NOT LISTED FOR SALE

278 S Martin Dr Zephyr Cove, NV 89448

Estimated Value: $1,069,001 - $1,532,000

3 Beds
2 Baths
1,560 Sq Ft
$805/Sq Ft Est. Value

Last Sold May 14, 2019

Last sale price $640,000 $410 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $7,044/month

19 Days on Market

Highlights

  • Lake View
  • Built-In Refrigerator
  • Property is near a forest
  • Zephyr Cove Elementary School Rated A-
  • Deck
  • Great Room

About This Home

As of May 2019

Finally an affordable lake view home in Nevada! The gourmet kitchen features maple cabinets, stainless steel appliances, granite slab counters, and travertine tile floors. There are granite and maple vanities in the bathrooms, plus a bonus sink with mirror in the bedroom. Recessed lighting is throughout the home and there is a great room with a gas fireplace for indoor gatherings. There are 3 bedrooms, 2 full baths, and an ample 2 car garage. The two huge decks were just resurfaced and provide views which beckon relaxation or entertaining. Sunny corner lot next to open land, and completely fenced for your fur buddies. The fantastic location and neighborhood, along with all of the Nevada tax advantages, make this excellent opportunity to establish your Nevada residency in Lake Tahoe. This is the least expensive home in this upscale Zephyr Cove neighborhood at the time of listing.

Last Agent to Sell the Property

Michelle Keck

Compass License #01401898 Listed on: 04/04/2019

Compass

Last Buyer's Agent

Member Non

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,962

Year Built

  • Built in 1977

Lot Details

  • 10,019 Sq Ft Lot
  • Natural State Vegetation

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Peek-A-Boo
  • Mountain

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,560 Sq Ft Home
  • 2-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Double Pane Windows
  • Great Room
  • Combination Dining and Living Room
  • Crawl Space

Kitchen

  • Oven
  • Gas Range
  • Built-In Refrigerator
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Hall
  • Laundry in Kitchen

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near a forest

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Out Of Area Subdivision

Listing and Financial Details

  • Assessor Parcel Number 13181041301

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,962

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Location: Adjacent to Forest
  • Countertops: Granite
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Stories: 2
  • Year Built: 1977
  • Directions: From Hwy 50, take N. Martin all the way up to where N. Martin and S. Martin intersect. On corner of N. Martin and S. Martin. Home is on the left.
  • OFFICELIST_STATE: NV
  • FILLSUBDIVISION: Out of Area
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Carpet, Natural Stone
  • Windows: Double Pane, Metal Frame
  • Bedrooms: 3
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen: Refrigerator Blt-in, Dishwasher Built-in, Gas Range, Single Oven
  • Additional Rooms: Living/Dining Combo, Great Room
  • Fireplace Description: Insert - Gas
  • Laundry Location: Hall Closet, Kitchen
  • Price Per Square Foot: 410.26
  • Square Footage: 1560.00

Exterior Features

  • Construction: Wood Frame, Wood Siding
  • Foundation: Concrete/Crawl Space, Slab
  • Landscaped: Natural
  • Patio Deck: Deck, Uncovered
  • Roof: Pitched, Composition
  • Views: Mountains, Lake, Filtered

Garage/Parking

  • Garage Type: Attached
  • Garage: 2.00

Utilities

  • Heating/Cooling: Forced Air, Natural Gas, Fireplace
  • Utilities: ElectricityAvailable, NaturalGasAvailable, City Sewer, Cable TV, Telephone, High Speed Internet
  • Water Heater: Natural Gas

Lot Info

  • Acres: 0.2300
  • Lot Measurement: Acres
  • Lot Sq Ft: 10019.00
  • Price Per Acre: 2782608.70
  • Zoning: Single Family

Tax Info

  • Annual Taxes: 3961.77
  • Assessor Parcel Number: 13181041301

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2019
Closed on
May 7, 2019
Sold by
Burt Diane
Bought by
Burt William
Seller's Agent
Michelle Keck
Compass
Buyer's Agent
Member Non
Non Member Office
List Price
$654,000
Sold Price
$640,000
Premium/Discount to List
-$14,000
-2.14%
Current Estimated Value
$1,241,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$601,697
Avg. Annual Appreciation
10.11%
Original Mortgage
$300,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 4, 2019
Closed on
May 6, 2019
Sold by
Dandurand Mark V
Bought by
Burt William
Seller's Agent
Michelle Keck
Compass
Buyer's Agent
Member Non
Non Member Office
List Price
$654,000
Sold Price
$640,000
Premium/Discount to List
-$14,000
-2.14%

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
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 30, 2013
Closed on
Jun 25, 2014
Sold by
Skinner Millicent V
Bought by
Dandurand Mark B
Seller's Agent
Jim Porter
Coldwell Banker Select ZC
Buyer's Agent
Michelle Keck
Compass
List Price
$499,000
Sold Price
$472,000
Premium/Discount to List
-$27,000
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.48%
Original Mortgage
$272,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2013
Sold by
Skinner Millicent V
Bought by
Skinner Millicent
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
Burt William -- First Centennial Reno
Burt William $640,000 First Centennial Reno
Dandurand Mark B $472,000 Stewart Title
Skinner Millicent -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Burt William $298,000
Closed Burt William $298,000
Closed Burt William $35,000
Closed Burt William $300,000
Previous Owner Dandurand Mark B $272,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2019 05/14/19 Sold $640,000 -2.1% $410 / Sq Ft
04/23/2019 04/23/19 Pending -- -- --
04/04/2019 04/04/19 For Sale $654,000 +38.6% $419 / Sq Ft
07/09/2014 07/09/14 Sold $472,000 -5.4% $303 / Sq Ft
05/27/2014 05/27/14 Pending -- -- --
08/29/2013 08/29/13 For Sale $499,000 -- $320 / Sq Ft
Source: South Tahoe Association of 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 $3,335 $154,573 $122,500 $32,073
2024 $3,265 $155,841 $122,500 $33,341
2023 $3,265 $154,102 $122,500 $31,602
2022 $3,141 $140,482 $110,250 $30,232
2021 $3,044 $125,688 $96,250 $29,438
2020 $2,956 $125,845 $96,250 $29,595
2019 $2,869 $120,706 $91,000 $29,706
2018 $2,785 $116,994 $87,500 $29,494
2017 $2,677 $117,591 $87,500 $30,091
2016 $2,611 $118,739 $87,500 $31,239
2015 $2,605 $118,739 $87,500 $31,239
2014 $2,525 $117,161 $87,500 $29,661
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 130559

South Tahoe Association of REALTORS®

APN: 1318-10-413-014