NOT LISTED FOR SALE

11281 Wolverine Cir Truckee, CA 96161

Estimated Value: $706,000 - $848,000

3 Beds
2.5 Baths
1,450 Sq Ft
$50/mo HOA Fee

Last Sold February 10, 2020

Last sale price $549,000 $379 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,958/month

30 Days on Market

Highlights

  • Under Construction
  • Living Room with Fireplace
  • Modern Architecture
  • Glenshire Elementary School Rated A
  • Wood Flooring
  • 1 Car Attached Garage

About This Home

As of February 2020

Welcome to "The Lofts" at Spring Creek! SHORT TERM RENTALS ARE NOW ALLOWED! Contemporary designed townhouses, close to everything that Truckee has to offer! Wood floors, designer finishes, custom cabinets, and open floor plan with gas fireplace. Situated 1.1 miles from Historic Downtown and a few hundred yards to the Truckee Community Recreation Center with the new Aquatic Center, this location is very convenient and accommodating. These Brand New units are going fast!

Last Agent to Sell the Property

Val Videgain

Coldwell Banker Realty License #01494833 Listed on: 11/15/2019

Coldwell Banker Realty

Last Buyer's Agent

Mark Lowenstern

COMPASS License #01963194

COMPASS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,840

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • 2,178

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Modern Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,450 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Laundry in Hall

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Utility District

Community Details

  • Truckee Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,840

Year Built

Built in 2019 | Under Construction

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Age: Brand New
  • Estimated Lot Size: 0 - .255
  • Community: Truckee
  • Directions: 89 N, L alder, R Comstock, L Saddleback, R Wolverine, House on Left.
  • Service Type: Full Service
  • Setting: Street
  • Sub-Area: 7NR
  • Sub-Status: Standard
  • Topography: Level
  • Year Built: 2019
  • Cross Street: Saddleback
  • Sewer: Utility District
  • Estimated Sq Ft: PLANS
  • Architecture: Modern
  • Gated: No
  • Out Buildings: No
  • Property Condition: New
  • Sign YN: Y
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Heating: Natural Gas, CFAH
  • Estimated Sq Ft: 1450
  • Stories: Two
  • Water Company: PUD
  • Gas: Natural
  • Water: Utility District
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator
  • Fireplace: Living Room
  • Furnished: None
  • Bathrooms: 2.5
  • Bedrooms: 3
  • Floor Coverings: Carpet, Tile, Wood

Exterior Features

  • Construction Exterior: Framed
  • Foundation: Perim Concrete
  • Roof: Composition
  • Decks: None
  • Construction Phase: UNDER CONSTRUC.

Garage/Parking

  • Garage: One
  • Garage/Parking: Attached

Utilities

  • Laundry: Hall

Condo/Co-op/Association

  • HOA Fees: 50
  • HOA Fee Frequency: Month
  • HOA Membership: Y

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2019
Closed on
Feb 12, 2020
Sold by
Daniel Fraiman Construction Inc
Bought by
Morehouse David
Seller's Agent
Val Videgain
Coldwell Banker Realty
Buyer's Agent
Mark Lowenstern
COMPASS
List Price
$549,000
Sold Price
$549,000
Current Estimated Value
$799,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,330
Avg. Annual Appreciation
6.88%
Original Mortgage
$350,000
Outstanding Balance
$310,604
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$488,726

Purchase Details

Closed on
Nov 2, 2018
Sold by
Truckee 47 Llc
Bought by
Daniel Fraiman Construction

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,500
Interest Rate
4.7%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 11, 2018
Sold by
Investor Arts Llc
Bought by
Truckee 47 Llc

Purchase Details

Closed on
Jan 10, 2018
Sold by
Sperry Kirk
Bought by
Investor Arts Llc

Purchase Details

Closed on
Aug 10, 2016
Sold by
Spring Creek 47 Llc
Bought by
Sperry Kirk

Purchase Details

Closed on
Sep 9, 2013
Sold by
Spring Creek Truckee Llc
Bought by
Spring Creek 47 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
4.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2005
Sold by
Gales Robert T
Bought by
Spring Creek Truckee Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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
Morehouse David $549,000 Orange Coast Ttl Co Of Nocal
Daniel Fraiman Construction $145,000 Orange Coast Title Co Of Nor
Truckee 47 Llc -- Orange Coast Title Co Of Nor
Investor Arts Llc -- Fidelity Natl Title Co Inc
Sperry Kirk -- Accommodation
Spring Creek 47 Llc $2,900,000 First American Title Company
Spring Creek Truckee Llc $2,800,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morehouse David $350,000
Previous Owner Daniel Fraiman Construction $682,500
Previous Owner Spring Creek 47 Llc $1,900,000
Previous Owner Spring Creek Truckee Llc $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2020 02/10/20 Sold $549,000 0.0% $379 / Sq Ft
12/15/2019 12/15/19 Pending -- -- --
11/15/2019 11/15/19 For Sale $549,000 -- $379 / 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 $7,840 $600,408 $109,363 $491,045
2024 $7,746 $588,636 $107,219 $481,417
2023 $7,746 $577,095 $105,117 $471,978
2022 $7,516 $565,780 $103,056 $462,724
2021 $7,146 $554,687 $101,036 $453,651
2020 $5,343 $386,950 $86,950 $300,000
2019 $967 $72,500 $72,500 $0
2018 $0 $22,950 $22,950 $0
2017 $395 $22,500 $22,500 $0
2016 $726 $51,776 $51,776 $0
2015 $712 $50,999 $50,999 $0
2014 -- $50,000 $50,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20193019

Tahoe Sierra Board of REALTORS®

APN: 019-980-054-000