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$595,000

Beds
2
Baths
1.0
sq ft
600

319 Arroyo Dr, Big Bear Lake, CA 92315

319 Arroyo Dr

Big Bear, CA 92315

  • 210 days on market
One of California's most searched Airbnb's - BIG BEAR LAKE (Business Insider, July, 2020) This is a profitable turnkey investment casually located between the famous Big Bear Village and it's cornerstone Lake, with a peek-a-boo view of the lake. Great outdoors getaway cabin and perfect as a 4-season rental, a second home, or both! Super Cozy, this quaint cabin greets you with an open layout combined with rustic appeal. The kitchen features new appliances, led edge granite countertops and knotty pine cabinetry. Already a licensed rental, this cabin grossed 60k+ a year in 2023

Details

Property type

Single Family Residence

Est. home value

$474,937

Property condition

Updated/Remodeled

Lot size

9,782 sq ft

Price per sq ft

$992

Year built

1947

HOA

No

Price History

05/30/2024
CLAW

CLAW #24390081

Listed
$595,000
+42.69%
04/08/2021
CRMLS

CRMLS #CV21040162

Sold
$417,000
+67.47%
09/07/2018
CRMLS

CRMLS #180024601

Sold
$249,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$221,426
Asking price
$595,000
Closing costs (~8% of asking)
-$47,600
Est. remaining loan balance
-$325,974
Cash to seller
$221,426

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

Seller’s Loan History

Lender

Sun West Mortgage Company Inc

Loan start date

April 2021

Original loan amount

$355,500

Est. remaining balance

$325,974

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Kingston Landis Yi

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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542 Edgemoor Rd, Big Bear Lake, CA 92315

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536 Talmadge Rd, Big Bear Lake, CA 92315

Status: Active

Tomo last checked: 12/25/2024 at 11:10 AM

Listing updated: 12/04/2024 at 7:30 PM

Listed by: Kingston Yi, Nest Seekers Phone #: (310) 278-8861

MLS: CLAW #24390081

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