NOT LISTED FOR SALE

333 Ute Way Zephyr Cove, NV 89448

Estimated Value: $2,258,000 - $3,760,000

9 Beds
8 Baths
6,569 Sq Ft
$482/Sq Ft Est. Value

Last Sold October 02, 2023

Last sale price $3,225,000 $491 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $18,580/month

61 Days on Market

Highlights

  • Spa
  • Sauna
  • Deck
  • Zephyr Cove Elementary School Rated A-
  • Mountain View
  • Recreation Room

About This Home

As of October 2023

This luxury mountain residence has been meticulously remodeled to the highest standards with unrivaled detail and finishes. Sitting on a large sun-drenched parcel, the home is laid out over 4-floors that offer distant mountain and Heavenly ski resort views. The main floor is highlighted by a nearly 1,500sf great room with 16’ vaulted ceilings, distressed beams and solid oak floors. An oversized kitchen offers extensive refrigeration, double oven, 2 dishwashers and a 48” gas cooktop with custom hood., 11 bedrooms are currently scaled down to 9 to offer options for an office and gym or rec room. 6 full baths and 2 half baths are scattered appropriately across the home, each tastefully finished in Alder cabinetry, slab granite and quality fixtures. A generous lower family room tenders room for movies and gaming with a billiard table and a wet bar. Other amenities include a spacious dry sauna, indoor hot tub and a 3-car garage. The home comes fully furnished down to the linens and includes all of the art and décor.

Last Agent to Sell the Property

Mark Salmon

Compass License #S.191477 Listed on: 07/12/2023

Compass

Last Buyer's Agent

Cary White

RE/MAX Gold-Midtown License #S.197587

RE/MAX Gold-Midtown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,895

Year Built

  • Built in 1977

Lot Details

  • 0.39 Acre Lot
  • Lot Sloped Down

Parking

  • 3 Car Attached Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Brick or Stone Mason
  • Batts Insulation
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof
  • Wood Siding
  • Stick Built Home
  • Stucco

Interior Spaces

  • 6,569 Sq Ft Home
  • 4-Story Property
  • Furnished
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Blinds
  • Entrance Foyer
  • Great Room
  • Recreation Room
  • Bonus Room
  • Game Room
  • Sauna
  • Mountain Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Slate Flooring
  • Ceramic Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Primary Bathroom includes a Walk-In Shower

Laundry

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

Outdoor Features

  • Spa
  • Deck

Schools

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

Utilities

  • Refrigerated and Evaporative Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 131815610020

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,895

Year Built

Built in 1977

Lot Details

0

Parking

3

Listing Details

  • Year Built: 1977
  • 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: Paiute Dr/Elks Point Rd, L on Paiute, L on Ute
  • Property Attached Yn: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Additional Refrigerator(s), Dishwasher, Disposal, Double Oven, Dryer, Gas Cooktop, Gas Range, Microwave, Refrigerator, Trash Compactor, Washer
  • Flooring: Carpet, Ceramic Tile, Slate, Wood
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 9
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), High Ceilings, Kitchen Island, Pantry, Sauna, Walk-In Closet(s)
  • Window Features: Blinds, Double Pane Windows, Low-Emissivity Windows, Vinyl Frames

Exterior Features

  • Roof: Asphalt, Composition, Pitched, Shingle
  • Stories: 4
  • View: Mountain(s)
  • Construction Type: Batts Insulation, Stone, Stucco, Wood Siding
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Deck

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage Door Opener

Utilities

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

Schools

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

Lot Info

  • Parcel Number: 131815610020
  • Fencing: None
  • Lot Size Sq Ft: 16988.4
  • Zoning: SFR

Tax Info

  • Tax Annual Amount: 9894.84

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2023
Closed on
Sep 25, 2023
Sold by
Simmons Family Property Nv Llc
Bought by
Gruss Family Holdings Llc
Seller's Agent
Mark Salmon
Compass
Buyer's Agent
Cary White
RE/MAX Gold-Midtown
List Price
$3,880,000
Sold Price
$3,225,000
Premium/Discount to List
-$655,000
-16.88%
Views
107
Current Estimated Value
$3,163,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$61,176
Avg. Annual Appreciation
-1.11%

Purchase Details

Listed on
Apr 30, 2022
Closed on
May 21, 2022
Sold by
Jr Properties Series Llc-Series Ute Way
Bought by
Simmons Family Properties Nv Llc
Seller's Agent
Karen Packman
Chase International - ZC
Buyer's Agent
Mark Salmon
Compass
List Price
$2,999,000
Sold Price
$2,850,000
Premium/Discount to List
-$149,000
-4.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.98%

Purchase Details

Closed on
Aug 8, 2018
Sold by
Richter James
Bought by
Jr Properties Series Llc

Purchase Details

Listed on
Feb 1, 2015
Closed on
Apr 28, 2015
Sold by
The Bank Of New York Mellon
Bought by
Richter James
Seller's Agent
John Green
Advance Realty Professionals
Buyer's Agent
Karen Packman
Chase International - ZC
List Price
$988,000
Sold Price
$884,000
Premium/Discount to List
-$104,000
-10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.44%
Original Mortgage
$618,800
Interest Rate
3.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2013
Sold by
Chastain Scott E and Chastain Katherine L
Bought by
The Bank Of New York Mellon and The Bank Of New York
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
Gruss Family Holdings Llc $3,225,000 Signature Title Services
Simmons Family Properties Nv Llc $2,850,000 Old Republic Title
Jr Properties Series Llc -- None Available
Richter James $884,000 Ticor Title Reno Title Only
The Bank Of New York Mellon $997,983 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Richter James $618,800
Previous Owner Chastain Scott E $1,000,000
Previous Owner Chastain Scott E $1,195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2023 10/02/23 Sold $3,225,000 -16.9% $491 / Sq Ft
09/10/2023 09/10/23 Pending -- -- --
07/11/2023 07/11/23 For Sale $3,880,000 +36.1% $591 / Sq Ft
06/13/2022 06/13/22 Sold $2,850,000 -5.0% $434 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
04/30/2022 04/30/22 For Sale $2,999,000 +239.3% $457 / Sq Ft
05/15/2015 05/15/15 Sold $884,000 -10.5% $160 / Sq Ft
03/30/2015 03/30/15 Pending -- -- --
02/01/2015 02/01/15 For Sale $988,000 -- $179 / 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 $11,477 $337,482 $157,500 $179,982
2024 $11,477 $341,012 $157,500 $183,512
2023 $10,692 $329,645 $157,500 $172,145
2022 $9,895 $302,458 $140,000 $162,458
2021 $9,164 $284,136 $127,750 $156,386
2020 $8,865 $282,572 $127,750 $154,822
2019 $8,561 $281,246 $127,750 $153,496
2018 $8,171 $272,623 $122,500 $150,123
2017 $7,840 $256,791 $105,000 $151,791
2016 $7,646 $242,459 $105,000 $137,459
2015 $7,025 $242,459 $105,000 $137,459
2014 -- $202,254 $105,000 $97,254
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 230007693

Northern Nevada Regional MLS

APN: 1318-15-610-020