NOT LISTED FOR SALE

Estimated Value: $8,263,000 - $12,725,586

4.2 Acres
$2,576,158 Price per Acre
182,952 Sq Ft Lot

Last Sold November 30, 2015

Last sale price $1,700,000

Est. 547% increase in value since last sale

Current estimated payment $67,996/month

195 Days on Market

Highlights

  • Golf Course Community
  • 4.2 Acre Lot
  • Level Lot
  • Truckee Elementary School Rated A-

About This Lot

As of November 2015

Homesite 58 is one of the most rare and coveted sites within all of Martis Camp. The homesite perches high above the 7th hole of the Tom Fazio golf course and offers breathtaking panoramic views to the Carson Range, Lookout Mountain and beyond. At 4.2 Acres the homesite offers the perfect balance of views and privacy and a remarkable canvas for an owners architect to create the ultimate Tahoe experience

Last Agent to Sell the Property

Mary Jo Johnson

Martis Camp Realty, Inc. License #01758959 Listed on: 05/02/2015

Co-Listed By

Brian Hull

Martis Camp Realty, Inc. License #01997809

Last Buyer's Agent

Mark Murrell

Martis Camp Realty, Inc. License #01390661

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $90,441

Lot Details

  • 4.2 Acre Lot
  • Level Lot
  • Property is zoned R1

HOA Fees

  • $250 Monthly HOA Fees

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

  • Golf Course Community

Property Details

Property Type

Land

Est. Annual Taxes

$90,441

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • "Covenants: Y
  • Estimated Lot Size: 2.51-5.00
  • Community: Martis Valley
  • Number of Acres: 4.2
  • Service Type: Full Service
  • Setting: GOLF
  • Sign: Y
  • SPCDISC: Architectural Review
  • Sub-Area: 7SO
  • Sub-Status: Standard
  • Topography: Level
  • Zoning: R1
  • Access Type: Private
  • Cross Street: Schaffer
  • 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: Golf

Utilities

  • Utilities at Street: Under Ground

Condo/Co-op/Association

  • HOA: Y
  • HOA Fees: 750
  • HOA Fee Frequency: Q
  • HOA Transfer Fee: 1%

Lot Info

  • Lot Number: 58
  • Lot Dimensions: IRR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2015
Closed on
Nov 18, 2015
Sold by
Bennett Annie Fisher
Bought by
Smith Lloyd
Seller's Agent
Mary Jo Johnson
Martis Camp Realty, Inc.
Buyer's Agent
Mark Murrell
Martis Camp Realty, Inc.
List Price
$1,795,000
Sold Price
$1,700,000
Premium/Discount to List
-$95,000
-5.29%
Current Estimated Value
$10,996,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,296,744
Avg. Annual Appreciation
20.93%

Purchase Details

Closed on
Aug 30, 2006
Sold by
Dmb Highlands Group Llc
Bought by
Bennett Annie Fisher
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
Smith Lloyd $1,700,000 Fidelity National Title Co
Bennett Annie Fisher $1,121,254 Fidelity Natl Title Co Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lloyd Smith Separate Property $3,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2015 11/30/15 Sold $1,700,000 -5.3% --
11/13/2015 11/13/15 Pending -- -- --
05/02/2015 05/02/15 For Sale $1,795,000 -- --
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 $90,441 $8,594,012 $2,012,452 $6,581,560
2023 $90,441 $8,260,298 $1,934,307 $6,325,991
2022 $88,949 $8,098,332 $1,896,380 $6,201,952
2021 $85,249 $7,939,543 $1,859,197 $6,080,346
2020 $86,383 $7,858,134 $1,840,134 $6,018,000
2019 $86,993 $7,704,053 $1,804,053 $5,900,000
2018 $39,072 $3,477,680 $1,768,680 $1,709,000
2017 $21,688 $1,912,000 $1,734,000 $178,000
2016 $19,603 $1,700,000 $1,700,000 $0
2015 $14,441 $1,249,939 $1,249,939 $0
2014 $9,798 $851,000 $851,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20152012

Tahoe Sierra Board of REALTORS®

APN: 106-060-001