tomo logo

$499,800

Beds
3
Baths
2.0
sq ft
1,088

27941 Rainbow Dr, Lake Arrowhead, CA 92352

27941 Rainbow Dr

Lake Arrowhead, CA 92352

  • 108 days on market
    • Price drop $9,200↓
Located just a short stroll from the vibrant Lake Arrowhead Village, this charming home offers the ultimate retreat with modern amenities and cozy Lake Arrowhead living. As a licensed short-term rental, this property is perfect for vacationers seeking a serene escape or investors looking for a lucrative rental opportunity. Enjoy the convenience of being within walking distance to Lake Arrowhead Village, filled with shopping, dining, and entertainment options. Plus, take advantage of the exclusive lake rights that come with this home. Recently updated with new windows, window coverings, and carpet throughout, the interior boasts fresh paint, giving the home a bright and inviting atmosphere. The newly remodeled kitchen features brand-new updated appliances, and resurfaced cabinets, making it a joy to prepare meals for family and friends. Upstairs, you'll find large, oversized bedrooms that can comfortably sleep up to 10 guests. The generous space ensures everyone has a comfortable place to rest. Whether you're looking for a tranquil retreat or a stylish rental property, this Lake Arrowhead home offers it all. Don't miss the chance to own a piece of lakeside paradise with all the modern comforts you desire. Contact us today to schedule a viewing and experience this beautiful home for yourself!

Details

Property type

Single Family Residence

Est. home value

$482,764

Lot size

7,000 sq ft

Price per sq ft

$460

Year built

1969

HOA

No

Price History

08/11/2024
CRMLS

CRMLS #EV24149126

Price change
$499,800
-1.81%
08/08/2024
CRMLS

CRMLS #EV24149126

Price change
$509,000
-5.57%
07/20/2024
CRMLS

CRMLS #EV24149126

Listed
$539,000
+19.78%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Rim Of The World

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

$37,071
Asking price
$499,800
Closing costs (~8% of asking)
-$39,984
Est. remaining loan balance
-$422,745
Cash to seller
$37,071

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

September 2023

Original loan amount

$427,500

Est. remaining balance

$422,745

Interest rate

6.96%

Loan type

New Conventional, 30 year

Seller

James A Ponce

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: 11/04/2024 at 8:20 PM

Listing updated: 11/01/2024 at 3:40 PM

Listed by: Gabe Pope, PRIME PROPERTIES Phone #: (909) 337-7653

MLS: CRMLS #EV24149126

CRMLS logo

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