NOT LISTED FOR SALE

640 Summit Blvd Big Bear Lake, CA 92315

Estimated Value: $277,363 - $460,000

0.18 Acres
$2,054,219 Price per Acre
7,710 Sq Ft Lot

Sale Details

Date Sold: July 11, 2023

Last sale price $300,000

Est. 21% increase in value since last sale

Current estimated payment $2,241 / mo

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

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

7,710 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2023
Closed on
Jun 28, 2023
Sold by
Bought by
Seller's Agent
Joseph Ferraro
Re/Max Big Bear
Buyer's Agent
Nonexistant Agent
List Price
$300,000
Sold Price
$300,000
Views
69
Current Estimated Value
$363,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,591
Avg. Annual Appreciation
6.88%
Original Mortgage
$250,000
Outstanding Balance
$242,490
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$121,101

Purchase Details

Listed on
Apr 14, 2023
Closed on
Jun 14, 2023
Sold by
Bought by
Seller's Agent
Joseph Ferraro
Re/Max Big Bear
Buyer's Agent
Nonexistant Agent
List Price
$300,000
Sold Price
$300,000
Views
69

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
$121,101

Purchase Details

Closed on
Mar 21, 2022
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Feb 27, 2015
Sold by
Bought by

Purchase Details

Closed on
Apr 7, 1998
Sold by
Bought by
Source: Public Records

Range of Values:

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

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ICE

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Chicago Title
$300,000 Chicago Title
$245,000 Equity Title
$225,000 First Amer Ttl Co Res Div
-- None Available
$40,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $250,000
Previous Owner $120,000
Previous Owner $147,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,373 $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

  • J

    Seller's Agent in 2023

    Joseph Ferraro

    RE/MAX

    (909) 744-7512

    18 in this area

    63 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

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.

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