NOT LISTED FOR SALE

7601 Lahontan Dr Truckee, CA 96161

South Truckee Neighborhood

Estimated Value: $443,000 - $1,974,000

0.79 Acre
$1,529,747 Price per Acre
34,412 Sq Ft Lot

Last Sold August 05, 2020

Last sale price $890,000

Est. 36% increase in value since last sale

Current estimated payment $8,595/month

161 Days on Market

Highlights

  • Panoramic View
  • Truckee Elementary School Rated A-
  • Gentle Sloping Lot

About This Lot

As of August 2020

A unique opportunity to own one of the finest home sites in Lahontan. Perched on a plateau above a gorgeous open space preserve and the Martis Valley, this site enjoys far-reaching meadow, golf, Northstar and Mt. Rose views. The Martis Valley trail system can be accessed from the back of the property, and an adjacent easement adds to the feeling of complete seclusion. The perfect setting for a grand estate home is enhanced with ideal sun orientation and the space to create unrivaled outdoor living spaces.

Last Agent to Sell the Property

Katie Tyler

Tahoe Mountain Realty License #01442453 Listed on: 02/11/2020

Last Buyer's Agent

Mitch Clarin

Mitch Clarin, Broker License #01217589

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $23,589

Lot Details

  • 0.79 Acre Lot
  • Gentle Sloping Lot

HOA Fees

  • $303 Monthly HOA Fees

Property Views

  • Panoramic
  • Woods
  • Mountain
  • Meadow

Location

  • Design Review Required

Utilities

  • Gas Available
  • Cable TV Available

Community Details

Overview

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

Amenities

  • Common Area

Property Details

Property Type

Land

Est. Annual Taxes

$23,589

Lot Details

0

HOA Fees

$303 per month

Listing Details

  • "Covenants: Y
  • Estimated Lot Size: .76-1.50
  • Community: Martis Valley
  • Directions: Lahontan gate - L on Lahontan drive lot will be on L across street from Elias Baldwin.
  • Number of Acres: 0.79
  • Service Type: Full Service
  • Setting: Common Area
  • Sign: Y
  • SPCDISC: Architectural Review
  • Sub-Area: 7SO
  • Sub-Status: Standard
  • Topography: Gentle
  • Zoning: R
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Cable TV: At Property
  • Electric: At Property
  • Gas: At Property
  • Phone: At Property

Exterior Features

  • View: Panoramic, Wooded, Mountain, Golf, River/Creek, Meadow

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: 310
  • Lot Dimensions: .79

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2020
Closed on
Aug 3, 2020
Sold by
Bern Martin D and Thomas Holly A
Bought by
Lachman Todd R and Lachman Christine R
Seller's Agent
Katie Tyler
Tahoe Mountain Realty
Buyer's Agent
Mitch Clarin
Mitch Clarin, Broker
List Price
$925,000
Sold Price
$890,000
Premium/Discount to List
-$35,000
-3.78%
Current Estimated Value
$1,208,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,500
Avg. Annual Appreciation
6.02%

Purchase Details

Closed on
Jan 26, 2010
Sold by
Arabella Inc
Bought by
Bern Martin D and Bern Holly T

Purchase Details

Closed on
Nov 28, 2007
Sold by
Csp Inc
Bought by
Fitzgeralds Gaming Corp

Purchase Details

Closed on
Aug 24, 2006
Sold by
Fraser Graeme and Lum Tracey Ann
Bought by
Csp Inc

Purchase Details

Closed on
Sep 24, 1999
Sold by
Fraser Graeme and Lum Tracey Ann
Bought by
Fraser Graeme and Lum Tracey Ann

Purchase Details

Closed on
Jun 8, 1999
Sold by
Lahontan Llc
Bought by
Fraser Graeme and Lum Tracey Ann
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
Lachman Todd R $890,000 First American Title Company
Bern Martin D $345,000 Placer Title Company
Fitzgeralds Gaming Corp $325,000 Fidelity Natl Title Co Of Ca
Csp Inc $950,000 Fidelity Natl Title Co Of Ca
Fraser Graeme -- --
Fraser Graeme $850,000 First American Title Ins Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2020 08/05/20 Sold $890,000 -3.8% --
07/21/2020 07/21/20 Pending -- -- --
02/11/2020 02/11/20 For Sale $925,000 -- --
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 $23,589 $2,603,364 $963,364 $1,640,000
2023 $23,589 $920,000 $704,000 $216,000
2022 $10,164 $907,800 $907,800 $0
2021 $9,555 $890,000 $890,000 $0
2020 $4,565 $407,195 $407,195 $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

  • Katie Tyler

    Seller's Agent in 2020

    Katie Tyler

    Tahoe Mountain Realty

    (530) 277-1012

    22 in this area

    40 Total Sales

    Katie Tyler
    Section Image
  • Mitch Clarin

    Buyer's Agent in 2020

    Mitch Clarin

    Mitch Clarin, Broker

    (530) 308-9124

    4 in this area

    46 Total Sales

    Mitch Clarin
    Section Image
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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20200233

Tahoe Sierra Board of REALTORS®

APN: 109-230-003

California Placer County Truckee 96161 South Truckee

7601 Lahontan Dr, Truckee, CA

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