NOT LISTED FOR SALE

388 Hemlock Dr Lake Arrowhead, CA 92352

Estimated Value: $460,000 - $599,000

3 Beds
1.5 Baths
949 Sq Ft
$550/Sq Ft Est. Value

Last Sold June 21, 2018

Last sale price $272,500 $287 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,023/month

16 Days on Market

Highlights

  • Golf Course Community
  • Near a National Forest
  • Wooded Lot
  • View of Trees or Woods
  • Multi-Level Bedroom
  • No HOA

About This Home

As of June 2018

MULTIPLE OFFER NOTICE - Seller has already received numerous offers & is requesting "Highest/Best" offers via online submission method from all interested parties through their Buyer's agent no later than 1:00 PM PST on 05/29/2018. Charming mountain home in need of extensive repairs as no updating/upgrading ever been done since built in 1940. Very popular neighborhood close to Lake Arrowhead with "lake rights". Good potential. Offered "AS-IS" with no inspections, reports or repairs offered by Seller.

Last Agent to Sell the Property

Craig Kudrle

SHEAR REALTY License #00776563 Listed on: 05/17/2018

SHEAR REALTY

Last Buyer's Agent

Craig Kudrle

SHEAR REALTY License #00776563 Listed on: 05/17/2018

SHEAR REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 4,800 Sq Ft Lot
  • Gentle Sloping Lot
  • Wooded Lot
  • Property is zoned LA/RS-14M

Home Design

  • Composition Roof

Interior Spaces

  • 949 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Views of Woods

Kitchen

  • Gas Oven
  • Gas Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Multi-Level Bedroom

Utilities

  • Sewer Assessments

Listing and Financial Details

  • Tax Lot 61
  • Tax Tract Number 2272
  • Assessor Parcel Number 0331024060000

Community Details

Overview

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

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LA/RS-14M
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0331024060000
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 949.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 287.14
  • Room Type: Kitchen, Living Room, Multi-Level Bedroom

Exterior Features

  • View: Trees/Woods
  • Pool Private: No
  • Roof: Composition

Utilities

  • Laundry: No
  • Appliances: Gas Oven, Gas Cooktop
  • Sewer: Sewer Assessments
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Gentle Sloping, Treed Lot
  • Lot Size Sq Ft: 4800.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 109.02
  • Tax Lot: 61
  • Tax Tract Number: 2272

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2022
Sold by
Murray Susan Ann
Bought by
Murray Family Trust
Current Estimated Value
$521,817

Purchase Details

Closed on
Jan 7, 2021
Sold by
Choi David A
Bought by
Choi David A and David A Choi Trust

Purchase Details

Listed on
May 17, 2018
Closed on
Jun 14, 2018
Sold by
Murray Kevin C
Bought by
Murray Susan Ann
Seller's Agent
Craig Kudrle
SHEAR REALTY
Buyer's Agent
Craig Kudrle
SHEAR REALTY
List Price
$249,600
Sold Price
$272,500
Premium/Discount to List
$22,900
9.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.99%

Purchase Details

Listed on
May 17, 2018
Closed on
Jun 11, 2018
Sold by
Hsbc Bank Usa Na
Bought by
Choi David A and Murray Susan Ann
Seller's Agent
Craig Kudrle
SHEAR REALTY
Buyer's Agent
Craig Kudrle
SHEAR REALTY
List Price
$249,600
Sold Price
$272,500
Premium/Discount to List
$22,900
9.17%

Purchase Details

Closed on
Mar 21, 2017
Sold by
Ayon David and Ayon Ruth
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Apr 20, 2006
Sold by
Harrison Matthew and Harrison Gayle L
Bought by
Ayon David and Ayon Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,800
Interest Rate
8.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 2000
Sold by
Cervantes Richard H and Cervantes Laurie A
Bought by
Harrison Matthew and Harrison Gayle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,600
Interest Rate
8.01%

Purchase Details

Closed on
Jul 17, 1997
Sold by
Borba Craig E Dr and Borba Michele L
Bought by
Cervantes Richard H and Cervantes Laurie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,173
Interest Rate
7.42%
Mortgage Type
FHA
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
Murray Family Trust -- --
Choi David A -- None Available
Murray Susan Ann -- Servicelink
Choi David A -- Servicelink Title Company
Choi David A $272,500 Servicelink Title Company
Hsbc Bank Usa National Association $265,000 Accommodation
Ayon David $366,000 Fidelity National Title Co
Harrison Matthew $150,000 Fidelity National Title Ins
Cervantes Richard H $96,500 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ayon David $292,800
Previous Owner Harrison Matthew $119,600
Previous Owner Cervantes Richard H $96,173
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2018 06/21/18 Sold $272,500 +9.2% $287 / Sq Ft
06/02/2018 06/02/18 Pending -- -- --
05/17/2018 05/17/18 For Sale $249,600 -- $263 / 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 $3,564 $310,058 $62,580 $247,478
2024 $3,564 $303,978 $61,353 $242,625
2023 $3,528 $298,018 $60,150 $237,868
2022 $3,457 $292,175 $58,971 $233,204
2021 $3,419 $286,446 $57,815 $228,631
2020 $3,418 $283,509 $57,222 $226,287
2019 $3,333 $277,950 $56,100 $221,850
2018 $3,380 $249,900 $51,000 $198,900
2017 $3,453 $262,900 $52,800 $210,100
2016 $3,290 $248,000 $49,800 $198,200
2015 $3,321 $234,000 $47,000 $187,000
2014 $2,962 $218,900 $44,000 $174,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18124189

California Regional Multiple Listing Service (CRMLS)

APN: 0331-024-06