NOT LISTED FOR SALE

115 Tramway Dr Unit 11 State Line, NV 89449

Estimated Value: $342,913 - $380,000

1 Bed
1.5 Baths
432 Sq Ft
$145/mo HOA Fee

Last Sold November 21, 2018

Last sale price $241,000 $558 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,122/month

7 Days on Market

Highlights

  • Unit is on the top floor
  • Sauna
  • Property is near a forest
  • Spa
  • View of Trees or Woods
  • Wooded Lot

About This Home

As of November 2018

Enjoy the stunning mountain and valley views from this heavenly condo at the top of Kingsbury!!! The condo has been remodeled with slab granite counter tops, slate flooring, stainless appliances, knotty pine throughout, jetted tub and a main floor bathroom. Fully furnished - total turnkey! Very, very cute unit!!!! The tax records indicate 432 square feet but it is believed to be approximately 600 sq/ft - buyer to verify all information. Strong rental history - ideal for the Investor/1st time home buyer!, This will be a 1031 tax exchange for the seller.

Last Agent to Sell the Property

Tim Flynn

Coldwell Banker Select Mt Rose License #S.56944 Listed on: 10/23/2018

Coldwell Banker Select Mt Rose

Last Buyer's Agent

Jessica Woods

Sierra Sotheby's Int'l. Realty License #S.174328

Sierra Sotheby's Int'l. Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $721

Year Built

  • Built in 1977

Lot Details

  • 436

HOA Fees

Property Views

  • Woods
  • Mountain
  • Valley

Home Design

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

Interior Spaces

  • 432 Sq Ft Home
  • 2-Story Property
  • Furnished
  • High Ceiling
  • Gas Log Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Blinds
  • Great Room
  • Sauna
  • Stone Flooring
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Jetted Tub in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry in Hall
  • Dryer
  • Washer

Home Security

Location

  • Unit is on the top floor
  • 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
  • Electric Water Heater

Additional Features

  • Spa
  • Wooded Lot

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 131919612012

Community Details

Overview

  • Association fees include insurance
  • $300 HOA Transfer Fee
  • Tramway Apt/Condo HOA, Phone Number (775) 315-5256
  • On-Site Maintenance
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$721

Year Built

Built in 1977

Lot Details

0

HOA Fees

$145 per month

Listing Details

  • Year Built: 1977
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Horses: No
  • Lot Features: Level, Sloped Down, Wooded
  • Road Frontage Type: Other
  • Has View?: Yes
  • Security Features: Smoke Detector(s)
  • Association Amenities: Maintenance Grounds, Maintenance Structure
  • Association Fees: 1000.0
  • Association Fee Frequency: Annually
  • Association Fee Inclusions: Insurance
  • Has H O A?: Yes
  • Co List Office Mls Id: 806-o
  • Co List Office Phone: 775-849-8500
  • Directions: Kingsbury
  • Has Fireplace?: Yes
  • Living Area: 432.0
  • Property Attached Yn: Yes
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Zephyr Cove
  • Tax Legal Middle Or Junior School2: Kingsbury(Closed)
  • Tax Legal High School: Whittell - Grades 9-12
  • Tax Legal Tax Annual Amount: 720.59
  • Tax Legal Zoning4: PUD
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 1000.0
  • 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
  • Lot Features Sloped Down: 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 Heater Electric5: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Appliances Dryer: Yes
  • Appliances Washer: Yes
  • Security Features Smoke Detector(s): Yes
  • View Mountain(s): Yes
  • Appliances Microwave: Yes
  • Association Amenities Maintenance Grounds: Yes
  • Fireplace Features Gas Log: Yes
  • View Valley: Yes
  • View Trees Woods: Yes
  • Personal Property Included Spa Hot Tub2: Yes
  • Association Amenities Maintenance Structure: Yes
  • Lot Features Adjoins Forest: Yes
  • Lot Features Wooded: Yes
  • Association Community Association Fee Frequency3: Annually
  • Association Details Management Company Name5: Summit Village HOA
  • Appliances Electric Range: Yes
  • Association Details Management Company Phone5: 775-315-5256
  • Appliances Electric Oven: Yes
  • Association Details Management Company Name24: Tramway Apt/Condo HOA
  • Association Details Transfer Fee2: 300.0
  • Association Details Management Company Phone24: 775-315-5256
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
  • Flooring: Stone
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Breakfast Bar, High Ceilings, Sauna
  • Window Features: Blinds, Double Pane Windows, Vinyl Frames
  • Interior Bathrooms Half: 1
  • Interior Living Area4: 432.0
  • Interior Fireplace Y N: Yes
  • Interior Features High Ceilings: Yes
  • Interior Features Breakfast Bar: Yes
  • Window Features Double Pane Windows: Yes
  • Window Features Vinyl Frames: Yes
  • Kitchen Features Breakfast Bar2: Yes
  • Window Features Blinds: Yes
  • Laundry Features In Hall: Yes
  • Interior Fireplaces Total2: 1.0
  • Laundry Features Laundry Area: Yes
  • Living Room Features Great Room3: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Primary Bedroom Features High Ceilings6: Yes
  • Kitchen Features Built- In Microwave: Yes
  • Interior Features Sauna2: Yes
  • Flooring Stone4: Yes
  • Primary Bedroom Features Jetted Tub: Yes
  • Personal Property Included Furnishings: Yes
  • Unit Level Top Floor: Yes

