NOT LISTED FOR SALE

240 Ocean View Rd Bishop, CA 93514

Estimated Value: $643,000 - $694,000

4 Beds
2.5 Baths
2,346 Sq Ft
$285/Sq Ft Est. Value

Last Sold November 23, 2020

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

Est. 52% increase in value since last sale

Current estimated payment $3,921/month

39 Days on Market

Highlights

  • Horse Property
  • Mountain View
  • Property borders a national or state park
  • Round Valley Elementary School Rated A
  • Wood Burning Stove
  • Pond

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 is a fixer and 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 Agent to Sell the Property

Nancy Davidson

Mammoth Village Properties License #01264041 Listed on: 08/26/2020

Last Buyer's Agent

Lisa Patrie

Mammoth Village Properties License #01982460

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,976

Year Built

  • Built in 1952

Lot Details

  • 0.51 Acre Lot
  • Property borders a national or state park
  • Year Round Access
  • Partially Fenced Property
  • Landscaped
  • Corner Lot
  • Sprinkler System
  • Lawn

Parking

  • Detached Garage

Home Design

  • 2-Story Property
  • Slab Foundation
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 2,346 Sq Ft Home
  • Fireplace
  • Wood Burning Stove
  • Mountain Views
  • Crawl Space
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Pond
  • Horse Property
  • Open Patio

Utilities

  • Evaporated cooling system
  • Pellet Stove burns compressed wood to generate heat
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Permit Issued
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • 40 Acres Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,976

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Reso Interior Features: Fireplace, Fireplace- Wood, Pellet Stove, Flooring- Carpet, Flooring- Vinyl, Dual Pane Windows
  • Property Style: 2 story above ground, Fixer Upper, Ranch
  • Property Sub-Type: SFB- Site Built
  • PropertyType: Single Family
  • Property Type: Single Family Building
  • Year Built: 1952
  • Master Plan Zoning: R-1
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Refrigerator, Washer & Dryer, Dishwasher, Oven/Range, Water Heater- Electric
  • Basement: None
  • Total Bathrooms: 2.5
  • Listing Area: Round Valley
  • Living Area: 2346

Exterior Features

  • Exterior Construction: Brick, Cinder Block
  • Exterior Features: Corner Lot, Fenced- Partial, Landscape- Partial, Lawn, Sprinklers- Automatic, View of Mountains, Horse Property, Access- All Year, Borders BLM, Patio- Uncovered, Pond
  • Foundation: Crawl Space, Slab on Grade
  • Roof Type: Composition

Garage/Parking

  • Garage Description: Detached

Utilities

  • Cooling: Evap Cooler
  • Heating: Baseboard, Electric, Pellet Stove, Wood Burn. Stove
  • Utilities: Cable T.V., Water Source: Private Well, Septic: Has Permit, Internet: Cable/DSL, Phone: Land Line, Garbage Collection, Phone: Cell Service, Power Source: City/Municipal

Lot Info

  • Lot Size: 0.51

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2020
Closed on
Nov 20, 2020
Sold by
Morrison Michael L and The Taylor Family Trust
Bought by
Goodis Brahm
Seller's Agent
Nancy Davidson
Mammoth Village Properties
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
$668,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,540
Avg. Annual Appreciation
8.86%
Original Mortgage
$426,800
Outstanding Balance
$379,791
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$288,749
Source: Public Records

Range of Values:

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Average Value
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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
Goodis Brahm $440,000 Inyo Mono Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 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 -- -- --
08/26/2020 08/26/20 For Sale $449,000 -- $191 / Sq Ft
Source: Inyo County 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: Inyo County MLS

MLS Number: 2311459

APN: 009-130-17