NOT LISTED FOR SALE

Estimated Value: $4,045,000 - $4,345,067

4 Beds
4.5 Baths
4,370 Sq Ft
$970/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $3,600,000 $824 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $26,127/month

74 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Gated Community
  • Truckee Elementary School Rated A-
  • Two Primary Bedrooms
  • View of Trees or Woods

About This Home

As of September 2022

This incredible location harnesses a beautifully preserved 100 acre alpine meadow out your back door, an ideal scene for both unwinding and entertaining complete with an east-facing stone patio and gas fire pit. Features of this impeccably maintained home include hydronic heat, gourmet kitchen, library/office, separate game room, 4 ensuite bedrooms, 2 half baths, and 2 laundry locations. The well thought out floor plan provides privacy and communal living with exceptional finishes, fixtures and design.

Last Agent to Sell the Property

Brian Grocott

COMPASS License #01299734 Listed on: 06/25/2022

COMPASS

Co-Listed By

Jamison Blair

COMPASS License #01246366

Last Buyer's Agent

Liza Killen

Tahoe Mountain Realty License #01731371

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 0.5 Acre Lot
  • Gated Home
  • Level Lot

HOA Fees

  • $392 Monthly HOA Fees

Property Views

  • Woods
  • Mountain
  • Meadow

Home Design

  • Mountain Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 4,370 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Mud Room
  • Great Room
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Alarm System

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Master Bedroom
  • 4.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Insulated Garage

Location

  • Design Review Required

Utilities

  • Hydronic Heating System
  • Utility District

Community Details

Overview

  • $400 HOA Transfer Fee
  • Martis Valley Community
  • Greenbelt

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

HOA Fees

$392 per month

Listing Details

  • Age: 20+ Years
  • Alarm YN: Y
  • Estimated Lot Size: .26 - .5
  • Community: Martis Valley
  • Directions: After entering thru gate, continue straight on Lodge Trail, R on Jake Teeter.
  • Number of Acres: 0.5
  • Service Type: Full Service
  • Setting: Greenbelt
  • SPCDISC: Architectural Review, Environmental Hazard
  • Sub-Area: 7SO
  • Sub-Status: Standard
  • Topography: Level, Gentle
  • Year Built: 2001
  • Zoning: SFR
  • Other: Pantry, High Ceilings, Landscaping, Phone, Cable TV, High Speed Internet
  • Sewer: Utility District
  • Architecture: Mountain
  • Gated: To Subdivision, To Home
  • Security: Alarm System
  • Sign YN: Y
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Heating: Hydronic
  • Estimated Sq Ft: 4370
  • Stories: Two
  • Gas: Natural
  • Water: Utility District
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Bonus Rooms: Great Room, Office, Rec Room, Formal Dining, Breakfast Room, Den, Mud Room, 2 Or More Master Bedrooms
  • Fireplace: Living Room
  • Furnished: Mostly
  • Bathrooms: 4.5
  • Bedrooms: 4
  • Floor Coverings: Carpet, Wood, Stone

Exterior Features

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

Garage/Parking

  • Garage: Two
  • Garage/Parking: Attached, Insulated, Oversized

Utilities

  • Laundry: Room

Condo/Co-op/Association

  • HOA Amenities: Pool, Tennis Courts, Golf, Exercise Equipment
  • HOA Fees: 1175
  • HOA Fee Frequency: Q
  • HOA Transfer Fee: 400
  • HOA Membership: Y

Lot Info

  • Lot Number: 183

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2022
Sold by
James A Siciliano Revocable Trust
Bought by
Jennifer Lane Bennett Trust
Current Estimated Value
$4,238,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,300,000
Outstanding Balance
$2,232,611
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$2,006,078

Purchase Details

Listed on
Jun 25, 2022
Closed on
Sep 14, 2022
Sold by
Reed Family Revocable Trust
Bought by
Jennifer Lane Bennett Trust
Seller's Agent
Brian Grocott
COMPASS
Buyer's Agent
Liza Killen
Tahoe Mountain Realty
List Price
$4,200,000
Sold Price
$3,600,000
Premium/Discount to List
-$600,000
-14.29%
Views
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
5.01%

Purchase Details

Closed on
Jul 23, 2001
Sold by
Sagan Rich Construction Management Inc
Bought by
Reed Robert W and Reed Pamela F

Purchase Details

Closed on
Mar 15, 2000
Sold by
Hamilton Richard F and Hamilton Patricia
Bought by
Sagan Rich Construction Management Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
8.34%
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
Jennifer Lane Bennett Trust -- Fidelity National Title
Jennifer Lane Bennett Trust $3,600,000 Fidelity National Title
Reed Robert W $2,800,000 Fidelity National Title Co
Sagan Rich Construction Management Inc $360,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jennifer Lane Bennett Trust $2,300,000
Previous Owner Sagan Rich Construction Management Inc $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2022 09/23/22 Sold $3,600,000 -6.5% $824 / Sq Ft
09/07/2022 09/07/22 Pending -- -- --
08/30/2022 08/30/22 Price Changed $3,850,000 -8.3% $881 / Sq Ft
06/25/2022 06/25/22 For Sale $4,200,000 -- $961 / Sq Ft
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 $38,881 $3,643,480 $832,320 $2,811,160
2023 $38,881 $3,502,000 $800,000 $2,702,000
2022 $37,740 $3,388,000 $967,000 $2,421,000
2021 $29,730 $2,731,875 $780,000 $1,951,875
2020 $28,754 $2,578,890 $736,000 $1,842,890
2019 $29,503 $2,578,890 $736,000 $1,842,890
2018 $26,330 $2,360,340 $674,000 $1,686,340
2017 $24,501 $2,185,500 $624,000 $1,561,500
2016 $24,359 $2,141,790 $612,000 $1,529,790
2015 $23,902 $2,119,935 $605,700 $1,514,235
2014 $21,224 $1,923,240 $549,500 $1,373,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20221358

Tahoe Sierra Board of REALTORS®

APN: 108-130-004