NOT LISTED FOR SALE

635 Lookout Rd Zephyr Cove, NV 89448

Estimated Value: $1,905,435 - $2,206,000

3 Beds
3.5 Baths
2,651 Sq Ft
$778/Sq Ft Est. Value

Last Sold January 26, 2021

Last sale price $1,410,000 $532 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $11,469/month

Highlights

  • View of Trees or Woods
  • Contemporary Architecture
  • Recreation Room
  • Zephyr Cove Elementary School Rated A-
  • Living Room with Fireplace
  • Wood Flooring

About This Home

As of January 2021

Breathtaking Lake Views! Remodeled inside and out, this turnkey custom mountain home features breathtaking mountain and lake views from nearly every window! Situated at the top of the Zephyr Heights neighborhood, offering a peaceful and serene setting that you would expect when purchasing at Lake Tahoe. The Zephyr Heights neighborhood is located within tax friendly Nevada, near Zephyr Cove Resort, Heavenly Ski Resort, and the casino nightlife.

Last Agent to Sell the Property

Gregory Ochoa

Mountain Luxury Properties License #01725318 Listed on: 11/13/2020

Last Buyer's Agent

0 NON-MEMBER

NON Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,373

Year Built

  • Built in 1976 | Remodeled

Lot Details

  • 0.29 Acre Lot
  • Lot Sloped Down

Property Views

  • Woods
  • Mountain

Home Design

  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 2,651 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Mud Room
  • Living Room with Fireplace
  • Recreation Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Multiple Outdoor Decks

Utilities

  • Heating System Uses Natural Gas
  • Utility District

Community Details

  • Surroundingarea Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,373

Year Built

Built in 1976 | Remodeled

Lot Details

0

Listing Details

  • Age: 40+ Years
  • Estimated Lot Size: .26 - .5
  • Community: SurroundingArea
  • Directions: Hwy 50 to N Martin to S Martin to Lookout Rd
  • Number of Acres: 0.29
  • Optional Financing: Cash To New Loan, None - Cash Only
  • Service Type: Full Service
  • Setting: Street
  • Sub-Area: 011
  • Sub-Status: Standard
  • Topography: Downslope
  • Year Built: 1976
  • Cross Street: S Martin
  • Other: High Ceilings, Phone, Cable TV, High Speed Internet
  • Sewer: Utility District
  • Architecture: Contemporary
  • Gated: No
  • Property Condition: Extensive Remodel
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Heating: Natural Gas
  • Estimated Sq Ft: 2651
  • Stories: Three
  • Gas: Natural
  • Water: Utility District
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Bonus Rooms: Rec Room, Mud Room
  • Fireplace: Living Room, Gas Fireplace, Insert, Stone
  • Furnished: Mostly
  • Bathrooms: 3.5
  • Bedrooms: 3
  • Wood Stove: None
  • Floor Coverings: Carpet, Wood, Stone

Exterior Features

  • View: Lake, Wooded, Mountain
  • Construction Exterior: Framed, Stucco
  • Foundation: Pier
  • Roof: Composition
  • Decks: 3 or more
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: One
  • Garage/Parking: Attached, Gar Door Opener

Utilities

  • Laundry: Room

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2020
Closed on
Jan 15, 2021
Sold by
Holshouser Family Trust and Holshouser Jeffrey
Bought by
Wang Jizhe and Feng Tao
Seller's Agent
Gregory Ochoa
Mountain Luxury Properties
Buyer's Agent
0 NON-MEMBER
NON Member
List Price
$1,350,000
Sold Price
$1,410,000
Premium/Discount to List
$60,000
4.44%
Current Estimated Value
$2,063,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$653,609
Avg. Annual Appreciation
8.33%
Original Mortgage
$1,128,000
Outstanding Balance
$1,006,744
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$1,056,865

Purchase Details

Closed on
Jan 17, 2020
Sold by
Holshouser Jeffrey and The Holshouser Family Trust
Bought by
Holshouser Jeffrey and Holshouser Barbara Ann

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
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2011
Sold by
Holshouser Jeffrey and Holshouser Barbara A
Bought by
Holshouser Jeffrey and Holshouser Barbara Ann

Purchase Details

Closed on
Jul 21, 2009
Sold by
Chevy Chase Bank Fsb
Bought by
Holshouser Jeffrey and Holshouser Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 18, 2008
Sold by
Olson Wesley and Olson Robin
Bought by
Chevy Chase Bank Fsb

Purchase Details

Closed on
Apr 7, 2005
Sold by
Sansom Elisabeth S
Bought by
Olson Wesley and Olson Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$603,000
Interest Rate
2.3%
Mortgage Type
Negative Amortization
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
Wang Jizhe $1,410,000 Western Title
Holshouser Jeffrey -- Mortgage Connect Lp
Holshouser Jeffrey -- None Available
Holshouser Jeffrey $382,500 First Centennial Reno
Chevy Chase Bank Fsb $555,207 None Available
Olson Wesley $670,000 Western Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Jizhe $1,128,000
Previous Owner Holshouser Jeffrey $785,000
Previous Owner Holshouser Jeffrey $306,000
Previous Owner Olson Wesley $603,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2021 01/26/21 Sold $1,410,000 +0.7% $532 / Sq Ft
12/10/2020 12/10/20 Pending -- -- --
12/08/2020 12/08/20 Price Changed $1,400,000 +3.7% $528 / Sq Ft
12/07/2020 12/07/20 For Sale $1,350,000 0.0% $509 / Sq Ft
11/19/2020 11/19/20 Pending -- -- --
11/13/2020 11/13/20 For Sale $1,350,000 -- $509 / Sq Ft
Source: Tahoe Sierra Board of 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 $7,373 $314,826 $162,750 $152,076
2024 $7,373 $316,281 $162,750 $153,531
2023 $6,943 $306,691 $162,750 $143,941
2022 $6,943 $281,411 $147,000 $134,411
2021 $6,732 $255,741 $127,750 $127,991
2020 $6,536 $253,037 $127,750 $125,287
2019 $6,348 $250,137 $127,750 $122,387
2018 $6,163 $241,788 $122,500 $119,288
2017 $5,988 $242,232 $122,500 $119,732
2016 $5,840 $243,822 $122,500 $121,322
2015 $5,828 $243,822 $122,500 $121,322
2014 $5,657 $235,998 $122,500 $113,498
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20203495

Tahoe Sierra Board of REALTORS®

APN: 1318-10-315-005