NOT LISTED FOR SALE

159 Ponderosa Dr Zephyr Cove, NV 89448

Estimated Value: $1,769,000 - $2,078,000

4 Beds
3 Baths
2,895 Sq Ft
$655/Sq Ft Est. Value

Last Sold July 02, 2021

Last sale price $1,660,000 $573 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $10,861/month

10 Days on Market

Highlights

  • Beach Front
  • RV Access or Parking
  • Deck
  • Zephyr Cove Elementary School Rated A-
  • View of Trees or Woods
  • Wood Flooring

About This Home

As of July 2021

Meticulously maintained and thoughtfully re-imagined, this striking Skyland residence sits on a .31-acre corner lot that provides generous outdoor spaces and manicured grounds. The property is just a short walk to the homeowner’s beach or the forest entrance where a well-maintained trail system leads to Zephyr Cove. Enjoy mostly single level, open concept living, warmed by plush carpeting, extensive use of rich bamboo flooring and tasteful décor., Designed with culinary pursuits in mind, the kitchen has undergone a major renovation and features contemporary cabinetry, commercial appliances and durable Dekton countertops. The main level affords access to a considerable covered deck while the lower-level tenders an even larger concrete patio, accessed by a refurbished composite staircase. 3 bedrooms and 2 baths are found on the main level, including the Master Suite while the lower level delivers an additional bed and bath plus a massive bonus room that could be used as an office, gaming area or cinema. Parking abounds with 2 substantial driveways that includes a heated snow melt system in front of the 2-car garage. Adjacent to the garage is a large workshop that is not included in the total living sq footage.

Last Agent to Sell the Property

Mark Salmon

Compass License #S.191477 Listed on: 05/16/2021

Compass

Last Buyer's Agent

Joel Baker

Coldwell Banker Select Incline License #S.176499

Coldwell Banker Select Incline

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,136

Year Built

  • Built in 1964

Lot Details

  • 0.31 Acre Lot
  • Beach Front
  • Back Yard Fenced
  • Landscaped
  • Corner Lot
  • Level Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • RV Access or Parking

Home Design

  • Brick or Stone Mason
  • Slab Foundation
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 2,895 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Circulating Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Blinds
  • Mud Room
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Home Office
  • Library
  • Bonus Room
  • Game Room
  • Workshop
  • Sewing Room
  • Views of Woods
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Double Oven
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Travertine

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Cabinets
  • Shelves in Laundry Area

Outdoor Features

  • Deck
  • Patio

Schools

  • Zephyr Cove Elementary School
  • Whittell High School - Grades 7 + 8 Middle School
  • Whittell - Grades 9-12 High School

Utilities

  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Gas Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 131803212057

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,136

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1964
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Road Frontage Type: Other
  • Co List Office Mls Id: 2351-o
  • Co List Office Phone: 775-404-7650
  • Directions: L on Myron, R on Carson, L on Red Fir, corner.
  • Property Attached Yn: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Refrigerator, Washer
  • Flooring: Carpet, Ceramic Tile, Travertine, Wood
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Circulating, Insert
  • Interior Amenities: Ceiling Fan(s), Kitchen Island, Pantry, Walk-In Closet(s)
  • Window Features: Blinds, Double Pane Windows, Low-Emissivity Windows, Vinyl Frames

Exterior Features

  • Exterior Features: None
  • Roof: Asphalt, Composition, Pitched, Shingle
  • Stories: 2
  • View: Trees/Woods
  • Waterfront: Yes
  • Construction Type: Stone, Wood Siding
  • Foundation Details: Crawl Space, Slab
  • Patio And Porch Features: Patio, Deck

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener, RV Access/Parking

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: Cabinets, Laundry Area, Laundry Room, Shelves
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Middle Or Junior School: Whittell High School - Grades 7 + 8

Lot Info

  • Parcel Number: 131803212057
  • Fencing: Back Yard
  • Lot Size Sq Ft: 13503.6
  • Zoning: Single Family

Tax Info

  • Tax Annual Amount: 3135.82

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2021
Closed on
Jun 30, 2021
Sold by
Lavo Kevin Michael and Lavo Teri Lyn
Bought by
Sand Justin and Axelrod Heather
Seller's Agent
Mark Salmon
Compass
Buyer's Agent
Joel Baker
Coldwell Banker Select Incline
List Price
$1,688,000
Sold Price
$1,660,000
Premium/Discount to List
-$28,000
-1.66%
Current Estimated Value
$1,896,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,599
Avg. Annual Appreciation
3.41%
Original Mortgage
$996,000
Outstanding Balance
$913,453
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$983,146

Purchase Details

Listed on
Aug 15, 2016
Closed on
May 31, 2017
Sold by
Grissom James Robert and Grissom Suzanne Madelyn
Bought by
Lavo Kevin Michael and Lavo Teri Lyn
Seller's Agent
Jim Porter
Coldwell Banker Select ZC
Buyer's Agent
Jim Porter
Coldwell Banker Select ZC
List Price
$929,000
Sold Price
$740,000
Premium/Discount to List
-$189,000
-20.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.96%
Original Mortgage
$302,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2013
Sold by
Grissom Family Trust
Bought by
Grissom James Robert and Grissom Suzanne Madelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2011
Sold by
Grissom James R
Bought by
Grissom James R and Grissom Suzanne M
Source: Public Records

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Range of Values:

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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
Sand Justin $1,660,000 Old Republic Title Company
Lavo Kevin Michael $740,000 First Centennial Title Compa
Grissom James Robert -- First American Title Paseo
Grissom James R -- None Available
Grissom James R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sand Justin $996,000
Previous Owner Lavo Family Trust $290,400
Previous Owner Lavo Kevin Michael $290,400
Previous Owner Lavo Kevin Michael $288,577
Previous Owner Lavo Kevin Michael $302,000
Previous Owner Grissom James Robert $150,000
Previous Owner Grissom James Robert $369,000
Previous Owner Grissom James Robert $247,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2021 07/02/21 Sold $1,660,000 -1.7% $573 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
05/16/2021 05/16/21 For Sale $1,688,000 +128.1% $583 / Sq Ft
06/09/2017 06/09/17 Sold $740,000 -20.3% $256 / Sq Ft
05/03/2017 05/03/17 Pending -- -- --
08/15/2016 08/15/16 For Sale $929,000 -- $321 / 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 $3,543 $253,267 $192,500 $60,767
2024 $3,496 $243,665 $183,750 $59,915
2023 $3,333 $237,761 $183,750 $54,011
2022 $3,333 $213,908 $164,500 $49,408
2021 $3,230 $194,831 $148,750 $46,081
2020 $3,136 $193,177 $148,750 $44,427
2019 $3,036 $170,484 $127,750 $42,734
2018 $2,946 $163,222 $122,500 $40,722
2017 $2,855 $145,090 $105,000 $40,090
2016 $2,784 $143,692 $105,000 $38,692
2015 $2,777 $143,692 $105,000 $38,692
2014 $4,931 $140,542 $105,000 $35,542
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 210006708

Northern Nevada Regional MLS

APN: 1318-03-212-057