NOT LISTED FOR SALE

476 Elks Ave Zephyr Cove, NV 89448

Estimated Value: $2,825,000 - $3,808,000

5 Beds
3.5 Baths
3,652 Sq Ft
$877/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $3,100,000 $849 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $17,957/month

76 Days on Market

Highlights

  • Beach Front
  • Views of Ski Resort
  • Gated Community
  • Zephyr Cove Elementary School Rated A-
  • Spa
  • Fireplace in Primary Bedroom

About This Home

As of August 2021

This mountain retreat is a rare find in highly sought after gated Elk Point Country Club. Good lakeviews over the HOA open space area and a just a short walk to the HOA sandy beach. This warm and welcoming Tahoe getaway has open trussed ceilings, three separate living areas with granite stone fireplaces or wood burning stoves and wrap around lakeview decks, one with hot tub. HOA amenities include private sandy beach, marina, boat storage and full time caretaker. Short walk to hiking and biking trails., Enter on the main level through a large foyer. A few steps in, you open up to the warm and welcoming great room with open trussed ceiling, a stone fireplace with wood burning stove insert and access to the wrap around lakeview deck. Adjoining is the dining room and spacious kitchen with gas cooktop, double ovens, trash compacter, dishwasher and laundry room with large pantry. The master is located on this level with access to the wrap around deck offering lakeviews. A granite stone wood burning fireplace and master bath complete the master suite. A powder room rounds out the main level. The lower level boasts yet another family room with massive granite stone wood burning fireplace, a woodshop/ski tuning area, two bedrooms, one bathroom and another wrap around deck with hot tub and easy access to the adjoining common area. The top level has two guest bedrooms, a remodeled bathroom and a large family room with pot belly wood stove which opens to a deck with great lake and mountain views. There is a large covered and gated storage area under the carport great for storing kayaks, paddle boards or other large items. Experience the creativity these original owners instilled in the home. Conveniently located near hiking, biking, skiing, golfing, entertainment and shopping.

Last Agent to Sell the Property

Sue Lowe

Chase International - ZC License #B.26719 Listed on: 05/13/2021

Chase International - ZC

Last Buyer's Agent

Jamie Baines

Sierra Sotheby's Int'l. Realty License #S.28473

Sierra Sotheby's Int'l. Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,109

Year Built

  • Built in 1982

Lot Details

  • 7,405 Sq Ft Lot
  • Beach Front
  • Property fronts a private road
  • Lot Sloped Down
  • Property is zoned SF

HOA Fees

  • $469 Monthly HOA Fees

Property Views

  • Ski Resort
  • Mountain

Home Design

  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 3,652 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Wood Burning Stove
  • Free Standing Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Double Pane Windows
  • Blinds
  • Wood Frame Window
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Workshop
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Jetted Tub in Primary Bathroom

Laundry

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

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces

Outdoor Features

  • Spa
  • Lake, Pond or Stream
  • Deck
  • Separate Outdoor Workshop
  • Barbecue Stubbed In

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 131816810038

Community Details

Overview

  • $20,000 HOA Transfer Fee
  • Zephyr Cove Property Association
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions
  • Greenbelt

Amenities

  • Common Area

Recreation

  • Snow Removal

Security

  • Security Service
  • Resident Manager or Management On Site
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,109

Year Built

Built in 1982

Lot Details

0

HOA Fees

$469 per month

Listing Details

  • Year Built: 1982
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Road Frontage Type: Private Road
  • Co List Office Mls Id: 627500027-o
  • Co List Office Phone: 775-588-6130
  • Directions: Elks Point to Elks Street
  • Property Attached Yn: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Additional Refrigerator(s), Dishwasher, Disposal, Double Oven, Dryer, Gas Cooktop, Microwave, Refrigerator, Trash Compactor, Washer
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Free Standing, Insert, Wood Burning Stove
  • Fireplaces: 2
  • Interior Amenities: High Ceilings, Pantry, Primary Downstairs, Walk-In Closet(s)
  • Window Features: Blinds, Double Pane Windows, Wood Frames

Exterior Features

  • Exterior Features: Barbecue Stubbed In
  • Roof: Composition, Pitched, Shingle
  • Stories: 3
  • View: Mountain(s), Ski Resort
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space
  • Other Structures: Workshop
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: Attached

Utilities

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

Schools

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

Lot Info

  • Parcel Number: 131816810038
  • Fencing: None
  • Lot Size Sq Ft: 7405.2
  • Zoning: SF

Tax Info

  • Tax Annual Amount: 5109.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2021
Closed on
Aug 24, 2021
Sold by
Hoyt James C and The R & J Hoyt 1999 Trust
Bought by
Russo Joseph D and Russo Libby J
Seller's Agent
Sue Lowe
Chase International - ZC
Buyer's Agent
Jamie Baines
Sierra Sotheby's Int'l. Realty
List Price
$3,495,000
Sold Price
$3,100,000
Premium/Discount to List
-$395,000
-11.3%
Current Estimated Value
$3,204,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,556
Avg. Annual Appreciation
-3.26%
Source: Public Records

