NOT LISTED FOR SALE

468 Lakeview Ave Zephyr Cove, NV 89448

Estimated Value: $1,115,000 - $6,811,295

2 Beds
2 Baths
1,117 Sq Ft
$3,392/Sq Ft Est. Value

Last Sold January 05, 2016

Last sale price $3,900,000 $3,491 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $24,290/month

49 Days on Market

Highlights

  • Marina
  • Boat Dock
  • Lake View
  • Zephyr Cove Elementary School Rated A-
  • Gated Community
  • Property is near a lake

About This Home

As of January 2016

Located in the exclusive community of Elk Point, this cabin and guesthouse built in 1934, embrace the “Old Tahoe” charm framed by the breathtaking shores of Lake Tahoe. With a pier, several decks, a low-water sandy beach and large windows, you can take in the warm summer days and beautiful Tahoe sunsets. Boasting 96' of lake frontage, the property is tucked into the cove where you’re sheltered from the harsh winter winds. And for the visionary, there is an abundant amount of pre-1972 grandfathered coverage.

Last Listed By

Chris & Brooke Hernandez

Compass License #S.71297 Listed on: 09/02/2015

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,767

Year Built

  • Built in 1934

Lot Details

  • 8,276 Sq Ft Lot
  • Landscaped
  • Lot Sloped Down

HOA Fees

  • $218 Monthly HOA Fees

Property Views

  • Lake
  • Mountain

Home Design

  • Composition Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,117 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Great Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Workshop
  • Wood Flooring
  • Crawl Space
  • Instant Hot Water

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Separate Shower

Outdoor Features

  • Property is near a lake
  • Deck

Utilities

  • Cooling System Utilizes Natural Gas
  • Forced Air Heating System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Community Well
  • Tankless Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 131816710011

Community Details

Overview

  • Property managed by Elk Point Country Club, Inc.
  • On-Site Maintenance

Recreation

  • Boat Dock
  • Community Boat Slip
  • Pier or Dock
  • Marina
  • Beach
  • Snow Removal

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,767

Year Built

Built in 1934

Lot Details

0

HOA Fees

$218 per month

Listing Details

  • Class: Residential
  • Type: Residential
  • Type Of Property: Single Family Residence
  • Adjoins: Lake
  • Access: Private
  • Extended Remarks: Situated in Nevada, with favorable tax advantages, the Elk Point community is gated with a private, large sandy beach, party deck, indoor and outdoor boat and RV storage, a marina with 40 slips and a boat ramp. Centrally located and just minutes to shopp
  • Year Built: 1934
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Water Heater: On Demand/Tankless
  • Floor Covering: Wood
  • Bedrooms: 2
  • Master Bedroom: On Main Floor, Shower Stall
  • Full Or Three Quarter Bathrooms: 2
  • Half Bathrooms: 0
  • Laundry Area: Yes
  • Living Room: Fireplce/Woodstove/Pellet, Great Room
  • Other Rooms: Workshop
  • Dining Room: Living Rm Combo
  • Price Per Sq Ft: 3491.5
  • Sold Price Per Sq Ft: 3491.5
  • Source Of Sq Ft: Assessor
  • Total Living Space: 1117
  • Price Per Sq Ft: 3576.54

Exterior Features

  • Windows: Double Pane
  • Construction: Site/Stick-Built
  • Exterior: Wood Siding
  • Exterior Features: Pier
  • Foundation: Concrete - Crawl Space
  • Patio Deck: Deck
  • Roof: Composition - Shingle
  • Stories: 2 Story
  • View: Lake, Mountain

Garage/Parking

  • Number Carport: 0
  • Garage: 0

Utilities

  • Heating Cooling: Forced Air, Hot Water System, Natural Gas
  • Internet: Yes
  • Utilities: Cable, City Sewer, Electricity, Natural Gas, Telephone, Well-Community
  • Water Test: Yes

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Mgt Co: Elk Point Country Club, Inc.
  • Hoa Amenities: Beach, Boat Launch, Common Area Maint, Dock, Gates/Fences, Marina, Security Gates, Snow Removal, Partial Utilities
  • Association Fee: 2617
  • Association Fee Period: Annually
  • Association Transfer Fee: 15000

Schools

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

Lot Info

  • Acreage: 0.19
  • Parcel Number: 131816710011
  • Topography: Downslope
  • Zoning Actual: Single Family

Green Features

  • Green Features: Double Pane Windows, On Demand Water Heater

Tax Info

  • Taxes Dollar: 13767

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2016
Sold by
Newcomb Lindsay
Bought by
Felton Robert W
Total Days on Market
49
Current Estimated Value
$3,789,324

Purchase Details

Closed on
Apr 20, 2016
Sold by
Felton Robert W
Bought by
Newcomb Lindsey

Purchase Details

Listed on
Sep 2, 2015
Closed on
Jan 4, 2016
Sold by
Poe Jay and Poe Dana A
Bought by
Felton Robert W
Seller's Agent
Chris & Brooke Hernandez
Compass
Buyer's Agent
Craig Zager
Coldwell Banker Select ZC
List Price
$4,500,000
Sold Price
$3,900,000
Premium/Discount to List
-$600,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.31%

Purchase Details

Closed on
Jul 23, 2015
Sold by
Browne Craig V
Bought by
Poe Jay and Poe Dana A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,773,750
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 16, 2013
Sold by
Marshall Roger V
Bought by
Browne Craig

Purchase Details

Closed on
Feb 6, 2008
Sold by
Browne Dorothy Ann Graf
Bought by
Browne Dorothy Ann Graf

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
Felton Robert W -- None Available
Newcomb Lindsey -- None Available
Newcomb Lindsay -- None Available
Felton Robert W $3,900,000 First Centennial Reno
Poe Jay $2,365,000 First American Title Minden
Browne Craig -- None Available
Browne Dorothy Ann Graf -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Poe Jay $1,773,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2016 01/05/16 Sold $3,900,000 -13.3% $3,491 / Sq Ft
10/21/2015 10/21/15 Pending -- -- --
09/02/2015 09/02/15 For Sale $4,500,000 -- $4,029 / 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 $36,769 $1,933,084 $1,176,000 $757,084
2024 $36,769 $1,901,506 $1,144,500 $757,006
2023 $35,935 $1,838,432 $1,144,500 $693,932
2022 $34,606 $1,685,345 $1,041,250 $644,095
2021 $33,560 $1,561,044 $952,000 $609,044
2020 $32,596 $1,545,593 $952,000 $593,593
2019 $31,603 $1,414,671 $833,000 $581,671
2018 $27,428 $1,273,279 $819,000 $454,279
2017 $18,008 $961,682 $819,000 $142,682
2016 $13,619 $722,646 $708,750 $13,896
2015 $13,767 $722,646 $708,750 $13,896
2014 $13,376 $721,561 $708,750 $12,811
Source: Public Records

Agents Affiliated with this Home

  • Craig Zager

    Buyer's Agent in 2016

    Craig Zager

    Coldwell Banker Select ZC

    (775) 901-4663

    86 in this area

    208 Total Sales

    Craig Zager
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Map

Source: Northern Nevada Regional MLS

MLS Number: 150013022

Northern Nevada Regional MLS

APN: 1318-16-710-011

Nevada Douglas County Zephyr Cove 89448

468 Lakeview Ave, Zephyr Cove, NV

Homes for Sale in Zephyr Cove, NV

This home is located at 468 Lakeview Ave, Zephyr Cove, NV 89448 since 02 September 2015 and is currently estimated at $3,789,324, approximately $3,392 per square foot. This property was built in 1934. 468 Lakeview Ave 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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