NOT LISTED FOR SALE

28955 Potomac Dr Lake Arrowhead, CA 92352

Estimated Value: $829,000 - $1,051,000

4 Beds
2.5 Baths
3,125 Sq Ft
$306/Sq Ft Est. Value

Last Sold October 03, 2019

Last sale price $625,000 $200 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $5,649/month

451 Days on Market

Highlights

  • Home Theater
  • Near a National Forest
  • Granite Countertops
  • View of Trees or Woods
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of October 2019

Welcome to your mountain retreat with lake rights!! Yes lake rights! This impeccably maintained custom-built home will impress you with it's grand entrance featuring stained glass double doors & stone floor. Once inside, get swept away with the views from the living room with vaulted ceilings, hardwood floors & jaw dropping floor-to-ceiling rock fireplace. Your gourmet eat-in kitchen is equipped with stainless steel appliances and granite countertops. There's a formal dining room, home office, media room with a fireplace, wet bar, clean 3-car garage with a workshop, all in addition to the 3 large bedrooms and main floor master suite with a deck, jetted tub, vanity, dual glass shower, & large closets.$25,000 whole house audio/video distribution system. 3kw *paid for* solar array. 8kw automatic generator. Smart home switches, thermostat that interface with Alexa audio commands *"Alexa turn on driveway lights"*. Prewired for hot tub on back deck. If that wasn't enough, fall in love with the park-like setting. Your large flat yard is set up with a deck to relax or BBQ while enjoying the great outdoors.

Last Agent to Sell the Property

Tayyab Khan

The Home Agency License #01919320 Listed on: 06/09/2018

Last Buyer's Agent

Angi Koster

REAL BROKER TECHNOLOGIES License #01499180

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 9,310 Sq Ft Lot
  • Rural Setting
  • Property is zoned LA/RS-14M

Parking

  • 3 Car Attached Garage

Property Views

  • Woods
  • Mountain
  • Neighborhood

Home Design

  • Composition Roof

Interior Spaces

  • 3,125 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Living Room with Fireplace
  • Home Theater
  • Home Office
  • Granite Countertops
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main

Schools

  • Lake Arrowhead Elementary School
  • Rim Of The World High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 152
  • Tax Tract Number 7933
  • Assessor Parcel Number 0331395120000

Community Details

Overview

  • No Home Owners Association
  • Near a National Forest
  • Mountainous Community

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LA/RS-14M
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0331395120000
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3125.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 200.00
  • Room Type: Formal Entry, Laundry, Main Floor Master Bedroom, Media Room, Office
  • Room Kitchen Features: Granite Counters

Exterior Features

  • View: Mountain(s), Neighborhood, Trees/Woods
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • Elementary School: Lake Arrowhead
  • High School: Rim Of The World
  • Elementary School #2: LAKARR
  • High School2: ROTW

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 9310.00
  • Lot Size Acres: 0.2137

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9310.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 109.01
  • Tax Lot: 152
  • Tax Tract Number: 7933

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2018
Closed on
Sep 18, 2019
Sold by
Wood John Travis Ian and Wood Simone Lynette
Bought by
Pumerantz Richard K and Pumerantz Brigitta D
Seller's Agent
Tayyab Khan
The Home Agency
Buyer's Agent
Angi Koster
REAL BROKER TECHNOLOGIES
List Price
$650,000
Sold Price
$625,000
Premium/Discount to List
-$25,000
-3.85%
Current Estimated Value
$962,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,210
Avg. Annual Appreciation
7.04%
Original Mortgage
$484,350
Outstanding Balance
$423,378
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$533,949

Purchase Details

Closed on
Mar 9, 2016
Sold by
Wood John Travis Ian and Wood Simone Lynette
Bought by
The John Travis Ian Wood & Simone Lynett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2016
Sold by
Wood John Travis Ian and Wood Simone Lynette
Bought by
Wood John Travis Ian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2009
Sold by
Wood Travis I and Wood Simone L
Bought by
Wood John Travis Ian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2009
Sold by
Wood John Travis Ian and Wood Simone L
Bought by
Wood John Travis Lan

Purchase Details

Closed on
May 16, 2006
Sold by
Spoeneman Robert F and Spoeneman Susan I
Bought by
Wood Travis I

Purchase Details

Closed on
Sep 29, 1998
Sold by
Holmes Robert F and Holmes Susan I
Bought by
Spoeneman Robert F

Purchase Details

Closed on
Jun 13, 1996
Sold by
Holmes Robert T and Holmes Emma E
Bought by
Spoeneman Robert F

Purchase Details

Closed on
Dec 2, 1994
Sold by
Holmes Robert T and Holmes Emma E
Bought by
Holmes Robert T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pumerantz Richard K $625,000 First American Title Company
The John Travis Ian Wood & Simone Lynett -- Accommodation
Wood John Travis Ian -- First American Title Company
Wood John Travis Ian -- None Available
Wood Travis I -- Cctn Pasadena Title
Wood John Travis Lan -- None Available
Wood Travis I $80,000 Commonwealth Land Title
Spoeneman Robert F -- --
Spoeneman Robert F $35,000 Commonwealth Land Title Co
Holmes Robert T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pumerantz Richard K $484,350
Previous Owner Wood John Travis Ian $390,000
Previous Owner Wood Travis I $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2019 10/03/19 Sold $625,000 -3.8% $200 / Sq Ft
09/03/2019 09/03/19 Pending -- -- --
06/09/2018 06/09/18 For Sale $650,000 -- $208 / 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 $7,408 $683,530 $136,706 $546,824
2024 $7,408 $670,127 $134,025 $536,102
2023 $7,335 $656,987 $131,397 $525,590
2022 $7,186 $644,105 $128,821 $515,284
2021 $7,107 $631,475 $126,295 $505,180
2020 $7,109 $625,000 $125,000 $500,000
2019 $7,214 $647,000 $129,000 $518,000
2018 $6,987 $625,300 $125,100 $500,200
2017 $6,672 $595,508 $119,144 $476,364
2016 $6,307 $561,800 $112,400 $449,400
2015 $6,147 $530,000 $106,000 $424,000
2014 $5,643 $495,900 $99,300 $396,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG18132020

California Regional Multiple Listing Service (CRMLS)

APN: 0331-395-12