NOT LISTED FOR SALE

504 Meadow Bay Ct Lake Arrowhead, CA 92352

Estimated Value: $1,547,000 - $1,578,436

4 Beds
5 Baths
4,104 Sq Ft
$381/Sq Ft Est. Value

Last Sold April 13, 2020

Last sale price $950,000 $231 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $9,174/month

3 Days on Market

Highlights

  • Spa
  • Fireplace in Primary Bedroom
  • Cathedral Ceiling
  • Gated Community
  • French Architecture
  • Main Floor Primary Bedroom

About This Home

As of April 2020

Situated on a sweeping corner lot in Gated Meadow Shores, this custom English style residence is one of a kind! Grandscale ceilings, Open Floor plan, interesting Entertaining spaces. Lush green Foliage & beautiful Trees add stunning curb appeal & the grounds are low maintenance. Master Suite with Double Door Entry & Fireplace on main level with 2 separate His/Her Bathrooms including Spa Tub, Central Shower & 2 Closets. Large Kitchen opens to the Family Room combining one large Entertaining Space. There is a Chefs Bar, Breakfast area, separate Wet Bar, Formal Dining Room to seat 8 & a Den/Library or Card Room with built-in Book Shelves. Upstairs are 2 Bedrooms & 2 full Baths with an interesting mini Theater Lounge (could convert to 4th Bedroom)! 3 total Fireplaces. Central Vacuum System. Intercom. 3 Car Level Entry Garage. Cement Roof. Includes 1/2 Dock. All Furniture & Furnishings offered as an accommodation. Sellers Boat is negotiable!! Location! Location! Walk to the Lake!

Last Agent to Sell the Property

Lynne Wilson

Lynne B. Wilson & Associates License #00417754 Listed on: 03/30/2020

Last Buyer's Agent

Harry Andreasyan

Coldwell Banker Hallmark Realty License #01377323

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,053

Year Built

  • Built in 1989

Lot Details

  • 10,670 Sq Ft Lot
  • Fenced
  • Property is zoned LA/RS-14M

HOA Fees

  • $120 Monthly HOA Fees

Home Design

  • French Architecture
  • Tile Roof

Interior Spaces

  • 4,104 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Library
  • Carpet
  • Intercom
  • Laundry Room
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Bidet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Spa Bath

Parking

  • 3 Car Direct Access Garage
  • Driveway

Outdoor Features

  • Spa
  • Open Patio

Utilities

  • Forced Air Heating System

Community Details

  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number 0333-042-09-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,053

Year Built

Built in 1989

Lot Details

0

HOA Fees

$120 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: French Normandy
  • Street Number Display: Yes
  • Advertising Remarks: Situated on a sweeping corner lot in Gated Meadow Shores, this custom English style residence is one of a kind! Grandscale ceilings, Open Floor plan, interesting Entertaining spaces. Lush green Foliage & beautiful Trees add stunning curb appeal & the grounds are low maintenance. Master Suite with Double Door Entry & Fireplace on main level with 2 separate His/Her Bathrooms including Spa Tub, Central Shower & 2 Closets. Large Kitchen opens to the Family Room combining one large Entertaining Space. There is a Chefs Bar, Breakfast area, separate Wet Bar, Formal Dining Room to seat 8 & a Den/Library or Card Room with built-in Book Shelves. Upstairs are 2 Bedrooms & 2 full Baths with an interesting mini Theater Lounge (could convert to 4th Bedroom)! 3 total Fireplaces. Central Vacuum System. Intercom. 3 Car Level Entry Garage. Cement Roof. Includes 1/2 Dock. All Furniture & Furnishings offered as an accommodation. Sellers Boat is negotiable!! Location! Location! Walk to the Lake!
  • Living Area: 4104
  • Stories: 2
  • Year Built: 1989
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Bar, Bidet, Cathedral-Vaulted Ceilings, High Ceilings (9 Feet+), Intercom, Wet Bar
  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Carpet
  • Bedrooms: 4
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Bedroom Features: Ground Floor Master, Main Floor Master Bedroom, Master Bedroom, WalkInCloset
  • One Quarter Bathrooms: 0
  • Bathroom Features: Bidet, Shower and Tub, Tub With Jets
  • Three Quarter Bathrooms: 1
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Formal Dining Rm
  • Laundry: Room
  • Total Bathrooms: 5.00
  • Equipment: Ceiling Fan, Central Vacuum, Dishwasher, Garbage Disposal, Intercom, Microwave, Refrigerator
  • Price Per S Q F T: 291.67

