$6,675,000
SOLD MAY 9, 2018
5 Beds
5.5 Baths
5,688 Sq Ft
1.6 Acres

Recently Sold

$1,174 Per Sq Ft

4% Below List Price

101 Days on Market

Highlights

  • Under Construction
  • Gated Community
  • 1.6 Acre Lot
  • Truckee Elementary School Rated A-
  • View of Trees or Woods
  • Multiple Fireplaces

About This Home

As of May 2018

Stunning KSA designed home, constructed by Glennwood, with privacy, beautiful views and borders open space. With a magnificent media room, golf simulator, game & theater room as well as a 4 sided glass elevator, truly a home to entertain all generations and family members. Furniture negotiable. 1% Conveyance fee and $10,000 Social Membership Fees apply Martiscamp.com

Last Agent to Sell the Property

Mark Murrell

Martis Camp Realty, Inc. License #01390661 Listed on: 11/17/2017

Last Buyer's Agent

Glenn Gill

Coldwell Banker Realty License #01968366

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $80,104

Year Built

  • Built in 2017 | Under Construction

Lot Details

  • 1.6 Acre Lot
  • Gentle Sloping Lot

HOA Fees

  • $333 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Woods
  • Mountain

Home Design

  • Mountain Architecture
  • Flat Roof Shape
  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 5,688 Sq Ft Home
  • 3-Story Property
  • Furniture Can Be Negotiated
  • Multiple Fireplaces
  • Mud Room
  • Great Room
  • Home Office
  • Recreation Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Heating System Uses Natural Gas
  • Utility District

Additional Features

  • Multiple Outdoor Decks
  • Design Review Required

Community Details

Overview

  • $350 HOA Transfer Fee
  • Martis Valley Community
  • Greenbelt

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$80,104

Year Built

Built in 2017 | Under Construction

Lot Details

0

HOA Fees

$333 per month

Listing Details

  • Age: Brand New
  • Estimated Lot Size: 1.51 - 2.50
  • Community: Martis Valley
  • Directions: Valhalla to Cairncroft lane (right), then left on Olana, the Home is 4th on the right
  • Number of Acres: 1.6
  • Service Type: Full Service
  • Setting: Greenbelt
  • SPCDISC: Architectural Review
  • Sub-Area: 7SO
  • Sub-Status: Standard
  • Topography: Gentle
  • Year Built: 2017
  • Zoning: R-1
  • Cross Street: Valhalla
  • Other: Pantry, Landscaping, Hot Tub, Air Conditioning
  • 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: 5688
  • Stories: Three
  • Water Company: NCSD
  • Gas: Natural
  • Water: Utility District
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Bonus Rooms: Great Room, Office, Rec Room, Mud Room
  • Fireplace: 2 or +
  • Furnished: Negotiable
  • Bathrooms: 5.5
  • Bedrooms: 5
  • Floor Coverings: Stone, Wood

Exterior Features

  • View: Wooded, Mountain, Ski Resort
  • Construction Exterior: Framed
  • Foundation: Slab
  • Roof: Metal, Flat
  • Decks: 2
  • Construction Phase: UNDER CONSTRUC.

Garage/Parking

  • Garage: Three
  • Garage/Parking: Attached

Utilities

  • Laundry: Room

Condo/Co-op/Association

  • HOA Fees: 1000
  • HOA Fee Frequency: Q
  • HOA Transfer Fee: 350
  • HOA Membership: Y

Fee Information

  • Private Transfer Fee Amount: 1%
  • Private Transfer Fee YN: Y

Lot Info

  • Lot Number: 74
  • Lot Dimensions: IRR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2017
Closed on
Apr 26, 2018
Sold by
Trotter David B and Trotter Mary K
Bought by
Kern Rsandell and Kern Laura
Seller's Agent
Mark Murrell
Martis Camp Realty, Inc.
Buyer's Agent
Glenn Gill
Coldwell Banker Realty
List Price
$6,950,000
Sold Price
$6,675,000
Premium/Discount to List
-$275,000
-3.96%
Total Days on Market
101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.21%
Original Mortgage
$5,340,000
Outstanding Balance
$4,537,725
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,018,985

Purchase Details

Listed on
May 2, 2015
Closed on
Jul 31, 2015
Sold by
Collins Jeffrey S
Bought by
Trotter David B and Trotter Mary K
Seller's Agent
Mary Jo Johnson
Martis Camp Realty, Inc.
Buyer's Agent
Mark Murrell
Martis Camp Realty, Inc.
List Price
$995,000
Sold Price
$995,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
99.80%

Purchase Details

Listed on
May 2, 2015
Closed on
Jun 22, 2015
Sold by
Collins Jeffrey Steven and Collins Melody Sue
Bought by
Collins Jeffrey Steven and Collins Melody Sue
Seller's Agent
Mary Jo Johnson
Martis Camp Realty, Inc.
Buyer's Agent
Mark Murrell
Martis Camp Realty, Inc.
List Price
$995,000
Sold Price
$995,000

Purchase Details

Closed on
May 9, 2013
Sold by
Gibson Grant G and Evans Kim B
Bought by
Collins Jeffrey S

Purchase Details

Closed on
Jul 17, 2012
Sold by
Gibson Grant G and Evans Kim B
Bought by
Gibson Grant G and Evans Kim B

Purchase Details

Closed on
Oct 9, 2006
Sold by
Dmb/Highlands Group Llc
Bought by
Gibson Grant G and Evans Kim B
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $6,675,000 Fidelity Natl Title
Grant Deed $995,000 Fidelity National Title Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $810,000 Fidelity Natl Title Co Of Ca
Interfamily Deed Transfer -- None Available
Grant Deed $787,500 Fidelity Natl Title Co Of Ca
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,340,000 Adjustable Rate Mortgage/ARM
Previous Owner $3,412,796 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2025 05/08/25 For Sale $9,495,000 +42.2% $1,676 / Sq Ft
05/09/2018 05/09/18 Sold $6,675,000 -4.0% $1,174 / Sq Ft
02/26/2018 02/26/18 Pending -- -- --
11/17/2017 11/17/17 For Sale $6,950,000 +598.5% $1,222 / Sq Ft
08/11/2015 08/11/15 Sold $995,000 0.0% $175 / Sq Ft
07/04/2015 07/04/15 Pending -- -- --
05/02/2015 05/02/15 For Sale $995,000 -- $175 / 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
2023 $80,104 $7,300,086 $1,859,197 $5,440,889
2022 $78,764 $7,156,948 $1,822,743 $5,334,205
2021 $75,509 $7,016,616 $1,787,003 $5,229,613
2020 $76,507 $6,944,670 $1,768,680 $5,175,990
2019 $77,042 $6,808,500 $1,734,000 $5,074,500
2018 $27,665 $2,435,198 $1,035,198 $1,400,000
2017 $13,224 $1,141,900 $1,014,900 $127,000
2016 $11,736 $995,000 $995,000 $0
2015 $9,797 $829,934 $829,934 $0
2014 -- $813,677 $813,677 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20180249

Tahoe Sierra Board of REALTORS®

APN: 106-030-015