NOT LISTED FOR SALE

1723 Grouse Ridge Rd Truckee, CA 96161

Northstar Neighborhood

Estimated Value: $2,650,000 - $3,822,000

4 Beds
5 Baths
4,141 Sq Ft
$777/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $520,000 $126 Per Sq Ft

Est. 519% increase in value since last sale

Current estimated payment $20,697/month

23 Days on Market

Highlights

  • Mountain Architecture
  • Truckee Elementary School Rated A-
  • Furnished

About This Home

As of June 2023

New co-ownership opportunity: Own one-eighth of this professionally managed, turnkey home. Like a luxurious mountain lodge, this 4-bedroom, 5-bathroom timber-frame home has a great room with a soaring, beamed ceiling, stone floors and an inviting fireplace. In Truckee’s Northstar neighborhood, the home is close to world-class skiing and paths for hiking and biking. The gourmet kitchen features beautiful wood cabinets, a massive island for prep and eating, and stainless steel appliances. Dine in the adjacent formal dining space or cozy breakfast area. Or, open the doors and choose the outdoor kitchen and al fresco dining area with views of the towering trees. The lodge vibe continues upstairs in the primary suite, with a beamed ceiling, private balcony and a generous en suite bathroom with dual-sink vanity. A charming bunk room includes plenty of play space for kids. The lower level has a comfy media room with a fireplace and access to the ground-level patio and hot tub. Two more bedrooms and bathrooms offer plenty of room for visitors. Owners and their guests have access to community amenities including outdoor pools, a children’s play area, tennis courts and a fitness center. The home comes fully furnished and professionally decorated.

Last Agent to Sell the Property

Joseph Maehler

Pacaso, Inc. License #01457093 Listed on: 05/10/2023

Last Buyer's Agent

Joseph Maehler

Pacaso, Inc. License #01457093 Listed on: 05/10/2023

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $33,959

Lot Details

  • 0.36

Parking

  • 2 Car Garage

Home Design

  • Mountain Architecture

Interior Spaces

  • 3-Story Property
  • Furnished

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Community Details

  • Northstar Community

Property Details

Home Type

Co-Op

Est. Annual Taxes

$33,959

Lot Details

0

Listing Details

  • Age: 20+ Years
  • Estimated Lot Size: .26 - .5
  • Community: Northstar
  • Service Type: Full Service
  • Setting: Street
  • Sub-Area: 7NS
  • Sub-Status: Standard
  • Architecture: Mountain
  • Special Features: None
  • Property Sub Type: Coop

Interior Features

  • Stories: Three
  • Furnished: Mostly
  • Bathrooms: 5
  • Bedrooms: 4

Exterior Features

  • Construction Phase: FINISHED

Garage/Parking

  • Garage: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2021
Closed on
Dec 28, 2021
Sold by
Markarian Family Trust
Bought by
1723 Grouse Ridge Road Llc
Seller's Agent
Amie Quirarte
Chase International - TC
Buyer's Agent
Jamison Blair
COMPASS
List Price
$3,100,000
Sold Price
$2,850,000
Premium/Discount to List
-$250,000
-8.06%
Current Estimated Value
$3,219,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,511
Avg. Annual Appreciation
5.44%
Original Mortgage
$2,137,500
Interest Rate
3.11%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 1, 2009
Sold by
Johanson Mark A and Johanson April K
Bought by
Markarian James A and Markarian Georgia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,235,000
Interest Rate
5.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2004
Sold by
Lynn Whitney G and Lynn Catherine J
Bought by
Johanson Mark A and Johanson April K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,855,000
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 30, 1999
Sold by
Kaplan David A
Bought by
Lynn Whitney G and Lynn Catherine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
7%

Purchase Details

Closed on
Nov 17, 1998
Sold by
Kaplan David A
Bought by
Kaplan David A

Purchase Details

Closed on
Feb 20, 1997
Sold by
Passalalpi Dario Michael and Yates Jimmie Ray
Bought by
Kaplan David A

