$270,000
SOLD JUN 20, 2025

111 Tramway Dr Unit 10 State Line, NV 89449

1 Bed
1 Bath
540 Sq Ft
$431/mo HOA Fee

Recently Sold

$500 Per Sq Ft

10% Below List Price

222 Days on Market

Highlights

  • View of Trees or Woods
  • Property is near a forest
  • Wood Flooring
  • Wood Burning Stove
  • Wooded Lot
  • Sauna

About This Home

As of June 2025

Great opportunity to bring this ski bungalow up to its potential! Breathtaking views of the Carson Valley and Sierra NV mountains. Conveniently located on the Nevada side of Heavenly with access to Boulder and Stagecoach lodges! Own your Lake Tahoe getaway in tax friendly Nevada!, Back on market due to buyers inability to perform.

Last Agent to Sell the Property

Daniel Fisher

RE/MAX Gold-Carson Valley License #S.180275 Listed on: 08/16/2024

RE/MAX Gold-Carson Valley

Last Buyer's Agent

Brandie Griffith

Realty World Lake Tahoe License #BS.0145628

Realty World Lake Tahoe

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $708

Year Built

  • Built in 1977

Lot Details

  • Wooded Lot

HOA Fees

Property Views

  • Woods
  • Mountain
  • Valley

Home Design

  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 540 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Fireplace
  • Wood Burning Stove
  • Double Pane Windows
  • Great Room
  • Combination Kitchen and Dining Room
  • Loft
  • Crawl Space
  • No Kitchen Appliances

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Parking Available
  • Common or Shared Parking

Location

  • Mid level unit with steps
  • Property is near a forest

Schools

  • Jacks Valley Elementary School
  • Carson Valley Middle School
  • Douglas High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Court or third-party approval is required for the sale
  • Assessor Parcel Number 1319-19-611-011
  • $1,000 per year additional tax assessments

Community Details

Overview

  • Association fees include insurance, snow removal, utilities
  • $300 HOA Transfer Fee
  • Summit Villagejanet Association, Phone Number (775) 315-5256
  • Kingsbury Cdp Community
  • Summit Village Subdivision
  • On-Site Maintenance
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Sauna
  • No Laundry Facilities

Recreation

  • Snow Removal

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$708

Year Built

Built in 1977

Lot Details

0

HOA Fees

$431 per month

Listing Details

  • Year Built: 1977
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Horses: No
  • Lot Features: Level, Wooded
  • Is Senior Community?: No
  • Has View?: Yes
  • Association Amenities: Maintenance Grounds, Maintenance Structure, Parking, Sauna
  • Additional Association Fee Frequency: Annually
  • Association Fees: 1045.0
  • Association Fee Frequency: Quarterly
  • Association Fee Inclusions: Insurance, Snow Removal, Utilities
  • Has H O A?: Yes
  • Co List Office Mls Id: 627500096-o
  • Co List Office Phone: 775-782-8777
  • Special Conditions: Court Approval
  • Subdivision Name: Summit Village
  • Directions: Kingsbury to Tramway
  • Has Cooling?: No
  • Has Fireplace?: Yes
  • Living Area: 540.0
  • Is New Construction?: No
  • Property Attached Yn: Yes
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Jacks Valley
  • Tax Legal Middle Or Junior School2: Carson Valley
  • Tax Legal High School: Douglas
  • Tax Legal Tax Annual Amount: 708.0
  • Tax Legal Zoning4: 240
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 1045.0
  • Building Stories5: 2
  • Building Property Attached Y N: Yes
  • Building Home Warranty Y N: Yes
  • Lot Horse Y N2: No
  • Association Details Transfer Fee: 300.0
  • Lot View Y N2: Yes
  • Foundation Details Crawl Space: Yes
  • Lot Features Level: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Typeof Construction Site Stick- Built: Yes
  • Water Rights Water Rights Y N: No
  • View Mountain(s): Yes
  • Association Amenities Maintenance Grounds: Yes
  • Association Fee Includes Snow Removal2: Yes
  • Water Heater Gas5: Yes
  • View Valley: Yes
  • Other Rooms Loft3: Yes
  • View Trees Woods: Yes
  • Fireplace Features Wood Burning Stove: Yes
  • Association Amenities Maintenance Structure: Yes
  • Lot Features Adjoins Forest: Yes
  • Lot Features Wooded: Yes
  • Association Amenities Sauna: Yes
  • Unit Level Mid Level: Yes
  • Association Community Association Fee Frequency3: Quarterly
  • Association Details Management Company Name5: Tramway Condo Assoc.Janet
  • Association Community Senior Community Y N3: No
  • Association Details Management Company Phone5: 775-315-5256
  • Special Listing Conditions Court Approval: Yes
  • Association Details Management Company Name24: Summit VillageJanet
  • Association Details Transfer Fee2: 150.0
  • Appliances None2: Yes
  • Association Details Management Company Phone24: 775-315-5256
  • Tax Legal Tax Other Annual Assessment Amount3: 1000.0
  • Building New Construction Y N3: No
  • Tax Legal Community Name5: Kingsbury CDP
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: None
  • Flooring: Carpet, Wood
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Wood Burning Stove
  • Window Features: Double Pane Windows
  • Interior Living Area4: 540.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Window Features Double Pane Windows: Yes
  • Flooring Wood: Yes
  • Living Room Features Great Room3: Yes
  • Dining Room Features Kitchen Combination: Yes
  • Personal Property Included Furnishings: Yes
  • Laundry Features None15: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Pitched, Shingle
  • Stories: 2
  • View: Mountain(s), Trees/Woods, Valley
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space
  • Construction Materials Wood Siding: Yes
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: No
  • Has Attached Garage?: No
  • Parking Features: None
  • Parking Information Garage Y N: No
  • Parking Information Carport Y N: No
  • Association Amenities Parking: Yes

