tomo logo

$749,000

Beds
2
Baths
1.75
sq ft
1,560

42968 Monterey St, Big Bear Lake, CA 92315

42968 Monterey St

Big Bear Lake, CA 92315

  • <1 day on market
This charming Big Bear Chalet is the perfect retreat, whether you're looking for a private getaway or a vacation rental opportunity. Nestled in the highly sought-after Moonridge area, it offers both tranquility and convenience with easy accessibility. Inside, the home boasts vaulted ceilings and an open floor plan that seamlessly connects living spaces across both levels, complete with cozy fireplaces. Enjoy ski slope views and an inviting kitchen with a breakfast nook, plus a separate laundry room for added convenience. The updated interior exudes warmth, making it the ideal space for relaxation and entertainment. Don't miss out on this opportunity!

Details

Property type

Single Family Residence

Est. home value

$722,491

Lot size

Unknown

Price per sq ft

$481

Year built

1979

Price History

02/21/2025
DesertArea

DesertArea #219125174

Listed
$749,000
-1.19%
07/11/2022
CRMLS

CRMLS #PW22118372

Sold
$758,000
+161.38%
08/15/2017
CRMLS

CRMLS #EV16141709

Sold
$290,000

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

$295,591
Asking price
$749,000
Closing costs (~8% of asking)
-$59,920
Est. remaining loan balance
-$393,489
Cash to seller
$295,591

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

June 2022

Original loan amount

$410,000

Est. remaining balance

$393,489

Interest rate

5.11%

Loan type

New Conventional, 30 year

Seller

Mufti Saadat Ahmed Farooqi and Gazala Mufti Farooqi

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: 02/22/2025 at 3:55 AM

Listing updated: 02/21/2025 at 8:01 AM

Listed by: Michael Sannes, RE/MAX Big Bear Phone #: (909) 866-6161

MLS: DesertArea #219125174

DesertArea logo

Recently listed in Big Bear Lake