NOT LISTED FOR SALE

Estimated Value: $3,258,000 - $3,801,000

4 Beds
4.5 Baths
3,660 Sq Ft
$964/Sq Ft Est. Value

Last Sold April 15, 2013

Last sale price $1,335,000 $365 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $21,485/month

256 Days on Market

Highlights

  • Gated Community
  • View of Trees or Woods
  • Wood Flooring
  • Truckee Elementary School Rated A-
  • Living Room with Fireplace
  • 1-minute walk to Martis Camp Park

About This Home

As of April 2013

A timeless Lake Tahoe Classic. 4 bedrooms, 4.5 baths, large loft, family room, and 2-car garage. A massive stone fireplace accentuates the great room. A traditional covered deck surrounds the lower level.

Last Agent to Sell the Property

Matt Gelso

Matt Gelso Real Estate License #00598842 Listed on: 07/01/2012

Last Buyer's Agent

Liza Killen

Tahoe Mountain Realty License #01731371

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,375

Year Built

  • Built in 2002

Lot Details

  • 0.6 Acre Lot
  • Cul-De-Sac
  • Level Lot

HOA Fees

  • $233 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Woods
  • Mountain
  • Meadow

Home Design

  • Composition Roof
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,660 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Loft
  • Laundry Room

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4.5 Bathrooms

Location

  • Design Review Required

Utilities

  • Heating System Uses Natural Gas
  • Utility District

Community Details

Overview

  • $325 HOA Transfer Fee
  • Martis Valley Community

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,375

Year Built

Built in 2002

Lot Details

0

HOA Fees

$233 per month

Listing Details

  • Age: 5-10 Years
  • Estimated Lot Size: .51 - .755
  • Community: Martis Valley
  • Directions: Lahontan Drive to Yank Clement
  • Number of Acres: 0.6
  • Service Type: Full Service
  • Setting: Street
  • SPCDISC: Architectural Review
  • Sub-Area: 7SO
  • Sub-Status: Standard
  • Topography: Level, Cul-de-sac
  • Year Built: 2002
  • Cross Street: Lahontan Drive
  • Other: Pantry, High Ceilings
  • Sewer: Utility District
  • Estimated Sq Ft: ASSESSOR
  • Architecture: Old Tahoe
  • Gated: To Subdivision
  • Property Condition: Like New
  • Sign YN: Y
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Heating: Natural Gas
  • Estimated Sq Ft: 3660
  • Stories: Two
  • Water Company: PCWA
  • Gas: Natural
  • Water: Utility District
  • Appliances: Range, Oven, Disposal, Dishwasher
  • Bonus Rooms: Loft, Family Room, Great Room
  • Fireplace: Living Room
  • Furnished: Partial
  • Bathrooms: 4.5
  • Bedrooms: 4
  • Floor Coverings: Carpet, Stone, Wood

Exterior Features

  • View: Wooded, Mountain, Meadow
  • Foundation: Perim Concrete
  • Roof: Composition, Metal
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: Two
  • Garage/Parking: Attached

Utilities

  • Laundry: Room

Condo/Co-op/Association

  • HOA Fees: 700
  • HOA Fee Frequency: Q
  • HOA Transfer Fee: 325.00
  • HOA Membership: Y

Lot Info

  • Lot Number: 240
  • Lot Dimensions: .60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2012
Closed on
May 3, 2013
Sold by
Simpson Carl and Simpson Beverly
Bought by
Nemser Eliza Sarah and Nemser Maggie Lehrer
Seller's Agent
Matt Gelso
Matt Gelso Real Estate
Buyer's Agent
Liza Killen
Tahoe Mountain Realty
List Price
$1,495,000
Sold Price
$1,335,000
Premium/Discount to List
-$160,000
-10.7%
Current Estimated Value
$3,529,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,194,500
Avg. Annual Appreciation
8.14%

Purchase Details

Listed on
Jul 1, 2012
Closed on
Apr 10, 2013
Sold by
Peterson Stuart and Peterson Gina
Bought by
Nemser Elisa Sarah and Nemser Maggie Lehrer
Seller's Agent
Matt Gelso
Matt Gelso Real Estate
Buyer's Agent
Liza Killen
Tahoe Mountain Realty
List Price
$1,495,000
Sold Price
$1,335,000
Premium/Discount to List
-$160,000
-10.7%

Purchase Details

Closed on
Feb 4, 2003
Sold by
The Sierra Group Inc
Bought by
Peterson Stuart and Peterson Gina

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%
Mortgage Type
Purchase Money Mortgage
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
Nemser Eliza Sarah $89,000 Fidelity National Title Co
Nemser Elisa Sarah $1,335,000 Fidelity National Title Comp
Nemser Eliza Sarah -- Fidelity National Title Comp
Nemser Maggie Lehrer -- Fidelity National Title Comp
Peterson Stuart $1,585,000 Fidelity Natl Title Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peterson Stuart $1,332,500
Previous Owner Peterson Stuart $450,000
Previous Owner Marshall Friedman & Company Inc $1,050,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2013 04/15/13 Sold $1,335,000 -10.7% $365 / Sq Ft
03/14/2013 03/14/13 Pending -- -- --
07/01/2012 07/01/12 For Sale $1,495,000 -- $408 / Sq Ft
Source: Tahoe Sierra Board of REALTORS®

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 $29,375 $2,639,685 $208,105 $2,431,580
2023 $29,375 $2,537,184 $200,025 $2,337,159
2022 $28,637 $2,487,436 $196,103 $2,291,333
2021 $27,276 $2,438,663 $192,258 $2,246,405
2020 $27,584 $2,413,658 $190,287 $2,223,371
2019 $27,735 $2,366,332 $186,556 $2,179,776
2018 $26,154 $2,319,935 $182,899 $2,137,036
2017 $25,725 $2,274,447 $179,313 $2,095,134
2016 $19,131 $1,652,891 $175,798 $1,477,093
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20121613

Tahoe Sierra Board of REALTORS®

APN: 108-160-019