NOT LISTED FOR SALE

Estimated Value: $633,000 - $1,098,000

0.86 Acre
$1,023,199 Price per Acre
37,462 Sq Ft Lot

Last Sold October 09, 2015

Last sale price $440,000

Est. 100% increase in value since last sale

Current estimated payment $5,312/month

167 Days on Market

Highlights

  • Golf Course Community
  • Panoramic View
  • Gentle Sloping Lot
  • Truckee Elementary School Rated A-
  • 0.86 Acre Lot

About This Lot

As of October 2015

A spectacular golf course homesite, privately situated with beautiful rock outcroppings and perched above the 11th green. Breathtaking Lookout Mountain and golf course views. A very unique and special homesite in Lahontan.

Last Agent to Sell the Property

Virginia Donica

Engel & Volkers Truckee License #01195479 Listed on: 04/17/2015

Engel & Volkers Truckee

Last Buyer's Agent

Virginia Donica

Engel & Volkers Truckee License #01195479 Listed on: 04/17/2015

Engel & Volkers Truckee

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,679

Lot Details

  • 0.86 Acre Lot
  • Gentle Sloping Lot

HOA Fees

  • $233 Monthly HOA Fees

Property Views

  • Panoramic
  • Mountain

Location

  • Design Review Required

Utilities

  • Underground Utilities
  • Gas Available
  • Utility District

Community Details

Overview

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

Recreation

  • Golf Course Community

Property Details

Property Type

Land

Est. Annual Taxes

$5,679

Lot Details

0

HOA Fees

$233 per month

Listing Details

  • "Covenants: Y
  • Estimated Lot Size: .76-1.50
  • Community: Martis Valley
  • Directions: Right on Lahontan Drive past the Turn and on the right past Lars Haugen.
  • Number of Acres: 0.86
  • Service Type: Full Service
  • Setting: GOLF
  • Sign: Y
  • SPCDISC: Architectural Review
  • Sub-Area: 7SO
  • Sub-Status: Standard
  • Topography: Gentle
  • Zoning: R
  • Access Roads: Paved
  • Access Type: Private
  • Cross Street: Lars Haugen
  • Sewer: Utility District
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Electric: At Property
  • Gas: At Property
  • Water: Utility District

Exterior Features

  • View: Panoramic, Mountain, Golf, Ski Resort

Utilities

  • Utilities at Street: Under Ground

Condo/Co-op/Association

  • HOA: Y
  • HOA Fees: 700
  • HOA Fee Frequency: Q
  • HOA Membership Mandatory: Y
  • HOA Transfer Fee: 400

Lot Info

  • Lot Number: 371
  • Lot Dimensions: .86

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2016
Sold by
Salmi Semi
Bought by
Salmi Semi
Current Estimated Value
$879,951

Purchase Details

Listed on
Apr 17, 2015
Closed on
Oct 5, 2015
Sold by
Klein Thomas A and Klein Barbara A
Bought by
The Salmi 2010 Irrevocable Trust
Seller's Agent
Virginia Donica
Engel & Volkers Truckee
Buyer's Agent
Virginia Donica
Engel & Volkers Truckee
List Price
$495,000
Sold Price
$440,000
Premium/Discount to List
-$55,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.13%

Purchase Details

Closed on
May 21, 2015
Sold by
Klein Thomas and Klein Barbara
Bought by
Klein Thomas A and Klein Barbara A

Purchase Details

Closed on
Jun 20, 2013
Sold by
Tec Development
Bought by
Klein Thomas and Klein Barbara

Purchase Details

Closed on
Oct 15, 2008
Sold by
Cooper Stephen E and Cooper Susan D
Bought by
Tec Development

Purchase Details

Closed on
Oct 13, 1999
Sold by
Lahontan Llc
Bought by
Cooper Stephen E and Cooper Susan D
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
Salmi Semi -- Accommodation
The Salmi 2010 Irrevocable Trust $440,000 First American Title Company
Klein Thomas A -- None Available
Klein Thomas $367,500 First American Title Company
Tec Development $300,000 First American Title Company
Cooper Stephen E $975,000 First American Title Ins Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2015 10/09/15 Sold $440,000 -11.1% --
10/01/2015 10/01/15 Pending -- -- --
04/17/2015 04/17/15 For Sale $495,000 -- --
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 $5,679 $515,760 $515,760 --
2023 $5,679 $495,734 $495,734 $0
2022 $5,601 $486,014 $486,014 $0
2021 $5,282 $476,485 $476,485 $0
2020 $5,261 $471,600 $471,600 $0
2019 $5,300 $462,353 $462,353 $0
2018 $5,109 $453,288 $453,288 $0
2017 $5,033 $444,400 $444,400 $0
2016 $5,058 $440,000 $440,000 $0
2015 $4,294 $374,842 $374,842 $0
2014 $4,117 $367,500 $367,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20150876

Tahoe Sierra Board of REALTORS®

APN: 109-280-035