NOT LISTED FOR SALE

11924 Cavern Way Truckee, CA 96161

Estimated Value: $1,757,000 - $1,902,000

4 Beds
3.5 Baths
2,811 Sq Ft
$649/Sq Ft Est. Value

Last Sold November 03, 2016

Last sale price $950,000 $338 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $10,638/month

2 Days on Market

Highlights

  • View of Trees or Woods
  • Deck
  • Wood Flooring
  • Truckee Elementary School Rated A-
  • Living Room with Fireplace
  • Mountain Architecture

About This Home

As of November 2016

This majestic retreat combines rustic elegance in a perfect blend of stone, wood and metals. Custom designed on a beautiful wooded lot that backs to USFS land. Superior quality in construction and finishes throughout including Alder doors, trim & cabinetry, Sierra Antique rock work, hardwood floors, chef's kitchen with high-end appliances and granite slab counters + more. Enjoy the Tahoe seasons on the covered porch or sunny patio overlooking the forest. Truly a masterpiece in a neighborhood of fine homes!

Last Agent to Sell the Property

Dinny Evans

Dickson Realty License #01126819 Listed on: 09/20/2016

Co-Listed By

Megan Evans

Sierra Sotheby's Int - Rock License #01384362

Last Buyer's Agent

Anna Abarta

Sierra Sotheby's Int - Rock License #01947697

Sierra Sotheby's Int - Rock

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot
  • Property is zoned R1

HOA Fees

  • $85 Monthly HOA Fees

Property Views

  • Woods
  • Mountain

Home Design

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

Interior Spaces

  • 2,811 Sq Ft Home
  • 2-Story Property
  • Low Emissivity Windows
  • Great Room
  • Living Room with Fireplace
  • Loft
  • Alarm System

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Insulated Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • High-Efficiency Furnace
  • Heating System Uses Natural Gas
  • Utility District

Community Details

  • Truckee Community
  • Greenbelt

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

0

HOA Fees

$85 per month

Listing Details

  • Age: 5-10 Years
  • Alarm YN: Y
  • Estimated Lot Size: 0 - .255
  • Community: Truckee
  • Directions: Northwoods, L. on Lamplighter, R. on Cavern, House on corner
  • Number of Acres: 0.2
  • Service Type: Full Service
  • Setting: Greenbelt
  • Sub-Area: 9AJ
  • Sub-Status: Standard
  • Topography: Level
  • Year Built: 2008
  • Zoning: R1
  • Cross Street: Lamplighter
  • Other: High Ceilings, High Speed Internet
  • Sewer: Utility District
  • Estimated Sq Ft: BUILDING DEPARTMENT
  • Architecture: Mountain
  • Property Condition: Like New
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Handicap Friendly: Full Function Entry Level
  • Heating: Natural Gas, CFAH
  • Estimated Sq Ft: 2811
  • Stories: Two
  • Water Company: TDPUD
  • Gas: Natural
  • Water: Utility District
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Bonus Rooms: Loft, Great Room, Air Lock Entry
  • Fireplace: Living Room, Gas Fireplace
  • Furnished: None
  • Bathrooms: 3.5
  • Bedrooms: 4
  • Floor Coverings: Carpet, Stone, Tile, Wood

Exterior Features

  • View: Wooded, Mountain
  • Construction Exterior: Framed
  • Foundation: Perim Concrete
  • Roof: Composition, Metal
  • Decks: 1
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: Two
  • Garage/Parking: Attached, Insulated, Gar Door Opener

Utilities

  • Laundry: Room

Condo/Co-op/Association

  • HOA Fees: 85
  • HOA Fee Frequency: Month
  • HOA Membership: Y

Lot Info

  • Lot Number: 50

Green Features

  • Green Features: Composite Deck Material, High Efficiency Furnace, Low E Windows, Energy Star Appliances

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2023
Sold by
Schmidt Francis E and Schmidt Lucinda C
Bought by
Arenberg Family Trust and Arenberg
Current Estimated Value
$1,823,083

Purchase Details

Listed on
Sep 20, 2016
Closed on
Oct 26, 2016
Sold by
Denbeste California Properties Llc
Bought by
Schmidt Francis E and Woerner Lucinda C
Seller's Agent
Dinny Evans
Dickson Realty
Buyer's Agent
Anna Abarta
Sierra Sotheby's Int - Rock
List Price
$950,000
Sold Price
$950,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%
Original Mortgage
$550,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2008
Sold by
Denbeste William and Denbeste Lori
Bought by
Denbeste California Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 2008
Sold by
Stuart Robert B and Stuart Karen L
Bought by
Denbeste William and Denbeste Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Arenberg Family Trust $1,715,000 Fidelity National Title Compan
Schmidt Francis E $950,000 Placer Title Company
Denbeste California Properties Llc -- First American Title Company
Denbeste William $960,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schmidt Francis E $550,000
Previous Owner Denbeste William $720,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2016 11/03/16 Sold $950,000 0.0% $338 / Sq Ft
09/22/2016 09/22/16 Pending -- -- --
09/20/2016 09/20/16 For Sale $950,000 -- $338 / 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 $13,036 $1,749,300 $255,000 $1,494,300
2024 $12,947 $1,080,934 $147,916 $933,018
2023 $12,947 $1,059,740 $145,016 $914,724
2022 $12,635 $1,038,962 $142,173 $896,789
2021 $12,130 $1,018,591 $139,386 $879,205
2020 $12,059 $1,008,147 $137,957 $870,190
2019 $12,092 $988,380 $135,252 $853,128
2018 $0 $969,000 $132,600 $836,400
2017 $11,130 $950,000 $130,000 $820,000
2016 $11,052 $930,900 $72,900 $858,000
2015 $10,746 $912,500 $71,500 $841,000
2014 -- $837,600 $65,600 $772,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20162874

Tahoe Sierra Board of REALTORS®

APN: 018-031-039-000