NOT LISTED FOR SALE

538 Cole Cir Incline Village, NV 89451

Estimated Value: $1,979,000 - $2,907,957

5 Beds
3 Baths
3,598 Sq Ft
$673/Sq Ft Est. Value

Last Sold July 16, 2018

Last sale price $999,000 $278 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $13,788/month

21 Days on Market

Highlights

  • Solar Heated Spa
  • Lake View
  • Family Room with Fireplace
  • Incline High School Rated A-
  • Deck
  • Adjacent to Greenbelt

About This Home

As of July 2018

BEST BUY LAKE TAHOE LAKE VIEW. SOUTHERN EXPOSURE INCLINE VILLAGE - LAKE TAHOE HOME. LOCATED ON QUIET CUL-DE-SAC -- NESTLED IN THE PINES. UPGRADES INCLUDE AIR-CONDITIONING, BUILT-IN HUMIDIFIER TO PRESERVE WOOD THROUGHOUT. TOP-OF-THE-LINE KITCHEN APPLIANCES. GAS HEAT. TWO FIREPLACES. WRAP-AROUND DECK TO ENJOY GORGEOUS LAKE VIEWS. CALL FOR DETAILS!!!

Last Agent to Sell the Property

Andrew Hamilton

Realty Of Incline Village License #B.33517 Listed on: 05/25/2018

Last Buyer's Agent

Christopher McCabe

Compass License #S.182172

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,327

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • 0.46 Acre Lot
  • Adjacent to Greenbelt
  • Cul-De-Sac
  • Dog Run
  • Sloped Lot

Parking

  • 2 Car Garage
  • Garage Door Opener

Property Views

  • Lake
  • Mountain

Home Design

  • Pitched Roof

Interior Spaces

  • 3,598 Sq Ft Home
  • Cathedral Ceiling
  • Recessed Lighting
  • Mud Room
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Loft
  • Workshop
  • Carpet
  • Home Security System

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Solar Heated Spa
  • Balcony
  • Deck

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 122-135-14

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,327

Year Built

Built in 1980 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.46
  • Garage Yn: Yes
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: Single Family
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Gas Oven, Gas Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Two, Family Room, Living Room
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet
  • Interior Amenities: Cathedral Ceiling(s), In-Law Floorplan, Recessed Lighting, Loft, Mud Room, Workshop
  • Living Area: 3598.0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features: Cul-De-Sac, Backs to Greenbelt/Park
  • Topography: Sloping
  • View: Lake, Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Exterior Features: Balcony, Deck, Dog Run
  • Patio And Porch Features: Balcony, Deck
  • Property Condition: Updated/Remodeled
  • Roof: Pitched

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Two Car Garage, Garage Door Opener

Utilities

  • Security: Security System
  • Cooling: Central Air, Wall/Window Unit(s), 1 Unit
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 122-135-14
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6327.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2018
Closed on
Jul 7, 2018
Sold by
Virk Kanwardeep S and Ostapchuk Alla I
Bought by
Peartc E Stephen and Pearce Kathrine
Seller's Agent
Andrew Hamilton
Realty Of Incline Village
Buyer's Agent
Christopher McCabe
Compass
List Price
$999,000
Sold Price
$999,000
Current Estimated Value
$2,423,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,424,239
Avg. Annual Appreciation
13.33%
Original Mortgage
$788,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 3, 2017
Sold by
Virk Kanwardeep S
Bought by
Virk Kanwardeep S and Ostapchuk Alla I

Purchase Details

Listed on
Nov 25, 2014
Closed on
Oct 20, 2014
Sold by
Knister Michael J and Knister Padmasri S
Bought by
Virk Kanwardeep S
Seller's Agent
Andrew Hamilton
Realty Of Incline Village
Buyer's Agent
Andrew Hamilton
Realty Of Incline Village
List Price
$650,000
Sold Price
$575,000
Premium/Discount to List
-$75,000
-11.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.38%

Purchase Details

Listed on
Nov 25, 2014
Closed on
Oct 15, 2014
Sold by
Kutuzova Yulia
Bought by
Virk Kanwardeep S
Seller's Agent
Andrew Hamilton
Realty Of Incline Village
Buyer's Agent
Andrew Hamilton
Realty Of Incline Village
List Price
$650,000
Sold Price
$575,000
Premium/Discount to List
-$75,000
-11.54%

Purchase Details

Closed on
Apr 8, 2014
Sold by
Knister Michael J and Knister Padmasri S
Bought by
Knister Michael J and Knister Padmasri S

Purchase Details

Closed on
Mar 3, 2003
Sold by
Knister Padmasri S and Pammidimukkala Padmasri S
Bought by
Knister Michael J and Knister Padmasri S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
5.54%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 8, 1997
Sold by
Kellom Arthur Wallace and Kellom Lily Hyogo
Bought by
Knister Michael and Pammidimukkala Padmasri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
7.34%
Source: Public Records

Range of Values:

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Average Value
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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
Peartc E Stephen $999,000 First Centennial Reno
Virk Kanwardeep S -- None Available
Virk Kanwardeep S $575,000 First American Title Iv
Virk Kanwardeep S -- First American Title Iv
Knister Michael J -- None Available
Knister Michael J -- Stewart Title Of Northern Nv
Knister Michael $465,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pearce Stephen $548,250
Closed Peartc E Stephen $788,000
Previous Owner Virk Kanwardeep S $485,000
Previous Owner Knister Michael J $240,000
Previous Owner Knister Michael J $330,000
Previous Owner Knister Michael J $152,000
Previous Owner Knister Michael J $356,000
Previous Owner Knister Michael $372,000
Closed Knister Michael $46,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2018 07/16/18 Sold $999,000 0.0% $278 / Sq Ft
06/16/2018 06/16/18 Pending -- -- --
05/25/2018 05/25/18 For Sale $999,000 +73.7% $278 / Sq Ft
12/01/2014 12/01/14 Sold $575,000 -11.5% $160 / Sq Ft
11/25/2014 11/25/14 For Sale $650,000 -- $180 / 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 $7,325 $285,779 $212,625 $73,154
2024 $7,131 $264,466 $189,000 $75,466
2023 $7,131 $238,291 $165,375 $72,916
2022 $7,262 $195,256 $129,938 $65,318
2021 $7,073 $181,272 $115,763 $65,509
2020 $6,938 $179,598 $113,400 $66,198
2019 $6,760 $172,632 $106,313 $66,319
2018 $6,488 $163,923 $98,438 $65,485
2017 $6,469 $170,182 $98,438 $71,744
2016 $6,327 $161,513 $87,500 $74,013
2015 $6,315 $158,711 $87,500 $71,211
2014 $6,358 $160,460 $87,500 $72,960
2013 -- $180,051 $109,375 $70,676
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Incline Village REALTORS®

MLS Number: 1004241

Incline Village REALTORS®

APN: 122-135-14