NOT LISTED FOR SALE

Estimated Value: $5,949,000 - $10,758,297

1.7 Acres
$4,453,980 Price per Acre
74,052 Sq Ft Lot

Last Sold June 04, 2019

Last sale price $1,549,000

Est. 389% increase in value since last sale

Current estimated payment $43,665/month

614 Days on Market

Highlights

  • Golf Course Community
  • 1.7 Acre Lot
  • Level Lot
  • Truckee Elementary School Rated A-
  • Mountain View
  • 1-minute walk to Martis Camp Park

About This Lot

As of June 2019

Situated on the coveted 4th hole on the Fazio Golf Course at Martis Camp! Offers stunning views of the course as well as Lookout Mountain while offering privacy on over 1.7 acres toward the end of the cul de-sac. Build your dream home and enjoy the sanctuary and amenities that only a community like Martis Camp can offer.

Last Agent to Sell the Property

Nina Skylling-Atkins

Martis Camp Realty, Inc. License #01464625 Listed on: 08/26/2017

Co-Listed By

Kim Kennedy

Martis Camp Realty, Inc. License #01747997

Last Buyer's Agent

Nina Skylling-Atkins

Martis Camp Realty, Inc. License #01464625 Listed on: 08/26/2017

Property Details

Property Type

  • Land

Lot Details

  • 1.7 Acre Lot
  • Level Lot

HOA Fees

  • $333 Monthly HOA Fees

Utilities

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

Additional Features

  • Mountain Views
  • Design Review Required

Community Details

Overview

  • $350 HOA Transfer Fee
  • Martis Valley Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Golf Course Community

Property Details

Property Type

Land

Lot Details

1.7 Acres

HOA Fees

$333 per month

Listing Details

  • "Covenants: Y
  • Estimated Lot Size: 1.51-2.50
  • Community: Martis Valley
  • Directions: Take Schaffer Mill Road and take Right at Olana Drive. Take right onto Boscobel Court. 2nd lot Right
  • Number of Acres: 1.7
  • Service Type: Full Service
  • Setting: GOLF
  • Sign: Y
  • SPCDISC: Architectural Review
  • Sub-Area: 7SO
  • Sub-Status: Standard
  • Topography: Level
  • Zoning: R-1
  • Access Roads: Paved
  • Access Type: Private
  • Corners: Marked
  • Cross Street: Olana Drive
  • 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: Mountain, Golf
  • Fenced: No

Utilities

  • Utilities at Street: Under Ground

Condo/Co-op/Association

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

Fee Information

  • Private Transfer Fee Amount: 1%
  • Private Transfer Fee YN: Y

Lot Info

  • Lot Number: 114
  • Lot Dimensions: IRR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2021
Sold by
Foster Jonathan P and Foster Amy D
Bought by
Foster Jonathan and Foster Amy
Current Estimated Value
$7,571,766

Purchase Details

Listed on
Aug 26, 2017
Closed on
Jun 2, 2019
Sold by
Weinberg Mark J and Engstrom Ann E
Bought by
Foster Jonathan P and Foster Amy D
Seller's Agent
Nina Skylling-Atkins
Martis Camp Realty, Inc.
Buyer's Agent
Nina Skylling-Atkins
Martis Camp Realty, Inc.
List Price
$2,095,000
Sold Price
$1,549,000
Premium/Discount to List
-$546,000
-26.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.15%
Original Mortgage
$1,149,000
Outstanding Balance
$1,010,252
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$6,561,514

Purchase Details

Listed on
Jul 9, 2012
Closed on
May 6, 2015
Sold by
Kaehr Timothy A and Kaehr Robin J
Bought by
Weinberg Mark J and Engstrom Ann E
Seller's Agent
Larry Lawrence
Lawrence Realty
Buyer's Agent
Yolanda Richmond
Better Homes and Gardens Real Estate Napolitano & Associates
List Price
$1,195,000
Sold Price
$1,100,000
Premium/Discount to List
-$95,000
-7.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.82%

Purchase Details

Closed on
Dec 1, 2012
Sold by
Kaehr Timothy Allan and Kaehr Robin Joy
Bought by
Kaehr Timothy A and Kaehr Robin J

Purchase Details

Closed on
Sep 22, 2006
Sold by
Dmb/Highlands Group Llc
Bought by
Kaehr Timothy Allan and Kaehr Robin Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
6.53%
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
Foster Jonathan -- None Available
Foster Jonathan P $1,549,000 Fidelity Natl Ttl Co Of Ca
Weinberg Mark J $1,100,000 Fidelity National Title Co
Kaehr Timothy A $9,091 None Available
Kaehr Timothy Allan $896,245 Fidelity Natl Title Co Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foster Jonathan P $1,149,000
Previous Owner Kaehr Timothy Allan $675,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/04/2019 06/04/19 Sold $1,549,000 -26.1% --
05/02/2019 05/02/19 Pending -- -- --
08/26/2017 08/26/17 For Sale $2,095,000 +90.5% --
05/18/2015 05/18/15 Sold $1,100,000 -7.9% -- View Prior Sale
04/16/2015 04/16/15 Pending -- -- --
07/09/2012 07/09/12 For Sale $1,195,000 -- --
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 $34,461 $4,305,610 $1,727,936 $2,577,674
2023 $34,461 $2,805,279 $1,660,839 $1,144,440
2022 $31,084 $2,750,274 $1,628,274 $1,122,000
2021 $20,822 $1,834,348 $1,596,348 $238,000
2020 $17,797 $1,579,980 $1,579,980 $0
2019 $13,871 $1,185,129 $1,185,129 $0
2018 $13,378 $1,161,892 $1,161,892 $0
2017 $13,171 $1,139,110 $1,139,110 $0
2016 $13,095 $1,116,775 $1,116,775 $0
2015 $11,668 $999,114 $999,114 $0
2014 -- $979,543 $979,543 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20172467

Tahoe Sierra Board of REALTORS®

APN: 106-040-006

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