NOT LISTED FOR SALE

Estimated Value: $4,833,000 - $5,683,000

5 Beds
6 Baths
5,630 Sq Ft
$925/Sq Ft Est. Value

Last Sold July 22, 2021

Last sale price $4,600,000 $817 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $31,884/month

47 Days on Market

Highlights

  • Golf Course Community
  • Two Primary Bedrooms
  • Gated Community
  • Truckee Elementary School Rated A-
  • Panoramic View
  • Living Room with Fireplace

About This Home

As of July 2021

Tahoe Classic embracing pano south-facing views overlooking 17th fairway, dramatic LookoutMtn backdrop on .76 acre. Vault ceilings, spacious gathering areas, light & airy throughout. 5BR ensuite, (2).5BA. Master suite, 2 guest suites main level, large dorm room/rec area, guest master upstairs. Spacious office/den/library. 2 laundry. Stone & log accents exude grand mountain character, style & comfort. Multi-decks, patios, spa, fire pit. Furnished with minor exclusions. Golf membership available. Impeccable!

Last Agent to Sell the Property

Anne Dain

Martis Valley Associates License #00829840 Listed on: 05/06/2021

Last Buyer's Agent

Matt Gelso

Matt Gelso Real Estate License #00598842

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $51,765

Year Built

  • Built in 2001

Lot Details

  • 0.76 Acre Lot
  • Level Lot

HOA Fees

  • $325 Monthly HOA Fees

Property Views

  • Panoramic
  • Mountain

Home Design

  • Mountain Architecture
  • Composition Roof
  • Metal Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,630 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Great Room
  • Living Room with Fireplace
  • Breakfast Room
  • Home Office
  • Alarm System

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Double Master Bedroom
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Hall
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Multiple Outdoor Decks

Utilities

  • Hydronic Heating System
  • Heating System Uses Natural Gas
  • Utility District

Community Details

Overview

  • $400 HOA Transfer Fee
  • Martis Valley Community

Recreation

  • Golf Course Community

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$51,765

Year Built

Built in 2001

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Age: 20+ Years
  • Estimated Lot Size: .76 - 1.50
  • Community: Martis Valley
  • Directions: Through gate, L Lahontan Dr, past Dick Barter, on R
  • Number of Acres: 0.76
  • Service Type: Full Service
  • Setting: Golf
  • Sub-Area: 7SO
  • Sub-Status: Standard
  • Topography: Level, Downslope, Gentle
  • Year Built: 2001
  • Other: Pantry, High Ceilings, Phone, Cable TV, High Speed Internet, Hot Tub
  • Sewer: Utility District
  • Estimated Sq Ft: PLANS
  • Architecture: Mountain
  • Gated: To Subdivision
  • Property Condition: Like New
  • Security: Alarm System
  • Sign YN: Y
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Heating: Natural Gas, Hydronic
  • Estimated Sq Ft: 5630
  • Stories: Two
  • Water Company: Utility Co
  • Gas: Natural
  • Water: Utility District
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher, Compact, Refrigerator, Washer, Dryer
  • Bonus Rooms: Great Room, Office, Breakfast Room, 2 Or More Master Bedrooms
  • Fireplace: Living Room, Gas Fireplace, Stone
  • Furnished: Mostly
  • Bathrooms: 6
  • Bedrooms: 5
  • Floor Coverings: Carpet, Wood, Stone, Tile

Exterior Features

  • View: Panoramic, Mountain, Golf, Ski Resort
  • Construction Exterior: Framed, Wooded
  • Foundation: Perim Concrete
  • Roof: Composition, Metal
  • Decks: 3 or more
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: Two
  • Garage/Parking: Attached, Heated, Gar Door Opener

Utilities

  • Laundry: Room, Hall

Condo/Co-op/Association

  • HOA Fees: 975
  • HOA Fee Frequency: Qtr
  • HOA Transfer Fee: 400
  • HOA Membership: Y

Lot Info

  • Lot Number: 322

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
Jul 19, 2021
Sold by
Jaffe Ross A and Jaffe Eve E
Bought by
Howell Stephen M and Howell Lydia P
Seller's Agent
Anne Dain
Martis Valley Associates
Buyer's Agent
Matt Gelso
Matt Gelso Real Estate
List Price
$4,995,000
Sold Price
$4,600,000
Premium/Discount to List
-$395,000
-7.91%
Current Estimated Value
$5,205,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$605,244
Avg. Annual Appreciation
2.94%

Purchase Details

Closed on
Mar 9, 2006
Sold by
Esbberk Enterprises Lp
Bought by
Jaffe Ross A and Jaffe Eve E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 1, 2005
Sold by
Berkley Llc
Bought by
Esbberk Enterprises Lp

Purchase Details

Closed on
Feb 1, 2004
Sold by
Jhb Trust I
Bought by
Berkley Llc

Purchase Details

Closed on
Sep 28, 1999
Sold by
Balousek John B and Balousek Kathleen
Bought by
Berkley Jeffrey and Berkley Heidi L
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
Howell Stephen M $4,600,000 First American Title Company
Jaffe Ross A $3,650,000 Fidelity Natl Title Co Of Ca
Esbberk Enterprises Lp -- None Available
Berkley Llc -- --
Berkley Jeffrey $695,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jaffe Ross A $2,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2021 07/22/21 Sold $4,600,000 -7.9% $817 / Sq Ft
06/22/2021 06/22/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $4,995,000 -- $887 / 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 $51,765 $4,881,556 $902,026 $3,979,530
2023 $51,765 $4,677,000 $864,000 $3,813,000
2022 $50,854 $4,600,000 $850,000 $3,750,000
2021 $37,189 $3,438,750 $673,000 $2,765,750
2020 $37,158 $3,356,220 $657,000 $2,699,220
2019 $38,141 $3,356,220 $657,000 $2,699,220
2018 $34,819 $3,136,140 $614,000 $2,522,140
2017 $31,926 $2,861,040 $560,000 $2,301,040
2016 $31,463 $2,778,510 $544,000 $2,234,510
2015 $30,881 $2,751,000 $538,600 $2,212,400
2014 $29,509 $2,690,478 $526,700 $2,163,778
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20211043

Tahoe Sierra Board of REALTORS®

APN: 109-210-002