NOT LISTED FOR SALE

Estimated Value: $1,498,485 - $1,968,000

3 Beds
2.5 Baths
2,022 Sq Ft
$856/mo HOA Fee

Last Sold October 16, 2020

Last sale price $1,200,000 $593 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $11,179/month

446 Days on Market

Highlights

  • Ski Accessible
  • Golf Course Community
  • Gated Community
  • Truckee Elementary School Rated A-
  • Fitness Center
  • Living Room with Fireplace

About This Home

As of October 2020

Fully furnished and with GREAT rental numbers! This home has the highest quality features and is the perfect retreat. Schaffer's Mill is in very high demand for long term, ski lease, & vacation rentals. There is an on-site property management company & a renter in place with great rental history available. Schaffer's Mill is a private community w/ an award winning Golf Course, top rated amenities at North Star, boat access on Lake Tahoe, a private clubhouse w/ exercise facility and the new Sawyer Restaurant

Last Agent to Sell the Property

Eric Navarro

COMPASS License #01942526 Listed on: 05/29/2019

COMPASS

Co-Listed By

Stefani Botticelli

Tahoe Properties Group License #01981404

Last Buyer's Agent

Eric Navarro

COMPASS License #01942526 Listed on: 05/29/2019

COMPASS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,958

Year Built

  • Built in 2014

Lot Details

  • 5,576

HOA Fees

  • $856 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Mountain Architecture
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 2,022 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Living Room with Fireplace

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Heating System Uses Natural Gas
  • Utility District

Community Details

Overview

  • Martis Valley Community

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Ski Accessible

Additional Features

  • Common Area
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,958

Year Built

Built in 2014

Lot Details

0

HOA Fees

$856 per month

Listing Details

  • Age: 1-5 Years
  • Estimated Lot Size: 0 - .255
  • Community: Martis Valley
  • Service Type: Full Service
  • Setting: Common Area
  • Sub-Area: 7SO
  • Sub-Status: Standard
  • Topography: Level, Gentle
  • Year Built: 2014
  • Other: Pantry
  • Sewer: Utility District
  • Estimated Sq Ft: ASSESSOR
  • Architecture: Mountain
  • Gated: To Subdivision
  • Property Condition: Like New
  • Sign YN: Y
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Heating: Natural Gas
  • Estimated Sq Ft: 2022
  • Stories: Two
  • Gas: Natural
  • Water: Utility District
  • Appliances: Range, Oven, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Fireplace: Living Room
  • Furnished: Mostly
  • Bathrooms: 2.5
  • Bedrooms: 3
  • Wood Stove: None
  • Floor Coverings: Carpet, Wood, Tile

Exterior Features

  • View: Golf
  • Construction Exterior: Masonry, Wooded
  • Foundation: Slab
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: Two
  • Garage/Parking: Attached

Utilities

  • Laundry: Room

Condo/Co-op/Association

  • HOA Amenities: Pool, Tennis Courts, Golf, Cross Country Skiing, Exercise Equipment, Other/See Remarks
  • HOA Fees: 856
  • HOA Fee Frequency: Month
  • HOA Transfer Fee: Y
  • HOA Membership: Y

Fee Information

  • Private Transfer Fee Amount: .5%
  • Private Transfer Fee YN: Y

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2019
Closed on
Oct 15, 2020
Sold by
Vaz Brothers Inc
Bought by
Tang Andrew J and Lopez Emily S
Seller's Agent
Eric Navarro
COMPASS
Buyer's Agent
Eric Navarro
COMPASS
List Price
$1,250,000
Sold Price
$1,200,000
Premium/Discount to List
-$50,000
-4%
Current Estimated Value
$1,657,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$457,699
Avg. Annual Appreciation
7.19%
Original Mortgage
$815,500
Outstanding Balance
$730,244
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$945,911

Purchase Details

Closed on
Oct 21, 2014
Sold by
Schaffers Mill Builders Llc
Bought by
Vaz Brothers Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Interest Rate
4.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 12, 2013
Sold by
New Martis Partners Llc
Bought by
Schaffers Mill Builders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000,000
Interest Rate
3.6%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Tang Andrew J $1,200,000 Old Republic Title Company
Vaz Brothers Inc $955,500 Old Republic Title Company
Schaffers Mill Builders Llc $9,091 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tang Andrew J $815,500
Previous Owner Vaz Brothers Inc $712,500
Previous Owner Schaffers Mill Builders Llc $35,000,000
Previous Owner New Martis Partners Llc $6,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $1,200,000 0.0% $593 / Sq Ft
08/17/2020 08/17/20 Pending -- -- --
11/29/2019 11/29/19 Off Market $1,200,000 -- --
05/29/2019 05/29/19 For Sale $1,250,000 -- $618 / 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 $14,958 $1,298,917 $432,972 $865,945
2023 $14,958 $1,248,480 $416,160 $832,320
2022 $14,570 $1,224,000 $408,000 $816,000
2021 $14,128 $1,200,000 $400,000 $800,000
2020 $12,778 $1,050,030 $302,205 $747,825
2019 $12,825 $1,029,442 $296,280 $733,162
2018 $12,063 $1,009,258 $290,471 $718,787
2017 $11,858 $989,470 $284,776 $704,694
2016 $11,770 $970,070 $279,193 $690,877
2015 $11,494 $955,500 $275,000 $680,500
2014 $1,599 $91,707 $62,707 $29,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20191781

Tahoe Sierra Board of REALTORS®

APN: 107-040-057