tomo logo

$625,000

Beds
4
Baths
3.0
sq ft
2,128

238 Hemlock Dr, Lake Arrowhead, CA 92352

238 Hemlock Dr

Lake Arrowhead, CA 92352

  • 104 days on market
Nestled in the highly coveted Palisades neighborhood, this charming cottage offers a retreat with over 2,000 square feet of living space.  The home features three bedrooms and two bathrooms with an additional private entrance that leads to a separate apartment, providing an additional bed and bath for a total of 4 bedrooms and 3 baths. Enjoy the convenience of level parking and near level entry with only a few steps down to the front door, making accessibility a breeze. The near level backyard is ideal for outdoor entertaining, or simply relaxing in your private oasis. Inside on the main floor you’ll find 2 large living rooms, a dining room, galley style kitchen that was recently remodeled with cafe appliances, and a main floor bed and bath. Upstairs are 2 bedrooms, both with vaulted ceilings and charming dormer windows, and a 3/4 bath.  Some big bonuses include A/C, whole house generator, updated electrical panel, newer HVAC system, and fresh paint competed Fall of 2023. Located in the desirable Palisades neighborhood, where you’re close to the lake trails and lake, along with the conveniences of Cedar Glen and lots of local shops. This home comes with Lake Rights.

Details

Property type

Single Family Residence

Est. home value

$646,541

Lot size

4,800 sq ft

Price per sq ft

$294

Year built

1950

Price History

09/29/2024
CRMLS

CRMLS #EV24166874

Listed
$625,000
09/07/2024
CRMLS

CRMLS #EV24166874

Pending
$625,000
08/13/2024
CRMLS

CRMLS #EV24166874

Listed
$625,000
+22.07%

Schools & Community

Neighborhood: 

Cedar Glen

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Fishing

High school district: 

Rim of the World

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

$155,301
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$419,699
Cash to seller
$155,301

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

Seller’s Loan History

Lender

Pennymac Loan Services Llc

Loan start date

November 2020

Original loan amount

$460,700

Est. remaining balance

$419,699

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Matthew Lefebvre and Jaimie Lefebvre

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: Active

Tomo last checked: 11/24/2024 at 9:35 PM

Listing updated: 10/10/2024 at 3:47 PM

Listed by: HOLLY MILLS, COLDWELL BANKER SKY RIDGE REALTY Phone #: (909) 336-2131

MLS: CRMLS #EV24166874

CRMLS logo

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