NOT LISTED FOR SALE

Estimated Value: $3,361,000 - $3,539,000

1.3 Acres
$2,669,020 Price per Acre
56,628 Sq Ft Lot

Sale Details

Date Sold: December 30, 2021

Last sale price $3,300,000

Est. 5% increase in value since last sale

Current estimated payment $22,668 / mo

151 Days on Market

Highlights

  • 1.3 Acre Lot
  • Ski Trails
  • Gentle Sloping Lot
  • Truckee Elementary School Rated A-
  • Mountain View

About This Lot

As of December 2021

Perched on the upper ridge line near the Northstar California ski runs, this 1.3 acre homesite offers views that are nothing short of spectacular. Coupled with bordered open space directly behind, an opportunity awaits to create a balance of privacy and views, and a one of a kind mountain estate. **There is a full set of Clare Walton Architecture plans that are permit ready.

Last Agent to Sell the Property

Jeffrey Hull

Martis Camp Realty, Inc. License #01749797 Listed on: 07/19/2021

Last Buyer's Agent

Kim Kennedy

Martis Camp Realty, Inc. License #01747997

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Lot Details

  • 1.3 Acre Lot
  • Gentle Sloping Lot
  • Property is zoned R1

HOA Fees

  • $433 Monthly HOA Fees

Property Views

  • Mountain
  • Meadow

Location

  • Design Review Required

Utilities

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

Community Details

Overview

  • $350 HOA Transfer Fee
  • Martis Valley Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Ski Trails

Property Details

Property Type

Land

Lot Details

1.3 Acres

HOA Fees

$433 per month

Listing Details

  • Estimated Lot Size: .76-1.50
  • Community: Martis Valley
  • Directions: Schaffer Mill rd. Right on Fallen Leaf Way, Past Ski Lodge, Over foot bridge, 6th Lot on Left.
  • Number of Acres: 1.3
  • Service Type: Full Service
  • Setting: Ski Trail
  • Sign: Y
  • SPCDISC: Architectural Review
  • Sub-Area: 7SO
  • Sub-Status: Standard
  • Topography: Gentle
  • Zoning: R1
  • Access Roads: Paved
  • Access Type: Private
  • Covenants, Conditions and Restrictions (CC&Rs): Y
  • Corners: Marked
  • Cross Street: Shaffers Mill
  • 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, Water Company

Exterior Features

  • View: Peek, Mountain, Meadow
  • Fenced: No

Utilities

  • Utilities at Street: Under Ground

Condo/Co-op/Association

  • HOA: Y
  • HOA Fees: 1300
  • HOA Fee Frequency: Q
  • HOA Membership Mandatory: Y
  • HOA Transfer Fee: 350

Fee Information

  • Private Transfer Fee YN: Y

Lot Info

  • Lot Number: 558
  • Lot Dimensions: IRR

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2021
Closed on
Jan 11, 2022
Sold by
Bought by
Seller's Agent
Jeffrey Hull
Martis Camp Realty, Inc.
Buyer's Agent
Kim Kennedy
Martis Camp Realty, Inc.
List Price
$3,250,000
Sold Price
$3,300,000
Premium/Discount to List
$50,000
1.54%
Current Estimated Value
$3,469,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,726
Avg. Annual Appreciation
1.10%

Purchase Details

Listed on
Jul 19, 2021
Closed on
Dec 27, 2021
Sold by
Bought by
Seller's Agent
Jeffrey Hull
Martis Camp Realty, Inc.
Buyer's Agent
Kim Kennedy
Martis Camp Realty, Inc.
List Price
$3,250,000
Sold Price
$3,300,000
Premium/Discount to List
$50,000
1.54%

Purchase Details

Listed on
Jul 27, 2020
Closed on
Aug 26, 2020
Sold by
Bought by
Seller's Agent
Jonas Mikals
Martis Camp Realty, Inc.
Buyer's Agent
Jeffrey Hull
Martis Camp Realty, Inc.
List Price
$185,000,000
Sold Price
$1,895,000
Premium/Discount to List
-$183,105,000
-98.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.75%

Purchase Details

Listed on
Jan 19, 2017
Closed on
Feb 8, 2019
Sold by
Bought by
Seller's Agent
Jonas Mikals
Martis Camp Realty, Inc.
Buyer's Agent
Jonas Mikals
Martis Camp Realty, Inc.
List Price
$1,595,000
Sold Price
$1,405,500
Premium/Discount to List
-$189,500
-11.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.26%

Purchase Details

Closed on
Aug 28, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$711,450
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Fidelity National Title
$3,300,000 Fidelity Natl Ttl Co Of Ca
$1,895,000 Fidelity Natl Ttl Co Of Ca
$1,402,500 Fidelity National Title Co
$1,186,000 Fidelity National Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $700,000
Previous Owner $764,000
Previous Owner $711,450
Previous Owner $711,450
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2021 12/30/21 Sold $3,300,000 +1.5% --
12/17/2021 12/17/21 Pending -- -- --
07/19/2021 07/19/21 For Sale $3,250,000 +71.5% --
08/31/2020 08/31/20 Sold $1,895,000 0.0% -- View Prior Sale
08/11/2020 08/11/20 Price Changed $1,895,000 -99.0% --
07/30/2020 07/30/20 Pending -- -- --
07/27/2020 07/27/20 For Sale $185,000,000 +13062.6% --
02/13/2019 02/13/19 Sold $1,405,500 -11.9% -- View Prior Sale
01/10/2019 01/10/19 Pending -- -- --
01/19/2017 01/19/17 For Sale $1,595,000 -- --
Source: Tahoe Sierra Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $37,535 $3,572,025 $3,572,025
2025 $36,841 $3,501,986 $3,501,986
2023 $36,841 $3,366,000 $3,366,000 $0
2022 $36,291 $3,300,000 $3,300,000 $0
2021 $20,724 $1,895,000 $1,895,000 $0
2020 $16,182 $1,430,550 $1,430,550 $0
2019 $14,410 $1,233,654 $1,233,654 $0
2018 $13,899 $1,209,465 $1,209,465 $0
2017 $13,683 $1,185,750 $1,185,750 $0
2016 $788 $13,793 $13,793 $0
2015 $769 $13,586 $13,586 $0
2014 $752 $13,320 $13,320 $0
Source: Public Records

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20211883

Tahoe Sierra Board of REALTORS®

APN: 106-400-014

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