NOT LISTED FOR SALE

161 Tramway Unit A Stateline, NV 89449

Estimated Value: $553,000 - $682,000

3 Beds
3 Baths
1,280 Sq Ft
$101/mo HOA Fee

Last Sold July 26, 2023

Last sale price $590,000 $461 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,634/month

61 Days on Market

Highlights

  • View of Trees or Woods
  • High Ceiling
  • Double Pane Windows
  • Deck
  • Furnished
  • Breakfast Bar

About This Home

As of July 2023

Above the lake but in the middle of everything, the ideal Lake Tahoe investment. For family, friends, or seasonal rentals, this 1,280-sf condo not only comes with an attractive Nevada address, but it also has the ability to come partially furnished, too. Remodeled and ready to go. Some of the newest features are a new front door and added retractable screen door, exterior and interior paint, decorative wall planks, a new induction oven, microwave, and dishwasher., The crawl space has a large exterior door to store all your items along with convenient shelving to help organize. This Summit Village home shares no walls with neighbors and is decorated to inspire. Stateline, NV gives residents proximity to the vibrant amenities of South Lake Tahoe and easy access to Reno and the Carson Valley. The region is entrenched in the national forest, surrounded by renowned mountain biking, hiking, and off-roading opportunities. If you’re looking for a vacation property that offers location, little maintenance, and first-chair access to one of California’s top ski resorts, look no further. This is it.

Last Agent to Sell the Property

Jackie Arthur

Compass License #S.178148 Listed on: 04/21/2023

Compass

Last Buyer's Agent

Jackie Arthur

Compass License #S.178148 Listed on: 04/21/2023

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,180

Year Built

  • Built in 1982

Lot Details

  • 1,307

HOA Fees

Parking

  • Common or Shared Parking

Home Design

  • Pillar, Post or Pier Foundation
  • Pitched Roof
  • Metal Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,280 Sq Ft Home
  • 2-Story Property
  • Furnished
  • High Ceiling
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Gas Fireplace
  • Double Pane Windows
  • Blinds
  • Rods
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Views of Woods
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Portable Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry in Hall
  • Dryer
  • Washer

Home Security

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
  • Wall Furnace
  • Gas Water Heater

Additional Features

  • Deck
  • Lot Sloped Down
  • Ground Level

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 131919720015

Community Details

Overview

  • $150 HOA Transfer Fee
  • Hill Top Homeowners Assn Dana Association, Phone Number (775) 832-6004
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Snow Removal

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,180

Year Built

Built in 1982

Lot Details

0

HOA Fees

$101 per month

Listing Details

  • Year Built: 1982
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Horses: No
  • Road Frontage Type: Other
  • Co List Office Mls Id: 2351-o
  • Co List Office Phone: 775-404-7650
  • Directions: Kingsbury Grade to Tramway
  • Property Attached Yn: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Range, Microwave, Oven, Portable Dishwasher, Refrigerator, Washer
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Insert
  • Fireplaces: 1
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), High Ceilings
  • Window Features: Blinds, Double Pane Windows, Rods

Exterior Features

  • Exterior Features: None
  • Roof: Metal, Pitched
  • Stories: 2
  • View: Trees/Woods
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space, Pillar/Post/Pier
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: None

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: In Hall, Laundry Area
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association #2 Fee: 330.0

Schools

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

Lot Info

  • Parcel Number: 131919720015
  • Fencing: None
  • Lot Size Sq Ft: 1306.8
  • Zoning: PUD

Tax Info

  • Tax Annual Amount: 1180.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2023
Closed on
Jul 20, 2023
Sold by
Vitori Michael and Vitori Lauren
Bought by
Riess Andrew and Riess Lianne
Seller's Agent
Jackie Arthur
Compass
Buyer's Agent
Jackie Arthur
Compass
List Price
$650,000
Sold Price
$590,000
Premium/Discount to List
-$60,000
-9.23%
Views
181
Current Estimated Value
$616,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,627
Avg. Annual Appreciation
2.33%
Original Mortgage
$440,000
Outstanding Balance
$431,914
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$184,713

Purchase Details

Closed on
May 3, 2021
Sold by
Cave Rock Management Services Llc
Bought by
Vitori Michael and Vitori Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2020
Sold by
Foulke Stephen A and Foulke Maria M
Bought by
Cave Rock Management Services

