NOT LISTED FOR SALE

281 Mono St Unit 1 Mammoth Lakes, CA 93546

Estimated Value: $394,000 - $1,332,000

4 Beds
4 Baths
-- Sq Ft
0.36 Acres

Last Sold November 05, 2013

Last sale price $225,000

Est. 260% increase in value since last sale

Current estimated payment $4,742/month

59 Days on Market

About This Home

As of November 2013

Property was originally built as a ski lodge shortly after MMSA opened. There are 3 units; 2 on the bottom & 1 on the top, w/a large storage unit on top front floor. The storage unit could be converted into a 4th unit, but needs to be confirmed by a contractor and the Town. All units are on 1 power meter. The owner rents the entire property to a single property manager who rents to tenants for profit. This is a great fixer for the right buyer who's looking for an affordable, income producing property.

Last Agent to Sell the Property

Matthew Lehman

Matthew Lehman Real Estate License #01149776 Listed on: 06/24/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,249

Year Built

  • Built in 1962

Lot Details

  • 0.36

Home Design

  • Triplex

Community Details

  • 3 Units
  • Mono St Community
  • Sierra Valley Sites I Subdivision

Listing and Financial Details

  • Assessor Parcel Number 033-147-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,249

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Triplex
  • Year Built: 1962
  • FILLSUBDIVISION: Sierra Valley Sites I
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Sq Ft: 101.08

Lot Info

  • Lot Unit: 1
  • Project Name: Mono St
  • Geo Subdivision: CA

Tax Info

  • Assessor Parcel Number: 033-147-001

Multi Family

  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2013
Closed on
Oct 31, 2013
Sold by
Larson William
Bought by
Larson Lindsay
Seller's Agent
Matthew Lehman
Matthew Lehman Real Estate
List Price
$220,000
Sold Price
$225,000
Premium/Discount to List
$5,000
2.27%
Current Estimated Value
$809,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$584,537
Avg. Annual Appreciation
10.87%
Original Mortgage
$202,500
Interest Rate
4.46%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Jun 24, 2013
Closed on
Sep 16, 2013
Sold by
Rios Gilbert and Sellinger Lloyd
Bought by
Larson Lindsay
Seller's Agent
Matthew Lehman
Matthew Lehman Real Estate
List Price
$220,000
Sold Price
$225,000
Premium/Discount to List
$5,000
2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
4.46%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 22, 2013
Sold by
Sellinger Lloyd
Bought by
Sellinger Lloyd and The Lloyd Sellinger & Joan D S
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
Larson Lindsay -- Inyo Mono Title Company
Larson Lindsay $225,000 Inyo Mono Title Company
Sellinger Lloyd -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larson Lindsay $3,675,000
Closed Larson Lindsay $451,500
Closed Larson Lindsay $262,500
Previous Owner Larson Lindsay $202,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2013 11/05/13 Sold $225,000 +2.3% --
08/22/2013 08/22/13 Pending -- -- --
06/24/2013 06/24/13 For Sale $220,000 -- --
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
2023 $3,249 $265,100 $117,822 $147,278
2022 $3,213 $259,903 $115,512 $144,391
2021 $3,129 $254,808 $113,248 $141,560
2020 $3,107 $252,196 $112,087 $140,109
2019 $3,042 $247,252 $109,890 $137,362
2018 $3,067 $242,405 $107,736 $134,669
2017 $2,849 $237,653 $105,624 $132,029
2016 $2,804 $232,994 $103,553 $129,441
2015 $2,792 $229,495 $101,998 $127,497
2014 $2,751 $225,000 $100,000 $125,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mammoth Lakes Board of REALTORS® MLS

MLS Number: 105856

Mammoth Lakes Board of REALTORS® MLS

APN: 033-147-001-000