Purchase Details

Closed on
Aug 8, 1995
Sold by
Trimont Land Company
Bought by
Passalalpi Dario Michael and Yates Jimmie Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,500
Interest Rate
7.01%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
1723 Grouse Ridge Road Llc $2,850,000 Fidelity National Title
Markarian James A $1,900,000 Fidelity National Title Comp
Johanson Mark A $2,650,000 Fidelity Title
Lynn Whitney G $1,425,000 Fidelity National Title
Kaplan David A -- --
Kaplan David A $213,000 First American Title Co
Passalalpi Dario Michael $142,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 1723 Grouse Ridge Road Llc $2,137,500
Previous Owner Markarian James $1,182,941
Previous Owner Markarian James A $1,235,000
Previous Owner Johanson Mark A $1,855,000
Previous Owner Lynn Whitney G $0
Previous Owner Lynn Whitney G $883,000
Previous Owner Lynn Whitney G $0
Previous Owner Lynn Whitney G $889,000
Previous Owner Lynn Whitney G $0
Previous Owner Lynn Whitney G $889,000
Previous Owner Lynn Whitney G $700,000
Previous Owner Passalalpi Dario Michael $106,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2023 06/09/23 Sold $520,000 0.0% $126 / Sq Ft
06/02/2023 06/02/23 Pending -- -- --
05/10/2023 05/10/23 For Sale $520,000 +4.2% $126 / Sq Ft
04/25/2022 04/25/22 Sold $499,000 0.0% $121 / Sq Ft
04/22/2022 04/22/22 Pending -- -- --
04/18/2022 04/18/22 For Sale $499,000 -82.5% $121 / Sq Ft
01/20/2022 01/20/22 Sold $2,850,000 -3.4% $688 / Sq Ft
12/21/2021 12/21/21 Pending -- -- --
11/17/2021 11/17/21 Price Changed $2,950,000 -4.8% $712 / Sq Ft
10/16/2021 10/16/21 For Sale $3,100,000 -- $749 / 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
2023 $33,959 $2,907,000 $612,000 $2,295,000
2022 $27,443 $2,311,099 $1,094,732 $1,216,367
2021 $26,047 $2,265,784 $1,073,267 $1,192,517
2020 $26,313 $2,242,552 $1,062,262 $1,180,290
2019 $26,465 $2,198,582 $1,041,434 $1,157,148
2018 $25,515 $2,155,473 $1,021,014 $1,134,459
2017 $25,095 $2,113,210 $1,000,995 $1,112,215
2016 $24,955 $2,071,775 $981,368 $1,090,407
2015 $24,351 $2,040,656 $966,627 $1,074,029
2014 $24,128 $2,000,684 $947,693 $1,052,991
Source: Public Records

Agents Affiliated with this Home

  • Joseph Maehler

    Seller's Agent in 2023

    Joseph Maehler

    Pacaso, Inc.

    (628) 222-3360

    7 in this area

    150 Total Sales

    Joseph Maehler
    Section Image

  • C

    Seller's Agent in 2022

    Charles Tanner

    Pacaso, Inc.

  • Amie Quirarte

    Seller's Agent in 2022

    Amie Quirarte

    Chase International - TC

    (650) 290-3008

    5 in this area

    79 Total Sales

    Amie Quirarte
    Section Image

  • 0

    Buyer's Agent in 2022

    0 NON-MEMBER

    NON Member

  • Jamison Blair

    Buyer's Agent in 2022

    Jamison Blair

    COMPASS

    (530) 277-8654

    18 in this area

    337 Total Sales

    Jamison Blair
    Section Image
See All Agents

Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20230512

Tahoe Sierra Board of REALTORS®

APN: 110-540-003

California Placer County Truckee 96161 Northstar

1723 Grouse Ridge Rd, Truckee, CA

This home is located at 1723 Grouse Ridge Rd, Truckee, CA 96161 since 10 May 2023 and is currently estimated at $3,219,511, approximately $777 per square foot. 1723 Grouse Ridge Rd 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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