NOT LISTED FOR SALE

Estimated Value: $4,923,000 - $5,631,000

4 Beds
4.5 Baths
3,238 Sq Ft
$1,631/Sq Ft Est. Value

Last Sold January 10, 2018

Last sale price $3,225,000 $996 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $31,301/month

562 Days on Market

Highlights

  • Built in 2016 | Newly Remodeled
  • Gated Community
  • Heated Floors
  • Truckee Elementary School Rated A-
  • View of Trees or Woods
  • Fireplace in Primary Bedroom

About This Home

As of January 2018

While relaxing on your patio enjoy the beauty of Lookout Mountain. This desirable location is just a short walk from the Park Pavilion, Family Barn, Fishing Lake and Camp Lodge. The mountain modern home designed by Sandbox Studio and built by Heslin Construction offers a very family friendly functional layout with 2 masters on the main level as well as a separate family room.

Last Agent to Sell the Property

Kim Kennedy

Martis Camp Realty, Inc. License #01747997 Listed on: 05/24/2016

Co-Listed By

Nina Skylling-Atkins

Martis Camp Realty, Inc. License #01464625

Last Buyer's Agent

Thomas Barrett

Martis Camp Realty, Inc. License #01863598

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 0.34 Acre Lot
  • Level Lot

HOA Fees

  • $333 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Woods
  • Mountain

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,238 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • 4.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Design Review Required

Utilities

  • Heating System Uses Natural Gas
  • Utility District

Community Details

Overview

  • $350 HOA Transfer Fee
  • Martis Valley Community
  • Greenbelt

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$333 per month

Listing Details

  • Age: Brand New
  • Estimated Lot Size: .26 - .5
  • Community: Martis Valley
  • Directions: Follow Schaffer Mill to Fleur Du Lac and go right onto Thunderbird Cir. the home is on the right.
  • Number of Acres: 0.34
  • Service Type: Full Service
  • Setting: Greenbelt
  • SPCDISC: Architectural Review
  • Sub-Area: 7SO
  • Sub-Status: Standard
  • Topography: Level, Gentle
  • Year Built: 2016
  • Cross Street: Fleur Du Lac
  • Sewer: Utility District
  • Estimated Sq Ft: PLANS
  • Architecture: Contemporary
  • Gated: To Subdivision
  • Property Condition: New
  • Sign YN: Y
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Heating: Natural Gas, In Floor
  • Estimated Sq Ft: 3238
  • Stories: Two
  • Water Company: NCSD
  • Gas: Natural
  • Water: Utility District
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Bonus Rooms: Family Room
  • Fireplace: Living Room, Master Bedroom
  • Furnished: None
  • Bathrooms: 4.5
  • Bedrooms: 4
  • Floor Coverings: Wood

Exterior Features

  • View: Wooded, Mountain
  • Construction Exterior: Framed
  • Foundation: Slab
  • Roof: Composition
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: Two
  • Garage/Parking: Attached

Utilities

  • Laundry: Room

Condo/Co-op/Association

  • HOA Fees: 1000
  • HOA Fee Frequency: Q
  • HOA Transfer Fee: $350
  • HOA Membership: Y

Fee Information

  • Private Transfer Fee Amount: 1.00%
  • Private Transfer Fee YN: Y

Lot Info

  • Lot Number: 315
  • Lot Dimensions: IRR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2016
Closed on
Jan 4, 2018
Sold by
Martis Connection Llc
Bought by
Lowe Mitchell W and Gargiulo April B
Seller's Agent
Kim Kennedy
Martis Camp Realty, Inc.
Buyer's Agent
Thomas Barrett
Martis Camp Realty, Inc.
List Price
$3,595,000
Sold Price
$3,225,000
Premium/Discount to List
-$370,000
-10.29%
Current Estimated Value
$5,282,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,057,562
Avg. Annual Appreciation
6.39%
Original Mortgage
$1,935,000
Outstanding Balance
$1,592,003
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,690,559

Purchase Details

Closed on
Mar 13, 2013
Sold by
Dmb Highlands Group Llc
Bought by
Martis Connection Llc
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
Lowe Mitchell W $3,225,000 Fidelity National Title Co
Martis Connection Llc $621,000 Fidelity National Title Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lowe Mitchell W $1,935,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2018 01/10/18 Sold $3,225,000 -10.3% $996 / Sq Ft
12/07/2017 12/07/17 Pending -- -- --
05/24/2016 05/24/16 For Sale $3,595,000 -- $1,110 / 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 $39,487 $3,669,495 $1,024,044 $2,645,451
2023 $39,487 $3,527,006 $984,280 $2,542,726
2022 $38,740 $3,457,850 $964,981 $2,492,869
2021 $37,239 $3,390,050 $946,060 $2,443,990
2020 $37,701 $3,355,290 $936,360 $2,418,930
2019 $37,939 $3,289,500 $918,000 $2,371,500
2018 $33,485 $2,967,082 $672,082 $2,295,000
2017 $32,954 $2,908,904 $658,904 $2,250,000
2016 $11,244 $948,985 $645,985 $303,000
2015 $7,655 $636,282 $636,282 $0
2014 $7,345 $623,819 $623,819 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20162998

Tahoe Sierra Board of REALTORS®

APN: 106-370-002