$898,000
SOLD OCT 29, 2020

1038 Lucerne Way Incline Village, NV 89451

3 Beds
2.5 Baths
2,104 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$427 Per Sq Ft

14 Days on Market

Highlights

  • Spa
  • View of Trees or Woods
  • Deck
  • Incline High School Rated A-
  • Clubhouse
  • Cathedral Ceiling

About This Home

As of August 2023

This newer Tyrolia home has been lovingly maintained, & is being sold turnkey and beautifully furnished. Light, bright & open, the living level has high vaulted ceilings, log accents, lots of windows, and a large sunny deck...plus a gas river rock fireplace and attractive wet bar. The cheery kitchen is open to the living area, offers abundant storage, counter space, and a breakfast bar...plus a convenient desk area with lovely forest views. The expansive master bedroom suite boasts two closets, a private deck, a large bath with jetted tub, separate shower & water closet, plus great storage. The new back bedroom slider allows easy access to the peaceful forest view sitting area and walking trail. This free-standing condo is located within close proximity to complex amenities, including pool, spa, BBQ area, tennis courts & a clubhouse with panoramic lake views. This is a great location for quick access to skiing, golf, the Hyatt Resort, the Rec Center and private Incline Village beaches.

Last Agent to Sell the Property

Christine Ferris

Lakeshore Realty License #S.34359 Listed on: 09/14/2020

Last Buyer's Agent

Christine Ferris

Lakeshore Realty License #S.34359 Listed on: 09/14/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,603

Year Built

  • Built in 1996

Lot Details

  • 4,356 Sq Ft Lot
  • Sloped Lot

HOA Fees

  • $275 Monthly HOA Fees

Home Design

  • Pitched Roof
  • Composition Roof

Interior Spaces

  • 2,104 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furnished
  • Bookcases
  • Cathedral Ceiling
  • Recessed Lighting
  • Gas Log Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Combination Kitchen and Living
  • Views of Woods

Kitchen

  • Breakfast Area or Nook
  • Electric Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Marble Countertops
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Slate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • No Garage
  • Open Parking
  • Assigned Parking

Outdoor Features

  • Spa
  • Deck
  • Open Patio
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 126-081-38

Community Details

Overview

  • Association fees include common areas, insurance, parking, sewer, snow removal, trash, water
  • Terrawest Mgmt Services Association, Phone Number (775) 853-9777

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Building Fire Alarm

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,603

Year Built

Built in 1996

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1996
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Possible Use: Multi-Family
  • Appliances: Dryer, Dishwasher, Electric Oven, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: One, Gas Log, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Slate
  • Interior Amenities: Wet Bar, Bookcases, Breakfast Area, Cathedral Ceiling(s), Granite Counters, Kitchen/Family Room Combo, Marble Counters, Recessed Lighting, Vaulted Ceiling(s), Window Treatments
  • Living Area: 2104.0
  • Window Features: Window Treatments
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Topography: Sloping
  • View: Trees/Woods
  • Home Warranty: No
  • Exterior Features: Deck
  • Patio And Porch Features: Deck, Open, Porch
  • Roof: Composition, Pitched

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Assigned, No Garage, Open, Outside

Utilities

  • Laundry Features: In Hall
  • Security: Security System, Fire Alarm, Smoke Detector(s)
  • Heating: Forced Air, Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Amenities: Clubhouse, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 275.0
  • Association Fee Frequency: Monthly
  • Association Name: Terrawest Mgmt Services
  • Phone: 775-853-9777
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Parking, Sewer, Snow Removal, Trash, Water

Lot Info

  • Development Status: Resale/Previously Owned
  • Parcel #: 126-081-38
  • Zoning Description: Multi-Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4603.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2023
Closed on
Jul 13, 2023
Sold by
Wurster Gregg and Wurster Julie
Bought by
Blair Lucinda Lee and Blair Brittany Bordycott
Seller's Agent
Alvin Steinberg
Coldwell Banker Select Incline
Buyer's Agent
Alvin Steinberg
Coldwell Banker Select Incline
List Price
$1,499,000
Sold Price
$1,450,000
Premium/Discount to List
-$49,000
-3.27%
Views
55
Current Estimated Value
$1,530,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,817
Avg. Annual Appreciation
2.94%
Original Mortgage
$480,000
Outstanding Balance
$470,918
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$1,061,284