Exterior Features

  • 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

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: In Hall, Laundry Area
  • Heating: Fireplace(s), Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Heating Y N3: Yes
  • Utilities Electricity Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes
  • Heating Fireplace(s): Yes

Condo/Co-op/Association

  • Association #2 Fee: 745.0

Schools

  • Middle Or Junior School: Kingsbury(Closed)

Lot Info

  • Parcel Number: 131919612012
  • Fencing: None
  • Zoning: PUD

Tax Info

  • Tax Annual Amount: 720.59

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2018
Closed on
Nov 16, 2018
Sold by
Estes Patrick
Bought by
Alquizalas Juleus Louis and Alquizalas Jeanne A
Seller's Agent
Tim Flynn
Coldwell Banker Select Mt Rose
Buyer's Agent
Jessica Woods
Sierra Sotheby's Int'l. Realty
List Price
$239,000
Sold Price
$241,000
Premium/Discount to List
$2,000
0.84%
Current Estimated Value
$357,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,978
Avg. Annual Appreciation
5.91%
Original Mortgage
$192,800
Outstanding Balance
$169,872
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$188,106

Purchase Details

Listed on
Jan 14, 2014
Closed on
Dec 9, 2014
Sold by
Estes Megan
Bought by
Estes Patrick
Seller's Agent
Stephen Orear
RE/MAX Realty Affiliates
Buyer's Agent
Jana Orear
RE/MAX Realty Affiliates
List Price
$184,500
Sold Price
$138,500
Premium/Discount to List
-$46,000
-24.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.05%

Purchase Details

Listed on
Jan 14, 2014
Closed on
Nov 4, 2014
Sold by
Fannie Mae
Bought by
Estes Patrick
Seller's Agent
Stephen Orear
RE/MAX Realty Affiliates
Buyer's Agent
Jana Orear
RE/MAX Realty Affiliates
List Price
$184,500
Sold Price
$138,500
Premium/Discount to List
-$46,000
-24.93%

Purchase Details

Closed on
Mar 5, 2012
Sold by
Leary Patrick J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 2, 2007
Sold by
Haynes Ramon
Bought by
Leary Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.2%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Alquizalas Juleus Louis $241,000 Signature Title
Estes Patrick -- First American Title
Estes Patrick $138,500 First American Title
Federal National Mortgage Association $205,682 None Available
Leary Patrick $255,000 First American Title Ren
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alquizalas Juleus Louis $192,800
Previous Owner Leary Patrick $204,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/21/2018 11/21/18 Sold $241,000 +0.8% $558 / Sq Ft
10/30/2018 10/30/18 Pending -- -- --
10/23/2018 10/23/18 For Sale $239,000 +72.6% $553 / Sq Ft
12/12/2014 12/12/14 Sold $138,500 -24.9% $321 / Sq Ft View Prior Sale
10/27/2014 10/27/14 Pending -- -- --
01/14/2014 01/14/14 For Sale $184,500 -- $427 / 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 $1,019 $52,015 $42,000 $10,015
2024 $957 $52,595 $42,000 $10,595
2023 $957 $51,611 $42,000 $9,611
2022 $875 $47,965 $38,500 $9,465
2021 $810 $44,299 $35,000 $9,299
2020 $784 $44,351 $35,000 $9,351
2019 $756 $40,153 $30,800 $9,353
2018 $721 $37,368 $28,000 $9,368
2017 $692 $37,547 $28,000 $9,547
2016 $675 $32,873 $22,750 $10,123
2015 $672 $32,873 $22,750 $10,123
2014 $650 $30,643 $21,000 $9,643
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 180016027

Northern Nevada Regional MLS

APN: 1319-19-612-012