NOT LISTED FOR SALE

Estimated Value: $2,500,000 - $2,931,142

5 Beds
3 Baths
3,820 Sq Ft
$705/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $2,992,000 $783 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $16,541/month

18 Days on Market

Highlights

  • Views of Ski Resort
  • Horses Allowed On Property
  • RV Access or Parking
  • Elizabeth Lenz Elementary School Rated A-
  • In Ground Pool
  • Solar Power System

About This Home

As of May 2024

Reno Paradise Found: Luxurious move-in ready and waiting for you! This stunning 5-bedroom, 3-bathroom home offers over 3,800 square feet of luxurious living on a sprawling 2.5-acre estate with 5 acre feet of water rights. Immerse yourself in a sustainable and luxurious lifestyle within this eco-friendly haven. This fully electric home with a 14KW solar panel system prioritizes clean living with a solar system that powers everything from your appliances to the in-ground pool's hydronic heating system., Heat pumps deliver efficient climate control year-round. Effortless entertaining, fostering a seamless connection between cozy indoor spaces and the inviting outdoor environment with breathtaking, unobstructed northwest facing views of Mount Rose. Host unforgettable gatherings with a formal living room, inviting family room with a wood-burning fireplace, large dining room, and a breakfast nook. Indoor/outdoor living seamlessly transitions through expansive composite decking that surrounds the rear and side of the home. A timeless Chef's Kitchen with Soapstone countertops, Sub-Zero refrigerator, and a wet bar overlooks the pool and grounds. Dive into the sparkling solar-heated pool with a newer concrete deck, perfect for year-round enjoyment. The fully fenced pool area with a rolling gate ensures safety for children and pets. Enjoy BBQs in the recently updated area adjacent to the pool. Grow your own delicious vegetables in the raised bed garden. The outdoor was recently enhanced by planting 30 new trees, creating a tranquil escape. Park your fleet in the newly built 1960 sq ft garage (fits up to 10 cars/ 14 with lifts) and an attached insulated 2-car garage with 2 electric car chargers. Work from home in style in the detached 194 sqft ADU office. This meticulously maintained estate offers everything you need for luxurious living. Don't miss your chance to own a piece of paradise! Contact us today for a private showing.

Last Agent to Sell the Property

Cheenu Sandhu

Engel & Volkers Lake Tahoe License #S.181516 Listed on: 04/07/2024

Engel & Volkers Lake Tahoe

Last Buyer's Agent

YaYa Jackoby

Compass License #BS.143515

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,362

Year Built

  • Built in 1983

Lot Details

  • 2.5 Acre Lot
  • Creek or Stream
  • Property is Fully Fenced
  • Landscaped
  • Level Lot
  • Front and Back Yard Sprinklers
  • Property is zoned HDR

Parking

  • 10 Car Attached Garage
  • Garage Door Opener
  • RV Access or Parking

Property Views

  • Ski Resort
  • Mountain

Home Design

  • Shake Roof
  • Wood Roof
  • Stick Built Home

Interior Spaces

  • 3,820 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Double Pane Windows
  • Drapes & Rods
  • Blinds
  • Wood Frame Window
  • Mud Room
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Home Office
  • Crawl Space

Kitchen

  • Double Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Primary Bathroom includes a Walk-In Shower
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Cabinets

Home Security

  • Smart Thermostat
  • Fire and Smoke Detector

Eco-Friendly Details

  • Solar Power System
  • Solar Heating System

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Deck
  • Patio
  • Gazebo
  • Storage Shed
  • Barbecue Stubbed In

Schools

  • Lenz Elementary School
  • Marce Herz Middle School
  • Galena High School

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Water Rights
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Property is near a creek
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 04428302

