NOT LISTED FOR SALE

3955 Summit Rd Carnelian Bay, CA 96140

South Truckee Neighborhood

Estimated Value: $1,625,000 - $1,728,000

5 Beds
3 Baths
-- Sq Ft
0.27 Acres

Last Sold July 30, 2012

Last sale price $606,000

Est. 175% increase in value since last sale

Current estimated payment $9,551/month

8 Days on Market

About This Home

As of July 2012

Bank of America Home Loans Prequalification required on all offers • Please allow 2-3 business days for seller response. This home has some filtered views of lake tahoe and was partially remodeled. Master bedroom has deck with some views, and sitting area with fireplace. Main living area has large windows to enjoy sunny front deck. Wine cellar area off the garage.

Last Agent to Sell the Property

Kelly Smith

Centr-21 Tahoe North, Realtors License #01100871 Listed on: 05/31/2012

Last Buyer's Agent

Alex Min

Sierra Sotheby's Int Realty TC License #01376026

Sierra Sotheby's Int Realty TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,755

Lot Details

  • 0.27

Parking

  • 2 Car Garage

Home Design

  • Mountain Architecture

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Community Details

  • North Laketahoe Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,755

Lot Details

0

Listing Details

  • Age: 30+ Years
  • Estimated Lot Size: 0 - .255
  • Community: North LakeTahoe
  • Service Type: Full Service
  • Setting: Street
  • Sub-Area: 2SO
  • Sub-Status: REO
  • Architecture: Mountain
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Stories: Two
  • Furnished: None
  • Bathrooms: 3
  • Bedrooms: 5

Exterior Features

  • Construction Phase: FINISHED

Garage/Parking

  • Garage: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2013
Sold by
Trotter Mark S and Martello Linda B
Bought by
Trotter Mark and Martello Linda
Current Estimated Value
$1,663,753

Purchase Details

Listed on
May 31, 2012
Closed on
Jun 18, 2012
Sold by
The Bank Of New York Mellon
Bought by
Trotter Mark S and Martello Linda B
Seller's Agent
Kelly Smith
Centr-21 Tahoe North, Realtors
Buyer's Agent
Alex Min
Sierra Sotheby's Int Realty TC
List Price
$503,900
Sold Price
$606,000
Premium/Discount to List
$102,100
20.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.94%
Original Mortgage
$417,000
Outstanding Balance
$286,544
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$1,377,209

Purchase Details

Closed on
Apr 2, 2012
Sold by
Ritter Sally Jo
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Sep 2, 2009
Sold by
Ritter Sally Jo
Bought by
Ritter Timothy

Purchase Details

Closed on
Apr 4, 2003
Sold by
Ritter Tim
Bought by
Ritter Sally Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2002
Sold by
Carlson Garrett
Bought by
Carlson Garrett and Carlson Carol

Purchase Details

Closed on
Jul 11, 2001
Sold by
Boyd Peter A
Bought by
Carlson Garrett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,000
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 6, 2000
Sold by
Leininger Robert F & Sandra Trustees
Bought by
Boyd Peter A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
13.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 1996
Sold by
Leininger Robert F and Leininger Sandra
Bought by
Leininger Robert F and Leininger Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
8.03%
Mortgage Type
Purchase Money Mortgage
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
Trotter Mark -- None Available
Trotter Mark S $606,000 Chicago Title Company
The Bank Of New York Mellon $541,800 Landsafe Title
Ritter Timothy -- None Available
Ritter Sally Jo -- First American Title
Ritter Sally Jo $760,000 First American Title
Carlson Garrett -- Fidelity National Title Co
Carlson Garrett $650,000 Fidelity National Title Co
Carlson Garrett -- Fidelity National Title Co
Boyd Peter A $340,000 First American Title Ins Co
Leininger Robert F -- --
Leininger Robert F -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trotter Mark S $417,000
Previous Owner Ritter Sally Jo $608,000
Previous Owner Carlson Garrett $485,000
Previous Owner Boyd Peter A $305,000
Previous Owner Leininger Robert F $197,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2012 07/30/12 Sold $606,000 +20.3% --
06/08/2012 06/08/12 Pending -- -- --
05/31/2012 05/31/12 For Sale $503,900 -- --
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 $8,755 $746,233 $184,707 $561,526
2023 $8,755 $717,258 $177,536 $539,722
2022 $8,445 $703,195 $174,055 $529,140
2021 $8,135 $689,408 $170,643 $518,765
2020 $8,136 $682,340 $168,894 $513,446
2019 $8,210 $668,962 $165,583 $503,379
2018 $7,689 $655,846 $162,337 $493,509
2017 $7,542 $642,987 $159,154 $483,833
2016 $7,457 $630,381 $156,034 $474,347
2015 $7,308 $620,913 $153,691 $467,222
2014 $7,098 $608,751 $150,681 $458,070
Source: Public Records

Agents Affiliated with this Home

  • Kelly Smith

    Seller's Agent in 2012

    Kelly Smith

    Centr-21 Tahoe North, Realtors

    (530) 386-3379

    11 in this area

    140 Total Sales

    Kelly Smith
    Section Image
  • Alex Min

    Buyer's Agent in 2012

    Alex Min

    Sierra Sotheby's Int Realty TC

    (530) 320-7232

    7 in this area

    77 Total Sales

    Alex Min
    Section Image
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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20121227

Tahoe Sierra Board of REALTORS®

APN: 092-072-006

California Placer County Carnelian Bay 96140 South Truckee

3955 Summit Rd, Carnelian Bay, CA

This home is located at 3955 Summit Rd, Carnelian Bay, CA 96140 since 31 May 2012 and is currently estimated at $1,663,753. 3955 Summit Rd is a home located in Placer County with nearby schools including North Tahoe School, Tahoe Lake Elementary School, and North Tahoe High School.

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