NOT LISTED FOR SALE

5001 Northstar Dr Unit 402 Truckee, CA 96161

South Truckee Neighborhood

Estimated Value: $2,515,000 - $2,795,972

4 Beds
3.5 Baths
2,534 Sq Ft
$1,921/mo HOA Fee

Last Sold December 18, 2023

Last sale price $2,700,000 $1,066 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $18,842/month

89 Days on Market

Highlights

  • Fitness Center
  • Ski Trails
  • Living Room with Fireplace
  • Truckee Elementary School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of December 2023

Indulge in the epitome of mountain village living, where luxury meets practicality, and nature's grandeur meets sophisticated design. This Fourth Floor Great Bear Lodge Residence in The Village at Northstar is more than a residence; it's an invitation to experience bespoke finishes and furnishings overlooking the vibrant ice rink and year-round resort activities. Every detail exudes sophistication, with carefully curated high-quality luxe furnishings that complement the expansive layout. Natural light floods the interior, illuminating the space and accentuating the captivating views that surround. This spacious 4-bedroom, 3.5-bath Residence redefines luxury living. Throughout the space, the unique beauty of reclaimed lumber features adds a touch of rustic elegance. Custom-crafted light fixtures further enhance the ambiance, creating an inviting atmosphere for all. Step into a culinary paradise as the gourmet kitchen boasts top-of-the-line Wolf and Sub-Zero appliances, ensuring every culinary endeavor is a masterpiece. The handcrafted "secret" bunk room room will delight the youngest guests. Embrace the art of simplicity with the convenience of a private elevator, seamlessly connecting the heated underground parking to the Residence. This thoughtful design enhances privacy, making each entrance a discreet arrival to your mountain haven. Private ski lockers provide a seamless experience, mere steps away from the gondola. The residence is not just a home; it's a gateway to adventure. Complete with a proven rental history that makes it an attractive investment, this condo is offered turn-key, ensuring a smooth transition for new owners to come and enjoy Christmas, New Years, MLK, and President's week!

Last Agent to Sell the Property

Samantha Swigard

Sierra Sotheby's Int - Rock License #01252550 Listed on: 08/30/2023

Sierra Sotheby's Int - Rock

Last Buyer's Agent

Tori Long

Carr Long Real Estate License #01372393

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $35,306

Year Built

  • Built in 2005

Lot Details

  • 0.58

HOA Fees

  • $1,921 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Mountain Architecture

Interior Spaces

  • 2,534 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Living Room with Fireplace

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3.5 Bathrooms

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Outdoor Features

  • Deck

Community Details

Overview

  • Great Bear Lodge Condos
  • Northstar Community

Recreation

  • Fitness Center
  • Community Pool
  • Ski Trails

Property Details

Home Type

Condominium

Est. Annual Taxes

$35,306

Year Built

Built in 2005

Lot Details

0

HOA Fees

$1,921 per month

Listing Details

  • Age: 15-20 Years
  • Estimated Lot Size: 0 - .255
  • Community: Northstar
  • Service Type: Full Service
  • Setting: Ski Trail
  • Sub-Area: 7NS
  • Sub-Status: Standard
  • Year Built: 2005
  • Other: Rental History, Ski In/Ski Out, Air Conditioning
  • Estimated Sq Ft: ASSESSOR
  • Architecture: Mountain
  • Building Name: Great Bear Lodge
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Handicap Friendly: Elevator
  • Heating: CFAH
  • Estimated Sq Ft: 2534
  • Stories: One
  • Water: Utility District
  • Appliances: Range, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Fireplace: Living Room, Gas Fireplace
  • Furnished: Mostly
  • Bathrooms: 3.5
  • Bedrooms: 4
  • Floor Coverings: Carpet, Wood, Tile

Exterior Features

  • View: Ski Resort
  • Decks: 1
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: One

Utilities

  • Laundry: Hall

Condo/Co-op/Association

  • HOA Amenities: Pool, Exercise Equipment
  • HOA Fees: 5763
  • HOA Fee Frequency: qrt
  • HOA Membership: Y

Fee Information

  • Private Transfer Fee Amount: 1.75%
  • Private Transfer Fee YN: Y
  • Mello Roos Fees: Y

