NOT LISTED FOR SALE

Estimated Value: $6,918,469 - $7,176,000

5 Beds
5.5 Baths
4,549 Sq Ft
$1,556/Sq Ft Est. Value

Last Sold October 08, 2019

Last sale price $5,325,000 $1,171 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $42,886/month

25 Days on Market

Highlights

  • Newly Remodeled
  • Gated Community
  • 1.6 Acre Lot
  • Truckee Elementary School Rated A-
  • View of Trees or Woods
  • Deck

About This Home

As of October 2019

1% Conveyance Fee $10, 000 Social Membership transfer fees apply

Last Agent to Sell the Property

Jonas Mikals

Martis Camp Realty, Inc. License #01842455 Listed on: 08/04/2019

Last Buyer's Agent

Kim Kennedy

Martis Camp Realty, Inc. License #01747997

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $61,776

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 1.6 Acre Lot
  • Lot Sloped Up

HOA Fees

  • $367 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Woods
  • Mountain

Home Design

  • Mountain Architecture
  • Shake Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,549 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Living Room with Fireplace

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
  • Radiant Heating System
  • 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

$61,776

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$367 per month

Listing Details

  • Age: 1-5 Years
  • Estimated Lot Size: 1.51 - 2.50
  • Community: Martis Valley
  • Directions: Schaffer Mill, left on Newhall, left on Hunter house, home is second on the left.
  • Number of Acres: 1.6
  • Service Type: Full Service
  • Setting: Street
  • SPCDISC: Architectural Review
  • Sub-Area: 7SO
  • Sub-Status: Standard
  • Topography: Upslope, Gentle
  • Year Built: 2018
  • Other: Pantry, Landscaping
  • Sewer: Utility District
  • Estimated Sq Ft: ASSESSOR
  • Architecture: Mountain
  • Gated: To Subdivision
  • Property Condition: New
  • Sign YN: Y
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Heating: Natural Gas, Radiant
  • Estimated Sq Ft: 4549
  • Stories: Two
  • Water Company: NCSD
  • Gas: Natural
  • Water: Utility District, Water Company
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Fireplace: Living Room
  • Furnished: Mostly
  • Bathrooms: 5.5
  • Bedrooms: 5
  • Floor Coverings: Carpet, Wood

Exterior Features

  • View: Wooded, Mountain
  • Construction Exterior: Framed, Wooded
  • Roof: Composition, Shake/Shingle
  • Decks: 1
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: Two
  • Garage/Parking: Attached

Utilities

  • Laundry: Room

Condo/Co-op/Association

  • HOA Fees: 1100
  • 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: 429

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2019
Closed on
Sep 30, 2019
Sold by
Barnes Richard K and Barnes Suzanne R
Bought by
Morgan Scott A and Morgan Wendy S
Seller's Agent
Jonas Mikals
Martis Camp Realty, Inc.
Buyer's Agent
Kim Kennedy
Martis Camp Realty, Inc.
List Price
$5,625,000
Sold Price
$5,325,000
Premium/Discount to List
-$300,000
-5.33%
Current Estimated Value
$7,076,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,751,490
Avg. Annual Appreciation
4.90%
Original Mortgage
$4,000,000
Outstanding Balance
$3,471,890
Interest Rate
2.95%
Mortgage Type
New Conventional
Estimated Equity
$3,604,600

Purchase Details

Closed on
Jul 30, 2016
Sold by
Wyant Smit Yvo Diederick and Wyant Smit Margaret
Bought by
Barnes Richard K and Barnes Suzanne R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,750
Interest Rate
3.56%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 5, 2015
Sold by
Smit Yvo D and Smit Margaret W
Bought by
The Smit Living Trust

Purchase Details

Closed on
May 3, 2013
Sold by
Dmb Highlands Group Llc
Bought by
Smit Yvo D and Smit Margaret W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4%
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
Morgan Scott A $5,325,000 Fidelity Natl Ttl Co Of Ca
Barnes Richard K $825,000 Fidelity National Title Co
The Smit Living Trust -- None Available
Smit Yvo D $733,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan Scott A $4,000,000
Closed Barnes Richard K $1,600,000
Previous Owner Barnes Richard K $750,000
Previous Owner Barnes Richard K $618,750
Previous Owner Smit Yvo D $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2019 10/08/19 Sold $5,325,000 -5.3% $1,171 / Sq Ft
08/29/2019 08/29/19 Pending -- -- --
08/04/2019 08/04/19 For Sale $5,625,000 -- $1,237 / 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 $61,776 $6,117,664 $1,367,057 $4,750,607
2023 $61,776 $5,597,525 $1,313,973 $4,283,552
2022 $60,703 $5,487,770 $1,288,209 $4,199,561
2021 $58,240 $5,380,167 $1,262,950 $4,117,217
2020 $58,997 $5,325,000 $1,250,000 $4,075,000
2019 $47,038 $4,108,330 $858,330 $3,250,000
2018 $11,187 $953,500 $841,500 $112,000
2017 $9,718 $825,000 $825,000 $0
2016 $9,146 $762,825 $762,825 $0
2015 $8,928 $751,367 $751,367 $0
2014 -- $736,649 $736,649 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20192251

Tahoe Sierra Board of REALTORS®

APN: 106-220-008