$1,900,000
SOLD DEC 15, 2016

615 Hillcrest Dr Zephyr Cove, NV 89448

4 Beds
3.5 Baths
3,399 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$559 Per Sq Ft

20% Below List Price

192 Days on Market

Highlights

  • Views of Ski Resort
  • Spa
  • Fireplace in Primary Bedroom
  • Zephyr Cove Elementary School Rated A-
  • Two Primary Bedrooms
  • Property is near a forest

About This Home

As of December 2016

Welcome Home…. To your exquisite and tranquil retreat. Located at the end of a quiet cul de sac and bordering acre upon acre of open space in a home that epitomizes the WOW factor from the moment you enter the driveway. An amazing water feature leads to a most amazing view and a home whose finishes rival the finest residences. *Three bedroom suites *Multiple living areas *Walls of glass *Deck with spa *Generator *Dumb waiter and so much more., Completely rebuilt in 2007 remodeled and upgraded in 2016.

Last Agent to Sell the Property

Jean Merkelbach

Engel & Volkers Lake Tahoe License #B.12934 Listed on: 04/18/2016

Engel & Volkers Lake Tahoe

Last Buyer's Agent

Craig Zager

Coldwell Banker Select ZC License #S.23628

Coldwell Banker Select ZC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,972

Year Built

  • Built in 2007

Lot Details

  • 10,019 Sq Ft Lot
  • Property fronts a private road
  • Landscaped
  • Lot Sloped Up
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Wooded Lot

Parking

  • 2 Car Attached Garage

Property Views

  • Ski Resort
  • Mountain

Home Design

  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 3,399 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • 2 Fireplaces
  • Double Pane Windows
  • Blinds
  • Great Room
  • Separate Formal Living Room
  • Home Office
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Microwave
  • Kitchen Island

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • Walk-In Closet
  • Dual Sinks
  • Jetted Tub in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Sink Near Laundry
  • Laundry Cabinets

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • Lake, Pond or Stream

Location

  • Property is near a forest

Schools

  • Zephyr Cove Elementary School
  • Whittell High School - Grades 7 + 8 Middle School
  • Whittell - Grades 9-12 High School

Utilities

  • Radiant Ceiling
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 131810415061

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,972

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Year Built: 2007
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Road Frontage Type: Private Road, Other
  • Co List Office Mls Id: 1474-o
  • Co List Office Phone: 775-588-7710
  • Directions: S. Martin to Canyon to Hillcrest
  • Property Attached Yn: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Range, Microwave, Refrigerator
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 2
  • Interior Amenities: Breakfast Bar, High Ceilings, Kitchen Island, Pantry, Walk-In Closet(s)
  • Window Features: Blinds, Double Pane Windows

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Pitched, Shingle
  • Stories: 2
  • View: Mountain(s), Ski Resort
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: Cabinets, Laundry Area, Laundry Room, Sink
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Middle Or Junior School: Whittell High School - Grades 7 + 8

Lot Info

  • Parcel Number: 131810415061
  • Fencing: None
  • Lot Size Sq Ft: 10018.8
  • Zoning: single family

Tax Info

  • Tax Annual Amount: 5972.0

MLS Schools

  • Elementary School: Zephyr Cove
  • HighSchool: Whittell - Grades 9-12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2016
Closed on
Dec 15, 2016
Sold by
Cockerell William C and Cockerell Sheila M
Bought by
Brown Justin and Brown Shanan
Seller's Agent
Jean Merkelbach
Engel & Volkers Lake Tahoe
Buyer's Agent
Craig Zager
Coldwell Banker Select ZC
List Price
$2,375,000
Sold Price
$1,900,000
Premium/Discount to List
-$475,000
-20%
Current Estimated Value
$3,132,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,232,859
Avg. Annual Appreciation
6.05%
Original Mortgage
$1,400,000
Interest Rate
3.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 24, 2014
Closed on
Feb 2, 2015
Sold by
Cockerell William Campbell and Cockerell Sheila Margaret
Bought by
Cockerell Family Trust and Cockerell Sheila M
Seller's Agent
Carolyn Goff
Coldwell Banker Select ZC
Buyer's Agent
Jean Merkelbach
Engel & Volkers Lake Tahoe
List Price
$1,475,000
Sold Price
$1,445,000
Premium/Discount to List
-$30,000
-2.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.99%

