NOT LISTED FOR SALE

1054 Flume Rd Incline Village, NV 89451

Estimated Value: $2,516,000 - $6,931,000

4 Beds
2 Baths
2,211 Sq Ft
$2,280/Sq Ft Est. Value

Last Sold March 16, 2021

Last sale price $2,150,000 $972 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $28,493/month

Highlights

  • Solar Heated Spa
  • RV Access or Parking
  • Deck
  • Incline High School Rated A-
  • View of Trees or Woods
  • Wood Burning Stove

About This Home

As of March 2021

Build your Tahoe dream home while living in or renting out this newly remodeled 4 bedroom single level house. Gorgeous beamed cathedral ceilings, fantastic updated kitchen, open concept throughout, luxuriously appointed baths, all without any steps or stairs. Ideal location in highly coveted Millcreek subdivision provides serene low-elevation living with walk-ability to beaches, shops, restaurants, and the university. Enjoy this move-in-ready home as it sits or plan for further expansion & redevelopment opportunities. One of the best priced properties available in the most desirable neighborhood will not last long! Welcome to Tahoe, welcome home!

Last Agent to Sell the Property

Grant Meyer

Coldwell Banker Select License #S.171136 Listed on: 12/15/2020

Coldwell Banker Select

Last Buyer's Agent

Stacey Hanna

Chase International License #BS.145845

Chase International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,907

Year Built

  • Built in 1963 | Remodeled

Lot Details

  • 0.36 Acre Lot
  • South Facing Home
  • Fenced
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • RV Access or Parking

Home Design

  • Pitched Roof
  • Metal Roof

Interior Spaces

  • 2,211 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Fireplace With Glass Doors
  • Stone Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Combination Kitchen and Living
  • Views of Woods
  • Laundry in Garage

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Marble Countertops
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Solar Heated Spa
  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 130-162-07

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,907

Year Built

Built in 1963 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.363
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 1963
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Possible Use: Single Family
  • Spa Features: Hot Tub, OutdoorHot Tub
  • Private Spa: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Two, Family Room, Glass Doors, Living Room, Stone, Wood Burning, Wood BurningStove
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Partially Carpeted, Tile
  • Interior Amenities: Beamed Ceilings, Breakfast Bar, Cathedral Ceiling(s), Granite Counters, High Ceilings, Kitchen Island, Kitchen/Family Room Combo, Marble Counters, Main Level Master, Recessed Lighting
  • Living Area: 2211.0
  • Main Level Bedrooms: 4
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Level
  • Topography: Level
  • View: Trees/Woods
  • Home Warranty: No
  • Direction Faces: South
  • Exterior Features: Deck, Fence, Hot Tub/Spa
  • Patio And Porch Features: Deck
  • Property Condition: Updated/Remodeled
  • Roof: Metal, Pitched

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Two Car Garage, Outside, RV Access/Parking, Garage Door Opener

Utilities

  • Laundry Features: In Garage
  • Heating: Forced Air, Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 130-162-07
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5907.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2021
Sold by
Castello Victor M and Castello Deborah S
Bought by
Nichols Amy Castello and Nichols Austin S
Current Estimated Value
$5,041,508

Purchase Details

Listed on
Dec 15, 2020
Closed on
Mar 10, 2021
Sold by
Markwell David and Markwell Catherine H
Bought by
Castello Victor M and Castello Deborah S
Seller's Agent
Grant Meyer
Coldwell Banker Select
Buyer's Agent
Stacey Hanna
Chase International
List Price
$2,432,000
Sold Price
$2,150,000
Premium/Discount to List
-$282,000
-11.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.23%

Purchase Details

Closed on
Jun 28, 2017
Sold by
Garside White Micah Jared
Bought by
Markwell David and Markwell Catherine H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 23, 2017
Sold by
Gillam Julia
Bought by
Garside White Micah Jared

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 11, 2014
Closed on
May 15, 2014
Sold by
Mason Paul H and Mason Joan T
Bought by
Garside White Micah Jared
Seller's Agent
Chris Plastiras
Lakeshore Realty
Buyer's Agent
Grant Meyer
Coldwell Banker Select
List Price
$700,000
Sold Price
$700,001
Premium/Discount to List
$1
0.0%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.30%
Original Mortgage
$525,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2007
Sold by
Mason Paul H and Mason Joan T
Bought by
Mason Paul H and Mason Joan T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 1995
Sold by
Mason Paul H and Mason Joan T
Bought by
Mason Paul H and Mason Joan T
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
Nichols Amy Castello -- None Available
Castello Victor M $2,150,000 First American Title Iv
Markwell David $900,000 Reliant Title Reno
Garside White Micah Jared -- Reliant Title Reno
Garside White Micah Jared $700,500 None Available
Mason Paul H -- Title Court Services
Mason Paul H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Markwell David $125,100
Previous Owner Markwell David $720,000
Previous Owner Garside White Micah Jared $50,000
Previous Owner Garside White Micah Jared $525,000
Previous Owner Mason Paul H $396,000
Previous Owner Mason Paul H $100,000
Previous Owner Mason Paul H $396,000
Previous Owner Mason Paul H $360,000
Previous Owner Mason Paul H $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2021 03/16/21 Sold $2,150,000 -11.6% $972 / Sq Ft
02/14/2021 02/14/21 Pending -- -- --
12/15/2020 12/15/20 For Sale $2,432,000 +170.2% $1,100 / Sq Ft
08/31/2017 08/31/17 Sold $900,000 -24.4% $407 / Sq Ft
08/01/2017 08/01/17 Pending -- -- --
09/02/2016 09/02/16 For Sale $1,190,000 +70.0% $538 / Sq Ft
06/11/2014 06/11/14 Sold $700,001 0.0% $344 / Sq Ft
05/12/2014 05/12/14 Pending -- -- --
04/11/2014 04/11/14 For Sale $700,000 -- $344 / 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 $14,814 $950,773 $297,500 $653,273
2024 $14,814 $499,430 $280,000 $219,430
2023 $13,756 $262,500 $262,500 $0
2022 $6,430 $261,644 $227,500 $34,144
2021 $6,011 $237,665 $210,000 $27,665
2020 $5,907 $228,016 $201,250 $26,766
2019 $5,665 $226,433 $201,250 $25,183
2018 $5,524 $216,498 $192,500 $23,998
2017 $5,388 $198,388 $175,000 $23,388
2016 $5,272 $180,801 $157,500 $23,301
2015 $5,263 $180,431 $157,500 $22,931
2014 $5,134 $180,587 $157,500 $23,087
2013 -- $140,694 $117,250 $23,444
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Incline Village REALTORS®

MLS Number: 1008283

Incline Village REALTORS®

APN: 130-162-07