NOT LISTED FOR SALE

7435 Lahontan Dr Truckee, CA 96161

South Truckee Neighborhood

Estimated Value: $437,000 - $515,181

0.54 Acre
$896,407 Price per Acre
23,522 Sq Ft Lot

Last Sold November 12, 2020

Last sale price $299,000

Est. 62% increase in value since last sale

Current estimated payment $3,144/month

Highlights

  • Golf Course Community
  • Fitness Center
  • Community Pool
  • Truckee Elementary School Rated A-
  • View of Meadow
  • Tennis Courts

About This Lot

As of November 2020

Easy Access & plenty of open space behind this prestigious homesite! Great far off, mountainous views across a beautiful meadow. This is the most affordable & easily buildable plot in Lahontan, walk or golf cart to the pool, lunch, tennis courts, pickle ball courts & many other recreational activities. Call you architect now!

Last Agent to Sell the Property

Mitch Clarin

Mitch Clarin, Broker License #01217589 Listed on: 10/03/2020

Last Buyer's Agent

Celia Klein

Engel & Volkers Truckee License #01975146

Engel & Volkers Truckee

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,691

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 120x195x120x195
  • Lot Sloped Down
  • Property is zoned Residentail

HOA Fees

  • $303 Monthly HOA Fees

Utilities

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

Additional Features

  • Views of Meadow
  • Design Review Required

Community Details

Overview

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

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool

Property Details

Property Type

Land

Est. Annual Taxes

$3,691

Lot Details

0

HOA Fees

$303 per month

Listing Details

  • "Covenants: Y
  • Estimated Lot Size: .51-.755
  • Community: Martis Valley
  • Directions: left on Lahontan drive after gate, on the left hand side about a mile up, 3 properties past Snowshoe
  • Number of Acres: 0.54
  • Optional Financing: None
  • Service Type: Full Service
  • Setting: GREENBELT
  • Sign: Y
  • SPCDISC: Architectural Review
  • Sub-Area: 7SO
  • Sub-Status: Standard
  • Topography: Downslope, Gentle
  • Zoning: Residentail
  • Access Roads: None
  • Access Type: Private
  • Corners: Marked, Partial
  • Cross Street: Snowshoe Thomp
  • Phase Unit: Unit No 9
  • 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: Water Company

Exterior Features

  • View: Meadow, Other
  • Fenced: No

Utilities

  • Utilities at Street: Under Ground

Condo/Co-op/Association

  • HOA: Y
  • HOA Amenities: POOL, TENNIS COURTS, GOLF, EXERCISE EQUIPMENT
  • HOA Fees: 910
  • HOA Fee Frequency: Q
  • HOA Membership Mandatory: Y
  • HOA Transfer Fee: 400

Lot Info

  • Lot Number: 297
  • Lot Dimensions: 120x195x120x195

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2020
Closed on
Nov 7, 2020
Sold by
Olsen Zachary and Olsen Cheryl
Bought by
Patel Chandresh and Patel Priya
Seller's Agent
Mitch Clarin
Mitch Clarin, Broker
Buyer's Agent
Celia Klein
Engel & Volkers Truckee
List Price
$299,000
Sold Price
$299,000
Current Estimated Value
$484,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,060
Avg. Annual Appreciation
10.20%

Purchase Details

Listed on
Oct 3, 2019
Closed on
Aug 26, 2020
Sold by
Jones Howard C and Jones Dianne
Bought by
Olsen Zachary and Olsen Cheryl
Seller's Agent
Mary Jo Johnson
Martis Camp Realty, Inc.
Buyer's Agent
Mitch Clarin
Mitch Clarin, Broker
List Price
$199,000
Sold Price
$199,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
536.38%

Purchase Details

Closed on
Aug 2, 2006
Sold by
Jones Howard C and Jones Dianne
Bought by
Jones Howard C and Jones Dianne

Purchase Details

Closed on
Oct 27, 2004
Sold by
Hanke C Christopher and Post Hanke Alexandra
Bought by
Jones Howard C and Jones Dianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2000
Sold by
Lahontan Llc
Bought by
Hanke C Christopher and Post Hanke Alexandra
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
Patel Chandresh $299,000 Fidelity Natl Ttl Co Of Ca
Olsen Zachary $199,000 First American Title Company
Jones Howard C -- None Available
Jones Howard C -- None Available
Jones Howard C $212,000 Placer Title
Hanke C Christopher $225,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Howard C $159,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/12/2020 11/12/20 Sold $299,000 0.0% --
10/22/2020 10/22/20 Pending -- -- --
10/03/2020 10/03/20 For Sale $299,000 +50.3% --
08/25/2020 08/25/20 Sold $199,000 0.0% -- View Prior Sale
07/26/2020 07/26/20 Pending -- -- --
10/03/2019 10/03/19 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 $3,691 $323,646 $323,646 --
2023 $3,691 $311,079 $311,079 $0
2022 $3,642 $304,980 $304,980 $0
2021 $3,318 $299,000 $299,000 $0
2020 $2,541 $220,000 $220,000 $0
2019 $2,385 $200,000 $200,000 $0
2018 $2,228 $190,000 $190,000 $0
2017 $1,908 $160,000 $160,000 $0
2016 $1,878 $155,000 $155,000 $0
2015 $1,642 $135,000 $135,000 $0
2014 $1,283 $105,000 $105,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Mitch Clarin

    Seller's Agent in 2020

    Mitch Clarin

    Mitch Clarin, Broker

    (530) 308-9124

    4 in this area

    46 Total Sales

    Mitch Clarin
    Section Image
  • Mary Jo Johnson

    Seller's Agent in 2020

    Mary Jo Johnson

    Martis Camp Realty, Inc.

    (530) 448-5293

    20 in this area

    20 Total Sales

    Mary Jo Johnson
    Section Image
  • Celia Klein

    Buyer's Agent in 2020

    Celia Klein

    Engel & Volkers Truckee

    (530) 277-9328

    12 in this area

    70 Total Sales

    Celia Klein
    Section Image
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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20203075

Tahoe Sierra Board of REALTORS®

APN: 109-220-003

California Placer County Truckee 96161 South Truckee

7435 Lahontan Dr, Truckee, CA

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