NOT LISTED FOR SALE

54950 Pine Crest Ave Idyllwild-Pine Cove, CA 92549

Estimated Value: $1,591,168

Studio
10.5 Baths
7,812 Sq Ft
$204/Sq Ft Est. Value

Last Sold September 09, 2020

Last sale price $1,700,000 $218 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $9,419/month

33 Days on Market

Highlights

  • Views
  • Wood Siding
  • Stone Fireplace
  • Central Air
  • Carpet
  • 1-Story Property

About This Home

As of September 2020

ATTENTION: Here is your opportunity to own one of the most amazing properties in Idyllwild. The Creekstone Inn has a long history in Idyllwild. Offering 9 amazing suites each with a full bathroom along with 1 bedroom 1 bath owner/ managers apartment. This has been operated as a B&B in the past as it has a full kitchen, ample dining/ social areas and an amazing rear area for weddings. This business has so much potential to grow as it was mainly operated on the weekends for groups, business retreats and family reunions. Current occupancy sits at 62.5%. Open everyday and increase the revenue. Make this business opportunity and amazing property yours today. Seller will entertain carrying paper with a substantial down. Properties like this are rare on the market don't miss out call or email today.

Last Agent to Sell the Property

Shane Stewart

Idyllwild Realty-Village Center Office License #01239103 Brokers Lic # Listed on: 06/21/2020

Last Buyer's Agent

Shane Stewart

Idyllwild Realty-Village Center Office License #01239103 Brokers Lic # Listed on: 06/21/2020

Property Details

Property Type

  • Other

Year Built

  • Built in 1942

Lot Details

  • 0.44

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 7,812 Sq Ft Home
  • 1-Story Property
  • Stone Fireplace
  • Property Views

Kitchen

  • Propane Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Propane
  • Cable TV Available

Additional Features

  • Outbuilding
  • 0.44 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 563-123-021

Property Details

Property Type

Other

Year Built

Built in 1942

Lot Details

0.44 Acres

Listing Details

  • Additional Assessor Parcel Numbers: 563-123-021
  • Directions To Property: HWY 243 TO PINE CREST TO THE TOP AT PINE CREST AND NORTH CIRCLE DRIVE.
  • Prop. Type: Commercial Building +Business
  • Property Type: Building + Business
  • OFFICELIST_STATE: CA
  • Building Stories: 1
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: Other
  • Stories: 1

Interior Features

  • Appliances: Garbage Disposal, Range- Propane, Refrigerator, Dishwasher, Microwave, Washer, Dryer, W/D Hookups
  • Total Bathrooms: 10
  • Full Bathrooms: 9
  • Half Bathrooms: 1
  • Interior Amenities: Flooring- Carpet, Flooring- Vinyl, Fireplace- Rock
  • Listing Area: Idyllwild
  • Living Sq Ft: 7812
  • Three Quarter Bathrooms: 1

Exterior Features

  • Exterior Features: Views, Close Proximity to Town, Snowplow Friendly, Survey: Corners Marked, Out Buildings
  • Exterior Construction: Siding-Wood
  • Roof Type: Composition

Utilities

  • Cooling: Central
  • Utilities: TV-Cable: Installed, Propane: Available, Sewer: Yes, Water Meter: Yes, Power: Utility Co.

Lot Info

  • Lot Size: 0.44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2020
Closed on
Jul 31, 2020
Sold by
Alpenglow Llc
Bought by
Gil Llc
Seller's Agent
Shane Stewart
Idyllwild Realty-Village Center Office
Buyer's Agent
Shane Stewart
Idyllwild Realty-Village Center Office
List Price
$1,799,999
Sold Price
$1,700,000
Premium/Discount to List
-$99,999
-5.56%
Current Estimated Value
$1,591,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$108,832
Avg. Annual Appreciation
-1.20%
Original Mortgage
$900,000
Outstanding Balance
$796,875
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$794,293

Purchase Details

Closed on
Feb 28, 2007
Sold by
Smith Judith A
Bought by
Alpenglow Llc

Purchase Details

Closed on
Apr 12, 2001
Sold by
Baker Thomas E and Baker Geraldine M
Bought by
Mctaggart Briar Conrad and Ottem Melissa Mcdonald

Purchase Details

Closed on
Oct 26, 1998
Sold by
Kehl Julie A
Bought by
Smith Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,000
Interest Rate
6.63%
Mortgage Type
Commercial

Purchase Details

Closed on
May 27, 1998
Sold by
April Ferry Colette T
Bought by
Ferry Gregory S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.13%
Mortgage Type
Commercial

Purchase Details

Closed on
May 8, 1998
Sold by
Ferry Gregory S and Ferry Julie A
Bought by
Perry Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 26, 1993
Sold by
T A Rivard Inc
Bought by
Ferry Gregory S and Ferry Julie A
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
Gil Llc $1,200,000 Ticor Title Riverside
Alpenglow Llc $1,175,000 Lawyers Title Company
Mctaggart Briar Conrad $13,500 Stewart Title
Smith Judith A $795,000 First American Title Co
Ferry Gregory S -- --
Perry Julie A -- --
Ferry Gregory S -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gil Llc $900,000
Previous Owner Smith Judith A $522,000
Previous Owner Perry Julie A $350,000
Closed Smith Judith A $93,471
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2020 09/09/20 Sold $1,700,000 -5.6% $218 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
06/21/2020 06/21/20 For Sale $1,799,999 -- $230 / Sq Ft
Source: Idyllwild MLS

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 $14,957 $1,298,916 $414,570 $884,346
2023 $14,957 $1,248,479 $398,473 $850,006
2022 $14,536 $1,224,000 $390,660 $833,340
2021 $14,265 $1,200,000 $383,000 $817,000
2020 $10,430 $861,900 $193,800 $668,100
2019 $10,308 $845,000 $190,000 $655,000
2018 $10,058 $890,264 $190,000 $700,264
2017 $9,167 $804,218 $190,000 $614,218
2016 $9,293 $805,471 $190,000 $615,471
2015 $9,133 $781,798 $180,000 $601,798
2014 $8,059 $707,822 $155,000 $552,822
Source: Public Records

Agents Affiliated with this Home

  • Shane Stewart

    Seller's Agent in 2020

    Shane Stewart

    Idyllwild Realty-Village Center Office

    (951) 659-9505

    106 in this area

    124 Total Sales

    Shane Stewart
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Map

Source: Idyllwild MLS

MLS Number: 2008997

APN: 563-123-021

California Riverside County Idyllwild-Pine Cove 92549

54950 Pine Crest Ave, Idyllwild-Pine Cove, CA

Not Listed for Sale

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