NOT LISTED FOR SALE

640 Summit Blvd Big Bear Lake, CA 92315

Estimated Value: $272,467 - $396,000

0.18 Acre
$1,889,768 Price per Acre
7,710 Sq Ft Lot

Last Sold July 11, 2023

Last sale price $300,000

Est. 11% increase in value since last sale

Current estimated payment $2,003/month

60 Days on Market

About This Lot

As of July 2023

Location Location Location! This piece of dreamland is ready for your dream home, imagine owning a three-unit vacation rental only steps away from the ski lifts at SoCal's most popular ski destination. This lot is in an incredible spot, only steps from Snow Summit. Zoned R-3 which allows for up to three units.

Last Agent to Sell the Property

Joseph Ferraro

Re/Max Big Bear License #02056119 Listed on: 04/14/2023

Re/Max Big Bear

Last Buyer's Agent

Nonexistant Agent

Property Details

Property Type

  • Land

Lot Details

  • 7,710 Sq Ft Lot
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 2328-064-05-0000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lot & Land
  • Cross Street: Chalet Ln
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Roads: Paved & Maintained
  • St Frontage: 70

Utilities

  • Utilities: Electric Available, Natural Gas Available

Lot Info

  • Lot Size Sq Ft: 7710
  • Parcel Number: 2328-064-05-0000
  • Sec Side Lot Dim: 110
  • Topography: Level

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2023
Closed on
Jun 28, 2023
Sold by
Hajir Mahshid
Bought by
Radvar Sharokh Esmailyla
Seller's Agent
Joseph Ferraro
Re/Max Big Bear
Buyer's Agent
Nonexistant Agent
List Price
$300,000
Sold Price
$300,000
Views
74
Current Estimated Value
$334,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,489
Avg. Annual Appreciation
4.40%
Original Mortgage
$250,000
Outstanding Balance
$242,490
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$91,999

Purchase Details

Listed on
Apr 14, 2023
Closed on
Jun 14, 2023
Sold by
Legacy Homevestments Llc
Bought by
Radvar Shahrokh Esmaily
Seller's Agent
Joseph Ferraro
Re/Max Big Bear
Buyer's Agent
Nonexistant Agent
List Price
$300,000
Sold Price
$300,000
Views
74

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$242,490
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$91,999

Purchase Details

Closed on
Mar 21, 2022
Sold by
Macbeth Andrew B and Macbeth Rachel B
Bought by
Legacy Homevestments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2021
Sold by
Arnold David C and Arnold Kathleen M
Bought by
Macbeth Andrew B and Macbeth Rachel B

Purchase Details

Closed on
Feb 27, 2015
Sold by
Arnold David C
Bought by
Iagio Trust

Purchase Details

Closed on
Apr 7, 1998
Sold by
Jeknavorian Vahe and Jeknavorian Josephin
Bought by
Arnold David C and Arnold Kathleen M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Radvar Sharokh Esmailyla -- Chicago Title
Radvar Shahrokh Esmaily $300,000 Chicago Title
Legacy Homevestments Llc $245,000 Equity Title
Macbeth Andrew B $225,000 First Amer Ttl Co Res Div
Iagio Trust -- None Available
Arnold David C $40,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Radvar Shahrokh Esmaily $250,000
Previous Owner Legacy Homevestments Llc $120,000
Previous Owner Legacy Homevestments Llc $147,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2023 07/11/23 Sold $300,000 -4.8% --
06/13/2023 06/13/23 Pending -- -- --
05/21/2023 05/21/23 Price Changed $315,000 +5.0% --
04/14/2023 04/14/23 For Sale $300,000 -- --
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 $3,249 $306,000 $306,000 --
2024 $3,249 $300,000 $300,000 --
2023 $2,746 $249,900 $249,900 $0
2022 $2,527 $229,500 $229,500 $0
2021 $723 $57,934 $57,934 $0
2020 $736 $57,340 $57,340 $0
2019 $720 $56,216 $56,216 $0
2018 $699 $55,114 $55,114 $0
2017 $686 $54,033 $54,033 $0
2016 $673 $52,974 $52,974 $0
2015 $669 $52,178 $52,178 $0
2014 $657 $51,156 $51,156 $0
Source: Public Records

Agents Affiliated with this Home

  • Joseph Ferraro

    Seller's Agent in 2023

    Joseph Ferraro

    RE/MAX

    (909) 744-7512

    16 in this area

    61 Total Sales

    Joseph Ferraro
    Section Image

  • N

    Buyer's Agent in 2023

    Nonexistant Agent

See All Agents

Map

Source: Mountain Resort Communities Association of Realtors®

MLS Number: 32300443

Mountain Resort Communities Association of Realtors®

APN: 2328-064-05

California San Bernardino County Big Bear Lake 92315

640 Summit Blvd, Big Bear Lake, CA

Not Listed for Sale

Lots

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Mountain Resort Communities Association of Realtors® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes