$375,000
SOLD JAN 21, 2025

111 Tramway Dr Unit 7 State Line, NV 89449

-- Bed
1 Bath
540 Sq Ft
$348/mo HOA Fee

Recently Sold

$694 Per Sq Ft

1% Below List Price

13 Days on Market

Highlights

  • Mountain View
  • Property is near a forest
  • High Ceiling
  • Deck
  • Wooded Lot
  • Furnished

About This Home

As of January 2025

Experience mountain living at its finest in this beautifully remodeled and fully furnished top-level wooden chalet loft. This home exudes cozy elegance with a stunning slate rock fireplace featuring a rustic log mantel and a gas insert controlled by a thermostat, ensuring the entire space is warm and inviting. The kitchen boasts luxurious granite countertops and sleek stainless steel appliances, perfectly blending style and functionality. Enjoy abundant natural light through custom wood-framed windows, that highlight the chalet’s excellent sun exposure. The fully tiled bathroom features walls, floors, shower, and pan, offering both durability and sophistication. Situated just minutes from Heavenly ski lodges, this loft is ideal for those seeking adventure or a peaceful mountain retreat. Stay connected with high-speed Charter/Spectrum internet, and enjoy the convenience of homeowner dues covering building common areas, parking, and street snow removal. This is mountain living made effortless—your perfect alpine getaway awaits! The property has also been a very successful rental with 30+ day rentals during 2023 and 2024!

Last Agent to Sell the Property

Cole Mizak

Compass Listed on: 11/30/2024

Last Buyer's Agent

Cole Mizak

Compass Listed on: 11/30/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,100

Year Built

  • Built in 1977

Lot Details

  • Landscaped
  • Wooded Lot

HOA Fees

Home Design

  • Brick or Stone Veneer
  • Brick Foundation
  • Pitched Roof
  • Shingle Siding
  • Asbestos
  • Concrete Perimeter Foundation
  • Stick Built Home

Interior Spaces

  • 1 Full Bathroom
  • 540 Sq Ft Home
  • 2-Story Property
  • Furnished
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Drapes & Rods
  • Wood Frame Window
  • Combination Dining and Living Room
  • Mountain Views
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Electric Oven
  • Electric Range
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Home Security

Outdoor Features

  • Deck

Location

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

Schools

  • Zephyr Cove Elementary School
  • Kingsbury Middle School
  • Whittell - Grades 9-12 High School

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Electric Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 131919611008

Community Details

Overview

  • $300 HOA Transfer Fee
  • Summit Village: Janet Association, Phone Number (775) 315-5256
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Common Area

Recreation

  • Snow Removal

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,100

Year Built

Built in 1977

Lot Details

0

HOA Fees

$348 per month

Listing Details

  • Year Built: 1977
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Horses: No
  • Co List Office Mls Id: 9492-o
  • Directions: Kingsbury Grade to Tramway, Destination on Left
  • Property Attached Yn: Yes
  • Special Features: None

Interior Features

  • Appliances: Disposal, Electric Oven, Electric Range, Oven, Refrigerator
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 1
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), High Ceilings
  • Window Features: Double Pane Windows, Drapes, Rods, Wood Frames

Exterior Features

  • Exterior Features: None
  • Roof: Pitched
  • Stories: 2
  • View: Mountain(s)
  • Construction Type: Asbestos, Shingle Siding, Masonry Veneer
  • Foundation Details: Brick/Mortar, Full Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: None

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Water Meter Installed
  • Water Source: Public
  • Laundry Features: Common Area
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association #2 Fee: 1000.0

Schools

  • Middle Or Junior School: Kingsbury(Closed)

Lot Info

  • Parcel Number: 131919611008
  • Fencing: None
  • Lot Size Sq Ft: 3049.2
  • Zoning: Multi Fm Res PUD

Tax Info

  • Tax Annual Amount: 1100.01

MLS Schools

  • Elementary School: Zephyr Cove
  • HighSchool: Whittell - Grades 9-12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2024
Closed on
Jan 17, 2025
Sold by
Cme Investment Company Llc
Bought by
Matthew Louis Kann Revocable Trust and Kann
Seller's Agent
Cole Mizak
Compass
Buyer's Agent
Cole Mizak
Compass
List Price
$380,000
Sold Price
$375,000
Premium/Discount to List
-$5,000
-1.32%
Total Days on Market
13
Views
20
Current Estimated Value
$376,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,153
Avg. Annual Appreciation
0.79%
Original Mortgage
$281,250
Outstanding Balance
$280,511
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$95,642

Purchase Details

Listed on
Sep 28, 2021
Closed on
Nov 24, 2021
Sold by
Willey Brent and Willey Sarah
Bought by
Mclaughlan Denise and The Denise Mclaughlan Living T
Seller's Agent
Susan Wilson
Sierra Tahoe Real Estate
Buyer's Agent
Cole Mizak
Compass
List Price
$399,000
Sold Price
$360,000
Premium/Discount to List
-$39,000
-9.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.30%

Purchase Details

Listed on
Sep 24, 2020
Closed on
Feb 3, 2021
Sold by
Haynes Ramon G
Bought by
Willey Brent and Willey Sarah
Seller's Agent
Susan Wilson
Sierra Tahoe Real Estate
Buyer's Agent
Susan Wilson
Sierra Tahoe Real Estate
List Price
$299,000
Sold Price
$299,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.67%
Original Mortgage
$239,200
Interest Rate
2.7%
Mortgage Type
New Conventional
Source: Public Records

Similar Homes in State Line, NV

  • 115 Tramway Dr Unit 1, State Line, NV 89449

    $399,000

    • 2 Beds
    • 2 Baths
    • 864 Sq Ft
    • 115 Tramway Dr
    • Unit 1
    • State Line, NV

