NOT LISTED FOR SALE

487 Laurel Ln State Line, NV 89449

Estimated Value: $1,656,000 - $1,908,000

4 Beds
3.5 Baths
2,150 Sq Ft
$819/Sq Ft Est. Value

Last Sold July 17, 2015

Last sale price $745,000 $347 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $10,353/month

293 Days on Market

Highlights

  • View of Trees or Woods
  • Property is near a forest
  • 1 Fireplace
  • Zephyr Cove Elementary School Rated A-
  • Wooded Lot
  • No HOA

About This Home

As of July 2015

This brand new gorgeous 2,150 sq. ft. mountain home, conveniently located in the middle of Kingsbury Grade has just been completed. Features include an open "great room" design with high ceilings and a beautiful rock fireplace. The kitchen features a large breakfast bar and a walk in pantry. The hardwood floors set the stage for casual "Tahoe" living. Adjacent to $1mil+ brand new home., This home would be a great vacation rental, located half way between Heavenly and the casinos. Very close to the Tahoe Rim Trail and a network of awesome hiking and biking trails.

Last Agent to Sell the Property

Thane McCall

Mountain Luxury Properties License #BS.4684 Listed on: 08/22/2014

Last Buyer's Agent

Carolyn Goff

Coldwell Banker Select ZC License #BS.17242

Coldwell Banker Select ZC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $809

Year Built

  • Built in 2015

Lot Details

  • 0.45 Acre Lot
  • Lot Sloped Down
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Tuck Under Parking

Property Views

  • Woods
  • Mountain

Home Design

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

Interior Spaces

  • 2,150 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Double Pane Windows
  • Aluminum Window Frames
  • Open Floorplan
  • Carpet
  • Crawl Space
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Primary Bathroom includes a Walk-In Shower

Location

  • Property is near a forest

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
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 13182431103

Home Details

Home Type

Single Family

Est. Annual Taxes

$809

Year Built

Built in 2015

Lot Details

0

Parking

2

Listing Details

  • Year Built: 2015
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Road Frontage Type: Other
  • Co List Office Mls Id: 627501413-o
  • Directions: Sr 207 > Highlands > Left on Laurel
  • Property Attached Yn: No
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Interior Amenities: Walk-In Closet(s)
  • Window Features: Double Pane Windows, Metal Frames

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Pitched, Shingle
  • Stories: 2
  • View: Mountain(s), Trees/Woods
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Under Building

Utilities

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

Schools

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

Lot Info

  • Parcel Number: 13182431103
  • Fencing: None
  • Lot Size Sq Ft: 19602.0
  • Zoning: SFR

Tax Info

  • Tax Annual Amount: 808.93

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2021
Sold by
Petersen Gary J and Petersen Deborah
Bought by
Petersen Gary J and Petersen Deborah
Total Days on Market
293
Current Estimated Value
$1,761,203

Purchase Details

Closed on
Apr 29, 2021
Sold by
Petersen Gary J and Petersen Deborah
Bought by
Petersen Gary J and Petersen Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2016
Sold by
Petersen Gary Joseph
Bought by
Rose Glenview Laurel 2016 Trust and Petersen Deborah

Purchase Details

Listed on
Aug 22, 2014
Closed on
Jul 7, 2015
Sold by
Eberlin Ray and Eberlin Karen
Bought by
Petersen Gary Joseph and Petersen Deborah
Seller's Agent
Thane McCall
Mountain Luxury Properties
Buyer's Agent
Carolyn Goff
Coldwell Banker Select ZC
List Price
$775,000
Sold Price
$745,000
Premium/Discount to List
-$30,000
-3.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.03%
Original Mortgage
$225,000
Interest Rate
3.85%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 10, 2010
Sold by
Eberlin Ray and Eberlin Karen
Bought by
Eberlin Ray and Eberlin Karen

Purchase Details

Closed on
May 10, 2010
Sold by
Folstad Eric
Bought by
Eberlin Ray and Eberlin Karen

Purchase Details

Closed on
Feb 24, 2006
Sold by
Eberlin Ray and Eberlin Karen
Bought by
Folstad Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.35%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 20, 2005
Sold by
Courville Deborah Shawn
Bought by
Courville Christopher

Purchase Details

Closed on
Oct 7, 2005
Sold by
Courville Christopher
Bought by
Eberlin Ray and Eberlin Karen
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
Petersen Gary J $200,000 Priority Title & Escrow
Petersen Gary J -- None Available
Rose Glenview Laurel 2016 Trust -- None Available
Petersen Gary Joseph -- None Available
Petersen Gary Joseph $745,000 First Centennial Reno
Eberlin Ray -- Stewart Title Of Nevada
Eberlin Ray $245,495 Stewart Title Of Nevada
Folstad Eric $300,000 Stewart Title Of Douglas
Courville Christopher -- Stewart Title Of Douglas
Eberlin Ray $242,000 Stewart Title Of Douglas Cou
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rose Glenview Laurel 2016 Trus $250,000
Previous Owner Petersen Gary J $200,000
Previous Owner Petersen Gary Joseph $225,000
Previous Owner Folstad Eric $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2015 07/17/15 Sold $745,000 -3.9% $347 / Sq Ft
06/11/2015 06/11/15 Pending -- -- --
08/22/2014 08/22/14 For Sale $775,000 -- $360 / 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 $6,957 $289,868 $105,000 $184,868
2024 $6,783 $290,141 $105,000 $185,141
2023 $6,783 $275,403 $105,000 $170,403
2022 $6,549 $254,754 $96,250 $158,504
2021 $6,355 $241,243 $91,000 $150,243
2020 $6,170 $237,597 $91,000 $146,597
2019 $5,992 $234,303 $91,000 $143,303
2018 $5,817 $226,121 $87,500 $138,621
2017 $5,652 $225,922 $87,500 $138,422
2016 $5,512 $217,709 $78,750 $138,959
2015 $5,495 $217,709 $78,750 $138,959
2014 $912 $78,750 $78,750 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 140011735

Northern Nevada Regional MLS

APN: 1318-24-311-003