NOT LISTED FOR SALE

Estimated Value: $3,340,000 - $4,771,000

0.5 Acre
$8,111,000 Price per Acre
21,780 Sq Ft Lot

Last Sold June 30, 2020

Last sale price $195,000

Est. 1,980% increase in value since last sale

Current estimated payment $25,103/month

3 Days on Market

Highlights

  • View of Trees or Woods
  • Corner Lot
  • 1-minute walk to Martis Camp Park
  • Truckee Elementary School Rated A-
  • Cul-De-Sac

About This Lot

As of June 2020

Beautiful .5 acre homesite that is situated on the corner of John Moody cul de sac and Lahontan Dr. Enjoy morning and midday sun with peek views of Lookout Mtn ski runs, the 5th green and 6th hole of the golf course. Level building envelope for development of a new mountain retreat. Centrally located in the community for access to the lovely Lahontan Club amenities.

Last Agent to Sell the Property

Mary Jo Johnson

Martis Camp Realty, Inc. License #01758959 Listed on: 06/14/2020

Last Buyer's Agent

Tamara Grosvenor

COMPASS License #01384595

COMPASS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $28,052

Lot Details

  • 0.5 Acre Lot
  • Cul-De-Sac
  • Corner Lot
  • Level Lot

HOA Fees

  • $303 Monthly HOA Fees

Property Views

  • Woods
  • Mountain

Location

  • Design Review Required

Utilities

  • Underground Utilities
  • Gas Available
  • Utility District
  • Cable TV Available

Community Details

  • $400 HOA Transfer Fee
  • Martis Valley Community
  • The community has rules related to covenants, conditions, and restrictions

Property Details

Property Type

Land

Est. Annual Taxes

$28,052

Lot Details

0

HOA Fees

$303 per month

Listing Details

  • "Covenants: Y
  • Estimated Lot Size: .26-.5
  • Community: Martis Valley
  • Directions: Go thru gate then R on Lahontan Dr, site on L at John Moody corner
  • Number of Acres: 0.5
  • Optional Financing: None
  • Service Type: Full Service
  • Setting: STREET
  • Sign: Y
  • SPCDISC: Architectural Review
  • Sub-Area: 7SO
  • Sub-Status: Standard
  • Topography: Level, Corner, Cul-de-sac
  • Zoning: r-1
  • Access Type: Private
  • Sewer: Utility District
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Cable TV: At Property
  • Electric: At Property
  • Gas: At Property
  • Phone: At Property
  • Water: Utility District

Exterior Features

  • View: Peek, Wooded, Mountain, Golf, Ski Resort

Utilities

  • Utilities at Street: Under Ground

Condo/Co-op/Association

  • HOA: Y
  • HOA Fees: 910
  • HOA Fee Frequency: Q
  • HOA Membership Mandatory: Y
  • HOA Transfer Fee: 400

Lot Info

  • Lot Number: 27
  • Lot Dimensions: IRR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2020
Closed on
Jun 26, 2020
Sold by
Lynch David Michael and Lynch Julie Keiko
Bought by
Gaynor Paul and Gaynor Marie
Seller's Agent
Mary Jo Johnson
Martis Camp Realty, Inc.
Buyer's Agent
Tamara Grosvenor
COMPASS
List Price
$199,000
Sold Price
$195,000
Premium/Discount to List
-$4,000
-2.01%
Current Estimated Value
$4,055,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,860,500
Avg. Annual Appreciation
82.39%

Purchase Details

Closed on
May 29, 2009
Sold by
Us Bank Na
Bought by
Lynch David Michael and Lynch Julie Keiko Furiya

Purchase Details

Closed on
Aug 13, 2008
Sold by
Omeara Thomas Joseph and Omeara Nanette R
Bought by
U S Bank Na

Purchase Details

Closed on
Jun 27, 2006
Sold by
Omeara Thomas Joseph and Omeara Nanette R
Bought by
Omeara Thomas Joseph and Omeara Nanette R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.57%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 21, 2000
Sold by
Bezek George M & Matilda L Trustees
Bought by
Omeara Thomas J and Omeara Nanette R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
10.25%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 9, 1997
Sold by
Lahontan Llc
Bought by
Peak Three Aquisition Llc
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
Gaynor Paul $195,000 First American Title Company
Lynch David Michael $133,500 First American Title Company
U S Bank Na $212,049 Service Link
Omeara Thomas Joseph -- First American Title
Omeara Thomas J $270,000 First American Title Ins Co
Peak Three Aquisition Llc $135,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Omeara Thomas Joseph $60,000
Previous Owner Omeara Thomas Joseph $185,000
Previous Owner Omeara Thomas J $189,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2020 06/30/20 Sold $195,000 -2.0% --
06/17/2020 06/17/20 Pending -- -- --
06/14/2020 06/14/20 For Sale $199,000 -- --
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 $28,052 $5,570,265 $470,265 $5,100,000
2023 $28,052 $525,000 $247,000 $278,000
2022 $5,137 $443,143 $443,143 $0
2021 $4,748 $434,454 $434,454 $0
2020 $1,862 $157,189 $157,189 $0
2019 $1,875 $154,107 $154,107 $0
2018 $1,803 $151,086 $151,086 $0
2017 $1,777 $148,124 $148,124 $0
2016 $1,769 $145,220 $145,220 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20201320

Tahoe Sierra Board of REALTORS®

APN: 108-050-016