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$1,128,309Estimated home value

Beds
4
Baths
4.0
sq ft
3,264

224 Teakwood Dr, Big Bear Lake, CA 92315

224 Teakwood Dr

Big Bear, CA 92315

  • Sold On 5/13/2022
HOT LISTING!! Centrally located and near the ski slopes, downtown Big Bear, shopping, golf, zoo and the lake! This property is masterfully built on a corner lot with the cabin feel you are looking for when you are in Big Bear. Plenty of lot space for family gatherings, kids playing in the snow, or even a great idea for AIRBNB for short term rental investors! Or, just simply utilize for fam vacations and friends with plenty of room to get some R&R. Come see this cabin ASAP before its gone!

Details

Property type

Single Family Residence

Est. home value

$1,128,309

Lot size

0.4123 acres

Price per sq ft

$305

Year built

1984

Price History

11/01/2024
CRMLS

CRMLS #PW24117039

Removed
$1,090,000
06/22/2024
CRMLS

CRMLS #PW24117039

Listed
$1,090,000
+10.1%
03/07/2022
CRMLS

CRMLS #CV22001600

Sold
$990,000
+83.33%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Big Bear

Community features: 

Street Lights

High school district: 

Bear Valley Unified

Negotiation Insights

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

Seller could get up to

$355,815
Asking price
$995,000
Closing costs (~8% of asking)
-$79,600
Est. remaining loan balance
-$559,585
Cash to seller
$355,815

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Change Lending Llc

Loan start date

January 2022

Original loan amount

$594,000

Est. remaining balance

$559,585

Interest rate

3.11%

Loan type

New Conventional, 30 year

Seller

Charles David Selstad and Kelly Selstad

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?

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Status: Off Market

Tomo last checked: 11/04/2024 at 8:15 PM

Listing updated: 07/19/2024 at 3:35 PM

Listed by: Alfred Saiz, ALL ENCOMPASS REALTY Phone #: (909) 251-0609

MLS: CRMLS #CV22001600

CRMLS logo

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