NOT LISTED FOR SALE

1111 Forest Trail Unit 1324 Mammoth Lakes, CA 93546

Estimated Value: $611,000 - $697,518

1 Bed
1 Bath
601 Sq Ft
$830/mo HOA Fee

Last Sold June 28, 2024

Last sale price $700,000 $1,165 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,331/month

4 Days on Market

Highlights

  • Fitness Center
  • Ski Lockers
  • Community Pool
  • Mammoth High School Rated A-
  • Furnished
  • Electric Vehicle Charging Station

About This Home

As of June 2024

This tastefully furnished one-bedroom condo is located on the quiet side of Grand Sierra Lodge, in the heart of the Village at Mammoth. This unit features a fully equipped kitchen with granite countertops, a spacious bathroom, and a cozy living area with a sofa bed and a gas stone fireplace. Enjoy the outdoors with your own private balcony. Grand Sierra Lodge facilities include a grand lobby with a large fireplace, fitness center, ski locker room, game room, pool, jacuzzi, sauna, and underground parking. Experience the luxury of ski-in/ski-out via the Village Gondola servicing the Canyon Lodge area. During the snowy days, leave your car securely in the underground parking and enjoy all that Mammoth has to offer without the hassle of driving. Park your car in the garage and take the gondola to Canyon Lodge or shuttle to Main Lodge or anywhere in town, enjoying all the aspects of Mammoth without needing to drive. The Village offers shops, restaurants, nightlife, and easy access to the Ski Back trail, Forest Service trails, and town shuttle system. With a strong rental history, this unit offers the potential for substantial rental income, making it an attractive investment opportunity. Whether it's skiing in the winter or mountain biking in the summer, the Village at Mammoth offers unparalleled access to outdoor adventures. Immerse yourself in the vibrant community with festivals, music events, outdoor movies, and more, all just steps from your condo. Located near the bus stop, you can easily explore all around town without needing to drive. This beautiful condo is ideal for those seeking a second home or a lucrative investment property. Embrace the convenience, comfort, and luxury of living in the heart of the Village at Mammoth. Don’t miss out on this incredible opportunity – call to see this property today!

Last Agent to Sell the Property

Nancy Davidson

Mammoth Village Properties License #01264041 Listed on: 06/09/2024

Last Buyer's Agent

Nancy Davidson

Mammoth Village Properties License #01264041 Listed on: 06/09/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,730

Year Built

  • Built in 2004

Lot Details

  • 87

HOA Fees

  • $830 Monthly HOA Fees

Parking

  • Subterranean Parking

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 601 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Blinds
  • Living Room with Fireplace

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Home Security

Utilities

  • Cooling System Mounted To A Wall/Window
  • Boiler Heating System
  • Heating System Uses Propane
  • Baseboard Heating
  • Propane
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Enclosed Balcony
  • West Facing Home

Listing and Financial Details

  • The owner pays for gas, maintenance, water, trash, cable, high speed access
  • Assessor Parcel Number 033-021-324-000

Community Details

Overview

  • Association fees include gas, water, trash service, lawn maintenance, insurance, rec. facilities, building maint., swimming pool, high speed access, hot tub, common area boiler
  • Grand Sierra Lodge Community
  • Electric Vehicle Charging Station

Amenities

  • Laundry Facilities
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Ski Lockers

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,730

Year Built

Built in 2004

Lot Details

0

HOA Fees

$830 per month

Listing Details

  • Class: CONDOMINIUM
  • Type: Condominium
  • Age: 20
  • Orientation: West
  • Year Built: 2004
  • Stories: 1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Garbage Disposal, Refrigerator, Elec. Range/Oven, Microwave
  • Furnished: Yes
  • Interior Amenities: Tile Floors, Carpet, Window Coverings, Ceiling Fans, Smoke Detector, High Speed Access, Wall Bracket Video/Audio, Bathroom Mirrors
  • Windows: Double Pane, Metal
  • Bedrooms: One
  • Bathrooms: 1
  • Laundry Type: Common Area
  • Fireplace: One, Gas Log, In Living Room
  • Windows Treatments: Blinds
  • Estimated Sq Ft: 601
  • Price Per Sq Ft: 1164.73

Exterior Features

  • Exterior: Wood Siding
  • Porch Patio: Covered Balcony
  • Roof: Composition

Garage/Parking

  • Garage Type: Underground
  • Garage Capacity: One
  • PrivateGarage: No

Utilities

  • Cooling: Wall/Window Unit
  • Gas: Propane
  • Heating: Electric, Propane, Baseboard
  • Sewer: Public Sewer
  • Water Heater: Common Area Boiler
  • Water Supply: Public Water

