NOT LISTED FOR SALE

650 Merced Ln Big Bear, CA 92315

Estimated Value: $416,471 - $675,000

7 Beds
3 Baths
2,049 Sq Ft
$265/Sq Ft Est. Value

Last Sold October 31, 2018

Last sale price $268,500 $131 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $3,304/month

67 Days on Market

Highlights

  • Laundry Room
  • Mountainous Community
  • 1-Story Property
  • Jack-and-Jill Bathroom
  • Heating System Uses Wood

About This Home

As of October 2018

Great opportunity in Big Bear Lake. Three properties on one parcel. Units need work but otherwise a potentially outstanding investment.

Last Agent to Sell the Property

Stephon Carradine

Stephon Carradine, Broker License #01136467 Listed on: 07/24/2018

Stephon Carradine, Broker

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 10,416 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Fixer Upper
  • Metal Roof

Interior Spaces

  • 2,049 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Jack-and-Jill Bathroom
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Carport
  • Parking Available
  • RV Potential

Utilities

  • Heating System Uses Wood
  • Water Not Available

Community Details

  • 3 Buildings
  • 3 Units
  • Mountainous Community

Listing and Financial Details

  • Tax Tract Number 1768
  • Assessor Parcel Number 0309123540000

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • Property Condition: Fixer
  • Property Type: Residential Income
  • Parcel Number: 0309123540000
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 131.04
  • Room Type: Jack & Jill

Exterior Features

  • Pool Private: No
  • Roof: Metal
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Carport, RV Potential
  • Total Parking Spaces: 1.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wood
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: None

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Mountainous

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10416.00
  • Lot Size Acres: 0.2391

Multi Family

  • Lot Size Area: 10416.0000 Square Feet
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Census Tract: 112.05
  • Tax Lot: 000
  • Tax Tract Number: 1768

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2018
Closed on
Oct 3, 2018
Sold by
Geonetta Kelly A
Bought by
Gorzynski Donna L
Seller's Agent
Stephon Carradine
Stephon Carradine, Broker
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$349,900
Sold Price
$268,500
Premium/Discount to List
-$81,400
-23.26%
Current Estimated Value
$542,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,368
Avg. Annual Appreciation
10.18%

Purchase Details

Closed on
Sep 19, 2013
Sold by
Loegering Thomas J
Bought by
Geonetta Kelly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
4.17%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 22, 2000
Sold by
Geonetta Joe F
Bought by
Geonetta Kelly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.01%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 12, 1996
Sold by
Reyes Lori
Bought by
Reyes Nora
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gorzynski Donna L $268,500 Fidelity National Title Comp
Geonetta Kelly A -- Provident Title Company
Geonetta Kelly A -- Provident Title Company
Geonetta Kelly A -- United Title Company
Geonetta Kelly A $175,000 United Title Company
Reyes Nora -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Geonetta Kelly A $128,000
Previous Owner Geonetta Kelly A $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2018 10/31/18 Sold $268,500 -18.5% $131 / Sq Ft
09/29/2018 09/29/18 Pending -- -- --
08/28/2018 08/28/18 Price Changed $329,332 -5.9% $161 / Sq Ft
07/24/2018 07/24/18 For Sale $349,900 -- $171 / 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 $5,785 $299,098 $109,461 $189,637
2024 $5,574 $293,234 $107,315 $185,919
2023 $5,297 $287,485 $105,211 $182,274
2022 $4,970 $281,848 $103,148 $178,700
2021 $4,766 $276,321 $101,125 $175,196
2020 $4,776 $273,488 $100,088 $173,400
2019 $4,673 $268,125 $98,125 $170,000
2018 $4,173 $230,650 $63,179 $167,471
2017 $4,049 $226,127 $61,940 $164,187
2016 $3,960 $221,693 $60,725 $160,968
2015 $3,924 $218,363 $59,813 $158,550
2014 $3,866 $214,085 $58,641 $155,444
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Stephon Carradine

    Stephon Carradine, Broker

    Section Image

  • N

    Buyer's Agent in 2018

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    13 in this area

    6,271 Total Sales

    NoEmail NoEmail
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS18149260

California Regional Multiple Listing Service (CRMLS)

APN: 0309-123-54

California San Bernardino County Big Bear 92315

650 Merced Ln, Big Bear, CA

Not Listed for Sale

MultiFamily

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