NOT LISTED FOR SALE

Estimated Value: $2,168,000 - $2,444,472

4 Beds
4 Baths
3,166 Sq Ft
$727/Sq Ft Est. Value

Last Sold May 04, 2016

Last sale price $1,270,000 $401 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $13,905/month

211 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Fireplace in Primary Bedroom
  • Glenshire Elementary School Rated A
  • Built in 2015 | Newly Remodeled
  • Wood Flooring

About This Home

As of May 2016

Blending mountain style with a hint of modern, this thoughtfully designed new construction home offers a beautiful getaway in desirable Gray's Crossing. This 4 bed, 4 bath retreat backs up to golf course delivering sunny views across the 13th hole. Enjoy the amenities of Gray's Crossing with the convenient local to Downtown Truckee.

Last Agent to Sell the Property

Tim Mehan

Tahoe Truckee Homes Inc License #00684481 Listed on: 09/04/2015

Last Buyer's Agent

Jack Bonnici

Tahoe Mountain Realty License #00474618

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • 0.5 Acre Lot
  • Level Lot

Home Design

  • Mountain Architecture
  • Composition Roof
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,166 Sq Ft Home
  • 2-Story Property
  • Mud Room
  • Family Room
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • 4 Bathrooms

Parking

  • 3 Car Attached Garage
  • Insulated Garage
  • Garage Door Opener

Utilities

  • Heating System Uses Natural Gas
  • Utility District

Community Details

Overview

  • Truckee Community

Recreation

  • Golf Course Community
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

Listing Details

  • Age: Brand New
  • Estimated Lot Size: .26 - .5
  • Community: Truckee
  • Directions: 89 North. second exit through roundabout on to Henness. Second House on right.
  • Number of Acres: 0.5
  • Service Type: Full Service
  • Setting: Golf
  • Sub-Area: 7NR
  • Sub-Status: Standard
  • Topography: Level
  • Year Built: 2015
  • Zoning: R-1
  • Other: Pantry, High Ceilings, Phone, Cable TV
  • Sewer: Utility District
  • Architecture: Mountain
  • Property Condition: New
  • Sign YN: Y
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Heating: Natural Gas, CFAH
  • Estimated Sq Ft: 3166
  • Stories: Two
  • Gas: Natural
  • Water: Utility District
  • Appliances: Range, Microwave, Disposal, Dishwasher, Refrigerator
  • Bonus Rooms: Family Room, Mud Room
  • Fireplace: Living Room, Master Bedroom, Gas Fireplace, Stone
  • Furnished: None
  • Bathrooms: 4
  • Bedrooms: 4
  • Floor Coverings: Carpet, Stone, Wood

Exterior Features

  • View: Golf
  • Foundation: Perim Concrete
  • Roof: Composition, Metal
  • Construction Phase: UNDER CONSTRUC.

Garage/Parking

  • Garage: Three
  • Garage/Parking: Attached, Insulated, Gar Door Opener, Oversized

Utilities

  • Laundry: Room

Condo/Co-op/Association

  • HOA Amenities: Pool, Exercise Equipment

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2015
Closed on
May 2, 2016
Sold by
Mehan Tim and Mehan Rakeshni
Bought by
Madigan Family Trust
Seller's Agent
Tim Mehan
Tahoe Truckee Homes Inc
Buyer's Agent
Jack Bonnici
Tahoe Mountain Realty
List Price
$1,359,000
Sold Price
$1,270,000
Premium/Discount to List
-$89,000
-6.55%
Current Estimated Value
$2,302,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,032,118
Avg. Annual Appreciation
6.30%
Original Mortgage
$1,000,000
Outstanding Balance
$797,364
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$1,504,754

Purchase Details

Closed on
Jan 4, 2014
Sold by
Ldk Gc 81 Llc
Bought by
Mehan Tim and Mehan Rakeshni

Purchase Details

Closed on
Sep 7, 2012
Sold by
Grays Station Llc
Bought by
Ldk Gc 81 Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
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 $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2016 05/04/16 Sold $1,270,000 -6.5% $401 / Sq Ft
04/02/2016 04/02/16 Pending -- -- --
09/04/2015 09/04/15 For Sale $1,359,000 -- $429 / Sq Ft
Source: Tahoe Sierra Board of REALTORS®

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: 20152574

Tahoe Sierra Board of REALTORS®

APN: 043-040-029-000