NOT LISTED FOR SALE

661 Spruce Rd Big Bear Lake, CA 92315

Estimated Value: $747,178 - $1,112,000

6 Beds
5 Baths
2,580 Sq Ft
$344/Sq Ft Est. Value

Last Sold October 18, 2021

Last sale price $774,900 $300 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,668/month

127 Days on Market

Highlights

  • Parking available for a boat
  • Wood Burning Stove
  • Level Lot
  • 17,000 Sq Ft lot
  • 1-Story Property

About This Home

As of October 2021

Great opportunity to own this Four Unit Investment Property on a 17,000 s.f. lot. Conveniently located in prime location with close proximity to the Alpine Slide Recreation Zone, Snow Play, Village Shops, Restaurants, Entertainment and Lake. Current owner has done extensive remodeling on each unit as well as replaced the roof at buildings 1 & 2. Three Units are on a month-to-month lease through Property Manager. Unit 2 is on vacation rental with Cool Cabins and averages $1,700 monthly. Large lot allows for parking of trailers, boats, RV’s etc. Each unit supplied with individual Gas and Electric Meters. Water is common for all units.

Last Agent to Sell the Property

Steve Hirschler

Keller Williams Big Bear License #01703081 Listed on: 06/11/2021

Keller Williams Big Bear

Last Buyer's Agent

Nonexistant Agent

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1936

Lot Details

  • 0.39 Acre Lot
  • Level Lot

Interior Spaces

  • 2,580 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Parking

  • Gravel Driveway
  • Dirt Driveway
  • Parking available for a boat
  • RV Access or Parking

Utilities

  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Connected

Community Details

  • 4 Units
  • Gross Income $52,440

Listing and Financial Details

  • Tenant pays for tenant pays cable, tenant pays electric, tenant pays gas
  • The owner pays for water paid by owner
  • Assessor Parcel Number 0308-074-03-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Multi Unit Residential
  • Cross Street: Big Bear Blvd
  • Stories: One Story
  • Year Built: 1936
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 5.00
  • Total Bedrooms: 6
  • Total Sq Ft: 2580

Exterior Features

  • Driveways: Dirt Driveway, Gravel Driveway
  • Frontage: Fronts Street
  • Roads: Paved & Maintained
  • St Frontage: 100

Garage/Parking

  • Parking: 1-5 Parking Spaces, Boat Parking, RV Parking

Utilities

  • Heating: Natural Gas Heat, Wood Stove
  • Utilities: Electric Connected, Natural Gas Connected, Sep Elec Meter
  • Water Sewer: Sewer Connected, Water Supplied By DWP

Lot Info

  • Location: Land Location, Stand Alone
  • Lot Size Sq Ft: 17000
  • Parcel Number: 0308-074-03-0000
  • Sec Side Lot Dim: 173
  • Three Side Lot Dim: 101
  • Topography: Level

Rental Info

  • Paid By Owner: Water Paid By Owner
  • Tenant Pays: Tenant Pays Cable, Tenant Pays Electric, Tenant Pays Gas

Multi Family

  • Investment Type: Residential Investment - Units
  • Number Of Units: 4
  • Unit Count: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2021
Closed on
Aug 24, 2021
Sold by
Tack Llc
Bought by
Thomas Milton and Thomas Shannon N
Seller's Agent
Steve Hirschler
Keller Williams Big Bear
Buyer's Agent
Nonexistant Agent
List Price
$795,000
Sold Price
$774,900
Premium/Discount to List
-$20,100
-2.53%
Current Estimated Value
$887,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,645
Avg. Annual Appreciation
3.23%
Original Mortgage
$774,900
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Listed on
May 4, 2017
Closed on
Oct 30, 2017
Sold by
Steward Paul A and Steward Joyce
Bought by
Tack Llc
Seller's Agent
Daniel Bathurst
Strategy Realty
Buyer's Agent
Steve Hirschler
Keller Williams Big Bear
List Price
$359,000
Sold Price
$280,599
Premium/Discount to List
-$78,401
-21.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.24%

Purchase Details

Closed on
Nov 25, 2005
Sold by
Steward Paul A and Steward Joyce
Bought by
Steward Paul A and Steward Joyce

Purchase Details

Closed on
Sep 2, 2003
Sold by
Steward Paul A and Steward Joyce
Bought by
Steward Paul A and Steward Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2002
Sold by
Steward Paul A and Steward Joyce
Bought by
Steward Paul A and Steward Joyce S

Purchase Details

Closed on
Feb 22, 1994
Sold by
Steward Paul A and Steward Joyce S
Bought by
Steward Paul A and Steward Joyce S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage
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
Thomas Milton $775,000 Chicago Title Inland Empire
Tack Llc $281,000 Lawyers Title
Steward Paul A -- None Available
Steward Paul A -- Commonwealth Land Title Co
Steward Paul A -- --
Steward Paul A -- Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thomas Milton $774,900
Previous Owner Steward Paul A $133,000
Previous Owner Steward Paul A $83,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2021 10/18/21 Sold $774,900 0.0% $300 / Sq Ft
10/16/2021 10/16/21 Pending -- -- --
07/29/2021 07/29/21 Price Changed $774,900 -2.5% $300 / Sq Ft
06/11/2021 06/11/21 For Sale $795,000 +183.3% $308 / Sq Ft
11/03/2017 11/03/17 Sold $280,599 -21.8% $109 / Sq Ft View Prior Sale
11/01/2017 11/01/17 Pending -- -- --
05/04/2017 05/04/17 For Sale $359,000 -- $139 / Sq Ft
Source: Mountain Resort Communities Association of Realtors®

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 $12,605 $822,330 $159,181 $663,149
2024 $12,161 $806,206 $156,060 $650,146
2023 $11,703 $790,398 $153,000 $637,398
2022 $6,151 $774,900 $150,000 $624,900
2021 $5,863 $295,274 $136,653 $158,621
2020 $5,850 $292,247 $135,252 $156,995
2019 $5,729 $286,517 $132,600 $153,917
2018 $5,540 $280,899 $130,000 $150,899
2017 $4,289 $174,373 $79,261 $95,112
2016 $4,192 $170,954 $77,707 $93,247
2015 $4,152 $168,386 $76,540 $91,846
2014 $4,099 $165,088 $75,041 $90,047
Source: Public Records

Agents Affiliated with this Home

  • Steve Hirschler

    Seller's Agent in 2021

    Steve Hirschler

    Keller Williams Big Bear

    (909) 725-5889

    193 in this area

    527 Total Sales

    Steve Hirschler
    Section Image

  • N

    Buyer's Agent in 2021

    Nonexistant Agent

  • Daniel Bathurst

    Seller's Agent in 2017

    Daniel Bathurst

    Strategy Realty

    (909) 226-6023

    3 Total Sales

    Daniel Bathurst
    Section Image
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Map

Source: Mountain Resort Communities Association of Realtors®

MLS Number: 32105353

Mountain Resort Communities Association of Realtors®

APN: 0308-074-03

California San Bernardino County Big Bear Lake 92315

661 Spruce Rd, Big Bear Lake, CA

Not Listed for Sale

MultiFamily

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