NOT LISTED FOR SALE

1197 Forest Trail Unit 1 Mammoth Lakes, CA 93546

Mammoth Lakes Area

Estimated Value: $1,368,000 - $1,824,000

3 Beds
3.5 Baths
1,832 Sq Ft
2005 Built

Sale Details

Date Sold: November 4, 2020

Last sale price $1,225,000 $669 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $9,503 / mo

27 Days on Market

Highlights

  • Heated Floors
  • Ski Lockers
  • Hydromassage or Jetted Bathtub
  • Mammoth High School Rated A-
  • Vaulted Ceiling
  • Furnished

About This Home

As of November 2020

Exclusive luxury and a rare find. Magnolia Lodge custom Townhome handily adjacent to the Village and easy access to the Gondola, Restaurants, entertainment and shopping. Imagine yourself enjoying the tranquillity of your unique custom 4 unit boutique complex with 2 Private entrances, underground HOA heated garage with 2 designated parking spaces, 2 private ski lockers and heated sidewalks to your front door. Approximately 1,832 Sq Feet, this property has 3 large Bedrooms with en-suite bathrooms and another half bathroom on the Main level for your guests. Washer and Dryer located conveniently on the upper level. The covered deck has a propane built-in BBQ. Brazilian Cherry wood Flooring, slate flooring, high end wool carpeting, Hydronic heated floors/decks/driveways. A gourmet kitchen with granite counters, stainless steel appliances, H2O filtrations and instant hot water in the Kitchen. An intimate dining area, propane fireplace in the living room with beautiful masonry and oversized hearth. Convenient ample storage space with walk in closets in 2 of the bedrooms. Professionally decorated and sold furnished. The HOA has a central Boiler system in the underground garage which offers hot water to all 4 units, therefore, keeping your personal utility expenses at a minimum. This property will offer you a high end rental income and is a favorite on the Mammoth Estates Rental program, rated #2 on Trip Advisor. Please see C.A.R.'s Posted Rules of Entry:

Last Agent to Sell the Property

Julie Thompson

Mammoth Sierra Properties Brokerage Phone: 760-920-0853 License #01397260 Listed on: 08/25/2020

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built

  • Built in 2005

Lot Details

  • South Facing Home

Parking

  • Subterranean Parking
  • Garage Door Opener

Home Design

  • Metal Roof

Interior Spaces

  • 3-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • EPA Qualified Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Living Room with Fireplace
  • Storage

Kitchen

  • Gas Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Trash Compactor

Flooring

  • Wood
  • Carpet
  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, internet

Community Details

Recreation

  • Ski Lockers

Pet Policy

  • Pets Allowed

Additional Features

  • Association fees include insurance, ground maintenance, maintenance structure, trash, water
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 2005

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • New Construction: No
  • View: Trees/Woods
  • Year Built: 2005
  • Property Condition: New Construction
  • Stories: 3
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Security Features: Smoke Detector(s)
  • Association Amenities: Pets Allowed, Ski Storage, Storage
  • Association Fees: 1332.0
  • Association Fee Inclusions: Insurance, Maintenance Grounds, Maintenance Structure, Other, Trash, Water
  • Co List Office Mls Id: MSP
  • Has Cooling?: No
  • Has Fireplace?: Yes
  • Unit Levels: Three Or More
  • Structure Type: Townhouse
  • PropertySubTypeAdditional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Range Hood, See Remarks, Trash Compactor, Washer
  • Furnished: Furnished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: EPA Qualified Fireplace, One, Insert, Gas Log, Living Room
  • Fireplaces: 1
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Ceiling Fan(s), Heated Floor, High Speed Internet, Jetted Tub, Other, See Remarks, Cable TV, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Window Features: Clad, Double Pane Windows, Vinyl, Window Coverings

Exterior Features

  • Roof: Metal
  • Home Warranty: No
  • Construction Type: Stone Veneer
  • Direction Faces: South
  • Patio And Porch Features: Balcony, Covered

Garage/Parking

  • Garaged Spaces: 2.0
  • Has Attached Garage?: Yes
  • Parking Features: Underground, Garage Door Opener

Utilities

  • Heating: Forced Air, Hot Water, Propane
  • Sewer: Public Sewer
  • Water Heater: Common
  • Utilities: Natural Gas Connected, Propane, High Speed Internet Connected
  • Laundry Features: Washer Hookup, Laundry Closet, Upper Level
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Common Interest: Condominium

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Internet

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2020
Closed on
Nov 3, 2020
Sold by
Daniel A Lion And Jacqueline Lion Tru and Lion Daniel A
Bought by
Seller's Agent
Julie Thompson
Mammoth Sierra Properties
List Price
$1,250,000
Sold Price
$1,225,000
Premium/Discount to List
-$25,000
-2%
Current Estimated Value
$1,499,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,363
Avg. Annual Appreciation
3.54%
Original Mortgage
$529,000
Outstanding Balance
$461,063
Interest Rate
2.81%
Estimated Equity
$1,038,300

Purchase Details

Closed on
Jul 20, 2015
Sold by
Lion Jeffrey and Danielle Christine Trust
Bought by
Lion Daniel A and Lion Jacqueline

Purchase Details

Closed on
Jun 20, 2015
Sold by
Lion Jeffrey and Charles Paul Lion Trust
Bought by
Lion Daniel A and Lion Jacqueline

Purchase Details

Closed on
Apr 24, 2006
Sold by
Sugar Magnolia Llc
Bought by
Lion Dan and Lion Jacqueline
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Mammoth Lakes, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,225,000 --
Lion Daniel A $190,000 None Available
Daniel A Lion & Jacqueline Lion Trust $190,000 None Available
Lion Daniel A $190,000 None Available
Lion Dan $1,450,000 Inyo Mono Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $529,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/04/2020 11/04/20 Sold $1,225,000 -2.0% $669 / Sq Ft
09/21/2020 09/21/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $1,250,000 -- $682 / Sq Ft
Source: Mammoth Lakes Board of REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $15,241 $1,354,893 $264,977 $1,089,916
2025 $14,543 $1,331,916 $259,782 $1,072,134
2024 $14,543 $1,298,448 $254,689 $1,043,759
2023 $14,543 $1,273,480 $249,696 $1,023,784
2022 $14,383 $1,249,000 $244,800 $1,004,200
2021 $14,012 $1,227,500 $240,000 $987,500
2020 $11,216 $978,500 $190,000 $788,500
2019 $10,860 $950,000 $190,000 $760,000
2018 $11,172 $950,000 $190,000 $760,000
2017 $11,498 $1,039,000 $207,800 $831,200
2016 $11,528 $1,039,000 $207,800 $831,200
2015 $9,547 $850,000 $170,000 $680,000
2014 $8,421 $746,200 $149,240 $596,960
Source: Public Records

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Map

Source: Mammoth Lakes Board of REALTORS® MLS

MLS Number: 200754

Mammoth Lakes Board of REALTORS® MLS

APN: 031-081-001-000

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