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$579,000

Beds
3
Baths
2.0
sq ft
918

42798 Cedar Ave, Big Bear Lake, CA 92315

42798 Cedar Ave

Big Bear, CA 92315

  • Pending
    • Price drop $46,000↓
Gorgeous 3/2 Storybook log cabin nestled among the tall trees on a double lot in the best part of Moonridge. Successful rental history, vintage charm with modern upgrades including brand new floors, recently updated bathrooms, and brand new furnace. Featuring 3 bedrooms and 2 bathrooms with a den/study nook and a separate laundry room. Lovely backyard with a deck, bbq and bubbling jacuzzi. All furnishings are included in sale. Steps to the National Forest and easy walking distance to the Bear Mountain ski shuttle, cafes and the Big Bear Zoo and Golf Course. Not to be missed, this is an ideal family rental cabin. Call now for a private showing!

Details

Property type

Single Family Residence

Est. home value

$664,877

Lot size

5,000 sq ft

Price per sq ft

$631

Year built

1947

HOA

No

Price History

10/31/2024
CLAW

CLAW #24417273

Pending
$579,000
08/03/2024
CLAW

CLAW #24417273

Price change
$579,000
-7.36%
07/23/2024
CLAW

CLAW #24417273

Listed
$625,000
+13.64%

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

$210,202
Asking price
$579,000
Closing costs (~8% of asking)
-$46,320
Est. remaining loan balance
-$322,478
Cash to seller
$210,202

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

Seller’s Loan History

Lender

Parkside Lending Llc

Loan start date

January 2021

Original loan amount

$352,500

Est. remaining balance

$322,478

Interest rate

2.72%

Loan type

New Conventional, 30 year

Seller

Reshma A Vasanwala and James A Owen

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: Pending/Under Contract

Tomo last checked: 11/08/2024 at 6:00 AM

Listing updated: 10/30/2024 at 5:10 PM

Listed by: Alex Eychis, RE/MAX ESTATE PROPERTIES Phone #: (310) 802-6000

MLS: CLAW #24417273

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