NOT LISTED FOR SALE

343 Tramway Dr Unit A,B,C,D Stateline, NV 89449

Kingsbury Neighborhood

Estimated Value: $900,601 - $2,826,000

12 Beds
8 Baths
4,900 Sq Ft
$369/Sq Ft Est. Value

Last Sold February 17, 2014

Last sale price $965,000 $197 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $10,567/month

468 Days on Market

Highlights

  • In Ground Pool
  • Cathedral Ceiling
  • Double Pane Windows
  • Gene Scarselli Elementary School Rated A-
  • Fireplace
  • Patio

About This Home

As of February 2014

Excellent investment opportunity close to Heavenly and only 3 miles from Lake Tahoe and the Heavenly Village Gondola. 1/2 mile to the Stagecoach high speed ski lift. PANORAMIC CARSON VALLEY VIEWS. 4 Units, 2 Two Bedrooms, 2 Four Bedrooms. Quality design and construction by Bob Ostrow a well known and respected architect in the area.Well maintained with a new $130K walkway, new roofs and new exterior paint. High ceilings, well designed interiors, large decks, jetted tubs, fireplaces, built-ins, parking.

Last Listed By

Anthony Laurian

Coldwell Banker Select ZC License #BS.13406 Listed on: 08/25/2012

Coldwell Banker Select ZC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,815

Year Built

  • Built in 1981

Lot Details

  • 3,049 Sq Ft Lot

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Composition Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 4,900 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Fireplace
  • Double Pane Windows
  • Carpet
  • Crawl Space
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher

Parking

  • 8 Parking Spaces
  • 2 Parking Spaces Included
  • Parking Lot

Outdoor Features

  • In Ground Pool
  • Patio

Utilities

  • Cooling System Utilizes Natural Gas
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter
  • Electric Water Heater
  • Internet Available
  • Phone Available
  • TV Antenna

Listing and Financial Details

  • Assessor Parcel Number 131930627005

Community Details

Overview

  • 4 Units
  • 343 Tramway Community

Building Details

  • Net Operating Income $20,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,815

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Type Of Property: Duplex, Triplex, 4-Plex
  • Extended Remarks: The 2 Bedroom 2 Baths Units asking $900/month The 4 Bedroom 2-Baths Units asking $1200/month. Unit A is currently rented for $900/month. Units B is VACANT Unit C is currently rented for $900/month Unit D is currently rented for $825/month SHOW UNIT B-VACANT-LOCKBOX CALL 775-721-1196 FOR AN APPOINTMENT TO SEE THE OTHER UNITS The building is a 4-PLEX Unit, not 4 individual condominiums.
  • Year Built: 1981
  • Access Type: Public
  • Xstreet Directions: Milky Way Court
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Oven/Range, Refrigerator, Varies Per Unit
  • Water Heater: Electric
  • Flooring: Carpet
  • Price Per Sq Ft: 196.94
  • Sold Price Per Sq Ft: 196.94
  • Source Of Sq Ft: Owner
  • Gross Sq Ft: 4900

Exterior Features

  • Windows: Double Pane
  • Construction: Wood Frame
  • Exterior: Wood Siding
  • Foundation: Concrete/Crawl Space, Concrete Slab
  • Roof: Asphalt, Composition/Shingle, Flat, Pitched
  • Stories: 3 Story

Garage/Parking

  • Total Parking Capacity: 8
  • Parking Capacity Per Unit: 2
  • Parking Types: Common

Utilities

  • Heating Cooling: Electric, Natural Gas, Fireplace, Forced Air
  • Internet: Yes
  • Utilities: City/County Water, City Sewer, Electricity, Natural Gas, Telephone
  • Facility Features: Separate Heating/Cooling, Separate Meters-Electric, Separated Meters-Gas, Separate Meters-Water, Tenant Pays Utilities
  • Individually Metered: Yes
  • Laundry: Separate

Condo/Co-op/Association

  • Common Features: Pool-In Ground, Spa/Hot Tub, TV Antenna
  • Complex Name: 343 TRAMWAY

Lot Info

  • Acreage: 0.07
  • Parcel Number: 131930627005
  • Zoning Actual: PUD

Green Features

  • Green Features: Double Pane Windows

Rental Info

  • Current Lease: Month to Month

Tax Info

  • Taxes Dollar: 1814.77

Multi Family

  • Annual Expenses: 30000
  • Annual Vacancy: 25
  • APOD Available: Yes
  • Gross Scheduled Income: 50400
  • Number Units: 4
  • Unit Features: Patio/Deck, Spa/Hot Tub, Vaulted Cathedral Ceiling

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2014 02/17/14 Sold $965,000 -8.1% $197 / Sq Ft
12/06/2013 12/06/13 Pending -- -- --
08/25/2012 08/25/12 For Sale $1,050,000 -- $214 / 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 $6,075 $186,165 $63,000 $123,165
2024 $6,075 $191,067 $63,000 $128,067
2023 $5,619 $175,124 $63,000 $112,124
2022 $5,198 $166,336 $57,750 $108,586
2021 $4,814 $156,796 $52,500 $104,296
2020 $4,658 $155,258 $52,500 $102,758
2019 $3,239 $97,375 $48,125 $49,250
2018 $3,091 $92,676 $43,750 $48,926
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 120010677

Northern Nevada Regional MLS

APN: 1319-30-627-027