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$485,000

Beds
2
Baths
2.0
sq ft
978

796 Silver Tip Dr, Big Bear Lake, CA 92315

796 Silver Tip Dr

Big Bear Lake, CA 92315

  • 75 days on market
    • Price drop $14,999↓
Charming mountain cabin tucked among the pines in the sought-after Moonridge area, just a 2-minute drive to Bear Mountain and the new and upcoming Moonridge Corridor. This cozy cabin features 2 bedrooms, 2 bath, a dining area, and a spacious family room. The warm, rustic feel is enhanced by wood T&G and a genuine wood-burning fireplace. Step outside to a generous deck and relax in the spa, surrounded by nature. The basement includes a washer/dryer and ample storage space. Partially fenced yard, and easy, level parking pads make this an ideal mountain escape or continue using it as a potential income-generating vacation rental.

Details

Property type

Single Family Residence

Est. home value

$444,047

Lot size

6,000 sq ft

Price per sq ft

$496

Year built

1957

HOA

No

Price History

11/13/2024
CRMLS

CRMLS #IG24211825

Price change
$485,000
-3%
10/28/2024
CRMLS

CRMLS #IG24211825

Price change
$499,999
10/11/2024
CRMLS

CRMLS #IG24211825

Listed
$500,000
-2.91%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$313,628
Asking price
$485,000
Closing costs (~8% of asking)
-$38,800
Est. remaining loan balance
-$132,572
Cash to seller
$313,628

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

Seller’s Loan History

Lender

South Pacific Financial Corp

Loan start date

October 2017

Original loan amount

$155,400

Est. remaining balance

$132,572

Interest rate

3.82%

Loan type

New Conventional, 30 year

Seller

Frances Kaplan and Carmelita Inocencio

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 9:55 AM

Listing updated: 12/05/2024 at 3:21 AM

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

MLS: CRMLS #IG24211825

CRMLS logo

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