    Welcome to 115 Tramway Drive Unit# 1, where modern comfort meets breathtaking natural beauty. This 2-bedroom, 2-bathroom home boasts 864 square feet of living space, The condo is fully furnished and offers a private outdoor covered deck where you can immerse yourself in the serene mountain and valley views. Here is you opportunity to embrace mountain living.Imagine waking up to the panoramic

    Michelle Keck Compass

    Section Image
  • 111 Tramway Dr Unit 5, State Line, NV 89449

    $319,000

    • 2 Beds
    • 2 Baths
    • 720 Sq Ft
    • 111 Tramway Dr
    • Unit 5
    • State Line, NV

    PRICE REDUCED! BEST VALUE ON THE MARKET NOW! Easy access condominium with a few exterior steps up to building entrance. Nicely furnished turn-key condition. Cozy wood burning fireplace. Private deck off living area level. Second bedroom only lacks a closet. Building dues include Charter Spectrum high speed internet. Beautifully remodeled baths and kitchen. Many windows with westerly sun exposure.

    Susan Wilson Sierra Tahoe Real Estate

    Section Image
  • 769 Tina Ct Unit H, State Line, NV 89449

    $445,000

    • 2 Beds
    • 2 Baths
    • 900 Sq Ft
    • 769 Tina Ct
    • Unit H
    • State Line, NV

    Mountain view ski condo just minutes from Boulder and Stagecoach ski lifts with easy (< 10 minute drive) to Stateline Casino Corridor/Lake Tahoe. Top level unit (nobody above you) is move-in ready, split bedroom/bathroom floor plan, wood burning fireplace, balcony with mountain views, granite countertops and tile backsplash in kitchen, newer appliances, stacked washer/dryer, refrigerator,

    Mitch Argon CalNeva Realty

    Section Image
  • 259 Tramway Dr Unit 3, State Line, NV 89449

    $399,500

    • 2 Beds
    • 1 Bath
    • 600 Sq Ft
    • 259 Tramway Dr
    • Unit 3
    • State Line, NV

    Dreaming of Tahoe and the many outdoor adventures to be had? Here is an affordable 2 bed/1 bath cozy chalet at the top of Heavenly on the Nevada side. This recently remodeled home with low HOA fees at $315/month and in an area where Short Term Rental permits are still available is a must see! Rent it out partially to cover your expenses or use it as your primary residence to enjoy the benefits of

    Carmel Allego-Fithian Coldwell Banker Select Reno

    Section Image
  • 313 Tramway Dr Unit 7, State Line, NV 89449

    $369,000

    • 1 Bed
    • 1 Bath
    • 468 Sq Ft
    • 313 Tramway Dr
    • Unit 7
    • State Line, NV

    Welcome to this charming and turnkey 1-bedroom, 1-bath condo nestled in the heart of Tahoe's adventure zone. This end-unit offers ultimate privacy and is sold fully furnished, making it a perfect vacation escape or rental investment.Enjoy evenings by the cozy wood-burning fireplace after a day on the slopes or exploring the nearby Lake Tahoe Rim Trail. The deck overlooks a peaceful forest

    Dessislava Starhovska Berkshire Hathaway HomeService

    Section Image
  • 331 Tramway Dr Unit 26, State Line, NV 89449

    $335,000

    • 1 Bed
    • 2 Baths
    • 540 Sq Ft
    • 331 Tramway Dr
    • Unit 26
    • State Line, NV

    Welcome to your new mountain retreat, just a stones throw from Heavenly's Stagecoach chairlift. This fully furnished and well-maintained condo offers Lake Tahoe views from the living area and deck, and valley views from the bedroom. This unit has a functional floor plan making good use of every sq/ft and no neighbors above. Enjoy a community pool and hot tub, shuttle service, and seasonal boat/RV

    Andrew Lipschutz Compass

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $375,000 Ticor Title
Bargain Sale Deed -- Ticor Title
Bargain Sale Deed $360,000 Ticor Title Incline Village
Bargain Sale Deed $299,000 First American Title Minden
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $281,250 New Conventional
Closed $281,250 New Conventional
Previous Owner $239,200 New Conventional
Previous Owner $100,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2025 01/21/25 Sold $375,000 -1.3% $694 / Sq Ft
12/12/2024 12/12/24 Pending -- -- --
11/29/2024 11/29/24 For Sale $380,000 +5.6% $704 / Sq Ft
11/30/2021 11/30/21 Sold $360,000 -9.8% $667 / Sq Ft
11/04/2021 11/04/21 Pending -- -- --
09/28/2021 09/28/21 For Sale $399,000 +33.4% $739 / Sq Ft
02/26/2021 02/26/21 Sold $299,000 0.0% $831 / Sq Ft
01/18/2021 01/18/21 Pending -- -- --
09/24/2020 09/24/20 For Sale $299,000 -- $831 / 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 $1,100 $50,877 $42,000 $8,877
2024 $1,100 $51,396 $42,000 $9,396
2023 $1,030 $50,533 $42,000 $8,533
2022 $944 $46,901 $38,500 $8,401
2021 $874 $43,254 $35,000 $8,254
2020 $846 $43,322 $35,000 $8,322
2019 $816 $39,123 $30,800 $8,323
2018 $778 $36,343 $28,000 $8,343
2017 $747 $36,504 $28,000 $8,504
2016 $728 $31,770 $22,750 $9,020
2015 $725 $31,770 $22,750 $9,020
2014 $702 $29,598 $21,000 $8,598
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northern Nevada Regional MLS

MLS Number: 240014932

Northern Nevada Regional MLS

APN: 1319-19-611-008