NOT LISTED FOR SALE

Estimated Value: $6,084,000 - $9,733,936

1.9 Acres
$3,931,392 Price per Acre
82,764 Sq Ft Lot

Last Sold February 07, 2020

Last sale price $1,100,000

Est. 579% increase in value since last sale

Current estimated payment $45,113/month

246 Days on Market

Highlights

  • Lake Front
  • 1.9 Acre Lot
  • Mountain View
  • Truckee Elementary School Rated A-

About This Lot

As of February 2020

Largest parcel in Lahontan on Gooseneck reservoir - 1.9 acres. The site has privacy and vista views of mountains, golf course & lake with beautiful rock outcropping on street side which gives ultimate privacy. One can build a spectacular estate on this premier homesite and enjoy the scenery year round -from waterfowl, sunsets and more. Walking distance to Lodge and Camp Lahontan makes for easy living. This is the last waterfront acreage in Lahontan. Never before has this homesite been offered until now.

Last Agent to Sell the Property

Mary Jo Johnson

Martis Camp Realty, Inc. License #01758959 Listed on: 05/08/2019

Last Buyer's Agent

Katie Tyler

Tahoe Mountain Realty License #01442453

Property Details

Property Type

  • Land

Lot Details

  • 1.9 Acre Lot
  • Lake Front
  • Lot Sloped Down

HOA Fees

  • $303 Monthly HOA Fees

Utilities

  • Gas Available
  • Utility District
  • Cable TV Available

Additional Features

  • Mountain Views
  • Design Review Required

Community Details

  • $400 HOA Transfer Fee
  • Martis Valley Community
  • The community has rules related to covenants, conditions, and restrictions

Property Details

Property Type

Land

Lot Details

1.9 Acres

HOA Fees

$303 per month

Listing Details

  • "Covenants: Y
  • Estimated Lot Size: 1.51-2.50
  • Community: Martis Valley
  • Directions: Go through gate then L on Lahontan Dr, the R at Garwood Dean then R on George Whittell, lot on R
  • Number of Acres: 1.9
  • Service Type: Full Service
  • Setting: LAKEFRONT
  • Sign: Y
  • SPCDISC: Architectural Review
  • Sub-Area: 7SO
  • Sub-Status: Standard
  • Topography: Downslope
  • Zoning: r-1
  • Cross Street: Lahontan 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: Lake, Panoramic-Lake, Mountain

Condo/Co-op/Association

  • HOA: Y
  • HOA Fees: 910
  • HOA Fee Frequency: Q
  • HOA Membership Mandatory: Y
  • HOA Transfer Fee: 400

Lot Info

  • Lot Number: 174
  • Lot Dimensions: IRR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2019
Closed on
Jan 31, 2020
Sold by
Ozawa Spencer and Ozawa Susan Yumiko
Bought by
Newman David B
Seller's Agent
Mary Jo Johnson
Martis Camp Realty, Inc.
Buyer's Agent
Katie Tyler
Tahoe Mountain Realty
List Price
$1,195,000
Sold Price
$1,100,000
Premium/Discount to List
-$95,000
-7.95%
Current Estimated Value
$7,469,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,369,645
Avg. Annual Appreciation
36.75%

Purchase Details

Closed on
Sep 12, 1997
Sold by
Lahontan Llc
Bought by
Ozawa Spencer and Ozawa Susan Yumiko
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
Newman David B $1,100,000 Fidelity Natl Ttl Co Of Ca
Ozawa Spencer $475,000 First American Title Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2020 02/07/20 Sold $1,100,000 -7.9% --
01/09/2020 01/09/20 Pending -- -- --
05/08/2019 05/08/19 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 $66,225 $6,201,008 $1,203,008 $4,998,000
2023 $66,225 $2,621,295 $1,156,295 $1,465,000
2022 $16,907 $1,528,623 $1,133,623 $395,000
2021 $11,891 $1,111,396 $1,111,396 $0
2020 $7,660 $693,493 $693,493 $0
2019 $7,570 $679,896 $679,896 $0
2018 $7,308 $666,565 $666,565 $0
2017 $7,332 $653,496 $653,496 $0
2016 $7,298 $640,683 $640,683 $0
2015 $7,128 $631,060 $631,060 $0
2014 $5,008 $450,000 $450,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20191219

Tahoe Sierra Board of REALTORS®

APN: 109-120-011

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