NOT LISTED FOR SALE

11622 Henness Rd Unit M52 Truckee, CA 96161

Gray's Crossing Neighborhood

Estimated Value: $2,289,000 - $2,640,408

0.49 Acre
$5,146,637 Price per Acre
21,344 Sq Ft Lot

Last Sold January 07, 2014

Last sale price $110,000

Est. 2,193% increase in value since last sale

Current estimated payment $15,937/month

36 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Level Lot
  • Glenshire Elementary School Rated A
  • Community Pool

About This Lot

As of January 2014

Level homesite in the sunny Meadows on the 14th fairway of the golf course. Big deep envelope to set the house back with great course and pond features/views across to the 13 hole. Close proximity to downtown Truckee and Tahoe ski areas. Access to private fitness center/pool is included in the monthly HOA fees.

Last Agent to Sell the Property

Shane Jones

Tahoe Mountain Realty License #01890422 Listed on: 10/31/2013

Last Buyer's Agent

Tim Mehan

Tahoe Truckee Homes Inc License #00684481

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $23,127

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 114x174x113x225
  • Level Lot

HOA Fees

  • $82 Monthly HOA Fees

Utilities

  • Underground Utilities
  • Gas Available
  • Utility District

Community Details

Overview

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

Recreation

  • Golf Course Community
  • Fitness Center
  • Community Pool

Property Details

Property Type

Land

Est. Annual Taxes

$23,127

Lot Details

0

HOA Fees

$82 per month

Listing Details

  • "Covenants: Y
  • Estimated Lot Size: .26-.5
  • Community: Truckee
  • Directions: 89N to R on Henness, on R side
  • Number of Acres: 0.49
  • Service Type: Full Service
  • Setting: GOLF
  • Sub-Area: 7NR
  • Sub-Status: Standard
  • Topography: Level
  • Zoning: R
  • Access Type: Public
  • Corners: Marked
  • Phase Name: Meadows
  • Sewer: Utility District
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Electric: At Property
  • Gas: At Property
  • Water: Utility District

Exterior Features

  • View: Golf

Utilities

  • Utilities at Street: Under Ground

Condo/Co-op/Association

  • HOA: Y
  • HOA Amenities: POOL, GOLF, EXERCISE EQUIPMENT
  • HOA Fees: $81.67
  • HOA Fee Frequency: M
  • HOA Membership Mandatory: Y
  • HOA Transfer Fee: 1%

Fee Information

  • Mello Roos Fees: Y

Lot Info

  • Lot Number: M52
  • Lot Dimensions: 114x174x113x225

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2016
Sold by
Mehan Tim and Mehan Rakeshni
Bought by
Madigan Family Trust
Current Estimated Value
$2,521,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$801,630
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$1,751,800

Purchase Details

Listed on
Oct 31, 2013
Closed on
Jan 4, 2014
Sold by
Ldk Gc 81 Llc
Bought by
Mehan Tim and Mehan Rakeshni
Seller's Agent
Shane Jones
Tahoe Mountain Realty
Buyer's Agent
Tim Mehan
Tahoe Truckee Homes Inc
List Price
$120,000
Sold Price
$110,000
Premium/Discount to List
-$10,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.17%

Purchase Details

Closed on
Sep 7, 2012
Sold by
Grays Station Llc
Bought by
Ldk Gc 81 Llc
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
Madigan Family Trust $1,270,000 Fidelity National Title Co
Mehan Tim $110,000 Placer Title Company
Ldk Gc 81 Llc $9,546,372 Servicelink
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madigan Family Trust $400,000
Closed Madigan Michael E $250,000
Closed Madigan Michael E $150,000
Open Madigan Family Trust $1,000,000
Closed Madigan Michaell E $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2014 01/07/14 Sold $110,000 -8.3% --
12/06/2013 12/06/13 Pending -- -- --
10/31/2013 10/31/13 For Sale $120,000 -- --
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 $23,127 $1,503,417 $183,486 $1,319,931
2024 $22,926 $1,473,939 $179,889 $1,294,050
2023 $22,926 $1,445,039 $176,362 $1,268,677
2022 $22,436 $1,416,705 $172,904 $1,243,801
2021 $21,710 $1,388,927 $169,514 $1,219,413
2020 $21,513 $1,374,686 $167,776 $1,206,910
2019 $21,469 $1,347,733 $164,487 $1,183,246
2018 $0 $1,321,308 $161,262 $1,160,046
2017 $20,101 $1,295,400 $158,100 $1,137,300
2016 $16,125 $930,908 $133,908 $797,000
2015 $8,962 $317,197 $132,197 $185,000
2014 -- $75,340 $75,340 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20132782

Tahoe Sierra Board of REALTORS®

APN: 043-040-029-000