NOT LISTED FOR SALE

235 S Martin Dr Glenbrook, NV 89413

Estimated Value: $1,646,000 - $1,932,000

-- Bed
5 Baths
1,646 Sq Ft
$1,064/Sq Ft Est. Value

Last Sold October 06, 2023

Last sale price $1,650,000 $1,002 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $10,279/month

163 Days on Market

Highlights

  • Deck
  • Loft
  • Wood Frame Window
  • Zephyr Cove Elementary School Rated A-
  • Balcony
  • Fireplace

About This Home

As of October 2023

Welcome to this unobstructed Panoramic View of Lake Tahoe! Step into this Multi-Family/Income Home in Zephyr Heights where opportunity abounds to develop your dream home on a protected view lot. This home boasts a main residence and 2 well appointed self contained units which will work equally well for your extended family or as income potential. Enjoy the lake view from all of the South and West windows and the magnificent decks! Enjoy all of the attractions Lake Tahoe offers from this central location!, You will not be disappointed when you see the potential this property has to offer. With its amazing Mountain topography you are afforded fantastic views of Lake Tahoe, South Shore, and Heavenly Valley Ski Resort. With its Southwestern exposure you will enjoy fantastic passive solar warmth and views to match. This property enjoys nice long term rentals, and is ideally suited for vacation home rental. This property has a detached 2 car garage, and off street parking for 3-4 additional vehicles on your property. The lots surrounding this property are in a conservancy with the USFS, and State of NV. Tenants are month to month currently.

Last Agent to Sell the Property

Christian Giller

RE/MAX Gold License #S.195320 Listed on: 01/30/2023

RE/MAX Gold

Co-Listed By

Jacob Paiva

RE/MAX Gold License #S.198894

Last Buyer's Agent

Jon Kirkpatrick

Chase International - ZC License #S.63587

Chase International - ZC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,981

Year Built

  • Built in 1958

Lot Details

  • 0.25 Acre Lot

Home Design

  • Brick or Stone Mason
  • Wood Foundation
  • Frame Construction
  • Pitched Roof
  • Shake Roof
  • Wood Roof
  • Wood Siding

Interior Spaces

  • 1,646 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Drapes & Rods
  • Blinds
  • Wood Frame Window
  • Aluminum Window Frames
  • Loft
  • Crawl Space

Kitchen

  • Oven
  • Gas Range

Flooring

  • Carpet
  • Ceramic Tile

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 5 Car Garage
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Deck
  • Patio

Schools

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

Utilities

  • Cooling Available
  • Heating System Uses Coal
  • Heating System Uses Natural Gas
  • Heating System Uses Wood
  • Separate Meters
  • Master Meter
  • Gas Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Buildings
  • 3 Units
  • On-Site Maintenance

Listing and Financial Details

  • Assessor Parcel Number 131810417009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,981

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Year Built: 1958
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Lot Size Acres: 0.25
  • Road Frontage Type: Public
  • Co List Office Mls Id: 1514-o
  • Co List Office Phone: 775-787-3629
  • Co List Office Mls Id: 1514-o
  • Co List Office Phone: 775-787-3629
  • Directions: Lakeview/Don
  • Has Cooling?: Yes
  • Has Fireplace?: Yes
  • Tax Legal Zoning4: Duplex 2 Units Any Combo
  • Building Stories5: 2
  • Cooling Electric: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Water Heater Electric5: Yes
  • Appliances Dryer: Yes
  • Appliances Washer: Yes
  • Outdoor Living Spaces Deck3: Yes
  • Outdoor Living Spaces Patio2: Yes
  • Water Heater Gas5: Yes
  • Construction Materials Frame: Yes
  • Construction Materials Stone: Yes
  • Tax Legal Elementary School2: Zephyr Cove
  • Tax Legal High School2: Whittell - Grades 9-12
  • Lot Lot Size Acres4: 0.25
  • Lot Lot Size Square Feet4: 10890.0
  • Appliances Oven: Yes
  • Appliances Gas Range: Yes
  • Foundation Details Crawl Space2: Yes
  • Foundation Details Wood7: Yes
  • Tax Legal Tax Annual Amount3: 3980.83
  • Contract Rent Control Y N: No
  • Association Community Number Of Buildings2: 2.0
  • Building Number Of Units Total5: 3.0
  • Special Information Onsite Management Y N: Yes
  • Meter Information Separate Meters Y N: Yes
  • Meter Information Separate Electric Meters Y N: No
  • Meter Information Separate Gas Meters Y N: No
  • Meter Information Separate Water Meters Y N: No
  • Meter Information Separate Water Heaters Y N: No
  • Meter Information One Primary Electric Meter Y N: Yes
  • Meter Information One Primary Gas Meter Y N: Yes
  • Meter Information One Primary Water Meter Y N: No
  • Tax Legal Middleor Junior School: Whittell High School - Grades 7 + 8
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Oven, Dryer, Gas Range, Refrigerator, Washer
  • Flooring: Carpet, Ceramic Tile
  • Number Of Buildings: 2
  • Other Equipment: Varies By Unit
  • Interior Amenities: Loft
  • Window Features: Blinds, Double Pane Windows, Drapes, Low-Emissivity Windows, Metal Frames, Single Pane Windows, Vinyl Frames, Wood Frames
  • Flooring Carpet: Yes
  • Window Features Double Pane Windows: Yes
  • Window Features Vinyl Frames: Yes
  • Window Features Blinds: Yes
  • Window Features Drapes: Yes
  • Flooring Ceramic Tile: Yes
  • Window Features Metal Frames: Yes
  • Window Features Low- Emissivity Windows: Yes
  • Window Features Wood Frames: Yes
  • Interior Fireplace Y N3: Yes
  • Interior Building Area Total3: 1646.0
  • Laundry Features Common Area2: Yes
  • Interior Features Loft2: Yes

