NOT LISTED FOR SALE

Estimated Value: $1,004,000 - $1,270,000

3 Beds
2 Baths
1,920 Sq Ft
$587/Sq Ft Est. Value

Last Sold July 15, 2024

Last sale price $1,030,000 $536 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,564/month

30 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • 2 Car Attached Garage
  • Truckee Elementary School Rated A-
  • Mountain Architecture
  • Multiple Outdoor Decks

About This Home

As of July 2024

The description of 14520 E Reed Avenue paints a vivid picture of a lakeside retreat in Truckee, California. With its prime location near Donner Lake and Shoreline Park, this 3-bedroom, 2-bathroom home with an attached 2 car garage offers a perfect blend of comfort & outdoor adventure. Inside the home, the spacious bedrooms, recessed lighting, and real hardwood floors create an inviting atmosphere. The master bedroom, complete with a large walk-in closet and luxurious enclosed glass shower, adds a touch of elegance. But perhaps one of the most impressive features is the state-of-the-art audio system in the main room. With 30 separate speakers wired into the audio cabinet, including world-class components like Magnesium Cased Speakercraft Starlet 9 and Bowers & Wilkins speakers, the entertainment experience here is unparalleled. The kitchen boasts granite countertops, stainless steel appliances, a wine cellar, and pantry, while the laundry room is equipped with a newer stackable LG washer/dryer set for added convenience. Outside, the front and side decks offer panoramic views of Donner Summit and filtered glimpses of Donner Lake, providing the perfect backdrop for relaxing or entertaining. And with the addition of an outdoor hot tub, soaking in the scenery becomes even more enjoyable. The mention of Donner Lake's stunning vistas and exciting activities like fishing, boating, and kayaking sets the scene for an active and picturesque lifestyle. And being conveniently situated just off I-80, accessibility is a breeze, making it easy to explore all that the area has to offer. 14520 E Reed Avenue presents an enticing opportunity for those seeking a harmonious blend of comfort, luxury, and outdoor adventure in the beautiful Truckee region.

Last Agent to Sell the Property

Carmen Carr

Engel & Volkers Truckee License #01399136 Listed on: 05/09/2024

Engel & Volkers Truckee

Last Buyer's Agent

Carmen Carr

Engel & Volkers Truckee License #01399136 Listed on: 05/09/2024

Engel & Volkers Truckee

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • Property fronts a private road
  • Lot Sloped Up
  • Property is zoned R1

Parking

  • 2 Car Attached Garage

Home Design

  • Mountain Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,920 Sq Ft Home
  • Living Room with Fireplace

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Multiple Outdoor Decks

Utilities

  • Heating System Uses Natural Gas
  • Utility District

Community Details

  • Donner Lake Community

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Age: 20+ Years
  • Estimated Lot Size: 0 - .255
  • Community: Donner Lake
  • Directions: Donner Pass Rd along Donner Lake-going west-turn right on Eddy-wind up to E Reed-left- at the end rt
  • Service Type: Full Service
  • Setting: Street
  • SPCDISC: Private Road
  • Sub-Area: 8DL
  • Sub-Status: Standard
  • Topography: Upslope
  • Year Built: 2003
  • Zoning: R1
  • Cross Street: Eddy
  • Other: Pantry, High Ceilings, Phone, Cable TV, Hot Tub
  • Sewer: Utility District
  • Estimated Sq Ft: ASSESSOR
  • Architecture: Mountain
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Heating: Natural Gas
  • Estimated Sq Ft: 1920
  • Stories: Split
  • Water Company: TDPUD
  • Gas: Natural
  • Water: Utility District
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Fireplace: Living Room
  • Furnished: None
  • Bedrooms: 3
  • Floor Coverings: Carpet, Tile, Wood

Exterior Features

  • View: Lake, Filtered
  • Construction Exterior: Framed
  • Foundation: Perim Concrete
  • Roof: Composition
  • Decks: 2
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: Two
  • Garage/Parking: Attached

Utilities

  • Laundry: Room

Lot Info

  • Lot Number: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Jul 8, 2024
Sold by
Kraus Cristina Marie Mont and Kraus Jac Justin
Bought by
Liptac John E and Verran Heather L
Seller's Agent
Carmen Carr
Engel & Volkers Truckee
Buyer's Agent
Carmen Carr
Engel & Volkers Truckee
List Price
$1,050,000
Sold Price
$1,030,000
Premium/Discount to List
-$20,000
-1.9%
Views
16
Current Estimated Value
$1,126,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,659
Avg. Annual Appreciation
5.66%
Original Mortgage
$680,000
Outstanding Balance
$671,940
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$454,719

Purchase Details

Closed on
Aug 28, 2020
Sold by
Kraus Justin J and Kraus Cristina M
Bought by
Kraus Cristina Marie Mont and Kraus Justin Jacob

Purchase Details

Closed on
Jul 10, 2017
Sold by
Kraus Justin J and Kraus Cristina M
Bought by
Loandepot Com Llc

Purchase Details

Closed on
Dec 10, 2016
Sold by
Kraus Justin J and Kraus Cristina M
Bought by
Kraus Justin J and Kraus Cristina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2003
Sold by
Osborn Myers Development Co
Bought by
Kraus Justin J and Kraus Cristina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,200
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2003
Sold by
Myers Richard S and Williams Kenneth
Bought by
Osborn Myers Development Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,200
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 2002
Sold by
Williams Katie O
Bought by
Williams Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,000
Interest Rate
7.15%

Purchase Details

Closed on
Jan 18, 2001
Sold by
Myers Richard S
Bought by
Myers Richard S and Williams Kenneth

Purchase Details

Closed on
Sep 29, 2000
Sold by
Richburg John M and Richburg Cheryl A
Bought by
Myers Richard S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
7.88%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Liptac John E $1,030,000 Placer Title
Kraus Cristina Marie Mont -- None Available
Loandepot Com Llc -- None Available
Kraus Justin J -- Fidelity National Title
Kraus Justin J $519,000 First American Title
Osborn Myers Development Co Llc -- --
Williams Kenneth -- First American Title Ins Co
Myers Richard S -- First American Title Ins Co
Myers Richard S $32,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liptac John E $680,000
Previous Owner Kraus Justin J $436,000
Previous Owner Kraus Justin J $415,200
Previous Owner Williams Kenneth $402,000
Previous Owner Myers Richard S $24,000
Closed Kraus Justin J $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2024 07/15/24 Sold $1,030,000 -1.9% $536 / Sq Ft
06/08/2024 06/08/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $1,050,000 -- $547 / Sq Ft
Source: Tahoe Sierra Board of REALTORS®

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 $9,331 $1,030,000 $200,000 $830,000
2024 $9,237 $736,924 $177,480 $559,444
2023 $9,237 $722,475 $174,000 $548,475
2022 $8,982 $708,310 $170,589 $537,721
2021 $8,572 $694,423 $167,245 $527,178
2020 $8,999 $687,304 $165,531 $521,773
2019 $9,004 $673,829 $162,286 $511,543
2018 $8,387 $660,617 $159,104 $501,513
2017 $8,214 $647,665 $155,985 $491,680
2016 $7,843 $606,900 $70,900 $536,000
2015 $7,636 $594,500 $69,500 $525,000
2014 -- $545,800 $63,800 $482,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20240701

Tahoe Sierra Board of REALTORS®

APN: 017-301-043-000

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