NOT LISTED FOR SALE

1989 Old Mammoth Rd Unit 1 Mammoth Lakes, CA 93546

Estimated Value: $856,000 - $1,375,803

5 Beds
3 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold November 10, 2016

Last sale price $601,750

Est. 77% increase in value since last sale

Current estimated payment $6,314/month

154 Days on Market

About This Home

As of November 2016

Rare opportunity to purchase a income baring multi family property with an adorable log cabin and a duplex, situated next to a beautiful creek and pasture. Views of the Mountains. Imagine purchasing this property and keeping the cabin for your own.....Many possibilities. Beautiful views from each unit with large decks. Free standing wood burning fireplaces in all three units. Electric heaters. Laundry room with coin op w/d. Large storage room for the Tenants. 10+ parking spaces. Duplex has a metal roof and Cabin has a shake roof. Lot is approximately 10,019 sq feet. Both units at the duplex are 2bd/1ba. The Cabin has a long loft, 1ba. Well maintained property, excellent rental income. This is a must see.

Last Agent to Sell the Property

Julie Thompson

Mammoth Sierra Properties License #01397260 Listed on: 05/11/2016

Last Buyer's Agent

Dan Larivee

Heritage Properties License #00627429

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,861

Year Built

  • Built in 1978

Lot Details

  • 10,019

Home Design

  • Triplex

Community Details

  • 3 Units
  • Mammoth Highlands Subdivision

Listing and Financial Details

  • Assessor Parcel Number 022-470-001-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,861

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY, MULTI-FAMILY
  • Type: Triplex, Triplex
  • Age: 38, 38
  • Year Built: 1978, 1978
  • FILLSUBDIVISION: Mammoth Highlands, Mammoth Highlands
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Sq Ft: 216.15, 216.15

Lot Info

  • Lot Unit: 1, 1
  • Zoning: RMF-1, RMF-1
  • Geo Subdivision: CA, CA

Tax Info

  • Assessor Parcel Number: 022-470-001-000, 022-470-001-000

Multi Family

  • Number Of Units: 3, 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2016
Closed on
Oct 28, 2016
Sold by
Frincke Craig Dinah and Frincke Steven Richard
Bought by
Pinkham Management Llc
Seller's Agent
Julie Thompson
Mammoth Sierra Properties
Buyer's Agent
Dan Larivee
Heritage Properties
List Price
$675,000
Sold Price
$601,750
Premium/Discount to List
-$73,250
-10.85%
Current Estimated Value
$1,067,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$465,451
Avg. Annual Appreciation
6.62%

Purchase Details

Listed on
May 11, 2016
Closed on
Sep 26, 2016
Sold by
Frincke Craig Dinah and Brown Carolyn
Bought by
Frincke Craig Dinah and Brown Carolyn
Seller's Agent
Julie Thompson
Mammoth Sierra Properties
Buyer's Agent
Dan Larivee
Heritage Properties
List Price
$675,000
Sold Price
$601,750
Premium/Discount to List
-$73,250
-10.85%
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
Pinkham Management Llc $602,000 Inyo Mono Title Company
Frincke Craig Dinah -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2016 11/10/16 Sold $601,750 -10.9% --
10/12/2016 10/12/16 Pending -- -- --
05/11/2016 05/11/16 For Sale $675,000 -- --
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 $7,861 $684,684 $170,672 $514,012
2023 $7,861 $671,260 $167,326 $503,934
2022 $7,771 $658,099 $164,046 $494,053
2021 $7,557 $645,196 $160,830 $484,366
2020 $7,501 $638,581 $159,181 $479,400
2019 $7,337 $626,060 $156,060 $470,000
2018 $7,400 $613,785 $153,000 $460,785
2017 $6,847 $601,750 $150,000 $451,750
2016 $3,321 $279,960 $136,389 $143,571
2015 $3,307 $275,756 $134,341 $141,415
2014 $3,258 $270,355 $131,710 $138,645
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mammoth Lakes Board of REALTORS® MLS

MLS Number: 108661

Mammoth Lakes Board of REALTORS® MLS

APN: 022-470-001-000