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,362

Year Built

Built in 1983

Lot Details

0

Parking

10

Listing Details

  • Year Built: 1983
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: Yes
  • Lot Features: Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Acres: 2.5
  • Road Frontage Type: Other
  • Has View?: Yes
  • Security Features: Smoke Detector(s)
  • Association Amenities: None
  • Has H O A?: No
  • Co List Office Mls Id: 1474-o
  • Co List Office Phone: 775-588-7710
  • Directions: Foothills Rd. to Thomas Creek Rd.to Palmira Dr.
  • Has Cooling?: Yes
  • Has Fireplace?: Yes
  • Living Area: 3820.0
  • Green Power: Solar
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Lenz
  • Tax Legal Middle Or Junior School2: Marce Herz
  • Tax Legal High School: Galena
  • Tax Legal Tax Annual Amount: 9362.0
  • Tax Legal Zoning4: HDR
  • Association Community Association Y N3: No
  • Building Stories5: 1
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 2.5
  • Lot Lot Size Square Feet2: 108900.0
  • Lot Horse Y N2: Yes
  • Lot View Y N2: Yes
  • Lot Features Landscaped: Yes
  • Cooling Central Air: Yes
  • Cooling Electric: Yes
  • Foundation Details Crawl Space: Yes
  • Lot Features Level: Yes
  • Lot Features Sprinklers In Front: Yes
  • Lot Features Sprinklers In Rear: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Sprinklers Front: Yes
  • Sprinklers Rear: Yes
  • Typeof Construction Site Stick- Built: Yes
  • Water Heater Electric5: Yes
  • Water Rights Water Rights Y N: Yes
  • Appliances Dishwasher: Yes
  • Cooling Refrigerated: Yes
  • Appliances Disposal: Yes
  • Appliances Dryer: Yes
  • Appliances Washer: Yes
  • Fencing Full2: Yes
  • Outdoor Living Spaces Deck3: Yes
  • Outdoor Living Spaces Patio2: Yes
  • Personal Property Included Storage Shed: Yes
  • Security Features Smoke Detector(s): Yes
  • Sprinklers Drip System In Front: Yes
  • View Mountain(s): Yes
  • Appliances Microwave: Yes
  • Sewer Septic Tank: Yes
  • Other Structures Gazebo: Yes
  • Other Rooms Office Den: Yes
  • Other Rooms Entrance Foyer2: Yes
  • Personal Property Included Spa Hot Tub2: Yes
  • Lot Features Adjoins Creek Stream: Yes
  • Water Body Type Creek: Yes
  • Water Body Type Stream: Yes
  • View Skirt: Yes
  • Other Rooms Mud Room: Yes
  • Green Energy Generation Solar3: Yes
  • Appliances Double Oven: Yes
  • Appliances Included As Personal Property Electric Cooktop2: Yes
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Electric Cooktop, Microwave, Refrigerator, Washer
  • Flooring: Carpet, Ceramic Tile, Marble, Wood
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Interior Amenities: High Ceilings, Kitchen Island, Pantry, Primary Downstairs, Smart Thermostat, Walk-In Closet(s)
  • Window Features: Blinds, Double Pane Windows, Drapes, Rods, Wood Frames
  • Interior Living Area4: 3820.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Interior Features High Ceilings: Yes
  • Fireplace Features Living Room: Yes
  • Interior Features Primary Downstairs: Yes
  • Window Features Double Pane Windows: Yes
  • Living Room Features Separate Formal Room: Yes
  • Dining Room Features Separate Formal Room2: Yes
  • Family Room Features Separate Formal Room3: Yes
  • Window Features Blinds: Yes
  • Window Features Drapes: Yes
  • Primary Bedroom Features Double Sinks: Yes
  • Interior Fireplaces Total2: 1.0
  • Primary Bedroom Features On Main Floor: Yes
  • Primary Bedroom Features Shower Stall: Yes
  • Flooring Ceramic Tile: Yes
  • Flooring Wood: Yes
  • Window Features Rods: Yes
  • Laundry Features Cabinets2: Yes
  • Laundry Features Laundry Area: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Primary Bedroom Features High Ceilings6: Yes
  • Primary Bedroom Features Garden Tub: Yes
  • Interior Features Kitchen Island: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Family Room Features High Ceilings4: Yes
  • Kitchen Features Built- In Microwave: Yes
  • Kitchen Features Kitchen Island2: Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes
  • Window Features Wood Frames: Yes
  • Fireplace Features Dining Room: Yes
  • Interior Features Smart Thermostat: Yes
  • Kitchen Features Built- In Double Oven: Yes
  • Kitchen Features Electric Cooktop3: Yes
  • Flooring Marble: Yes

Exterior Features

  • Exterior Features: Barbecue Stubbed In
  • Roof: Shake, Wood
  • Stories: 1
  • View: Mountain(s), Ski Resort
  • Pool Features: In Ground
  • Foundation Details: Crawl Space
  • Other Structures: Gazebo
  • Patio And Porch Features: Patio, Deck
  • Roof Shake: Yes
  • Roof Wood4: Yes
  • Pool Features In Ground: Yes
  • Exterior Features Barbecue Stubbed In: Yes

