NOT LISTED FOR SALE

638 Cottonwood Dr Bishop, CA 93514

Estimated Value: $562,000 - $627,738

4 Beds
2.5 Baths
2,118 Sq Ft
$281/Sq Ft Est. Value

Sale Details

Date Sold: August 30, 2024

Last sale price $585,000 $276 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,275 / mo

42 Days on Market

Highlights

  • Horse Property
  • 29.53 Acre Lot
  • Wood Burning Stove
  • City View
  • Deck
  • Property borders a national or state park

About This Home

As of August 2024

This unique property boasts nearly 30 acres with breathtaking panoramic views of the Owens Valley, White Mountains and Inyo Mountain Range. The property is bordered by public lands/DWP affording total privacy while being surrounded by nature. Property features 4 bedrooms and 2.5 bathrooms and designed to take advantage of winter sun and summer shade. Home can be easily divided into two separate living spaces. Take in the morning sunrise over the White Mountains and Owens Valley from your living area! The outside terracing offers ample options for patios, gardening, and native planting. Home also features a large workshop and extensive outdoor space for all of your projects. This property has countless possibilities awaiting!

Last Agent to Sell the Property

Curtis Amundson

Bishop Real Estate Rasmuson & Associates License #01967256 Listed on: 05/22/2024

Co-Listed By

Ross Corner

Bishop Real Estate Rasmuson & Associates License #01857809

Last Buyer's Agent

Randi Pritchard

Eastern Sierra Realty License #01279671

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1966

Lot Details

  • 29.53 Acre Lot
  • Property borders a national or state park
  • Year Round Access
  • Landscaped with Trees
  • Garden

Property Views

  • City
  • Mountain
  • Valley

Home Design

  • Slab Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,118 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Linoleum
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Horse Property
  • Deck
  • Separate Outdoor Workshop

Utilities

  • Evaporated cooling system
  • Pellet Stove burns compressed wood to generate heat
  • Baseboard Heating
  • Well
  • Septic Tank

Community Details

  • Wilkerson Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1966

Lot Details

29.53 Acres

Listing Details

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Reso Interior Features: Fixtures, Wood Burning Stove, Pellet Stove, Flooring- Carpet, Flooring- Linoleum, Flooring- Stone
  • Property Style: 2 story above ground
  • Property Sub-Type: Resale Home, SFB- Site Built
  • PropertyType: Single Family
  • Property Type: Single Family Building
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Dishwasher, Oven/Range
  • Basement: None
  • Total Bathrooms: 2.5
  • Listing Area: Wilkerson
  • Living Area: 2118
  • Stories: 2

Exterior Features

  • Exterior Construction: Wood
  • Exterior Features: Trees, View of Mountains, View of Valley, Work Shop, Horse Property, Access- All Year, Borders BLM, Garden Area, View of City, Deck(s)
  • Foundation: Slab on Grade
  • Roof Type: Metal

Utilities

  • Cooling: Evap Cooler
  • Heating: Baseboard, Pellet Stove, Wood Burn. Stove
  • Utilities: Water Source: Private Well, Septic: Has Tank, Power Source: City/Municipal

Lot Info

  • Lot Size: 29.53

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2024
Closed on
Jul 25, 2024
Sold by
Spencer Family 2008 Revocable Trust and Supanich Lisa Spencer
Bought by
Melidonian Arakel and Nelson-Melidonian Heather Rae
Seller's Agent
Curtis Amundson
Bishop Real Estate Rasmuson & Associates
Buyer's Agent
Randi Pritchard
Eastern Sierra Realty
List Price
$650,000
Sold Price
$585,000
Premium/Discount to List
-$65,000
-10%
Views
119
Current Estimated Value
$594,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,869
Avg. Annual Appreciation
1.03%
Original Mortgage
$526,500
Outstanding Balance
$519,941
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$74,928

Purchase Details

Closed on
Jul 7, 2008
Sold by
Spencer Charles L and Spencer Marin H
Bought by
Harmon Spencer Charles Lewis and Harmon Spencer Marin
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Melidonian Arakel $585,000 Inyo-Mono Title
Harmon Spencer Charles Lewis -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melidonian Arakel $526,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2024 08/30/24 Sold $585,000 -10.0% $276 / Sq Ft
07/03/2024 07/03/24 Pending -- -- --
06/28/2024 06/28/24 For Sale $650,000 0.0% $307 / Sq Ft
06/26/2024 06/26/24 Pending -- -- --
05/22/2024 05/22/24 For Sale $650,000 -- $307 / Sq Ft
Source: Inyo County MLS

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 $1,713 $585,000 $295,000 $290,000
2024 $1,713 $160,256 $68,246 $92,010
2023 $1,674 $157,114 $66,908 $90,206
2022 $1,638 $154,035 $65,597 $88,438
2021 $1,638 $151,015 $64,311 $86,704
2020 $1,584 $149,467 $63,652 $85,815
2019 $1,584 $146,537 $62,404 $84,133
2018 $1,549 $143,665 $61,181 $82,484
2017 $1,518 $140,849 $59,982 $80,867
2016 $1,500 $138,088 $58,806 $79,282
2015 $1,471 $136,015 $57,923 $78,092
2014 $1,441 $133,352 $56,789 $76,563
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Inyo County MLS

MLS Number: 2312639

APN: 013-230-01

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