NOT LISTED FOR SALE

3960 Summit Rd Carnelian Bay, CA 96140

South Truckee Neighborhood

Estimated Value: $876,000 - $986,000

3 Beds
2 Baths
1,096 Sq Ft
$839/Sq Ft Est. Value

Last Sold January 25, 2013

Last sale price $417,000 $380 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $5,408/month

8 Days on Market

Highlights

  • View of Trees or Woods
  • Deck
  • Wood Flooring
  • North Tahoe School Rated A
  • Living Room with Fireplace
  • Mountain Architecture

About This Home

As of January 2013

This charming extensively remodeled mountain home offers a great opportunity with over-sized wrap around entertainment deck, beautiful lake views, and central north shore location. The seller stripped the home back to the studs and rebuilt with quality modern materials and high-end finishes throughout. Not the typical cabin in the woods offered in this price point; a must see!

Last Agent to Sell the Property

Michael Oliver

Berkshire Hathaway HomeService License #01233767 Listed on: 12/21/2012

Berkshire Hathaway HomeService

Last Buyer's Agent

Bob Valletta

The Brokerage 360 License #00949588

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,421

Year Built

  • Built in 1958 | Remodeled

Lot Details

  • 0.27 Acre Lot
  • Lot Sloped Down

Home Design

  • Mountain Architecture
  • Wood Siding

Interior Spaces

  • 1,096 Sq Ft Home
  • 2-Story Property
  • Furniture Can Be Negotiated
  • Living Room with Fireplace
  • Views of Woods
  • Alarm System

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Parking Pad

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Natural Gas
  • Utility District

Community Details

  • North Laketahoe Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,421

Year Built

Built in 1958 | Remodeled

Lot Details

0

Listing Details

  • Age: 50+ Years
  • Alarm YN: Y
  • Estimated Lot Size: .26 - .5
  • Community: North LakeTahoe
  • Directions: Old County to Summit on right half way down w/ big lake view.
  • Number of Acres: 0.27
  • Service Type: Full Service
  • Setting: Street
  • Sub-Area: 2SO
  • Sub-Status: Standard
  • Topography: Downslope, Gentle
  • Year Built: 1958
  • Sewer: Utility District
  • Estimated Sq Ft: ASSESSOR
  • Architecture: Mountain
  • Property Condition: Extensive Remodel
  • Sign YN: Y
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Heating: Natural Gas, Electric
  • Estimated Sq Ft: 1096
  • Stories: Two
  • Gas: Natural
  • Water: Water Company
  • Appliances: Range, Oven, Refrigerator, Washer, Dryer
  • Fireplace: Living Room
  • Furnished: Negotiable
  • Bathrooms: 2
  • Bedrooms: 3
  • Floor Coverings: Carpet, Tile, Wood

Exterior Features

  • View: Lake, Wooded
  • Construction Exterior: Framed, Wooded
  • Decks: 1
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: None
  • Garage/Parking: Parking Pad

Lot Info

  • Lot Number: 118

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2012
Closed on
Jan 23, 2013
Sold by
Raney Daniel T and Raney Vicki Mm
Bought by
Neal William Lee and Neal Laura Kay
Seller's Agent
Michael Oliver
Berkshire Hathaway HomeService
Buyer's Agent
Bob Valletta
The Brokerage 360
List Price
$415,000
Sold Price
$417,000
Premium/Discount to List
$2,000
0.48%
Current Estimated Value
$919,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$502,046
Avg. Annual Appreciation
6.40%
Original Mortgage
$333,600
Outstanding Balance
$230,974
Interest Rate
3.28%
Mortgage Type
New Conventional
Estimated Equity
$688,072

Purchase Details

Closed on
Apr 19, 2010
Sold by
Raney Daniel T and Raney Vicki M
Bought by
Raney Daniel T and Raney Vicki M

Purchase Details

Closed on
Apr 14, 2009
Sold by
The Mechanics Bank
Bought by
Raney Daniel T and Raney Vicki M

Purchase Details

Closed on
Nov 22, 1996
Sold by
Charter Beverly B
Bought by
Charter Beverly B
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
Neal William Lee $417,000 First American Title Company
Raney Daniel T -- None Available
Raney Daniel T $355,500 Fidelity National Title
Charter Beverly B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neal William Lee $333,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2013 01/25/13 Sold $417,000 +0.5% $380 / Sq Ft
12/29/2012 12/29/12 Pending -- -- --
12/21/2012 12/21/12 For Sale $415,000 -- $379 / 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 $6,421 $513,495 $246,282 $267,213
2023 $6,421 $493,557 $236,719 $256,838
2022 $6,150 $483,880 $232,078 $251,802
2021 $5,931 $474,393 $227,528 $246,865
2020 $5,929 $469,529 $225,195 $244,334
2019 $5,979 $460,324 $220,780 $239,544
2018 $5,516 $451,299 $216,451 $234,848
2017 $5,412 $442,451 $212,207 $230,244
2016 $5,350 $433,777 $208,047 $225,730
2015 $5,244 $427,262 $204,922 $222,340
2014 $5,096 $418,893 $200,908 $217,985
Source: Public Records

Agents Affiliated with this Home

  • Michael Oliver

    Seller's Agent in 2013

    Michael Oliver

    Berkshire Hathaway HomeService

    (530) 581-1100

    5 Total Sales

    Michael Oliver
    Section Image
  • Bob Valletta

    Buyer's Agent in 2013

    Bob Valletta

    The Brokerage 360

    (916) 705-2117

    60 Total Sales

    Bob Valletta
    Section Image
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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20122789

Tahoe Sierra Board of REALTORS®

APN: 092-073-005

California Placer County Carnelian Bay 96140 South Truckee

3960 Summit Rd, Carnelian Bay, CA

This home is located at 3960 Summit Rd, Carnelian Bay, CA 96140 since 21 December 2012 and is currently estimated at $919,046, approximately $838 per square foot. This property was built in 1958. 3960 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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