NOT LISTED FOR SALE

437 Nevada St Zephyr Cove, NV 89448

Estimated Value: $2,004,000 - $2,369,000

2 Beds
1 Bath
1,032 Sq Ft
$2,123/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $2,300,000 $2,229 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $13,151/month

52 Days on Market

Highlights

  • Beach Front
  • Boat Ramp
  • View of Trees or Woods
  • Zephyr Cove Elementary School Rated A-
  • Property is near a marina
  • Lake, Pond or Stream

About This Home

As of May 2024

Situated on the coveted shores of Lake Tahoe in the exclusive Elk Point community, this legacy property, built in 1928 is being offered for the first time. Ever! This is a once-in-a-lifetime construction opportunity for you to bring your dreams and creativity to life. Offering almost 10,000 square feet of direct access to the lake and lake-front amenities, this isn't just a place to reside; it's a lifestyle that celebrates harmony with nature., Located on a large and expansive lot with ample privacy this lakefront property offers tremendous views of Lake Tahoe. Wake up to awe-inspiring sunrises and unwind with captivating sunsets over the pristine waters of Lake Tahoe. Elk Point is a sought after community in Zephyr Cove, Nevada, known for its serene natural beauty, waterfront amenities, and ultimate proximity to Lake Tahoe. One of the defining features of Elk Point is its picturesque setting amidst the natural splendor of Lake Tahoe. Residents can enjoy pristine forests, sparkling blue waters, and majestic mountain vistas right at their doorstep. Whether it's hiking through the nearby trails, swimming in the crystal-clear lake, or simply soaking in the breathtaking scenery, this neighborhood offers an unparalleled outdoor experience. From private beach access beach, boat ramp, picnic areas, boat trailer parking, boat garages, a gated entrance, an onsite property manager, snow removal, and a multitude of recreational activities, there’s no shortage of opportunities to explore. Further, the Elk Point neighborhood fosters a strong sense of community among its residents. Whether it's gathering for neighborhood events, socializing at the clubhouse, or simply exchanging friendly greetings while out for a stroll, residents of this community enjoy a close-knit and welcoming atmosphere that truly feels like home. Conveniently located near a variety of amenities and attractions. The nearby town of Zephyr Cove provides access to shopping, dining, and entertainment options, while world-class ski resorts, golf courses, and casinos are just a short drive away. Whether you're seeking outdoor adventure or urban convenience, this property offers access to the best of both worlds. Make this secluded and peaceful retreat yours!

Last Agent to Sell the Property

Jenna Belden

Compass License #S.187593 Listed on: 03/14/2024

Compass

Co-Listed By

Rhonda Keen

Compass License #S.175406

Last Buyer's Agent

Jenna Belden

Compass License #S.187593 Listed on: 03/14/2024

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,742

Year Built

  • Built in 1928

Lot Details

  • 9,148 Sq Ft Lot
  • Beach Front
  • Property fronts a private road
  • Level Lot
  • Property is zoned SF

HOA Fees

  • $1,104 Monthly HOA Fees

Property Views

  • Woods
  • Mountain

Home Design

  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Stick Built Home

Interior Spaces

  • 1,032 Sq Ft Home
  • 1-Story Property
  • Furnished
  • High Ceiling
  • Great Room
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Electric Oven
  • Electric Cooktop

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Property is near a marina
  • Property is near a lake
  • Boat Ramp
  • Lake, Pond or Stream

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 131816810014

Community Details

Overview

  • $20,000 HOA Transfer Fee
  • Association Sierra North / Association, Phone Number (775) 626-7333
  • The community has rules related to covenants, conditions, and restrictions

Additional Features

  • No Laundry Facilities
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,742

Year Built

Built in 1928

Lot Details

0

HOA Fees

$1,104 per month

Listing Details

  • Year Built: 1928
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Road Frontage Type: Private Road
  • Co List Office Mls Id: 2351-o
  • Co List Office Phone: 775-404-7650
  • Co List Office Mls Id: 2351-o
  • Co List Office Phone: 775-404-7650
  • Directions: Elks Point Rd., through gate, left on Lakeview Ave
  • Property Attached Yn: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Cooktop, Electric Oven, Electric Range, Oven, Refrigerator
  • Flooring: Carpet, Wood
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, High Ceilings
  • Window Features: Single Pane Windows

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Shingle
  • Stories: 1
  • View: Mountain(s), Trees/Woods
  • Waterfront: Yes
  • Foundation Details: Pillar/Post/Pier, Slab

Garage/Parking

  • Parking Features: None

Utilities

  • Utilities: Cable Available, Internet Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: None
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

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

Lot Info

  • Parcel Number: 131816810014
  • Fencing: None
  • Lot Size Sq Ft: 9147.6
  • Zoning: SF

Tax Info

  • Tax Annual Amount: 4741.58

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
May 17, 2024
Sold by
Maria D Hoerni Trust and Anne Blackwell Trust
Bought by
Bill Olin 401K Psp and Olin
Seller's Agent
Jenna Belden
Compass
Buyer's Agent
Jenna Belden
Compass
List Price
$2,000,000
Sold Price
$2,300,000
Premium/Discount to List
$300,000
15%
Views
17
Current Estimated Value
$2,191,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$108,801
Avg. Annual Appreciation
-4.35%

Purchase Details

Closed on
Jun 13, 2019
Sold by
Hoerni Maria D and Hoerni John A
Bought by
Hoerni Maria D and Maria D Hoerni Trust

Purchase Details

Closed on
Feb 13, 2018
Sold by
First Republic Bank
Bought by
Blackwell Anne and Killham Mary Susan

Purchase Details

Closed on
Jan 22, 2018
Sold by
Hoerni Maria D and Hoerni John
Bought by
Hoerni Maria D and Maria D Hoerni Trust

Purchase Details

Closed on
Mar 16, 2012
Sold by
First Republic Bank
Bought by
First Republic Bank

Purchase Details

Closed on
Jan 31, 2012
Sold by
Schmitz Edwin F and Schmitz Trust
Bought by
Blackwell Anne and Blackwell Mary Susan

Purchase Details

Closed on
Oct 22, 2009
Sold by
Blackwell Anne and Blackwell Anne H
Bought by
Blackwell Anne and Anne Blackwell Trust
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
Bill Olin 401K Psp $2,300,000 First Centennial Title
Hoerni Maria D -- None Available
Hoerni Maria D -- None Available
Blackwell Anne -- None Available
Hoerni Maria D -- None Available
Hoerni John -- None Available
First Republic Bank -- None Available
Blackwell Anne -- None Available
Blackwell Anne -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Sold $2,300,000 +15.0% $2,229 / Sq Ft
05/04/2024 05/04/24 Pending -- -- --
03/13/2024 03/13/24 For Sale $2,000,000 -- $1,938 / 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 $5,015 $356,622 $341,250 $15,372
2024 $5,015 $347,593 $332,500 $15,093
2023 $4,742 $346,009 $332,500 $13,509
2022 $4,306 $309,849 $297,500 $12,349
2021 $3,985 $282,758 $271,250 $11,508
2020 $3,857 $282,291 $271,250 $11,041
2019 $3,720 $266,140 $255,500 $10,640
2018 $3,550 $255,404 $245,000 $10,404
2017 $3,413 $255,218 $245,000 $10,218
2016 $3,347 $255,011 $245,000 $10,011
2015 $3,322 $255,011 $245,000 $10,011
2014 $3,223 $254,157 $245,000 $9,157
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 240004839

Northern Nevada Regional MLS

APN: 1318-16-810-014