NOT LISTED FOR SALE

486 Mcfaul Way Zephyr Cove, NV 89448

Estimated Value: $1,152,640 - $1,513,000

6 Beds
4 Baths
2,400 Sq Ft
$529/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $835,000 $348 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $7,089/month

31 Days on Market

Highlights

  • Double Pane Windows
  • Patio
  • Programmable Thermostat
  • Zephyr Cove Elementary School Rated A-
  • Ceramic Tile Flooring
  • Landscaped

About This Home

As of September 2018

Rebuilt in 2018 from top to bottom, this Tahoe duplex is the opportunity you have been waiting for: live in half of the duplex and earn income on the other half, or rent both units. The two dwellings are mirror flip floorplans with identical finishes. The "owner's" unit backs to open space and has an attached one-car garage, while the "renter's" unit faces common area and has a detached one-car garage. Both units feature open floorplans, custom knotty alder cabinets, slab granite counters, stainless steel

Last Listed By

Todd Disbrow

Engel & Völkers Lake Tahoe License #BS.0145280 Listed on: 08/01/2018

Engel & Völkers Lake Tahoe

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,782

Year Built

  • Built in 1966

Lot Details

  • 5,663 Sq Ft Lot
  • Landscaped

Home Design

  • Wood Frame Construction
  • Pitched Roof
  • Composition Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Drapes & Rods
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry in Hall

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal
  • Instant Hot Water

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Parking

  • 4 Car Garage
  • 2 Parking Spaces Included
  • Parking Available
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Cooling System Utilizes Natural Gas
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Separate Meters
  • Separate Water Meter
  • Electric Water Heater
  • Internet Available

Community Details

  • 2 Units
  • 486 Mcfaul Community

Listing and Financial Details

  • Assessor Parcel Number 131815702004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,782

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Type Of Property: Duplex, Triplex, 4-Plex
  • Extended Remarks: gas appliances, zero clearance gas fireplaces, full electrical rewire, all new plumbing, tankless water heaters, new HVAC and fire sprinkler system. Residents enjoy a short walk to the grocery store, shops, restaurants and excellent beach access at Round Hill Pines Beach. Make your Tahoe dreams a reality with this affordable investment property.
  • Lvt Date: 08/02/2018
  • Year Built: 1966
  • Access Type: Public
  • Xstreet Directions: Head East on Elks Point, left on Mcfaul.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal, Dishwasher, Microwave, Oven/Range, Refrigerator
  • Water Heater: Electric
  • Flooring: Ceramic Tile, Carpet, Laminate
  • Price Per Sq Ft: 347.92
  • Sold Price Per Sq Ft: 347.92
  • Source Of Sq Ft: Assessor
  • Gross Sq Ft: 2400

Exterior Features

  • Windows: Double Pane
  • Construction: Wood Frame
  • Exterior: Wood Siding
  • Foundation: Concrete/Crawl Space
  • Landscaped: Partially Landscaped
  • Roof: Composition/Shingle, Pitched
  • Stories: 2 Story

Garage/Parking

  • Total Parking Capacity: 4
  • Parking Capacity Per Unit: 2
  • Parking Types: Attached, Garage

Utilities

  • Heating Cooling: Natural Gas, Forced Air, Programmable Thermostat
  • Internet: Yes
  • Utilities: City/County Water, City Sewer, Electricity, Natural Gas, Internet Available, Cellular Coverage Avail
  • Facility Features: Separate Heating/Cooling, Separate Meters-Electric, Separated Meters-Gas, Separate Meters-Water, Separate Water Heaters
  • Individually Metered: Yes
  • Laundry: Hall

Condo/Co-op/Association

  • Complex Name: 486 Mcfaul

Lot Info

  • Acreage: 0.13
  • Parcel Number: 131815702004
  • Zoning Actual: Duplex

Green Features

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

Tax Info

  • Taxes Dollar: 3781.87

Multi Family

  • Number Units: 2
  • Unit Features: Drapes/Curtains, Fire Sprinklers, Garage Door Opener, Patio/Deck, Smoke Detector

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2020
Sold by
Aynedter Karl L and Aynedter Kim E
Bought by
Grossman Stephen and Grossman Irene
Total Days on Market
31
Current Estimated Value
$1,203,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$653,550
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 1, 2018
Closed on
Sep 26, 2018
Sold by
Snet 2 Llc
Bought by
Aynedter Karl L and Aynedter Kim E
Seller's Agent
Todd Disbrow
Engel & Völkers Lake Tahoe
Buyer's Agent
Craig Zager
Coldwell Banker Select ZC
List Price
$848,000
Sold Price
$835,000
Premium/Discount to List
-$13,000
-1.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.54%

Purchase Details

Closed on
Jun 7, 2017
Sold by
Dahliheim Diane K
Bought by
Snet 2 Llc

Purchase Details

Closed on
Mar 27, 2010
Sold by
Morey Dorothy M
Bought by
Dahlheim Diane K and Dorothy M Morey Trust

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
Grossman Stephen $969,000 First Centennial Reno
Aynedter Karl L $835,000 First Centennial Reno
Snet 2 Llc $100,000 First American Title Minden
Dahlheim Diane K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grossman Stephen $653,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2018 09/28/18 Sold $835,000 -1.5% $348 / Sq Ft
09/01/2018 09/01/18 Pending -- -- --
08/17/2018 08/17/18 For Sale $848,000 0.0% $353 / Sq Ft
08/14/2018 08/14/18 Pending -- -- --
08/01/2018 08/01/18 For Sale $848,000 -- $353 / 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 $4,995 $145,756 $77,000 $68,756
2024 $4,626 $148,782 $77,000 $71,782
2023 $4,626 $137,409 $77,000 $60,409
2022 $4,338 $128,848 $70,000 $58,848
2021 $4,073 $120,498 $63,700 $56,798
2020 $4,014 $119,870 $63,700 $56,170
2019 $3,879 $119,589 $63,700 $55,889
2018 $3,702 $115,781 $61,250 $54,531
2017 $1,830 $56,000 $56,000 $0
2016 $2,045 $80,691 $56,000 $24,691
2015 $2,041 $80,691 $56,000 $24,691
2014 $2,194 $79,730 $56,000 $23,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 180011358

Northern Nevada Regional MLS

APN: 1318-15-702-004