NOT LISTED FOR SALE

507 Driver Way Incline Village, NV 89451

Estimated Value: $5,877,000 - $7,073,332

5 Beds
6.5 Baths
4,976 Sq Ft
$1,307/Sq Ft Est. Value

Last Sold May 04, 2018

Last sale price $2,860,000 $575 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $35,890/month

Highlights

  • Wine Cellar
  • Panoramic View
  • Deck
  • Incline High School Rated A-
  • 4.5 Acre Lot
  • Cathedral Ceiling

About This Home

As of May 2018

Panoramic Lakeview home situated on one of the rare 4.5 acre parcels in Incline Village. Master suite with sitting area and two bathrooms. Open kitchen with dining area, gas stove, top of the line appliances. Open living & dining room, catherdral beamed ceilings with skylights, fabulous hardwood floors throughout and 2 stunning stone fireplaces. Walls of windows, oversized decks make for perfect outdoor living while soaking up the views of Lake Tahoe.

Last Agent to Sell the Property

Chris Plastiras

Lakeshore Realty License #B.4440 Listed on: 07/26/2016

Last Buyer's Agent

Jenna Rose Madrid

Lakeshore Realty License #BS.145777

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,652

Year Built

  • Built in 1978

Lot Details

  • 4.5 Acre Lot
  • Fenced
  • Landscaped
  • Sloped Lot
  • Irrigation
  • Zoning described as Single Family Residential

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Panoramic
  • Woods
  • Mountain

Home Design

  • Pitched Roof
  • Composition Roof

Interior Spaces

  • 4,976 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Skylights
  • 2 Fireplaces
  • Wine Cellar
  • Home Security System

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Gas
  • Hot Water Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 131-225-21

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,652

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 4.5
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1978
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Possible Use: Single Family
  • Appliances: Dryer, Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Two
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Beamed Ceilings, Wet Bar, Cathedral Ceiling(s), Skylights, Wine Cellar
  • Living Area: 4976.0
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Topography: Sloping
  • View: Lake, Mountain(s), Panoramic, Trees/Woods
  • View: Yes
  • Home Warranty: No
  • Exterior Features: Deck, Fence, Sprinkler/Irrigation, Landscaping
  • Patio And Porch Features: Deck
  • Roof: Composition, Pitched

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Two Car Garage

Utilities

  • Security: Security System
  • Heating: Gas, Hot Water
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Development Status: Resale/Previously Owned
  • Parcel #: 131-225-21
  • Zoning Description: Single Family Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 17652.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2016
Closed on
Apr 17, 2018
Sold by
Hanna Maritza A and Hanna Andrew S
Bought by
Chew Donna and Chen Bryan
Seller's Agent
Chris Plastiras
Lakeshore Realty
Buyer's Agent
Jenna Rose Madrid
Lakeshore Realty
List Price
$3,700,000
Sold Price
$2,860,000
Premium/Discount to List
-$840,000
-22.7%
Current Estimated Value
$6,501,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,641,777
Avg. Annual Appreciation
11.59%
Original Mortgage
$2,000,000
Outstanding Balance
$1,720,366
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$4,781,411
Source: Public Records

Range of Values:

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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
Chew Donna $2,860,000 Reliant Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chew Donna $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2018 05/04/18 Sold $2,860,000 -22.7% $575 / Sq Ft
04/04/2018 04/04/18 Pending -- -- --
07/26/2016 07/26/16 For Sale $3,700,000 -- $744 / Sq Ft
Source: Incline Village REALTORS®

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 $21,497 $855,464 $598,500 $256,964
2024 $21,497 $829,326 $565,250 $264,076
2023 $20,890 $753,400 $498,750 $254,650
2022 $20,620 $661,943 $432,250 $229,693
2021 $20,042 $594,589 $365,750 $228,839
2020 $19,529 $561,713 $332,500 $229,213
2019 $18,984 $556,553 $332,500 $224,053
2018 $18,661 $530,693 $299,250 $231,443
2017 $17,942 $516,139 $282,625 $233,514
2016 $17,509 $483,769 $246,050 $237,719
2015 $13,064 $488,626 $246,050 $242,576
2014 $17,130 $473,148 $246,050 $227,098
2013 -- $479,533 $246,050 $233,483
Source: Public Records

Agents Affiliated with this Home

  • Chris Plastiras

    Seller's Agent in 2018

    Chris Plastiras

    Lakeshore Realty

    (775) 831-7000

    55 in this area

    60 Total Sales

    Chris Plastiras
    Section Image
  • Jenna Rose Madrid

    Buyer's Agent in 2018

    Jenna Rose Madrid

    Lakeshore Realty

    (775) 846-3856

    36 in this area

    44 Total Sales

    Jenna Rose Madrid
    Section Image
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Map

Source: Incline Village REALTORS®

MLS Number: 943539

Incline Village REALTORS®

APN: 131-225-21

Nevada Washoe County Incline Village 89451

507 Driver Way, Incline Village, NV

This home is located at 507 Driver Way, Incline Village, NV 89451 since 26 July 2016 and is currently estimated at $6,501,777, approximately $1,306 per square foot. This property was built in 1978. 507 Driver Way is a home located in Washoe County with nearby schools including Incline Elementary School, Incline Middle School, and Incline High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Incline Village REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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