54225 N Circle Dr Idyllwild, CA 92549

$2,300,000 Sold Price as of 10/18/2017

-- Beds
-- Baths
-- Sq.Ft.

Off Market

$2,300,000 Sold Price as of 10/18/2017 Refinance Your Mortgage

Map preview of 54225 N Circle Dr, Idyllwild, CA 92549

Property Overview: 54225 N Circle Dr Idyllwild, CA has -- bedrooms, -- bathrooms, -- living square feet and 30,927 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

54225 N Circle Dr is currently an off market home in the city of Idyllwild. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Idyllwild has a median list price of $529,000. The median price per/sqft for Idyllwild is $386. With those numbers in mind, if you are looking to purchase a median priced home in Idyllwild, CA and put 20% down you will need to save up $105,800 for the down payment and will need roughly $10,580 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Idyllwild the commission could be as much as $23,950. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 54225 N Circle Dr

Last sold for $2,300,000 on February 19th, 2018

December, 2023
Dec 31, 2023

Date

Expired

CRMLS: CV23111206

$3,599,000

Price
Jun 23, 2023

Date

Active

CRMLS: CV23111206

$3,985,000

Price
Listing provided courtesy of CRMLS

The is an amazing investment opportunity nestled in the Center of Idyllwild and makes this property the most sought-after investment in the city. Amazing cap rate for return on investment and completely booked solid with 18 shops and stores throughout. Lots of Parking and easy access to everything. This City is filled with amazing rental cottages with small creeks running behind them, one of them is the amazing strawberry creek running through the area with amazing natural flowers and green foliage. This is a perfect investment property with great monthly returns.

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June, 2023
Jun 1, 2023

Date

Expired

CRMLS: OC23002840

$4,199,895

Price
Jan 11, 2023

Date

Active

CRMLS: OC23002840

$3,500,000

Price
Listing provided courtesy of CRMLS

Welcome to “The Fort”, a free-standing shopping and entertainment center located in the heart of Idyllwild. This is an incredible opportunity to acquire the fee simple interest in a 19 unit, 13,292 SQ FT property. Currently, 100% occupied, “The Fort” is a turnkey operation and stable investment that features long-term tenants with excellent payment history. The majority of the renters in the building are substantially under market rate. Since 2018, there have been over 200k documented updates and repairs to the building. Extensive improvements were recently completed, including the rehabilitation of multiple suites, plumbing and fire sprinkler retrofits as well as a new asphalt parking lot. The Net Operating Income, including property taxes, is over 227k annually. On a daily, there is consistent, heavy foot traffic through the building and around its parameter. The property is ideally situated within walking distance of breweries, restaurants, and wineries. Do not miss out on this tremendous opportunity to own Idyllwild's bustling village center!

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August, 2021
Aug 31, 2021

Date

Expired

CRMLS: OC21023545

$4,200,000

Price
Mar 17, 2021

Date

Withdrawn

CRMLS: OC21023545

$4,200,000

Price
Feb 9, 2021

Date

Active

CRMLS: OC21023545

$4,200,000

Price
Feb 8, 2021

Date

Coming Soon

CRMLS: OC21023545

$4,200,000

Price
Listing provided courtesy of CRMLS

Welcome to “The Fort”, a free-standing shopping and entertainment center located in the heart of Idyllwild. This is an incredible opportunity to acquire the fee simple interest in a 19 unit, 15,647 SQ FT property. Currently, 100% occupied, “The Fort” is a turnkey operation and stable investment that features long-term tenants with excellent payment history. The majority of the renters in the building are substantially under market rate. Since 2018, there have been over 200k documented updates and repairs to the building. Extensive improvements were recently completed, including the rehabilitation of multiple suites, electrical and lighting upgrades to LED, as well as a new asphalt parking lot. The Net Operating Income, including property taxes, is over 209k annually. On a daily, there is consistent, heavy foot traffic through the building and around its parameter. The property is ideally situated within walking distance of breweries, restaurants, and wineries. Do not miss out on this tremendous opportunity to own Idyllwild's bustling village center!

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February, 2018
Feb 20, 2018

Date

Sold

CRMLS: SR17201397

$2,300,000

Price
Sep 29, 2017

Date

Pending

CRMLS: SR17201397

$2,500,000

Price
Aug 31, 2017

Date

Active

CRMLS: SR17201397

$2,500,000

Price
Listing provided courtesy of CRMLS

First time on the market in years. You will have the opportunity to own the Fort (Center of Idyllwild). Great condition commercial complex located in the heart of the village. Highly desirable rentals with the most tourist walking travel and visibility from the main Highway and main street North Circle. Great parking in a town with limited parking.Built in early 1990' with 15, 647 sqft all with fire sprinklers to assist with insurance premium's. In good shape with no deferred maintenance. Buy and start making returns. Very long time tenants.

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October, 2017
Oct 18, 2017

Date

Sold (Public Records)

Public Records

$2,300,000

Price
January, 2015
Jan 2, 2015

Date

Sold (Public Records)

Public Records

$1,000,000

Price

Tax History for 54225 N Circle Dr

Assessed Value (2020): $3,017,160

Year	Land Value	Improved Value	Assessed Value
2020	$483,786	$2,533,374	$3,017,160

About 54225 N Circle Dr

Detailed summary of property

54225 N Circle Dr is categorized with a use code of Commercial (General) in Idyllwild, CA 92549 and last sold on October 18, 2017 for $2,300,000. This property has -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 30,927 square foot lot. Homes in Idyllwild are selling for a median price of $479,000 and a median price per square foot of $370. Based on Ardent Real Estate Group's Idyllwild Market Data, this home is sold 380.17% higher than the current median priced home. 54225 N Circle Dr was last sold on October 18, 2017 for $2,300,000. Local nearby listings include 19809 Spanish Needle Court, 19796 Beavertail Way and 19785 Spanish Needle Court. The average home in Idyllwild, CA is selling in 87 days. There are currently 88 homes for sale in the Idyllwild real estate market and 88 of them are single family homes while 0 of them are condos and 0 are townhomes. If you are the homeowner and looking to sell the home at 54225 N Circle Dr Idyllwild, CA 92549 contact Ardent Real Estate Group and we will put you in touch with one of our Idyllwild agents.

Public Facts for 54225 N Circle Dr

Public county record property details

Beds: --
Baths: --
Year built: 1991
Sq. Ft.: --
Lot Size: 30,927
Stories: 2

Type: Commercial (General)
Pool: No
Spa: No
County: Riverside
Lot#: --
APN: 563-313-006

The source for these homes facts are from public records.

92549 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$533,000

Median List Price/Sq.Ft.

$383

Median Sold Price

$474,000

Median Sold Price/Sq.Ft.

$370

Total Inventory

Median Sale to List Price %

94.99%

Avg Days on Market

Loan Type

Conventional (50%), FHA (0%), VA (5.56%), Cash (22.22%), Other (0%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message

(714) 706-1823

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