NOT LISTED FOR SALE

Estimated Value: $2,798,021 - $3,159,000

1.08 Acres
$2,734,266 Price per Acre
47,045 Sq Ft Lot

Last Sold September 14, 2021

Last sale price $2,600,000

Est. 14% increase in value since last sale

Current estimated payment $18,504/month

Highlights

  • View of Trees or Woods
  • 1.08 Acre Lot
  • Lot Sloped Up
  • Truckee Elementary School Rated A-

About This Lot

As of September 2021

This gorgeous homesite offers filtered short range views to Lookout Mountain and longer range views to the Carson Range. The gentle upsloping topography creates an ideal canvas to design your dream home in Martis Camp with close proximity to the Tennis Pavilion, Springs Pavilion and Martis Camp’s private ski lodge. Design your own spectacular home or develop the current concepts created by renowned architect Clare Walton. **Golf Membership available with this lot!

Last Agent to Sell the Property

Jeffrey Hull

Martis Camp Realty, Inc. License #01749797 Listed on: 05/29/2021

Last Buyer's Agent

Kim Kennedy

Martis Camp Realty, Inc. License #01747997

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $29,154

Lot Details

  • 1.08 Acre Lot
  • Lot Sloped Up

HOA Fees

  • $417 Monthly HOA Fees

Utilities

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

Additional Features

  • Views of Woods
  • Design Review Required

Community Details

  • Martis Valley Community
  • The community has rules related to covenants, conditions, and restrictions

Property Details

Property Type

Land

Est. Annual Taxes

$29,154

Lot Details

0

HOA Fees

$417 per month

Listing Details

  • "Covenants: Y
  • Estimated Lot Size: .76-1.50
  • Community: Martis Valley
  • Directions: Schaeffer Mill Rd. Left on Newhall Dr., Right on Dunsmuir Way, 4th lot on the right.
  • Number of Acres: 1.08
  • Service Type: Full Service
  • Setting: STREET
  • Sign: Y
  • SPCDISC: Architectural Review
  • Sub-Area: 7SO
  • Sub-Status: Standard
  • Topography: Upslope, Gentle
  • Zoning: R-1
  • Access Roads: Paved
  • Access Type: Private
  • Corners: Marked
  • Cross Street: Newhall Dr.
  • 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: Wooded, Ski Resort
  • 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: Y

Fee Information

  • Private Transfer Fee Amount: 350
  • Private Transfer Fee YN: Y

Lot Info

  • Lot Number: 667
  • Lot Dimensions: IRR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2021
Closed on
Sep 12, 2021
Sold by
Walther Dennis and Walther Chris
Bought by
Ko Bryan S and Ko Docria L
Seller's Agent
Jeffrey Hull
Martis Camp Realty, Inc.
Buyer's Agent
Kim Kennedy
Martis Camp Realty, Inc.
List Price
$2,875,000
Sold Price
$2,600,000
Premium/Discount to List
-$275,000
-9.57%
Current Estimated Value
$2,953,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,007
Avg. Annual Appreciation
3.18%

Purchase Details

Listed on
Sep 18, 2020
Closed on
Dec 16, 2020
Sold by
Madra Parminder and Madra Sundeep
Bought by
Walther Dennis and Walther Chris
Seller's Agent
Jeffrey Hull
Martis Camp Realty, Inc.
Buyer's Agent
Jeffrey Hull
Martis Camp Realty, Inc.
List Price
$1,795,000
Sold Price
$1,625,000
Premium/Discount to List
-$170,000
-9.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
90.38%

Purchase Details

Closed on
Jul 28, 2014
Sold by
Dmb Highlands Group Llc
Bought by
Madra Sundeep and Madra Parminder
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ko Bryan S $2,600,000 Fidelity Natl Ttl Co Of Ca
Walther Dennis $1,625,000 Fidelity Natl Ttl Co Of Ca
Madra Sundeep $796,500 Fidelity National Title Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/14/2021 09/14/21 Sold $2,600,000 -3.5% --
08/14/2021 08/14/21 Pending -- -- --
07/06/2021 07/06/21 Price Changed $2,695,000 -6.3% --
05/29/2021 05/29/21 For Sale $2,875,000 +76.9% --
12/21/2020 12/21/20 Sold $1,625,000 -9.5% -- View Prior Sale
12/11/2020 12/11/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $1,795,000 -- --
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 $29,154 $2,759,140 $2,759,140 --
2023 $29,154 $2,652,000 $2,652,000 $0
2022 $28,718 $2,600,000 $2,600,000 $0
2021 $17,875 $1,625,000 $1,625,000 $0
2020 $10,179 $875,302 $875,302 $0
2019 $10,237 $858,140 $858,140 $0
2018 $9,871 $841,314 $841,314 $0
2017 $9,716 $824,818 $824,818 $0
2016 $9,657 $808,646 $808,646 $0
2015 $9,432 $796,500 $796,500 $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: 20211337

Tahoe Sierra Board of REALTORS®

APN: 106-430-034