NOT LISTED FOR SALE

12047 Cavern Way Truckee, CA 96161

Estimated Value: $1,216,000 - $1,588,000

0.21 Acre
$7,112,429 Price per Acre
9,147 Sq Ft Lot

Last Sold June 15, 2020

Last sale price $1,081,492 $472 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $9,164/month

32 Days on Market

Highlights

  • New Construction
  • Two Primary Bedrooms
  • Contemporary Architecture
  • Truckee Elementary School Rated A-
  • View of Trees or Woods
  • Living Room with Fireplace

About This Lot

As of June 2020

Wonderful, brand new Donner Crest home featuring great room with lofted ceilings, stone fireplace and main level master suite. Flexible 4 bed, 3.5 bath floor plan - 4th bedroom could be a family room/ game room. Exterior finishes include a mix of mountain woods and metal accents. Excellent value for brand new construction. Buyer may select some finishes if purchased early.

Last Agent to Sell the Property

Kristine Mitchell

Sierra Sotheby's Int - Rock License #00892352 Listed on: 03/04/2019

Co-Listed By

Ron Hemig

Sierra Sotheby's Int - Rock License #01157345

Last Buyer's Agent

Mark Via

Coldwell Banker Realty License #01470167

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,778

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 9,147 Sq Ft Lot
  • Lot Sloped Down

HOA Fees

  • $90 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 2,293 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Views of Woods
  • Laundry Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Master Bedroom
  • 3.5 Bathrooms

Location

  • Design Review Required

Utilities

  • Heating System Uses Natural Gas
  • Utility District

Community Details

Overview

  • Truckee Community

Recreation

  • Multiple Outdoor Decks

Property Details

Property Type

Land

Est. Annual Taxes

$13,778

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$90 per month

Listing Details

  • Age: Brand New
  • Estimated Lot Size: 0 - .255
  • Community: Truckee
  • Directions: Northwoods to Lamplighter, right onto Passage Place, left on Cavern Way
  • Number of Acres: 0.20999
  • Optional Financing: Cash To New Loan, None - Cash Only
  • Service Type: Full Service
  • Setting: Street
  • SPCDISC: Architectural Review
  • Sub-Area: 9AJ
  • Sub-Status: Standard
  • Topography: Downslope, Varies
  • Year Built: 2020
  • Zoning: SFR
  • Cross Street: Passage Place
  • Other: High Ceilings
  • Sewer: Utility District
  • Estimated Sq Ft: PLANS
  • Architecture: Contemporary
  • Property Condition: New
  • Sign YN: Y
  • Special Features: NewHome
  • Property Sub Type: LotsLands

Interior Features

  • Handicap Friendly: Master on Main Level
  • Heating: Natural Gas
  • Estimated Sq Ft: 2293
  • Stories: Two
  • Water Company: TDPUD
  • Gas: Natural
  • Water: Utility District
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher
  • Bonus Rooms: Family Room, 2 Or More Master Bedrooms
  • Fireplace: Living Room, Stone
  • Furnished: None
  • Bathrooms: 3.5
  • Bedrooms: 4
  • Wood Stove: None
  • Floor Coverings: Carpet, Stone, Tile, Wood

Exterior Features

  • View: Wooded
  • Construction Exterior: Framed, Wooded
  • Foundation: Perim Concrete
  • Roof: Composition
  • Decks: 2
  • Construction Phase: BARE LAND

Garage/Parking

  • Garage: Two
  • Garage/Parking: Attached

Utilities

  • Laundry: Room

Condo/Co-op/Association

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

Lot Info

  • Lot Number: 42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2019
Closed on
Jun 11, 2020
Sold by
Dcl Llc
Bought by
Kessenick Laurence W and Kessenick Sandra C
Seller's Agent
Kristine Mitchell
Sierra Sotheby's Int - Rock
Buyer's Agent
Mark Via
Coldwell Banker Realty
List Price
$959,000
Sold Price
$1,081,492
Premium/Discount to List
$122,492
12.77%
Total Days on Market
32
Current Estimated Value
$1,493,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$412,047
Avg. Annual Appreciation
6.72%
Original Mortgage
$811,119
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 20, 2016
Closed on
Jun 19, 2017
Sold by
Donner Crest Llc
Bought by
Dcl Llc
Seller's Agent
Ron Hemig
Sierra Sotheby's Int - Rock
Buyer's Agent
Ron Hemig
Sierra Sotheby's Int - Rock
List Price
$125,900
Sold Price
$110,000
Premium/Discount to List
-$15,900
-12.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
116.45%
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
Kessenick Laurence W $1,081,500 Placer Title Company
Dcl Llc $110,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kessenick Laurence E $810,000
Closed Kessenick Laurence W $811,119
Previous Owner Dcl Llc $743,223
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2020 06/15/20 Sold $1,081,492 +12.8% $472 / Sq Ft
04/05/2019 04/05/19 Pending -- -- --
03/04/2019 03/04/19 For Sale $959,000 +771.8% $418 / Sq Ft
06/30/2017 06/30/17 Sold $110,000 -12.6% $48 / Sq Ft
05/18/2016 05/18/16 Pending -- -- --
04/20/2016 04/20/16 For Sale $125,900 -- $55 / 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
2024 $13,778 $1,159,574 $268,048 $891,526
2023 $13,778 $1,136,839 $262,793 $874,046
2022 $13,453 $1,114,549 $257,641 $856,908
2021 $4,896 $345,271 $133,096 $212,175
2020 $4,880 $341,732 $131,732 $210,000
2019 $1,523 $114,444 $114,444 $0
2018 $0 $112,200 $112,200 $0
2017 $1,184 $86,100 $86,100 $0
2016 $1,153 $82,000 $82,000 $0
2015 $863 $56,500 $56,500 $0
2014 $797 $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: 20190330

Tahoe Sierra Board of REALTORS®

APN: 018-031-031-000