NOT LISTED FOR SALE

131 James Reed Truckee, CA 96161

Lahontan Neighborhood

Estimated Value: $3,196,315 - $4,562,000

4 Beds
4 Baths
4,400 Sq Ft
$875/Sq Ft Est. Value

Last Sold April 26, 2016

Last sale price $2,150,000 $489 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $23,280/month

201 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Two Primary Bedrooms
  • Truckee Elementary School Rated A-
  • RV or Boat Parking
  • Gated Community

About This Home

As of April 2016

Mountain Elegance. Your first impression will be lasting and you will love the traditional mountain style design and pride of ownership. The great room unfolds beautifully and is highlighted by open beams, rock fireplace, towering windows and a fabulous open kitchen. The master bedroom and one guest bedroom are on the main level and the two en-suite bedrooms upstairs are perfectly located near the family room and game area with pool table.

Last Agent to Sell the Property

Bill Whitehead

The Whitehead Group License #00702444 Listed on: 09/03/2015

Co-Listed By

Nina Clifton

Sierra Sotheby's Int - Rock License #01351867

Last Buyer's Agent

Breck Overall

Sierra Sotheby's Int - Rock License #01760070

Sierra Sotheby's Int - Rock

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,590

Year Built

  • Built in 2008

Lot Details

  • 0.66 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Level Lot

Home Design

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

Interior Spaces

  • 4,400 Sq Ft Home
  • 2-Story Property
  • Furniture Can Be Negotiated
  • Wood Burning Stove
  • Mud Room
  • Great Room
  • Family Room
  • Home Office
  • Loft
  • Views of Woods

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Car Attached Garage
  • Insulated Garage
  • Garage Door Opener
  • RV or Boat Parking

Utilities

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

Additional Features

  • Multiple Outdoor Decks
  • Design Review Required

Community Details

Overview

  • Martis Valley Community
  • Greenbelt

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,590

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Age: 5-10 Years
  • Estimated Lot Size: .51 - .755
  • Community: Martis Valley
  • Directions: Left on Lahontan drive, left on Snowshoe Thompson, left on James Reed, home on left in cul-de-sac.
  • Number of Acres: 0.66
  • Optional Financing: Cash To New Loan
  • Service Type: Full Service
  • Setting: Greenbelt
  • SPCDISC: Architectural Review, Private Road
  • Sub-Area: 7SO
  • Sub-Status: Standard
  • Topography: Level, Cul-de-sac
  • Year Built: 2008
  • Zoning: R-1
  • Cross Street: Snowshoe Thomp
  • Other: Pantry, Central Vacuum, High Ceilings, Intercom, Landscaping, Phone, Cable TV, High Speed Internet, Steam Shower
  • Phase Unit: 11
  • Sewer: Utility District
  • Estimated Sq Ft: PLANS
  • Architecture: Mountain
  • Gated: To Subdivision
  • Out Buildings: No
  • Property Condition: Like New
  • Sign YN: Y
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Heating: Natural Gas, CFAH
  • Estimated Sq Ft: 4400
  • Stories: Two
  • Water Company: PCWA
  • Gas: Natural
  • Water: Utility District
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Bonus Rooms: Loft, Family Room, Great Room, Office, Mud Room, 2 Or More Master Bedrooms
  • Fireplace: Master Bedroom, Stone
  • Furnished: Negotiable
  • Bathrooms: 4
  • Bedrooms: 4
  • Wood Stove: Living Room, Stone
  • Floor Coverings: Carpet, Stone, Tile, Wood

Exterior Features

  • View: Wooded
  • Construction Exterior: Masonry, Wooded
  • Foundation: Perim Concrete
  • Roof: Composition
  • Decks: 2
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: Four +
  • Garage/Parking: Attached, Insulated, Boat Storage, Gar Door Opener, Oversized

Utilities

  • Laundry: Room

Condo/Co-op/Association

  • HOA Amenities: Pool, Tennis Courts, Golf, Exercise Equipment

Lot Info

  • Lot Number: 443

Green Features

  • Green Features: High Efficiency Furnace

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2015
Closed on
Apr 19, 2016
Sold by
Hjelmstad John and Bransfield Allison
Bought by
Burns Family 2007 Revocable Trust
Seller's Agent
Bill Whitehead
The Whitehead Group
Buyer's Agent
Breck Overall
Sierra Sotheby's Int - Rock
List Price
$2,350,000
Sold Price
$2,150,000
Premium/Discount to List
-$200,000
-8.51%
Current Estimated Value
$3,850,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,700,579
Avg. Annual Appreciation
5.85%
Original Mortgage
$1,505,000
Outstanding Balance
$1,169,753
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,485,859

Purchase Details

Closed on
Jul 26, 2011
Sold by
Mcpartland Tim and Mcpartland Amy
Bought by
Hjelmstad John and Bransfield Allison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
4.46%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 8, 2005
Sold by
Wageman Tracy
Bought by
Mcpartland Tim and Mcpartland Amy

Purchase Details

Closed on
Jan 25, 2001
Sold by
Lahontan Llc
Bought by
Wageman Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,875
Interest Rate
9.75%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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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
Burns Family 2007 Revocable Trust $2,150,000 Fidelity National Title Co
Hjelmstad John $1,665,000 First American Title Company
Mcpartland Tim $365,000 Fidelity Title
Wageman Tracy $310,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burns Family 2007 Revocable Trust $1,505,000
Previous Owner Hjelmstad John $1,750,000
Previous Owner Mcpartland Tim $950,000
Previous Owner Wageman Tracy $232,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2016 04/26/16 Sold $2,150,000 -8.5% $489 / Sq Ft
03/22/2016 03/22/16 Pending -- -- --
09/03/2015 09/03/15 For Sale $2,350,000 -- $534 / 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 $27,590 $2,545,159 $295,947 $2,249,212
2023 $27,590 $2,446,329 $284,456 $2,161,873
2022 $27,033 $2,398,363 $278,879 $2,119,484
2021 $26,177 $2,351,337 $273,411 $2,077,926
2020 $26,034 $2,327,228 $270,608 $2,056,620
2019 $26,200 $2,281,597 $265,302 $2,016,295
2018 $24,979 $2,236,860 $260,100 $1,976,760
2017 $24,584 $2,193,000 $255,000 $1,938,000
2016 $19,225 $1,681,746 $159,154 $1,522,592
2015 $18,777 $1,656,486 $156,764 $1,499,722
2014 $17,993 $1,624,039 $153,694 $1,470,345
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Bill Whitehead

    The Whitehead Group

  • Nina Clifton

    Seller Co-Listing Agent in 2016

    Nina Clifton

    Sierra Sotheby's Int - Rock

    (530) 412-0833

    56 Total Sales

    Nina Clifton
    Section Image
  • Breck Overall

    Buyer's Agent in 2016

    Breck Overall

    Sierra Sotheby's Int - Rock

    (530) 318-3452

    14 in this area

    218 Total Sales

    Breck Overall
    Section Image
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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20152545

Tahoe Sierra Board of REALTORS®

APN: 107-010-007

California Placer County Truckee 96161 Lahontan

131 James Reed, Truckee, CA

This home is located at 131 James Reed, Truckee, CA 96161 since 03 September 2015 and is currently estimated at $3,850,579, approximately $875 per square foot. This property was built in 2008. 131 James Reed is a home located in Placer County with nearby schools including Truckee Elementary School, Alder Creek Middle School, and Tahoe Truckee High School.

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