NOT LISTED FOR SALE

Estimated Value: $672,000 - $1,941,237

0.74 Acre
$1,537,242 Price per Acre
32,234 Sq Ft Lot

Last Sold August 24, 2020

Last sale price $585,000

Est. 94% increase in value since last sale

Current estimated payment $7,076/month

79 Days on Market

Highlights

  • Golf Course Community
  • Mountain View
  • Lot Sloped Up
  • Truckee Elementary School Rated A-

About This Lot

As of August 2020

Iconic golf course homesite on the 18th hole of the Tom Weiskopf Golf Course. This .74 acre homesite is located in close proximity to the rich amenities of Lahontan and on a quiet one way loop street. Anticipate views of the emerald green pristine golf course, Lookout Mountain, Lodge and east the Carson range. Mature trees, gentle slope and straightforward build envelope to build a spectacular family mountain estate. Homesite has been owned by same owner for 20 years.

Last Agent to Sell the Property

Mary Jo Johnson

Martis Camp Realty, Inc. License #01758959 Listed on: 05/12/2020

Last Buyer's Agent

Kim Kennedy

Martis Camp Realty, Inc. License #01747997

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,894

Lot Details

  • 0.74 Acre Lot
  • Lot Dimensions are 184x203x185x204
  • Lot Sloped Up
  • Property is zoned r1

HOA Fees

  • $303 Monthly HOA Fees

Utilities

  • Underground Utilities
  • Gas Available
  • Utility District
  • Cable TV Available

Additional Features

  • Mountain Views
  • Design Review Required

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

$6,894

Lot Details

0

HOA Fees

$303 per month

Listing Details

  • "Covenants: Y
  • Estimated Lot Size: .51-.755
  • Community: Martis Valley
  • Directions: Go thru gate then L on Lahontan Dr to Dick Barter then R site on R
  • Number of Acres: 0.74
  • Service Type: Full Service
  • Setting: GOLF
  • Sign: Y
  • SPCDISC: Architectural Review
  • Sub-Area: 7SO
  • Sub-Status: Standard
  • Topography: Upslope, Gentle
  • Zoning: r1
  • Sewer: Utility District
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Cable TV: At Property
  • Electric: At Property
  • Gas: At Property
  • Phone: At Property
  • Water: Utility District

Exterior Features

  • View: Peek, Mountain, Golf, Ski Resort

Utilities

  • Utilities at Street: Under Ground

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: 248
  • Lot Dimensions: 184x203x185x204

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2020
Closed on
Aug 19, 2020
Sold by
Lamb Partners Llc
Bought by
Bright Summit Llc
Seller's Agent
Mary Jo Johnson
Martis Camp Realty, Inc.
Buyer's Agent
Kim Kennedy
Martis Camp Realty, Inc.
List Price
$695,000
Sold Price
$585,000
Premium/Discount to List
-$110,000
-15.83%
Current Estimated Value
$1,137,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$552,559
Avg. Annual Appreciation
13.59%

Purchase Details

Closed on
Mar 16, 2009
Sold by
Flowers Kimberly
Bought by
Watters William K

Purchase Details

Closed on
Jan 22, 2009
Sold by
Watters William K and Flowers Kimberly
Bought by
Lamb Partners Llc

Purchase Details

Closed on
Dec 23, 2008
Sold by
Watters William K
Bought by
Lamb Partners Llc

Purchase Details

Closed on
Dec 27, 2007
Sold by
Lamb Partners Llc
Bought by
Watters William K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.21%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 15, 2000
Sold by
Olson and Molly
Bought by
Lamb Partners Llc
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
Bright Summit Llc $585,000 Fidelity Natl Ttl Co Of Ca
Watters William K -- Chicago Title Company
Lamb Partners Llc -- Accommodation
Lamb Partners Llc -- Accommodation
Watters William K -- First American Title Company
Lamb Partners Llc $975,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Watters William K $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2020 08/24/20 Sold $585,000 -6.4% --
07/30/2020 07/30/20 Pending -- -- --
07/14/2020 07/14/20 Price Changed $625,000 -10.1% --
05/12/2020 05/12/20 For Sale $695,000 -- --
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 $6,894 $633,222 $633,222 --
2023 $6,894 $600,000 $600,000 $0
2022 $6,798 $596,700 $596,700 $0
2021 $6,336 $585,000 $585,000 $0
2020 $4,487 $400,000 $400,000 $0
2019 $4,607 $400,000 $400,000 $0
2018 $4,198 $370,000 $370,000 $0
2017 $3,776 $330,000 $330,000 $0
2016 $3,664 $315,000 $315,000 $0
2015 $3,245 $280,000 $280,000 $0
2014 $2,902 $255,000 $255,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20200865

Tahoe Sierra Board of REALTORS®

APN: 109-170-003