NOT LISTED FOR SALE

Estimated Value: $549,000 - $1,073,000

0.51 Acre
$1,563,263 Price per Acre
22,216 Sq Ft Lot

Last Sold June 19, 2014

Last sale price $450,000

Est. 77% increase in value since last sale

Current estimated payment $5,059/month

372 Days on Market

Highlights

  • Panoramic View
  • Cul-De-Sac
  • Level Lot
  • Truckee Elementary School Rated A-
  • Greenbelt

About This Lot

As of June 2014

Unobstructed views to Lookout Mountain. A half acre site on the 100 acre meadow. One of the most convenient locations in Lahontan with a short walk to all amenities.

Last Agent to Sell the Property

Matt Gelso

Matt Gelso Real Estate License #00598842 Listed on: 05/24/2013

Last Buyer's Agent

Nancy DeNardi

At Home Realty License #01488174

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,883

Lot Details

  • 0.51 Acre Lot
  • Cul-De-Sac
  • Level Lot

HOA Fees

  • $233 Monthly HOA Fees

Property Views

  • Panoramic
  • Mountain
  • Meadow

Location

  • Design Review Required

Utilities

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

Community Details

  • $325 HOA Transfer Fee
  • Martis Valley Community
  • The community has rules related to covenants, conditions, and restrictions
  • Greenbelt

Property Details

Property Type

Land

Est. Annual Taxes

$5,883

Lot Details

0

HOA Fees

$233 per month

Listing Details

  • "Covenants: Y
  • Estimated Lot Size: .51-.755
  • Community: Martis Valley
  • Directions: Lodge Trail to Stewart McKay, 4th on right
  • Number of Acres: 0.51
  • Service Type: Full Service
  • Setting: GREENBELT
  • Sign: Y
  • SPCDISC: Architectural Review
  • Sub-Area: 7SO
  • Sub-Status: Standard
  • Topography: Level, Cul-de-sac
  • Zoning: R
  • Access Roads: Paved
  • Access Type: Private
  • Cross Street: Lodge Trail Dr
  • 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: Panoramic, Mountain, Ski Resort, Meadow

Utilities

  • Utilities at Street: Under Ground

Condo/Co-op/Association

  • HOA: Y
  • HOA Fees: 700.00
  • HOA Fee Frequency: Q
  • HOA Membership Mandatory: Y
  • HOA Transfer Fee: 325.00

Lot Info

  • Lot Number: 431
  • Lot Dimensions: .51

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2016
Sold by
Zech Ronald
Bought by
Zech Ronald
Current Estimated Value
$797,264

Purchase Details

Listed on
May 24, 2013
Closed on
Jun 10, 2014
Sold by
7470 Llc
Bought by
The Ronald & Gisela Zech Family Trust
Seller's Agent
Matt Gelso
Matt Gelso Real Estate
Buyer's Agent
Nancy DeNardi
At Home Realty
List Price
$469,000
Sold Price
$450,000
Premium/Discount to List
-$19,000
-4.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%

Purchase Details

Closed on
Jul 11, 2011
Sold by
Massi Albert D and Massi Eileen F
Bought by
7470 Llc

Purchase Details

Closed on
May 30, 2007
Sold by
Massi Albert D and Massi Eileen F
Bought by
Massi Albert D and Massi Eileen F

Purchase Details

Closed on
Mar 29, 2005
Sold by
Lspi Exchange Corp
Bought by
Massi Albert D and Massi Eileen F

Purchase Details

Closed on
Aug 10, 2004
Sold by
Gleason William A and Lincoln Suzanne L
Bought by
Lspi Exchange Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,610
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 2002
Sold by
Gleason William A and Gleason Suzanne L
Bought by
Gleason William A and Lincoln Suzanne L

Purchase Details

Closed on
Sep 27, 2002
Sold by
Lincoln Suzanne L and Gleason Suzanne L
Bought by
Lincoln Suzanne L
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
Zech Ronald -- None Available
The Ronald & Gisela Zech Family Trust $450,000 First American Title Company
7470 Llc -- None Available
Massi Albert D -- None Available
Massi Albert D -- Fidelity Title
Lspi Exchange Corp $400,000 Fidelity Title
Gleason William A -- --
Lincoln Suzanne L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lspi Exchange Corp $555,610
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2014 06/19/14 Sold $450,000 -4.1% --
05/31/2014 05/31/14 Pending -- -- --
05/24/2013 05/24/13 For Sale $469,000 -- --
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 $5,883 $500,000 $500,000 --
2023 $5,883 $525,000 $525,000 $0
2022 $5,966 $519,818 $519,818 $0
2021 $5,541 $509,626 $509,626 $0
2020 $5,616 $504,401 $504,401 $0
2019 $5,657 $494,511 $494,511 $0
2018 $5,454 $484,815 $484,815 $0
2017 $5,373 $475,309 $475,309 $0
2016 $5,348 $465,990 $465,990 $0
2015 $5,225 $458,991 $458,991 $0
2014 $1,283 $105,000 $105,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20131280

Tahoe Sierra Board of REALTORS®

APN: 109-070-010