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12055 Cavern Way

12055 Cavern Way, Truckee, CA 96161
House in Nevada
Sold Sep 30, 2019
$145,000
$950,000 by Goldman Sachs Bank Usa
Mortgage Due Apr 01, 2051
Sold Dec 06, 2017
$108,000
$70,200 by Donner Crest Llc
Mortgage
12055 Cavern Way has been categorized by the local assessors in Truckee, CA as a residential type of property. The area measurement of the land has been determined as 10,454 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Finally, the property is currently sourcing its water from a municipal system. The building on the property is connected to a sewer system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 12055 Cavern Way was last sold in Sep 13, 2019 for $145,000. Prior to that sales transaction, the property was sold for $108,000 in Nov 21, 2017. Current property owners are expected to pay $17,179 in taxes per year. The property on 12055 Cavern Way was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $149,432. To break that down further, the land itself was valued at $149,432. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Condition

New Construction
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: DONNER CREST SUB
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 41 DONNER CREST SUB

Ownership

  • Current Owner : OGG STEPHEN J
  • Current Owner 2: OGG DEBRA A
  • Previous Owner : GREIN JOEL T
  • Owner Before Previous Owner: DONNER CREST KLLC
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Tahoe-Truckee Unified School District
  • Census Tract: 001208

Geography

  • Parcel: 018-021-013-000
  • Lot: 41
  • Latitude: 39.3355
  • Longitude: -120.214

    Address

  • Full Address: 12055 Cavern Way
  • Address - House Number: 12055
  • Address - Street Name: Cavern
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Truckee
  • Carrier Code: R003
  • 4-Digit Zip Code: 4340
  • Zip Code: 96161

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $17,179
  • Tax Rate Code Area: 003021

    Appraisal Valuation

  • Standard Deviation: 0.2292
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 1,638,401
  • High Value: 2,014,026
  • Low Value: 1,262,775

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $950,000
  • First Open Lien Mortgage Lender: GOLDMAN SACHS BANK USA
  • First Open Lien Mortgage Recording Date: Mar 31, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $950,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $149,432
  • Assessed Land Value: $149,432

    Sales

  • Current Sale Contract Date: Sep 13, 2019
  • Current Sale Recording Date: Sep 30, 2019
  • Current Sale Transaction ID: 11660612124
  • Current Sale Price: $145,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20190019108
  • Previous Sale Recording Date: Dec 06, 2017
  • Previous Sale Contract Date: Nov 21, 2017
  • Previous Sale Amount: $108,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: KINECTA FCU
  • First Mortgage Transaction Date: Sep 30, 2019
  • First Mortgage Loan Amount: $800,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Oct 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: DONNER CREST LLC
  • Previous Mortgage Transaction Date: Dec 06, 2017
  • Previous Mortgage Loan Amount: $70,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Truckee



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Frequently Asked Questions

What neighborhood is 12055 Cavern Way located in?
The 12055 Cavern Way is a house located in the neighborhood of Nevada in Truckee, Truckee.
What is the average sales price for listings in 12055 Cavern Way?
The average sales price for units in 12055 Cavern Way is $0 currently.

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