$925,000
SOLD JUL 11, 2018
1.03 Acres
$898,058 Price per Acre
44,867 Sq Ft Lot

Recently Sold

7% Below List Price

83 Days on Market

About This Lot

As of March 2020

1% Conveyance Fee and $10,000 Social Membership Fees apply

Last Agent to Sell the Property

Thomas Barrett

Martis Camp Realty, Inc. License #01863598 Listed on: 03/02/2018

Last Buyer's Agent

Jonas Mikals

Martis Camp Realty, Inc. License #01842455

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $62,428

Lot Details

  • 1.03 Acre Lot
  • Lot Sloped Up

HOA Fees

  • $333 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

$62,428

Lot Details

0

HOA Fees

$333 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: 1.03
  • Service Type: Full Service
  • Setting: STREET
  • Sign: Y
  • SPCDISC: Architectural Review
  • Sub-Area: 7SO
  • Sub-Status: Standard
  • Topography: Upslope
  • 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: Filtered

Utilities

  • Utilities at Street: Under Ground

Condo/Co-op/Association

  • HOA: Y
  • HOA Fees: 1000
  • 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
42.58%
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 Type Sale Price Title Company
Grant Deed -- None Available
Grant Deed $1,065,000 Chicago Title Company
Grant Deed $925,000 Fidelity Natl Title Citrus
Grant Deed $800,000 Fidelity National Title Co
Grant Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,500,000 New Conventional
Previous Owner $3,200,000 Construction
Previous Owner $715,000 Seller Take Back
Previous Owner $227,300 Future Advance Clause Open End Mortgage
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: 20180435

Tahoe Sierra Board of REALTORS®

APN: 106-430-032