NOT LISTED FOR SALE

114 Rainbow Ln Mammoth Lakes, CA 93546

Estimated Value: $971,315 - $1,267,000

3 Beds
2 Baths
1,386 Sq Ft
$782/Sq Ft Est. Value

Last Sold July 28, 2022

Last sale price $825,000 $595 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $6,534/month

Highlights

  • Deck
  • Vaulted Ceiling
  • Landscaped with Trees
  • Mammoth High School Rated A-
  • Views
  • Lot Has A Rolling Slope

About This Home

As of July 2022

Looking for an affordable fixer to create your own mountain dream home? This 70's time-capsule home is just waiting for someone to bring it up to the standards of its multi-million dollar neighbors! An easy walk to the Canyon Lodge ski lifts but away from the condo complexes, this location is both convenient and peaceful. Enjoy the mountain views from the south-facing upstairs deck and the year-round warmth through the wall of windows. The upstairs open-concept floor plan has plenty of room for your family and friends, beautiful vaulted ceilings and windows in every direction. All of the bedrooms are located downstairs for privacy and peace, but there is a bathroom upstairs and downstairs. While the home definitely shows its age, you will be impressed with the condition of the interior and even some of the furnishings. This home has been mostly vacant for years, with a local property management company keeping it safe. The home is on the back of the lot, which should allow for plenty of room for a garage. Potential buyers are asked to review the home inspection on file before making an offer, so please reach out for more information! This opportunity for impressive sweat equity won't wait long... See the 3D virtual tour here: https://my.matterport.com/show/?m=y6qYhd248NH&brand=0

Last Agent to Sell the Property

Ashley Toups

Matthew Lehman Real Estate License #02057867 Listed on: 05/22/2022

Co-Listed By

Matthew Lehman

Matthew Lehman Real Estate License #01149776

Last Buyer's Agent

Kevin McNaught

Matthew Lehman Real Estate License #02037248

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,411

Year Built

  • Built in 1972

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Has A Rolling Slope
  • Landscaped with Trees

Home Design

  • Fixer Upper
  • Shake Roof
  • Wood Siding

Interior Spaces

  • 1,386 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Vaulted Ceiling
  • Free Standing Fireplace
  • Drapes & Rods
  • Blinds
  • Living Room with Fireplace
  • Property Views

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry on lower level
  • Washer and Dryer Hookup

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Wood
  • Gas Available
  • Electric Water Heater

Community Details

  • Mammoth Slopes IV Subdivision

Listing and Financial Details

  • Assessor Parcel Number 031-180-057-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,411

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: RESIDENTIAL, RESIDENTIAL
  • Type: Single Family, Single Family
  • Age: 50, 50
  • Year Built: 1972, 1972
  • Property Condition: Fixer, Fixer
  • Stories: 2, 2
  • FILLSUBDIVISION: Mammoth Slopes IV, Mammoth Slopes IV
  • Accessory Dwelling Unit: No, No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Refrigerator, Electric Range/Oven, Dishwasher, Refrigerator, Electric Range/Oven
  • Furnished: Partial, Partial
  • Interior Amenities: Vaulted Ceilings, Vaulted Ceilings
  • Windows: Single Pane, Single Pane
  • Windows Treatments: Blinds, Curtains, Blinds, Curtains
  • Bedrooms: Three, Three
  • Bathrooms: 2, 2
  • Laundry Type: Laundry Hookups, Lower Level, Laundry Hookups, Lower Level
  • Fireplace: One, Free Standing, In Living Room, One, Free Standing, In Living Room
  • Estimated Sq Ft: 1386, 1386
  • Price Per Sq Ft: 595.24, 595.24

Exterior Features

  • Landscaping: Trees, Trees
  • Ext Amenities: Paved Driveway, Paved Street, Paved Driveway, Paved Street
  • Exterior: Wood Siding, Wood Siding
  • Porch Patio: Open Deck, Open Deck
  • Roof: Cedar Shake, Cedar Shake

