NOT LISTED FOR SALE

412 Elks Ave Zephyr Cove, NV 89448

Estimated Value: $1,590,000 - $3,078,000

2 Beds
2 Baths
1,170 Sq Ft
$2,085/Sq Ft Est. Value

Last Sold January 04, 2021

Last sale price $1,450,000 $1,239 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $15,434/month

26 Days on Market

Highlights

  • Beach Front
  • Spa
  • Mountain View
  • Zephyr Cove Elementary School Rated A-
  • Gated Community
  • Deck

About This Home

As of January 2021

Own your own little Tahoe cabin with knotty pine throughout in the highly sought after Elk Point Country Club. The property offers street level direct access parking with 3+ parking spaces and a metal roof that was installed in 2010. 85% of the existing plumbing was redone by Clark Plumbing and Arctic Electric rewired the home. The kitchen has had some updating with counters, sink, and cupboards, and the little attached breakfast room is perfect for dining., The great room opens out to a large deck with a hot tub and offers filtered lake views. The bathroom on the first floor has a shower stall and a stackable washer and dryer. A circular staircase brings you up to a large master bedroom area with a small balcony and a bathroom with a tub. The homeowner's beautiful beach has BBQ facilities, volleyball, a marina and boat slips. Seller will review all offers on Oct. 15, 2020, and the property is not to close escrow until after the first of the year.

Last Agent to Sell the Property

Pam Lusby

Chase International - ZC License #S.39596 Listed on: 09/18/2020

Chase International - ZC

Last Buyer's Agent

Scott Roberts

Chase International - ZC License #S.180282

Chase International - ZC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,806

Year Built

  • Built in 1934

Lot Details

  • 7,841 Sq Ft Lot
  • Beach Front
  • Property fronts a private road
  • Security Fence
  • Landscaped
  • Open Lot
  • Lot Sloped Down
  • Property is zoned SF

HOA Fees

  • $355 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Pillar, Post or Pier Foundation
  • Stone Foundation
  • Pitched Roof
  • Metal Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,170 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Drapes & Rods
  • Blinds
  • Great Room
  • Living Room with Fireplace
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Electric Oven
  • Electric Cooktop
  • Microwave

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Primary Bathroom Bathtub Only

Laundry

  • Laundry Room
  • Laundry in Bathroom
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Lake, Pond or Stream
  • Deck

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
  • Wall Furnace
  • Well
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 131815410005

Community Details

Overview

  • $20,000 HOA Transfer Fee
  • Associa Sierra North Association, Phone Number (530) 494-0909
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Snow Removal

Security

  • Resident Manager or Management On Site
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,806

Year Built

Built in 1934

Lot Details

0

HOA Fees

$355 per month

Listing Details

  • Year Built: 1934
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Road Frontage Type: Private Road, Other
  • Co List Office Mls Id: 627500027-o
  • Co List Office Phone: 775-588-6130
  • Directions: Through gate, 5th home on left
  • Property Attached Yn: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Electric Cooktop, Electric Oven, Electric Range, Microwave, Oven, Refrigerator, Washer
  • Flooring: Carpet, Tile, Vinyl
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Window Features: Blinds, Double Pane Windows, Drapes, Rods, Single Pane Windows

Exterior Features

  • Exterior Features: None
  • Roof: Metal, Pitched
  • Stories: 2
  • View: Mountain(s)
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Foundation Details: Pillar/Post/Pier, Stone
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: Assigned, None

Utilities

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

Schools

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

Lot Info

  • Parcel Number: 131815410005
  • Fencing: None
  • Lot Size Sq Ft: 7840.8
  • Zoning: SF

Tax Info

  • Tax Annual Amount: 2805.75

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2021
Sold by
Tetsch Stephen E
Bought by
Tetsch Stephen
Total Days on Market
26
Current Estimated Value
$2,439,811

Purchase Details

Listed on
Sep 18, 2020
Closed on
Jan 4, 2021
Sold by
K Fry Trust and Fry Lawrence J
Bought by
Stephen E Tetsch Trust and Tetsch
Seller's Agent
Pam Lusby
Chase International - ZC
Buyer's Agent
Scott Roberts
Chase International - ZC
List Price
$1,200,000
Sold Price
$1,450,000
Premium/Discount to List
$250,000
20.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.87%

Purchase Details

Listed on
Sep 18, 2020
Closed on
Dec 23, 2020
Sold by
Fry Lawrence J
Bought by
Tetsch Stephen E and The Stephen E Tetsch Trust
Seller's Agent
Pam Lusby
Chase International - ZC
Buyer's Agent
Scott Roberts
Chase International - ZC
List Price
$1,200,000
Sold Price
$1,450,000
Premium/Discount to List
$250,000
20.83%

Purchase Details

Closed on
Sep 1, 2009
Sold by
Allied 1031 Exchange
Bought by
Fry Lawrence J and The K Fry Trust

Purchase Details

Closed on
Sep 7, 2005
Sold by
Fry Lawrence J
Bought by
Waren Christopher G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.76%
Mortgage Type
Seller Take Back
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
Tetsch Stephen -- None Available
Stephen E Tetsch Trust $1,450,000 Signature Title Services
Tetsch Stephen E $450,000 Signature Title
Fry Lawrence J $509,830 First Centennial Reno
Waren Christopher G $712,500 T S I Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Waren Christopher G $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2021 01/04/21 Sold $1,450,000 +20.8% $1,239 / Sq Ft
10/14/2020 10/14/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $1,200,000 -- $1,026 / 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 $18,471 $661,342 $306,250 $355,092
2024 $12,383 $651,832 $297,500 $354,332
2023 $12,383 $297,500 $297,500 $0
2022 $6,892 $269,500 $269,500 $0
2021 $6,377 $245,000 $245,000 $0
2020 $2,806 $249,519 $236,250 $13,269
2019 $2,700 $194,688 $182,000 $12,688
2018 $5,308 $187,197 $175,000 $12,197
2017 $3,306 $187,013 $175,000 $12,013
2016 $2,503 $186,801 $175,000 $11,801
2015 $2,480 $186,801 $175,000 $11,801
2014 $2,410 $185,889 $175,000 $10,889
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 200013185

Northern Nevada Regional MLS

APN: 1318-15-410-005