NOT LISTED FOR SALE

707 Oakmont Ln Lake Arrowhead, CA 92352

Estimated Value: $406,000 - $643,987

4 Beds
2.5 Baths
1,800 Sq Ft
$305/Sq Ft Est. Value

Last Sold April 13, 2022

Last sale price $610,000 $339 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $3,781/month

6 Days on Market

Highlights

  • Lake View
  • Laundry Room
  • Central Heating
  • Living Room
  • Mountainous Community

About This Home

As of April 2022

Welcome To Your Cabin! This truly remarkable mountain chalet is conveniently located near the Lake Arrowhead Village and just minutes away from Skypark, hiking, biking and open trails. This rustic mountain home features open main level w/ vaulted ceilings offering the most tranquil treetop views along with peekaboo of the lake. This main floor also showcases beautiful floors, gorgeous fireplace with wood mantel and half bath. Spacious tri-level, 1,800 sq ft, 3 bed/2.5 bath + laundry room, & not to mention the fantastic rustic bar area with games and sitting area for more entertaining. Lower level also has 2 more bedrooms. Home comes furnished minus seller's inventory list. Each floor has its own deck and you'll feel like your truly in the mountains where ever you are in this home. Parking deck. Newer Upper deck Trex decking and rails. This home is also used as a successful vacation rental through Vrbo and Airbnb - links will be attached. Come and start enjoying this fantastic home and watch the 4th of July Fireworks from your very own deck! Start making memories today! This property does not include lake rights.

Last Agent to Sell the Property

SARAH POLLEY

Windermere Real Estate License #01992660 Listed on: 03/26/2022

Windermere Real Estate

Last Buyer's Agent

Houchik Boyadjian

JohnHart Real Estate License #00888720

JohnHart Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,557

Year Built

  • Built in 1980

Lot Details

  • 4,608 Sq Ft Lot
  • Rural Setting
  • No Landscaping
  • Lot Sloped Down
  • Property is zoned LA/RS-14M

HOA Fees

  • $83 Monthly HOA Fees

Property Views

  • Lake
  • Woods
  • Mountain

Interior Spaces

  • 1,800 Sq Ft Home
  • 3-Story Property
  • Family Room with Fireplace
  • Living Room
  • Game Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Heating

Community Details

  • Arrowhead Villas Mutual Association, Phone Number (909) 337-4259
  • Arrowhead Villas Mutual Services HOA
  • Mountainous Community

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 2084
  • Assessor Parcel Number 0332074160000
  • $4,985 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,557

Year Built

Built in 1980

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: LA/RS-14M
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0332074160000
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1800.00 Square Feet
  • Stories: 3
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Game Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 338.89
  • Room Type: Family Room, Kitchen, Laundry, Living Room

Exterior Features

  • View: Lake, Mountain(s), Trees/Woods
  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Trash, Water
  • Association Fee: 1000.00
  • Association Fee Frequency: Annually
  • Association Name: Arrowhead Villas Mutual
  • Phone: 909-337-4259
  • Senior Community: No
  • Community Features: Mountainous, Rural
  • Association Management: Arrowhead Villas Mutual Services

Schools

  • School District: Rim of the World

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sloped Down, No Landscaping
  • Lot Size Sq Ft: 4608.00
  • Lot Size Acres: 0.1058

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4608.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 109.01
  • Tax Lot: 20
  • Tax Tract Number: 2084
  • TaxOtherAnnualAssessmentAmount: 4985.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2024
Sold by
Minassian Ary and Minassian Mary
Bought by
Lusso Properties Llc
Current Estimated Value
$548,997

Purchase Details

Listed on
Mar 26, 2022
Closed on
Apr 8, 2022
Sold by
Zerbst Family Trust
Bought by
Minassian Ary and Minassian Mary
Seller's Agent
SARAH POLLEY
Windermere Real Estate
Buyer's Agent
Houchik Boyadjian
JohnHart Real Estate
List Price
$575,000
Sold Price
$610,000
Premium/Discount to List
$35,000
6.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.06%