Utilities

  • Utilities: Electricity Available, Internet Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: None
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Cooling Y N3: No
  • Utilities Heating Y N3: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Utilities Internet Available: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes
  • Association Fee Includes Utilities: Yes

Condo/Co-op/Association

  • Association #2 Fee: 1000.0

Schools

  • Middle Or Junior School: Carson Valley

Lot Info

  • Parcel Number: 1319-19-611-011
  • Fencing: None
  • Zoning: 240

Tax Info

  • Tax Annual Amount: 708.0

MLS Schools

  • Elementary School: Jacks Valley
  • HighSchool: Douglas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2024
Closed on
Jun 10, 2025
Sold by
Watters John Raymond and Adie Brook
Bought by
Terek Kim
Seller's Agent
Daniel Fisher
RE/MAX Gold-Carson Valley
Buyer's Agent
Brandie Griffith
Realty World Lake Tahoe
List Price
$299,900
Sold Price
$270,000
Premium/Discount to List
-$29,900
-9.97%
Views
81
Current Estimated Value
$283,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,803
Avg. Annual Appreciation
45.55%
Original Mortgage
$216,000
Outstanding Balance
$216,000
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$81,676
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 $270,000 First Centennial Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $216,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 Sold $270,000 -10.0% $500 / Sq Ft
03/26/2025 03/26/25 For Sale $299,900 0.0% $555 / Sq Ft
03/25/2025 03/25/25 Pending -- -- --
12/26/2024 12/26/24 For Sale $299,900 0.0% $555 / Sq Ft
09/18/2024 09/18/24 Pending -- -- --
08/28/2024 08/28/24 Price Changed $299,900 -6.3% $555 / Sq Ft
08/15/2024 08/15/24 For Sale $319,900 -- $592 / Sq Ft
Source: Northern Nevada Regional MLS

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 $708 $54,377 $45,500 $8,877
2024 $708 $54,896 $45,500 $9,396
2023 $703 $54,033 $45,500 $8,533
2022 $666 $50,401 $42,000 $8,401
2021 $646 $46,754 $38,500 $8,254
2020 $628 $46,822 $38,500 $8,322
2019 $608 $42,973 $34,650 $8,323
2018 $590 $39,843 $31,500 $8,343
2017 $573 $40,004 $31,500 $8,504
2016 $558 $35,270 $26,250 $9,020
2015 $556 $35,270 $26,250 $9,020
2014 $539 $33,798 $25,200 $8,598
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 240010488

Northern Nevada Regional MLS

APN: 1319-19-611-011