NOT LISTED FOR SALE

940 Inspiration Dr Lake Arrowhead, CA 92326

Estimated Value: $269,000 - $324,000

3 Beds
1 Bath
930 Sq Ft
$322/Sq Ft Est. Value

Last Sold May 02, 2024

Last sale price $280,000 $301 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,820/month

115 Days on Market

Highlights

  • View of Trees or Woods
  • No HOA
  • Cul-De-Sac
  • Main Floor Bedroom
  • Hiking Trails
  • Laundry Room

About This Home

As of May 2024

Cute mountain cottage just a short drive from Lake Arrowhead Village, Large rear sunny deck with beautiful forest view. Needs some work.

Last Agent to Sell the Property

Charles Abajian

SUCCESS REAL ESTATE Brokerage Phone: 909-518-0389 License #00801453 Listed on: 11/20/2023

Last Buyer's Agent

Victoria Murillo

OLIVEWOOD REALTY GROUP INC License #01959789

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,053

Year Built

  • Built in 1949

Lot Details

  • 3,080 Sq Ft Lot
  • Cul-De-Sac
  • Rural Setting
  • Density is up to 1 Unit/Acre
  • Property is zoned LA/RS-14M

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 930 Sq Ft Home
  • 2-Story Property
  • Views of Woods
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Floor Furnace

Listing and Financial Details

  • Legal Lot and Block 27 / 7
  • Tax Tract Number 1944
  • Assessor Parcel Number 0336144200000

Community Details

Overview

  • No Home Owners Association
  • Crest Park Subdivision
  • Mountainous Community

Recreation

  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,053

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Crest Park (CRPK)
  • View: Yes
  • Zoning: LA/RS-14M
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0336144200000
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 930.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 2
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 301.08
  • Room Type: Kitchen, Laundry, Main Floor Bedroom

Exterior Features

  • View: Trees/Woods
  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Hiking, Mountainous, Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Cul-De-Sac
  • Lot Size Sq Ft: 3080.00
  • Lot Size Acres: 0.0707

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 3080.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 7
  • Tax Census Tract: 109.03
  • Tax Lot: 27
  • Tax Tract Number: 1944

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2023
Closed on
Mar 19, 2024
Sold by
Anne Frances Ferrie Trust and Ferrie Anne F
Bought by
Zimmer Michael Carl Patrick and Ramirez-Zimmer Nicole Ann
Seller's Agent
Charles Abajian
SUCCESS REAL ESTATE
Buyer's Agent
Victoria Murillo
OLIVEWOOD REALTY GROUP INC
List Price
$319,900
Sold Price
$280,000
Premium/Discount to List
-$39,900
-12.47%
Views
152
Current Estimated Value
$299,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,090
Avg. Annual Appreciation
4.53%
Original Mortgage
$274,928
Outstanding Balance
$270,558
Interest Rate
6.87%
Mortgage Type
FHA
Estimated Equity
$28,532

Purchase Details

Listed on
Feb 13, 2019
Closed on
Jul 3, 2019
Sold by
Us Bank Trust Na
Bought by
Ferrie Anne F
Seller's Agent
Hilary Marks
LEGACY HOMES MANAGEMENT INC
Buyer's Agent
Joe Marquez
Marquez Appraisal
List Price
$199,000
Sold Price
$160,000
Premium/Discount to List
-$39,000
-19.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.53%
Original Mortgage
$157,102
Interest Rate
3.8%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 13, 2018
Sold by
Martinez Alicia
Bought by
U S Bank Trust N A

Purchase Details

Closed on
Jul 17, 2003
Sold by
Tucker Joe and Tucker Judy
Bought by
Martinez Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,216
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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
Zimmer Michael Carl Patrick $280,000 Stewart Title
Ferrie Anne F $160,000 Ticor Title Company Of Ca
U S Bank Trust N A $164,852 Lsi Title Company
Martinez Alicia $97,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zimmer Michael Carl Patrick $274,928
Previous Owner Ferrie Anne F $157,102
Previous Owner Martinez Alicia $82,216
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/02/2024 05/02/24 Sold $280,000 +1.8% $301 / Sq Ft
04/26/2024 04/26/24 Price Changed $275,000 0.0% $296 / Sq Ft
03/14/2024 03/14/24 Pending -- -- --
03/02/2024 03/02/24 Price Changed $275,000 -6.8% $296 / Sq Ft
12/01/2023 12/01/23 Price Changed $295,000 -7.8% $317 / Sq Ft
11/20/2023 11/20/23 For Sale $319,900 +99.9% $344 / Sq Ft
08/06/2019 08/06/19 Sold $160,000 0.0% $206 / Sq Ft View Prior Sale
07/03/2019 07/03/19 Pending -- -- --
06/28/2019 06/28/19 Price Changed $160,000 -11.1% $206 / Sq Ft
04/10/2019 04/10/19 Price Changed $179,900 -3.5% $232 / Sq Ft
03/11/2019 03/11/19 Price Changed $186,500 -6.3% $241 / Sq Ft
02/13/2019 02/13/19 For Sale $199,000 -- $257 / 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 $3,053 $285,600 $30,600 $255,000
2024 $3,053 $171,551 $21,443 $150,108
2023 $2,998 $168,188 $21,023 $147,165
2022 $2,923 $164,890 $20,611 $144,279
2021 $2,889 $161,657 $20,207 $141,450
2020 $2,895 $160,000 $20,000 $140,000
2019 $3,039 $168,149 $20,400 $147,749
2018 $2,254 $120,865 $7,496 $113,369
2017 $2,850 $118,495 $7,349 $111,146
2016 $2,593 $116,172 $7,205 $108,967
2015 $2,561 $114,427 $7,097 $107,330
2014 $2,357 $112,186 $6,958 $105,228
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV23213905

California Regional Multiple Listing Service (CRMLS)

APN: 0336-144-20