NOT LISTED FOR SALE

8171 Fallen Leaf Way Truckee, CA 96161

South Truckee Neighborhood

Estimated Value: $6,040,000 - $7,580,000

1.04 Acres
$6,560,003 Price per Acre
45,302 Sq Ft Lot

Sale Details

Date Sold: August 3, 2020

Last sale price $1,150,000

Est. 493% increase in value since last sale

Current estimated payment $40,767 / mo

63 Days on Market

Highlights

  • 1.04 Acre Lot
  • Mountain View
  • Lot Sloped Down
  • Truckee Elementary School Rated A-

About This Lot

As of August 2020

Enjoy the convenience of walking over to Lookout Lodge, Martis Camp's Private Ski Lodge. In the summer months the kids can test their extreme limits at the Aerial Adventure Park. All within a 2 minute walk from this acre plus homesite. 1% Conveyance fee and $25,000 Social Membership fees apply. Photos of amenities are shown in addition to the lot photos.

Last Agent to Sell the Property

Kim Kennedy

Martis Camp Realty, Inc. License #01747997 Listed on: 05/22/2020

Co-Listed By

Nina Skylling-Atkins

Martis Camp Realty, Inc. License #01464625

Last Buyer's Agent

Jeffrey Hull

Martis Camp Realty, Inc. License #01749797

Property Details

Property Type

  • Land

Lot Details

  • 1.04 Acre Lot
  • Lot Sloped Down

HOA Fees

  • $400 Monthly HOA Fees

Utilities

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

Additional Features

  • Mountain Views
  • Design Review Required

Community Details

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

Property Details

Property Type

Land

Lot Details

1.04 Acres

HOA Fees

$400 per month

Listing Details

  • "Covenants: Y
  • Estimated Lot Size: .76-1.50
  • Community: Martis Valley
  • Directions: Schaffer Mill Rd. to Fallen Leaf way, 3rd lot on Right past Lookout Lodge
  • Number of Acres: 1.04
  • Service Type: Full Service
  • Setting: STREET
  • Sign: Y
  • SPCDISC: Architectural Review
  • Sub-Area: 7SO
  • Sub-Status: Standard
  • Topography: Downslope, Gentle
  • Zoning: R-1
  • Access Roads: Paved
  • Access Type: Private
  • Corners: Marked
  • Cross Street: Schaffer 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, Filtered, Mountain, Ski Resort

Utilities

  • Utilities at Street: Under Ground

Condo/Co-op/Association

  • HOA: Y
  • HOA Fees: 1200
  • HOA Fee Frequency: Q
  • HOA Membership Mandatory: Y
  • HOA Transfer Fee: 350

Fee Information

  • Private Transfer Fee Amount: 1%
  • Private Transfer Fee YN: Y

Lot Info

  • Lot Number: 544
  • 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
May 22, 2020
Closed on
Jul 30, 2020
Sold by
Bought by
Seller's Agent
Kim Kennedy
Martis Camp Realty, Inc.
Buyer's Agent
Jeffrey Hull
Martis Camp Realty, Inc.
List Price
$1,095,000
Sold Price
$1,150,000
Premium/Discount to List
$55,000
5.02%
Current Estimated Value
$6,822,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,672,403
Avg. Annual Appreciation
35.79%

Purchase Details

Closed on
Mar 21, 2019
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
$2,975,000
Interest Rate
3.45%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 16, 2015
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
$649,350
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

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
$1,150,000 Fidelity Natl Ttl Co Of Ca
-- Old Republic Title Company
$990,000 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 $2,975,000
Previous Owner $649,350
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
08/03/2020 08/03/20 Sold $1,150,000 +0.1% --
07/24/2020 07/24/20 Pending -- -- --
07/02/2020 07/02/20 Price Changed $1,149,000 +4.9% --
05/22/2020 05/22/20 For Sale $1,095,000 -- --
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
2025 $49,923 $4,678,116 $1,244,796 $3,433,320
2023 $49,923 $2,141,460 $1,196,460 $945,000
2022 $15,327 $1,360,000 $1,173,000 $187,000
2021 $12,862 $1,150,000 $1,150,000 $0
2020 $12,406 $1,081,348 $1,081,348 $0
2019 $12,482 $1,060,146 $1,060,146 $0
2018 $12,038 $1,039,359 $1,039,359 $0
2017 $11,850 $1,018,980 $1,018,980 $0
2016 $11,781 $999,000 $999,000 $0
2015 $769 $13,586 $13,586 $0
2014 $752 $13,320 $13,320 $0
Source: Public Records

Agents Affiliated with this Home

  • Kim Kennedy

    Seller's Agent in 2020

    Kim Kennedy

    Martis Camp Realty, Inc.

    (530) 414-1356

    96 in this area

    97 Total Sales

    Kim Kennedy
    Section Image

  • N

    Seller Co-Listing Agent in 2020

    Nina Skylling-Atkins

    Martis Camp Realty, Inc.

  • Jeffrey Hull

    Buyer's Agent in 2020

    Jeffrey Hull

    Martis Camp Realty, Inc.

    (530) 448-0306

    144 in this area

    144 Total Sales

    Jeffrey Hull
    Section Image
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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20201057

Tahoe Sierra Board of REALTORS®

APN: 106-410-009

California Placer County Truckee 96161 South Truckee

8171 Fallen Leaf Way, Truckee, CA

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