NOT LISTED FOR SALE
Studio
-- Bath
5,996 Sq Ft
-- Built

Sale Details

Date Sold: April 29, 2022

Last sale price $300,000 $50 Per Sq Ft

About This Home

A unique investment opportunity in Mammoth Lakes Ca; 71 Davison St is a deed-restricted, 5-unit affordable housing project, with rents based on Mono County "Area Median Income" (AMI) guidelines. Plans for this 5-unit property are as follows: 4 two-bedroom/one-bathroom/938 sq ft units and 1 five-bedroom/three-bathroom/2,242 sq ft main house. This sale includes all approved building plans, and permits are already on file with the town of Mammoth Lakes. A contractor could start tomorrow! The lot plans include 5 parking spaces, room for a dumpster, and plentiful snow storage. The owner-developer has already completed asbestos removal and much of the demo work. Based on AMI guidelines, this project could potentially gross about $108,000 per year. Please call for more information.

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2022 04/29/22 Sold $300,000 +9.1% $50 / Sq Ft View Prior Sale
04/13/2022 04/13/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $275,000 -- $46 / Sq Ft

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 $15,778 $2,690,362 $265,302 $2,425,060
2024 $15,778 $1,412,120 $260,100 $1,152,020
2023 $15,778 $841,000 $255,000 $586,000
2022 $153 $13,396 $13,396 $0
2021 $149 $13,134 $13,134 $0
2020 $148 $13,000 $13,000 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

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