NOT LISTED FOR SALE

Estimated Value: $1,860,000 - $2,333,000

1.36 Acres
$1,557,171 Price per Acre
59,242 Sq Ft Lot

Last Sold November 04, 2020

Last sale price $1,595,000

Est. 33% increase in value since last sale

Current estimated payment $14,167/month

4 Days on Market

Highlights

  • View of Trees or Woods
  • 1.36 Acre Lot
  • 1-minute walk to Martis Camp Park
  • Truckee Elementary School Rated A-

About This Lot

As of November 2020

This large 1.4 acre lot is very private, South, South-East Facing, Virtually Flat, with a beautiful Rock outcropping in the back with filteredviews toward Lookout Mountain. There is also an open space trail buffer between the adjacent lots 10 & 1.

Last Agent to Sell the Property

Mark Murrell

Martis Camp Realty, Inc. License #01390661 Listed on: 09/26/2020

Last Buyer's Agent

Mark Murrell

Martis Camp Realty, Inc. License #01390661 Listed on: 09/26/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $27,012

Lot Details

  • 1.36 Acre Lot
  • Property is zoned R1

HOA Fees

  • $400 Monthly HOA Fees

Property Views

  • Woods
  • Mountain

Location

  • Design Review Required

Utilities

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

Community Details

  • $350 HOA Transfer Fee
  • Martis Valley Community

Property Details

Property Type

Land

Est. Annual Taxes

$27,012

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Estimated Lot Size: .76-1.50
  • Community: Martis Valley
  • Number of Acres: 1.36
  • Service Type: Full Service
  • Setting: STREET
  • SPCDISC: Architectural Review
  • Sub-Area: 7SO
  • Sub-Status: Standard
  • Zoning: R1
  • Access Roads: Paved
  • Access Type: Private
  • Corners: Marked
  • 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: Peek, Wooded, Mountain
  • Fenced: No

Utilities

  • Utilities at Street: Under Ground

Condo/Co-op/Association

  • HOA Fees: 1200
  • 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: 5
  • Lot Dimensions: IRR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2020
Closed on
Oct 31, 2020
Sold by
Moore Sean M
Bought by
Cheek Jonathan and Cheek Laura
Seller's Agent
Mark Murrell
Martis Camp Realty, Inc.
Buyer's Agent
Mark Murrell
Martis Camp Realty, Inc.
List Price
$1,595,000
Sold Price
$1,595,000
Current Estimated Value
$2,117,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$522,753
Avg. Annual Appreciation
6.07%
Original Mortgage
$745,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 30, 2018
Closed on
Aug 8, 2018
Sold by
Swartz Deanne
Bought by
Moore Sean M
Seller's Agent
Mark Murrell
Martis Camp Realty, Inc.
Buyer's Agent
Mark Murrell
Martis Camp Realty, Inc.
List Price
$995,000
Sold Price
$965,000
Premium/Discount to List
-$30,000
-3.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.40%
Original Mortgage
$550,000
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 30, 2018
Closed on
Aug 6, 2018
Sold by
Svc Holdings Llc
Bought by
Moore Sean M
Seller's Agent
Mark Murrell
Martis Camp Realty, Inc.
Buyer's Agent
Mark Murrell
Martis Camp Realty, Inc.
List Price
$995,000
Sold Price
$965,000
Premium/Discount to List
-$30,000
-3.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 26, 2017
Closed on
Aug 9, 2017
Sold by
Giumarra George
Bought by
Svc Holdings Llc
Seller's Agent
Mark Murrell
Martis Camp Realty, Inc.
Buyer's Agent
Mark Murrell
Martis Camp Realty, Inc.
List Price
$815,000
Sold Price
$800,000
Premium/Discount to List
-$15,000
-1.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.63%

Purchase Details

Closed on
Apr 4, 2012
Sold by
Dmb Highlands Group Llc
Bought by
Giumarra George

Purchase Details

Closed on
Apr 21, 2011
Sold by
Pettit Mitchell S
Bought by
Dmb Highlands Group Llc

Purchase Details

Closed on
Sep 18, 2007
Sold by
Dmb/Highlands Group Llc
Bought by
Pettit Mitchell S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,388
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 2007
Sold by
Shelton James N
Bought by
Dmb/Highlands Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,388
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 2006
Sold by
Dmb/Highlands Group Llc
Bought by
Shelton Ii James N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Cheek Jonathan $1,595,000 Fidelity Natl Ttl Co Of Ca
Moore Sean M -- Fidelity National Title
Moore Sean M $965,000 Fidelity National Title Co
Svc Holdings Llc $800,000 Fidelity National Title Co
Giumarra George $625,500 Fidelity National Title Comp
Dmb Highlands Group Llc $625,500 Fidelity National Title Comp
Pettit Mitchell S $607,000 Fidelity Natl Title Co Of Ca
Pettit Mitchell S -- Fidelity Natl Title Co Of Ca
Dmb/Highlands Group Llc $469,000 Fidelity Natl Title Co Of Ca
Shelton Ii James N $468,754 Fidelity Natl Title Co Of Ca
Shelton Ii James N -- Fidelity Natl Title Co Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jlc Revocable Trust $3,300,000
Closed Cheek Jonathan $745,000
Previous Owner Moore Sean M $550,000
Previous Owner Pettit Mitchell S $485,388
Previous Owner Shelton Ii James N $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2020 11/04/20 Sold $1,595,000 0.0% --
09/30/2020 09/30/20 Pending -- -- --
09/26/2020 09/26/20 For Sale $1,595,000 +65.3% --
08/16/2018 08/16/18 Sold $965,000 -3.0% --
07/10/2018 07/10/18 Pending -- -- --
04/30/2018 04/30/18 For Sale $995,000 +24.4% --
08/15/2017 08/15/17 Sold $800,000 -1.8% --
08/01/2017 08/01/17 Pending -- -- --
05/26/2017 05/26/17 For Sale $815,000 -- --
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 $27,012 $3,868,478 $1,726,478 $2,142,000
2023 $27,012 $1,659,438 $1,659,438 $0
2022 $18,189 $1,626,900 $1,626,900 $0
2021 $17,558 $1,595,000 $1,595,000 $0
2020 $11,357 $984,300 $984,300 $0
2019 $11,425 $965,000 $965,000 $0
2018 $9,419 $800,000 $800,000 $0
2017 $8,091 $676,953 $676,953 $0
2016 $8,039 $663,680 $663,680 $0
2015 $7,848 $653,711 $653,711 $0
2014 $7,530 $640,906 $640,906 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20202990

Tahoe Sierra Board of REALTORS®

APN: 106-010-005