NOT LISTED FOR SALE

Estimated Value: $3,445,000 - $4,127,000

0.54 Acre
$6,851,387 Price per Acre
23,522 Sq Ft Lot

Last Sold October 08, 2020

Last sale price $499,000

Est. 641% increase in value since last sale

Current estimated payment $23,179/month

98 Days on Market

Highlights

  • Golf Course Community
  • Panoramic View
  • Level Lot
  • Truckee Elementary School Rated A-

About This Lot

As of October 2020

Adjacent to the 17th green of the Lahontan golf course, this stunning home site is the ideal property for a mountain retreat. The bright orientation, level topography and large building envelope are key elements to an easy build project. Long range golf views and mountain vistas beyond highlight the gorgeous natural setting. The convenient central location is a short walk to the driving range and the community trail system. Preliminary house plans are available.

Last Agent to Sell the Property

Katie Tyler

Tahoe Mountain Realty License #01442453 Listed on: 05/18/2020

Last Buyer's Agent

Kim Kennedy

Martis Camp Realty, Inc. License #01747997

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $32,606

Lot Details

  • 0.54 Acre Lot
  • Level Lot

HOA Fees

  • $303 Monthly HOA Fees

Property Views

  • Panoramic
  • Mountain
  • Meadow

Additional Features

  • Design Review Required
  • Gas Available

Community Details

Overview

  • $400 HOA Transfer Fee
  • Martis Valley Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Golf Course Community

Property Details

Property Type

Land

Est. Annual Taxes

$32,606

Lot Details

0

HOA Fees

$303 per month

Listing Details

  • "Covenants: Y
  • Estimated Lot Size: .51-.755
  • Community: Martis Valley
  • Directions: Lahontan gate L on Lahontan Drive R on Dick Barter site is on L
  • Number of Acres: 0.54
  • Service Type: Full Service
  • Setting: GOLF
  • Sign: Y
  • SPCDISC: Architectural Review
  • Sub-Area: 7SO
  • Sub-Status: Standard
  • Topography: Level
  • Zoning: R
  • Access Type: Private
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Electric: At Property
  • Gas: At Property

Exterior Features

  • View: Panoramic, Mountain, Golf, Meadow

Condo/Co-op/Association

  • HOA: Y
  • HOA Fees: 910
  • HOA Fee Frequency: Q
  • HOA Membership Mandatory: Y
  • HOA Transfer Fee: 400

Lot Info

  • Lot Number: 273
  • Lot Dimensions: .54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2023
Sold by
Francis X Mohan X and Francis Sandra K
Bought by
Francis X Mohan Iii And Sandra K Mohan Family
Current Estimated Value
$3,699,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,485,000
Interest Rate
5.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 18, 2020
Closed on
Sep 28, 2020
Sold by
Wright Kenneth Mark and Wright Bridget
Bought by
Mohan Francis X and Mohan Sandra K
Seller's Agent
Katie Tyler
Tahoe Mountain Realty
Buyer's Agent
Kim Kennedy
Martis Camp Realty, Inc.
List Price
$375,000
Sold Price
$499,000
Premium/Discount to List
$124,000
33.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.07%

Purchase Details

Listed on
Oct 10, 2013
Closed on
Dec 16, 2014
Sold by
Diodati Richard and Diodati Martha
Bought by
Mbw Trust 1
Seller's Agent
Bill Whitehead
The Whitehead Group
Buyer's Agent
Yolanda Richmond
Better Homes and Gardens Real Estate Napolitano & Associates
List Price
$395,000
Sold Price
$335,000
Premium/Discount to List
-$60,000
-15.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%

Purchase Details

Closed on
Jan 3, 2011
Sold by
R & M Diodati Family Limited Partnership
Bought by
Diodati Richard and Diodati Martha

Purchase Details

Closed on
Jul 20, 2004
Sold by
Diodati Richard and Diodati Martha
Bought by
R & M Diodati Family Lp

Purchase Details

Closed on
Sep 25, 1998
Sold by
Lahontan Llc
Bought by
Diodati Richard and Diodati Martha D
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
Francis X Mohan Iii And Sandra K Mohan Family -- Old Republic Title
Mohan Francis X $499,000 Fidelity Natl Ttl Co Of Ca
Mbw Trust 1 $335,000 Placer Title Company
Diodati Richard -- None Available
R & M Diodati Family Lp -- --
Diodati Richard $395,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Francis X Mohan Iii And Sandra K Mohan Family $2,485,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2020 10/08/20 Sold $499,000 0.0% --
08/24/2020 08/24/20 Pending -- -- --
07/29/2020 07/29/20 Price Changed $499,000 -5.0% --
07/23/2020 07/23/20 Price Changed $525,000 -4.4% --
07/17/2020 07/17/20 Price Changed $549,000 -7.7% --
07/10/2020 07/10/20 Price Changed $595,000 +19.2% --
07/09/2020 07/09/20 Price Changed $499,000 +11.1% --
06/29/2020 06/29/20 Price Changed $449,000 +19.7% --
05/18/2020 05/18/20 For Sale $375,000 +11.9% --
12/26/2014 12/26/14 Sold $335,000 -15.2% --
11/26/2014 11/26/14 Pending -- -- --
10/10/2013 10/10/13 For Sale $395,000 -- --
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 $32,606 $2,804,560 $361,309 $2,443,251
2023 $32,606 $1,306,159 $519,159 $787,000
2022 $8,407 $742,980 $508,980 $234,000
2021 $5,429 $499,000 $499,000 $0
2020 $4,143 $368,142 $368,142 $0
2019 $4,173 $360,924 $360,924 $0
2018 $4,021 $353,848 $353,848 $0
2017 $3,962 $346,910 $346,910 $0
2016 $3,944 $340,108 $340,108 $0
2015 $3,854 $335,000 $335,000 $0
2014 $1,954 $167,219 $167,219 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20200930

Tahoe Sierra Board of REALTORS®

APN: 109-160-003