NOT LISTED FOR SALE

Estimated Value: $3,879,000 - $4,493,386

0.79 Acre
$5,246,154 Price per Acre
34,412 Sq Ft Lot

Last Sold September 02, 2020

Last sale price $650,000

Est. 538% increase in value since last sale

Current estimated payment $25,674/month

168 Days on Market

About This Lot

As of September 2020

Spectacular home site in Montreux, a world-class gated golf community located in pristine forests of the Eastern Sierra. With stellar views of snow-capped peaks, this .79 acre vacant lot is flat, sunny and located on the 9th fairway of the Jack Nicklaus Signature Course. It's a quick walk to the fabulous club house that features fine dining, fitness/spa and golf amenities. It's a recreational paradise just minutes from beautiful Lake Tahoe and the bustling Cities of Reno and Sparks., Golf, Sports and Club House Memberships are available separately from Montreux.

Last Agent to Sell the Property

Greta Mestre

Dickson Realty - Damonte Ranch License #S.50984 Listed on: 02/29/2020

Dickson Realty - Damonte Ranch

Last Buyer's Agent

Monica Gore

Compass License #S.78395

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,029

Year Built

  • 2022

Lot Details

  • 0.79 Acre Lot
  • Property is zoned LDS

HOA Fees

  • $265 per month

Property Views

  • Ski Resort
  • Golf Course

Schools

  • Hunsberger Elementary School
  • Pine Middle School
  • Galena High School

Listing and Financial Details

  • Assessor Parcel Number 14818003

Property Details

Property Type

Land

Est. Annual Taxes

$2,029

Year Built

2022

Lot Details

0

HOA Fees

$265 per month

Listing Details

  • Property Type: Land
  • Horses: No
  • Road Frontage Type: Private Road, Other
  • Road Surface Type: Paved
  • Co List Office Mls Id: 824-o
  • Co List Office Phone: 775-850-7000
  • Directions: Bordeaux- L. De Chardin R. Gebser
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2022

Exterior Features

  • View: Golf Course, Mountain(s), Peek, Ski Resort, Trees/Woods

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Underground Utilities
  • Water Source: Public
  • Sewer: Public Sewer

Schools

  • Middle Or Junior School: Pine

Lot Info

  • Parcel Number: 14818003
  • Fencing: None
  • Lot Size Sq Ft: 34412.4
  • Crops Included: No
  • Zoning: LDS

Tax Info

  • Tax Annual Amount: 2029.0

MLS Schools

  • Elementary School: Hunsberger
  • HighSchool: Galena

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2022
Sold by
Stommel Family Trust
Bought by
Stommel Family Trust
Total Days on Market
168
Current Estimated Value
$4,144,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,426,955
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$2,717,507

Purchase Details

Listed on
Feb 29, 2020
Closed on
Aug 26, 2020
Sold by
Davis Richard V and Becherer Mary E
Bought by
Stommel James and Stommel Linda
Seller's Agent
Greta Mestre
Dickson Realty - Damonte Ranch
Buyer's Agent
Monica Gore
Compass
List Price
$690,000
Sold Price
$650,000
Premium/Discount to List
-$40,000
-5.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.82%

Purchase Details

Closed on
Jun 22, 2006
Sold by
Davis Md Richard V and Becherer Mary E
Bought by
Davis Md Richard V and Becherer Mary E

Purchase Details

Closed on
Jun 9, 2005
Sold by
Pitts Ouida J
Bought by
Pitts Thomas R

Purchase Details

Closed on
May 19, 2005
Sold by
Pitts Thomas R
Bought by
Davis Richard V and Becker Mary E

Purchase Details

Closed on
Jul 24, 2000
Sold by
Montreux Joint Venture
Bought by
Pitts Thomas R
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
Stommel Family Trust -- Ticor Title
Stommel James $650,000 First Centennial Reno
Davis Md Richard V -- None Available
Davis Md Richard V -- None Available
Pitts Thomas R -- Ticor Title Of Nevada Inc
Davis Richard V $672,000 Ticor Title Of Nevada Inc
Pitts Thomas R $85,000 Stewart Title Northern Nevad
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stommel Family Trust $1,500,000
Previous Owner Pitts Thomas R $400,000
Previous Owner Pitts Thomas R $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2020 09/02/20 Sold $650,000 -5.8% --
08/14/2020 08/14/20 Pending -- -- --
02/28/2020 02/28/20 For Sale $690,000 -- --
Source: Northern Nevada Regional MLS

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 $26,521 $997,378 $253,750 $743,628
2024 $26,521 $778,525 $227,500 $551,025
2023 $18,930 $346,266 $227,500 $118,766
2022 $5,500 $308,394 $210,000 $98,394
2021 $2,161 $201,982 $201,250 $732
2020 $2,029 $116,246 $115,500 $746
2019 $1,933 $105,729 $105,000 $729
2018 $1,844 $102,236 $101,500 $736
2017 $1,770 $138,537 $137,813 $724
2016 $1,726 $145,098 $144,375 $723
2015 $430 $104,861 $104,125 $736
2014 $1,667 $79,634 $78,750 $884
2013 -- $66,889 $66,150 $739
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 200002571

Northern Nevada Regional MLS

APN: 148-180-03