$552,000
SOLD MAY 9, 2014

1081 Lucerne Way Incline Village, NV 89451

4 Beds
3.5 Baths
1,934 Sq Ft
44 Sq Ft Lot

Recently Sold

$285 Per Sq Ft

6% Below List Price

Highlights

  • Spa
  • Lake View
  • Deck
  • Incline High School Rated A-
  • Clubhouse
  • Cathedral Ceiling

About This Home

As of November 2018

Amazing opportunity to move right in to a newly refurbished Tahoe Home. New carpet upstairs, newer FSC certified bamboo flooring and improvements on a recent energy audit. The upstairs living area has wood beamed cathedral ceilings and a very open floor-plan with wood burning fireplace and access to the large deck. This home also boasts four bedrooms, 3 full baths, one powder, 2 large sunny decks with views of Lake Tahoe, a one-car garage and an indoor climbing gym.

Last Agent to Sell the Property

Bruce Soli

Engel & Volkers License #S. 63581 Listed on: 05/09/2014

Engel & Volkers

Last Buyer's Agent

Pamela Fernandez

Lakeshore Realty License #BS.20002

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,909

Year Built

  • Built in 1980

Lot Details

  • 44 Sq Ft Lot
  • Sloped Lot

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Property Views

  • Lake
  • Woods
  • Mountain

Home Design

  • Pitched Roof
  • Composition Roof

Interior Spaces

  • 1,934 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Cathedral Ceiling
  • 1 Fireplace

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Deck

Utilities

  • Heating System Uses Gas
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 126-081-03

Community Details

Recreation

  • Tennis Courts

Additional Features

  • Property has a Home Owners Association
  • Clubhouse

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,909

Year Built

Built in 1980

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.001
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1980
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s)
  • Living Area: 1934.0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Topography: Sloping
  • View: Lake, Mountain(s), Trees/Woods
  • View: Yes
  • Home Warranty: No
  • Exterior Features: Deck
  • Patio And Porch Features: Deck
  • Roof: Composition, Pitched

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, One Car Garage, Garage Door Opener

Utilities

  • Heating: Baseboard, Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Clubhouse, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 200.0
  • Association: Yes

Lot Info

  • Development Status: Resale/Previously Owned
  • Parcel #: 126-081-03
  • Zoning Description: Multi-Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3909.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2022
Sold by
Magnanimo Frank and Magnanimo Lauren
Bought by
Md2022 Living Trust
Current Estimated Value
$1,641,698

Purchase Details

Listed on
Aug 9, 2018
Closed on
Oct 2, 2018
Sold by
Gregg Larry and Gregg Rosemary
Bought by
Magnanimo Frank and Magnanimo Lauren
Seller's Agent
Pamela Fernandez
Lakeshore Realty
Buyer's Agent
Valerie Flynn
Coldwell Banker Select
List Price
$947,000
Sold Price
$929,000
Premium/Discount to List
-$18,000
-1.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.31%
Original Mortgage
$519,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2014
Sold by
Pearson Lara A and Payette Jason E
Bought by
Gregg Larry and Gregg Rosemary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2006
Sold by
Pearson Lara A
Bought by
Payatte Jason E and Pearson Lara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,500
Interest Rate
6.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2003
Sold by
Payette Jason
Bought by
Pearson Lara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
5.25%

Purchase Details

Closed on
Sep 6, 2002
Sold by
Pearson Lara A
Bought by
Pearson Lara A and Payette Jason

Purchase Details

Closed on
Apr 25, 2001
Sold by
Eby Hal H and Eby Patricia S
Bought by
Pearson Lara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
7.15%

Purchase Details

Closed on
Oct 14, 1995
Sold by
Eby Hal H and Eby Patricia S
Bought by
Eby Hal H and Eby Patricia S
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
Special Warranty Deed -- --
Bargain Sale Deed $929,000 Reliant Title
Bargain Sale Deed $552,000 First American Title Iv
Interfamily Deed Transfer -- Founders Title Company Of Nv
Bargain Sale Deed $525,000 Stewart Title Of Northern Nv
Interfamily Deed Transfer -- --
Bargain Sale Deed $485,000 Inter County Title Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $224,000 Future Advance Clause Open End Mortgage
Previous Owner $519,000 New Conventional
Previous Owner $200,000 New Conventional
Previous Owner $359,940 New Conventional
Previous Owner $75,000 Credit Line Revolving
Previous Owner $351,500 New Conventional
Previous Owner $320,000 Fannie Mae Freddie Mac
Previous Owner $325,000 Credit Line Revolving
Previous Owner $255,000 No Value Available
Previous Owner $205,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2018 11/05/18 Sold $929,000 -1.9% $415 / Sq Ft
10/06/2018 10/06/18 Pending -- -- --
08/09/2018 08/09/18 For Sale $947,000 +71.6% $423 / Sq Ft
05/09/2014 05/09/14 Sold $552,000 -5.8% $285 / Sq Ft
05/09/2014 05/09/14 For Sale $586,000 -- $303 / 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 $5,420 $189,278 $128,625 $60,653
2024 $5,057 $183,154 $120,750 $62,404
2023 $5,057 $165,614 $105,000 $60,614
2022 $5,042 $146,123 $91,875 $54,248
2021 $4,726 $133,056 $78,750 $54,306
2020 $4,540 $116,289 $61,425 $54,864
2019 $4,364 $112,846 $59,168 $53,678
2018 $4,202 $104,394 $51,450 $52,944
2017 $4,066 $96,425 $43,050 $53,375
2016 $3,984 $92,790 $39,375 $53,415
2015 $3,978 $91,068 $39,375 $51,693
2014 $4,002 $105,490 $52,500 $52,990
2013 -- $117,699 $64,575 $53,124
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Incline Village REALTORS®

MLS Number: 941872

Incline Village REALTORS®

APN: 126-081-03