NOT LISTED FOR SALE

Estimated Value: $211,000 - $348,000

0.68 Acre
$412,703 Price per Acre
29,621 Sq Ft Lot

Last Sold January 08, 2024

Last sale price $260,000

Est. 8% increase in value since last sale

Current estimated payment $1,619/month

114 Days on Market

Highlights

  • View of Trees or Woods
  • 0.68 Acre Lot
  • Lot Sloped Up
  • Truckee Elementary School Rated A-

About This Lot

As of January 2024

SUBSTANTIAL PRICE REDUCTION ON THIS RARE FIND! This is an amazingly beautiful property in desirable Ponderosa Palisades. Build your dream home on over 1/2 of an acre! Gaze out at the filtered mountain views and the beautiful rock outcroppings to the north of the property. Plans and topo available! Enjoy the close proximity to historical downtown Truckee, bike trails, and the incredible trails at the 06 etc.. Northstar ski area is nearby too!

Last Agent to Sell the Property

Janie Sharp

COMPASS License #00769865 Listed on: 08/23/2023

COMPASS

Co-Listed By

Kristi Hood

COMPASS License #01443341

Last Buyer's Agent

Flannery Knapp

Tahoe Mountain Realty License #02176869

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,083

Lot Details

  • 0.68 Acre Lot
  • Lot Sloped Up

Property Views

  • Woods
  • Mountain

Utilities

  • Above Ground Utilities
  • Gas Available
  • Septic Needed
  • Phone Available
  • Cable TV Available

Community Details

  • Truckee Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,083

Lot Details

0

Listing Details

  • Estimated Lot Size: .51-.755
  • Community: Truckee
  • Directions: Rt @Palisades Dr, just past Pine Cone Dr on Left, Left of house #10827 Ponderosa Dr.
  • Financing Terms: Cash, Cash to a new loan
  • Number of Acres: 0.68
  • Service Type: Full Service
  • Setting: STREET
  • Sign: y
  • Sub-Area: 7SO
  • Sub-Status: Standard
  • Topography: Upslope, Gentle, Varies
  • Zoning: residential
  • Access Type: Public
  • Cross Street: Pine Cone Dr
  • Sewer: Septic Required
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Cable TV: Available
  • Electric: Available
  • Gas: Available
  • Phone: Available
  • Water: Utility District

Exterior Features

  • View: Filtered, Wooded, Mountain
  • Fenced: No

Utilities

  • Utilities at Street: Above Ground

Condo/Co-op/Association

  • HOA Fees: no HOA

Lot Info

  • Lot Number: 17
  • Lot Dimensions: see plot map

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2023
Closed on
Jan 4, 2024
Sold by
Malfitano Family Trust
Bought by
Pitassi Benjamin and Pitassi Jen
Seller's Agent
Janie Sharp
COMPASS
Buyer's Agent
Flannery Knapp
Tahoe Mountain Realty
List Price
$375,000
Sold Price
$260,000
Premium/Discount to List
-$115,000
-30.67%
Views
18
Current Estimated Value
$280,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,638
Avg. Annual Appreciation
4.80%

Purchase Details

Closed on
Jan 3, 2017
Sold by
Malfitano Michael J and Malfitano Penny
Bought by
Malfitano Michael J and Malfitano Penny S

Purchase Details

Closed on
Nov 29, 1999
Sold by
Burt Thomas R and Boblitt Brent
Bought by
Malfitano Michael J and Malfitano Penny

Purchase Details

Closed on
Jun 24, 1999
Sold by
Granucci Glenda
Bought by
Granucci Troy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,600
Interest Rate
7.05%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 22, 1999
Sold by
Deldelre Daycel and Delre Family Trust
Bought by
Burt Thomas R and Boblitt Brent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,600
Interest Rate
7.05%
Mortgage Type
Seller Take Back
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
Pitassi Benjamin $260,000 First American Title
Malfitano Michael J -- None Available
Malfitano Michael J $41,000 California Land Title Co
Granucci Troy J -- Fidelity National Title
Boblitt Brent -- Fidelity National Title
Burt Thomas R $32,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Malfitano Michael J $78,000
Previous Owner Burt Thomas R $25,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2024 01/08/24 Sold $260,000 -5.5% --
12/15/2023 12/15/23 Pending -- -- --
12/13/2023 12/13/23 Price Changed $275,000 -21.2% --
09/07/2023 09/07/23 Price Changed $349,000 -6.9% --
08/23/2023 08/23/23 For Sale $375,000 -- --
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 $1,083 $265,200 $265,200 --
2024 $1,084 $61,769 $61,769 --
2023 $1,084 $60,558 $60,558 $0
2022 $1,073 $59,371 $59,371 $0
2021 $877 $58,207 $58,207 $0
2020 $874 $57,611 $57,611 $0
2019 $879 $56,482 $56,482 $0
2018 $0 $55,375 $55,375 $0
2017 $700 $54,290 $54,290 $0
2016 $697 $53,226 $53,226 $0
2015 $683 $52,427 $52,427 $0
2014 -- $51,401 $51,401 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20231558

Tahoe Sierra Board of REALTORS®

APN: 019-290-003-000