Purchase Details

Listed on
Mar 27, 2018
Closed on
Apr 4, 2018
Sold by
Black Bruce M and Black Ruth S
Bought by
Zerbst Bradley J and Zerbst Jennifer D
Seller's Agent
Richard Teachout
MOUNTAIN COUNTRY REALTY, INC.
Buyer's Agent
SARAH POLLEY
Windermere Real Estate
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.16%
Original Mortgage
$252,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2010
Sold by
Velasquez Michael A and Hainsworth Velasquez Lindsay S
Bought by
Black Bruce M and Black Ruth S

Purchase Details

Closed on
Jul 31, 2007
Sold by
Chilson Daniel M and Chilson Catherine J
Bought by
Velasquez Michael A and Hainsworth Velasquez Lindsay S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,000
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2006
Sold by
Butler Larry G and Butler Patricia A
Bought by
Chilson Daniel M and Chilson Catherine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,500
Interest Rate
6.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 6, 2000
Sold by
Kruger Edward S Tr
Bought by
Butler Larry G and Butler Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
8.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 1998
Sold by
Kruger Edward S and Kruger Claire L
Bought by
Kruger Edward S

Purchase Details

Closed on
Jun 25, 1998
Sold by
Kruger Edward S
Bought by
Kruger Edward S and Kruger Claire L

Purchase Details

Closed on
Nov 27, 1996
Sold by
Balmer Carl E and Balmer Merle L
Bought by
Kruger Edward S and Kruger Claire L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,128
Interest Rate
7.67%
Mortgage Type
Seller Take Back
Source: Public Records

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
Lusso Properties Llc $410,000 Consumers Title
Minassian Ary $610,000 Lawyers Title
Zerbst Bradley J $315,000 Stewart Title Of California
Black Bruce M $194,500 Stewart Title
Velasquez Michael A $407,000 Commonwealth Land Title Co
Chilson Daniel M $355,000 First American
Butler Larry G $186,000 Fidelity National Title Ins
Kruger Edward S -- Benefit Land Title
Kruger Edward S -- Benefit Land Title
Kruger Edward S -- Benefit Land Title
Kruger Edward S $37,500 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zerbst Bradley J $250,000
Previous Owner Zerbst Bradley J $252,000
Previous Owner Velasquez Michael A $317,000
Previous Owner Chilson Daniel M $35,500
Previous Owner Chilson Daniel M $284,000
Previous Owner Butler Larry G $13,351
Previous Owner Butler Larry G $170,000
Previous Owner Butler Larry G $83,668
Previous Owner Butler Larry G $84,000
Previous Owner Kruger Edward S $117,128
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2022 04/13/22 Sold $610,000 +6.1% $339 / Sq Ft
04/01/2022 04/01/22 Pending -- -- --
03/26/2022 03/26/22 For Sale $575,000 +82.5% $319 / Sq Ft
04/27/2018 04/27/18 Sold $315,000 -3.1% $175 / Sq Ft
03/28/2018 03/28/18 Pending -- -- --
03/27/2018 03/27/18 For Sale $325,000 -- $181 / 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 $8,557 $410,000 $45,000 $365,000
2024 $8,557 $634,644 $76,157 $558,487
2023 $8,436 $622,200 $74,664 $547,536
2022 $5,042 $337,744 $40,529 $297,215
2021 $4,985 $331,121 $39,734 $291,387
2020 $4,992 $327,726 $39,327 $288,399
2019 $4,863 $321,300 $38,556 $282,744
2018 $3,375 $219,002 $26,279 $192,723
2017 $3,304 $214,708 $25,764 $188,944
2016 $3,192 $210,498 $25,259 $185,239
2015 $3,173 $207,337 $24,880 $182,457
2014 $3,114 $203,276 $24,393 $178,883
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV22060577

California Regional Multiple Listing Service (CRMLS)

APN: 0332-074-16