NOT LISTED FOR SALE

418 Bitler Rd Zephyr Cove, NV 89448

Estimated Value: $1,938,000 - $17,022,360

5 Beds
6.5 Baths
8,005 Sq Ft
$889/Sq Ft Est. Value

Last Sold May 24, 2018

Last sale price $10,700,000 $1,337 Per Sq Ft

Est. 34% decrease in value since last sale

Current estimated payment $42,294/month

974 Days on Market

Highlights

  • Pier
  • View of Trees or Woods
  • 1.46 Acre Lot
  • Zephyr Cove Elementary School Rated A-
  • Waterfront
  • Fireplace in Primary Bedroom

About This Home

As of May 2018

As you drive through the entry gates you are greeted with sprawling lawns, ponds and water features that guide you effortlessly to an exquisite residence. The materials and craftsmanship are of the highest quality with finishes that include surfaces of granite, marble and onyx and showcase woods of walnut, alder and burl. Private spaces include majestic office, state of the art theater, game room, and sumptuous master suite., And if all that were not enough, there is lakeside patio with hot tub, 135 feet of sandy beach frontage, floating pier with boat lift ~ all of this is minutes from world class dining and entertainment at the east shore casinos, shopping at Heavenly Village and the thrills of Heavenly Ski Resort. * in-floor radiant heat * air conditioning * custom art glass

Last Agent to Sell the Property

Jean Merkelbach

Engel & Volkers Lake Tahoe License #B.12934 Listed on: 09/08/2015

Engel & Volkers Lake Tahoe

Last Buyer's Agent

Jean Merkelbach other

Engel & Volkers Lake Tahoe

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,897

Year Built

  • Built in 1993

Lot Details

  • 1.46 Acre Lot
  • Waterfront
  • Property fronts a private road
  • Property is Fully Fenced
  • Fenced Front Yard
  • Landscaped
  • Level Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Property Views

  • Woods
  • Mountain

Home Design

  • Brick or Stone Mason
  • Pillar, Post or Pier Foundation
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 8,005 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Self Contained Fireplace Unit Or Insert
  • Gas Log Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Drapes & Rods
  • Blinds
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 2 Fireplaces
  • Home Office
  • Game Room
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry
  • Laundry Cabinets
  • Shelves in Laundry Area

Outdoor Features

  • Pier
  • Property is near a lake
  • Lake, Pond or Stream
  • Deck
  • Patio
  • Storage Shed

Schools

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

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Private Water Source
  • Well
  • Gas Water Heater
  • Internet Available
  • Phone Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 131816801002

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,897

Year Built

Built in 1993

Lot Details

0

Parking

3

Listing Details

  • Year Built: 1993
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Road Frontage Type: Private Road
  • Co List Office Mls Id: 1474-o
  • Co List Office Phone: 775-588-7710
  • Directions: N/A
  • Property Attached Yn: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Trash Compactor, Washer
  • Flooring: Carpet, Ceramic Tile, Stone, Wood
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log, Insert
  • Fireplaces: 2
  • Interior Amenities: Breakfast Bar, High Ceilings, Kitchen Island, Pantry, Walk-In Closet(s)
  • Window Features: Blinds, Double Pane Windows, Drapes, Low-Emissivity Windows

Exterior Features

  • Roof: Composition, Pitched, Shingle
  • Stories: 2
  • View: Mountain(s), Trees/Woods
  • Waterfront: Yes
  • Construction Type: Stone, Wood Siding
  • Foundation Details: Crawl Space, Pillar/Post/Pier
  • Patio And Porch Features: Patio, Deck

Garage/Parking

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

Utilities

  • Utilities: Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Private, Well
  • Laundry Features: Cabinets, Laundry Area, Laundry Room, Shelves, Sink
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

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

Lot Info

  • Parcel Number: 131816801002
  • Fencing: Front Yard, Full
  • Lot Size Sq Ft: 63597.6
  • Zoning: SFR

