NOT LISTED FOR SALE

684 Forest Shade Rd Crestline, CA 92325

Estimated Value: $312,000 - $400,000

2 Beds
2 Baths
800 Sq Ft
$428/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $350,000 $438 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,321/month

14 Days on Market

Highlights

  • Access To Lake
  • Mountain View
  • Property is near a park
  • Fishing
  • Community Lake
  • Main Floor Bedroom

About This Home

As of May 2022

Opportunity is knocking and you should DEFINITELY answer!!! This is an amazing chance to begin or add to your investment portfolio! If you're just getting your portfolio going, the property at 684 Forest Shade will offer you the potential to purchase the property as an owner-occupied residence, using owner occupied financing, and you'll be able to live in one of the units and use the 2nd unit to generate rental income to help cover your mortgage payments! House Hacking 101! And for this price, it's a GREAT asset to start off with! There are 2 individual detached units. Each unit is a 1 bed/1 bath appx 400 square foot residence. The front unit has an attached laundry/storage/closet area in the rear. The 2nd unit has a detached wood storage shed/structure with washer and dryer hookups directly behind it, and offers tons of extra storage space. There's also a small yard and additional space on the back corner of the property. Each unit also offers a kitchen with gas stove, a small dining area and a living room. The units are individually metered for utilities and water. And if you're a seasoned investor or looking for airBnB potential, this property may be just what you're looking for as well! Lake Gregory is just minutes up the hill from the 210 freeway, and offers so much adventure and recreation! Water slides and water fun during the summer months, year round fishing, a walking trail around the lake, tons of outdoor hiking and exploring options. You're only about 45 minutes to an hour across the mountain to Lake Arrowhead and Big Bear for snow skiing, mountain biking, and more outdoor fun. Crestline offers a small town vibe with local eats and a well stocked yet small town grocer at Goodwin & Son's Market for all your shopping needs. There's also tennis & basketball courts, a playground, a skate park, and the lake, all within walking distance to the property!

Last Listed By

Lacy Williams

Williams & Co. Real Estate License #01372582 Listed on: 03/07/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,055

Year Built

  • Built in 1984

Lot Details

  • 4,000 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Chain Link Fence

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 800 Sq Ft Home
  • 1-Story Property
  • Family Room Off Kitchen
  • Living Room
  • Vinyl Flooring

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Gas Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • Parking Available
  • Shared Driveway
  • Off-Street Parking
  • RV Potential

Outdoor Features

  • Access To Lake
  • Shed

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Septic Type Unknown

Additional Features

  • Two Homes on a Lot
  • Property is near a park

Listing and Financial Details

  • Tax Lot 1481
  • Tax Tract Number 1989
  • Assessor Parcel Number 0338282070000
  • $1,274 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Community Lake

Recreation

  • Fishing
  • Park
  • Water Sports
  • Hiking Trails

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,055

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: CF/RS-14M
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 0338282070000
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 800.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: In Kitchen
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 437.50
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Kitchen Open To Family Room

Exterior Features

  • Other Structures: Shed(s), Two On A Lot
  • View: Mountain(s), Neighborhood
  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Asphalt, Off Street, RV Potential, Shared Driveway

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Central
  • Laundry Features: Inside, Outside
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Fishing, Hiking, Lake, Park, Watersports

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 4000.00
  • Lot Size Acres: 0.0918

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4000.0000 Square Feet
  • Number Of Units Total: 2
  • Waterfront Features: Fishing in Community, Lake

Tax Info

  • Tax Census Tract: 108.04
  • Tax Lot: 1481
  • Tax Tract Number: 1989
  • TaxOtherAnnualAssessmentAmount: 1274.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2021
Sold by
Weller Alan Frank and Weller Sheryl Jean
Bought by
Weller Alan Frank and Weller Sheryl Jean
Total Days on Market
14
Current Estimated Value
$342,688

Purchase Details

Listed on
Jul 12, 2012
Closed on
Jul 30, 2012
Sold by
Deutsche Bank National Trust Company
Bought by
Weller Alan and Weller Sheryl
Seller's Agent
Frank Sottile
RE/MAX LAKESIDE
Buyer's Agent
Out Of Area Agent
Out Of Area Office
List Price
$64,900
Sold Price
$64,500
Premium/Discount to List
-$400
-0.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.02%

Purchase Details

Closed on
Dec 22, 2011
Sold by
Anderson Michael S and Anderson Andrea E
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Apr 20, 2006
Sold by
Ward Stephen D
Bought by
Anderson Michael S and Anderson Andrea E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.52%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 29, 2004
Sold by
Paleno Virginia
Bought by
Ward Stephen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2003
Sold by
Jagt Terrence L and Jagt Ardee J
Bought by
Paleno Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,250
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Weller Alan Frank -- None Available
Weller Alan $65,000 Lsi Title Company Inc
Deutsche Bank National Trust Company $59,375 Accommodation
Anderson Michael S $180,000 First American Title Co
Ward Stephen D $125,000 Lawyers Title Company
Paleno Virginia $92,500 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anderson Michael S $144,000
Previous Owner Ward Stephen D $112,500
Previous Owner Paleno Virginia $83,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $350,000 +27.3% $438 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
03/19/2022 03/19/22 For Sale $274,900 -21.5% $344 / Sq Ft
03/14/2022 03/14/22 Off Market $350,000 -- --
03/07/2022 03/07/22 For Sale $274,900 +326.2% $344 / Sq Ft
08/17/2012 08/17/12 Sold $64,500 -0.6% $81 / Sq Ft
07/12/2012 07/12/12 Pending -- -- --
07/12/2012 07/12/12 For Sale $64,900 -- $81 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2024 $5,055 $364,140 $52,020 $312,120
2023 $4,634 $357,000 $51,000 $306,000
2022 $1,289 $350,000 $70,000 $280,000
2021 $1,274 $73,835 $13,652 $60,183
2020 $1,269 $73,078 $13,512 $59,566
2019 $1,246 $71,645 $13,247 $58,398
2018 $1,116 $70,240 $12,987 $57,253
2017 $1,101 $68,862 $12,732 $56,130
2016 $1,075 $67,511 $12,482 $55,029
2015 $1,027 $66,497 $12,295 $54,202
2014 $1,013 $65,194 $12,054 $53,140
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW22045159

California Regional Multiple Listing Service (CRMLS)

APN: 0338-282-07