NOT LISTED FOR SALE

Estimated Value: $7,321,000 - $14,525,857

1.74 Acres
$5,840,394 Price per Acre
75,794 Sq Ft Lot

Last Sold August 11, 2020

Last sale price $1,695,000

Est. 500% increase in value since last sale

Current estimated payment $56,354/month

49 Days on Market

Highlights

  • 1.74 Acre Lot
  • Mountain View
  • Lot Sloped Up
  • Truckee Elementary School Rated A-

About This Lot

As of August 2020

1% Conveyance fee and $25 Social Membership fees apply. This South facing homesite with beautiful views to Northstar Ski runs, has close proximity to the Camp Lodge and National Forest Boundary's' hiking and biking trials. Amenity photos shown in addition to lot photos.

Last Agent to Sell the Property

Jeffrey Hull

Martis Camp Realty, Inc. License #01749797 Listed on: 06/15/2020

Last Buyer's Agent

Kim Kennedy

Martis Camp Realty, Inc. License #01747997

Property Details

Property Type

  • Land

Lot Details

  • 1.74 Acre Lot
  • Lot Sloped Up

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

0

HOA Fees

$400 per month

Listing Details

  • "Covenants: Y
  • Estimated Lot Size: 1.51-2.50
  • Community: Martis Valley
  • Directions: Schaffer Mill to Valhalla, past Holmgrove Ct., lot is 4th on right
  • Number of Acres: 1.74
  • Service Type: Full Service
  • Setting: STREET
  • Sign: Y
  • SPCDISC: Architectural Review
  • Sub-Area: 7SO
  • Sub-Status: Standard
  • Topography: Upslope, Gentle
  • 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, Water Company

Exterior Features

  • View: Peek, 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: 149
  • Lot Dimensions: IRR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2024
Sold by
Mc 149 Corp
Bought by
Jennifer B Cunningham Trust and Cunningham
Current Estimated Value
$10,162,286

Purchase Details

Listed on
Jun 15, 2020
Closed on
Oct 1, 2020
Sold by
Rinnovo Group Inc
Bought by
Mc 149 Corp
Seller's Agent
Jeffrey Hull
Martis Camp Realty, Inc.
Buyer's Agent
Kim Kennedy
Martis Camp Realty, Inc.
List Price
$1,695,000
Sold Price
$1,695,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.99%

Purchase Details

Listed on
Jun 15, 2020
Closed on
Aug 5, 2020
Sold by
Hanson Mark
Bought by
To Rinnovo Group Inc
Seller's Agent
Jeffrey Hull
Martis Camp Realty, Inc.
Buyer's Agent
Kim Kennedy
Martis Camp Realty, Inc.
List Price
$1,695,000
Sold Price
$1,695,000

Purchase Details

Closed on
Mar 18, 2015
Sold by
Hanson Kerin
Bought by
Hanson Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$563,875
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 16, 2015
Sold by
Freeman Conrad and Freeman Lee Ann
Bought by
Hanson Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$563,875
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 10, 2007
Sold by
Dmb/Highlands Group Llc
Bought by
Freeman Conrad J and Freeman Lee Ann
Source: Public Records

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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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
Jennifer B Cunningham Trust $13,800,000 Fidelity National Title
Mc 149 Corp -- None Available
To Rinnovo Group Inc $1,695,000 Fidelity Natl Ttl Co Of Ca
Hanson Mark -- Fidelity National Title Co
Hanson Mark $867,500 Fidelity National Title Co
Freeman Conrad J $796,500 Fidelity Natl Title Co Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hanson Mark $563,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2020 08/11/20 Sold $1,695,000 0.0% --
08/03/2020 08/03/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $1,695,000 -- --
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 $40,091 $13,800,000 $4,500,000 $9,300,000
2023 $40,091 $2,510,478 $1,763,478 $747,000
2022 $21,850 $1,962,900 $1,728,900 $234,000
2021 $18,613 $1,695,000 $1,695,000 $0
2020 $11,022 $953,327 $953,327 $0
2019 $11,087 $934,635 $934,635 $0
2018 $10,691 $916,309 $916,309 $0
2017 $10,525 $898,343 $898,343 $0
2016 $10,461 $880,729 $880,729 $0
2015 $10,250 $870,506 $870,506 $0
2014 $9,830 $853,454 $853,454 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20201371

Tahoe Sierra Board of REALTORS®

APN: 106-090-015