Exterior Features

  • Exterior Features: Balcony
  • Roof: Pitched, Shake, Wood
  • Stories: 2
  • Construction Type: Frame, Stone, Wood Siding
  • Foundation Details: Wood, Crawl Space
  • Patio And Porch Features: Patio, Deck
  • Construction Materials Wood Siding: Yes
  • Roof Pitched: Yes
  • Roof Shake: Yes
  • Roof Wood4: Yes
  • Exterior Features Balcony: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: Garage Door Opener
  • Total Parking Spaces: 5.0
  • Parking Features Garage Door Opener: Yes
  • Parking Information Parking Total4: 5.0

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cellular Coverage
  • Water Source: Public
  • Laundry Features: Common Area
  • Cooling: Electric, Varies By Unit
  • Heating: Coal, Electric, Fireplace(s), Natural Gas, Wood, Varies By Unit
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Utilities Internet Available: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes
  • Heating Electric4: Yes
  • Heating Fireplace(s): Yes
  • Utilities Heating Y N5: Yes
  • Heating Coal2: Yes
  • Heating Wood3: Yes
  • Utilities Cooling Y N5: Yes

Schools

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

Lot Info

  • Parcel Number: 131810417009
  • Fencing: None
  • Lot Size Sq Ft: 10890.0
  • Zoning: Duplex 2 Units Any Combo

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3980.83

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2023
Closed on
Sep 22, 2023
Sold by
John Chech Family Trust
Bought by
Sunstone Investments Llc
Seller's Agent
Christian Giller
RE/MAX Gold
Buyer's Agent
Jon Kirkpatrick
Chase International - ZC
List Price
$1,799,999
Sold Price
$1,650,000
Premium/Discount to List
-$149,999
-8.33%
Views
403
Current Estimated Value
$1,815,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,724
Avg. Annual Appreciation
1.32%
Original Mortgage
$1,237,500
Outstanding Balance
$1,219,131
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$471,755

Purchase Details

Closed on
Jul 30, 2019
Sold by
Zager Craig E and The Craig E Zager Living Trust
Bought by
Zpp Llc
Source: Public Records

Range of Values:

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Average Value
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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
Sunstone Investments Llc $1,650,000 First Centennial Title
Zpp Llc -- None Available
Zagar Craig E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sunstone Investments Llc $1,237,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2023 10/06/23 Sold $1,650,000 -8.3% $1,002 / Sq Ft
07/11/2023 07/11/23 Pending -- -- --
01/29/2023 01/29/23 For Sale $1,799,999 -- $1,094 / 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 $4,621 $302,163 $253,750 $48,413
2024 $4,379 $301,537 $253,750 $47,787
2023 $4,379 $296,891 $253,750 $43,141
2022 $3,980 $293,157 $253,750 $39,407
2021 $3,851 $257,904 $220,500 $37,404
2020 $3,741 $257,231 $220,500 $36,731
2019 $3,634 $255,170 $219,450 $35,720
2018 $3,527 $244,796 $210,000 $34,796
2017 $3,429 $244,822 $210,000 $34,822
2016 $3,281 $245,070 $210,000 $35,070
2015 $3,338 $245,070 $210,000 $35,070
2014 $3,181 $242,779 $210,000 $32,779
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 230000723

Northern Nevada Regional MLS

APN: 1318-10-417-009