NOT LISTED FOR SALE

1131 Lucerne Way Incline Village, NV 89451

Estimated Value: $1,420,000 - $1,752,307

3 Beds
3 Baths
2,395 Sq Ft
$684/Sq Ft Est. Value

Last Sold June 01, 2018

Last sale price $787,000 $329 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $9,872/month

136 Days on Market

About This Home

As of June 2018

‘Eagle’s Nest’ rests above other free-standing homes in this low elevation complex of Lower Tyrolia, with fantastic views of Lake Tahoe and the surrounding mountains.
Wake up and make a fresh pot of coffee in the granite slab kitchen, with warm copper tone cabinets, stainless steel appliances and choose from two large decks to greet the day and the warming sun. Three large bedrooms, three bathrooms and an extra bonus room - perfect as a game room or media center allow you and your guests to spread out.
Located near Incline Beach or skiing the powder at Diamond Peak come on home to enjoy the Lower Tyrolia Complex with tennis court, swimming pool, hot tub, outdoor BBQ area and picnic tables. Should you have extended family and friends with you, show them the members Panoramic Lake View Club Haus .
The sellers are investigating a new garage.

Last Listed By

Mike Young

Sierra Sotheby's International License #BS.29150 Listed on: 12/16/2017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,898

Year Built

1985

Lot Details

0

HOA Fees

$250 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: 1985
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Negotiable
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Granite Counters, Marble Counters
  • Living Area: 2395.0
  • Main Level Bedrooms: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features: Backs to Greenbelt/Park
  • Topography: Sloping
  • View: Lake, Panoramic
  • View: Yes
  • Home Warranty: No
  • Direction Faces: Southwest
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Open

Utilities

  • Heating: Forced Air, Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 250.0
  • Association Fee Frequency: Monthly
  • Association Name: IPM
  • Association: Yes

Fee Information

  • Association Fee Includes: Snow Removal

Lot Info

  • Parcel #: 12608336
  • Zoning Description: Multi-Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4920.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2017
Closed on
May 24, 2018
Sold by
Sood Surendra J and Sood Shashi T
Bought by
Martin Jeffrey
Seller's Agent
Mike Young
Sierra Sotheby's International
Buyer's Agent
Non Member
Nevada Licensee
List Price
$848,000
Sold Price
$787,000
Premium/Discount to List
-$61,000
-7.19%
Total Days on Market
136
Current Estimated Value
$1,638,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$851,827
Avg. Annual Appreciation
11.08%
Original Mortgage
$629,600
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 2, 1999
Sold by
Herrschaft William and Herrschaft Joan
Bought by
Sood Surendra J and Sood Shashi T

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
7.64%

Purchase Details

Closed on
Apr 20, 1995
Sold by
Herrschaft William and Herrschaft Joan
Bought by
Herrschaft William and Herrschaft Joan

Range of Values:

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Average Value
Not Available
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
Martin Jeffrey $787,000 First American Title
Sood Surendra J $415,000 First American Title Co
Herrschaft William -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Jeffrey $510,400
Closed Martin Jeffrey $629,600
Previous Owner Sood Surendra J $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2018 06/01/18 Sold $787,000 -7.2% $329 / Sq Ft
05/02/2018 05/02/18 Pending -- -- --
12/16/2017 12/16/17 For Sale $848,000 -- $354 / 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 $5,898 $249,268 $171,500 $77,768
2024 $5,898 $240,405 $161,000 $79,405
2023 $6,002 $215,753 $140,000 $75,753
2022 $6,166 $190,173 $122,500 $67,673
2021 $5,767 $172,278 $105,000 $67,278
2020 $5,520 $149,053 $81,900 $67,153
2019 $5,296 $145,984 $78,890 $67,094
2018 $5,043 $134,308 $68,600 $65,708
2017 $4,920 $123,214 $57,400 $65,814
2016 $4,816 $118,640 $52,500 $66,140
2015 $1,202 $115,103 $52,500 $62,603
2014 $5,078 $134,465 $70,000 $64,465
2013 -- $150,127 $86,100 $64,027
Source: Public Records

Agents Affiliated with this Home

  • Mike Young

    Seller's Agent in 2018

    Mike Young

    Sierra Sotheby's International

    16 in this area

    22 Total Sales

    Mike Young
    Section Image

  • N

    Buyer's Agent in 2018

    Non Member

    Nevada Licensee

    (775) 831-3777

    171 in this area

    315 Total Sales

    Non Member
    Section Image
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Map

Source: Incline Village REALTORS®

MLS Number: 1003962

Incline Village REALTORS®

APN: 126-083-36

Nevada Washoe County Incline Village 89451

1131 Lucerne Way, Incline Village, NV

Homes for Sale in Incline Village, NV

This home is located at 1131 Lucerne Way, Incline Village, NV 89451 since 16 December 2017 and is currently estimated at $1,638,827, approximately $684 per square foot. This property was built in 1985. 1131 Lucerne Way is a home located in Washoe County with nearby schools including Incline Elementary School, Incline Middle School, and Incline High School.

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