NOT LISTED FOR SALE

418 Bitler Rd Zephyr Cove, NV 89448

Estimated Value: $2,799,000 - $14,897,553

5 Beds
6.5 Baths
8,005 Sq Ft
$1,048/Sq Ft Est. Value

Last Sold May 24, 2018

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

Est. 22% decrease in value since last sale

Current estimated payment $47,331/month

974 Days on Market

Highlights

  • Pier or Dock
  • Lake View
  • 1.46 Acre Lot
  • Zephyr Cove Elementary School Rated A-
  • Property is near a lake
  • Deck

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.

Last Listed By

Jean Merkelbach

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

Engel & Völkers Lake Tahoe

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,897

Year Built

  • Built in 1993

Lot Details

  • 1.46 Acre Lot
  • Property is Fully Fenced
  • Fenced Front Yard
  • Drip System Landscaping
  • Level Lot
  • Front Yard Sprinklers

Property Views

  • Lake
  • Woods
  • Mountain

Home Design

  • Pillar, Post or Pier Foundation
  • Rock and Frame
  • Pitched Roof
  • Composition Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 8,005 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Multiple Fireplaces
  • 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
  • Formal Dining Room
  • Home Office
  • Game Room
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

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

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Property is near a lake
  • Deck
  • Patio
  • Outdoor Storage

Utilities

  • Cooling System Utilizes Natural Gas
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Private Company Owned Well
  • Natural Gas Water Heater
  • Internet Available
  • Phone Available

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 131816801002

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,897

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residential
  • Type Of Property: Single Family Residence
  • Adjoins: Lake
  • Within City Limits: Yes
  • Access: Private
  • Automated Valuation: Yes
  • Extended Remarks: 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 Villag
  • Year Built: 1993
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Personal Property Included: Dryer, Refrigerator In Kitchen, Washer
  • Personal Property Included: Storage Shed
  • Interior Fixtures: Blinds - Shades, Drapes - Curtains
  • Fireplace: Two Or More, Gas Log, Insert, Yes
  • Water Heater: Natural Gas
  • Floor Covering: Ceramic Tile, Carpet, Stone, Wood
  • Bedrooms: 5
  • Master Bedroom: Fireplce-Woodstove-Pellet, High Ceiling, Walk-In Closet
  • Full Or Three Quarter Bathrooms: 6
  • Half Bathrooms: 1
  • Family Room: Firplce-Woodstove-Pellet, High Ceiling, Separate
  • Kitchen: Built-In Dishwasher, Microwave Built-In, Breakfast Bar, Garbage Disposal, Island, Pantry, Trash Compactor
  • Laundry Area: Cabinets, Laundry Sink, Laundry Room, Shelves, Yes
  • Living Room: Fireplce/Woodstove/Pellet, Great Room, High Ceiling
  • Other Rooms: Game Room, Office-Den(not Incl Bdrm), Yes
  • Dining Room: Fireplce-Woodstove-Pellet, Great Room, High Ceiling, Separate/Formal
  • Price Per Sq Ft: 1336.66
  • Sold Price Per Sq Ft: 1336.66
  • Source Of Sq Ft: Assessor
  • Total Living Space: 8005
  • Price Per Sq Ft: 1622.49

Exterior Features

  • Windows: Double Pane, Low E
  • Construction: Site/Stick-Built
  • Exterior: Rock, Wood Siding
  • Exterior Features: Pier
  • Fenced: Front, Full
  • Foundation: Concrete - Crawl Space, Post And Pier
  • Landscaped: Fully Landscaped, Yes
  • Patio Deck: Deck, Patio, Yes
  • Roof: Composition - Shingle, Pitched
  • Stories: 2 Story
  • View: Lake, Mountain, Trees, Yes

Garage/Parking

  • Garage Types: Attached, Garage Door Opener(s)
  • Number Carport: 0
  • Garage: 3
  • Total Parking Capacity: 3

Utilities

  • Sprinklers: Automatic, Drip-Back, Drip-Front, Drip-Full, Front, Full Sprinklers
  • Heating Cooling: Hot Water System, Natural Gas
  • Internet: Yes
  • Utilities: City Sewer, Electricity, Internet Available, Natural Gas, Telephone, Well-Private

Condo/Co-op/Association

  • Hoa Amenities: No Amenities

Schools

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

Lot Info

  • Acreage: 1.46
  • Parcel Number: 131816801002
  • Topography: Level
  • Zoning Actual: SFR

Green Features

  • Green Features: Double Pane Windows, Low E Windows

Tax Info

  • Taxes Dollar: 19897

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 & Völkers Lake Tahoe
Buyer's Agent
Jean Merkelbach other
Engel & Völkers Lake Tahoe
List Price
$16,980,000
Sold Price
$10,700,000
Premium/Discount to List
-$6,280,000
-36.98%
Total Days on Market
974
Current Estimated Value
$8,388,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,311,149
Avg. Annual Appreciation
-3.44%

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

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 & Völkers Lake Tahoe

    (775) 588-7710

    14 in this area

    171 Total Sales

    Jean Merkelbach
    Section Image

  • J

    Buyer's Agent in 2018

    Jean Merkelbach other

    Engel & Völkers Lake Tahoe

  • K

    Buyer Co-Listing Agent in 2018

    Kaylee Smith

    RE/MAX

    (775) 229-1491

    24 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

Homes for Sale in Zephyr Cove, NV

This home is located at 418 Bitler Rd, Zephyr Cove, NV 89448 since 08 September 2015 and is currently estimated at $8,388,851, approximately $1,047 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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