NOT LISTED FOR SALE

1953 Old Mammoth Rd Unit 4 Mammoth Lakes, CA 93546

Estimated Value: $682,000 - $871,796

3 Beds
2 Baths
-- Sq Ft
9,583 Sq Ft Lot

Last Sold August 19, 2016

Last sale price $500,000

Est. 59% increase in value since last sale

Current estimated payment $4,764/month

6 Days on Market

Highlights

  • Covered Deck
  • Corner Lot
  • 4 Car Attached Garage
  • Mammoth High School Rated A-
  • Shades
  • Double Pane Windows

About This Home

As of August 2016

Lowest priced Multi-Family on the market currently. Great investment property or live in one upgraded unit and rent the other unit. Unit #1 was upgraded by former owners for their use. Custom Alder kitchen cabinets and custom built- ins throughout. Mexican tile floor in kitchen and dining area. Upgraded bathroom with custom cabinets. Unit #1 has generous living space and with forced air heat, it's a comfortable home in the winter months. Unit #2 has been upgraded with paint, carpet, bath cabinet with marble counter, and gas fireplace for a cozy feel. The 6 garages below, at monthly rent of $175, provide consistent income or great for the owner with lots of fun toys to store. One garage is set up with water and heat for laundry room if needed. This property has so many possible uses. No EPA upgrades needed or deferred maintenance concerns. Turn-key. Invest and enjoy Mammoth.

Last Agent to Sell the Property

Holly Terrell

Blizzard Real Estate License #01418299 Listed on: 06/21/2016

Last Buyer's Agent

Maggie Larson

NextHome Mammoth Lakes License #01503976

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,567

Year Built

  • Built in 1982

Lot Details

  • Corner Lot
  • Irregular Lot
  • Sprinkler System
  • Landscaped with Trees

Parking

  • 4 Car Attached Garage

Home Design

  • Duplex
  • Metal Roof
  • Wood Siding

Interior Spaces

  • Ceiling Fan
  • Free Standing Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Shades
  • Blinds
  • Living Room with Fireplace
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Carpet
  • Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Propane
  • Electric Water Heater

Community Details

  • Mammoth Highlands Subdivision
  • Gross Income $33,000

Listing and Financial Details

  • Assessor Parcel Number 022-470-004-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,567

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY, MULTI-FAMILY
  • Type: Duplex, Duplex
  • Year Built: 1982, 1982
  • FILLSUBDIVISION: Mammoth Highlands, Mammoth Highlands
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Garbage Disposal, Refrigerator, Elec. Range/Oven, Microwave, Range Hood, Washer, Dryer, Dishwasher, Garbage Disposal, Refrigerator, Elec. Range/Oven, Microwave, Range Hood, Washer, Dryer
  • Interior Amenities: Tile Floors, Carpet, Window Coverings, Ceiling Fans, Smoke Detector, Tile Floors, Carpet, Window Coverings, Ceiling Fans, Smoke Detector
  • Windows: Double Pane, Double Pane
  • Laundry: In Garage, In Garage
  • Fireplace: Gas Log, Free Standing, In Living Room, EPA, Gas Log, Free Standing, In Living Room, EPA
  • Windows Treatments: Blinds, Shades, Blinds, Shades
  • Price Per Sq Ft: 396.83, 396.83

Exterior Features

  • Landscaping: Sprinkler System, Trees, Sprinkler System, Trees
  • Ext Amenities: Paved Driveway, Paved Street, Paved Driveway, Paved Street
  • Exterior: Wood Siding, Wood Siding
  • Porch Patio: Open Deck, Covered Deck, Open Deck, Covered Deck
  • Roof: Metal, Metal

Garage/Parking

  • Garage Type: Attached Garage, Attached Garage
  • Garage Capacity: Four +, Four +

Utilities

  • Gas: Propane, Propane
  • Heating: Electric, Propane, Forced Air, Electric, Propane, Forced Air
  • Sewer: Public Sewer, Public Sewer
  • Water Heater: Electric, Electric
  • Water Supply: Public Water, Public Water

Lot Info

  • Lot Description: Corner Lot, Irregular, Corner Lot, Irregular
  • Lot Unit: 4, 4
  • Zoning: RMF-1, RMF-1
  • Geo Subdivision: CA, CA

