NOT LISTED FOR SALE

Estimated Value: $2,106,000 - $2,848,652

1.6 Acres
$1,536,821 Price per Acre
69,696 Sq Ft Lot

Last Sold August 19, 2017

Last sale price $360,000 $105 Per Sq Ft

Est. 583% increase in value since last sale

Current estimated payment $14,820/month

32 Days on Market

About This Lot

As of August 2017

This is a rare building opportunity, and arguably the best lot in desirable Ponderosa Ranchos. 1.6 acre lot backing to Schaffer's Mill Golf Course with current option to buy into Schaffer's Mill membership for golf and/or pool and social element. Adjacent to USFS, this lot boasts mature landscaping for privacy, as well as an existing foundation and driveway. Zoned for horses, & minutes to Downtown Truckee and world-class skiing. Utilities are stubbed into the lot. Ready to build your dream home this summer!

Last Agent to Sell the Property

Maura Mack

Coldwell Banker Realty License #01296899 Listed on: 06/28/2017

Coldwell Banker Realty

Co-Listed By

Jason Mack

Coldwell Banker Realty License #01900297

Last Buyer's Agent

Maura Mack

Coldwell Banker Realty License #01296899 Listed on: 06/28/2017

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $18,259

Lot Details

  • 1.6 Acre Lot
  • Lot Dimensions are 225x310x225.310

HOA Fees

  • $3 Monthly HOA Fees

Community Details

  • Truckee Community
  • The community has rules related to covenants, conditions, and restrictions

Property Details

Property Type

Land

Est. Annual Taxes

$18,259

Lot Details

0

HOA Fees

$3 per month

Listing Details

  • "Covenants: Y
  • Estimated Lot Size: 1.51-2.50
  • Community: Truckee
  • Directions: From Downtown, L on Brockway, R on Palisades, R on Palisades, R on Thelin. Lot on Left.
  • Number of Acres: 1.6
  • Service Type: Full Service
  • Setting: STREET
  • Sign: Y
  • Sub-Area: 7SO
  • Sub-Status: Standard
  • Zoning: R
  • Special Features: None
  • Property Sub Type: LotsLands

Condo/Co-op/Association

  • HOA: Y
  • HOA Fees: $35
  • HOA Fee Frequency: year
  • HOA Membership Mandatory: Y

Lot Info

  • Lot Number: 9
  • Lot Dimensions: 225x310x225.310

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2017
Closed on
Aug 24, 2017
Sold by
Testa Michael Trent
Bought by
Friesen John Robert Maurice and Friesen Kimberly Ann
Seller's Agent
Maura Mack
Coldwell Banker Realty
Buyer's Agent
Maura Mack
Coldwell Banker Realty
List Price
$395,000
Sold Price
$360,000
Premium/Discount to List
-$35,000
-8.86%
Current Estimated Value
$2,458,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,098,913
Avg. Annual Appreciation
26.74%

Purchase Details

Closed on
Jul 8, 2004
Sold by
Testa Michael Trent
Bought by
Testa Michael Trent

Purchase Details

Closed on
Jul 27, 1999
Sold by
Taylor William F and Taylor Donna H
Bought by
Testa Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
7.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 1998
Sold by
Johnston Everett H
Bought by
Taylor Willim F and Taylor Donna H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
7.07%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 30, 1998
Sold by
Johnston Everett H and Johnston Mary C
Bought by
Johnston Everett H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
7.07%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 22, 1997
Sold by
Johnston Everett H and Johnston Mary C
Bought by
Johnston Everett H

Purchase Details

Closed on
May 5, 1997
Sold by
Hall Jeffrey A and Hall Leah M
Bought by
Johnston Everett H and Johnston Mary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 1994
Sold by
Dixie Dell Corp
Bought by
Hall Jeffrey A and Hall Leah 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
Friesen John Robert Maurice $360,000 First American Title Company
Testa Michael Trent -- --
Testa Michael $565,000 Placer Title Company
Taylor Willim F $460,000 Placer Title Company
Johnston Everett H -- First American Title Co
Johnston Everett H -- --
Johnston Everett H $450,000 California Land Title Co
Hall Jeffrey A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed John And Kimberly Friesen 2005 $2,000,000
Previous Owner Testa Michael Trent $193,000
Previous Owner Testa Michael $552,000
Previous Owner Testa Michael $553,000
Previous Owner Testa Michael $158,000
Previous Owner Testa Michael $175,000
Previous Owner Testa Michael $94,000
Previous Owner Testa Michael $440,000
Previous Owner Taylor William F $25,000
Previous Owner Taylor Willim F $368,000
Previous Owner Johnston Everett H $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2017 08/19/17 Sold $360,000 -8.9% $105 / Sq Ft
07/30/2017 07/30/17 Pending -- -- --
06/28/2017 06/28/17 For Sale $395,000 -- $115 / 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 $18,259 $1,708,533 $409,616 $1,298,917
2023 $18,259 $1,642,191 $393,711 $1,248,480
2022 $17,994 $1,609,992 $385,992 $1,224,000
2021 $17,049 $1,578,424 $378,424 $1,200,000
2020 $8,222 $724,544 $374,544 $350,000
2019 $4,765 $396,200 $367,200 $29,000
2018 $4,220 $360,000 $360,000 $0
2017 $1,801 $132,427 $132,427 $0
2016 $1,792 $129,831 $129,831 $0
2015 $1,755 $127,881 $127,881 $0
2014 $1,693 $125,376 $125,376 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20171596

Tahoe Sierra Board of REALTORS®

APN: 080-380-009