NOT LISTED FOR SALE

Estimated Value: $6,276,000 - $7,251,705

5 Beds
5.5 Baths
4,398 Sq Ft
$1,539/Sq Ft Est. Value

Last Sold March 04, 2024

Last sale price $6,400,000 $1,455 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $40,099/month

162 Days on Market

Highlights

  • Gated Community
  • View of Trees or Woods
  • Fireplace in Primary Bedroom
  • Truckee Elementary School Rated A-
  • 1.03 Acre Lot
  • Wood Flooring

About This Home

As of March 2024

It’s one minute to Martis Camp’s private ski lodge and the Martis Camp Chairlift, two more minutes to the tennis pavilion, and only a dozen steps or so to the chair by the firepit on the back deck overlooking the Pacific Crest. Adding to its ideal location is the fact that this 5-bed, 5.5-bath Martis Camp estate is situated on a quiet cul-de-sac. Beyond the front door is a great room separated from the expansive deck by accordion doors. The kitchen enjoys this same view and is accented by a large counter and a pass-through window to the deck, easing the transfer of food and beverages from the kitchen to the barbecue and deck. Before the kitchen is a dining room with forest views, while the hallway leads past a pantry, office, and to the primary suite with its own deck, fireplace and an enticingly grand bathtub. Downstairs is a media room with big screen tv, mini-bar, and a large covered patio with lawn, hot tub, and spiral stairs winding back up to the upper deck. Nearby is a bunk room that, a bedroom, and a junior suite, both with views of the Pacific Crest. Appliances in this 4,398 square-foot home include a KitchenAid fridge and Thermador stove. Bold iron beams in the living area lend a handsome elegance to this home, conveniently placed in that community that Forbes calls, “Possibly the best four-season private community in the U.S.”

Last Agent to Sell the Property

Jeffrey Hull

Martis Camp Realty, Inc. License #01749797 Listed on: 08/19/2023

Last Buyer's Agent

Jeffrey Hull

Martis Camp Realty, Inc. License #01749797 Listed on: 08/19/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2014

Lot Details

  • 1.03 Acre Lot
  • Lot Sloped Down

Parking

  • 3 Car Attached Garage

Property Views

  • Woods
  • Mountain

Home Design

  • Mountain Architecture
  • Slab Foundation
  • Composition Roof
  • Metal Roof

Interior Spaces

  • 4,398 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Multiple Fireplaces
  • Mud Room
  • Family Room
  • Living Room with Fireplace
  • Home Office
  • Wood Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Heating System Uses Natural Gas
  • Utility District

Additional Features

  • Multiple Outdoor Decks
  • Design Review Required

Community Details

Overview

  • Property has a Home Owners Association
  • $500 HOA Transfer Fee
  • Martis Valley Community

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2014

Lot Details

1.03 Acres

Listing Details

  • Age: 5-10 Years
  • Estimated Lot Size: .76 - 1.50
  • Community: Martis Valley
  • Directions: Schaffer Mill Rd., Right on Fallen Leaf, Pass Ski Lodge, Right on Cloudcroft, Home is 3rd on Left.
  • Number of Acres: 1.03
  • Service Type: Full Service
  • Setting: Street
  • SPCDISC: Architectural Review
  • Sub-Area: 7SO
  • Sub-Status: Standard
  • Topography: Downslope
  • Year Built: 2014
  • Zoning: R-1
  • Cross Street: Fallen Leaf
  • Other: Pantry, High Ceilings, Landscaping, Hot Tub
  • Sewer: Utility District
  • Estimated Sq Ft: PLANS
  • Architecture: Mountain
  • Gated: To Subdivision
  • Sign YN: Y
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Heating: Natural Gas
  • Estimated Sq Ft: 4398
  • Stories: Two
  • Water Company: NCSD
  • Gas: Natural
  • Water: Utility District, Water Company
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer, Other
  • Bonus Rooms: Family Room, Office, Mud Room
  • Fireplace: Living Room, Master Bedroom, 2 or +
  • Furnished: Mostly
  • Bedrooms: 5
  • Floor Coverings: Wood
  • Main Floor Half Bathrooms: 1

Exterior Features

  • View: Wooded, Mountain
  • Construction Exterior: Framed
  • Foundation: Slab
  • Roof: Composition, Metal
  • Decks: 2
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: Three
  • Garage/Parking: Attached

