NOT LISTED FOR SALE

Estimated Value: $7,764,000 - $13,800,122

6 Beds
6.5 Baths
7,842 Sq Ft
$1,350/Sq Ft Est. Value

Last Sold May 05, 2023

Last sale price $12,200,000 $1,556 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $66,399/month

176 Days on Market

Highlights

  • Detached Guest House
  • Golf Course Community
  • View of Trees or Woods
  • Truckee Elementary School Rated A-
  • Gated Community
  • 1.75 Acre Lot

About This Home

As of May 2023

Centerpiece of this 7,842 sq ft, 6-bed/ 6.5-bath Martis Camp home is a patio that showcase views of the 1st fairway on the Tom Fazio golf course, Carson Range & Lookout Mtn. With gardens, forests, firepit and hot tub, it’s the ideal venue for relaxing or entertaining. Two bunk rooms by the media room are connected by an airy, inspiring loft. There’s a large office by the primary suite, a separate living area with bedroom and kitchen above the garage and a separate guest house with its own fireplace, kitchen and covered patio.

Last Agent to Sell the Property

Jeffrey Hull

Martis Camp Realty, Inc. License #01749797 Listed on: 10/03/2022

Last Buyer's Agent

Jeffrey Hull

Martis Camp Realty, Inc. License #01749797 Listed on: 10/03/2022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2011

Lot Details

  • 1.75 Acre Lot
  • Level Lot

HOA Fees

  • $517 Monthly HOA Fees

Home Design

  • Mountain Architecture
  • Shake Roof

Interior Spaces

  • 7,842 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Multiple Fireplaces
  • Mud Room
  • Great Room
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Loft
  • Workshop
  • Views of Woods

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • 6.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Heated Garage

Utilities

  • Radiant Heating System
  • Utility District

Additional Features

  • Multiple Outdoor Decks
  • Detached Guest House
  • Design Review Required

Community Details

Overview

  • $450 HOA Transfer Fee
  • Martis Valley Community

Recreation

  • Golf Course Community

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2011

Lot Details

0

HOA Fees

$517 per month

Listing Details

  • Age: 10-15 Years
  • Estimated Lot Size: 1.51 - 2.50
  • Community: Martis Valley
  • Directions: Schaffer Mill, Right on Olana Dr., Left on Valhalla Dr., 6th house on Left.
  • Number of Acres: 1.75
  • Service Type: Full Service
  • Setting: Golf
  • SPCDISC: Architectural Review
  • Sub-Area: 7SO
  • Sub-Status: Standard
  • Topography: Level, Gentle
  • Year Built: 2011
  • Zoning: R-1
  • Cross Street: Olana Dr.
  • Other: Pantry, High Ceilings, Landscaping, Heated Drive, Hot Tub, Steam Shower, Air Conditioning
  • Sewer: Utility District
  • Estimated Sq Ft: BUILDING DEPARTMENT
  • Architecture: Mountain
  • Gated: To Subdivision
  • Property Condition: Used
  • Sign YN: Y
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Heating: Radiant
  • Estimated Sq Ft: 7842
  • Stories: Two
  • Water Company: NCSD
  • Gas: Natural
  • Water: Utility District, Water Company
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Bonus Rooms: Loft, Great Room, Office, Formal Dining, Breakfast Room, Den, Mud Room, Workshop, Detached ADU
  • Fireplace: Living Room, Master Bedroom, 2 or +
  • Furnished: Mostly
  • Bathrooms: 6.5
  • Bedrooms: 6
  • Floor Coverings: Carpet, Other, Stone, Tile, Wood

Exterior Features

  • View: Wooded, Golf
  • Construction Exterior: Framed
  • Roof: Shake/Shingle
  • Decks: 3 or more
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: Three
  • Garage/Parking: Attached, Heated, Other

Utilities

  • Laundry: Room

Condo/Co-op/Association

  • HOA Fees: 1550
  • HOA Fee Frequency: Q
  • HOA Transfer Fee: 450
  • HOA Membership: Y

Fee Information

  • Private Transfer Fee YN: Y

Lot Info

  • Lot Number: 195
  • Lot Dimensions: IRR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2022
Closed on
Apr 28, 2023
Sold by
Paul A Sinclair Declaration Of Trust
Bought by
Stone Family Trust
Seller's Agent
Jeffrey Hull
Martis Camp Realty, Inc.
Buyer's Agent
Jeffrey Hull
Martis Camp Realty, Inc.
List Price
$14,295,000
Sold Price
$12,200,000
Premium/Discount to List
-$2,095,000
-14.66%
Views
156
Current Estimated Value
$10,584,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,615,293
Avg. Annual Appreciation
-5.09%
Original Mortgage
$8,000,000
Outstanding Balance
$7,698,944
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$2,885,763

Purchase Details

Listed on
Aug 3, 2021
Closed on
Aug 27, 2021
Sold by
Kpk Investments
Bought by
Sinclair Paul A and Paul A Sinclair Declaration Of
Seller's Agent
Jonas Mikals
Martis Camp Realty, Inc.
Buyer's Agent
Jeffrey Hull
Martis Camp Realty, Inc.
List Price
$10,500,000
Sold Price
$10,750,000
Premium/Discount to List
$250,000
2.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.82%

Purchase Details

Closed on
Oct 21, 2010
Sold by
Dmb Highlands Group Llc
Bought by
Kpk Investments
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Stone Family Trust $12,200,000 Fidelity National Title
Sinclair Paul A $10,750,000 Fidelity Natl Ttl Co Of Ca
Kpk Investments $1,093,500 Fidelity National Title Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stone Family Trust $8,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2023 05/05/23 Sold $12,200,000 -9.6% $1,556 / Sq Ft
03/28/2023 03/28/23 Pending -- -- --
11/10/2022 11/10/22 Price Changed $13,500,000 -5.6% $1,721 / Sq Ft
10/03/2022 10/03/22 For Sale $14,295,000 +33.0% $1,823 / Sq Ft
08/31/2021 08/31/21 Sold $10,750,000 +2.4% $1,371 / Sq Ft View Prior Sale
08/04/2021 08/04/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $10,500,000 -- $1,339 / 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 $132,973 $12,692,880 $3,641,400 $9,051,480
2023 $132,973 $10,200,000 $2,550,000 $7,650,000
2022 $109,640 $10,000,000 $2,500,000 $7,500,000
2021 $68,115 $6,305,345 $1,294,275 $5,011,070
2020 $68,974 $6,240,692 $1,281,004 $4,959,688
2019 $69,373 $6,118,327 $1,255,887 $4,862,440
2018 $66,653 $5,998,361 $1,231,262 $4,767,099
2017 $65,617 $5,880,747 $1,207,120 $4,673,627
2016 $65,276 $5,765,439 $1,183,451 $4,581,988
2015 $63,730 $5,678,838 $1,165,675 $4,513,163
2014 $61,039 $5,567,599 $1,142,842 $4,424,757
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20222229

Tahoe Sierra Board of REALTORS®

APN: 106-090-023