See Home Value
Big Bear Lake 92315
42827 Monterey Street
$405,000 - $493,000
House - Off Market

42827 Monterey Street

Big Bear Lake, CA 92315
bedrooms
2 Beds
bathrooms
1 Bath
square feet
840 Sqft
Sold Feb 05, 2024
$450,000
$314,930 by Jmac Lending, Inc.
Mortgage Due Mar 01, 2054
Sold May 11, 2021
$500,000

About This Property

This delightful 2-bedroom cottage, with a loft area and 1 bath, is an absolute gem and offers a perfect blend of comfort and convenience.

Updated kitchen, complete with stainless steel appliances to prepare your favorite meals The bathroom has also been thoughtfully updated, ensuring a stylish and refreshing experience.

The property's great Airbnb potential is evident, being in the highly sought after Moonridge area close to the zoo, golf course, bike trails, hiking trails and more, makes it an ideal investment opportunity. Whether you're looking to generate passive income or enjoy the benefits of a vacation home, this residence offers an excellent chance to fulfill your dreams.

Outside, you'll discover a nice-sized, fully fenced lot that provides both privacy and security. The ample space allows for various outdoor activities, creating endless possibilities for relaxation and entertainment. Imagine unwinding in the private hot tub, surrounded by nature's tranquility, or hosting gatherings in the welcoming backyard.

This one will go fast!  Don't miss out on this opportunity to own a wonderful 2-bedroom home with a loft area, updated kitchen and bathroom, and a private hot tub. Schedule a showing today and let this home captivate your heart!

Regenerate response

The manager has listed the unit size as 840 square feet.
Unit Size
840Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$536
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1957

Price History

Date / Event Date Event Price
Feb 6, 2024 No longer available -
No longer available
Feb 5, 2024 Sold to Richard Paramo $450,000
Sold to Richard Paramo
Jan 4, 2024 In contract -
In contract
Dec 13, 2023 Relisted $449,900
Relisted
Dec 4, 2023 In contract -
In contract
Show More

Property Highlights

Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 5,088
  • Lot Size Depth Feet: 1,060
  • Lot Size Frontage Feet: 480
  • Total Building Area: 840
  • Gross Building Area: 840
  • Building Area: 840
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Floor/wall
  • Heated Square Feet: 840
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TRACT 2440
  • Land Acres: 0.117
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: TRACT 2440 LOT 226 TRACT NO 2440 MOONR1DGE MOUNTA1N ESTATES NO 6 LOT 226

Ownership

  • Current Owner : PARAMO RICHARD
  • Previous Owner : KRISTY L SWAILES REVOCABLE TRUST
  • Owner Before Previous Owner: BLANTZ ADAM S
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Bear Valley Unified School District
  • Census Tract: 011205

Geography

  • Assessors Map Reference: 99-A5
  • District: 15
  • Subdivision Tract Number: 2440
  • Parcel: 2328-463-24-0000
  • Lot: 226
  • Municipality: BIG BEAR
  • Latitude: 34.2408
  • Longitude: -116.868

    Address

  • Full Address: 42827 Monterey St
  • Address - House Number: 42827
  • Address - Street Name: Monterey
  • Address - Suffix Type: St
  • State: CA
  • City Name: Big Bear Lake
  • Zip Code: 92315

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,392
  • Intital Tax Deliquent Year: 1991
  • Tax Rate Code Area: 017-001

    Appraisal Valuation

  • Standard Deviation: 0.0683
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 96
  • Final Value: 433,152
  • High Value: 462,745
  • Low Value: 403,559

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $314,930
  • First Open Lien Mortgage Lender: JMAC LENDING, INC.
  • First Open Lien Mortgage Recording Date: Feb 05, 2024
  • First Open Lien Mortgage Loan Amount: $314,930
  • 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, 2054

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $520,200
  • Assessed Land Value: $104,040
  • Assessed Improvements Value: $416,160

    Sales

  • Current Sale Contract Date: Jan 05, 2024
  • Current Sale Recording Date: Feb 05, 2024
  • Current Sale Transaction ID: 11920229241
  • Current Sale Price: $450,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 26447
  • Previous Sale Recording Date: May 11, 2021
  • Previous Sale Contract Date: Apr 26, 2021
  • Previous Sale Amount: $500,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: JMAC LENDING, INC.
  • First Mortgage Transaction Date: Feb 05, 2024
  • First Mortgage Loan Amount: $314,930
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2054



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
2 Baths
874 ft²
$535/ft²
$468,000 Aug 22, 2023
-
-
House
2 Beds
2 Baths
1,200 ft²
$417/ft²
$499,900 Sep 6, 2023
-
-
House
2 Beds
1 Bath
800 ft²
$625/ft²
$499,900 May 12, 2023
-
-
In Contract
House
2 Beds
1 Bath
768 ft²
$684/ft²
$525,000 Nov 16, 2023
-
-
House
2 Beds
1 Bath
1,020 ft²
$462/ft²
$471,000 Sep 25, 2023
-
-
House
3 Beds
1 Bath
1,152 ft²
$434/ft²
$499,900 Jul 25, 2023
-
-
Land
Loft
-
-
$399,000 Oct 28, 2023
-
-

About Big Bear Lake


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Frequently Asked Questions

When was property at 42827 Monterey Street built and last sold?
The property at 42827 Monterey Street was built in 1957 and last sold on Jan 5, 2024 for $450,000.
How much is this home worth?
The estimated value of the home located at 42827 Monterey Street is $563,637.
What are some comparable homes to 42827 Monterey Street?
Homes that are comparable to 42827 Monterey Street include a house property at 42625 La Placida Avenue, 1217 Minton Drive, 1137 Club View Drive.

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