NOT LISTED FOR SALE

41544 Summit Dr Forest Falls, CA 92339

Estimated Value: $323,000 - $428,000

1 Bed
1 Bath
894 Sq Ft
$407/Sq Ft Est. Value

Last Sold October 30, 2023

Last sale price $350,000 $391 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,230/month

60 Days on Market

Highlights

  • View of Trees or Woods
  • No HOA
  • Double Oven
  • Secluded Lot
  • Hiking Trails
  • Wood Patio

About This Home

As of October 2023

Fantastic opportunity available for part time family cabin, and successful Air bnb with over 240 guests. 1 bedroom, 3/4 bath, with sleeping loft. Modern Kichen, bathroom and living room are downstairs. cabin is tastefully decorated with taxidermy. Located in Forrest falls with an elevation of over 6000 ft close to Vivian creek trail. Cabin is located on the edge of the wilderness. Cabin is to be sold as is.

Last Agent to Sell the Property

Eric Kingston

KW Temecula License #01938849 Listed on: 07/31/2023

KW Temecula

Last Buyer's Agent

Deborah Jacobs

MATRIX ESTATE GROUP License #01905167

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 6,360 Sq Ft Lot
  • Secluded Lot
  • Property is zoned SD-RES

Property Views

  • Woods
  • Mountain

Home Design

  • Cabin
  • Entry on the 1st floor

Interior Spaces

  • 894 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Double Oven
  • Electric Oven
  • Propane Cooktop
  • Microwave
  • Kitchen Island
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom | 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • 1 Full Bathroom
  • Walk-in Shower

Utilities

  • Heating System Uses Propane
  • Wall Furnace
  • Propane Water Heater
  • Conventional Septic

Additional Features

  • Accessible Parking
  • Wood Patio

Listing and Financial Details

  • Tax Lot 163
  • Tax Tract Number 2260
  • Assessor Parcel Number 0323415150000
  • $236 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Mountainous Community

Recreation

  • Hiking Trails

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Structure Type: Cabin
  • Assessments: No
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: SD-RES
  • Property Sub Type: Cabin
  • Property Type: Residential
  • Parcel Number: 0323415150000
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 894.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 391.50
  • Room Type: All Bedrooms Up
  • Bathroom Features: Shower, Laminate Counters
  • Room Kitchen Features: Kitchen Island, Laminate Counters

Exterior Features

  • Patio: Yes
  • View: Mountain(s), Trees/Woods
  • Patio And Porch Features: Wood
  • Pool Private: No

Utilities

  • Utilities: Electricity Available, Propane, Water Available
  • Heating: Yes
  • Laundry: No
  • Appliances: Double Oven, Electric Oven, Microwave, Propane Cooktop, Propane Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Fireplace(s), Propane, Wall Furnace
  • Sewer: Conventional Septic
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Secluded
  • Lot Size Sq Ft: 6360.00
  • Lot Size Acres: 0.1460

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6360.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 115.00
  • Tax Lot: 163
  • Tax Tract Number: 2260
  • TaxOtherAnnualAssessmentAmount: 236.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2023
Closed on
Oct 10, 2023
Sold by
Kingston Eric Michael
Bought by
Eugene And Margaret Carpenter Revocable Famil and Carpenter
Seller's Agent
Eric Kingston
KW Temecula
Buyer's Agent
Deborah Jacobs
MATRIX ESTATE GROUP
List Price
$399,000
Sold Price
$350,000
Premium/Discount to List
-$49,000
-12.28%
Views
32
Current Estimated Value
$364,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,192
Avg. Annual Appreciation
1.81%

Purchase Details

Closed on
May 19, 2023
Sold by
Kingston Eric Michael
Bought by
Kingston Eric Michael

Purchase Details

Closed on
Apr 4, 2012
Sold by
Vasquez Kingston Lori A
Bought by
Kingston Eric and Kingston Heather J

Purchase Details

Closed on
Jan 29, 1997
Sold by
Vasquez Mike and Vasquez M Joan Tr
Bought by
Vasquez Mike and Vasquez Marital Trust Agrement
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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Purchase History

Date Buyer Sale Price Title Company
Eugene And Margaret Carpenter Revocable Famil $350,000 Wfg Title Company
Kingston Eric Michael -- Accommodation/Courtesy Recordi
Kingston Eric -- None Available
Vasquez Mike -- Chicago Title Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2023 10/30/23 Sold $350,000 -6.7% $391 / Sq Ft
09/29/2023 09/29/23 Pending -- -- --
08/02/2023 08/02/23 Price Changed $375,000 -6.0% $419 / Sq Ft
07/31/2023 07/31/23 For Sale $399,000 -- $446 / 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 $3,911 $357,000 $89,250 $267,750
2024 $3,911 $350,000 $87,500 $262,500
2023 $1,107 $86,106 $36,218 $49,888
2022 $1,080 $84,418 $35,508 $48,910
2021 $1,096 $82,763 $34,812 $47,951
2020 $1,067 $81,914 $34,455 $47,459
2019 $1,041 $80,307 $33,779 $46,528
2018 $852 $78,733 $33,117 $45,616
2017 $847 $77,190 $32,468 $44,722
2016 $830 $75,676 $31,831 $43,845
2015 $825 $74,539 $31,353 $43,186
2014 $805 $73,079 $30,739 $42,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW23039600

California Regional Multiple Listing Service (CRMLS)

APN: 0323-415-15