NOT LISTED FOR SALE

561 Fairview Blvd Incline Village, NV 89451

Estimated Value: $5,826,000 - $6,834,000

5 Beds
4.5 Baths
4,684 Sq Ft
$1,337/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $7,000,000 $1,494 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $34,702/month

Highlights

  • Panoramic View
  • 1.04 Acre Lot
  • Wood Flooring
  • Incline High School Rated A-
  • Deck
  • Mountain Architecture

About This Home

As of September 2023

Captivating panoramic lake views from nearly every room! This Luxury Modern Craftsman styled home is situated on a 1.04 acre parcel on the prominent Eastern Slope of Incline Village. Boasting 4,684sf, 5 bedrooms, 4.5 bathrooms, & 2 car garage, this luxurious estate was designed for refined buyers. Upon entering, one is immediately greeted by awe-inspiring vaulted ceilings & floor to ceiling glass perfectly framing views of iconic Lake Tahoe. The upper deck spans the entire back of the home & is perfect for entertaining while sun gazing & is separately accessible from the: kitchen, dining room, and main bedroom, all on the street level. The main bedroom is connected to a spacious chic bathroom with a walk in closet, a freestanding tub, stall shower, TV, & separate his/her vanities with bluetooth mirrors. The middle level consists of family room with a second fp, 3 more bedrooms with access to private balconies, 2 more bathrooms, an office, fitness room, & a three row movie theatre.

Last Agent to Sell the Property

Gregory Ochoa

Mountain Luxury Properties License #B.144619 Listed on: 05/26/2022

Last Buyer's Agent

Jeffrey Corman

LPT Realty License #S.174475

LPT Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,728

Year Built

  • Built in 1975 | Remodeled

Lot Details

  • 1.04 Acre Lot
  • Sloped Lot

Parking

  • 2 Car Garage
  • Garage Door Opener

Property Views

  • Lake
  • Panoramic
  • Woods
  • Mountain

Home Design

  • Mountain Architecture
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 4,684 Sq Ft Home
  • 3-Story Property
  • Furniture Can Be Negotiated
  • Wired For Sound
  • Built-In Features
  • Beamed Ceilings
  • High Ceiling
  • 2 Fireplaces
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Marble Countertops
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • 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
  • Building Fire Alarm

Listing and Financial Details

  • Assessor Parcel Number 131-211-08

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,728

Year Built

Built in 1975 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.04
  • Architectural Style: Mountain
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 1975
  • Attribution Contact: 775-339-1919
  • Special Features: None
  • Stories: 3

Interior Features

  • Furnished: Negotiable
  • Possible Use: Single Family
  • Appliances: Dryer, Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Two
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Beamed Ceilings, Breakfast Bar, Built-in Features, Breakfast Area, Granite Counters, High Ceilings, Kitchen Island, Marble Counters, Main Level Master, Walk-In Closet(s), Wired for Sound
  • Living Area: 4684.0

Exterior Features

  • Lot Features: Sloped
  • Topography: Sloping
  • View: Lake, Mountain(s), Panoramic, Trees/Woods
  • View: Yes
  • Home Warranty: No
  • Construction Type: Frame
  • Exterior Features: Balcony, Deck
  • Patio And Porch Features: Balcony, Deck
  • Property Condition: Updated/Remodeled
  • Roof: Composition

Garage/Parking

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

Utilities

  • Laundry Features: Laundry in Utility Room, Laundry Room
  • Security: Fire Alarm
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 131-211-08
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 20728.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2022
Closed on
Sep 5, 2023
Sold by
Rothstein Family Trust
Bought by
David And Sigalit Caron Revocable Trust and Caron
Seller's Agent
Gregory Ochoa
Mountain Luxury Properties
Buyer's Agent
Jeffrey Corman
LPT Realty
List Price
$9,600,000
Sold Price
$7,000,000
Premium/Discount to List
-$2,600,000
-27.08%
Views
181
Current Estimated Value
$6,263,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$736,822
Avg. Annual Appreciation
-5.09%
Original Mortgage
$2,000,000
Outstanding Balance
$1,956,376
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$4,306,802

