NOT LISTED FOR SALE

10948 Olana Dr Truckee, CA 96161

Estimated Value: $2,703,000 - $3,492,000

3.01 Acres
$1,045,910 Price per Acre
131,116 Sq Ft Lot

Last Sold January 03, 2022

Last sale price $3,150,000

Est. 1% increase in value since last sale

Current estimated payment $20,492/month

65 Days on Market

Highlights

  • Mountain View
  • Truckee Elementary School Rated A-
  • Lot Sloped Down

About This Lot

As of January 2022

STUNNING VIEWS FROM THIS 3 ACRE HOMESITE IN MARTIS CAMP! A beautiful place to take in the amazing colors from sunrise to sunset. You will be mesmerized with the Alpenglow over the Carson Range and the views towards NorthStar. This large parcel has towering mature pines, lots of sun and a park-like setting. This premier parcel starts on Olana and goes all the way to Valhalla. The perfect location for your dream mountain home!

Last Agent to Sell the Property

Janie Sharp

COMPASS License #00769865 Listed on: 10/15/2021

COMPASS

Co-Listed By

Kristi Hood

COMPASS License #01443341

Last Buyer's Agent

Jonas Mikals

Martis Camp Realty, Inc. License #01842455

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $35,193

Lot Details

  • 3.01 Acre Lot
  • Lot Dimensions are 298 x 528 x 241x 459
  • Lot Sloped Down

HOA Fees

  • $417 Monthly HOA Fees

Utilities

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

Additional Features

  • Mountain Views
  • Design Review Required

Community Details

  • $350 HOA Transfer Fee
  • Martis Valley Community
  • The community has rules related to covenants, conditions, and restrictions

Property Details

Property Type

Land

Est. Annual Taxes

$35,193

Lot Details

0

HOA Fees

$417 per month

Listing Details

  • "Covenants: y
  • Estimated Lot Size: 2.51-5.00
  • Community: Martis Valley
  • Directions: Schaffer Mill, Rt @Valhalla,R @Cairncroft Ln, L @ Olana- Home address on L: 10958 & Home @R is 10942
  • Number of Acres: 3.01
  • Service Type: Full Service
  • Setting: STREET
  • Sign: y
  • SPCDISC: Architectural Review
  • Sub-Area: 7SO
  • Sub-Status: Standard
  • Topography: Downslope, Gentle, Varies
  • Zoning: Residential
  • Access Roads: Paved
  • Access Type: Private
  • Cross Street: Caircroft Lame
  • 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: Mountain, Ski Resort

Utilities

  • Utilities at Street: Under Ground

Condo/Co-op/Association

  • HOA: y
  • HOA Fees: 1250
  • HOA Fee Frequency: quarter
  • HOA Membership Mandatory: y
  • HOA Transfer Fee: 350

Lot Info

  • Lot Number: 71
  • Lot Dimensions: 298 x 528 x 241x 459

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2021
Closed on
Dec 28, 2021
Sold by
Millar John G and Millar Gila C
Bought by
Rameker Victor and Rameker Allyson Sloan
Seller's Agent
Janie Sharp
COMPASS
Buyer's Agent
Jonas Mikals
Martis Camp Realty, Inc.
List Price
$3,495,000
Sold Price
$3,150,000
Premium/Discount to List
-$345,000
-9.87%
Current Estimated Value
$3,170,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,607
Avg. Annual Appreciation
-0.02%

Purchase Details

Closed on
Oct 7, 2011
Sold by
Freericks Charles J and Freericks Catherine M
Bought by
Millar John G and Millar Gila C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,900
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 16, 2006
Sold by
Dmb/Highlands Group Llc
Bought by
Freericks Charles J and Freericks Catherine M

Purchase Details

Closed on
Sep 9, 2006
Sold by
Freericks Charles J and Freericks Catherine M
Bought by
Freericks Charles J and Freericks Catherine M
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
Rameker Victor $3,150,000 Fidelity Natl Ttl Co Of Ca
Millar John G $720,000 Fidelity National Title Comp
Freericks Charles J $731,254 Fidelity Natl Title Co Of Ca
Freericks Charles J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Millar John G $499,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2022 01/03/22 Sold $3,150,000 -9.9% --
12/19/2021 12/19/21 Pending -- -- --
10/15/2021 10/15/21 For Sale $3,495,000 -- --
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 $35,193 $3,342,805 $3,342,805 --
2023 $35,193 $3,213,000 $3,213,000 $0
2022 $9,807 $852,195 $852,195 $0
2021 $9,543 $835,486 $835,486 $0
2020 $9,656 $826,920 $826,920 $0
2019 $9,710 $810,706 $810,706 $0
2018 $9,362 $794,810 $794,810 $0
2017 $9,215 $779,226 $779,226 $0
2016 $9,158 $763,948 $763,948 $0
2015 $8,940 $752,473 $752,473 $0
2014 $8,575 $737,734 $737,734 $0
Source: Public Records

Agents Affiliated with this Home

  • Janie Sharp

    Seller's Agent in 2022

    Janie Sharp

    COMPASS

    (530) 412-1400

    264 Total Sales

    Janie Sharp
    Section Image
  • Kristi Hood

    Seller Co-Listing Agent in 2022

    Kristi Hood

    COMPASS

    (530) 386-0688

    241 Total Sales

    Kristi Hood
    Section Image

  • J

    Buyer's Agent in 2022

    Jonas Mikals

    Martis Camp Realty, Inc.

See All Agents

Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20212579

Tahoe Sierra Board of REALTORS®

APN: 106-050-007

California Placer County Truckee 96161

10948 Olana Dr, Truckee, CA

This home is located at 10948 Olana Dr, Truckee, CA 96161 since 15 October 2021 and is currently estimated at $3,148,190. 10948 Olana Dr is a home located in Placer County with nearby schools including Truckee Elementary School, Alder Creek Middle School, and Tahoe Truckee High School.

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