher $665,000 Wfg National Title
Breckenridge Property Fund 201 $471,500 Wfg National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Toon Christopher $532,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/08/2022 02/08/22 Sold $665,000 +10.9% $401 / Sq Ft
01/05/2022 01/05/22 Pending -- -- --
12/25/2021 12/25/21 For Sale $599,900 -9.8% $361 / Sq Ft
09/28/2021 09/28/21 Off Market $665,000 -- --
09/10/2021 09/10/21 For Sale $599,900 +27.2% $361 / Sq Ft
05/10/2021 05/10/21 Sold $471,500 +2.7% $284 / Sq Ft View Prior Sale
04/24/2021 04/24/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $459,000 -- $277 / 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 $7,636 $705,703 $141,140 $564,563
2024 $7,636 $691,866 $138,373 $553,493
2023 $7,561 $678,300 $135,660 $542,640
2022 $5,457 $480,930 $76,500 $404,430
2021 $3,002 $247,465 $54,459 $193,006
2020 $3,001 $244,928 $53,901 $191,027
2019 $2,927 $240,125 $52,844 $187,281
2018 $2,948 $235,417 $51,808 $183,609
2017 $2,899 $230,801 $50,792 $180,009
2016 $2,848 $226,275 $49,796 $176,479
2015 $2,822 $222,876 $49,048 $173,828
2014 $2,779 $218,510 $48,087 $170,423
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV21199656

California Regional Multiple Listing Service (CRMLS)

APN: 0331-035-05