NOT LISTED FOR SALE

551 W Bush St Lone Pine, CA 93545

Estimated Value: $400,000 - $443,000

4 Beds
3 Baths
2,086 Sq Ft
$201/Sq Ft Est. Value

Last Sold May 13, 2020

Last sale price $299,000 $143 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,520/month

40 Days on Market

Highlights

  • Mountain View
  • Fireplace
  • Open Patio
  • Lone Pine High School Rated A-
  • 1 Car Attached Garage
  • Landscaped with Trees

About This Home

As of May 2020

Welcome to Lone Pine, the gateway to the Sierra! This charming property offers an historic home on over a third of an acre plus a cozy second home! The little sun room and architectural features of the main house such as arched doorways and bright picture windows will take your breath away. It has a basement too! The second home offers plenty of space with one bedroom and one bathroom plus a single car garage. The west end of town offers the perfect location for enjoying unparalleled views of Mt. Whitney and the Alabama Hills. Walk to town or bike and hike in the nearby hills. Once you hit Lone Pine and cozy up in this vacation or full time home with income potential, you may never want to leave. The second home currently rents for $700 per month and makes this investment choice very appealing. A must see and easy to show. Two houses are better than one!

Last Agent to Sell the Property

Julie Bayer

Bishop Real Estate Rasmuson & Associates License #01874964 Listed on: 01/06/2020

Last Buyer's Agent

Jake Wallace

NextHome Mammoth Lakes License #02075666

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,733

Year Built

  • Built in 1926

Lot Details

  • 0.36 Acre Lot
  • Partially Fenced Property
  • Sprinkler System
  • Landscaped with Trees

Parking

  • 1 Car Attached Garage

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 2,086 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace
  • Mountain Views
  • Crawl Space
  • Oven or Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Open Patio

Utilities

  • Propane
  • Public Hookup Available For Sewer

Community Details

  • Lone Pine Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,733

Year Built

Built in 1926

Lot Details

0

Parking

1

Listing Details

  • Full Bathrooms: 3
  • Reso Interior Features: Ceiling Fans, Fireplace, Flooring- Carpet, Flooring- Laminate
  • Property Style: 1 story above ground
  • Property Sub-Type: SFB- Site Built
  • PropertyType: Single Family
  • Property Type: Single Family Building
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Oven/Range
  • Total Bathrooms: 3
  • Listing Area: Lone Pine
  • Living Area: 2086

Exterior Features

  • Exterior Construction: Stucco
  • Exterior Features: Fenced- Partial, Landscape- Partial, Sprinklers- Automatic, Trees, View of Mountains, Patio- Uncovered
  • Foundation: Crawl Space
  • Roof Type: Composition

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 1

Utilities

  • Utilities: Water Source: City/Municipal, Sewer: Hooked-up, Propane: Hooked-up

Lot Info

  • Lot Size: 0.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2022
Sold by
Romero Rani
Bought by
Rocolo Living Trust and Romero
Current Estimated Value
$418,280

Purchase Details

Closed on
Feb 21, 2020
Sold by
Dickman Paige
Bought by
Romero Rani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,584
Interest Rate
3.3%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 6, 2019
Sold by
Dickman Paige and Dickman Don
Bought by
Dickman Paige

Purchase Details

Closed on
Jan 9, 2007
Sold by
Dickman Paige
Bought by
Dickman Don and Dickman Paige

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
6.12%
Mortgage Type
New Conventional
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
Rocolo Living Trust -- None Listed On Document
Romero Rani $299,000 Inyo-Mono Title
Dickman Paige -- Dickman Paige
Dickman Don -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Romero Rani $293,532
Previous Owner Romero Rani $293,584
Previous Owner Dickman Don $227,000
Previous Owner Dickman Paige $142,000
Previous Owner Dickman Paige $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2020 05/13/20 Sold $299,000 -9.1% $143 / Sq Ft
02/15/2020 02/15/20 Pending -- -- --
01/06/2020 01/06/20 For Sale $329,000 -- $158 / Sq Ft
Source: Inyo County 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
2025 $3,733 $326,994 $130,140 $196,854
2024 $3,733 $320,584 $127,589 $192,995
2023 $3,658 $314,299 $125,088 $189,211
2022 $3,790 $308,137 $122,636 $185,501
2021 $3,729 $302,096 $120,232 $181,864
2020 $2,532 $179,101 $61,993 $117,108
2019 $2,532 $175,590 $60,778 $114,812
2018 $2,497 $172,148 $59,587 $112,561
2017 $2,343 $168,773 $58,419 $110,354
2016 $2,309 $165,465 $57,274 $108,191
2015 $2,284 $162,980 $56,414 $106,566
2014 $2,152 $159,788 $55,309 $104,479
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Inyo County MLS

MLS Number: 2311225

APN: 005-081-10