Tax Info

  • Assessor Parcel Number: 022-470-004-000, 022-470-004-000

Multi Family

  • Gross Annual Income: 33000, 33000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2017
Sold by
Needham James R and Needham Leslie A
Bought by
Needham Old Mammoth Road Llc
Current Estimated Value
$795,449

Purchase Details

Listed on
Jun 21, 2016
Closed on
Jul 13, 2016
Sold by
Spaeth Terrell Alexander Richmond and Spaeth Terrell Holly
Bought by
Needham James R and Needham Leslie A
Seller's Agent
Holly Terrell
Blizzard Real Estate
Buyer's Agent
Maggie Larson
NextHome Mammoth Lakes
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.20%
Original Mortgage
$350,000
Interest Rate
3.41%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 6, 2005
Sold by
Terrell Alexander R and Terrell Holly S
Bought by
Spaeth Terrell Alexander Richmond and Spaeth Terrell Holly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.14%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 9, 2005
Sold by
Terrell Alexander R and Terrell Holly S
Bought by
Terrell Alexander R and Terrell Holly S

Purchase Details

Closed on
Aug 26, 2005
Sold by
Terrell Alexander R and Terrell Holly S
Bought by
Terrell Alexander Richmond and Terrell Holly Spaeth

Purchase Details

Closed on
Mar 14, 2003
Sold by
Conti Joseph and Conti Melisa
Bought by
Terrell Alexander R and Terrell Holly S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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
Needham Old Mammoth Road Llc -- None Available
Needham James R $500,000 Inyo Mono Title Company
Spaeth Terrell Alexander Richmond -- Mountain Title Company
Terrell Alexander R -- Mountain Title Company
Terrell Alexander R -- --
Terrell Alexander Richmond -- --
Terrell Alexander R $425,000 Inyo Mono Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Needham James R $350,000
Previous Owner Terrell Alexander R $100,000
Previous Owner Terrell Alexander R $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2016 08/19/16 Sold $500,000 -4.8% --
06/27/2016 06/27/16 Pending -- -- --
06/21/2016 06/21/16 For Sale $525,000 -- --
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 $6,567 $573,909 $170,672 $403,237
2023 $6,567 $563,255 $167,326 $395,929
2022 $6,437 $546,820 $164,046 $382,774
2021 $6,260 $536,099 $160,830 $375,269
2020 $6,213 $530,603 $159,181 $371,422
2019 $6,077 $520,200 $156,060 $364,140
2018 $6,129 $510,000 $153,000 $357,000
2017 $5,669 $500,000 $150,000 $350,000
2016 $4,253 $370,000 $120,000 $250,000
2015 $3,517 $300,000 $150,000 $150,000
2014 $3,529 $300,000 $150,000 $150,000
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2016

    Holly Terrell

    Blizzard Real Estate

    (760) 937-3113

    1 in this area

    1 Total Sale

    Holly Terrell
    Section Image

  • M

    Buyer's Agent in 2016

    Maggie Larson

    NextHome Mammoth Lakes

  • J

    Buyer's Agent in 2016

    Jamie Rhinehart

    Coldwell Banker Segerstrom

    (209) 743-0228

    12 in this area

    18 Total Sales

    Jamie Rhinehart
    Section Image

  • D

    Buyer's Agent in 2016

    DIANE JOHNSON

    MANOR REALTY

  • D

    Buyer's Agent in 2016

    David Bissell

    Village Real Estate

See All Agents

Map

Source: Mammoth Lakes Board of REALTORS® MLS

MLS Number: 108799

Mammoth Lakes Board of REALTORS® MLS

APN: 022-470-004-000

California Mono County Mammoth Lakes 93546

1953 Old Mammoth Rd Unit 4, Mammoth Lakes, CA

This home is located at 1953 Old Mammoth Rd Unit 4, Mammoth Lakes, CA 93546 since 21 June 2016 and is currently estimated at $795,449. This property was built in 1982. 1953 Old Mammoth Rd Unit 4 is a home located in Mono County with nearby schools including Mammoth Elementary School, Mammoth Middle School, and Mammoth High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Mammoth Lakes Board of REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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