NOT LISTED FOR SALE

Estimated Value: $2,523,092 - $3,028,000

2.8 Acres
$996,320 Price per Acre
121,968 Sq Ft Lot

Last Sold May 13, 2022

Last sale price $2,750,000

Est. 1% increase in value since last sale

Current estimated payment $18,170/month

142 Days on Market

Highlights

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

About This Lot

As of May 2022

This lot is as big as the legacies that will take shape here: 2.8 acres with a building envelope of nearly 20,000 square feet. Sun favors this homesite as do filtered views of the Carson Range and the ski runs of Lookout Mountain. The slope that gently rises from the street further enhances the privacy of this prime property in that place Forbes calls, “Possibly the Best Four-Season Community in the U.S.”

Last Agent to Sell the Property

Mark Murrell

Martis Camp Realty, Inc. License #01390661 Listed on: 11/24/2021

Last Buyer's Agent

Mark Murrell

Martis Camp Realty, Inc. License #01390661 Listed on: 11/24/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $30,801

Lot Details

  • 2.8 Acre Lot
  • Lot Sloped Up

HOA Fees

  • $433 Monthly HOA Fees

Utilities

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

Additional Features

  • Mountain Views
  • Design Review Required

Community Details

  • $400 HOA Transfer Fee
  • Martis Valley Community
  • The community has rules related to covenants, conditions, and restrictions

Property Details

Property Type

Land

Est. Annual Taxes

$30,801

Lot Details

0

HOA Fees

$433 per month

Listing Details

  • "Covenants: Y
  • Estimated Lot Size: 2.51-5.00
  • Community: Martis Valley
  • Directions: Take Shaffer Mill Rd, R on Valhalla Dr., Past Cairn Croft Ln, 5th Lot on R
  • Number of Acres: 2.8
  • 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
  • Cross Street: Shaffer 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, Mountain
  • Fenced: No

Utilities

  • Utilities at Street: Under Ground

Condo/Co-op/Association

  • HOA: Y
  • HOA Fees: 1300
  • HOA Fee Frequency: Q
  • HOA Membership Mandatory: Y
  • HOA Transfer Fee: 400

Fee Information

  • Private Transfer Fee YN: Y

Lot Info

  • Lot Number: 46
  • Lot Dimensions: IRR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2022
Sold by
Fraser Family Trust
Bought by
Fraser Family Trust
Current Estimated Value
$2,789,697

Purchase Details

Listed on
Nov 24, 2021
Closed on
May 9, 2022
Sold by
Kundsin-Burchill Living Trust
Bought by
Fraser Family Trust
Seller's Agent
Mark Murrell
Martis Camp Realty, Inc.
Buyer's Agent
Mark Murrell
Martis Camp Realty, Inc.
List Price
$2,795,000
Sold Price
$2,750,000
Premium/Discount to List
-$45,000
-1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.08%

Purchase Details

Closed on
May 27, 2015
Sold by
Lang Sylvan S
Bought by
Kundsin Burchill Living Trust

Purchase Details

Closed on
Aug 19, 2008
Sold by
Dmb/Highlands Group Llc
Bought by
Lang Sylvan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,850
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 2008
Sold by
Lang Christi
Bought by
Lang Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,850
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2006
Sold by
Dmb/Highlands Group Llc
Bought by
Stilwell Mark E and Stilwell Susan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
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
Fraser Family Trust -- Fidelity National Title
Kundsin Burchill Living Trust $900,000 Fidelity National Title Co
Lang Sylvan Stephen -- Fidelity National Title Co
Lang Sylvan S $715,500 Fidelity Natl Title Co Of Ca
Lang Stephen -- Fidelity Natl Title Co Of Ca
Stilwell Mark E $715,500 Fidelity Natl Title Co Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lang Sylvan S $500,850
Previous Owner Stilwell Mark E $470,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $2,750,000 -1.6% --
04/15/2022 04/15/22 Pending -- -- --
11/24/2021 11/24/21 For Sale $2,795,000 -- --
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 $30,801 $3,216,322 $2,918,322 $298,000
2023 $30,801 $2,805,000 $2,805,000 $0
2022 $11,615 $1,019,274 $1,019,274 $0
2021 $11,272 $999,289 $999,289 $0
2020 $11,408 $989,043 $989,043 $0
2019 $11,476 $969,650 $969,650 $0
2018 $11,067 $950,638 $950,638 $0
2017 $10,894 $931,999 $931,999 $0
2016 $10,829 $913,725 $913,725 $0
2015 $9,097 $766,645 $766,645 $0
2014 $7,898 $675,000 $675,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20212802

Tahoe Sierra Board of REALTORS®

APN: 106-030-005