NOT LISTED FOR SALE

531 Joaquin Rd Unit 9 Mammoth Lakes, CA 93546

Estimated Value: $991,000 - $1,335,000

4 Beds
2 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold May 31, 2019

Last sale price $665,000

Est. 68% increase in value since last sale

Current estimated payment $6,626/month

Highlights

  • Living Room with Fireplace
  • Double Pane Windows
  • Ceiling Fan
  • Mammoth High School Rated A-
  • Laundry Room
  • Wood Siding

About This Home

As of May 2019

Updated/remodeled Duplex in town with 6 rentable garages that have lighting & storage lofts inside. Located near Sierra Star Golf Course. Incredible opportunity to own plus have rental income or as an investment property Front unit is a 3bdrm/one full bath w/huge deck and views of Mammoth Moutain & the back unit has a good sized deck. It is a 1bdrm/One full bath. Open floorplans in both units. Remodeled kitchens & baths with granite and corian countertops and newer vanities Carpet /laminate/tile flooring. Separate Laundry room with new W/D. Both units have propane stoves in living rooms for heat. Metal roof. Owner pays water, trash, snow removal & electric for the laundry room and the garages Steps to the free shuttle bus with Stops to skiing, town or the village in both summer & winter. Plenty of onsite parking beside the 6 garages. Room for an RV plus cars

Last Agent to Sell the Property

Debra Frolove

Berkshire Hathaway HomeServices California Prop License #01265783 Listed on: 03/19/2019

Berkshire Hathaway HomeServices California Prop

Last Buyer's Agent

NON MLS MEMBER

Non-member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,066

Year Built

  • Built in 1981

Lot Details

  • 7,405

Parking

  • 4 Car Garage

Home Design

  • Duplex
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Living Room with Fireplace

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Heating System Uses Propane
  • Propane
  • Electric Water Heater

Community Details

  • 2 Units
  • Sierra Valley Sites II Subdivision

Listing and Financial Details

  • Assessor Parcel Number 033-160-035-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,066

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY, MULTI-FAMILY
  • Type: Duplex, Duplex
  • Age: 38, 38
  • Year Built: 1981, 1981
  • Stories: 2, 2
  • FILLSUBDIVISION: Sierra Valley Sites II, Sierra Valley Sites II
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Garbage Disposal, Refrigerator, Elec. Range/Oven, Washer, Dryer, Dishwasher, Garbage Disposal, Refrigerator, Elec. Range/Oven, Washer, Dryer
  • Interior Amenities: Ceiling Fans, Ceiling Fans
  • Windows: Double Pane, Double Pane
  • Laundry: Room, Room
  • Fireplace: Gas Log, In Living Room, Gas Log, In Living Room
  • Price Per Sq Ft: 443.33, 443.33

Exterior Features

  • Ext Amenities: Paved Driveway, Paved Driveway
  • Exterior: Wood Siding, Wood Siding
  • Roof: Metal, Metal

Garage/Parking

  • Garage Capacity: Four +, Four +

Utilities

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

Lot Info

  • Lot Unit: 9, 9
  • Zoning: RMF-1, RMF-1
  • Geo Subdivision: CA, CA

Tax Info

  • Assessor Parcel Number: 033-160-035-000, 033-160-035-000
  • Taxes: 6065.76, 6065.76
  • Tax Year: 2018, 2018

Multi Family

  • Number Of Units: 2, 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2019
Closed on
May 6, 2019
Sold by
Wilcox R Stoddard Revocable Trust
Bought by
Hart David M
Seller's Agent
Debra Frolove
Berkshire Hathaway HomeServices California Prop
Buyer's Agent
NON MLS MEMBER
Non-member
List Price
$689,000
Sold Price
$665,000
Premium/Discount to List
-$24,000
-3.48%
Current Estimated Value
$1,117,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$452,080
Avg. Annual Appreciation
8.51%
Original Mortgage
$363,500
Outstanding Balance
$318,941
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$798,139

Purchase Details

Listed on
Mar 19, 2019
Closed on
Apr 25, 2019
Sold by
Drew F Stoddard Trust and Todd R Stoddard Trust
Bought by
Hart David M
Seller's Agent
Debra Frolove
Berkshire Hathaway HomeServices California Prop
Buyer's Agent
NON MLS MEMBER
Non-member
List Price
$689,000
Sold Price
$665,000
Premium/Discount to List
-$24,000
-3.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,500
Outstanding Balance
$318,941
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$798,139

Purchase Details

Closed on
Sep 14, 2018
Sold by
Massoni Michael S and Wilcox R Stoddard Revocable Tr
Bought by
Schorn Nicole Blair

Purchase Details

Closed on
Nov 1, 2017
Sold by
Massoni Michael S and The Blair K Stoddard Trust
Bought by
Massoni Michael S and The Todd R Stoddard Trust

Purchase Details

Listed on
Nov 4, 2015
Closed on
Nov 12, 2015
Sold by
Souza Nicholas G and Souza Christine T
Bought by
Massoni Michael S and Blair K Stoddard Trust Under T
Seller's Agent
Scott Kantor
Apollo Realty Company
List Price
$485,000
Sold Price
$485,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.88%

Purchase Details

Closed on
Feb 7, 2013
Sold by
Lopez Luis M and Lopez Lauri
Bought by
Souza Nicholas G and Souza Christine T

Purchase Details

Closed on
Oct 16, 2003
Sold by
Arnold William Bruce and The Arnold Family Trust
Bought by
Lopez Luis M and Lopez Lauri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5.94%
Mortgage Type
Seller Take Back
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
Hart David M $665,000 Inyo Mono Title
Hart David M $665,000 Inyo-Mono Title
Schorn Nicole Blair -- None Available
Massoni Michael S -- None Available
Massoni Michael S $485,000 Inyo Mono Title Company
Souza Nicholas G -- Accommodation
Lopez Luis M $525,000 Inyo Mono Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hart David M $363,500
Closed Hart David M $363,500
Previous Owner Lopez Luis M $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2019 05/31/19 Sold $665,000 -3.5% --
04/04/2019 04/04/19 Pending -- -- --
03/19/2019 03/19/19 For Sale $689,000 +42.1% --
12/14/2015 12/14/15 Sold $485,000 0.0% -- View Prior Sale
11/05/2015 11/05/15 Pending -- -- --
11/04/2015 11/04/15 For Sale $485,000 -- --
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
2024 $8,160 $723,990 $142,172 $581,818
2023 $8,160 $709,795 $139,385 $570,410
2022 $8,063 $695,878 $136,652 $559,226
2021 $7,838 $682,234 $133,973 $548,261
2020 $7,858 $675,240 $132,600 $542,640
2019 $6,014 $514,685 $95,508 $419,177
2018 $6,066 $504,594 $93,636 $410,958
2017 $5,611 $494,700 $91,800 $402,900
2016 $5,519 $485,000 $90,000 $395,000
2015 $4,051 $355,000 $120,000 $235,000
2014 $4,065 $355,000 $120,000 $235,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mammoth Lakes Board of REALTORS® MLS

MLS Number: 190164

Mammoth Lakes Board of REALTORS® MLS

APN: 033-160-035-000