Check Availability

724 Cove Drive

724 Cove Drive, Big Bear Lake, CA 92315
Property in San Bernardino
Sold Jun 18, 2021
$711,000
$430,000 by Us Bank Na
Mortgage Due Jul 01, 2051
Sold May 05, 2014
$425,000
$275,000 by Arcstone Financial Inc
Mortgage Due Jun 01, 2044
724 Cove Drive has been categorized by the local assessors in Big Bear Lake, CA as a residential type of property. The building on the property was first built in 1968 and is 56 years old. However, we must point out that the home was most recently renovated and altered in 1970. The home has a total of 6 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 724 Cove Drive has 900 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,450 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 360 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The roof of the building is made of composition shingle. The inside of the home is being cooled with a evaporative cooler at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. 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, 724 Cove Drive sold most recently in Jun 8, 2021 for a total of $711,000. If you work out the math, that's approximately a cost of $493.75 per sqft. Before that, the property was also sold for $425,000 in Apr 7, 2014. 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 $8,469 in taxes each year. 724 Cove Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $721,517. If we break it down further, the land itself was valued at $109,242. Improvements to the property, however, were assessed at a total of $612,275. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Parking

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

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 540
  • Garage Type: Detached
  • Garage Square Area: 360
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,450
  • Total Building Area: 1,440
  • Gross Building Area: 1,440
  • Building Area: 900
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Evaporative cooler
  • Heating: Central heating
  • Heated Square Feet: 900
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 12122
  • Land Acres: 0.148
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: TRACT 2280 LOT 39A

Ownership

  • Current Owner : SMITH CRAIG A
  • Current Owner 2: SMITH JAYME L
  • Previous Owner : SHARPLESS MICHAEL EDWARD
  • Previous Owner 2: HOUSMAN WENDY MARCELLA
  • Owner Before Previous Owner: RASMUSSEN PAUL
  • Owner Before Previous Owner 2: BIRCH KAREN ANN
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Geography

  • Assessors Map Reference: 97-D5
  • District: 15
  • Subdivision Tract Number: 2280
  • Parcel: 0306-032-28-0000
  • Lot: 39A
  • Municipality: BIG BEAR
  • Latitude: 34.2398
  • Longitude: -116.96

    Address

  • Full Address: 724 Cove Dr
  • Address - House Number: 724
  • Address - Street Name: Cove
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Big Bear Lake
  • Zip Code: 92315

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,469
  • Tax Rate Code Area: 017-001

    Appraisal Valuation

  • Standard Deviation: 0.177
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 687,901
  • High Value: 809,668
  • Low Value: 566,134

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $430,000
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Jun 18, 2021
  • First Open Lien Mortgage Loan Amount: $430,000
  • 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: Jul 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $721,517
  • Assessed Land Value: $109,242
  • Assessed Improvements Value: $612,275

    Sales

  • Current Sale Contract Date: Jun 08, 2021
  • Current Sale Recording Date: Jun 18, 2021
  • Current Sale Transaction ID: 11840684196
  • Current Sale Price: $711,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0279046
  • Previous Sale Recording Date: May 05, 2014
  • Previous Sale Contract Date: Apr 07, 2014
  • Previous Sale Amount: $425,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Jun 18, 2021
  • First Mortgage Loan Amount: $430,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: ARCSTONE FINANCIAL INC
  • Previous Mortgage Transaction Date: May 05, 2014
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $275,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jun 01, 2044

About Big Bear Lake



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 560 Edgemoor, Big Bear Lake, CA, 92315

$1,950 /mo

  • 1 Bed
  • 1 Bath
  • 500 ft²
560 Edgemoor #5, Big Bear Lake, CA, 92315 Listing by Thomas Kadar
Unit for rent at 781 Edgemoor Rd, Big Bear Lake, CA, 92315

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,712 ft²
781 Edgemoor Rd, Big Bear Lake, CA, 92315 Listing by Jennifer Williamson
Unit for rent at 179 Knoll Road, Big Bear Lake, CA, 92315

$750 /mo

  • 3 Beds
  • 2 Baths
  • 1,661 ft²
179 Knoll Road, Big Bear Lake, CA, 92315 Listing by Joanne DeBlis
Unit for rent at 39016 1/2 Robin Road, Big Bear Lake, CA, 92315

$1,400 /mo

  • 1 Bed
  • 1 Bath
  • 2,176 ft²
39016 1/2 Robin Road, Big Bear Lake, CA, 92315 Listing by Bonnie Pittenger

Frequently Asked Questions

What neighborhood is 724 Cove Drive located in?
The 724 Cove Drive is a located in the neighborhood of San Bernardino in Big Bear Lake, Big Bear Lake.
What is the average sales price for listings in 724 Cove Drive?
The average sales price for units in 724 Cove Drive is $0 currently.

Quantcast