NOT LISTED FOR SALE

413 Rainbow Ln Unit 1 Mammoth Lakes, CA 93546

Estimated Value: $1,441,000 - $2,254,850

3 Beds
3 Baths
2,025 Sq Ft
1,307 Sq Ft Lot

Last Sold September 17, 2020

Last sale price $1,415,000 $699 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $12,226/month

34 Days on Market

Highlights

  • New Construction
  • New Flooring
  • Multiple Fireplaces
  • Mammoth High School Rated A-
  • Newly Painted Property
  • Balcony

About This Home

As of September 2020

New Construction of the Model "D" Floor plan. Literally across the street from Canyon Lodge. This home is a Planned Unit Development (PUD), not a condominium. Lot #10 (Home #10) is one of the closest homes to Canyon Lodge and is one of only two stand-alone homes in the Mountainside Project, in other words it does not have a common wall. The home has views up Lincoln Mountain and the ski slopes. Homes in this project do permit transient rentals (nightly rentals), a unique characteristic for a any home in Mammoth. This is a truly PREMIUM LOCATION and something that is very rare for Mammoth Lakes. The home is new construction and completed with quality finishes. The balcony is engineered for a private spa so you and guests can enjoy a hot, private soak after a day of skiing. All homes in this project "sold out" within the first month of being offer two years ago. This is the last one to be released by the developer. HOA dues cover snow removal, exterior maintenance, water, sewer and trash.

Last Agent to Sell the Property

Matthew Lehman

Matthew Lehman Real Estate License #01149776 Listed on: 08/05/2020

Last Buyer's Agent

Stephanie Cook

Mammoth Realty Group, Inc. License #01160822

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,631

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 1,307

Home Design

  • Newly Painted Property
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,025 Sq Ft Home
  • 3-Story Property
  • Multiple Fireplaces
  • Double Pane Windows

Kitchen

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

Flooring

  • New Flooring
  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Security

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating System
  • Propane Water Heater

Additional Features

  • Balcony
  • North Facing Home

Listing and Financial Details

  • Assessor Parcel Number 031-197-010-000

Community Details

Overview

  • Association fees include water, trash service
  • Mountainside Community
  • Planned Unit Development

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,631

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Class: CONDOMINIUM, CONDOMINIUM
  • Type: Planned Unit Development, Planned Unit Development
  • Orientation: North, North
  • View: Ski Slopes, Ski Slopes
  • Year Built: 2020, 2020
  • Property Condition: New, New
  • Stories: 3, 3
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Garbage Disposal, Refrigerator, Gas Range/Oven, Microwave, Range Hood, Dishwasher, Garbage Disposal, Refrigerator, Gas Range/Oven, Microwave, Range Hood
  • Interior Amenities: New Floor Cover, New Paint, Hardwood Floors, Carpet, Smoke Detector, Garage Door Opener, New Floor Cover, New Paint, Hardwood Floors, Carpet, Smoke Detector, Garage Door Opener
  • Windows: Double Pane, Double Pane
  • Bedrooms: Three, Three
  • Bathrooms: 3, 3
  • Laundry Type: Area, Area
  • Fireplace: Two, Two
  • Estimated Sq Ft: 2025, 2025
  • Price Per Sq Ft: 698.77, 698.77

Exterior Features

  • Exterior: Wood Siding, Wood Siding
  • Porch Patio: Open Balcony, Open Balcony
  • Roof: Composition, Composition

Garage/Parking

  • Garage Type: Attached Garage, Attached Garage
  • Garage Capacity: Two, Two

Utilities

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

Condo/Co-op/Association

  • HOA: 430, 430
  • HOA Fee Includes: Water, Trash Service, Water, Trash Service

Lot Info

  • Lot Unit: 1, 1
  • Zoning: RMF-2, RMF-2
  • Project Name: Mountainside, Mountainside
  • Project Area: CANYON LODGE, CANYON LODGE
  • Geo Subdivision: CA, CA

Tax Info

  • Assessor Parcel Number: 031-197-010-000, 031-197-010-000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2020
Closed on
Jul 2, 2020
Sold by
Mountainside One Llc
Bought by
Jwh Homes Inc
Seller's Agent
Matthew Lehman
Matthew Lehman Real Estate
Buyer's Agent
NON MLS MEMBER
Non-member
List Price
$1,385,000
Sold Price
$1,385,000
Current Estimated Value
$1,962,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$577,702
Avg. Annual Appreciation
7.61%
Original Mortgage
$1,108,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 13, 2020
Closed on
May 8, 2020
Sold by
Jwh Homes Inc
Bought by
Cox Brian P and Cox Michelle D
Seller's Agent
Matthew Lehman
Matthew Lehman Real Estate
Buyer's Agent
NON MLS MEMBER
Non-member
List Price
$1,385,000
Sold Price
$1,385,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,108,000
Interest Rate
2.8%
Mortgage Type
New Conventional
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
Jwh Homes Inc $550,000 Inyo Mono Title Company
Cox Brian P $1,385,000 Inyo Mono Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cox Brian P $1,108,000
Previous Owner Mountainside One Llc $1,090,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2020 09/17/20 Sold $1,415,000 0.0% $699 / Sq Ft
09/08/2020 09/08/20 Pending -- -- --
08/05/2020 08/05/20 For Sale $1,415,000 +2.2% $699 / Sq Ft
06/05/2020 06/05/20 Sold $1,385,000 0.0% $684 / Sq Ft
04/20/2020 04/20/20 Pending -- -- --
04/13/2020 04/13/20 For Sale $1,385,000 -- $684 / 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 $16,631 $1,440,953 $288,190 $1,152,763
2022 $16,417 $1,412,700 $282,540 $1,130,160
2021 $15,951 $1,385,000 $277,000 $1,108,000
2020 $13,338 $1,167,680 $128,680 $1,039,000
2019 $2,426 $208,734 $123,684 $85,050
2018 $1,502 $123,684 $123,684 $0
2017 $1,390 $121,259 $121,259 $0
Source: Public Records

Agents Affiliated with this Home

  • Matthew Lehman

    Seller's Agent in 2020

    Matthew Lehman

    Matthew Lehman Real Estate

    (760) 822-5845

    93 in this area

    109 Total Sales

    Section Image
  • Stephanie Cook

    Buyer's Agent in 2020

    Stephanie Cook

    Mammoth Realty Group, Inc.

    (760) 914-1500

    161 in this area

    171 Total Sales

    Section Image

  • N

    Buyer's Agent in 2020

    NON MLS MEMBER

    Non-member

See All Agents

Map

Source: Mammoth Lakes Board of REALTORS® MLS

MLS Number: 200846

Mammoth Lakes Board of REALTORS® MLS

APN: 031-197-001-000

California Mono County Mammoth Lakes 93546

413 Rainbow Ln Unit 1, Mammoth Lakes, CA

This home is located at 413 Rainbow Ln Unit 1, Mammoth Lakes, CA 93546 since 05 August 2020 and is currently estimated at $1,871,713, approximately $924 per square foot. This property was built in 2020. 413 Rainbow Ln Unit 1 is a home located in Mono County with nearby schools including Mammoth Elementary School, Mammoth Middle School, and Mammoth High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Mammoth Lakes Board of REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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