NOT LISTED FOR SALE

Estimated Value: $5,974,000 - $8,845,000

5 Beds
5.5 Baths
5,066 Sq Ft
$1,582/Sq Ft Est. Value

Last Sold September 25, 2020

Last sale price $7,495,000 $1,479 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $51,779/month

5 Days on Market

Highlights

  • Community Beach Access
  • Boat Ramp
  • Golf Course Community
  • Truckee Elementary School Rated A-
  • Ski Accessible
  • Fitness Center

About This Home

As of September 2020

Amazing views of the Martis Valley to the north and backs to Lookout Mountain, making this a ski-in location from The Lookout Glades

Last Agent to Sell the Property

Jeffrey Hull

Martis Camp Realty, Inc. License #01749797 Listed on: 09/03/2020

Last Buyer's Agent

Mark Murrell

Martis Camp Realty, Inc. License #01390661

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $85,462

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • 1.02 Acre Lot
  • Level Lot
  • Property is zoned R1

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Woods
  • Mountain

Home Design

  • Mountain Architecture
  • Slab Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 5,066 Sq Ft Home
  • 2-Story Property
  • Furniture Can Be Negotiated
  • Living Room with Fireplace
  • Surveillance System

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • 5.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Radiant Heating System
  • Utility District

Community Details

Overview

  • $350 HOA Transfer Fee
  • Martis Valley Community

Recreation

  • Boat Ramp
  • Community Beach Access
  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Ski Accessible
  • Ski Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$85,462

Year Built

Built in 2020 | Under Construction

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Age: Brand New
  • Alarm YN: Y
  • Estimated Lot Size: .76 - 1.50
  • Community: Martis Valley
  • Directions: Schaeffer Mill Rd. Right on Fallen Leaf way. 10th House on the left.
  • Number of Acres: 1.02
  • Service Type: Full Service
  • Setting: Ski Trail
  • Sub-Area: 7SO
  • Sub-Status: Standard
  • Topography: Level
  • Year Built: 2020
  • Zoning: R1
  • Cross Street: Villandry Dr.
  • Other: High Ceilings, Landscaping, Hot Tub, Ski In/Ski Out, Air Conditioning
  • Sewer: Utility District
  • Estimated Sq Ft: PLANS
  • Architecture: Mountain
  • Gated: To Subdivision
  • Property Condition: New
  • Security: Alarm System, Audio Surveillance, Visual Surveillance
  • Sign YN: Y
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Heating: Radiant, In Floor
  • Estimated Sq Ft: 5066
  • Stories: Two
  • Gas: Natural
  • Water: Utility District
  • Appliances: Range, Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Fireplace: Living Room, Master Bedroom
  • Furnished: Negotiable
  • Bathrooms: 5.5
  • Bedrooms: 5
  • Floor Coverings: Wood

Exterior Features

  • View: Wooded, Mountain
  • Construction Exterior: Wooded
  • Foundation: Slab
  • Roof: Metal
  • Construction Phase: UNDER CONSTRUC.

Garage/Parking

  • Garage: Two
  • Garage/Parking: Attached

Utilities

  • Laundry: Room

Condo/Co-op/Association

  • HOA Amenities: Beach Access, Pool, Tennis Courts, Golf, Cross Country Skiing, Down Hill Skiing, Exercise Equipment, Boat Ramp
  • HOA Fees: 1200
  • HOA Fee Frequency: Q
  • HOA Transfer Fee: 350
  • HOA Membership: Y

Fee Information

  • Private Transfer Fee YN: Y

Lot Info

  • Lot Number: 564
  • Lot Dimensions: IRR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2020
Closed on
Sep 22, 2020
Sold by
Libra Llc
Bought by
Bench 2 Llc
Seller's Agent
Jeffrey Hull
Martis Camp Realty, Inc.
Buyer's Agent
Mark Murrell
Martis Camp Realty, Inc.
List Price
$7,495,000
Sold Price
$7,495,000
Current Estimated Value
$8,013,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$518,380
Avg. Annual Appreciation
1.56%

Purchase Details

Closed on
Feb 24, 2016
Sold by
Dmb Highlands Group Llc
Bought by
Libra Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
3.79%
Mortgage Type
Construction
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
Bench 2 Llc $7,495,000 Fidelity Natl Ttl Co Of Ca
Libra Llc $1,495,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Libra Llc $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2020 09/25/20 Sold $7,495,000 0.0% $1,479 / Sq Ft
09/08/2020 09/08/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $7,495,000 -- $1,479 / 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 $85,462 $8,112,827 $2,381,350 $5,731,477
2023 $85,462 $7,797,798 $2,288,880 $5,508,918
2022 $84,043 $7,644,900 $2,244,000 $5,400,900
2021 $80,557 $7,495,000 $2,200,000 $5,295,000
2020 $32,230 $2,906,235 $1,618,235 $1,288,000
2019 $23,678 $2,059,505 $1,586,505 $473,000
2018 $19,184 $1,684,398 $1,555,398 $129,000
2017 $17,411 $1,524,900 $1,524,900 $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

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20202750

Tahoe Sierra Board of REALTORS®

APN: 106-410-020