NOT LISTED FOR SALE

217 Rainbow Place Unit 48 Mammoth Lakes, CA 93546

Estimated Value: $1,824,999 - $1,896,000

4 Beds
4 Baths
2,792 Sq Ft
$667/Sq Ft Est. Value

Last Sold April 25, 2017

Last sale price $1,025,000 $367 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $10,815/month

115 Days on Market

Highlights

  • Wood Flooring
  • 3 Car Attached Garage
  • Forced Air Heating System
  • Mammoth High School Rated A-
  • Double Pane Windows
  • Family Room

About This Home

As of April 2017

One of the closest homes in proximity to Canyon Lodge! New contemporary mountain home with an open floor plan perfect for entertaining. Built in 2003, located on a quiet cul de sac, this 4 bdm, 3 full ba 2 1/2 ba Home is well appointed. 217 Rainbow Place comes comes with an extra large 3 car garage for all your toys, dual-zone heating, built-in surround sound, in-floor heating in MB, MB Jacuzzi tub, outside hot tub on balcony and a roof snow melt system. Home automation system - turn on the heat on your way to town. Great windows, warm fireplace and high ceilings. This is your timeless resort home for many years to come.

Last Agent to Sell the Property

Nicole Godoy

Destination Real Estate License #01859017 Listed on: 12/16/2016

Last Buyer's Agent

Sue Jamieson

Riffel Real Estate License #01457373

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,567

Year Built

  • Built in 2003

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • 3 Car Attached Garage

Home Design

  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,792 Sq Ft Home
  • Partially Furnished
  • Gas Log Fireplace
  • Double Pane Windows
  • Family Room
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Propane
  • Gas Water Heater

Community Details

  • Mammoth Slopes IV Subdivision

Listing and Financial Details

  • Assessor Parcel Number 031-180-039-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,567

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: RESIDENTIAL, RESIDENTIAL
  • Type: Single Family, Single Family
  • Year Built: 2003, 2003
  • FILLSUBDIVISION: Mammoth Slopes IV, Mammoth Slopes IV
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Garbage Disposal, Refrigerator, Gas Range/Oven, Microwave, Range Hood, Trash Compactor, Washer, Dryer, Dishwasher, Garbage Disposal, Refrigerator, Gas Range/Oven, Microwave, Range Hood, Trash Compactor, Washer, Dryer
  • Furnished: Partial, Partial
  • Interior Amenities: Hardwood Floors, Hardwood Floors
  • Windows: Double Pane, Double Pane
  • Bedrooms: Four, Four
  • Bathrooms: 4, 4
  • Laundry Type: Laundry Hookups, Laundry Hookups
  • Fireplace: Gas Log, Gas Log
  • Other Room: Family Room, Family Room
  • Estimated Sq Ft: 2792, 2792
  • Price Per Sq Ft: 367.12, 367.12

Exterior Features

  • Exterior: Wood Siding, Wood Siding
  • Roof: Metal, Metal

Garage/Parking

  • Garage Type: Attached Garage, Attached Garage
  • Garage Capacity: Three, Three

Utilities

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

Schools

  • Schools: MUSD, MUSD

Lot Info

  • Lot Unit: 48, 48
  • Number Of Acres: 0.16, 0.16
  • Geo Subdivision: CA, CA

Tax Info

  • Assessor Parcel Number: 031-180-039-000, 031-180-039-000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2016
Closed on
Apr 14, 2017
Sold by
Gillespie Roger L and Gillespie Brenda R
Bought by
Banducci Timothy Mark and Banducci Marilyn
Seller's Agent
Nicole Godoy
Destination Real Estate
Buyer's Agent
Sue Jamieson
Riffel Real Estate
List Price
$1,175,000
Sold Price
$1,025,000
Premium/Discount to List
-$150,000
-12.77%
Current Estimated Value
$1,862,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$837,500
Avg. Annual Appreciation
7.26%

Purchase Details

Closed on
Oct 8, 2004
Sold by
Gillespie Roger L and Gillespie Brenda R
Bought by
Gillespie Roger L and Gillespie Brenda R

Purchase Details

Closed on
Jan 5, 2004
Sold by
Gillespie Roger L and Gillespie Brenda R
Bought by
Gillespie Roger L and Gillespie Brenda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2003
Sold by
1031 Reverse Exchange Co Inc
Bought by
Gillespie Roger L and Gillespie Brenda R

Purchase Details

Closed on
Dec 26, 2002
Sold by
Grayhawk Llc
Bought by
1031 Reverse Exchange Co Inc
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
Banducci Timothy Mark $1,025,000 Inyo Mono Title Company
Gillespie Roger L -- --
Gillespie Roger L -- Chicago Title
Gillespie Roger L -- Inyo Mono Title Company
1031 Reverse Exchange Co Inc $770,000 Inyo-Mono Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gillespie Roger L $322,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2017 04/25/17 Sold $1,025,000 -12.8% $367 / Sq Ft
04/10/2017 04/10/17 Pending -- -- --
12/16/2016 12/16/16 For Sale $1,175,000 -- $421 / 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 $12,567 $1,118,310 $227,563 $890,747
2023 $12,567 $1,096,383 $223,101 $873,282
2022 $12,421 $1,074,886 $218,727 $856,159
2021 $12,072 $1,053,811 $214,439 $839,372
2020 $11,980 $1,043,007 $212,241 $830,766
2019 $11,713 $1,022,557 $208,080 $814,477
2018 $11,815 $1,002,507 $204,000 $798,507
2017 $10,695 $963,196 $268,301 $694,895
2016 $10,516 $944,311 $263,041 $681,270
2015 $10,468 $930,127 $259,090 $671,037
2014 $10,301 $911,908 $254,015 $657,893
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mammoth Lakes Board of REALTORS® MLS

MLS Number: 109266

Mammoth Lakes Board of REALTORS® MLS

APN: 031-180-039-000