Purchase Details

Listed on
Aug 10, 2019
Closed on
Mar 23, 2020
Sold by
Foulke Chelsea M
Bought by
Foulke Stephen A and Foulke Maria M
Seller's Agent
Arthur Angelo
RE/MAX Gold-Carson City
Buyer's Agent
Arthur Angelo
RE/MAX Gold-Carson City
List Price
$279,900
Sold Price
$270,000
Premium/Discount to List
-$9,900
-3.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.59%

Purchase Details

Listed on
Aug 10, 2019
Closed on
Jan 27, 2020
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Foulke Chelsea M
Seller's Agent
Arthur Angelo
RE/MAX Gold-Carson City
Buyer's Agent
Arthur Angelo
RE/MAX Gold-Carson City
List Price
$279,900
Sold Price
$270,000
Premium/Discount to List
-$9,900
-3.54%

Purchase Details

Closed on
Jul 11, 2019
Sold by
Nicholson Leslie S
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 1, 2008
Sold by
Nicholson Leslie
Bought by
Nicholson Sean A and Nicholson Leslie S

Purchase Details

Closed on
Jan 4, 2007
Sold by
Nationwide Reverse Exchange Services Llc
Bought by
Nicholson Leslie Shawn

Purchase Details

Closed on
Jun 8, 2006
Sold by
Nicholson Sean
Bought by
Nicholson Leslie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
7.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2006
Sold by
Nicholson Leslie Shawn and Nicholson Sean A
Bought by
Nationwide Reverse Exchange Services Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
7.62%
Mortgage Type
New Conventional
Source: Public Records

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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
Riess Andrew $590,000 First Centennial Title
Vitori Michael $605,000 First Centennial Reno
Cave Rock Management Services -- None Listed On Document
Foulke Stephen A -- None Available
Foulke Chelsea M $270,000 Servicelink Ttl Co Default T
Federal Home Loan Mortgage Corporation $311,250 Accommodation
Nicholson Sean A -- None Available
Nicholson Leslie Shawn $400,000 None Available
Nicholson Leslie -- Financial Title Company
Nicholson Leslie -- Financial Title Company
Nationwide Reverse Exchange Services Llc $400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riess Andrew $440,000
Previous Owner Vitori Michael $484,000
Previous Owner Nicholson Leslie S $324,700
Previous Owner Nicholson Leslie $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2023 07/26/23 Sold $590,000 -4.8% $461 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
06/07/2023 06/07/23 Price Changed $620,000 -2.4% $484 / Sq Ft
05/19/2023 05/19/23 Price Changed $635,000 -2.3% $496 / Sq Ft
04/20/2023 04/20/23 For Sale $650,000 +140.7% $508 / Sq Ft
02/13/2020 02/13/20 Off Market $270,000 -- --
02/12/2020 02/12/20 Sold $270,000 0.0% $211 / Sq Ft
01/17/2020 01/17/20 Pending -- -- --
01/13/2020 01/13/20 Off Market $270,000 -- --
01/09/2020 01/09/20 For Sale $279,900 0.0% $219 / Sq Ft
12/20/2019 12/20/19 Pending -- -- --
12/03/2019 12/03/19 Price Changed $279,900 -5.1% $219 / Sq Ft
11/19/2019 11/19/19 Price Changed $294,900 -3.3% $230 / Sq Ft
11/05/2019 11/05/19 Price Changed $304,900 -3.2% $238 / Sq Ft
10/22/2019 10/22/19 Price Changed $314,900 -3.1% $246 / Sq Ft
10/10/2019 10/10/19 Price Changed $324,900 -3.3% $254 / Sq Ft
09/23/2019 09/23/19 Price Changed $335,900 -2.9% $262 / Sq Ft
09/09/2019 09/09/19 Price Changed $345,900 -1.2% $270 / Sq Ft
08/10/2019 08/10/19 For Sale $350,000 -- $273 / 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 $1,328 $75,017 $47,250 $27,767
2024 $1,306 $75,745 $47,250 $28,495
2023 $1,251 $73,883 $47,250 $26,633
2022 $1,251 $68,942 $43,750 $25,192
2021 $1,213 $64,652 $40,250 $24,402
2020 $1,178 $64,060 $40,250 $23,810
2019 $1,137 $60,223 $36,575 $23,648
2018 $1,103 $56,705 $33,250 $23,455
2017 $1,071 $57,049 $33,250 $23,799
2016 $1,044 $50,765 $26,250 $24,515
2015 $1,040 $50,765 $26,250 $24,515
2014 $1,009 $48,303 $25,200 $23,103
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 230003667

Northern Nevada Regional MLS

APN: 1319-19-720-015