Condo/Co-op/Association

  • HOA Amenities: Swimming Pool, Hot Tub, Athletic Facilities, Storage, Cable TV, Pets Allowed, Ski Lockers, High Speed Access, Electric Car Charging Stn
  • HOA: 830
  • HOA Fee Includes: Gas, Water, Trash Service, Lawn Maintenance, Insurance, Rec. Facilities, Building Maint., Swimming Pool, High Speed Access, Hot Tub, Common Area Boiler
  • Management Pays: Gas, Maintenance, Water, Trash, Cable, High Speed Access
  • H O A Frequency: Month

Lot Info

  • Lot Unit: 1324
  • Project Name: Grand Sierra Lodge
  • Project Area: VILLAGE
  • Geo Subdivision: CA

Rental Info

  • Owner Tenant Pays: Electric

Tax Info

  • Assessor Parcel Number: 033-021-324-000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2024
Closed on
Jun 19, 2024
Sold by
Stephanie L Fleming Living Trust and Fleming Stephanie L
Bought by
Joshua Ski House Llc
Seller's Agent
Nancy Davidson
Mammoth Village Properties
Buyer's Agent
Nancy Davidson
Mammoth Village Properties
List Price
$699,000
Sold Price
$700,000
Premium/Discount to List
$1,000
0.14%
Views
4
Current Estimated Value
$728,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,431
Avg. Annual Appreciation
3.65%

Purchase Details

Listed on
Feb 26, 2020
Closed on
Jul 23, 2020
Sold by
Margulies Marc James and Margulies Lou Y M
Bought by
Fleming Stephanie L and Stephanie L Fleming Living Ttr
Seller's Agent
Jodi Melton
The Snowcreek Property Company
Buyer's Agent
Nancy Davidson
Mammoth Village Properties
List Price
$449,000
Sold Price
$420,000
Premium/Discount to List
-$29,000
-6.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.99%

Purchase Details

Closed on
Feb 20, 2020
Sold by
Jarema Melissa Marguhes
Bought by
Marguhes Marc James and Marguhes Lou Y M

Purchase Details

Closed on
Oct 16, 2017
Sold by
Margulies Marc J and Margulies Lou Y
Bought by
Margulies Melissa Noble

Purchase Details

Closed on
Dec 14, 2006
Sold by
Park Center Exchange Llc
Bought by
Margulies Marc and Margulies Lou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 4, 2006
Sold by
Margulles Michael and Margulies Michael P
Bought by
Margulies Marc and Margulies Lou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2005
Sold by
Sierra Lodge Two Development Co Llc
Bought by
Margulies Michael P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,920
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 2004
Sold by
Mcateer Richard A and Mcateer Janice L
Bought by
Margulies Marc and Margulies Lou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,000
Interest Rate
5.7%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Joshua Ski House Llc $700,000 Inyo-Mono Title
Fleming Stephanie L $420,000 Inyo Mono Title Company
Marguhes Marc James -- None Available
Margulies Melissa Noble -- None Available
Margulies Marc -- Inyo Mono Title Company
Margulies Marc -- Inyo Mono Title
Margulies Michael P $405,000 Inyo Mono Title Company
Margulies Marc $1,000,000 Inyo Mono Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Margulies Marc $660,000
Previous Owner Margulies Michael P $323,920
Previous Owner Margulies Marc $820,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $700,000 +0.1% $1,165 / Sq Ft
06/13/2024 06/13/24 Pending -- -- --
06/09/2024 06/09/24 For Sale $699,000 +66.4% $1,163 / Sq Ft
08/04/2020 08/04/20 Sold $420,000 -6.5% $787 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
03/05/2020 03/05/20 For Sale $449,000 +6.9% $841 / Sq Ft
03/02/2020 03/02/20 Off Market $420,000 -- --
02/26/2020 02/26/20 For Sale $449,000 -- $841 / Sq Ft
Source: Mammoth Lakes Board of REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $5,730 $436,796 $86,519 $350,277
2022 $5,567 $428,315 $84,823 $343,492
2021 $5,423 $420,000 $83,160 $336,840
2020 $4,730 $376,510 $72,828 $303,682
2019 $4,986 $369,370 $71,400 $297,970
2018 $4,957 $362,370 $70,000 $292,370
2017 $4,228 $331,370 $63,800 $267,570
2016 $3,753 $287,370 $55,000 $232,370
2015 $3,508 $262,370 $50,000 $212,370
2014 $3,542 $247,370 $47,000 $200,370
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Mammoth Lakes Board of REALTORS® MLS

MLS Number: 240350

Mammoth Lakes Board of REALTORS® MLS

APN: 033-021-324-000