NOT LISTED FOR SALE

620 Merced Ln Big Bear Lake, CA 92315

Estimated Value: $286,000 - $352,000

1 Bed
1 Bath
510 Sq Ft
$635/Sq Ft Est. Value

Last Sold May 15, 2017

Last sale price $125,000 $245 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $2,135/month

214 Days on Market

Highlights

  • Chalet
  • Deck
  • Neighborhood Views
  • Big Bear High School Rated A-
  • Loft
  • Fireplace

About This Home

As of May 2017

Cute as a bug's ear ~ rare opportunity to own a vintage cabin in Big Bear Lake at this price point. Living room has charm ~ rock fireplace, wood T&G, loft. One of the bedrooms has a potbelly stove, the other could fit a small bed. Enjoy the fresh mountain air from the back deck, peaceful yard w/shed. Add your finishing touches and you will have a nice getaway cabin.

Last Agent to Sell the Property

Erin Lanza

Re/Max Big Bear License #01825817 Listed on: 10/07/2016

Re/Max Big Bear

Last Buyer's Agent

Nonexistant Agent

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,474

Year Built

  • Built in 1928

Lot Details

  • 2,325 Sq Ft Lot
  • Level Lot

Home Design

  • Chalet
  • Composition Roof

Interior Spaces

  • 510 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace
  • Loft
  • Neighborhood Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Outdoor Features

  • Deck
  • Outdoor Storage

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Natural Gas Connected

Listing and Financial Details

  • Tax Tract Number 1768
  • Assessor Parcel Number 0309-123-41-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,474

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family
  • Architectural Style: Chalet
  • Cross Street: Carter
  • Stories: One Story
  • View: Neighbor&Tree View
  • Year Built: 1928

Interior Features

  • Fireplace: One FP
  • Special Features: Cat/Vault/Beamed Ceil
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • Other Rooms: Loft
  • Room Count: 4
  • Total Sq Ft: 510

Exterior Features

  • Outside Extras: Deck
  • Roads: Paved & Maintained
  • Roof: Composition Roof
  • St Frontage: 25

Utilities

  • Cooling: Ceiling Fan, Window Air
  • Heating: Natural Gas Heat, Wall Heater
  • Utilities: Electric Connected, Natural Gas Connected
  • Washer Dryer Hookups: No
  • Water Sewer: Sewer Connected, Water Supplied By DWP

Lot Info

  • Border: Fronts Street
  • Lot Num: 39
  • Lot Size Sq Ft: 2325
  • Parcel Number: 0309-123-41-0000
  • Sec Side Lot Dim: 93
  • Topography: Level
  • Tract Number: 1768

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2023
Sold by
Narey Clay and Narey Vera A
Bought by
Jl Investment Properties Llc
Current Estimated Value
$323,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,600
Outstanding Balance
$21,044
Interest Rate
6.6%
Mortgage Type
Seller Take Back
Estimated Equity
$302,944

Purchase Details

Closed on
Sep 21, 2021
Sold by
Hulette Robert M
Bought by
Narey Clay and Narey Vera A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,000
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Listed on
Oct 7, 2016
Closed on
Apr 17, 2017
Sold by
Yukata Enterprises Inc
Bought by
Hulette Robert M
Seller's Agent
Erin Lanza
Re/Max Big Bear
Buyer's Agent
Nonexistant Agent
List Price
$139,700
Sold Price
$125,000
Premium/Discount to List
-$14,700
-10.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.16%
Original Mortgage
$112,500
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2016
Sold by
Olsen Mike and Olsen Joy
Bought by
620 Merced Lane Trust

Purchase Details

Closed on
Sep 25, 2003
Sold by
Cache Otto P
Bought by
Olsen Mike and Olsen Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
3.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 1999
Sold by
Robinson Richard B
Bought by
Cache Otto P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,400
Interest Rate
7.64%
Mortgage Type
Seller Take Back
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
Jl Investment Properties Llc $30,500 Pacific Coast Title
Narey Clay $277,000 Stewart Title Of Ca Inc
Hulette Robert M $125,000 Orange Coast Title Co Socal
620 Merced Lane Trust $86,229 None Available
Olsen Mike $85,000 Fidelity National Title
Cache Otto P $40,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jl Investment Properties Llc $21,600
Previous Owner Narey Clay $277,000
Previous Owner Hulette Robert M $112,500
Previous Owner Olsen Mike $118,000
Previous Owner Olsen Mike $26,900
Previous Owner Olsen Mike $63,750
Previous Owner Cache Otto P $27,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2017 05/15/17 Sold $125,000 -10.5% $245 / Sq Ft
05/09/2017 05/09/17 Pending -- -- --
10/07/2016 10/07/16 For Sale $139,700 -- $274 / Sq Ft
Source: Mountain Resort Communities Association of Realtors®

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 $4,474 $293,800 $58,800 $235,000
2024 $4,474 $306,000 $61,200 $244,800
2023 $4,133 $282,540 $56,508 $226,032
2022 $3,940 $277,000 $55,400 $221,600
2021 $2,362 $134,025 $37,527 $96,498
2020 $2,367 $132,651 $37,142 $95,509
2019 $2,316 $130,050 $36,414 $93,636
2018 $2,240 $127,500 $35,700 $91,800
2017 $2,229 $130,000 $35,000 $95,000
2016 $1,910 $102,089 $20,419 $81,670
2015 $1,893 $100,555 $20,112 $80,443
2014 $1,865 $98,585 $19,718 $78,867
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mountain Resort Communities Association of Realtors®

MLS Number: 2161969

Mountain Resort Communities Association of Realtors®

APN: 0309-123-41