NOT LISTED FOR SALE

Estimated Value: $6,767,851 - $7,387,000

5 Beds
5.5 Baths
4,500 Sq Ft
$1,568/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $5,200,000 $1,156 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $42,658/month

157 Days on Market

Highlights

  • Gated Community
  • View of Trees or Woods
  • Living Room with Fireplace
  • Truckee Elementary School Rated A-
  • Deck
  • Recreation Room

About This Home

As of May 2020

This stunning home is within walking distance Tennis Pavilion and Springs Park Pavilion and has beautiful views on Northstar’s Lookout Mountain. The media room has three big screens and a private, north-facing deck. It's roomy, yet intimate kitchen and a patio that wraps around to covered/heated outdoor dining. Kelly & Stone Architects Includes furnishings, some furnishings, have changed form what is pictured in this listing. 1% Conveyance fee & $10,000 Social Membership fees apply

Last Agent to Sell the Property

Nina Skylling-Atkins

Martis Camp Realty, Inc. License #01464625 Listed on: 08/18/2019

Co-Listed By

Kim Kennedy

Martis Camp Realty, Inc. License #01747997

Last Buyer's Agent

Jonas Mikals

Martis Camp Realty, Inc. License #01842455

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $58,098

Year Built

  • Built in 2017

Lot Details

  • 0.6 Acre Lot
  • Lot Sloped Up

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Woods
  • Mountain

Home Design

  • Mountain Architecture
  • Composition Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 4,500 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Multiple Fireplaces
  • Living Room with Fireplace
  • Home Office
  • Recreation Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Heating System Uses Natural Gas
  • Utility District

Additional Features

  • Deck
  • Design Review Required

Community Details

Overview

  • $350 HOA Transfer Fee
  • Martis Valley Community

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$58,098

Year Built

Built in 2017

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Age: 1-5 Years
  • Estimated Lot Size: .51 - .755
  • Community: Martis Valley
  • Directions: Schaffer Mill, left on Newhall, right on Dunsmuir, home is on the left just after Elsinore Ct
  • Number of Acres: 0.6
  • Service Type: Full Service
  • Setting: Street
  • SPCDISC: Architectural Review
  • Sub-Area: 7SO
  • Sub-Status: Standard
  • Topography: Upslope, Gentle
  • Year Built: 2017
  • Other: Pantry, High Ceilings, Hot Tub
  • Sewer: Utility District
  • Estimated Sq Ft: ASSESSOR
  • Architecture: Mountain
  • Gated: To Subdivision
  • Property Condition: Like New
  • Sign YN: Y
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Heating: Natural Gas
  • Estimated Sq Ft: 4500
  • Stories: Two
  • Water Company: NCSD
  • Gas: Natural
  • Water: Utility District, Water Company
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Bonus Rooms: Office, Rec Room
  • Fireplace: Living Room, 2 or +
  • Furnished: Mostly
  • Bathrooms: 5.5
  • Bedrooms: 5
  • Floor Coverings: Carpet, Wood

Exterior Features

  • View: Filtered, Wooded, Mountain, Ski Resort
  • Construction Exterior: Framed, Wooded
  • Roof: Composition, Metal
  • Decks: 1
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: Two
  • Garage/Parking: Attached

Utilities

  • Laundry: Room

Condo/Co-op/Association

  • HOA Fees: 1200
  • HOA Fee Frequency: Q
  • HOA Transfer Fee: 350
  • HOA Membership: Y

Fee Information

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

Lot Info

  • Lot Number: 670

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2019
Closed on
May 20, 2020
Sold by
Morgan Lisa Hofmann
Bought by
Cohen Andrew and Cohen Melissa F
Seller's Agent
Nina Skylling-Atkins
Martis Camp Realty, Inc.
Buyer's Agent
Jonas Mikals
Martis Camp Realty, Inc.
List Price
$5,649,000
Sold Price
$5,200,000
Premium/Discount to List
-$449,000
-7.95%
Current Estimated Value
$7,057,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,857,213
Avg. Annual Appreciation
5.83%
Original Mortgage
$3,380,000
Outstanding Balance
$2,940,284
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$4,116,929

Purchase Details

Listed on
Sep 4, 2018
Closed on
May 29, 2019
Sold by
Mikals Jonas and Mikals Maura
Bought by
The Lisa Hofmann Morgan Revocable Trust
Seller's Agent
Jonas Mikals
Martis Camp Realty, Inc.
Buyer's Agent
Nina Skylling-Atkins
Martis Camp Realty, Inc.
List Price
$5,495,000
Sold Price
$5,100,000
Premium/Discount to List
-$395,000
-7.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.98%

Purchase Details

Closed on
Oct 7, 2014
Sold by
Dmb Highlands Group Llc
Bought by
Mikals Jonas and Mikals Maura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,703
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Cohen Andrew -- Fidelity Natl Ttl Co Of Ca
The Lisa Hofmann Morgan Revocable Trust $5,100,000 Fidelity Natl Ttl Co Of Ca
Mikals Jonas $644,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cohen Andrew $3,380,000
Previous Owner Mikals Jonas $450,703
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/29/2020 05/29/20 Sold $5,200,000 -7.9% $1,156 / Sq Ft
01/22/2020 01/22/20 Pending -- -- --
08/18/2019 08/18/19 For Sale $5,649,000 +10.8% $1,255 / Sq Ft
06/03/2019 06/03/19 Sold $5,100,000 -7.2% $1,133 / Sq Ft View Prior Sale
03/06/2019 03/06/19 Pending -- -- --
09/04/2018 09/04/18 For Sale $5,495,000 -- $1,221 / Sq Ft
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 $58,098 $5,468,225 $1,339,713 $4,128,512
2023 $58,098 $5,255,890 $1,287,692 $3,968,198
2022 $57,079 $5,152,835 $1,262,444 $3,890,391
2021 $54,775 $5,051,800 $1,237,691 $3,814,109
2020 $55,461 $4,998,000 $1,224,000 $3,774,000
2019 $44,152 $3,855,687 $693,687 $3,162,000
2018 $42,304 $3,780,086 $680,086 $3,100,000
2017 $16,401 $1,402,751 $666,751 $736,000
2016 $9,801 $819,678 $653,678 $166,000
2015 $7,744 $643,860 $643,860 $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: 20192392

Tahoe Sierra Board of REALTORS®

APN: 106-430-037