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315 Old Mill Road

315 Old Mill Road, Lake Arrowhead, CA 92352
Property in San Bernardino
Sold Feb 08, 2023
$475,000
$356,250 by American Pacific Mortgage Corp
Mortgage Due Mar 01, 2053
Sold Sep 17, 2021
$350,000
$280,000 by Option Funding Inc
Mortgage Due Oct 01, 2051
Local assessors in Lake Arrowhead, CA have categorized 315 Old Mill Road as a residential type of property. The home was built in 1978 and is 46 years old. It was most recently renovated and altered in 1979. The property's lot size has been calculated to be 7,047 square feet. The linear feet between the front and back of the lot was measured at 870 ft and the front of the lot was measured at 810 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 315 Old Mill Road has a total of 688 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Do you like to entertain? The home has both a porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of wood shake/ shingles. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 315 Old Mill Road sold most recently in Jan 13, 2023 for a total of $475,000. If you work out the math, that's approximately a cost of $418.13 per sqft. Before that, the property was also sold for $350,000 in Aug 25, 2021. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,283 in taxes each year. 315 Old Mill Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $357,000. If we break it down further, the land itself was valued at $81,600. Improvements to the property, however, were assessed at a total of $275,400. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Stone Exterior
Wood Exterior

Parking

Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 448
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 7,047
  • Lot Size Depth Feet: 870
  • Lot Size Frontage Feet: 810
  • Total Building Area: 1,136
  • Gross Building Area: 1,136
  • Building Area: 688
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 688
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.162
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: TRACT 2542 LOT 134 TR NO 2542 ARROWHEAD WOODS TR NO 77 LOT 134

Ownership

  • Current Owner : QUEZADA-MADRIGAL FAMILY TRUST
  • Previous Owner : MALLAM CORY A
  • Owner Before Previous Owner: HOFFMAN LOWELL J
  • Owner Before Previous Owner 2: HOFFMAN SHARON M
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Rim of the World Unified School District
  • Census Tract: 010906

Zoning

  • Zoning: LARS14M

Geography

  • Assessors Map Reference: 94-D3
  • District: 17
  • Subdivision Tract Number: 2542
  • Parcel: 0331-043-12-0000
  • Lot: 134
  • Municipality: TWIN PEAKS
  • Latitude: 34.2554
  • Longitude: -117.169

    Address

  • Full Address: 315 Old Mill Rd
  • Address - House Number: 315
  • Address - Street Name: Old Mill
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Lake Arrowhead
  • Zip Code: 92352

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,283
  • Tax Rate Code Area: 105-119

    Appraisal Valuation

  • Standard Deviation: 0.0681
  • Valuation Date: Jul 19, 2023
  • Confidence Score: 96
  • Final Value: 550,782
  • High Value: 588,334
  • Low Value: 513,229

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $356,250
  • First Open Lien Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Feb 08, 2023
  • First Open Lien Mortgage Loan Amount: $356,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $357,000
  • Assessed Land Value: $81,600
  • Assessed Improvements Value: $275,400

    Sales

  • Current Sale Contract Date: Jan 13, 2023
  • Current Sale Recording Date: Feb 08, 2023
  • Current Sale Transaction ID: 11902561334
  • Current Sale Price: $475,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 28959
  • Previous Sale Recording Date: Sep 17, 2021
  • Previous Sale Contract Date: Aug 25, 2021
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • First Mortgage Transaction Date: Feb 08, 2023
  • First Mortgage Loan Amount: $356,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: OPTION FUNDING INC
  • Previous Mortgage Transaction Date: Sep 17, 2021
  • Previous Mortgage Loan Amount: $280,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2051

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Frequently Asked Questions

What neighborhood is 315 Old Mill Road located in?
The 315 Old Mill Road is a located in the neighborhood of San Bernardino in Lake Arrowhead, Lake Arrowhead.
What is the average sales price for listings in 315 Old Mill Road?
The average sales price for units in 315 Old Mill Road is $0 currently.

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