NOT LISTED FOR SALE

700 Community Dr Lake Arrowhead, CA 92352

Estimated Value: $634,830 - $810,000

4 Beds
2.5 Baths
1,789 Sq Ft
$395/Sq Ft Est. Value

Last Sold September 07, 2022

Last sale price $674,000 $377 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,518/month

46 Days on Market

Highlights

  • View of Trees or Woods
  • Main Floor Bedroom
  • Furnished
  • Multi-Level Bedroom
  • Living Room with Attached Deck
  • No HOA

About This Home

As of September 2022

Nestled in a residential area of Arrowhead Villas is this 1,789 square foot fully furnished, renovated home which is fully equipped and ready for short term rental. This home features 4 bedrooms/2.5 baths + detached fully remodeled Studio/Loft with Bi-fold door situated on 2 lots with grade level 4 car parking. The main level features living, dining, kitchen, bedroom, and full bathroom. Kitchen includes new Butcher block counter tops, new USB outlets and stainless-steel appliances. Upstairs has 2 more bedrooms with a fully remodeled half bath. The lower level features a large sized bedroom with a fully remodeled bathroom, laundry room, and storage space. Home is equipped with new sewer-line (ABS piping), new 1300-watt generator, new energy efficient furnace AC ready and smart Nest self-learning thermostat, smart home with surround sound system (Nest front camera, doorbell with video/audio and a smart self-learning thermostat) on main level with full house temperature sensors. Dual pane windows (Milguard) throughout, brand new mahogany frosted glass entry door, new Redwood deck, new solid core doors on main and lower level and total new interior and exterior paint. Many more updates done, too much to list. House needs nothing, move in ready or rent. Excellent short-term rental potential. A great Investment opportunity. Arrowhead Villas has their own mutual water system approx. $80 a month paid on a quarterly basis for your water, snow removal, trash pick-up and road maintenance. This turn-key home is centrally located and minute’s drive to the lake, retail shops, restaurants, and grocery store. There is a seasonal stream across the street. Don't miss out on this gem!

Last Agent to Sell the Property

Mahshid Garakani

Bullock Russell RE Services License #01383926 Listed on: 06/24/2022

Bullock Russell RE Services

Last Buyer's Agent

Gary Crow

Fusion Realty Group License #01402114

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,176

Year Built

  • Built in 1935 | Remodeled

Lot Details

  • 5,600 Sq Ft Lot
  • Rural Setting
  • Wood Fence
  • Garden
  • Density is up to 1 Unit/Acre
  • Property is zoned LA/RS-14M

Property Views

  • Woods
  • Mountain

Home Design

  • Turnkey
  • Composition Roof

Interior Spaces

  • 1,789 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Double Pane Windows
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Multi-Level Bedroom
  • Remodeled Bathroom
  • Bathroom on Main Level
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Available
  • Gentle Sloping Lot
  • Driveway

Outdoor Features

  • Balcony
  • Patio
  • Outdoor Grill

Utilities

  • Cooling Available
  • Forced Air Heating System
  • High Efficiency Heating System
  • Floor Furnace
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1445
  • Tax Tract Number 2284
  • Assessor Parcel Number 0332054420000

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,176

Year Built

Built in 1935 | Remodeled

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: FURNITURE, REFRIGERATOR, WASHER/DRYER
  • Other Phone Description: 949-636-5338
  • Property Attached: No
  • View: Yes
  • Zoning: LA/RS-14M
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0332054420000
  • Year Built: 1935
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1789.00 Square Feet
  • Interior Amenities: Balcony, Furnished, Living Room Deck Attached
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: Dining Room
  • Fireplace Features: Family Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 376.75
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Multi-Level Bedroom
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower In Tub, Main Floor Full Bath, Remodeled

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private
  • View: Mountain(s), Trees/Woods
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Deck, Patio
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
  • Heating Type: Floor Furnace, Forced Air, High Efficiency
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Schools

  • School District: Rim of the World

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Garden, Gentle Sloping, Up Slope from Street
  • Lot Size Sq Ft: 5600.00
  • Lot Size Acres: 0.1286

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5600.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 110.03
  • Tax Lot: 1445
  • Tax Tract Number: 2284

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Aug 30, 2022
Sold by
Perrino Alejandro A
Bought by
Crow Chad C and Crow Kimberly
Seller's Agent
Mahshid Garakani
Bullock Russell RE Services
Buyer's Agent
Gary Crow
Fusion Realty Group
List Price
$689,000
Sold Price
$674,000
Premium/Discount to List
-$15,000
-2.18%
Views
26
Current Estimated Value
$685,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,427
Avg. Annual Appreciation
0.46%
Original Mortgage
$326,719
Outstanding Balance
$313,131
Interest Rate
5.3%
Mortgage Type
Balloon
Estimated Equity
$369,992