Similar Homes in the area

  • 610 Don Dr, Zephyr Cove, NV 89448

    $2,450,000

    • 6 Beds
    • 4.5 Baths
    • 3,600 Sq Ft
    • 610 Don Dr
    • Zephyr Cove, NV

    Perched in the sought-after Zephyr Heights community, 610 Don Drive offers 6 bedrooms, 4.5 bathrooms, and captivating views of Lake Tahoe and the surrounding Sierra Nevada Mountains. This home is perfectly suited for entertaining or hosting year-round getaways in one of Lake Tahoe's most desirable locations. The main level welcomes you with an open floor plan under a higher than standard wood

    Jennifer McLaughlin Coldwell Banker Select ZC

    Section Image
  • 143 Granite Springs Dr, State Line, NV 89449

    $3,100,000

    • 5 Beds
    • 5.5 Baths
    • 3,830 Sq Ft
    • 143 Granite Springs Dr
    • State Line, NV

    Tucked away in the beautiful Granite Springs neighborhood, this home has it all. The excellent floor plan has main-level living that features soaring ceilings, a sleek gourmet kitchen with high-end appliances and Brazilian granite counters, a handy pantry, a cozy office, a powder room, and a guest bedroom with its own full bath. Head upstairs and you'll find a spacious primary suite with two

    Chris & Brooke Hernandez Compass

    Section Image
  • 1030 Lynn Way, Zephyr Cove, NV 89448

    $3,245,000

    • 5 Beds
    • 6 Baths
    • 4,789 Sq Ft
    • 1030 Lynn Way
    • Zephyr Cove, NV

    Don't Just Buy Real Estate --Invest in Your Lifestyle....Imagine trading air conditioning bills for morning coffee overlooking pristine waters. Replace crowded hiking trails with exclusive mountain access. Transform tax payments into property investments. A place to begin your Lake Tahoe lifestyle is with 1030 Lynn Way, in Skyland at Zephyr Cove. This lakefront community offers access

    Sally Huttenmayer Chase International - ZC

    Section Image
  • 1280 Hidden Woods Dr, Zephyr Cove, NV 89448

    $3,495,000

    • 6 Beds
    • 4.5 Baths
    • 4,496 Sq Ft
    • 1280 Hidden Woods Dr
    • Zephyr Cove, NV

    Welcome to Hidden Woods, one of the most desirable neighborhoods on the East Shore of Nevada. This spacious lakeview mountain-style residence showcases grand open-beam ceilings, 6 bedrooms, 4.5 bathrooms, offering over 4496 sq. ft. of living space, including a wine cellar, theater, sauna, game room and gym. Boasting over 1000 sq. ft. of Redwood decking. There is more than enough room for family

    Star Brooks Chase International - ZC

    Section Image
  • 116 Pray Meadow Rd, Glenbrook, NV 89413

    $3,500,000

    • 4 Beds
    • 3.5 Baths
    • 2,267 Sq Ft
    • 116 Pray Meadow Rd
    • Glenbrook, NV

    Charming Four-Bedroom family retreat in Glenbrook - Bordering the Tranquil China Garden GreenNestled in the heart of sought-after Glenbrook, this beautifully maintained four-bedroom cottage blends timeless charm with modern comforts. Set against the lush backdrop of China Garden Green, this home offers a rare combination of peaceful privacy and vibrant neighborhood living.Inside, the cottage

    Jean Merkelbach Engel & Volkers Lake Tahoe

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Russo Joseph D $3,100,000 First Centennial Ttl Co Of N
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2021 08/27/21 Sold $3,100,000 -8.7% $849 / Sq Ft
07/28/2021 07/28/21 Pending -- -- --
06/21/2021 06/21/21 Price Changed $3,395,000 -2.9% $930 / Sq Ft
05/13/2021 05/13/21 For Sale $3,495,000 -- $957 / 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 $5,768 $422,422 $306,250 $116,172
2024 $5,768 $417,097 $297,500 $119,597
2023 $5,693 $410,227 $297,500 $112,727
2022 $5,424 $365,457 $259,000 $106,457
2021 $5,258 $339,256 $236,250 $103,006
2020 $5,108 $338,513 $236,250 $102,263
2019 $4,936 $283,131 $182,000 $101,131
2018 $4,793 $274,824 $175,000 $99,824
2017 $4,659 $276,399 $175,000 $101,399
2016 $4,563 $279,819 $175,000 $104,819
2015 $4,536 $279,819 $175,000 $104,819
2014 $4,405 $274,257 $175,000 $99,257
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northern Nevada Regional MLS

MLS Number: 210006578

Northern Nevada Regional MLS

APN: 1318-16-810-038