NOT LISTED FOR SALE

8172 Fallen Leaf Way Truckee, CA 96161

Martis Camp Neighborhood

Estimated Value: $5,833,000 - $7,344,000

1.24 Acres
$5,239,796 Price per Acre
54,014 Sq Ft Lot

Last Sold August 10, 2020

Last sale price $1,850,000

Est. 312% increase in value since last sale

Current estimated payment $46,222/month

1,116 Days on Market

Highlights

  • 1.24 Acre Lot
  • Ski Trails
  • Mountain View
  • Truckee Elementary School Rated A-

About This Lot

As of August 2020

A true rarity at Martis Camp bordering a spectacular open space field of rock formations and native vegetation all directly adjacent to Prosser ski run. One will be sure to take advantage of sweeping mountain vistas out the front with privacy, serenity and skiing out the back.

Last Agent to Sell the Property

Jonas Mikals

Martis Camp Realty, Inc. License #01842455 Listed on: 07/11/2017

Last Buyer's Agent

Mark Murrell

Martis Camp Realty, Inc. License #01390661

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $44,486

Lot Details

  • 1.24 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

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

Est. Annual Taxes

$44,486

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • "Covenants: Y
  • Estimated Lot Size: .76-1.50
  • Community: Martis Valley
  • Directions: Schaffher Mill to Fallen Leaf
  • Number of Acres: 1.24
  • Service Type: Full Service
  • Setting: Ski Trail
  • Sign: Y
  • SPCDISC: Architectural Review
  • Sub-Area: 7SO
  • Sub-Status: Standard
  • Topography: Downslope
  • Zoning: R-1
  • Access Roads: Paved
  • Access Type: Private
  • Corners: Marked
  • 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, 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: 1.00%
  • Private Transfer Fee YN: Y

Lot Info

  • Lot Number: 566
  • Lot Dimensions: IRR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2024
Sold by
Morton 2007 Living Trust and Morton David H
Bought by
Morton 2007 Living Trust and Morton
Current Estimated Value
$7,625,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Outstanding Balance
$2,969,899
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$4,282,232

Purchase Details

Listed on
Jul 11, 2017
Closed on
Aug 4, 2020
Sold by
Mc Lot 566 Llc
Bought by
Morton David H
Seller's Agent
Jonas Mikals
Martis Camp Realty, Inc.
Buyer's Agent
Mark Murrell
Martis Camp Realty, Inc.
List Price
$1,895,000
Sold Price
$1,850,000
Premium/Discount to List
-$45,000
-2.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.49%

Purchase Details

Closed on
Aug 28, 2016
Sold by
Dmb Highlands Group Llc
Bought by
Mc Lot 566 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$813,450
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Morton 2007 Living Trust -- None Listed On Document
Morton David H $1,850,000 Fidelity Natl Ttl Co Of Ca
Mc Lot 566 Llc $1,356,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morton 2007 Living Trust $3,000,000
Previous Owner Mc Lot 566 Llc $2,000,000
Previous Owner Mc Lot 566 Llc $813,450
Previous Owner Mc Lot 566 Llc $813,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2020 08/10/20 Sold $1,850,000 -2.4% --
07/31/2020 07/31/20 Pending -- -- --
07/11/2017 07/11/17 For Sale $1,895,000 -- --
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 $44,486 $10,002,498 $2,002,498 $8,000,000
2023 $44,486 $2,163,740 $1,924,740 $239,000
2022 $21,103 $1,887,000 $1,887,000 $0
2021 $20,249 $1,850,000 $1,850,000 $0
2020 $16,764 $1,438,732 $1,438,732 $0
2019 $16,375 $1,410,522 $1,410,522 $0
2018 $15,796 $1,382,865 $1,382,865 $0
2017 $15,552 $1,355,750 $1,355,750 $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

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jonas Mikals

    Martis Camp Realty, Inc.

  • Mark Murrell

    Buyer's Agent in 2020

    Mark Murrell

    Martis Camp Realty, Inc.

    (530) 550-3200

    87 in this area

    96 Total Sales

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20172007

Tahoe Sierra Board of REALTORS®

APN: 106-410-022

California Placer County Truckee 96161 Martis Camp

8172 Fallen Leaf Way, Truckee, CA

This home is located at 8172 Fallen Leaf Way, Truckee, CA 96161 since 11 July 2017 and is currently estimated at $6,497,347. 8172 Fallen Leaf Way is a home located in Placer County with nearby schools including Truckee Elementary School, Alder Creek Middle School, and Tahoe Truckee High School.

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