Utilities

  • Gas: Available, Available
  • Heating: Electric, Wood, Electric, Wood
  • Sewer: Public Sewer, Public Sewer
  • Water Heater: Electric, Electric
  • Water Supply: Public Water, Public Water

Lot Info

  • Lot Description: View, Rolling, View, Rolling
  • Number Of Acres: 0.17, 0.17
  • Geo Subdivision: CA, CA

Tax Info

  • Assessor Parcel Number: 031-180-057-000, 031-180-057-000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2022
Closed on
Jul 14, 2022
Sold by
Chris And Janice Tsuneishi 2019 Trust
Bought by
Lock It Down Llc
Seller's Agent
Ashley Toups
Matthew Lehman Real Estate
Buyer's Agent
Kevin McNaught
Matthew Lehman Real Estate
List Price
$725,000
Sold Price
$825,000
Premium/Discount to List
$100,000
13.79%
Current Estimated Value
$1,083,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,579
Avg. Annual Appreciation
8.84%

Purchase Details

Closed on
Jun 27, 2019
Sold by
Tsuneishi Chris and Tsuneishi Janice
Bought by
Tsuneishi Chris Makoto and Tsuneishi Janice Kimi Atsumi

Purchase Details

Closed on
Jun 8, 2015
Sold by
Kaji Bruce T and Kaji Frances M
Bought by
Tsuneishi Chris and Tsuneishi Janice

Purchase Details

Closed on
Oct 13, 2014
Sold by
Spouse Tsukahara Kenneth D and Spouse Aki Tsukahara Surviving
Bought by
Tsukahara Kenneth Daniel and Maehara Mardy Jean

Purchase Details

Closed on
Mar 28, 2005
Sold by
Administrativ Tsukahara Kenneth D and Administrativ Paul Y Tsukahara
Bought by
Spouse Tsukahara Kenneth D and Spouse Aki Tsukahara Surviving

Purchase Details

Closed on
Sep 19, 2003
Sold by
Tsukahara Kenneth D and Maehara Mardy J
Bought by
Administrativ Tsukahara Kenneth D and Administrativ Paul Y Tsukahara

Purchase Details

Closed on
Mar 31, 2003
Sold by
Atsumi Julianne and Lee Carolyn
Bought by
Atsumi Arbutus K and Atsumi Janice K

Purchase Details

Closed on
Dec 16, 2002
Sold by
Spouse Tsukahara Aki and Spouse Aki Tsukahara Surviving
Bought by
Administrativ Tsukahara Aki and Administrativ Paul Y Tsukahara
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
Lock It Down Llc $825,000 Inyo-Mono Title
Tsuneishi Chris Makoto -- None Available
Tsuneishi Chris $65,000 Inyo Mono Title Company
Tsukahara Kenneth Daniel -- None Available
Spouse Tsukahara Kenneth D -- --
Administrativ Tsukahara Kenneth D -- --
Atsumi Arbutus K -- Quiet Title
Administrativ Tsukahara Aki -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2022 07/28/22 Sold $825,000 +13.8% $595 / Sq Ft
06/25/2022 06/25/22 Pending -- -- --
06/25/2022 06/25/22 For Sale $725,000 0.0% $523 / Sq Ft
06/02/2022 06/02/22 Pending -- -- --
05/22/2022 05/22/22 For Sale $725,000 -- $523 / 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 $9,411 $837,420 $336,600 $500,820
2023 $9,411 $821,000 $330,000 $491,000
2022 $2,809 $237,677 $91,193 $146,484
2021 $2,732 $233,017 $89,405 $143,612
2020 $2,712 $230,629 $88,489 $142,140
2019 $2,653 $226,107 $86,754 $139,353
2018 $2,675 $221,674 $85,053 $136,621
2017 $2,475 $217,329 $83,386 $133,943
2016 $2,435 $213,068 $81,751 $131,317
2015 $1,688 $143,673 $62,104 $81,569
2014 $1,662 $140,860 $60,888 $79,972
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mammoth Lakes Board of REALTORS® MLS

MLS Number: 220359

Mammoth Lakes Board of REALTORS® MLS

APN: 031-180-057-000