Purchase Details

Listed on
Oct 24, 2014
Closed on
Dec 2, 2014
Sold by
Noyes Brian H and Friedrich Andrew D
Bought by
Cockerell William Campbell and Cockerell Sheila Margaret
Seller's Agent
Carolyn Goff
Coldwell Banker Select ZC
Buyer's Agent
Jean Merkelbach
Engel & Volkers Lake Tahoe
List Price
$1,475,000
Sold Price
$1,445,000
Premium/Discount to List
-$30,000
-2.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,145,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 30, 2011
Sold by
Laine Paul
Bought by
Friedrich Sheralee A and Noyes Brian

Purchase Details

Closed on
Jul 11, 2011
Sold by
Desota Robin
Bought by
Laine Paul

Purchase Details

Closed on
Jun 19, 2007
Sold by
Desota Lauren
Bought by
Desota Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.21%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 15, 2007
Sold by
Desota Robin
Bought by
Desota Robin and Robin Desota 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
$250,000
Interest Rate
6.21%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 11, 2006
Sold by
Desota Robin
Bought by
Desota Robin and Robin Desota 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
$1,465,000
Interest Rate
7.37%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 24, 2005
Sold by
Desota Robin
Bought by
Desota Robin and The Robin De Sota 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
$200,000
Interest Rate
5.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 15, 2004
Sold by
Desota Lauren
Bought by
Desota Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.8%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $1,900,000 First Centennial Reno Main O
Interfamily Deed Transfer -- None Available
Bargain Sale Deed $1,445,000 First Centennial
Bargain Sale Deed $1,265,000 Ticor Title Reno
Trustee Deed $917,000 None Available
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title
Interfamily Deed Transfer -- First American Title
Interfamily Deed Transfer -- First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $292,025 New Conventional
Open $1,430,000 Adjustable Rate Mortgage/ARM
Closed $1,400,000 Purchase Money Mortgage
Previous Owner $1,145,000 Adjustable Rate Mortgage/ARM
Previous Owner $250,000 Credit Line Revolving
Previous Owner $1,625,000 Purchase Money Mortgage
Previous Owner $1,625,000 Purchase Money Mortgage
Previous Owner $1,465,000 Construction
Previous Owner $200,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2016 12/15/16 Sold $1,900,000 -20.0% $559 / Sq Ft
10/27/2016 10/27/16 Pending -- -- --
04/18/2016 04/18/16 For Sale $2,375,000 +64.4% $699 / Sq Ft
12/30/2014 12/30/14 Sold $1,445,000 -2.0% $425 / Sq Ft
10/27/2014 10/27/14 Pending -- -- --
10/24/2014 10/24/14 For Sale $1,475,000 -- $434 / Sq Ft
Source: Northern Nevada Regional MLS

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 $9,246 $465,950 $273,000 $192,950
2024 $9,246 $468,638 $273,000 $195,638
2023 $8,675 $455,088 $273,000 $182,088
2022 $7,949 $442,930 $273,000 $169,930
2021 $7,355 $400,876 $238,000 $162,876
2020 $7,117 $398,076 $238,000 $160,076
2019 $6,875 $394,940 $238,000 $156,940
2018 $11,957 $380,698 $227,500 $153,198
2017 $6,151 $379,279 $227,500 $151,779
2016 $6,151 $261,048 $122,500 $138,548
2015 $5,972 $261,048 $122,500 $138,548
2014 $5,659 $247,967 $122,500 $125,467
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 160005653

Northern Nevada Regional MLS

APN: 1318-10-415-061