NOT LISTED FOR SALE
Studio
-- Bath
5,996 Sq Ft
1962 Built

Sale Details

Date Sold: April 29, 2022

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

5 Days on Market

Highlights

  • Fireplace
  • North Facing Home
  • 2-minute walk to The Woods
  • Mammoth High School Rated A-

About This Home

As of April 2022

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.

Last Agent to Sell the Property

Gillian Parrish

Pinnacle Real Estate Brokerage Phone: 760-709-0066 License #01944155 Listed on: 04/08/2022

Co-Listed By

Eric Leach

NextHome Mammoth Lakes Brokerage Phone: 760-709-0066 License #01343386

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • North Facing Home

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 3-Story Property
  • Fireplace

Community Details

  • 5 Units
  • 5,996 Sq Ft Building
  • Timber Ridge Estates III Subdivision

Listing and Financial Details

  • Tax Lot 11

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0 Sq Ft Lot

Listing Details

  • Year Built: 1962
  • Stories: 3
  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Lot Features: Other
  • Co List Office Mls Id: RPR
  • Co List Office Phone: 760-260-8500
  • Co List Office Mls Id: RPR
  • Subdivision Name: Timber Ridge Estates III
  • Has Fireplace?: Yes
  • Unit Levels: Three Or More
  • PropertySubTypeAdditional: Multi Family
  • Special Features: None

Interior Features

  • Appliances: See Remarks
  • Fireplace Features: Other, See Remarks
  • Interior Amenities: Other, See Remarks
  • Window Features: Other, See Remarks

Exterior Features

  • Roof: Composition
  • Construction Type: Frame
  • Direction Faces: North

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: None

Utilities

  • Heating: Other, See Remarks
  • Sewer: Public Sewer
  • Water Heater: Other,See Remarks
  • Utilities: Natural Gas Available
  • Laundry Features: Other, See Remarks
  • Water Source: Public

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Lot: 11
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/29/2022 04/29/22 Sold $300,000 +9.1% $50 / Sq Ft
04/13/2022 04/13/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $275,000 -- $46 / Sq Ft
Source: Mammoth Lakes Board of REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Agents Affiliated with this Home

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Map

Source: Mammoth Lakes Board of REALTORS® MLS

MLS Number: 220243

Mammoth Lakes Board of REALTORS® MLS
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