NOT LISTED FOR SALE

Estimated Value: $2,333,596 - $2,647,000

1.58 Acres
$1,595,273 Price per Acre
68,825 Sq Ft Lot

Last Sold February 17, 2021

Last sale price $1,850,000

Est. 36% increase in value since last sale

Current estimated payment $15,514/month

Highlights

  • 1.58 Acre Lot
  • Truckee Elementary School Rated A-
  • Gentle Sloping Lot

About This Lot

As of February 2021

This beautiful 1.58 acre homesite is level with spanning views from Lookout Mountain to the Carson Range to the Martis Valley and beyond. With not only great views, but also a great location to skiing, Tennis and the Springs Pavilion.

Last Agent to Sell the Property

Jeffrey Hull

Martis Camp Realty, Inc. License #01749797 Listed on: 10/22/2020

Last Buyer's Agent

0 NON-MEMBER

NON Member

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $20,808

Lot Details

  • 1.58 Acre Lot
  • Gentle Sloping Lot
  • Property is zoned R1

HOA Fees

  • $417 Monthly HOA Fees

Location

  • Design Review Required

Utilities

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

Community Details

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

Property Details

Property Type

Land

Est. Annual Taxes

$20,808

Lot Details

0

HOA Fees

$417 per month

Listing Details

  • "Covenants: Y
  • Estimated Lot Size: 1.51-2.50
  • Community: Martis Valley
  • Directions: Schaffer Mill to Newhall, then right onto Dunsmuir, the lot is on the bend before the roundabout
  • Number of Acres: 1.58
  • Service Type: Full Service
  • Setting: STREET
  • Sign: Y
  • SPCDISC: Architectural Review
  • Sub-Area: 7SO
  • Sub-Status: Standard
  • Topography: Gentle
  • Zoning: R1
  • Access Roads: Paved
  • Access Type: Private
  • Corners: Marked
  • Cross Street: Schaffer Mill
  • 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, Water Company

Exterior Features

  • View: Filtered
  • Fenced: No

Utilities

  • Utilities at Street: Under Ground

Condo/Co-op/Association

  • HOA: Y
  • HOA Fees: 1250
  • HOA Fee Frequency: Q
  • HOA Membership Mandatory: Y
  • HOA Transfer Fee: 350

Lot Info

  • Lot Number: 462
  • Lot Dimensions: IRR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2024
Sold by
Jin Edmund and Lu Eva
Bought by
Jin Oliver
Current Estimated Value
$2,520,532

Purchase Details

Listed on
Oct 22, 2020
Closed on
Feb 10, 2021
Sold by
Peterson Stuart L and Peterson Gina R
Bought by
Jin Edmund and Lu Eva
Seller's Agent
Jeffrey Hull
Martis Camp Realty, Inc.
Buyer's Agent
0 NON-MEMBER
NON Member
List Price
$1,895,000
Sold Price
$1,850,000
Premium/Discount to List
-$45,000
-2.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.86%

Purchase Details

Listed on
Jan 15, 2020
Closed on
Aug 18, 2020
Sold by
Cross Shawn M and Cross Samantha Lee
Bought by
Peterson Stuart L and Peterson Gina R
Seller's Agent
Jonas Mikals
Martis Camp Realty, Inc.
Buyer's Agent
Jeffrey Hull
Martis Camp Realty, Inc.
List Price
$1,595,000
Sold Price
$1,650,000
Premium/Discount to List
$55,000
3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.92%

Purchase Details

Closed on
Nov 13, 2017
Sold by
Cross Shawn and Cross Samantha
Bought by
Erickson Cross Shawn M and Erickson Cross Samantha Lee

Purchase Details

Listed on
Apr 11, 2016
Closed on
Jul 15, 2016
Sold by
Mc Lot 462 Llc
Bought by
Cross Shawn and Cross Samantha
Seller's Agent
Jonas Mikals
Martis Camp Realty, Inc.
Buyer's Agent
Jonas Mikals
Martis Camp Realty, Inc.
List Price
$1,475,000
Sold Price
$1,350,000
Premium/Discount to List
-$125,000
-8.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%
Original Mortgage
$807,000
Interest Rate
3.48%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 21, 2015
Sold by
Dmb Highlands Group Llc
Bought by
Mc Lot 462 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$685,680
Interest Rate
3.97%
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
Jin Oliver -- None Listed On Document
Jin Edmund $1,804,500 Chicago Title Company
Peterson Stuart L $1,650,000 Fidelity Natl Ttl Co Of Ca
Erickson Cross Shawn M -- None Available
Cross Shawn $1,350,000 Fidelity National Title Co
Mc Lot 462 Llc $1,143,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cross Shawn $807,000
Previous Owner Mc Lot 462 Llc $685,680
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/17/2021 02/17/21 Sold $1,850,000 -2.4% --
01/31/2021 01/31/21 Pending -- -- --
10/22/2020 10/22/20 For Sale $1,895,000 +14.8% --
08/26/2020 08/26/20 Sold $1,650,000 -2.7% -- View Prior Sale
07/23/2020 07/23/20 Pending -- -- --
06/18/2020 06/18/20 Price Changed $1,695,000 +6.3% --
01/15/2020 01/15/20 For Sale $1,595,000 +18.1% --
08/02/2016 08/02/16 Sold $1,350,000 -8.5% -- View Prior Sale
06/15/2016 06/15/16 Pending -- -- --
04/11/2016 04/11/16 For Sale $1,475,000 -- --
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 $20,808 $2,431,000 $2,142,000 $289,000
2023 $20,808 $1,877,401 $1,877,401 $0
2022 $20,493 $1,840,590 $1,840,590 $0
2021 $18,131 $1,650,000 $1,650,000 $0
2020 $16,196 $1,432,630 $1,432,630 $0
2019 $16,301 $1,404,540 $1,404,540 $0
2018 $15,724 $1,377,000 $1,377,000 $0
2017 $15,480 $1,350,000 $1,350,000 $0
2016 $13,377 $1,142,800 $1,142,800 $0
2015 $785 $15,369 $15,369 $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: 20203320

Tahoe Sierra Board of REALTORS®

APN: 106-430-012