NOT LISTED FOR SALE

626 Lakeview Blvd Unit A and B Zephyr Cove, NV 89448

Cave Rock Neighborhood

Estimated Value: $967,000 - $1,343,284

4 Beds
4 Baths
2,080 Sq Ft
$565/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $685,000 $329 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $6,896/month

3 Days on Market

Highlights

  • Fireplace
  • Double Pane Windows
  • Laundry Room
  • Zephyr Cove Elementary School Rated A-
  • Patio
  • Forced Air Heating System

About This Home

As of October 2020

Excellent opportunity for an investment property on the NV. side of Lake Tahoe. Duplex, with 2 bedrooms and 1.5 bathrooms on each side. Located between the Stateline casinos and Zephyr Cove in a wonderful quiet neighborhood. Views of Mt. Tallac and filtered lake views. The seller is in the process of filing for a landscaping easement.

Last Listed By

Brandon Gerard

RE/MAX Realty Today License #S.77484 Listed on: 08/25/2020

RE/MAX Realty Today

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,342

Year Built

  • Built in 1977

Lot Details

  • 7,841

Home Design

  • Slab Foundation
  • Pitched Roof
  • Composition Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,080 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Double Pane Windows
  • Drapes & Rods
  • Aluminum Window Frames
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • 2 Parking Spaces Included
  • Assigned Parking

Utilities

  • Cooling System Utilizes Natural Gas
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater
  • Internet Available
  • Cable TV Available

Additional Features

  • Patio
  • 7,841 Sq Ft Lot

Community Details

  • 2 Units
  • No Complex Name Community

Listing and Financial Details

  • Assessor Parcel Number 131810417048

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,342

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Type Of Property: Duplex, Triplex, 4-Plex
  • Extended Remarks: Unit #A tenant occupied - Can not view due to COVID-19. #A - New vinyl, paint, W/D and Kitchen appliances in 2005. 2013 new range and new carpet in 2015. New roof on entire duplex in 2005. 2009 new decks, exterior paint & new parking deck. Both water heaters replaced in 2009. Both furnaces replaced in 2008. Unit #B is unoccupied and available to show. Unit #B remodeled 10/2013, new paint, carpet & vinyl throughout, new window coverings, counter tops, new tub/shower enclosure and bathroom fixtures. Storage under both units where the furnaces and hot water heaters are located. Both units have a gas log fireplace. Features to point out: 1. Filtered mountain and lake views 2. Wonderful sunsets from the decks 3. Walking distance to restaurants (2) 4. Walking distance to the beach 5. Nevada tax advantages 6. Excellent rental possibilities 7. No HOA fees 8. Recently surveyed
  • Lvt Date: 08/25/2020
  • Year Built: 1977
  • Access Type: Public
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Oven/Range, Disposal, Dishwasher, Washer, Dryer
  • Water Heater: Natural Gas
  • Flooring: Carpet, Sheet Vinyl
  • Price Per Sq Ft: 329.33
  • Sold Price Per Sq Ft: 329.33
  • Source Of Sq Ft: Assessor
  • Gross Sq Ft: 2080

Exterior Features

  • Windows: Double Pane, Metal Frame
  • Construction: 2x6 Exterior
  • Exterior: Wood Siding
  • Foundation: Concrete Slab
  • Roof: Composition/Shingle, Pitched
  • Stories: 2 Story

Garage/Parking

  • Total Parking Capacity: 4
  • Parking Capacity Per Unit: 2
  • Parking Types: Designated Parking

Utilities

  • Heating Cooling: Natural Gas, Fireplace, Forced Air
  • Internet: Yes
  • Utilities: Cable, City/County Water, City Sewer, Electricity, Natural Gas, Internet Available
  • Facility Features: Separated Meters-Gas, Separate Meters-Electric, Separate Water Heaters
  • Individually Metered: Yes
  • Laundry: Separate

Condo/Co-op/Association

  • Complex Name: No complex name

Lot Info

  • Acreage: 0.18
  • Parcel Number: 131810417048
  • Zoning Actual: MF

Green Features

  • Green Features: Double Pane Windows

Rental Info

  • Current Lease: Month To Month

Tax Info

  • Tax Database Id: 3
  • Taxes Dollar: 3341.62
  • Assessor Parcel Number: 131810417048

Multi Family

  • Number Units: 2
  • Unit Features: Drapes/Curtains, Patio/Deck, Smoke Detector

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2020
Closed on
Oct 14, 2020
Sold by
Buche-Corby Llc Series 626 Only
Bought by
Omalley Timothy Patrick and Stewart Gayle E
Seller's Agent
Brandon Gerard
RE/MAX Realty Today
Buyer's Agent
Rhiannon Connelly
Chase International Carson Cit
List Price
$699,000
Sold Price
$685,000
Premium/Discount to List
-$14,000
-2%
Total Days on Market
3
Current Estimated Value
$1,175,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$490,821
Avg. Annual Appreciation
11.16%
Original Mortgage
$582,250
Outstanding Balance
$527,155
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$580,117

Purchase Details

Listed on
Aug 25, 2020
Closed on
Oct 6, 2020
Sold by
Buche-Corby Llc Series 626 Only
Bought by
Omalley Timothy Patrick and Stewart Gayle E
Seller's Agent
Brandon Gerard
RE/MAX Realty Today
Buyer's Agent
Rhiannon Connelly
Chase International Carson Cit
List Price
$699,000
Sold Price
$685,000
Premium/Discount to List
-$14,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$582,250
Outstanding Balance
$527,155
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$580,117

Purchase Details

Closed on
Jan 3, 2011
Sold by
Corby George C and Buche Corby Pamela M
Bought by
Buche Corby Llc Series 626 Only

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
Omalley Timothy Patrick $685,000 First American Title
Omalley Timothy Patrick $685,000 First American Title
Buche Corby Llc Series 626 Only -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Omalley Timothy Patrick $582,250
Closed Omalley Timothy Patrick $582,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $685,000 -2.0% $329 / Sq Ft
08/28/2020 08/28/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $699,000 -- $336 / 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 $4,137 $138,208 $96,250 $41,958
2024 $3,840 $140,905 $96,250 $44,655
2023 $3,840 $136,419 $96,250 $40,169
2022 $3,549 $123,548 $84,000 $39,548
2021 $3,442 $112,293 $73,500 $38,793
2020 $3,342 $112,470 $73,500 $38,970
2019 $3,242 $104,835 $65,800 $39,035
2018 $3,147 $101,778 $63,000 $38,778
2017 $3,059 $102,350 $63,000 $39,350
2016 $2,983 $104,421 $63,000 $41,421
2015 $2,977 $104,421 $63,000 $41,421
2014 $2,890 $102,175 $63,000 $39,175
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 200011760

Northern Nevada Regional MLS

APN: 1318-10-417-048