NOT LISTED FOR SALE

550 Fairview Blvd Incline Village, NV 89451

Estimated Value: $6,253,000 - $7,231,280

5 Beds
5.5 Baths
6,746 Sq Ft
$991/Sq Ft Est. Value

Last Sold May 21, 2014

Last sale price $3,800,000 $563 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $38,422/month

Highlights

  • Wine Cellar
  • Panoramic View
  • Cathedral Ceiling
  • Incline High School Rated A-
  • 1.34 Acre Lot
  • Wood Flooring

About This Home

As of May 2014

With its sweeping views of Lake Tahoe, 550 Fairview offers one of the region's best combinations of modern-mountain design and stunning scenery in a private, yet spacious location. The complete remodel is now finished. The property's spacious 1.34 acre lot is emphasized by neighboring National Forest land. With oversized windows and decks throughout, relish the panoramic lake, sunset, and mountain views.

Last Agent to Sell the Property

Bill Dietz

Tahoe Luxury Properties License #B.27100 Listed on: 09/20/2013

Last Buyer's Agent

Andrew Hamilton

Realty Of Incline Village License #B.33517

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,961

Year Built

  • Built in 1991 | Remodeled

Lot Details

  • 1.34 Acre Lot
  • Landscaped
  • Sloped Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Lake
  • Panoramic

Home Design

  • Metal Roof

Interior Spaces

  • 6,746 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Cathedral Ceiling
  • Skylights
  • 4 Fireplaces
  • Mud Room
  • Wine Cellar
  • Smart Home

Kitchen

  • Walk-In Pantry
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Slate Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Steam Shower

Utilities

  • Hot Water Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 126-231-04

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,961

Year Built

Built in 1991 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.34
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 1991
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Furnished: Unfurnished
  • Possible Use: Single Family
  • Appliances: Dishwasher, Disposal, Gas Range, Refrigerator
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Multiple
  • Fireplaces: 4
  • Fireplace: Yes
  • Flooring: Hardwood, Partially Carpeted, Slate
  • Interior Amenities: Wet Bar, Cathedral Ceiling(s), Elevator, Smart Home, Skylights, Steam Shower, Wine Cellar, Mud Room, Walk-In Pantry
  • Living Area: 6746.0
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Topography: Sloping
  • View: Lake, Panoramic
  • View: Yes
  • Home Warranty: Yes
  • Exterior Features: Landscaping
  • Property Condition: Updated/Remodeled
  • Roof: Metal

Garage/Parking

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

Utilities

  • Heating: Hot Water
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 126-231-04
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 24961.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2024
Sold by
Serenity Trust and Knister Michael J
Bought by
Serenity Trust and Knister
Current Estimated Value
$6,685,093

Purchase Details

Listed on
Sep 20, 2013
Closed on
Apr 25, 2014
Sold by
Pmp Investment Llc
Bought by
Serenity Trust
Seller's Agent
Bill Dietz
Tahoe Luxury Properties
Buyer's Agent
Andrew Hamilton
Realty Of Incline Village
List Price
$3,850,000
Sold Price
$3,800,000
Premium/Discount to List
-$50,000
-1.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.06%

Purchase Details

Closed on
Nov 19, 2012
Sold by
Colby Paul
Bought by
Pmp Investments Llc

Purchase Details

Listed on
Aug 24, 2011
Closed on
Aug 16, 2012
Sold by
Colby Susan
Bought by
Colby Paul
Seller's Agent
Lexi Cerretti
Compass
List Price
$2,195,000
Sold Price
$1,570,000
Premium/Discount to List
-$625,000
-28.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.60%
Original Mortgage
$785,000
Interest Rate
3.56%
Mortgage Type
Unknown

Purchase Details

Listed on
Aug 24, 2011
Closed on
Jul 30, 2012
Sold by
Dekker Jason
Bought by
Colby Paul
Seller's Agent
Lexi Cerretti
Compass
List Price
$2,195,000
Sold Price
$1,570,000
Premium/Discount to List
-$625,000
-28.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$785,000
Interest Rate
3.56%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 17, 2000
Sold by
Miller Research Inc
Bought by
Dekker Jason
Source: Public Records

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
Serenity Trust -- None Listed On Document
Serenity Trust -- None Listed On Document
Serenity Trust $38,000 First American Title Iv
Pmp Investments Llc -- None Available
Colby Paul -- First American Title Iv
Colby Paul $1,570,000 First American Title Iv
Dekker Jason $1,800,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Colby Paul $785,000
Previous Owner Colby Paul $785,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/21/2014 05/21/14 Sold $3,800,000 -1.3% $563 / Sq Ft
04/21/2014 04/21/14 Pending -- -- --
09/20/2013 09/20/13 For Sale $3,850,000 +145.2% $571 / Sq Ft
08/20/2012 08/20/12 Sold $1,570,000 -28.5% $233 / Sq Ft View Prior Sale
07/21/2012 07/21/12 Pending -- -- --
08/24/2011 08/24/11 For Sale $2,195,000 -- $325 / 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 $40,331 $1,422,085 $551,250 $870,835
2024 $40,331 $1,397,877 $520,625 $877,252
2023 $39,175 $1,291,842 $459,375 $832,467
2022 $38,373 $1,132,621 $398,125 $734,496
2021 $37,278 $1,058,753 $336,875 $721,878
2020 $36,263 $1,018,387 $306,250 $712,137
2019 $35,865 $1,013,747 $306,250 $707,497
2018 $35,050 $993,754 $275,625 $718,129
2017 $34,053 $975,841 $260,313 $715,528
2016 $33,211 $952,896 $226,625 $726,271
2015 $33,146 $957,377 $226,625 $730,752
2014 $31,779 $898,380 $226,625 $671,755
2013 -- $514,522 $226,625 $287,897
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Incline Village REALTORS®

MLS Number: 941523

Incline Village REALTORS®

APN: 126-231-04