NOT LISTED FOR SALE

Estimated Value: $2,565,293 - $3,253,000

0.69 Acre
$4,228,643 Price per Acre
30,056 Sq Ft Lot

Last Sold September 29, 2016

Last sale price $805,000

Est. 262% increase in value since last sale

Current estimated payment $17,965/month

35 Days on Market

About This Lot

As of September 2016

1% Conveyance fee and Membership fees apply

Last Agent to Sell the Property

Nina Skylling-Atkins

Martis Camp Realty, Inc. License #01464625 Listed on: 07/10/2016

Co-Listed By

Kim Kennedy

Martis Camp Realty, Inc. License #01747997

Last Buyer's Agent

Mark Murrell

Martis Camp Realty, Inc. License #01390661

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $21,935

Lot Details

  • 0.69 Acre Lot
  • Level Lot

HOA Fees

  • $270 Monthly HOA Fees

Location

  • Design Review Required

Utilities

  • Underground Utilities
  • Gas Available
  • Utility District

Community Details

  • Martis Valley Community
  • The community has rules related to covenants, conditions, and restrictions

Property Details

Property Type

Land

Est. Annual Taxes

$21,935

Lot Details

0

HOA Fees

$270 per month

Listing Details

  • "Covenants: Y
  • Estimated Lot Size: .51-.755
  • Community: Martis Valley
  • Directions: Follow Schaffer mill, Newhall is on the left, lot is on the right
  • Number of Acres: 0.69
  • Service Type: Full Service
  • Setting: STREET
  • Sign: Y
  • SPCDISC: Architectural Review
  • Sub-Area: 7SO
  • Sub-Status: Standard
  • Topography: Level
  • Zoning: R-1
  • Access Type: Private
  • Corners: Marked
  • Cross Street: Schaffer Mill
  • Sewer: Utility District
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Electric: At Property
  • Gas: At Property
  • Water: Utility District

Exterior Features

  • View: Peek, Filtered

Utilities

  • Utilities at Street: Under Ground

Condo/Co-op/Association

  • HOA: Y
  • HOA Fees: 810
  • HOA Fee Frequency: Q
  • HOA Membership Mandatory: Y
  • HOA Transfer Fee: 1%

Lot Info

  • Lot Number: 473
  • Lot Dimensions: IRR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2019
Sold by
Rahimi Mamal R and Rahimi Gabrielle
Bought by
Rahimi Mamal R and Rahimi Gabrielle
Current Estimated Value
$2,917,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$984,441
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 10, 2016
Closed on
Sep 21, 2016
Sold by
Papapietro Richard A and Papapietro Frances L
Bought by
Rahimi Mamal R
Seller's Agent
Nina Skylling-Atkins
Martis Camp Realty, Inc.
Buyer's Agent
Mark Murrell
Martis Camp Realty, Inc.
List Price
$825,000
Sold Price
$805,000
Premium/Discount to List
-$20,000
-2.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.55%
Original Mortgage
$523,250
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 21, 2014
Sold by
Dmb Highlands Group Llc
Bought by
Papapietro Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,991
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Rahimi Mamal R -- First American Title
Rahimi Mamal R $805,000 Fidelity National Title Co
Papapietro Richard A $707,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rahimi Mamal R $990,000
Closed Rahimi Mamal R $984,441
Closed Rahimi Mamal R $523,250
Previous Owner Papapietro Richard A $494,991
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2016 09/29/16 Sold $805,000 -2.4% --
08/14/2016 08/14/16 Pending -- -- --
07/10/2016 07/10/16 For Sale $825,000 -- --
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 $21,935 $1,973,230 $934,269 $1,038,961
2023 $21,935 $1,896,609 $897,991 $998,618
2022 $21,446 $1,859,422 $880,384 $979,038
2021 $20,702 $1,822,964 $863,122 $959,842
2020 $20,932 $1,804,272 $854,272 $950,000
2019 $10,008 $837,522 $837,522 $0
2018 $9,649 $821,100 $821,100 $0
2017 $9,499 $805,000 $805,000 $0
2016 $8,804 $732,257 $732,257 $0
2015 $8,600 $721,258 $721,258 $0
2014 $768 $15,068 $15,068 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20162302

Tahoe Sierra Board of REALTORS®

APN: 106-420-017