Seller's Agent in 2021
Ralph Liu
InvestorsAlly Realty
(949) 371-9139
3 in this area
7 Total Sales
563 Lynn Rd Big Bear Lake, CA 92315
Estimated Value: $2,006,279
33
Beds
33
Baths
14,904
Sq Ft
$135/Sq Ft
Est. Value
Highlights
- Indoor Pool
- No HOA
- Central Heating
- 0.58 Acre Lot
- Laundry Room
About This Home
As of April 2021Conveniently located right next to the Bowling Barn and Funplex on Lynn Rd. This is the second part of a former franchise hotel business. It has 33 interior corridor motel rooms. The location is within walking distance to the fine dining and cinemas in the Big Bear Lake Village. There is an unused indoor swimming pool. The business is composed of two separate buildings. There is another 33-room main building across a street on Big Bear Blvd under a different listing. In addition, there are three immediately adjacent empty lots for further development under yet another land listing. They could all be purchased together.
This listing price is without the current motel business.
Last Agent to Sell the Property
InvestorsAlly Realty License #01342940 Listed on: 09/18/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1967
Lot Details
- 0.58 Acre Lot
- No Common Walls
- Density is 16-20 Units/Acre
Parking
- 33 Car Garage
Interior Spaces
- 14,904 Sq Ft Home
- Living Room with Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 33 Bedrooms
- 33 Bathrooms
Pool
- Indoor Pool
Utilities
- Central Heating
- Cable TV Available
Listing and Financial Details
- Tax Lot 52
- Tax Tract Number 17001
- Assessor Parcel Number 0308147100000
Community Details
Overview
- No Home Owners Association
- 33 Units
Amenities
- Laundry Facilities
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 19, 2023
Sold by
Yabut Lance
Bought by
Sierra Blue Suites Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
6.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 18, 2017
Closed on
Apr 15, 2021
Sold by
Yabut Angel
Bought by
Yabut Lance
Seller's Agent
Ralph Liu
InvestorsAlly Realty
Buyer's Agent
Lance Yabut
ELITE REALTY SERVICES
List Price
$2,200,000
Sold Price
$1,900,000
Premium/Discount to List
-$300,000
-13.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.12%
Original Mortgage
$950,000
Interest Rate
3%
Mortgage Type
Seller Take Back
Purchase Details
Listed on
Sep 18, 2017
Closed on
Apr 14, 2021
Sold by
Cbt Enterprises Llc
Bought by
Yabut Lance
Seller's Agent
Ralph Liu
InvestorsAlly Realty
Buyer's Agent
Lance Yabut
ELITE REALTY SERVICES
List Price
$2,200,000
Sold Price
$1,900,000
Premium/Discount to List
-$300,000
-13.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
3%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Dec 16, 2005
Sold by
Maa Hospitality Inc
Bought by
Cbt Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,650,000
Interest Rate
6.35%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 29, 2004
Sold by
Bgn Investments Ltd
Bought by
Maa Hospitality Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,590,000
Interest Rate
6.31%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sierra Blue Suites Llc | -- | Chicago Title | |
| Yabut Lance | -- | Western Resources | |
| Yabut Lance | $1,900,000 | Western Resources | |
| Cbt Llc | $2,700,000 | Fidelity National Title Co | |
| Maa Hospitality Inc | $1,850,000 | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Sierra Blue Suites Llc | $950,000 | |
| Previous Owner | Yabut Lance | $950,000 | |
| Previous Owner | Cbt Llc | $2,650,000 | |
| Previous Owner | Maa Hospitality Inc | $1,590,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/16/2021 04/16/21 | Sold | $1,900,000 | -13.6% | $127 / Sq Ft |
| 02/16/2021 02/16/21 | Price Changed | $2,200,000 | 0.0% | $148 / Sq Ft |
| 02/16/2021 02/16/21 | For Sale | $2,200,000 | +15.8% | $148 / Sq Ft |
| 09/24/2020 09/24/20 | Off Market | $1,900,000 | -- | -- |
| 09/16/2018 09/16/18 | Price Changed | $1,900,000 | +18.8% | $127 / Sq Ft |
| 09/18/2017 09/18/17 | For Sale | $1,600,000 | -- | $107 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $30,094 | $2,056,621 | $432,973 | $1,623,648 |
| 2024 | $28,981 | $2,016,295 | $424,483 | $1,591,812 |
| 2023 | $27,978 | $1,976,760 | $416,160 | $1,560,600 |
| 2022 | $20,432 | $1,339,274 | $180,286 | $1,158,988 |
| 2021 | $19,937 | $1,313,014 | $176,751 | $1,136,263 |
| 2020 | $20,088 | $1,299,551 | $174,939 | $1,124,612 |
| 2019 | $19,627 | $1,274,070 | $171,509 | $1,102,561 |
| 2018 | $19,005 | $1,249,088 | $168,146 | $1,080,942 |
| 2017 | $18,510 | $1,224,596 | $164,849 | $1,059,747 |
| 2016 | $18,111 | $1,200,585 | $161,617 | $1,038,968 |
| 2015 | $17,979 | $1,182,551 | $159,189 | $1,023,362 |
| 2014 | $14,905 | $900,000 | $140,000 | $760,000 |
Source: Public Records
Agents Affiliated with this Home
-
Ralph Liu
-
Lance Yabut
Buyer's Agent in 2021
Lance Yabut
ELITE REALTY SERVICES
(916) 717-8151
1 in this area
8 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC17216073
APN: 0308-147-10
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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