NOT LISTED FOR SALE

Estimated Value: $6,642,000 - $7,821,000

1.3 Acres
$5,635,502 Price per Acre
56,628 Sq Ft Lot

Last Sold March 13, 2020

Last sale price $1,065,000

Est. 594% increase in value since last sale

Current estimated payment $46,421/month

189 Days on Market

Highlights

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

About This Lot

As of March 2020

This homesite defines Martis Camp with over an acre of property featuring views to the Carson Range. The perfect lifestyle exists here with some of Martis Camp’s best amenities within walking distance including the Tennis Pavilion, Springs Pavilion, Lookout Lodge and the Aerial Adventure Park.

Last Agent to Sell the Property

Jonas Mikals

Martis Camp Realty, Inc. License #01842455 Listed on: 08/23/2019

Last Buyer's Agent

0 NON-MEMBER

NON Member

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $62,428

Lot Details

  • 1.3 Acre Lot
  • Lot Sloped Up

HOA Fees

  • $400 Monthly HOA Fees

Utilities

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

Additional Features

  • Views of Woods
  • Design Review Required

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

$62,428

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • "Covenants: Y
  • Estimated Lot Size: .76-1.50
  • Community: Martis Valley
  • Directions: Schaffer Mill, left on Newhall, right on Dunsmuir, lot is second on the right
  • Number of Acres: 1.3
  • 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
  • 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: Wooded

Utilities

  • Utilities at Street: Under Ground

Condo/Co-op/Association

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

Fee Information

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

Lot Info

  • Lot Number: 665
  • Lot Dimensions: IRR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2021
Sold by
Miller Otto
Bought by
Brooks Kim
Current Estimated Value
$7,390,912

Purchase Details

Listed on
Aug 23, 2019
Closed on
Mar 10, 2020
Sold by
Grieve Robson B and Grieve Christine E
Bought by
Brooks Kim and Miller Otto
Seller's Agent
Jonas Mikals
Martis Camp Realty, Inc.
Buyer's Agent
0 NON-MEMBER
NON Member
List Price
$1,175,000
Sold Price
$1,065,000
Premium/Discount to List
-$110,000
-9.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.68%
Original Mortgage
$715,000
Interest Rate
3.5%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Mar 2, 2018
Closed on
Jun 29, 2018
Sold by
Denny Jeffrey G and Denny Karen B
Bought by
Grieve Robson B and Grieve Christine E Andrews
Seller's Agent
Thomas Barrett
Martis Camp Realty, Inc.
Buyer's Agent
Jonas Mikals
Martis Camp Realty, Inc.
List Price
$995,000
Sold Price
$925,000
Premium/Discount to List
-$70,000
-7.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.81%

Purchase Details

Listed on
Aug 21, 2015
Closed on
Jan 13, 2017
Sold by
Woodring Peter
Bought by
Denny Jeffrey G and Denny Karen B
Seller's Agent
Jonas Mikals
Martis Camp Realty, Inc.
Buyer's Agent
Jonas Mikals
Martis Camp Realty, Inc.
List Price
$960,000
Sold Price
$800,000
Premium/Discount to List
-$160,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.46%

Purchase Details

Closed on
Jul 29, 2015
Sold by
Keegan Molly
Bought by
Woodring Peter
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
Brooks Kim -- None Available
Brooks Kim $1,065,000 Chicago Title Company
Grieve Robson B $925,000 Fidelity Natl Title Citrus
Denny Jeffrey G $800,000 Fidelity National Title Co
Woodring Peter -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brooks Kim $3,500,000
Previous Owner Brooks Kim $3,200,000
Previous Owner Brooks Kim $715,000
Previous Owner Woodring Peter $227,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2020 03/13/20 Sold $1,065,000 -9.4% --
02/28/2020 02/28/20 Pending -- -- --
08/23/2019 08/23/19 For Sale $1,175,000 +27.0% --
07/11/2018 07/11/18 Sold $925,000 -7.0% --
05/24/2018 05/24/18 Pending -- -- --
03/02/2018 03/02/18 For Sale $995,000 +24.4% --
01/24/2017 01/24/17 Sold $800,000 -16.7% --
12/21/2016 12/21/16 Pending -- -- --
08/21/2015 08/21/15 For Sale $960,000 -- --
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 $62,428 $5,964,673 $1,170,673 $4,794,000
2023 $62,428 $2,573,215 $1,125,215 $1,448,000
2022 $28,289 $2,551,152 $1,103,152 $1,448,000
2021 $14,887 $1,335,033 $1,076,033 $259,000
2020 $11,473 $943,500 $943,500 $0
2019 $10,980 $925,000 $925,000 $0
2018 $9,594 $816,000 $816,000 $0
2017 $8,965 $756,444 $756,444 $0
2016 $8,909 $741,612 $741,612 $0
2015 $8,763 $736,000 $736,000 $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: 20192459

Tahoe Sierra Board of REALTORS®

APN: 106-430-032