NOT LISTED FOR SALE

240 Ocean View Rd Unit 18 Bishop, CA 93514

Estimated Value: $639,000 - $768,927

4 Beds
2.5 Baths
2,346 Sq Ft
$295/Sq Ft Est. Value

Last Sold November 23, 2020

Last sale price $440,000 $188 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,007/month

38 Days on Market

Highlights

  • Horses Allowed On Property
  • 2 Fireplaces
  • Views
  • Round Valley Elementary School Rated A
  • Cooling Available
  • Garage

About This Home

As of November 2020

Opportunity abounds in 40 Acres! This is a unique property in a private setting that borders BLM land on the West side with views of Wheeler Crest and creeks and a pond on the property. The house needs love but there are 2 sets of garages. The newest built in 2007 is a 3-bay, one with high ceilings and tall garage door which would be great to work on cars or store an RV. Plenty of storage! This garage also has a separate large office that has hardwood floors and is beautifully finished. There is also another garage that is currently being used as a work shop. Landscape sprinklers run off the creek water. Fruit trees and a garden area. Plenty of trails for hiking and biking. A signed Coronavirus Property Entry Advisory and Declaration (CAR Form PEAD) is required from anyone who will be entering the property. Additionally, strict adherence to CDC guidelines as well as any local ordinance mandating the use of protective gear (e.g. masks) is also required.

Last Buyer's Agent

Lisa Patrie

Mammoth Village Properties License #01982460

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 0.51 Acre Lot
  • South Facing Home

Parking

  • Garage

Home Design

  • Composition Roof

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Property Views

Kitchen

  • Electric Oven
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Cooling Available
  • Heating System Uses Wood
  • Electric Water Heater

Community Details

  • 40 Acres Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • View: Mountain(s)
  • Year Built: 1952
  • Stories: 2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Fencing: Wood
  • Horses: Yes
  • Lot Features: Adjacent To Public Land, Corner Lot, Fruit Trees, Garden, Lawn, Level, Ranch, Sprinkler System, Trees, Views, Pond on Lot
  • LotSizeAcres: 0.51
  • Road Surface Type: Unimproved
  • Has View?: Yes
  • Association Amenities: None
  • Co List Office Mls Id: MVP
  • Subdivision Name: 40 Acres
  • Has Basement?: No
  • Has Cooling?: Yes
  • Has Fireplace?: Yes
  • Unit Levels: Two
  • Room Types: Office
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Refrigerator, Range Hood, Washer
  • Basement: None
  • Furnished: Unfurnished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Two, Living Room, Primary Bedroom, Pellet Stove, Wood Burning Stove
  • Fireplaces: 2
  • Flooring: Carpet, Tile, Vinyl
  • Window Features: Double Pane Windows, Metal, Single Pane, Wood Frames

Exterior Features

  • Roof: Composition
  • Waterfront Features: Creek
  • Direction Faces: South
  • Patio And Porch Features: Open, Patio

Garage/Parking

  • Has Attached Garage?: No
  • Has Attached Garage?: Yes
  • Parking Features: Detached, Garage, Four or more Spaces

Utilities

  • Heating: Electric, Wood
  • Sewer: Septic Tank
  • Water Heater: Electric
  • Utilities: Propane
  • Laundry Features: Main Level, Laundry Room
  • Heating Yn: Yes

Lot Info

  • Horse Amenities: Horses Allowed
  • Lot Size Sq Ft: 22216.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2020
Closed on
Nov 20, 2020
Sold by
Morrison Michael L and The Taylor Family Trust
Bought by
Goodis Brahm
Buyer's Agent
Lisa Patrie
Mammoth Village Properties
List Price
$449,000
Sold Price
$440,000
Premium/Discount to List
-$9,000
-2%
Current Estimated Value
$691,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,732
Avg. Annual Appreciation
9.11%
Original Mortgage
$426,800
Outstanding Balance
$378,054
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$313,678

Purchase Details

Listed on
Aug 27, 2020
Closed on
Nov 17, 2020
Sold by
Taylor Family Trust and Morrison Michael L
Bought by
Goodis Brahm
Buyer's Agent
Lisa Patrie
Mammoth Village Properties
List Price
$449,000
Sold Price
$440,000
Premium/Discount to List
-$9,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$426,800
Outstanding Balance
$378,054
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$313,678
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Goodis Brahm $440,000 Inyo Mono Title Company
Goodis Brahm -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goodis Brahm $426,800
Closed Goodis Brahm $426,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2020 11/23/20 Sold $440,000 -2.0% $188 / Sq Ft
10/04/2020 10/04/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $449,000 -- $191 / 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
2025 $4,976 $476,269 $189,425 $286,844
2024 $4,976 $466,931 $185,711 $281,220
2023 $4,863 $457,776 $182,070 $275,706
2022 $4,891 $448,800 $178,500 $270,300
2021 $4,775 $440,000 $175,000 $265,000
2020 $3,476 $332,016 $64,966 $267,050
2019 $3,476 $325,507 $63,693 $261,814
2018 $3,406 $319,126 $62,445 $256,681
2017 $3,340 $312,870 $61,221 $251,649
2016 $3,307 $306,736 $60,021 $246,715
2015 $3,242 $302,130 $59,120 $243,010
2014 $3,207 $296,212 $57,962 $238,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mammoth Lakes Board of REALTORS® MLS

MLS Number: 200764

Mammoth Lakes Board of REALTORS® MLS

APN: 009-130-17