Exterior Features

  • Other Features: High Ceilings (9 Feet+)
  • Other Structures: None
  • Tennis Court Y/N: No
  • Patio: Patio Open
  • Pool: No
  • Roof: Tile
  • Spa: Bath Tub
  • Spa Yn: Yes
  • View: Yes

Garage/Parking

  • Parking Garage: Direct Entrance, Driveway, Driveway - Concrete, Garage - 3 Car, Garage Is Attached

Utilities

  • Cooling: Ceiling Fan
  • Heating: Central, Fireplace, Forced Air

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 120.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 0333-042-09-0000
  • Geocode Override: No
  • Lot Description: Fenced, Gated Community
  • Lot Size Area: 10670

Rental Info

  • Furnished: Furnished Or Unfurnished

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2020
Closed on
Apr 6, 2020
Sold by
Heed George C and The George Heed Living Trust
Bought by
Karoalexander Llc
Seller's Agent
Lynne Wilson
Lynne B. Wilson & Associates
Buyer's Agent
Harry Andreasyan
Coldwell Banker Hallmark Realty
List Price
$1,197,000
Sold Price
$950,000
Premium/Discount to List
-$247,000
-20.63%
Current Estimated Value
$1,561,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$611,812
Avg. Annual Appreciation
9.37%

Purchase Details

Closed on
Oct 13, 2016
Sold by
Heed George C
Bought by
Heed George C and The George Heed Living Trust

Purchase Details

Closed on
Apr 22, 2005
Sold by
Peterson John L and Peterson Kathleen L
Bought by
Heed George C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2004
Sold by
Peterson John L and Peterson Kathleen L
Bought by
Peterson John L and Peterson Kathleen L

Purchase Details

Closed on
Aug 12, 2003
Sold by
Mitchell David W and Mitchell Nina P
Bought by
Peterson John L and Peterson Kathleen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,000
Interest Rate
3.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 2, 1999
Sold by
Thomas Jeanne W
Bought by
Mitchell David W and Mitchell Nina P
Source: Public Records

Range of Values:

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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
Karoalexander Llc $950,000 Stewart Title
Heed George C -- None Available
Heed George C $950,000 --
Peterson John L -- --
Peterson John L $695,000 First American
Mitchell David W $265,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heed George C $480,000
Previous Owner Peterson John L $556,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/13/2020 04/13/20 Sold $950,000 0.0% $231 / Sq Ft View Prior Sale
04/13/2020 04/13/20 Sold $950,000 -20.6% $231 / Sq Ft
04/03/2020 04/03/20 Pending -- -- --
04/02/2020 04/02/20 Pending -- -- --
03/30/2020 03/30/20 For Sale $1,197,000 0.0% $292 / Sq Ft
09/10/2018 09/10/18 For Sale $1,197,000 -- $292 / Sq Ft
Source: The MLS

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 $10,053 $940,537 $218,729 $721,808
2024 $10,053 $922,095 $214,440 $707,655
2023 $9,955 $904,014 $210,235 $693,779
2022 $9,752 $886,288 $206,113 $680,175
2021 $9,644 $868,910 $202,072 $666,838
2020 $10,653 $952,800 $206,000 $746,800
2019 $10,270 $925,000 $200,000 $725,000
2018 $9,768 $882,000 $210,000 $672,000
2017 $9,324 $840,000 $200,000 $640,000
2016 $8,890 $800,000 $200,000 $600,000
2015 $8,988 $785,000 $170,000 $615,000
2014 $8,567 $765,000 $170,000 $595,000
Source: Public Records

Agents Affiliated with this Home

  • Lynne Wilson

    Seller's Agent in 2020

    Lynne Wilson

    Lynne B. Wilson & Associates

    (909) 337-2080

    76 in this area

    93 Total Sales

    Lynne Wilson
    Section Image

  • H

    Buyer's Agent in 2020

    Harry Andreasyan

    Coldwell Banker Hallmark Realty

  • O

    Buyer's Agent in 2020

    Out Of Area Agent

    Out Of Area Office

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Map

Source: The MLS

MLS Number: 20-567826

The MLS

APN: 0333-042-09

California San Bernardino County Lake Arrowhead 92352

504 Meadow Bay Ct, Lake Arrowhead, CA

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