Garage/Parking

  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Garage Spaces: 10.0
  • Has Attached Garage?: Yes
  • Parking Features: Attached, Garage Door Opener, RV Access/Parking
  • Total Parking Spaces: 10.0
  • Parking Information Garage Y N: Yes
  • Parking Information Garage Spaces: 10.0
  • Parking Information Carport Y N: No
  • Parking Information Parking Total: 10.0
  • Parking Features Attached: Yes
  • Parking Features R V Access Parking: Yes
  • Parking Features Garage Door Opener: Yes

Utilities

  • Utilities: Electricity Available, Water Available
  • Water Source: Private, Public, Well
  • Laundry Features: Cabinets, Laundry Area
  • Cooling: Central Air, Electric, Refrigerated
  • Heating: Electric, Fireplace(s), Forced Air, Solar
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities Cooling Y N3: Yes
  • Utilities Heating Y N3: Yes
  • Utilities Electricity Available: Yes
  • Utilities Water Available: Yes
  • Heating Forced Air: Yes
  • Water Source Public: Yes
  • Heating Electric4: Yes
  • Heating Fireplace(s): Yes
  • Water Source Private6: Yes
  • Water Source Well: Yes
  • Heating Solar: Yes

Schools

  • Middle Or Junior School: Marce Herz

Lot Info

  • Parcel Number: 04428302
  • Fencing: Full
  • Lot Size Sq Ft: 108900.0
  • Zoning: HDR

Tax Info

  • Tax Annual Amount: 9362.0

MLS Schools

  • Elementary School: Lenz
  • HighSchool: Galena

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2024
Closed on
May 7, 2024
Sold by
Cartus Financial Corporation
Bought by
Yma Investments Llc
Seller's Agent
Cheenu Sandhu
Engel & Volkers Lake Tahoe
Buyer's Agent
YaYa Jackoby
Compass
List Price
$2,992,000
Sold Price
$2,992,000
Views
127
Current Estimated Value
$2,874,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$117,455
Avg. Annual Appreciation
-1.60%

Purchase Details

Listed on
Apr 7, 2024
Closed on
Apr 9, 2024
Sold by
Clausen Jens Peter and Clausen Winni
Bought by
Cartus Financial Corporation
Seller's Agent
Cheenu Sandhu
Engel & Volkers Lake Tahoe
Buyer's Agent
YaYa Jackoby
Compass
List Price
$2,992,000
Sold Price
$2,992,000
Views
127

Purchase Details

Listed on
Nov 2, 2017
Closed on
Mar 26, 2018
Sold by
Cram Ronald L and Cram Gail R
Bought by
Clausen Winni and Clausen Jens
Seller's Agent
Rowe Real Estate Team
Keller Williams Group One Inc.
Buyer's Agent
Cheenu Sandhu
Engel & Volkers Lake Tahoe
List Price
$1,329,000
Sold Price
$1,225,000
Premium/Discount to List
-$104,000
-7.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.60%
Original Mortgage
$980,000
Interest Rate
4.38%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Yma Investments Llc $2,992,000 Stewart Title
Cartus Financial Corporation $2,992,000 Stewart Title
Clausen Jens Peter -- Stewart Title
Clausen Winni $1,225,000 First Centennial Reno
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clausen Jens $865,000
Previous Owner Clausen Winni $980,000
Previous Owner Cram Roland L $250,000
Previous Owner Cram Roland L $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Sold $2,992,000 0.0% $783 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
04/07/2024 04/07/24 For Sale $2,992,000 +144.2% $783 / Sq Ft
03/30/2018 03/30/18 Sold $1,225,000 -5.0% $326 / Sq Ft
02/05/2018 02/05/18 Price Changed $1,289,000 -3.0% $343 / Sq Ft
11/02/2017 11/02/17 For Sale $1,329,000 -- $354 / Sq Ft
Source: Northern Nevada Regional MLS

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 $9,641 $429,611 $271,250 $158,361
2024 $9,641 $412,748 $250,250 $162,498
2023 $9,362 $397,363 $241,500 $155,863
2022 $9,089 $312,500 $182,000 $130,500
2021 $8,418 $289,218 $157,500 $131,718
2020 $7,919 $282,785 $148,750 $134,035
2019 $6,844 $252,531 $141,750 $110,781
2018 $6,520 $249,627 $140,000 $109,627
2017 $6,245 $242,126 $133,000 $109,126
2016 $6,088 $234,460 $122,500 $111,960
2015 $1,528 $207,275 $105,000 $102,275
2014 $5,900 $181,736 $70,000 $111,736
2013 -- $179,790 $70,000 $109,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 240003677

Northern Nevada Regional MLS

APN: 044-283-02