NOT LISTED FOR SALE

Estimated Value: $7,589,000 - $12,159,509

1.51 Acres
$6,455,962 Price per Acre
65,776 Sq Ft Lot

Last Sold August 24, 2012

Last sale price $1,961,000

Est. 397% increase in value since last sale

Current estimated payment $60,885/month

108 Days on Market

Highlights

  • Ski Accessible
  • Golf Course Community
  • 1.51 Acre Lot
  • Truckee Elementary School Rated A-
  • Fitness Center
  • Mountain View

About This Lot

As of August 2012

The most coveted row of Homesites in the entire community! Adjacent to the Landmark Iconic Camp Lodge, with spectacular views of the 18th Fairway, Northstar Lookout Mtn and Southern Exposure, makes it among the most spectacular Homesite in ALL of Martis Camp! This site was only able to be acquired due to the owners being Founding Members and surrounding sites include the largest home in Martis! An amazing opportunity to acquire a multigenerational property for building a legacy of lifetime family memories!

Last Agent to Sell the Property

Steve Kegel

Tahoe Mountain Realty License #00577256 Listed on: 04/23/2012

Last Buyer's Agent

Kim Kennedy

Martis Camp Realty, Inc. License #01747997

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $93,220

Lot Details

  • 1.51 Acre Lot
  • Lot Sloped Down

Property Views

  • Mountain Views

Utilities

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

Community Details

Overview

  • Property has a Home Owners Association
  • Martis Valley Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

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

Property Details

Property Type

Land

Est. Annual Taxes

$93,220

Lot Details

0

Listing Details

  • "Covenants: Y
  • Estimated Lot Size: 1.51-2.50
  • Community: Martis Valley
  • Directions: Schaffer Mill, R on Fluer Du Lac roundabout, R on Valhalla, 174 is 2nd site on L next to Camp Lodge!
  • Number of Acres: 1.51
  • Optional Financing: Submit
  • Service Type: Full Service
  • Setting: GOLF
  • Sign: Y
  • Sub-Area: 7SO
  • Sub-Status: Standard
  • Topography: Downslope, Gentle, Varies
  • Zoning: R-1
  • Access Roads: Paved
  • Access Type: Private
  • Corners: Marked
  • Cross Street: Schaffer Mill
  • Phase Name: Phase 2
  • Phase Unit: 2
  • 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: Utility District

Exterior Features

  • View: Mountain, Golf, Ski Resort
  • Fenced: No
  • Waterfront Amenities: Other

Utilities

  • Utilities at Street: Under Ground

Condo/Co-op/Association

  • HOA: Y
  • HOA Amenities: POOL, TENNIS COURTS, GOLF, CROSS COUNTRY SKIING, DOWN HILL SKIING, EXERCISE EQUIPMENT

Lot Info

  • Lot Number: 174
  • Lot Dimensions: Irregular

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2012
Closed on
Aug 17, 2012
Sold by
Munnerlyn Charles R and Munnerlyn Judith G
Bought by
Hyman Matthew B and Hyman Vy T
Seller's Agent
Steve Kegel
Tahoe Mountain Realty
Buyer's Agent
Kim Kennedy
Martis Camp Realty, Inc.
List Price
$2,195,000
Sold Price
$1,961,000
Premium/Discount to List
-$234,000
-10.66%
Current Estimated Value
$9,748,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,787,503
Avg. Annual Appreciation
13.43%
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
Hyman Matthew B $1,961,000 Fidelity National Title Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hyman Family Trust $4,000,000
Closed Hyman Matthew B $3,465,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2012 08/24/12 Sold $1,961,000 -10.7% --
08/09/2012 08/09/12 Pending -- -- --
04/23/2012 04/23/12 For Sale $2,195,000 -- --
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 $93,220 $8,784,631 $2,414,826 $6,369,805
2023 $93,220 $8,443,514 $2,321,056 $6,122,458
2022 $91,534 $8,277,956 $2,275,546 $6,002,410
2021 $87,748 $8,115,644 $2,230,928 $5,884,716
2020 $88,884 $8,032,429 $2,208,053 $5,824,376
2019 $89,485 $7,874,931 $2,164,758 $5,710,173
2018 $85,762 $7,720,521 $2,122,312 $5,598,209
2017 $84,419 $7,569,140 $2,080,699 $5,488,441
2016 $83,974 $7,420,726 $2,039,901 $5,380,825
2015 $43,607 $3,859,260 $2,009,260 $1,850,000
2014 $29,553 $2,679,902 $1,969,902 $710,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20120807

Tahoe Sierra Board of REALTORS®

APN: 106-100-015