Purchase Details

Closed on
Jun 18, 2022
Sold by
Ariel Perrino Alejandro
Bought by
Perrino Living Trust

Purchase Details

Listed on
Dec 23, 2020
Closed on
Feb 3, 2021
Sold by
Estrada Jaskye
Bought by
Perrino Alejandro Ariel
Seller's Agent
MICHELLE HUTTON
COLDWELL BANKER SKY RIDGE REALTY
Buyer's Agent
Out Of Area Agent
Out Of Area Office
List Price
$325,000
Sold Price
$345,000
Premium/Discount to List
$20,000
6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.51%
Original Mortgage
$327,750
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 23, 2020
Closed on
Feb 2, 2021
Sold by
Estrada Jaskye
Bought by
Perrino Alejandro Ariel
Seller's Agent
MICHELLE HUTTON
COLDWELL BANKER SKY RIDGE REALTY
Buyer's Agent
Out Of Area Agent
Out Of Area Office
List Price
$325,000
Sold Price
$345,000
Premium/Discount to List
$20,000
6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,750
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 23, 2020
Closed on
Jan 11, 2021
Sold by
Bechara Georges
Bought by
Perrino Alejandro Ariel
Seller's Agent
MICHELLE HUTTON
COLDWELL BANKER SKY RIDGE REALTY
Buyer's Agent
Out Of Area Agent
Out Of Area Office
List Price
$325,000
Sold Price
$345,000
Premium/Discount to List
$20,000
6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,750
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 26, 2006
Sold by
Georges Tania
Bought by
Georges Bechara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
8.57%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 7, 2006
Sold by
Murray Michael and Murray Sharan
Bought by
Georges Bechara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
8.57%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 4, 2002
Sold by
Morris Norman C
Bought by
Murray Michael and Murray Sharan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
6.85%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 14, 1999
Sold by
Emc Mtg Corp
Bought by
Morris Norman C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,600
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 1998
Sold by
Krup Richard D and Krup Debra M
Bought by
Emc Mtg Corp
Source: Public Records

Range of Values:

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Average Value
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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
Crow Chad C $674,000 California Title Company
Perrino Living Trust -- None Listed On Document
Perrino Alejandro Ariel -- Wfg National Title Co Of Ca
Perrino Alejandro Ariel -- Wfg National Title
Perrino Alejandro Ariel $345,000 Wfg Title Insurance
Georges Bechara -- Commonwealth
Georges Bechara $215,000 Commonwealth Land Title Co
Murray Michael -- Commonwealth Land Title Co
Morris Norman C $82,000 Old Republic Title Company
Emc Mtg Corp -- Benefit Land Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crow Chad C $326,719
Previous Owner Perrino Alejandro Ariel $327,750
Previous Owner Perrino Alejandro Ariel $327,750
Previous Owner Georges Bechara $172,000
Previous Owner Murray Michael $130,000
Previous Owner Murray Michael $40,000
Previous Owner Murray Michael $98,000
Previous Owner Morris Norman C $65,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2022 09/07/22 Sold $674,000 0.0% $377 / Sq Ft
08/10/2022 08/10/22 Pending -- -- --
07/21/2022 07/21/22 Price Changed $674,000 -2.2% $377 / Sq Ft
06/24/2022 06/24/22 For Sale $689,000 +99.7% $385 / Sq Ft
02/26/2021 02/26/21 Sold $345,000 +6.2% $241 / Sq Ft
12/28/2020 12/28/20 Pending -- -- --
12/23/2020 12/23/20 For Sale $325,000 -- $227 / 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
2025 $9,176 $701,230 $84,148 $617,082
2024 $9,176 $687,480 $82,498 $604,982
2023 $9,047 $674,000 $80,880 $593,120
2022 $5,209 $351,900 $42,228 $309,672
2021 $4,213 $266,118 $31,934 $234,184
2020 $3,717 $221,500 $44,300 $177,200
2019 $3,597 $215,000 $43,000 $172,000
2018 $2,952 $182,000 $36,100 $145,900
2017 $2,786 $169,300 $33,600 $135,700
2016 $2,620 $159,700 $31,700 $128,000
2015 $2,533 $150,700 $29,900 $120,800
2014 $2,296 $131,000 $26,000 $105,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22135415

California Regional Multiple Listing Service (CRMLS)

APN: 0332-054-42