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255 Lake Mary Road

255 Lake Mary Road, Truckee, CA 96161
Property in Placer
Sold Jul 27, 2021
$570,000
$399,000 by First Republic Bank
Mortgage Due Aug 01, 2051
Sold Apr 16, 2018
$300,000
255 Lake Mary Road has been categorized by the local assessors in Truckee, CA as a residential type of property. The building on the property was first built in 1950 and is 74 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. In addition, 255 Lake Mary Road has 962 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,287 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 255 Lake Mary Road was last sold in Jul 21, 2021 for $570,000. According to our calculations, that's $592.52 per sqft. Prior to that sales transaction, the property was sold for $300,000 in Apr 5, 2018. Current property owners are expected to pay $4,301 in taxes per year. The property on 255 Lake Mary Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $349,860. To break that down further, the land itself was valued at $43,860. While improvements to the property were assessed at a total of $306,000. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Bungalow
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,287
  • Total Building Area: 962
  • Gross Building Area: 962
  • Building Area: 962
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 962
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ELLIS JOHN
  • Land Acres: 0.121
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FR SEC 21 17 15

Ownership

  • Current Owner : GREENBERG BRIAN
  • Current Owner 2: GREENBERG CHRISTINA
  • Previous Owner : M & M CLARK PROPERTIES LLC
  • Owner Before Previous Owner: LOFANO MICHAEL J
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Tahoe-Truckee Unified School District
  • Census Tract: 020200

Zoning

  • Zoning: RSB43

Geography

  • Parcel: 069-120-008-000
  • Block: A
  • Lot: 4,5
  • Meridian: SEC 21 TWN 17N RNG 15E
  • Latitude: 39.3127
  • Longitude: -120.328

    Address

  • Full Address: 255 Lake Mary Rd
  • Address - House Number: 255
  • Address - Street Name: Lake Mary
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Norden
  • Zip Code: 95724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,301
  • Tax Rate Code Area: 091151

    Appraisal Valuation

  • Standard Deviation: 0.1827
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 76
  • Final Value: 921,700
  • High Value: 1,090,153
  • Low Value: 753,248

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $399,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Jul 27, 2021
  • First Open Lien Mortgage Loan Amount: $399,000
  • 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: Aug 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $349,860
  • Assessed Land Value: $43,860
  • Assessed Improvements Value: $306,000

    Sales

  • Current Sale Contract Date: Jul 21, 2021
  • Current Sale Recording Date: Jul 27, 2021
  • Current Sale Transaction ID: 11845289357
  • Current Sale Price: $570,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0095318
  • Previous Sale Recording Date: Apr 16, 2018
  • Previous Sale Contract Date: Apr 05, 2018
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Jul 27, 2021
  • First Mortgage Loan Amount: $399,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: ANCHOR LOANS INC
  • Previous Mortgage Transaction Date: Apr 16, 2018
  • Previous Mortgage Loan Type: Unknown (DEFAULT)

About Placer



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Frequently Asked Questions

What neighborhood is 255 Lake Mary Road located in?
The 255 Lake Mary Road is a located in the neighborhood of Placer in Placer, Truckee.
What is the average sales price for listings in 255 Lake Mary Road?
The average sales price for units in 255 Lake Mary Road is $0 currently.

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