NOT LISTED FOR SALE

1111 Forest Trail Unit 1407 Mammoth Lakes, CA 93546

Estimated Value: $868,000 - $1,057,506

2 Beds
2 Baths
1,054 Sq Ft
348 Sq Ft Lot

Last Sold July 21, 2015

Last sale price $445,000 $422 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $5,889/month

130 Days on Market

Highlights

  • Furnished
  • Mammoth High School Rated A-
  • Subterranean Parking

About This Home

As of July 2015

GREAT VIEWS & LOCATION IN GRAND SIERRA LODGE AT THE VILLAGE AT MAMMOTH. Desirable 4th floor 2-bedroom, 2-bath condo in the popular "7 stack" with views of the mountains and Village stroll. Highly requested rental unit with extra soundproofing. Be in the center of it all, yet enjoy the peace and quiet inside of this recently upgraded premiere unit, which includes two layers of windows, flat screen TVs in both bedrooms and living room, iPod docks, newer beds and living room furniture. The oversized master bedroom provides extra space for a desk and chair to take in the mountain and village views. The Grand Sierra Lodge offers great resort amenities such as year-round heated swimming pool, spa, large fitness center, conference room facilities, underground parking, arcade, and convenient location for shopping, dining and entertainment. Easy access to and from Mammoth Mountain with the Village Gondola or ski back trail. Being sold fully furnished and turn-key with established rental income history.

Last Agent to Sell the Property

Verena Robinson

Mammoth Lakes Resort Realty License #01512209 Listed on: 02/27/2015

Last Buyer's Agent

Teresa Frazier-Clark

Mammoth Realty Group, Inc. License #01793513

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,855

Year Built

  • Built in 2005

Lot Details

  • 348

Parking

  • Subterranean Parking

Interior Spaces

  • 1,054 Sq Ft Home
  • Furnished

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Community Details

  • Grand Sierra Lodge Community

Listing and Financial Details

  • Assessor Parcel Number 366-407-000000

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,855

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: CONDOMINIUM, CONDOMINIUM
  • Type: Condominium, Condominium
  • Year Built: 2005, 2005
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Furnished: Yes, Yes
  • Bedrooms: Two, Two
  • Bathrooms: 2, 2
  • Estimated Sq Ft: 1054, 1054
  • Price Per Sq Ft: 422.2, 422.2

Garage/Parking

  • Garage Type: Underground, Underground
  • Garage Capacity: One, One

Condo/Co-op/Association

  • HOA: 767, 767

Lot Info

  • Lot Unit: 1407, 1407
  • Project Name: Grand Sierra Lodge, Grand Sierra Lodge
  • Project Area: VILLAGE, VILLAGE
  • Geo Subdivision: CA, CA

Tax Info

  • Assessor Parcel Number: 366-407-000000, 366-407-000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2015
Closed on
Jul 14, 2015
Sold by
Asay Michael R and Asay Susan
Bought by
Vedres Frank Alex and The Frank Alex Vedres 2007 Liv
Seller's Agent
Verena Robinson
Mammoth Lakes Resort Realty
Buyer's Agent
Teresa Frazier-Clark
Mammoth Realty Group, Inc.
List Price
$485,000
Sold Price
$445,000
Premium/Discount to List
-$40,000
-8.25%
Current Estimated Value
$998,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$553,127
Avg. Annual Appreciation
8.51%

Purchase Details

Closed on
Jan 6, 2011
Sold by
Elkus Richard M and Elkus Patricia J
Bought by
Asay Michael R and Asay Susan

Purchase Details

Closed on
Sep 7, 2004
Sold by
Chavez Peter T and Chavez Barbara J
Bought by
Elkus Richard M and Elkus Patricia Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Vedres Frank Alex $445,000 Inyo Mono Title Company
Asay Michael R $435,000 Orange Coast Title
Elkus Richard M $775,000 Inyo Mono Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elkus Richard M $425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2015 07/21/15 Sold $445,000 -8.2% $422 / Sq Ft
07/07/2015 07/07/15 Pending -- -- --
02/27/2015 02/27/15 For Sale $485,000 -- $460 / 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
2024 $6,855 $518,596 $101,716 $416,880
2023 $6,855 $508,624 $99,722 $408,902
2022 $6,649 $498,848 $97,767 $401,081
2021 $6,493 $490,263 $95,850 $394,413
2020 $6,332 $483,050 $94,868 $388,182
2019 $6,489 $473,750 $93,008 $380,742
2018 $6,447 $464,633 $91,185 $373,448
2017 $5,843 $455,695 $89,398 $366,297
2016 $5,760 $446,932 $87,646 $359,286
2015 $5,992 $463,134 $90,886 $372,248
2014 $6,165 $463,003 $89,106 $373,897
Source: Public Records

Agents Affiliated with this Home

  • Verena Robinson

    Seller's Agent in 2015

    Verena Robinson

    Mammoth Lakes Resort Realty

    (760) 924-8521

    59 in this area

    61 Total Sales

    Verena Robinson
    Section Image
  • Teresa Frazier-Clark

    Buyer's Agent in 2015

    Teresa Frazier-Clark

    Mammoth Realty Group, Inc.

    (714) 310-0844

    145 in this area

    160 Total Sales

    Teresa Frazier-Clark
    Section Image
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Map

Source: Mammoth Lakes Board of REALTORS® MLS

MLS Number: 107378

Mammoth Lakes Board of REALTORS® MLS

APN: 033-021-407-000

California Mono County Mammoth Lakes 93546

1111 Forest Trail Unit 1407, Mammoth Lakes, CA

This home is located at 1111 Forest Trail Unit 1407, Mammoth Lakes, CA 93546 since 27 February 2015 and is currently estimated at $998,127, approximately $946 per square foot. This property was built in 2005. 1111 Forest Trail Unit 1407 is a home located in Mono County with nearby schools including Mammoth Elementary School, Mammoth Middle School, and Mammoth High School.

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