NOT LISTED FOR SALE

Estimated Value: $8,270,000 - $13,403,135

7 Beds
7 Baths
8,367 Sq Ft
$1,295/Sq Ft Est. Value

Last Sold March 10, 2021

Last sale price $11,250,000 $1,345 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $67,890/month

Highlights

  • Two Primary Bedrooms
  • Gated Community
  • 1.24 Acre Lot
  • Truckee Elementary School Rated A-
  • View of Trees or Woods
  • Fireplace in Primary Bedroom

About This Home

As of March 2021

Incredible private lot with beautiful views up to the ski hill and Lookout Mountain. Located at the end of a quiet cul-de-sac and back to open space. Walking distance to the Lookout Mountain ski lodge and the Aerial Adventure Park. Office with treetop views of Lookout Mountain and the Pacific Crest. Large media/game room with pool table and ping pong table. 3 bunk rooms on lower level. 3 upstairs junior masters. Massive great room opens to large outdoor deck with firepit, heated covered dining.

Last Agent to Sell the Property

Jonas Mikals

Martis Camp Realty, Inc. License #01842455 Listed on: 01/13/2021

Last Buyer's Agent

Jeffrey Hull

Martis Camp Realty, Inc. License #01749797

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $122,264

Year Built

  • Built in 2020

Lot Details

  • 1.24 Acre Lot
  • Lot Sloped Down

HOA Fees

  • $417 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Woods
  • Mountain

Home Design

  • Mountain Architecture

Interior Spaces

  • 8,367 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Multiple Fireplaces
  • Mud Room
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Home Office
  • Recreation Room
  • Alarm System

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Heating System Uses Natural Gas
  • Utility District

Additional Features

  • Multiple Outdoor Decks
  • 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

$122,264

Year Built

Built in 2020

Lot Details

0

HOA Fees

$417 per month

Listing Details

  • Age: 1-5 Years
  • Estimated Lot Size: .76 - 1.50
  • Community: Martis Valley
  • Number of Acres: 1.24
  • Service Type: Full Service
  • Setting: Street
  • SPCDISC: Architectural Review
  • Sub-Area: 7SO
  • Sub-Status: Standard
  • Topography: Downslope
  • Year Built: 2020
  • Other: Pantry, High Ceilings, Landscaping, Hot Tub, Air Conditioning
  • Sewer: Utility District
  • Estimated Sq Ft: BUILDING DEPARTMENT
  • Architecture: Mountain
  • Gated: To Subdivision
  • Property Condition: Like New
  • Security: Alarm System
  • Sign YN: Y
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Heating: Natural Gas
  • Estimated Sq Ft: 8367
  • Stories: Three
  • Gas: Natural
  • Water: Utility District, Water Company
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Bonus Rooms: Family Room, Great Room, Office, Rec Room, Den, Mud Room, 2 Or More Master Bedrooms
  • Fireplace: Living Room, Family Room, Master Bedroom, 2 or +, Gas Fireplace, Other
  • Furnished: Mostly
  • Bathrooms: 7+
  • Bedrooms: 7+
  • Floor Coverings: Carpet, Wood, Stone, Tile

Exterior Features

  • View: Wooded, Mountain, Ski Resort
  • Construction Exterior: Framed
  • Decks: 3 or more
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: Two
  • Garage/Parking: Attached

Utilities

  • Laundry: Room

Condo/Co-op/Association

  • HOA Fees: 1250
  • 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: 616

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2021
Closed on
Mar 3, 2021
Sold by
Patterson Robert A and Patterson Michelle C
Bought by
Ahwahnee Ventures Llc
Seller's Agent
Jonas Mikals
Martis Camp Realty, Inc.
Buyer's Agent
Jeffrey Hull
Martis Camp Realty, Inc.
List Price
$10,795,000
Sold Price
$11,250,000
Premium/Discount to List
$455,000
4.21%
Current Estimated Value
$10,836,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$413,432
Avg. Annual Appreciation
-0.81%

Purchase Details

Closed on
Aug 31, 2016
Sold by
Wang Yawen
Bought by
Estes Matthew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
3.48%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 24, 2016
Sold by
Dmb Highlands Group Llc
Bought by
Ockner Matthew D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$885,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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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
Ahwahnee Ventures Llc $11,250,000 Fidelity Natl Ttl Co Of Ca
Estes Matthew J -- First American Title Company
Ockner Matthew D -- First American Title Company
Ockner Matthew D $1,475,000 Fidelity National Title Co
Ockner Matthew D -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ockner Matthew D $3,000,000
Previous Owner Ockner Matthew D $885,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2021 03/10/21 Sold $11,250,000 +4.2% $1,345 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $10,795,000 -- $1,290 / 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 $122,264 $11,690,266 $2,706,080 $8,984,186
2023 $122,264 $11,236,320 $2,601,000 $8,635,320
2022 $120,319 $11,016,000 $2,550,000 $8,466,000
2021 $80,952 $7,550,528 $1,589,404 $5,961,124
2020 $82,033 $7,473,107 $1,573,107 $5,900,000
2019 $30,805 $2,717,262 $1,542,262 $1,175,000
2018 $25,844 $2,309,022 $1,512,022 $797,000
2017 $18,925 $1,670,375 $1,482,375 $188,000
2016 $637 $15,031 $15,031 $0
2015 $622 $14,806 $14,806 $0
2014 $610 $14,516 $14,516 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20210229

Tahoe Sierra Board of REALTORS®

APN: 106-240-006