tomo logo

$899,900

Beds
4
Baths
3.5
sq ft
2,553

1224 Redwood Dr, Big Bear Lake, CA 92315

1224 Redwood Dr

Big Bear Lake, CA 92315

  • 143 days on market
    • Price drop $89,100↓
***MASSIVE PRICE REDUCTION***SELLER WANTS IT SOLD***Beautifully renovated vacation home! Ideal for investors looking for a turnkey rental property. This 4 bedroom and 3.5 bathroom gem has been freshly painted with a thoroughly remodeled and furnished interior. It can be easily separated into two units, each with a private entrance making it into a 3/2 and 1/1 property. As you enter you are greeted with a spacious floor plan with wings for the kitchen and adjoining bedrooms. Upstairs can be found a fully furnished private guest quarters with a bedroom, full bath, kitchen, and a living room making it perfect for renting, as a bachelor pad, or for the visiting in-laws. Plenty of parking in the driveway easily fits an RV, and 2 car garage. Located in the desirable Fox Farm and close to the village, the lake, marinas, and the ski resorts. Perfect for recreation as it boasts a basketball court in the backyard as well as an above-ground spa/jacuzzi, BBQ area in the backyard as well as in the front porch. Do not miss out on this opportunity!

Details

Property type

Single Family Residence

Est. home value

$950,199

Property condition

Updated/Remodeled

Lot size

0.2364 acres

Price per sq ft

$353

Year built

1979

Price History

08/09/2024
CRMLS

CRMLS #DW24085128

Price change
$899,900
-9.01%
06/04/2024
CRMLS

CRMLS #DW24085128

Price change
$989,000
-1.09%
04/29/2024
CRMLS

CRMLS #DW22223991

Removed
$999,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Bear Valley Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Hometown Equity Mortgage

Loan start date

January 2022

Original loan amount

$672,000

Est. remaining balance

Not provided

Interest rate

3.1%

Loan type

Building or Construction Loan, 30 year

Seller

Frank A Mendoza Jr

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Price drop
CRMLS
$999,888
4 bd
|
3.5 ba
|
2,436 sq ft
|
House

615 Thrush Dr, Big Bear Lake, CA 92315

Price drop
CRMLS
$825,000
4 bd
|
3.75 ba
|
2,012 sq ft
|
House

292 Towhee Ct, Big Bear Lake, CA 92315

CRMLS
$849,000
4 bd
|
3.5 ba
|
2,205 sq ft
|
House

41779 Garstin Dr, Big Bear Lake, CA 92315

Status: Active

Tomo last checked: 09/19/2024 at 2:45 PM

Listing updated: 08/08/2024 at 6:25 PM

Listed by: Herbert Diaz, PLF Real Estate Solutions Phone #: (562) 639-9636

MLS: CRMLS #DW24085128

CRMLS logo

Recently listed in Big Bear Lake