NOT LISTED FOR SALE

298 Falling Water Portola, CA 96122

Estimated Value: $733,000 - $820,000

3 Beds
2.5 Baths
2,494 Sq Ft
$306/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $595,000 $239 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,898/month

396 Days on Market

Highlights

  • Golf Course Community
  • Living Room with Fireplace
  • Mountain Architecture
  • View of Trees or Woods
  • Stream or River on Lot
  • Mud Room

About This Home

As of August 2020

Exceptional Home! The spectacular views of the river & canyon from the rear of the parcel are breathtaking! This beautiful property is located in the gated golf course community of Nakoma at Gold Mountain and offers approx. 2,494 sf of main living area on one floor w/separate library/den. Features 3 bedrms, 2.5 baths, great room with impressive stone fireplace, & much more. $10,000 transferrable social membership is included. http://www.tahoemls.com/wp-content/uploads/2020/05/Pictogram-2-Page.pdf

Last Agent to Sell the Property

Nicki Deardorff

Coldwell Banker Realty License #01010677 Listed on: 06/04/2019

Coldwell Banker Realty

Last Buyer's Agent

0 NON-MEMBER

NON Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,198

Year Built

  • Built in 2003

Lot Details

  • 1 Acre Lot
  • Gentle Sloping Lot

Home Design

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

Interior Spaces

  • 2,494 Sq Ft Home
  • 1-Story Property
  • Furniture Can Be Negotiated
  • Mud Room
  • Living Room with Fireplace
  • Den
  • Carpet
  • Views of Woods

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Stream or River on Lot

Utilities

  • Heating System Uses Propane
  • Septic System

Community Details

Overview

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,198

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Age: 5-10 Years
  • Estimated Lot Size: .76 - 1.50
  • Community: SurroundingArea
  • Directions: Call listing agent for directions, gate code, lockbox code.
  • Number of Acres: 1
  • Service Type: Full Service
  • Setting: River/Creek
  • Sub-Area: 11P
  • Sub-Status: Standard
  • Topography: Gentle
  • Year Built: 2003
  • Other: High Speed Internet
  • Sewer: Septic
  • Estimated Sq Ft: ASSESSOR
  • Architecture: Mountain
  • Property Condition: Used
  • Sign YN: Y
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Heating: Propane, Geo Thermal
  • Estimated Sq Ft: 2494
  • Stories: One
  • Gas: Propane
  • Water: Utility District
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Bonus Rooms: Den, Mud Room
  • Fireplace: Living Room
  • Furnished: Negotiable
  • Bathrooms: 2.5
  • Bedrooms: 3
  • Floor Coverings: Carpet, Other, Tile

Exterior Features

  • View: Wooded, River/Creek
  • Construction Exterior: Masonry, Wooded
  • Foundation: Perim Concrete
  • Roof: Composition
  • Construction Phase: FINISHED

Garage/Parking

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

Utilities

  • Laundry: Room

Condo/Co-op/Association

  • HOA Amenities: Golf, Other/See Remarks
  • HOA Membership: Y
  • HOA Website: http://www.goldmountainhoa.org/home.asp

Lot Info

  • Lot Number: 67

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2019
Closed on
Aug 3, 2020
Sold by
Hertel Joseph W and Hertel Judith A
Bought by
Brecht Glendon J and Brecht Janine K
Seller's Agent
Nicki Deardorff
Coldwell Banker Realty
Buyer's Agent
0 NON-MEMBER
NON Member
List Price
$595,000
Sold Price
$595,000
Current Estimated Value
$785,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,048
Avg. Annual Appreciation
7.07%

Purchase Details

Listed on
Apr 11, 2015
Closed on
Jan 11, 2016
Sold by
Niford Chester R and Noyes Diane
Bought by
Hertel Family Trust
Seller's Agent
PATTY VEITH
MOHAWK VALLEY ASSOC, B
Buyer's Agent
Nicki Deardorff
COLDWELL BANKER REALTY (Truckee)
List Price
$539,000
Sold Price
$501,000
Premium/Discount to List
-$38,000
-7.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.84%
Original Mortgage
$400,800
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2008
Sold by
Niford Chester R and Niford Diane Noyes
Bought by
Niford Chester R and Noyes Diane

Purchase Details

Closed on
Nov 27, 2007
Sold by
Niford Diane Noyes and Niford Chester R
Bought by
Niford Chester R and Niford Diane Noyes

Purchase Details

Closed on
Oct 9, 2007
Sold by
Hall Diane Lynne and Niford Chester R
Bought by
Hall Diane Lynne and Niford Chester R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.61%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 24, 2007
Sold by
Hall Diane L
Bought by
Hall Diane Lynne and Niford Chester R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.61%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 20, 2006
Sold by
Hall Philip L and Hall Diane N
Bought by
Hall Philip L and Hall Diane L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2003
Sold by
Hall Philip Lynn and Hall Diane Noyes
Bought by
Hall Philip L and Hall Diane N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
5.71%
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
Brecht Glendon J $595,000 Cal Sierra Title Company
Hertel Family Trust $501,000 Cal Sierra Title Company
Niford Chester R -- None Available
Niford Chester R -- Cal Sierra Title Company
Hall Diane Lynne -- Cal Sierra Title Company
Hall Diane Lynne -- Cal Sierra Title Company
Hall Diane L -- Cal Sierra Title Company
Hall Philip L -- Fidelity Natl Title Co Of Ca
Hall Philip L -- Fidelity Natl Title Co Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hertel Family Trust $400,800
Previous Owner Niford Chester R $409,000
Previous Owner Hall Diane Lynne $417,000
Previous Owner Hall Philip L $650,000
Previous Owner Hall Philip L $60,000
Previous Owner Hall Philip L $425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2020 08/07/20 Sold $595,000 0.0% $239 / Sq Ft
07/04/2020 07/04/20 Pending -- -- --
06/19/2020 06/19/20 For Sale $595,000 -3.3% $239 / Sq Ft
02/26/2020 02/26/20 Pending -- -- --
06/04/2019 06/04/19 For Sale $615,000 +22.8% $247 / Sq Ft
01/15/2016 01/15/16 Sold $501,000 -7.1% $201 / Sq Ft
11/30/2015 11/30/15 Pending -- -- --
04/11/2015 04/11/15 For Sale $539,000 -- $216 / 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 $7,198 $644,046 $97,418 $546,628
2023 $7,198 $619,038 $93,636 $525,402
2022 $6,874 $606,900 $91,800 $515,100
2021 $6,672 $595,000 $90,000 $505,000
2020 $6,297 $542,296 $64,945 $477,351
2019 $6,171 $531,664 $63,672 $467,992
2018 $5,909 $521,240 $62,424 $458,816
2017 $5,874 $511,020 $61,200 $449,820
2016 $3,856 $349,406 $25,000 $324,406
2015 $3,856 $349,406 $25,000 $324,406
2014 $3,856 $349,406 $25,000 $324,406
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20191336

Tahoe Sierra Board of REALTORS®

APN: 131-130-011-000