Purchase Details

Listed on
Jul 27, 2020
Closed on
Oct 30, 2020
Sold by
Wiegand Andrew and The Mmj Legacy Trust
Bought by
Rothstein Ronald and Rothstein Rebecca S
Seller's Agent
Emy Gurowitz
Coldwell Banker Select
Buyer's Agent
Trevor Smith
Coldwell Banker Select
List Price
$4,900,000
Sold Price
$4,000,000
Premium/Discount to List
-$900,000
-18.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.12%
Original Mortgage
$2,800,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2011
Sold by
Welling Brent C and Welling Vicki L
Bought by
Mmj Legacy Trust

Purchase Details

Closed on
Sep 14, 2006
Sold by
Welling Brent C and Welling Viki L
Bought by
Welling Brent C and Welling Viki L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
6.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2000
Sold by
Boyd Eugene E
Bought by
Welling Brent C and Welling Viki L

Purchase Details

Closed on
Oct 21, 1998
Sold by
Boyd Eugene E
Bought by
Boyd Eugene E and Eugene E Boyd Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.75%

Purchase Details

Closed on
Oct 19, 1998
Sold by
Perich Michael L and Perich Paula J
Bought by
Boyd Eugene E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.75%

Purchase Details

Closed on
Oct 14, 1998
Sold by
Boyd Dorothy A
Bought by
Boyd Eugene E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.75%

Purchase Details

Closed on
Jun 30, 1997
Sold by
Perich Michael L and Perich Paula J
Bought by
Perich Michael L and Perich Paula J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,000
Interest Rate
7.92%

Purchase Details

Closed on
Jun 28, 1997
Sold by
Perich Michael L and Perich Paula J
Bought by
Perich Michael L and Perich Paula J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,000
Interest Rate
7.92%

Purchase Details

Closed on
Dec 13, 1993
Sold by
Perich Michael L and Perich Paula J
Bought by
Perich Michael L and Perich Paula J
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
David And Sigalit Caron Revocable Trust $7,000,000 Ticor Title
Rothstein Ronald $4,000,000 First American Title Iv
Mmj Legacy Trust -- None Available
Welling Brent C -- United General Title Ins Co
Welling Brent C -- Marquis Title
Welling Brent C $3,375,000 Inter County Title Co
Boyd Eugene E -- First American Title Co
Boyd Eugene E $2,117,000 First American Title Co
Boyd Eugene E -- First American Title Co
Perich Michael L -- --
Perich Michael L -- First Centennial Title Co
Perich Michael L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open David And Sigalit Caron Revocable Trust $2,000,000
Previous Owner Rothstein Ronald $2,800,000
Previous Owner Welling Brent C $765,000
Previous Owner Boyd Eugene E $1,000,000
Previous Owner Perich Michael L $397,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/08/2023 09/08/23 Sold $7,000,000 0.0% $1,494 / Sq Ft
04/25/2023 04/25/23 Price Changed $6,999,000 -27.1% $1,494 / Sq Ft
05/26/2022 05/26/22 For Sale $9,600,000 +140.0% $2,050 / Sq Ft
11/20/2020 11/20/20 Sold $4,000,000 -18.4% $854 / Sq Ft View Prior Sale
10/21/2020 10/21/20 Pending -- -- --
07/27/2020 07/27/20 For Sale $4,900,000 -- $1,046 / 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 $22,247 $852,429 $535,500 $316,929
2024 $22,247 $828,196 $505,750 $322,446
2023 $0 $754,517 $446,250 $308,267
2022 $21,326 $662,901 $386,750 $276,151
2021 $20,728 $597,376 $327,250 $270,126
2020 $20,195 $566,649 $297,500 $269,149
2019 $19,631 $569,711 $297,500 $272,211
2018 $19,084 $547,438 $267,750 $279,688
2017 $18,552 $535,552 $252,875 $282,677
2016 $18,103 $501,005 $220,150 $280,855
2015 $18,325 $509,668 $220,150 $289,518
2014 $17,815 $493,034 $220,150 $272,884
2013 -- $500,214 $220,150 $280,064
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Incline Village REALTORS®

MLS Number: 1011273

Incline Village REALTORS®

APN: 131-211-08