NOT LISTED FOR SALE

583 Fallen Leaf Way Incline Village, NV 89451

Estimated Value: $1,837,000 - $3,025,000

4 Beds
3.5 Baths
3,510 Sq Ft
$649/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $1,482,070 $422 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $12,952/month

Highlights

  • Lake View
  • No HOA
  • Hot Water Heating System
  • Incline High School Rated A-
  • Workshop
  • 2 Car Garage

About This Home

As of September 2018

Lakeview home with level access and no steps to front door. South facing and large lot with exceptional privacy behind. Wrap around decks on two levels. Nice lake views through the trees. Across the street from NV State Lands. Also has large finished workshop area and easy walk-out access to back yard. Open beamed living area and a wood burning Xtordinaire fireplace. Large game room/family room with wet bar on lower level, ideal for a large family.

Last Agent to Sell the Property

Trevor Smith

Coldwell Banker Select License #BS.33753 Listed on: 06/16/2015

Coldwell Banker Select

Last Buyer's Agent

Trevor Smith

Coldwell Banker Select License #BS.33753 Listed on: 06/16/2015

Coldwell Banker Select

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,226

Year Built

  • Built in 1976

Lot Details

  • 0.39 Acre Lot
  • Sloped Lot
  • Zoning described as Single Family Residential

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Composition Roof

Interior Spaces

  • 3,510 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Workshop
  • Partially Carpeted
  • Lake Views

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Hot Water Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 125-523-06

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,226

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.39
  • Architectural Style: Other
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1976
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Partially
  • Possible Use: Single Family
  • Appliances: Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: One, Living Room, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Partially Carpeted
  • Interior Amenities: Main Level Master, Workshop
  • Living Area: 3510.0
  • Main Level Bedrooms: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Topography: Sloping
  • View: Lake
  • View: Yes
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Two Car Garage, Garage Door Opener

Utilities

  • Heating: Hot Water
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Development Status: Resale/Previously Owned
  • Parcel #: 125-523-06
  • Zoning Description: Single Family Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8226.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2015
Closed on
Sep 25, 2018
Sold by
Neustadt Jeffrey
Bought by
Neustadt Jeffrey E and Jeffrey E Neustadt Separate Trust
Seller's Agent
Trevor Smith
Coldwell Banker Select
Buyer's Agent
Trevor Smith
Coldwell Banker Select
List Price
$1,900,000
Sold Price
$1,482,070
Premium/Discount to List
-$417,930
-22%
Current Estimated Value
$2,279,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$797,157
Avg. Annual Appreciation
6.32%
Original Mortgage
$1,050,417
Outstanding Balance
$943,169
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,336,058

Purchase Details

Listed on
Jun 16, 2015
Closed on
Aug 27, 2018
Sold by
Lusk John Burrell
Bought by
Neustadt Jeffrey
Seller's Agent
Trevor Smith
Coldwell Banker Select
Buyer's Agent
Trevor Smith
Coldwell Banker Select
List Price
$1,900,000
Sold Price
$1,482,070
Premium/Discount to List
-$417,930
-22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,417
Outstanding Balance
$943,169
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,336,058

Purchase Details

Closed on
May 2, 2017
Sold by
Lusk John Burrell and Lusk John B
Bought by
Lusk John Burrell and The Lusk Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 22, 2008
Sold by
Lusk John B and Lusk Susan J
Bought by
Lusk John B and Jenson Susan E

Purchase Details

Closed on
Jul 23, 2002
Sold by
Lusk John B and Lusk Susan J
Bought by
Lusk John B and Lusk Susan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.6%

Purchase Details

Closed on
Jan 18, 2000
Sold by
Lusk John B and Jenson Susan E
Bought by
Lusk John B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
7.83%

Purchase Details

Closed on
Dec 16, 1999
Sold by
Jentz Jon
Bought by
Lusk John B and Jenson Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
7.83%
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
Neustadt Jeffrey E -- Reliant Title
Neustadt Jeffrey -- Reliant Title
Neustadt Jeffrey $1,495,000 Relaint Title
Lusk John Burrell -- First Centennial Reno
Lusk John B -- None Available
Lusk John B -- None Available
Lusk John B -- First American Title
Lusk John B -- First American Title
Lusk John B $660,000 First American Title
Jentz Jon -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neustadt Jeffrey E $1,050,417
Previous Owner Lusk John Burrell $650,000
Previous Owner Lusk John B $650,000
Previous Owner Lusk John B $528,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2018 09/28/18 Sold $1,482,070 -22.0% $422 / Sq Ft
08/29/2018 08/29/18 Pending -- -- --
06/16/2015 06/16/15 For Sale $1,900,000 -- $541 / 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 $10,415 $350,182 $220,500 $129,682
2024 $10,415 $328,670 $196,000 $132,670
2023 $9,682 $300,494 $171,500 $128,994
2022 $9,324 $245,615 $134,750 $110,865
2021 $8,804 $230,459 $120,050 $110,409
2020 $8,839 $230,173 $117,600 $112,573
2019 $8,561 $223,697 $110,250 $113,447
2018 $8,220 $214,089 $102,375 $111,714
2017 $8,226 $214,515 $102,375 $112,140
2016 $8,204 $218,506 $91,000 $127,506
2015 $8,189 $212,934 $91,000 $121,934
2014 $8,278 $216,194 $91,000 $125,194
2013 -- $238,005 $113,750 $124,255
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Incline Village REALTORS®

MLS Number: 942725

Incline Village REALTORS®

APN: 125-523-06