Purchase Details

Listed on
Sep 14, 2020
Closed on
Oct 22, 2020
Sold by
Modafferi Family Trust
Bought by
Wurster Gregg and Wurster Julie
Seller's Agent
Christine Ferris
Lakeshore Realty
Buyer's Agent
Christine Ferris
Lakeshore Realty
List Price
$898,000
Sold Price
$898,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.66%
Original Mortgage
$763,300
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 8, 2018
Closed on
Apr 2, 2018
Sold by
Modafferi Dorothy
Bought by
Modafferi Dorothy and The Modafferi Family Trust
Seller's Agent
Christine Ferris
Lakeshore Realty
Buyer's Agent
Christine Ferris
Lakeshore Realty
List Price
$810,000
Sold Price
$800,000
Premium/Discount to List
-$10,000
-1.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.60%
Original Mortgage
$300,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 8, 2018
Closed on
Feb 15, 2018
Sold by
Robie Daniel K and Robie Rosemary B
Bought by
Modafferi Dorothy
Seller's Agent
Christine Ferris
Lakeshore Realty
Buyer's Agent
Christine Ferris
Lakeshore Realty
List Price
$810,000
Sold Price
$800,000
Premium/Discount to List
-$10,000
-1.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 1997
Sold by
Maddox Robert Lee and Maddox Larue A
Bought by
Robie Daniel K and Robie Rosemary B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
4.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 29, 1997
Sold by
Britt Larry G and Britt Sandra J
Bought by
Maddox Robert Lee and Maddox Larue A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
4.62%
Mortgage Type
Unknown

Purchase Details

Closed on
May 6, 1996
Sold by
Krueger John F and Krueger Laurie M
Bought by
Britt Larry G and Britt Sandra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
7.87%

Purchase Details

Closed on
Dec 29, 1994
Sold by
Mikel Josef and Mikel Elizabeth
Bought by
Kruger John F and Krueger Laurie M
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 Type Sale Price Title Company
Bargain Sale Deed $1,450,000 Ticor Title
Bargain Sale Deed $898,000 First Centennial Title
Interfamily Deed Transfer -- Reliant Title
Bargain Sale Deed $800,000 Reliant Title
Bargain Sale Deed $1,462,333 First American Title
Deed $315,000 First American Title Co
Interfamily Deed Transfer -- First Centennial Title Co
Grant Deed $20,000 First Centennial Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $480,000 New Conventional
Previous Owner $763,300 New Conventional
Previous Owner $300,000 New Conventional
Previous Owner $417,000 Unknown
Previous Owner $390,000 Unknown
Previous Owner $428,000 Unknown
Previous Owner $225,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2023 08/18/23 Sold $1,450,000 -3.3% $689 / Sq Ft
07/31/2023 07/31/23 For Sale $1,499,000 0.0% $712 / Sq Ft
07/07/2023 07/07/23 Pending -- -- --
06/29/2023 06/29/23 For Sale $1,499,000 +66.9% $712 / Sq Ft
10/29/2020 10/29/20 Sold $898,000 0.0% $427 / Sq Ft
09/29/2020 09/29/20 Pending -- -- --
09/14/2020 09/14/20 For Sale $898,000 +12.3% $427 / Sq Ft
04/04/2018 04/04/18 Sold $800,000 -1.2% $380 / Sq Ft
03/05/2018 03/05/18 Pending -- -- --
02/08/2018 02/08/18 For Sale $810,000 -- $385 / Sq Ft
Source: Incline Village 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 $5,069 $197,503 $85,750 $111,753
2024 $5,069 $193,170 $80,500 $112,670
2023 $4,940 $180,971 $70,000 $110,971
2022 $5,134 $159,801 $61,250 $98,551
2021 $4,844 $149,714 $52,500 $97,214
2020 $4,716 $130,911 $40,950 $89,961
2019 $4,603 $126,599 $39,445 $87,154
2018 $4,493 $119,014 $34,300 $84,714
2017 $4,387 $113,089 $28,700 $84,389
2016 $4,296 $111,939 $26,250 $85,689
2015 $4,289 $107,256 $26,250 $81,006
2014 $4,189 $117,339 $35,000 $82,339
2013 -- $125,083 $43,050 $82,033
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Incline Village REALTORS®

MLS Number: 1008081

Incline Village REALTORS®

APN: 126-081-38