NOT LISTED FOR SALE

12038 Cavern Way Truckee, CA 96161

Estimated Value: $1,038,000 - $1,431,000

3 Beds
2.5 Baths
2,114 Sq Ft
$611/Sq Ft Est. Value

Last Sold November 19, 2019

Last sale price $879,000 $416 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $8,276/month

257 Days on Market

Highlights

  • Under Construction
  • View of Trees or Woods
  • Living Room with Fireplace
  • Truckee Elementary School Rated A-
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of November 2019

Stunning new home design at Donner Crest, a private mountain community adjacent to Tahoe Donner. Mountain architecture offering smart and efficient design with one-level living, main floor master suite, and quality craftsmanship throughout. This outstanding 3 bedroom, 2.5 bath mountain style home offers great street appeal and features walls of windows to capture an abundance of natural light and magnificent outdoor setting among the pines.

Last Listed By

Kristine Mitchell

Sierra Sotheby's Int - Rock License #00892352 Listed on: 05/14/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,484

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Sloped Up

HOA Fees

  • $90 Monthly HOA Fees

Property Views

  • Woods
  • Mountain

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,114 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Laundry in Hall

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

  • Heating System Uses Natural Gas
  • Utility District

Additional Features

  • Multiple Outdoor Decks
  • Design Review Required

Community Details

  • Truckee Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,484

Year Built

Built in 2019 | Under Construction

Lot Details

0

HOA Fees

$90 per month

Listing Details

  • Age: Brand New
  • Estimated Lot Size: 0 - .255
  • Community: Truckee
  • Directions: Northwoods Blvd, left on Lamplighter, then right on Cavern Way, home on left.
  • Number of Acres: 0.18999
  • Service Type: Full Service
  • Setting: Street
  • SPCDISC: Architectural Review
  • Sub-Area: 9AJ
  • Sub-Status: Standard
  • Topography: Upslope
  • Year Built: 2019
  • Zoning: SFR
  • Cross Street: Lamplighter
  • Other: High Ceilings
  • Sewer: Utility District
  • Estimated Sq Ft: PLANS
  • Architecture: Contemporary
  • Property Condition: New
  • Sign YN: Y
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Heating: Natural Gas, CFAH
  • Estimated Sq Ft: 2114
  • Stories: Two
  • Water Company: TDPUD
  • Gas: Natural
  • Water: Utility District
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher
  • Fireplace: Living Room, Stone
  • Furnished: None
  • Bathrooms: 2.5
  • Bedrooms: 3
  • Floor Coverings: Carpet, Stone, Tile, Wood

Exterior Features

  • View: Wooded, Mountain
  • Construction Exterior: Framed, Wooded
  • Foundation: Perim Concrete
  • Roof: Composition
  • Decks: 2
  • Construction Phase: UNDER CONSTRUC.

Garage/Parking

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

Utilities

  • Laundry: Hall

Condo/Co-op/Association

  • HOA Fees: 90
  • HOA Fee Frequency: M
  • HOA Membership: Y

Lot Info

  • Lot Number: 58

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2018
Closed on
Nov 15, 2019
Sold by
Dcl Llc
Bought by
Mcmillen Kevin and Casemore Amanda
Seller's Agent
Kristine Mitchell
Sierra Sotheby's Int - Rock
Buyer's Agent
Breck Overall
Sierra Sotheby's Int - Rock
List Price
$879,000
Sold Price
$879,000
Total Days on Market
257
Current Estimated Value
$1,291,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$412,584
Avg. Annual Appreciation
7.22%
Original Mortgage
$590,000
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 20, 2016
Closed on
Jul 13, 2016
Sold by
Donner Crest Llc
Bought by
Dcl Llc
Seller's Agent
Lisa Davis
Coldwell Banker Realty
Buyer's Agent
Lisa Davis
Coldwell Banker Realty
List Price
$119,900
Sold Price
$110,000
Premium/Discount to List
-$9,900
-8.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
87.72%
Original Mortgage
$85,000
Interest Rate
3.54%
Mortgage Type
Seller Take Back

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
Mcmillen Kevin $879,000 Placer Title Company
Dcl Llc $110,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmullen Kevin $780,000
Closed Mcmillen Kevin $590,000
Previous Owner Dcl Llc $705,206
Previous Owner Dcl Llc $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2019 11/19/19 Sold $879,000 0.0% $416 / Sq Ft
01/26/2019 01/26/19 Pending -- -- --
05/14/2018 05/14/18 For Sale $879,000 +699.1% $416 / Sq Ft
08/02/2016 08/02/16 Sold $110,000 -8.3% --
05/18/2016 05/18/16 Pending -- -- --
04/20/2016 04/20/16 For Sale $119,900 -- --
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
2024 $11,484 $942,461 $139,384 $803,077
2023 $11,484 $923,982 $136,651 $787,331
2022 $11,195 $905,866 $133,972 $771,894
2021 $10,728 $888,105 $131,346 $756,759
2020 $10,573 $116,732 $116,732 $0
2019 $1,433 $114,444 $114,444 $0
2018 $0 $112,200 $112,200 $0
2017 $1,447 $110,000 $110,000 $0
2016 $1,153 $82,000 $82,000 $0
2015 $863 $56,500 $56,500 $0
2014 $863 $51,800 $51,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20181038

Tahoe Sierra Board of REALTORS®

APN: 018-021-014-000