NOT LISTED FOR SALE

440 Obsidian Place Unit 7 Mammoth Lakes, CA 93546

Estimated Value: $370,000 - $2,440,000

4 Beds
4.5 Baths
4,156 Sq Ft
$314/Sq Ft Est. Value

Last Sold December 10, 2020

Last sale price $1,900,000 $457 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $7,688/month

88 Days on Market

Highlights

  • On Golf Course
  • Gated Community
  • Clubhouse
  • Mammoth High School Rated A-
  • Heated Floors
  • Wooded Lot

About This Home

As of December 2020

Huge price reduction with 5 Black Passes for the first year! Turnkey luxury home great for partnership opportunity with rental opportunity. If you're looking to get away from it all but aren't quite ready to give up the lap of luxury, then this secluded home is for you. The most exclusive gated community right in the center of town and easy access to all the restaurants, entertainment and shopping. Right on the Fairway at Sierra Star Golf Course. Theater room, washer/dryer/ kitchenette, large bunkroom/full bath on lower level and hydronic heated throughout. Covered decks, built in barbecue, spa and hydronic heating in the outdoor entertaining areas. The clubhouse has indoor swimming pool, Jacuzzi, exercise center and kids center that no other residential neighborhood has to offer. The home is beautifully designed with fabulous interiors. The outside living space feels like the inside is all one unity. Elite Alliance is offered on this home which is an exchange program for owners at a select group of prestigious residence clubs and luxurious, professionally managed vacation homes. The simple exchange process transforms your real estate ownership into a key that unlocks the door to seamless travel adventures for additional ski trips and golf getaways parallel to Obsidian, beach escapes and much more at a growing array of coveted destinations.

Last Agent to Sell the Property

Stephanie Cook

Mammoth Realty Group, Inc. License #01160822 Listed on: 08/13/2020

Co-Listed By

Kathy Richardson

Mammoth Village Properties License #01292354

Last Buyer's Agent

Kathy Richardson

Mammoth Village Properties License #01292354

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,795

Year Built

  • Built in 2004

Lot Details

  • 3,049 Sq Ft Lot
  • On Golf Course
  • Cul-De-Sac
  • West Facing Home
  • Wooded Lot
  • Landscaped with Trees
  • Lawn

Parking

  • 2 Car Attached Garage

Home Design

  • Metal Roof

Interior Spaces

  • 4,156 Sq Ft Home
  • 3-Story Property
  • Partially Furnished
  • Vaulted Ceiling
  • Double Pane Windows
  • Drapes & Rods
  • Blinds
  • Game Room
  • Property Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4.5 Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting

Utilities

  • Hydronic Heating System
  • Propane Water Heater

Listing and Financial Details

  • Assessor Parcel Number 033-370-000

Community Details

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Additional Features

  • Tallus Subdivision
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,795

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: RESIDENTIAL, RESIDENTIAL
  • Type: Single Family, Single Family
  • Age: 16, 16
  • Orientation: West, West
  • Year Built: 2004, 2004
  • Stories: 3, 3
  • FILLSUBDIVISION: Tallus, Tallus
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Garbage Disposal, Microwave, Washer, Dryer, Dishwasher, Garbage Disposal, Microwave, Washer, Dryer
  • Furnished: Partial, Partial
  • Interior Amenities: Tile Floors, Carpet, Vaulted Ceilings, Heated Floors, Tile Floors, Carpet, Vaulted Ceilings, Heated Floors
  • Windows: Double Pane, Double Pane
  • Windows Treatments: Blinds, Drapes, Blinds, Drapes
  • Bedrooms: Four, Four
  • Bathrooms: 4.5, 4.5
  • Laundry Type: Lower Level, Lower Level
  • Other Room: Game Room, Game Room
  • Estimated Sq Ft: 4156, 4156
  • Price Per Sq Ft: 457.17, 457.17

Exterior Features

  • Landscaping: Trees, Outdoor Lighting, Lawn, Trees, Outdoor Lighting, Lawn
  • Ext Amenities: Paved Driveway, Paved Street, Paved Driveway, Paved Street
  • Exterior: Frame, Frame
  • Porch Patio: Porch Open, Porch Covered, Porch Open, Porch Covered
  • Roof: Metal, Metal

Garage/Parking

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

Utilities

  • Gas: Propane, Propane
  • Heating: Hydronic, Hydronic
  • Sewer: Public Sewer, Public Sewer
  • Water Heater: Propane, Propane
  • Water Supply: Public Water, Public Water

Condo/Co-op/Association

  • HOA Amenities: Pool, Hot Tub, Sauna, Club House, Pets Allowed, Gated, Pool, Hot Tub, Sauna, Club House, Pets Allowed, Gated
  • HOA: 4100, 4100

Lot Info

  • Lot Description: Cul-De-Sac, On Golf Course, Wooded Lot, View, Cul-De-Sac, On Golf Course, Wooded Lot, View
  • Lot Unit: 7, 7
  • Number Of Acres: 0.07, 0.07
  • Geo Subdivision: CA, CA

Tax Info

  • Assessor Parcel Number: 033-370-000, 033-370-000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2020
Closed on
Dec 9, 2020
Sold by
Obsidian Home 7 Llc
Bought by
Schakett Jack and Schakett Gwen
Seller's Agent
Stephanie Cook
Mammoth Realty Group, Inc.
Buyer's Agent
Kathy Richardson
Mammoth Village Properties
List Price
$2,750,000
Sold Price
$1,900,000
Premium/Discount to List
-$850,000
-30.91%
Total Days on Market
88
Current Estimated Value
$1,303,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$596,667
Avg. Annual Appreciation
-8.03%
Original Mortgage
$548,250
Outstanding Balance
$494,497
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$808,836

Purchase Details

Closed on
Jul 8, 2020
Sold by
Black Tusk Llc
Bought by
Obsidian Home 7 Llc
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
Schakett Jack $1,900,000 Inyo Mono Title Company
Obsidian Home 7 Llc -- Inyo Mono Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schakett Jack $548,250
Previous Owner Mammoth Spnngs Resorts Llc $450,000
Previous Owner Mammoth Springs Resorts Llc $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2020 12/10/20 Sold $1,900,000 -5.0% $457 / Sq Ft
11/09/2020 11/09/20 Pending -- -- --
10/28/2020 10/28/20 Price Changed $2,000,000 -27.3% $481 / Sq Ft
08/13/2020 08/13/20 For Sale $2,750,000 -- $662 / 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 $4,795 $329,456 $65,890 $263,566
2022 $4,730 $322,998 $64,599 $258,399
2021 $4,584 $316,666 $63,333 $253,333
2020 $3,780 $245,376 $31,800 $213,576
2019 $3,711 $240,566 $31,177 $209,389
2018 $3,729 $235,850 $30,566 $205,284
2017 $3,648 $231,226 $29,967 $201,259
2016 $3,586 $226,693 $29,380 $197,313
2015 $2,556 $146,901 $29,380 $117,521
2014 $3,740 $254,231 $35,862 $218,369
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mammoth Lakes Board of REALTORS® MLS

MLS Number: 200714

Mammoth Lakes Board of REALTORS® MLS

APN: 033-370-007-504