NOT LISTED FOR SALE

Estimated Value: $4,769,000 - $5,457,900

4 Beds
4.5 Baths
5,200 Sq Ft
$972/Sq Ft Est. Value

Last Sold October 05, 2018

Last sale price $3,500,000 $673 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $30,137/month

96 Days on Market

Highlights

  • Golf Course Community
  • Solar Power System
  • Gated Community
  • Truckee Elementary School Rated A-
  • Panoramic View
  • Fireplace in Primary Bedroom

About This Home

As of October 2018

Stunning Mountain / Modern home with views in every direction and backing to Lahontan's Signature, #12 hole. Martis Valley is out the back door with trails that go for miles. View the Sierra Crest Panorama to the West and Lookout Mountain to the South. Very private, very light and sun filled. This is a timeless design, created for this spectacular lot and accented with stone, steel and glass. Please see virtual tour

Last Agent to Sell the Property

Wanda Stephens Cotton

North Tahoe Commercial License #00863729 Listed on: 06/10/2018

Last Buyer's Agent

Michael Montalbano

Tahoe Mountain Realty License #01976855

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,028

Year Built

  • Built in 2012

Lot Details

  • Level Lot
  • Property is zoned R1

HOA Fees

  • $262 Monthly HOA Fees

Property Views

  • Panoramic
  • Mountain
  • Meadow

Home Design

  • Modern Architecture
  • Spray Foam Insulation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,200 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Low Emissivity Windows
  • Mud Room
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Breakfast Room
  • Recreation Room
  • Workshop

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • 4.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Insulated Garage
  • Garage Door Opener

Eco-Friendly Details

  • No or Low VOC Paint or Finish
  • Solar Power System

Outdoor Features

  • Multiple Outdoor Decks

Utilities

  • Hydronic Heating System
  • High-Efficiency Furnace
  • Heating System Uses Natural Gas
  • Utility District

Community Details

Overview

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,028

Year Built

Built in 2012

Lot Details

0

HOA Fees

$262 per month

Listing Details

  • Age: 5-10 Years
  • Estimated Lot Size: .26 - .5
  • Community: Martis Valley
  • Directions: Equal distance, left or right on Lahontan Drive, after going thru gatehouse. Backs to golf course
  • Financing Terms: Seller may carry 1st
  • Optional Financing: Owner May Carry 1st
  • Setting: Golf
  • Sub-Area: 7SO
  • Sub-Status: Standard
  • Topography: Level, Downslope
  • Year Built: 2012
  • Zoning: R1
  • Other: Pantry, Central Vacuum, High Ceilings, Landscaping, Phone, Cable TV, High Speed Internet
  • Phase Unit: 12
  • Sewer: Utility District
  • Estimated Sq Ft: BUILDING DEPARTMENT
  • Architecture: Modern
  • Gated: To Subdivision
  • Out Buildings: No
  • Property Condition: Like New
  • Sign YN: Y
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Heating: Natural Gas, Hydronic
  • Estimated Sq Ft: 5200
  • Stories: Two
  • Water Company: Northstar
  • Gas: Natural
  • Water: Water Company
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher, Compact, Refrigerator, Washer, Dryer, Other
  • Bonus Rooms: Family Room, Great Room, Rec Room, Breakfast Room, Mud Room, Workshop
  • Fireplace: Living Room, Family Room, Master Bedroom, Gas Fireplace, Stone
  • Furnished: Partial
  • Bathrooms: 4.5
  • Bedrooms: 4
  • Floor Coverings: Carpet, Stone, Wood

Exterior Features

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

Garage/Parking

  • Garage: Three
  • Garage/Parking: Attached, Insulated, Gar Door Opener, Oversized

Utilities

  • Laundry: Room

Condo/Co-op/Association

  • HOA Amenities: Pool, Tennis Courts, Golf, Other/See Remarks
  • HOA Fees: 785
  • HOA Fee Frequency: Quarter
  • HOA Membership: Y
  • HOA Website: Lahontan.com

Lot Info

  • Lot Number: 369
  • Lot Dimensions: Irregular

Green Features

  • Green Features: Photovoltaic-Solar Panels, Cert. Sustain.Forest Prod, Spray Foam Insulation, High Efficiency Furnace, Low E Windows, Energy Star Appliances, Low or No VOC Paints

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2018
Closed on
Oct 1, 2018
Sold by
Cotton Jeffrey J and Stephens Wanda L
Bought by
Burrows Keih D
Seller's Agent
Wanda Stephens Cotton
North Tahoe Commercial
Buyer's Agent
Michael Montalbano
Tahoe Mountain Realty
List Price
$3,800,000
Sold Price
$3,500,000
Premium/Discount to List
-$300,000
-7.89%
Current Estimated Value
$5,054,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,554,475
Avg. Annual Appreciation
5.34%

Purchase Details

Closed on
May 18, 2010
Sold by
Cotton Jeffrey J and Stephens Wanda L
Bought by
Cotton Jeffrey J and Stephens Wanda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2006
Sold by
Borgman Ronald G and Bowman Linda J
Bought by
Cotton Jeffrey J and Stephens Wanda L

Purchase Details

Closed on
Aug 3, 1999
Sold by
Lahontan Llc
Bought by
Forest Development Llc

Purchase Details

Closed on
Aug 2, 1999
Sold by
Forest Development Llc
Bought by
Borgman Ronal G and Bowman Linda J
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
Burrows Keih D $3,500,000 Fidelity National Title Co
Cotton Jeffrey J -- Placer Title Company
Cotton Jeffrey J $545,909 Multiple
Forest Development Llc $650,000 First American Title Ins Co
Borgman Ronal G $585,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cotton Jeffrey J $1,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2018 10/05/18 Sold $3,500,000 -7.9% $673 / Sq Ft
09/14/2018 09/14/18 Pending -- -- --
06/10/2018 06/10/18 For Sale $3,800,000 -- $731 / 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 $41,028 $3,843,875 $669,309 $3,174,566
2023 $41,028 $3,694,615 $643,320 $3,051,295
2022 $40,274 $3,622,172 $630,706 $2,991,466
2021 $39,053 $3,551,150 $618,340 $2,932,810
2020 $38,808 $3,508,800 $612,000 $2,896,800
2019 $39,072 $3,440,000 $600,000 $2,840,000
2018 $27,079 $2,435,741 $641,895 $1,793,846
2017 $26,650 $2,387,982 $629,309 $1,758,673
2016 $26,505 $2,341,160 $616,970 $1,724,190
2015 $25,883 $2,305,995 $607,703 $1,698,292
2014 $19,818 $1,800,000 $175,000 $1,625,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20181418

Tahoe Sierra Board of REALTORS®

APN: 109-280-005