Tax Info

  • Tax Annual Amount: 19897.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2015
Closed on
May 24, 2018
Sold by
Keshmiri Kamy
Bought by
Amt Investment Lp
Seller's Agent
Jean Merkelbach
Engel & Volkers Lake Tahoe
Buyer's Agent
Jean Merkelbach other
Engel & Volkers Lake Tahoe
List Price
$16,980,000
Sold Price
$10,700,000
Premium/Discount to List
-$6,280,000
-36.98%
Current Estimated Value
$7,114,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,585,213
Avg. Annual Appreciation
-5.59%

Purchase Details

Closed on
Apr 27, 2012
Sold by
Keshmiri Kamy
Bought by
Keshmiri Kamy and Kamy Keshmiri Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
3.62%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 16, 2009
Sold by
Alexander Judy Lynne
Bought by
Keshmiri Kamy and Kamy Keshmiri Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000,000
Interest Rate
4.92%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 25, 2006
Sold by
Kawcak Kathleen M and Kawcak Kathleen Mary
Bought by
Kawcak Kathleen M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Amt Investment Lp $10,700,000 Ticor Title Of Nevada Inc
Keshmiri Kamy -- Ticor Title Reno Lakesi
Keshmiri Kamy -- Ticor Title Reno Lakesi
Keshmiri Kamy $7,500,000 Marquis Title & Escrow Inc
Kawcak Kathleen M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amt Investments Lp $6,420,000
Previous Owner Keshmiri Kamy $3,000,000
Previous Owner Keshmiri Kamy $6,000,000
Previous Owner Alexander Judy Lynne $6,000,000
Previous Owner Alexander Judy Lynne $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2018 05/24/18 Sold $10,700,000 -37.0% $1,337 / Sq Ft
05/09/2018 05/09/18 Pending -- -- --
09/08/2015 09/08/15 For Sale $16,980,000 -- $2,121 / 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 $33,736 $2,256,817 $1,774,500 $482,317
2024 $33,736 $2,211,676 $1,722,000 $489,676
2023 $33,277 $2,178,646 $1,722,000 $456,646
2022 $31,811 $2,106,951 $1,680,000 $426,951
2021 $30,827 $1,931,019 $1,522,500 $408,519
2020 $29,953 $1,924,124 $1,522,500 $401,624
2019 $29,105 $1,918,887 $1,522,500 $396,387
2018 $28,176 $1,700,300 $1,312,500 $387,800
2017 $27,383 $1,702,831 $1,312,500 $390,331
2016 $26,712 $1,446,387 $1,050,000 $396,387
2015 $26,529 $1,446,387 $1,050,000 $396,387
2014 $25,766 $1,421,733 $1,050,000 $371,733
Source: Public Records

Agents Affiliated with this Home

  • Jean Merkelbach

    Seller's Agent in 2018

    Jean Merkelbach

    Engel & Volkers Lake Tahoe

    (775) 588-7710

    14 in this area

    167 Total Sales

    Jean Merkelbach
    Section Image

  • J

    Buyer's Agent in 2018

    Jean Merkelbach other

    Engel & Volkers Lake Tahoe

  • K

    Buyer Co-Listing Agent in 2018

    Kaylee Smith

    RE/MAX

    (775) 229-1491

    29 Total Sales

    Kaylee Smith
    Section Image
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Map

Source: Northern Nevada Regional MLS

MLS Number: 150012726

Northern Nevada Regional MLS

APN: 1318-16-801-002

Nevada Douglas County Zephyr Cove 89448

418 Bitler Rd, Zephyr Cove, NV

This home is located at 418 Bitler Rd, Zephyr Cove, NV 89448 since 08 September 2015 and is currently estimated at $7,114,787, approximately $888 per square foot. This property was built in 1993. 418 Bitler Rd is a home located in Douglas County with nearby schools including Zephyr Cove Elementary School, George Whittell High School, and Douglas County High School.

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