NOT LISTED FOR SALE

40041 Forest Rd Big Bear, CA 92315

Estimated Value: $539,674 - $615,000

4 Beds
4 Baths
1,863 Sq Ft
$311/Sq Ft Est. Value

Last Sold August 17, 2023

Last sale price $585,000 $314 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,856/month

12 Days on Market

Highlights

  • Furnished
  • Cooling System Mounted To A Wall/Window
  • Mountainous Community
  • No HOA
  • Laundry Room
  • Central Heating

About This Home

As of August 2023

Amazing Location!! Good income! Triplex on the city of Big Bear Lake. 2 units, totally remodeled, with granite countertops, wood flooring. Unit 1 rented for $1800/month , Unit 2 $1100/ month and 1 unit can be long term tenant or AIRBNB or great vacation property. Great investment, live in one and rent the other units. Walking distance on Big Bear Lake and Big Bear Village. Enjoy summer activities with your family and friends, big bear lake. Onsite laundry and storage. No HOA.

Last Agent to Sell the Property

Lenie Siahaan

RE/MAX CHAMPIONS License #01750554 Listed on: 06/27/2023

RE/MAX CHAMPIONS

Last Buyer's Agent

Bruce Palencia

RE/MAX CHAMPIONS License #01772169

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 4,838 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Triplex
  • Entry on the 1st floor
  • Shingle Roof

Interior Spaces

  • 1,863 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Living Room with Fireplace
  • Laminate Flooring

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • Parking Available
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 15
  • Tax Tract Number 2407
  • Assessor Parcel Number 0307103230000
  • $1 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units
  • Mountainous Community

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $100
  • Fuel Expense $120
  • Insurance Expense $700
  • Trash Expense $100
  • Water Sewer Expense $240
  • Operating Expense $1,200
  • Gross Income $60,000
  • Net Operating Income $4,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Inclusions: all furnitures andappiances on unit 1
  • Property Attached: No
  • Water Sewer Expenses: 240.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 0307103230000
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Furnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 314.01
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned

Utilities

  • Utilities: Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 100.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Mountainous

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4838.00
  • Lot Size Acres: 0.1111

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average1 Bed Area: 450 Square Feet
  • Average2 Bed Area: 400 Square Feet
  • Average3 Bed Area: 688 Square Feet
  • Electric Expense: 100.00
  • Fuel Expense: 120.00
  • Gross Income: 60000.00
  • Gross Scheduled Income: 60000.00
  • Insurance Expense: 700.00
  • Lot Size Area: 4838.0000 Square Feet
  • Net Operating Income: 4000.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 300.00
  • Rent Control: No
  • Total Actual Rent: 2.00
  • Total Expenses: 1200.00

Tax Info

  • Tax Census Tract: 112.06
  • Tax Lot: 15
  • Tax Tract Number: 2407
  • TaxOtherAnnualAssessmentAmount: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2023
Closed on
Jul 13, 2023
Sold by
Tomines Investments Corp
Bought by
Rodas Bbstr Sugarloaf Llc
Seller's Agent
Lenie Siahaan
RE/MAX CHAMPIONS
Buyer's Agent
Bruce Palencia
RE/MAX CHAMPIONS
List Price
$575,000
Sold Price
$585,000
Premium/Discount to List
$10,000
1.74%
Views
63
Current Estimated Value
$579,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,831
Avg. Annual Appreciation
-0.42%
Original Mortgage
$438,750
Outstanding Balance
$428,322
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$150,847

Purchase Details

Listed on
Jan 1, 2022
Closed on
Mar 7, 2022
Sold by
Amora Morales Angelina
Bought by
Tomines Investments Corp
Seller's Agent
ASHLEY STUMP
KELLER WILLIAMS RIVERSIDE CENT
Buyer's Agent
HAILEY MASTERSON
COLDWELL BANKER KIVETT-TEETERS
List Price
$575,000
Sold Price
$535,000
Premium/Discount to List
-$40,000
-6.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%

Purchase Details

Listed on
May 3, 2018
Closed on
Aug 21, 2018
Sold by
Morales Richard
Bought by
Morales Angelina Amora
Seller's Agent
Elisabeth Ceja
Keller Williams Realty
Buyer's Agent
Sandra Guevara
Keller Williams Palos Verdes
List Price
$265,000
Sold Price
$240,000
Premium/Discount to List
-$25,000
-9.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.79%

Purchase Details

Closed on
Jun 21, 2018
Sold by
Zamora Francisco
Bought by
Morales Angelina Amora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 2, 2017
Sold by
Zamora Rosalba A
Bought by
Zamora Francisco

Purchase Details

Closed on
May 22, 2006
Sold by
Mesquit Frederick E and Mesquit Glenda Fern
Bought by
Zamora Francisco and Zamora Rosalba A

Purchase Details

Closed on
Apr 13, 2005
Sold by
Ketchum James W
Bought by
Mesquit Frederick E and Mesquit Glenda Fern

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
6.02%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 12, 1998
Sold by
Bernard Phillip J
Bought by
Ketchum James W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,000
Interest Rate
6.86%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rodas Bbstr Sugarloaf Llc $585,000 Chicago Title
Tomines Investments Corp $535,000 First American Title
Morales Angelina Amora -- Lawyers Title Company
Morales Angelina Amora $240,000 Lawyers Title
Zamora Francisco -- Lawyers Title
Zamora Francisco $276,500 Fidelity National Title Co
Mesquit Frederick E $279,000 Commonwealth Title
Ketchum James W -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodas Bbstr Sugarloaf Llc $438,750
Previous Owner Morales Angelina Amora $178,500
Previous Owner Mesquit Frederick E $244,000
Previous Owner Ketchum James W $9,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2023 08/17/23 Sold $585,000 +1.7% $314 / Sq Ft
07/09/2023 07/09/23 Pending -- -- --
06/27/2023 06/27/23 For Sale $575,000 +7.5% $309 / Sq Ft
04/06/2022 04/06/22 Sold $535,000 -4.5% $366 / Sq Ft View Prior Sale
02/28/2022 02/28/22 Pending -- -- --
02/01/2022 02/01/22 Price Changed $560,000 -2.6% $383 / Sq Ft
01/01/2022 01/01/22 For Sale $575,000 +139.6% $393 / Sq Ft
08/24/2018 08/24/18 Sold $240,000 -7.7% $163 / Sq Ft View Prior Sale
06/05/2018 06/05/18 Price Changed $259,900 0.0% $176 / Sq Ft
05/22/2018 05/22/18 Price Changed $260,000 -1.9% $177 / Sq Ft
05/03/2018 05/03/18 For Sale $265,000 -- $180 / 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 $9,853 $596,700 $147,900 $448,800
2024 $9,853 $585,000 $145,000 $440,000
2023 $9,128 $545,700 $147,900 $397,800
2022 $5,637 $252,283 $63,071 $189,212
2021 $5,356 $247,336 $61,834 $185,502
2020 $5,331 $244,800 $61,200 $183,600
2019 $5,224 $240,000 $60,000 $180,000
2018 $4,941 $225,000 $55,000 $170,000
2017 $4,830 $225,000 $55,000 $170,000
2016 $4,129 $165,000 $50,000 $115,000
2015 $3,954 $150,000 $40,000 $110,000
2014 $3,775 $135,000 $40,000 $95,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV23114680

California Regional Multiple Listing Service (CRMLS)

APN: 0307-103-23