NOT LISTED FOR SALE

521 Irving Way Big Bear City, CA 92314

Estimated Value: $306,000 - $418,000

4 Beds
2 Baths
1,670 Sq Ft
$204/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $240,000 $144 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,189/month

56 Days on Market

Highlights

  • Hiking Trails
  • Laundry Room
  • Level Lot
  • Big Bear High School Rated A-
  • Wood Fence

About This Home

As of February 2020

Great Investment Opportunity in quiet "Poet's Corner" area!! 2 Single Family Residences on 1 lot! Live in one and rent out the other or rent both short or long term. Total square footage is 1670 not counting the garages. Large 7280 square foot flat lot. Located in a quiet neighborhood surrounded by beautiful trees and close to EVERYTHING: Skiing, fishing, hiking, nature, restaurants, shopping...everything the mountain has to offer to full time residents or vacationers. These properties require TLC but the upside is your gain!

Last Agent to Sell the Property

Bill Etchegaray

Century 21 Affiliated Brokerage Phone: 714-797-0863 License #01139672 Listed on: 11/13/2019

Century 21 Affiliated

Co-Listed By

Cynthia Selway

Century 21 Affiliated Brokerage Phone: 714-797-0863 License #01302975

Last Buyer's Agent

Gary Doss

COMPASS License #01416748

COMPASS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,755

Year Built

  • Built in 1930

Lot Details

  • 7,280 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Chain Link Fence
  • Level Lot

Parking

  • 4 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,670 Sq Ft Home
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 1 / 125
  • Tax Tract Number 2282
  • Assessor Parcel Number 0312047090000

Community Details

Overview

  • 4 Buildings
  • 2 Units

Recreation

  • Hiking Trails
  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $19,200
  • Net Operating Income $19,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,755

Year Built

Built in 1930

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Privately Maintained
  • Subdivision Name Other: Poet's Corner
  • Zoning: R
  • Property Type: Residential Income
  • Parcel Number: 0312047090000
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 143.71

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Hiking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Level
  • Lot Size Sq Ft: 7280.00
  • Lot Size Acres: 0.1671
  • Latitude Manual: 34.26077900

Multi Family

  • Gross Income: 19200.00
  • Gross Scheduled Income: 19200.00
  • Lot Size Area: 7280.0000 Square Feet
  • Net Operating Income: 19200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Block: 125
  • Tax Census Tract: 114.01
  • Tax Lot: 1
  • Tax Tract Number: 2282

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2019
Closed on
Feb 20, 2020
Sold by
Wolfcat Corp
Bought by
Almada Alejandro R and Almada Lourdes
Seller's Agent
Bill Etchegaray
Century 21 Affiliated
Buyer's Agent
Gary Doss
COMPASS
List Price
$279,000
Sold Price
$240,000
Premium/Discount to List
-$39,000
-13.98%
Current Estimated Value
$340,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,863
Avg. Annual Appreciation
6.38%
Original Mortgage
$180,000
Outstanding Balance
$159,377
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$181,486

Purchase Details

Closed on
Nov 25, 2019
Sold by
Wolfenstein Blanca
Bought by
Wolfcat Corp

Purchase Details

Closed on
Jul 30, 1997
Sold by
Oates John E and Oates Sue E
Bought by
Wolfenstein Bartley and Wolfenstein Blanca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
7.42%

Purchase Details

Closed on
Apr 4, 1994
Sold by
Cisneros Henry G
Bought by
Oates John E and Oates Sue E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.59%
Source: Public Records

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
Almada Alejandro R $240,000 First American Title Company
Wolfcat Corp -- First American Title Company
Wolfenstein Bartley $89,000 Fidelity National Title Ins
Oates John E $45,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Almada Alejandro R $180,000
Previous Owner Wolfenstein Bartley $62,000
Previous Owner Oates John E $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2020 02/28/20 Sold $240,000 -4.0% $144 / Sq Ft
12/10/2019 12/10/19 Price Changed $249,900 -10.4% $150 / Sq Ft
11/13/2019 11/13/19 For Sale $279,000 -- $167 / 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 $4,755 $262,475 $76,556 $185,919
2024 $4,755 $257,329 $75,055 $182,274
2023 $4,577 $252,283 $73,583 $178,700
2022 $4,372 $247,336 $72,140 $175,196
2021 $4,267 $242,486 $70,725 $171,761
2020 $3,058 $129,942 $36,503 $93,439
2019 $3,102 $127,394 $35,787 $91,607
2018 $2,539 $124,896 $35,085 $89,811
2017 $2,874 $122,447 $34,397 $88,050
2016 $2,922 $120,047 $33,723 $86,324
2015 $2,733 $118,243 $33,216 $85,027
2014 $2,677 $115,926 $32,565 $83,361
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19263793

California Regional Multiple Listing Service (CRMLS)

APN: 0312-047-09