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2023
Closed on
Dec 7, 2023
Sold by
Gee Christopher S and Gee Juliana
Bought by
Leslie And Heather Stretch 2014 Trust and Stretch
Seller's Agent
Samantha Swigard
Sierra Sotheby's Int - Rock
Buyer's Agent
Tori Long
Carr Long Real Estate
List Price
$2,995,000
Sold Price
$2,700,000
Premium/Discount to List
-$295,000
-9.85%
Views
14
Current Estimated Value
$2,670,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,257
Avg. Annual Appreciation
-0.58%

Purchase Details

Listed on
May 4, 2021
Closed on
Jun 7, 2021
Sold by
Schaeffer David S and Schaeffer Amy B
Bought by
Gee Christopher S and Park Juliana
Seller's Agent
Kirstin Horn
Coldwell Banker Realty
Buyer's Agent
Christine Morrison
Home and Slate Real Estate
List Price
$2,250,000
Sold Price
$2,305,000
Premium/Discount to List
$55,000
2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.48%

Purchase Details

Closed on
Jan 20, 2016
Sold by
Schaeffer David S
Bought by
The David & Amy Schaeffer Community Prop

Purchase Details

Listed on
May 1, 2013
Closed on
Jun 18, 2013
Sold by
Speiser Michael L and Speiser Mary Elizabeth
Bought by
Schaeffer David S
Seller's Agent
Doug Flynn
Tahoe Truckee Homes Inc
Buyer's Agent
Jane Sheppard, CRS
Coldwell Banker Realty
List Price
$1,795,000
Sold Price
$1,725,000
Premium/Discount to List
-$70,000
-3.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.60%

Purchase Details

Closed on
Jun 8, 2010
Sold by
Speiser Michael L and Speiser Mary
Bought by
Speiser Michael L and Speiser Mary Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.03%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 11, 2010
Sold by
Exclusive Resorts Ltb Llc
Bought by
Speiser Michael L and Speiser Mary Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.03%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 26, 2005
Sold by
Northstar Iron Horse Llc
Bought by
Exclusive Resorts Lt8 Llc
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
Leslie And Heather Stretch 2014 Trust $2,700,000 First American Title
Gee Christopher S $2,305,000 First American Title Company
The David & Amy Schaeffer Community Prop -- None Available
Schaeffer David S $1,725,000 Placer Title Company
Speiser Michael L -- North American Title Co Inc
Speiser Michael L -- North American Title Co Inc
Speiser Michael L $1,750,000 Fidelity Natl Title Co Of Ca
Exclusive Resorts Lt8 Llc $2,252,500 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Speiser Michael L $600,000
Closed Exclusive Resorts Lt8 Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2023 12/18/23 Sold $2,700,000 -6.7% $1,066 / Sq Ft
11/27/2023 11/27/23 Pending -- -- --
10/22/2023 10/22/23 Price Changed $2,895,000 -3.3% $1,142 / Sq Ft
08/30/2023 08/30/23 For Sale $2,995,000 +29.9% $1,182 / Sq Ft
06/11/2021 06/11/21 Sold $2,305,000 +2.4% $910 / Sq Ft View Prior Sale
05/12/2021 05/12/21 Pending -- -- --
05/04/2021 05/04/21 For Sale $2,250,000 +30.4% $888 / Sq Ft
06/27/2013 06/27/13 Sold $1,725,000 -3.9% $681 / Sq Ft View Prior Sale
05/31/2013 05/31/13 Pending -- -- --
05/01/2013 05/01/13 For Sale $1,795,000 -- $708 / 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 $35,306 $2,733,600 $1,224,000 $1,509,600
2023 $35,306 $2,280,600 $1,039,000 $1,241,600
2022 $31,339 $2,280,600 $1,039,000 $1,241,600
2021 $26,996 $1,962,440 $773,600 $1,188,840
2020 $27,142 $1,942,318 $765,668 $1,176,650
2019 $27,203 $1,904,234 $750,655 $1,153,579
2018 $26,320 $1,866,897 $735,937 $1,130,960
2017 $25,877 $1,830,292 $721,507 $1,108,785
2016 $25,679 $1,794,405 $707,360 $1,087,045
2015 $25,079 $1,767,452 $696,735 $1,070,717
2014 $24,873 $1,732,831 $683,087 $1,049,744
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20231636

Tahoe Sierra Board of REALTORS®

APN: 103-030-017