NOT LISTED FOR SALE

Estimated Value: $6,686,000 - $7,156,000

4 Beds
4.5 Baths
3,725 Sq Ft
$1,876/Sq Ft Est. Value

Last Sold October 30, 2015

Last sale price $3,600,000 $966 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $40,660/month

521 Days on Market

Highlights

  • Newly Remodeled
  • Two Primary Bedrooms
  • 1.6 Acre Lot
  • Truckee Elementary School Rated A-
  • Gated Community
  • Fireplace in Primary Bedroom

About This Home

As of October 2015

Experience a perfect blend of indoor-outdoor living with this 4/4.5 modern Ryan Group/NSM Const. masterpiece set on a level estate lot with cul-de-sac privacy. The designers set out to deliver spaces with well-conceived & thoughtfully-detailed solutions for enhanced mountain living. The clean lines and expansive windows in this mountain modern home exemplifies those thoughts with 3800 sq/ft spread over 1.6 acres. 2 master suites, office, lookout lounge, outdoor living room w/fireplace - ready to entertain!

Last Agent to Sell the Property

Shane Jones

Tahoe Mountain Realty License #01890422 Listed on: 05/09/2014

Last Buyer's Agent

Melissa Long

Coldwell Banker Realty License #01240170

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,902

Year Built

  • Built in 2014 | Newly Remodeled

Lot Details

  • 1.6 Acre Lot
  • Level Lot

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Mountain Architecture

Interior Spaces

  • 3,725 Sq Ft Home
  • 2-Story Property
  • Mud Room
  • Living Room with Fireplace
  • Home Office
  • Recreation Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • 4.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Heating System Uses Natural Gas
  • Utility District

Community Details

Overview

  • Martis Valley Community

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,902

Year Built

Built in 2014 | Newly Remodeled

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Age: Brand New
  • Estimated Lot Size: 1.51 - 2.50
  • Community: Martis Valley
  • Directions: R on Olana, L on Valhalla, R on Almendral
  • Number of Acres: 1.6
  • Service Type: Full Service
  • Setting: Street
  • Sub-Area: 7SO
  • Sub-Status: Standard
  • Topography: Level
  • Year Built: 2014
  • Cross Street: Valhalla
  • Sewer: Utility District
  • Estimated Sq Ft: PLANS
  • Architecture: Mountain
  • Gated: To Subdivision
  • Property Condition: New
  • Sign YN: y
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Heating: Natural Gas
  • Estimated Sq Ft: 3725
  • Stories: Two
  • Water Company: PCWA
  • Gas: Natural
  • Water: Utility District
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Bonus Rooms: Office, Rec Room, Mud Room, 2 Or More Master Bedrooms
  • Fireplace: Living Room, Master Bedroom, Gas Fireplace
  • Furnished: None
  • Bathrooms: 4.5
  • Bedrooms: 4

Exterior Features

  • View: Peek, Ski Resort
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: Two
  • Garage/Parking: Attached

Utilities

  • Laundry: Room

Condo/Co-op/Association

  • HOA Fees: 750
  • HOA Fee Frequency: Q
  • HOA Transfer Fee: 1%
  • HOA Membership: Y

Lot Info

  • Lot Number: 120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2024
Sold by
Melinda A Dunn Trust and Dunn Melinda A
Bought by
Gary And Mandy Fields Family Trust and Fields
Current Estimated Value
$6,989,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Outstanding Balance
$3,946,609
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$3,043,033

Purchase Details

Listed on
May 9, 2014
Closed on
Oct 28, 2015
Sold by
Morandi David J and Morandi Brandi G
Bought by
Dunn Melinda A
Seller's Agent
Shane Jones
Tahoe Mountain Realty
Buyer's Agent
Melissa Long
Coldwell Banker Realty
List Price
$3,725,000
Sold Price
$3,600,000
Premium/Discount to List
-$125,000
-3.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.86%

Purchase Details

Closed on
Dec 5, 2014
Sold by
Morandi David J and Morandi Brandi G
Bought by
Morandi David J and Morandi Brandi G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,160,000
Interest Rate
2.83%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 13, 2013
Sold by
Dmb Highlands Group Llc
Bought by
Morandi David J and Morandi Brandi G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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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
Gary And Mandy Fields Family Trust $7,000,000 Fidelity National Title
Dunn Melinda A $3,600,000 Fidelity National Title Co
Morandi David J -- First American Title
Morandi David J $720,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gary And Mandy Fields Family Trust $4,000,000
Previous Owner Morandi David J $2,160,000
Previous Owner Morandi David J $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2015 10/30/15 Sold $3,600,000 -3.4% $966 / Sq Ft
10/12/2015 10/12/15 Pending -- -- --
05/09/2014 05/09/14 For Sale $3,725,000 -- $1,000 / 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 $45,902 $7,000,000 $2,500,000 $4,500,000
2023 $45,902 $4,122,952 $1,080,935 $3,042,017
2022 $45,062 $4,042,111 $1,059,741 $2,982,370
2021 $43,284 $3,962,855 $1,038,962 $2,923,893
2020 $43,831 $3,922,222 $1,028,309 $2,893,913
2019 $44,115 $3,845,317 $1,008,147 $2,837,170
2018 $42,270 $3,769,920 $988,380 $2,781,540
2017 $41,473 $3,684,000 $969,000 $2,715,000
2016 $41,114 $3,600,000 $950,000 $2,650,000
2015 $38,392 $3,387,718 $737,718 $2,650,000
2014 $15,658 $1,391,268 $723,268 $668,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20141149

Tahoe Sierra Board of REALTORS®

APN: 106-080-003