NOT LISTED FOR SALE

Estimated Value: $2,886,314 - $3,349,000

4 Beds
5.5 Baths
5,500 Sq Ft
$573/Sq Ft Est. Value

Last Sold January 05, 2021

Last sale price $2,400,000 $436 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $19,557/month

25 Days on Market

Highlights

  • Two Primary Bedrooms
  • Panoramic View
  • Living Room with Fireplace
  • Truckee Elementary School Rated A-
  • 0.47 Acre Lot
  • Recreation Room

About This Home

As of January 2021

Boasting quite arguably the best views in Truckee of Donner Summit & Rainbow Bridge, this full southern exposure home is filled with natural, abundant light all day. Upon entry, panoramic mountain views are showcased throughout nearly every room. Watch colorful sunsets or snowfall from multiple decks. In the perfect location to play at Donner Lake or head up Old 40 to ski at Sugar Bowl. Store all of your mountain toys in the large, two car garage.

Last Agent to Sell the Property

Nathan Riedel

Engel & Volkers Truckee License #01897986 Listed on: 11/05/2020

Engel & Volkers Truckee

Last Buyer's Agent

Jeff Hamilton

Sierra Sotheby's Int Realty TC License #01362610

Sierra Sotheby's Int Realty TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,828

Year Built

  • Built in 2007

Lot Details

  • 0.47 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Corner Lot
  • Lot Sloped Down

HOA Fees

  • $145 Monthly HOA Fees

Property Views

  • Panoramic
  • Woods
  • Mountain

Home Design

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

Interior Spaces

  • 5,500 Sq Ft Home
  • 3-Story Property
  • Furniture Can Be Negotiated
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Home Office
  • Recreation Room
  • Loft
  • Alarm System

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Master Bedroom
  • 5.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Multiple Outdoor Decks

Utilities

  • Heating System Uses Natural Gas
  • Utility District

Community Details

  • Donner Lake Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,828

Year Built

Built in 2007

Lot Details

0

HOA Fees

$145 per month

Listing Details

  • Age: 5-10 Years
  • Alarm YN: Y
  • Estimated Lot Size: .26 - .5
  • Community: Donner Lake
  • Directions: Up old 40, Left on Gates look right after Wolfe Estates
  • Number of Acres: 0.47
  • Optional Financing: Cash To New Loan
  • Service Type: Full Service
  • Setting: Street
  • SPCDISC: Private Road, Sewer Pump
  • Sub-Area: 8DL
  • Sub-Status: Standard
  • Topography: Downslope, Corner, Cul-de-sac
  • Year Built: 2007
  • Zoning: R
  • Cross Street: Old 40
  • Other: High Ceilings, Phone, Cable TV, High Speed Internet, Sauna
  • Sewer: Utility District
  • Estimated Sq Ft: OWNER
  • Architecture: Mountain
  • Gated: No
  • Out Buildings: No
  • Property Condition: Like New
  • Security: Alarm System
  • Sign YN: Y
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Handicap Friendly: Master on Main Level
  • Heating: Natural Gas, CFAH
  • Estimated Sq Ft: 5500
  • Stories: Three
  • Water Company: PUD
  • Gas: Natural
  • Water: Utility District
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Bonus Rooms: Loft, Family Room, Great Room, Office, Rec Room, 2 Or More Master Bedrooms
  • Fireplace: Living Room, Family Room
  • Furnished: Negotiable
  • Bathrooms: 5.5
  • Bedrooms: 4
  • Floor Coverings: Carpet, Wood, Stone, Tile

Exterior Features

  • View: Peek, Panoramic, Wooded, Mountain
  • Construction Exterior: Framed
  • Foundation: Perim Concrete, Slab
  • Roof: Composition, Metal
  • Decks: 3 or more
  • Construction Phase: FINISHED

Garage/Parking

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

Utilities

  • Laundry: Room

Condo/Co-op/Association

  • HOA Fees: 145
  • HOA Fee Frequency: M
  • HOA Membership: Y

Lot Info

  • Lot Number: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2020
Closed on
Dec 23, 2020
Sold by
Saadat Fariborz and Saadat Mahshid D
Bought by
Simons Stephen W and The Stephen W Simmons Trust
Seller's Agent
Nathan Riedel
Engel & Volkers Truckee
Buyer's Agent
Jeff Hamilton
Sierra Sotheby's Int Realty TC
List Price
$2,595,000
Sold Price
$2,400,000
Premium/Discount to List
-$195,000
-7.51%
Current Estimated Value
$3,152,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$752,329
Avg. Annual Appreciation
5.97%

Purchase Details

Closed on
May 5, 2005
Sold by
Rittenhouse Robert R and Rittenhouse Edithanne
Bought by
Saadat Fariborz and Saadat Mahshid D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
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
Simons Stephen W $2,250,000 Fidelity Natl Ttl Co Of Ca
Saadat Fariborz $395,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simons Stephen W $548,250
Previous Owner Saadat Fariborz $723,700
Previous Owner Saadat Mahshid D $740,000
Previous Owner Saadat Mahshid D $735,000
Previous Owner Saadat Fariborz $250,000
Previous Owner Saadat Mahshid D $700,000
Previous Owner Saadat Fariborz $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2021 01/05/21 Sold $2,400,000 -7.5% $436 / Sq Ft
11/30/2020 11/30/20 Pending -- -- --
11/05/2020 11/05/20 For Sale $2,595,000 -- $472 / 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 $26,828 $2,435,472 $541,216 $1,894,256
2024 $26,753 $2,387,718 $530,604 $1,857,114
2023 $26,753 $2,340,900 $520,200 $1,820,700
2022 $26,226 $2,295,000 $510,000 $1,785,000
2021 $18,776 $1,637,200 $508,660 $1,128,540
2020 $18,679 $1,620,414 $503,445 $1,116,969
2019 $18,762 $1,588,642 $493,574 $1,095,068
2018 $0 $1,557,494 $483,897 $1,073,597
2017 $17,472 $1,526,956 $474,409 $1,052,547
2016 $17,368 $1,497,016 $465,107 $1,031,909
2015 $16,962 $1,474,530 $458,121 $1,016,409
2014 $16,251 $1,445,647 $449,148 $996,499
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20203413

Tahoe Sierra Board of REALTORS®

APN: 017-530-004-000