NOT LISTED FOR SALE

31133 Outer Highway 18 S Running Springs, CA 92382

Estimated Value: $935,000 - $1,076,000

12 Beds
12 Baths
4,472 Sq Ft
$225/Sq Ft Est. Value

Last Sold December 21, 2021

Last sale price $865,000 $193 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,505/month

16 Days on Market

Highlights

  • View of Trees or Woods
  • Property is near public transit
  • Hiking Trails
  • Near a National Forest
  • No HOA
  • Laundry Room

About This Home

As of December 2021

Prosperity Unleashed. Four separate single story and detached homes on one parcel. All four homes are rented. All three bedroom homes. Two homes have two full baths and two homes have 1.75 baths. Many substantial improvements by current owner. Location is about halfway between Sky Park and Snow Valley.

Goodwins Market for Groceries in town and also Stater Bros. Market at Lake Arrowhead Village. All units are separately metered utilities.
FHA loan may be available with low down. Check with your lender on regarding FHA owner occupancy mandates that may apply to FHA loan requirements. Check with your lender. Check with your lender for any and all requirements.

Keep it all rented as your own cash cow, live in one and continue to rent the other homes or use them all for one big happy family. Breakdown on leases, expenses and improvements available.

Do not disturb tenants. Ask your agent to schedule a showing in advance.

Last Listed By

Ken Hunter

RE/MAX ADVANTAGE License #01156823 Listed on: 10/18/2021

RE/MAX ADVANTAGE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,163

Year Built

  • Built in 1979

Lot Details

  • 0.33 Acre Lot
  • Property fronts a county road
  • No Common Walls
  • Rural Setting
  • Rectangular Lot
  • Paved or Partially Paved Lot

Home Design

  • Quadruplex

Interior Spaces

  • 4,472 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Zero Clearance Fireplace
  • Living Room with Fireplace
  • Views of Woods
  • Laundry Room
  • Basement

Bedrooms and Bathrooms

  • 12 Bedrooms | 3 Main Level Bedrooms

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Central Heating
  • Overhead Utilities

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 5086
  • Assessor Parcel Number 0328202270000

Community Details

Overview

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

Recreation

  • Hiking Trails
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,163

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Structure Type: Quadruplex
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: County Road
  • Road Surface Type: Maintained
  • View: Yes
  • Property Sub Type: Quadruplex
  • Property Type: Residential
  • Parcel Number: 0328202270000
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4472.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 10
  • Full And Three Quarter Bathrooms: 12
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 12
  • Fireplace Features: Living Room, Wood Burning, Zero Clearance
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 193.43
  • Room Type: All Bedrooms Down, Basement, Living Room, Main Floor Master Bedroom, Master Bathroom

Exterior Features

  • View: Trees/Woods
  • Pool Private: No

Utilities

  • 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, Hiking, Mountainous, Rural, Suburban

Schools

  • School District: Rim of the World

Lot Info

  • Elevation: 5967 Feet
  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Near Public Transit, Paved, Utilities - Overhead
  • Lot Size Sq Ft: 14400.00
  • Lot Size Acres: 0.3306

Multi Family

  • Lease Considered: No
  • Lot Size Area: 14400.0000 Square Feet
  • Number Of Units Total: 4

Tax Info

  • Tax Lot: 14
  • Tax Tract Number: 5086

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2021
Closed on
Nov 16, 2021
Sold by
Neiswender Kate M and The Kate M Neiswender Trust
Bought by
Eckley Cherie
Seller's Agent
Ken Hunter
RE/MAX ADVANTAGE
Buyer's Agent
Ken Hunter
RE/MAX ADVANTAGE
List Price
$925,000
Sold Price
$865,000
Premium/Discount to List
-$60,000
-6.49%
Total Days on Market
16
Current Estimated Value
$1,005,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,616
Avg. Annual Appreciation
4.54%
Original Mortgage
$648,750
Outstanding Balance
$601,411
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$404,205

Purchase Details

Listed on
Mar 29, 2016
Closed on
Sep 13, 2017
Sold by
Garvin Kirk S
Bought by
Neiswender Kate M
Seller's Agent
LINDA CHERNAN
Dustin Fenn, Broker
Buyer's Agent
Ken Hunter
RE/MAX LAKESIDE
List Price
$625,000
Sold Price
$585,000
Premium/Discount to List
-$40,000
-6.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.62%
Original Mortgage
$351,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2005
Sold by
Garvin Kirk S and Garvin Debra L
Bought by
Garvin Kirk S and Garvin Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
5.69%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 4, 1999
Sold by
Cedu Schools Inc
Bought by
Garvin Kirk S and Garvin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,619
Interest Rate
6.7%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 23, 1997
Sold by
Hilltop Institute Inc
Bought by
Cedu School Inc

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
Eckley Cherie $865,000 Wfg Title
Neiswender Kate M $585,000 Stewart Title Of Ca Inc
Garvin Kirk S -- Commonwealth Temecula
Garvin Kirk S $133,500 First American Title
Cedu School Inc -- --
Cedu School Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eckley Cherie $648,750
Previous Owner Neiswender Kate M $351,000
Previous Owner Garvin Kirk S $285,000
Previous Owner Garvin Kirk S $270,000
Previous Owner Garvin Kirk S $58,000
Previous Owner Garvin Kirk S $131,619
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2021 12/21/21 Sold $865,000 -3.4% $193 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
10/30/2021 10/30/21 Price Changed $895,000 -3.2% $200 / Sq Ft
10/18/2021 10/18/21 For Sale $925,000 +58.1% $207 / Sq Ft
09/18/2017 09/18/17 Sold $585,000 -6.4% --
08/03/2017 08/03/17 Pending -- -- --
03/29/2016 03/29/16 For Sale $625,000 -- --
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
2024 $11,163 $899,946 $72,828 $827,118
2023 $11,034 $882,300 $71,400 $810,900
2022 $8,017 $865,000 $70,000 $795,000
2021 $7,930 $614,939 $47,303 $567,636
2020 $7,930 $608,634 $46,818 $561,816
2019 $7,733 $596,700 $45,900 $550,800
2018 $7,306 $585,000 $45,000 $540,000
2017 $2,582 $178,308 $43,229 $135,079
2016 $2,515 $174,811 $42,381 $132,430
2015 $2,811 $172,185 $41,744 $130,441
2014 $2,447 $168,812 $40,926 $127,886
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV21230957

California Regional Multiple Listing Service (CRMLS)

APN: 0328-202-27