NOT LISTED FOR SALE

Estimated Value: $3,616,047 - $3,925,000

1.4 Acres
$2,694,535 Price per Acre
60,984 Sq Ft Lot

Last Sold March 15, 2017

Last sale price $1,996,000

Est. 89% increase in value since last sale

Current estimated payment $22,879/month

262 Days on Market

Highlights

  • Panoramic View
  • 1.4 Acre Lot
  • Lot Sloped Up
  • Truckee Elementary School Rated A-
  • Ski Trails

About This Lot

As of March 2017

Situated on one of the highest points in Martis Camp this homesite offers a rare combination of sweeping vistas, central location to the Martis Camp Express Ski Lift and bordered open space directly adjacent to Prosser Ski Run.

Last Agent to Sell the Property

Brian Hull

Martis Camp Realty, Inc. License #01997809 Listed on: 05/31/2016

Last Buyer's Agent

Nina Skylling-Atkins

Martis Camp Realty, Inc. License #01464625

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $31,651

Lot Details

  • 1.4 Acre Lot
  • Lot Sloped Up
  • Property is zoned R1

HOA Fees

  • $300 Monthly HOA Fees

Property Views

  • Panoramic
  • Mountain

Location

  • Design Review Required

Utilities

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

Community Details

Overview

  • Martis Valley Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Ski Trails

Property Details

Property Type

Land

Est. Annual Taxes

$31,651

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • "Covenants: Y
  • Estimated Lot Size: .76-1.50
  • Community: Martis Valley
  • Directions: Schaffer Mill rd. Left on Fallen Leaf Way. 2nd Lot past the Ski Lodge on Left.
  • Number of Acres: 1.4
  • Service Type: Full Service
  • Setting: Ski Trail
  • Sign: Y
  • SPCDISC: Architectural Review
  • Sub-Area: 7SO
  • Sub-Status: Standard
  • Topography: Upslope, Gentle
  • Zoning: R1
  • Access Roads: Paved
  • Access Type: Private
  • 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

Exterior Features

  • View: Peek, Panoramic, Mountain, Ski Resort
  • Fenced: No

Utilities

  • Utilities at Street: Under Ground

Condo/Co-op/Association

  • HOA: Y
  • HOA Fees: 900
  • HOA Fee Frequency: Q
  • HOA Membership Mandatory: Y
  • HOA Transfer Fee: 1%

Lot Info

  • Lot Number: 568
  • Lot Dimensions: IRR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2016
Closed on
Mar 8, 2017
Sold by
Dmb Highlands Group Llc
Bought by
Peltereau Villeneuve Francois and Peltereau Villeneuve Krista
Seller's Agent
Brian Hull
Martis Camp Realty, Inc.
Buyer's Agent
Nina Skylling-Atkins
Martis Camp Realty, Inc.
List Price
$2,495,000
Sold Price
$1,996,000
Premium/Discount to List
-$499,000
-20%
Current Estimated Value
$3,772,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,776,349
Avg. Annual Appreciation
7.68%
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Peltereau Villeneuve Francois $1,996,000 Fidelity National Title Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2017 03/15/17 Sold $1,996,000 -20.0% --
02/17/2017 02/17/17 Pending -- -- --
05/31/2016 05/31/16 For Sale $2,495,000 -- --
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 $31,651 $3,516,527 $2,316,527 $1,200,000
2023 $31,651 $2,343,574 $2,226,574 $117,000
2022 $24,761 $2,231,916 $2,182,916 $49,000
2021 $23,311 $2,140,114 $2,140,114 $0
2020 $23,616 $2,118,170 $2,118,170 $0
2019 $23,777 $2,076,638 $2,076,638 $0
2018 $22,942 $2,035,920 $2,035,920 $0
2017 $806 $14,068 $14,068 $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: 20161797

Tahoe Sierra Board of REALTORS®

APN: 106-410-024