NOT LISTED FOR SALE

650 Merced Ln Big Bear, CA 92315

Estimated Value: $419,650 - $821,000

7 Beds
3 Baths
2,049 Sq Ft
$272/Sq Ft Est. Value

Sale Details

Date Sold: October 31, 2018

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

Est. 108% increase in value since last sale

Current estimated payment $3,500 / mo

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

General NONMEMBER

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

10,416 Sq Ft Lot

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
General NONMEMBER
NONMEMBER MRML
List Price
$349,900
Sold Price
$268,500
Premium/Discount to List
-$81,400
-23.26%
Current Estimated Value
$557,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,163
Avg. Annual Appreciation
10.14%

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

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
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

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
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

  • G

    Buyer's Agent in 2018

    General NONMEMBER

    NONMEMBER MRML

See All Agents

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

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California Regional Multiple Listing Service (CRMLS) 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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