NOT LISTED FOR SALE

Estimated Value: $1,954,000 - $2,284,000

1.25 Acres
$1,708,688 Price per Acre
54,450 Sq Ft Lot

Last Sold October 17, 2024

Last sale price $2,200,000

Est. 3% decrease in value since last sale

Current estimated payment $12,636/month

569 Days on Market

Highlights

  • View of Trees or Woods
  • 1.25 Acre Lot
  • Lot Sloped Down
  • Truckee Elementary School Rated A-
  • Greenbelt

About This Lot

As of October 2024

This 1.25-acre homesite gently descends to the adjacent open space below. In front, you’ll find views of Lookout Mtn, the same scene enjoyed from the south-facing side of the property. The home that comes alive here will enjoy a forest of mature pines, and nearby access to the Springs Park & the Tennis Pavilion. The private Martis Camp members ski lodge & slopes are a short drive away. The homesite also has two Social Memberships.

Last Agent to Sell the Property

Mark Murrell

Martis Camp Realty, Inc. License #01390661 Listed on: 03/11/2023

Co-Listed By

Dominic Cristalli

Martis Camp Realty, Inc. License #01983777

Last Buyer's Agent

Dominic Cristalli

Martis Camp Realty, Inc. License #01983777

Property Details

Property Type

  • Land

Lot Details

  • 1.25 Acre Lot
  • Lot Sloped Down

Property Views

  • Woods
  • Mountain
  • Meadow

Location

  • Design Review Required

Utilities

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

Community Details

  • Property has a Home Owners Association
  • $500 HOA Transfer Fee
  • Martis Valley Community
  • The community has rules related to covenants, conditions, and restrictions
  • Greenbelt

Property Details

Property Type

Land

Lot Details

1.25 Acres

Listing Details

  • "Covenants: Y
  • Estimated Lot Size: .76-1.50
  • Community: Martis Valley
  • Directions: Schaffer Mill Rd., Right on Ehrman Dr., 2nd lot on Right
  • Number of Acres: 1.25
  • Service Type: Full Service
  • Setting: GREENBELT
  • 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: Filtered, Wooded, Mountain, Meadow
  • Fenced: No

Utilities

  • Utilities at Street: Under Ground

Condo/Co-op/Association

  • HOA: Y
  • HOA Fees: 1850
  • HOA Membership Mandatory: Y
  • HOA Transfer Fee: $500

Fee Information

  • Private Transfer Fee YN: Y

Lot Info

  • Lot Number: 571
  • Lot Dimensions: Irr

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2023
Closed on
Oct 9, 2024
Sold by
Rodrock Enterprises Llc
Bought by
Kerrigan Racich Properties Llc
Seller's Agent
Mark Murrell
Martis Camp Realty, Inc.
Buyer's Agent
Dominic Cristalli
Martis Camp Realty, Inc.
List Price
$2,500,000
Sold Price
$2,200,000
Premium/Discount to List
-$300,000
-12%
Views
131
Current Estimated Value
$2,135,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$64,140
Avg. Annual Appreciation
-2.05%

Purchase Details

Listed on
Apr 19, 2017
Closed on
Jun 21, 2017
Sold by
Mc Lot 571 Llc
Bought by
Rodrock Enterprises Llc
Seller's Agent
Jonas Mikals
Martis Camp Realty, Inc.
Buyer's Agent
Jonas Mikals
Martis Camp Realty, Inc.
List Price
$1,350,000
Sold Price
$1,350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.91%

Purchase Details

Listed on
Jun 2, 2016
Closed on
Sep 12, 2016
Sold by
Dmb Highlands Group Llc
Bought by
Mc Lot 571 Llc
Seller's Agent
Brian Hull
Martis Camp Realty, Inc.
Buyer's Agent
Jonas Mikals
Martis Camp Realty, Inc.
List Price
$1,195,000
Sold Price
$1,075,500
Premium/Discount to List
-$119,500
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.86%
Original Mortgage
$645,300
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage
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
Kerrigan Racich Properties Llc $2,200,000 Fidelity National Title
Rodrock Enterprises Llc $1,350,000 Fidelity National Title Co
Mc Lot 571 Llc $1,075,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mc Lot 571 Llc $645,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/17/2024 10/17/24 Sold $2,200,000 -4.3% --
09/30/2024 09/30/24 Pending -- -- --
08/27/2024 08/27/24 Price Changed $2,300,000 -8.0% --
03/13/2024 03/13/24 For Sale $2,500,000 +13.6% --
03/11/2024 03/11/24 Off Market $2,200,000 -- --
03/11/2023 03/11/23 For Sale $2,500,000 +85.2% --
06/27/2017 06/27/17 Sold $1,350,000 0.0% -- View Prior Sale
04/19/2017 04/19/17 For Sale $1,350,000 +25.5% --
04/16/2017 04/16/17 Pending -- -- --
09/09/2016 09/09/16 Sold $1,075,500 -10.0% -- View Prior Sale
08/02/2016 08/02/16 Pending -- -- --
06/02/2016 06/02/16 For Sale $1,195,000 -- --
Source: Tahoe Sierra Board of REALTORS®

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 $16,817 $2,200,000 $2,200,000 --
2023 $16,817 $1,505,949 $1,505,949 $0
2022 $16,561 $1,476,421 $1,476,421 $0
2021 $16,001 $1,447,472 $1,447,472 $0
2020 $16,204 $1,432,630 $1,432,630 $0
2019 $16,309 $1,404,540 $1,404,540 $0
2018 $15,732 $1,377,000 $1,377,000 $0
2017 $12,472 $1,075,500 $1,075,500 $0
2016 $783 $13,311 $13,311 $0
2015 $763 $13,112 $13,112 $0
2014 $747 $12,856 $12,856 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20230214

Tahoe Sierra Board of REALTORS®

APN: 106-360-002

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