NOT LISTED FOR SALE

1423 Majestic Pines Dr Unit 1423 Mammoth Lakes, CA 93546

Estimated Value: $606,000 - $880,000

3 Beds
2 Baths
1,319 Sq Ft
$593/Sq Ft Est. Value

Last Sold February 15, 2024

Last sale price $675,000 $512 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,500/month

100 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Wood Frame Window
  • Mammoth High School Rated A-
  • Loft
  • Shades

About This Home

As of February 2024

This home is located near the town Shuttle. Walking distance to Eagle Lodge. Great location in town. The home has good bones and has lots of design potential. The home is in need of major upgrade. It is being sold essentially as-is, as there are some issues with the electrical and plumbing, windows etc. Seller is motivated. Good fixer-Starter or would be great for a builder or someone looking to develope a good equity hold with a property upgrade project.

Last Agent to Sell the Property

Narik McArthur

Mammoth Properties Exchange Inc License #02009915 Listed on: 09/20/2023

Last Buyer's Agent

Kerrick Helton

Compass License #01784118

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,890

Year Built

  • Built in 1971

Lot Details

  • 8,276 Sq Ft Lot
  • East Facing Home
  • Level Lot
  • Property is zoned RSF

Home Design

  • Fixer Upper
  • Composition Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 2 Bathrooms
  • 1,319 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Shades
  • Wood Frame Window
  • Family Room
  • Loft
  • Carpet

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Dishwasher
  • Disposal

Outdoor Features

  • Deck
  • Porch

Utilities

  • Pellet Stove burns compressed wood to generate heat
  • Electric Water Heater

Community Details

  • Majestic Pines Iii Subdivision

Listing and Financial Details

  • Assessor Parcel Number 033-290-045-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,890

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Age: 53
  • Orientation: East
  • Year Built: 1971
  • Property Condition: Fixer
  • Stories: 2
  • FILLSUBDIVISION: Majestic Pines III
  • Accessory Dwelling Unit: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Garbage Disposal, Refrigerator, Electric Range/Oven, Range Hood, Electric Oven
  • Interior Amenities: Carpet, Ceiling Fans, Vaulted Ceilings
  • Windows: Wood
  • Windows Treatments: Shades
  • Bedrooms: Three/Loft
  • Bathrooms: 2
  • Fireplace: Pellet Stove
  • Other Room: Family Room
  • Estimated Sq Ft: 1319
  • Price Per Sq Ft: 511.75

Exterior Features

  • Ext Amenities: Paved Street
  • Exterior: T1-11
  • Porch Patio: Porch Open, Open Deck
  • Roof: Composition

Utilities

  • Heating: Pellet Stove
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Water Supply: Public Water

Condo/Co-op/Association

  • H O A Frequency: N/A

Lot Info

  • Lot Description: Level
  • Lot Unit: 1423
  • Number Of Acres: 0.19
  • Zoning: RSF
  • Geo Subdivision: CA

Tax Info

  • Assessor Parcel Number: 033-290-045-000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2023
Closed on
Jan 4, 2024
Sold by
Jon Osborn Trust
Bought by
James And Jennifer Sewell Family Trust and Sewell
Seller's Agent
Narik McArthur
Mammoth Properties Exchange Inc
Buyer's Agent
Kerrick Helton
Compass
List Price
$725,000
Sold Price
$675,000
Premium/Discount to List
-$50,000
-6.9%
Views
127
Current Estimated Value
$781,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,646
Avg. Annual Appreciation
10.06%
Original Mortgage
$540,000
Outstanding Balance
$532,322
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
$249,324

Purchase Details

Closed on
Apr 21, 2016
Sold by
Osborn Jonathan B
Bought by
Osborn Jon and The Jon Osborn Trust

Purchase Details

Closed on
Oct 16, 2012
Sold by
Osborn Tami D
Bought by
Osborn Jonathan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,718
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2004
Sold by
Osborn Charles E
Bought by
Osborn Jonathan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
5.77%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
James And Jennifer Sewell Family Trust $675,000 Inyo-Mono Title
Osborn Jon -- None Available
Osborn Jonathan B -- Fidelity National Title Co
Osborn Jonathan B -- Inyo Mono Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open James And Jennifer Sewell Family Trust $540,000
Previous Owner Osborn Jonathan B $317,718
Previous Owner Osborn Jonathan B $330,000
Previous Owner Osborn Jonathan B $125,000
Previous Owner Osborn Jonathan B $202,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2024 02/15/24 Sold $675,000 -2.9% $512 / Sq Ft
12/29/2023 12/29/23 Pending -- -- --
12/14/2023 12/14/23 Price Changed $695,000 -4.1% $527 / Sq Ft
11/16/2023 11/16/23 For Sale $725,000 0.0% $550 / Sq Ft
10/05/2023 10/05/23 Pending -- -- --
09/20/2023 09/20/23 For Sale $725,000 -- $550 / 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 $2,890 $251,654 $107,577 $144,077
2023 $2,890 $246,720 $105,468 $141,252
2022 $2,857 $241,883 $103,400 $138,483
2021 $2,779 $237,141 $101,373 $135,768
2020 $2,758 $234,710 $100,334 $134,376
2019 $2,698 $230,109 $98,367 $131,742
2018 $2,721 $225,598 $96,439 $129,159
2017 $2,518 $221,176 $94,549 $126,627
2016 $2,476 $216,841 $92,696 $124,145
2015 $2,465 $213,585 $91,304 $122,281
2014 $2,427 $209,402 $89,516 $119,886
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mammoth Lakes Board of REALTORS® MLS

MLS Number: 230531

Mammoth Lakes Board of REALTORS® MLS

APN: 033-290-045-000