Utilities

  • Laundry: Room

Condo/Co-op/Association

  • HOA Fees: 1850
  • HOA Transfer Fee: $500
  • HOA Membership: Y

Fee Information

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

Lot Info

  • Lot Number: 538
  • Lot Dimensions: IRR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2023
Closed on
Feb 23, 2024
Sold by
9513 Cloudcroft Llc
Bought by
Ganesan Living Trust and Ganesan
Seller's Agent
Jeffrey Hull
Martis Camp Realty, Inc.
Buyer's Agent
Jeffrey Hull
Martis Camp Realty, Inc.
List Price
$7,100,000
Sold Price
$6,400,000
Premium/Discount to List
-$700,000
-9.86%
Views
86
Current Estimated Value
$6,769,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,676
Avg. Annual Appreciation
2.78%
Original Mortgage
$3,840,000
Outstanding Balance
$3,764,700
Interest Rate
6.05%
Mortgage Type
New Conventional
Estimated Equity
$3,004,976

Purchase Details

Listed on
May 7, 2020
Closed on
Jun 30, 2020
Sold by
Hanel Stacy
Bought by
Solter Chad D and Solter Leah K
Seller's Agent
Mark Murrell
Martis Camp Realty, Inc.
Buyer's Agent
Liza Killen
Tahoe Mountain Realty
List Price
$4,895,000
Sold Price
$4,675,000
Premium/Discount to List
-$220,000
-4.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.01%
Original Mortgage
$3,740,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 9, 2017
Closed on
Oct 6, 2018
Sold by
Greenberg Joel S and Greenberg Michelle L
Bought by
Hanel Stacy
Seller's Agent
Jeffrey Hull
Martis Camp Realty, Inc.
Buyer's Agent
Mark Murrell
Martis Camp Realty, Inc.
List Price
$4,795,000
Sold Price
$4,675,000
Premium/Discount to List
-$120,000
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$3,660,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 30, 2014
Closed on
Oct 26, 2015
Sold by
Podesta Craig and Podesta Gina
Bought by
Greenberg Family Trust
Seller's Agent
Mary Jo Johnson
Martis Camp Realty, Inc.
Buyer's Agent
0 NON-MEMBER
NON Member
List Price
$4,475,000
Sold Price
$3,799,000
Premium/Discount to List
-$676,000
-15.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.29%

Purchase Details

Closed on
Apr 16, 2013
Sold by
Dmb Highlands Group Llc
Bought by
Podesta Craig and Podesta Gina

Purchase Details

Closed on
Feb 28, 2001
Sold by
Chad D Solter And Leah K Solter Living T
Bought by
9513 Cloudcroft Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ganesan Living Trust $6,400,000 Fidelity National Title
Solter Chad D $4,675,000 Fidelity Natl Ttl Co Of Ca
Hanel Stacy $4,675,000 Fidelity National Title Co
Greenberg Family Trust $3,799,000 Fidelity National Title Co
Podesta Craig $945,000 Fidelity National Title Co
9513 Cloudcroft Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ganesan Living Trust $3,840,000
Previous Owner Solter Chad D $3,740,000
Previous Owner Hanel Stacy $3,660,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/04/2024 03/04/24 Sold $6,400,000 -4.4% $1,455 / Sq Ft
01/28/2024 01/28/24 Pending -- -- --
10/20/2023 10/20/23 Price Changed $6,695,000 -5.7% $1,522 / Sq Ft
08/19/2023 08/19/23 For Sale $7,100,000 +51.9% $1,614 / Sq Ft
07/13/2020 07/13/20 Sold $4,675,000 -4.5% $1,063 / Sq Ft View Prior Sale
06/07/2020 06/07/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $4,895,000 0.0% $1,113 / Sq Ft
05/19/2020 05/19/20 Pending -- -- --
05/07/2020 05/07/20 For Sale $4,895,000 +4.7% $1,113 / Sq Ft
10/15/2018 10/15/18 Sold $4,675,000 -2.5% $1,063 / Sq Ft View Prior Sale
09/14/2018 09/14/18 Pending -- -- --
12/09/2017 12/09/17 For Sale $4,795,000 +26.2% $1,090 / Sq Ft
11/02/2015 11/02/15 Sold $3,799,000 -15.1% $864 / Sq Ft View Prior Sale
10/03/2015 10/03/15 Pending -- -- --
05/30/2014 05/30/14 For Sale $4,475,000 -- $1,018 / Sq Ft
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 $53,878 $6,528,000 $2,550,000 $3,978,000
2023 $53,878 $4,863,870 $1,560,600 $3,303,270
2022 $52,921 $4,768,500 $1,530,000 $3,238,500
2021 $50,799 $4,675,000 $1,500,000 $3,175,000
2020 $52,980 $4,768,500 $1,530,000 $3,238,500
2019 $53,334 $4,675,000 $1,500,000 $3,175,000
2018 $43,972 $3,925,481 $1,144,440 $2,781,041
2017 $43,281 $3,848,511 $1,122,000 $2,726,511
2016 $43,045 $3,773,050 $1,100,000 $2,673,050
2015 $35,905 $3,168,256 $968,256 $2,200,000
2014 $12,318 $1,084,290 $949,290 $135,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20231533

Tahoe Sierra Board of REALTORS®

APN: 106-410-003

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