NOT LISTED FOR SALE

273 Rainbow Ln Unit 42 Mammoth Lakes, CA 93546

Estimated Value: $850,000 - $911,000

2 Beds
2 Baths
1,061 Sq Ft
1,002 Sq Ft Lot

Last Sold May 21, 2021

Last sale price $602,500 $568 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $5,653/month

4 Days on Market

Highlights

  • Wood Burning Stove
  • Sauna
  • Community Pool
  • Mammoth High School Rated A-
  • Furnished
  • Fireplace

About This Home

As of May 2021

This 2 bedroom, 2 full baths + attached garage is conveniently located within walking distance to Canyon Lodge in the Courchevel complex. The living room has vaulted beam ceilings, with beautiful upgraded fireplace. A perfect place to relax after a long day on the slopes or out exploring the beautiful mountains and lakes nearby. The garage is one of the greatest features, with washer & dryer hookups! Pull right in during a winter storm, or store all of your summer adventure gear. The convenience of being able to walk up to the lodge, over to Austria Hof for dinner or down to the village makes this location one of the best in all of Mammoth! No more trying to find parking or waiting for a shuttle, just walk right over. Your guests will be looking for convenience and this has it. The property also features a community pool, 2 spas, a sauna and laundry facilities just steps away from this unit. Recent $14K Fireplace Upgrade. Courchevel complex is completing a re-siding project scheduled to be completed Summer 2021, along with the balconies and decks upgraded to current code. Each unit has been assessed $25,000 which has already been paid in full by the Sellers. This unit will have all new siding and the North side of the roof was replaced in 2020.

Last Agent to Sell the Property

Sue Jamieson

Riffel Real Estate License #01457373 Listed on: 04/17/2021

Last Buyer's Agent

Jennifer Burrows

Mammoth Lakes Resort Realty License #02050682

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,861

Year Built

  • Built in 1972

Lot Details

  • 1,002

Parking

  • 1 Car Attached Garage

Home Design

  • Metal Roof

Interior Spaces

  • 1,061 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Fireplace
  • Wood Burning Stove
  • Double Pane Windows
  • Carpet

Kitchen

  • Electric Oven or Range
  • Range Hood
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Covered Deck

Utilities

  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for trash, water
  • Assessor Parcel Number 031-204-042-000

Community Details

Overview

  • Association fees include water, trash service, insurance, rec. facilities, building maint., swimming pool, hot tub, sauna
  • Courchevel Community

Amenities

  • Sauna
  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,861

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: CONDOMINIUM, CONDOMINIUM
  • Type: Condominium, Condominium
  • Age: 49, 49
  • Year Built: 1972, 1972
  • Stories: 2, 2
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Garbage Disposal, Refrigerator, Elec. Range/Oven, Microwave, Range Hood, Dishwasher, Garbage Disposal, Refrigerator, Elec. Range/Oven, Microwave, Range Hood
  • Furnished: Yes, Yes
  • Interior Amenities: Carpet, Carpet
  • Windows: Double Pane, Double Pane
  • Bedrooms: Two, Two
  • Bathrooms: 2, 2
  • Laundry Type: Common Area, Common Area
  • Fireplace: One, Wood Stove, One, Wood Stove
  • Estimated Sq Ft: 1061, 1061
  • Price Per Sq Ft: 567.86, 567.86

Exterior Features

  • Exterior: Frame, Frame
  • Porch Patio: Covered Deck, Covered Deck
  • Roof: Metal, Metal

Garage/Parking

  • Garage Type: Attached Garage, Attached Garage
  • Garage Capacity: One, One

Utilities

  • Heating: Electric, Electric
  • Sewer: Public Sewer, Public Sewer
  • Water Heater: Electric, Electric
  • Water Supply: Public Water, Public Water

Condo/Co-op/Association

  • HOA Amenities: Swimming Pool, Hot Tub, Sauna, Swimming Pool, Hot Tub, Sauna
  • HOA: 831, 831
  • HOA Fee Includes: Water, Trash Service, Insurance, Rec. Facilities, Building Maint., Swimming Pool, Hot Tub, Sauna, Water, Trash Service, Insurance, Rec. Facilities, Building Maint., Swimming Pool, Hot Tub, Sauna
  • Management Pays: Trash, Water, Trash, Water

Lot Info

  • Lot Unit: 42, 42
  • Project Name: Courchevel, Courchevel
  • Project Area: CANYON LODGE, CANYON LODGE
  • Geo Subdivision: CA, CA

Rental Info

  • Owner Tenant Pays: Electric, High Speed Access, Electric, High Speed Access

Tax Info

  • Assessor Parcel Number: 031-204-042-000, 031-204-042-000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2022
Sold by
Richard Dierenfield Devin and Richard Milena
Bought by
Dierenfield Family Trust
Current Estimated Value
$887,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,300
Outstanding Balance
$426,455
Interest Rate
5.78%
Mortgage Type
Balloon
Estimated Equity
$454,308

Purchase Details

Closed on
Jul 21, 2022
Sold by
Dierenfield Family Trust
Bought by
Dierenfield Devin Richard and Dierenfield Milena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,300
Outstanding Balance
$426,455
Interest Rate
5.78%
Mortgage Type
Balloon
Estimated Equity
$454,308

Purchase Details

Listed on
Apr 17, 2021
Closed on
May 4, 2021
Sold by
Orin Steve K and Orin Julie J
Bought by
Dierenfield Devin Richard and Dierenfield Milena
Seller's Agent
Sue Jamieson
Riffel Real Estate
Buyer's Agent
Jennifer Burrows
Mammoth Lakes Resort Realty
List Price
$597,000
Sold Price
$602,500
Premium/Discount to List
$5,500
0.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.56%
Original Mortgage
$451,875
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2017
Sold by
Orin Steve K and Orin Julie J
Bought by
Prin Steve K and Prin Orin Julie
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
Dierenfield Family Trust -- Wfg National Title Insurance C
Dierenfield Devin Richard $381,500 Wfg National Title Insurance C
Dierenfield Devin Richard $602,500 Inyo Mono Title Company
Prin Steve K -- None Available
Orin Steve K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dierenfield Devin Richard $442,300
Previous Owner Dierenfield Devin Richard $451,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $602,500 +0.9% $568 / Sq Ft
04/21/2021 04/21/21 Pending -- -- --
04/17/2021 04/17/21 For Sale $597,000 -- $563 / 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
2023 $8,861 $772,558 $147,371 $625,187
2022 $7,888 $681,490 $122,298 $559,192
2021 $1,864 $156,514 $29,820 $126,694
2020 $1,851 $154,972 $29,515 $125,457
2019 $1,768 $148,052 $28,937 $119,115
2018 $1,760 $143,189 $28,370 $114,819
2017 $1,630 $140,382 $27,814 $112,568
2016 $1,604 $137,630 $27,269 $110,361
2015 $1,597 $135,564 $26,860 $108,704
2014 $1,573 $132,909 $26,334 $106,575
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mammoth Lakes Board of REALTORS® MLS

MLS Number: 210340

Mammoth Lakes Board of REALTORS® MLS

APN: 031-204-042-000