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$794,000

Beds
4
Baths
3.0
sq ft
2,737

43035 Encino Rd, Big Bear Lake, CA 92315

43035 Encino Rd

Big Bear Lake, CA 92315

  • 321 days on market
    • Price drop $5,000↓
MOONRIDGE SKIERS DELIGHT ONLY $290 PER SQ. FT! $35k in income from Dec. to March! Step into this energy efficient, family friendly 4 bedroom 3 bath 2737 sq. ft. home. Featuring owned SOLAR and also on the grid of Bear Valley Electric AND a back up whole house generator. Never be without power again! Don't let the age fool you, there was a remodel done in 2003. You will enjoy instant hot water with the tankless water heater. Open floor plan with 2 living rooms, vaulted T&G ceilings, hardwood floors and a cozy fireplace. Beautiful fountain in front yard as you sit on the front porch and enjoy the peacefulness of the area. Go to the back yard for a hot bubbling jacuzzi waiting for you surrounded with patio furniture, bbq and an outdoor bar! Storage shed and fenced yard for added security and safety. Parking for 3 cars. This home is currently on a vacation rental program and earning income. Only a block away from the zoo and Moonridge Village shops and less than a mile from Bear Mountain Ski Resort. Free shuttle to the ski resort is only a block away.

Details

Property type

Single Family Residence

Est. home value

$850,125

Lot size

4,930 sq ft

Price per sq ft

$291

Year built

1948

HOA

No

Price History

06/10/2024
CRMLS

CRMLS #EV24027909

Price change
$794,000
-0.63%
03/27/2024
CRMLS

CRMLS #EV24027909

Price change
$799,000
-3.15%
02/08/2024
CRMLS

CRMLS #EV24027909

Listed
$825,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Fishing, Golf, Lake

High school district: 

Bear Valley Unified

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

$304,552
Asking price
$794,000
Closing costs (~8% of asking)
-$63,520
Est. remaining loan balance
-$425,928
Cash to seller
$304,552

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

$464,000

Est. remaining balance

$425,928

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Damon G Nichols and Cindy L Nichols

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: 12/25/2024 at 11:45 AM

Listing updated: 12/05/2024 at 6:55 AM

Listed by: BECKI WHEELER, RE/MAX BIG BEAR Phone #: (909) 866-6161

MLS: CRMLS #EV24027909

CRMLS logo

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