NOT LISTED FOR SALE

402 Lakeview Ave Zephyr Cove, NV 89448

Estimated Value: $2,169,000 - $4,064,000

4 Beds
3.5 Baths
2,727 Sq Ft
$991/Sq Ft Est. Value

Last Sold January 23, 2017

Last sale price $2,100,000 $770 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $15,644/month

Highlights

  • Beach Front
  • Docks
  • Boat Ramp
  • Zephyr Cove Elementary School Rated A-
  • Guest House
  • Deck

About This Home

As of January 2017

Lakeview Waters is a very special property with a peaceful energy surrounded by nature. There are four separate buildings including a main residence, guest cottage, office bungalow and separate garage. Originally two parcels, this charming Tahoe-style property has been beautifully upgraded and offers the ultimate in privacy with a pathway accessing the common beach area., Lakeview Waters is nestled in the pines overlooking the marina, beach and beautiful Lake Tahoe. A rare value is the abundance of land in a beautiful park-like setting. Elk Point is one of the most desirable locations within the Tahoe basin. Located on the sunny East Shore of Lake Tahoe, only minutes from Casinos, restaurants, theaters, shopping, the Heavenly Valley ski gondola, and the Edgewood Country Club and golf course. The gated community of Elk Point offers a large private cove and sandy beach with swimmer-friendly waters, marina, boat storage, onsite caretaker and snow removal. Hiking and bike trails are strewn throughout the community and neighboring park, with beautiful vistas at every turn.

Last Agent to Sell the Property

Sue Lowe

Chase International - ZC License #B.26719 Listed on: 01/23/2017

Chase International - ZC

Last Buyer's Agent

Georgia Chase

Chase International - ZC License #BS.146452

Chase International - ZC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,480

Year Built

  • Built in 1945

Lot Details

  • 0.41 Acre Lot
  • Beach Front
  • Property fronts a private road
  • Property is Fully Fenced
  • Landscaped
  • Corner Lot
  • Lot Sloped Down
  • Front and Back Yard Sprinklers

HOA Fees

  • $208 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 2,727 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Blinds
  • Great Room
  • Living Room with Fireplace
  • Home Office
  • Crawl Space
  • Property Views

Kitchen

  • Built-In Oven
  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Jetted Tub in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Shelves in Laundry Area

Outdoor Features

  • Boat Ramp
  • Docks
  • Lake, Pond or Stream
  • Deck

Additional Homes

  • Guest House

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 Natural Gas
  • Water Rights
  • Well
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 131815410014

Community Details

Overview

  • $15,000 HOA Transfer Fee
  • Elk Point HOA
  • The community has rules related to covenants, conditions, and restrictions

Additional Features

  • Common Area
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,480

Year Built

Built in 1945

Lot Details

0

HOA Fees

$208 per month

Parking

2

Listing Details

  • Year Built: 1945
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Road Frontage Type: Private Road
  • Co List Office Mls Id: 627500027-o
  • Co List Office Phone: 775-588-6130
  • Directions: Elks Avenue
  • Property Attached Yn: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Cooktop, Gas Range, Oven, Refrigerator
  • Flooring: Carpet, Wood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Interior Amenities: Pantry, Primary Downstairs, Walk-In Closet(s)
  • Window Features: Blinds, Double Pane Windows

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Pitched, Shingle
  • Stories: 1
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Deck

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public, Well
  • Laundry Features: In Kitchen, Laundry Area, Shelves
  • Cooling: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

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

Lot Info

  • Parcel Number: 131815410014
  • Fencing: Full
  • Lot Size Sq Ft: 17859.6
  • Zoning: SFR

Tax Info

  • Tax Annual Amount: 3480.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2017
Closed on
Jan 12, 2017
Sold by
Harry Michael R and Harry Anne L
Bought by
Harry Michael R and Harry Anne L
Seller's Agent
Sue Lowe
Chase International - ZC
Buyer's Agent
Georgia Chase
Chase International - ZC
List Price
$2,250,000
Sold Price
$2,100,000
Premium/Discount to List
-$150,000
-6.67%
Current Estimated Value
$2,703,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$603,352
Avg. Annual Appreciation
2.60%
Original Mortgage
$1,100,000
Outstanding Balance
$913,354
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$1,694,465

Purchase Details

Listed on
Jan 23, 2017
Closed on
Dec 7, 2016
Sold by
Chase Sharon Purcello
Bought by
Harry Michael R and Harry Anne L
Seller's Agent
Sue Lowe
Chase International - ZC
Buyer's Agent
Georgia Chase
Chase International - ZC
List Price
$2,250,000
Sold Price
$2,100,000
Premium/Discount to List
-$150,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Outstanding Balance
$913,354
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$1,694,465

Purchase Details

Closed on
Dec 11, 2012
Sold by
Chase Sharon P
Bought by
Chase Sharon Purcello

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2012
Sold by
Chase Sharon Purcello
Bought by
Chase Sharon P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2009
Sold by
Chase Sharon Purcello
Bought by
Chase Sharon Purcello

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.15%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Harry Michael R -- First American Title Ins Co
Harry Michael R $2,100,000 First Amer Title Stateline
Chase Sharon Purcello -- None Available
Chase Sharon P -- First American Title
Chase Sharon Purcello -- Stewart Title
Chase Sharon Purcello -- Stewart Title Douglas
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harry Michael R $1,100,000
Previous Owner Chase Sharon P $417,000
Previous Owner Chase Sharon Purcello $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2017 01/23/17 Sold $2,100,000 -6.7% $770 / Sq Ft
01/23/2017 01/23/17 Pending -- -- --
01/23/2017 01/23/17 For Sale $2,250,000 -- $825 / 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 $4,518 $365,463 $315,000 $50,463
2024 $4,478 $357,682 $308,000 $49,682
2023 $4,251 $352,872 $308,000 $44,872
2022 $4,251 $321,106 $280,000 $41,106
2021 $4,118 $292,095 $253,750 $38,345
2020 $3,999 $290,635 $253,750 $36,885
2019 $3,878 $273,414 $238,000 $35,414
2018 $3,701 $261,475 $227,500 $33,975
2017 $3,558 $260,972 $227,500 $33,472
2016 $3,480 $260,259 $227,500 $32,759
2015 $3,463 $260,259 $227,500 $32,759
2014 $3,365 $257,694 $227,500 $30,194
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 170000723

Northern Nevada Regional MLS

APN: 1318-15-410-014