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$395,987

Beds
2
Baths
2.0
sq ft
750

40168 Highland Rd, Big Bear Lake, CA 92315

40168 Highland Rd

Big Bear Lake, CA 92315

  • 64 days on market
This property was beautifully remodeled, making it a fantastic residence, vacation home and vacation rental in Big Bear. Opportunity is knocking loudly! With this property, it is still possible for you to get a 3.5 interest rate with creative financing options available via Lease Option to buy, or a Land Contract, until you pay it off or refinance. You will need approximately 10 percent or more down to qualify, with a bit of a seller carry-back.

Details

Property type

Single Family Residence

Est. home value

$376,463

Lot size

5,421 sq ft

Price per sq ft

$528

Year built

1939

Price History

11/27/2024
SanDiego

SanDiego #SDC0000973

Listed
$395,987
+21.84%
10/17/2024
CRMLS

CRMLS #EV22118723

Removed
$325,000
09/20/2024
CRMLS

CRMLS #EV22118723

Listed
$325,000

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

$10,331
Asking price
$395,987
Closing costs (~8% of asking)
-$31,679
Est. remaining loan balance
-$353,977
Cash to seller
$10,331

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

Seller’s Loan History

Lender

Lone Mortgag Inc

Loan start date

January 2022

Original loan amount

$378,000

Est. remaining balance

$353,977

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Jeremy Joseph Skarr and Leonard Fortune Paulo

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?

Status: Active

Tomo last checked: 01/30/2025 at 10:15 AM

Listing updated: 01/05/2025 at 6:46 PM

Listed by: A.J. Modig, Bear State Realty & Finance Phone #: (619) 295-4444

MLS: SanDiego #SDC0000973

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