NOT LISTED FOR SALE

703 Champagne Rd Incline Village, NV 89451

Estimated Value: $5,809,000 - $8,632,431

8 Beds
11 Baths
16,032 Sq Ft
$442/Sq Ft Est. Value

Last Sold May 15, 2015

Last sale price $12,000,000 $749 Per Sq Ft

Est. 41% decrease in value since last sale

Current estimated payment $47,210/month

50 Days on Market

Highlights

  • Panoramic View
  • 12 Acre Lot
  • 10 Fireplaces
  • Incline High School Rated A-
  • Radiant Floor
  • Breakfast Area or Nook

About This Home

As of May 2015

Renown for uncompromising elegance, baronial grace, and sprawling lake vistas from its 12 acres, The Champagne Estate is at the top of its field. Flawless symmetry and superior craftsmanship offer sterling denotation of the world's finest estates.

Last Agent to Sell the Property

Bill Dietz

Tahoe Luxury Properties License #01431063 Listed on: 03/06/2015

Last Buyer's Agent

Bill Dietz

Tahoe Luxury Properties License #01431063 Listed on: 03/06/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $120,724

Year Built

  • Built in 2008

Lot Details

  • 12

Parking

  • 4 Car Attached Garage

Property Views

  • Lake
  • Panoramic
  • Mountain

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 16,032 Sq Ft Home
  • 3-Story Property
  • 10 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Formal Dining Room
  • Radiant Floor
  • Security Gate

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room

Bedrooms and Bathrooms

  • 8 Bedrooms

Additional Features

  • 12 Acre Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 126-243-03

Home Details

Home Type

Single Family

Est. Annual Taxes

$120,724

Year Built

Built in 2008

Lot Details

0

Parking

4

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 16032
  • Year Built: 2008
  • Zoning Description: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo, Separate Family Room
  • Fireplace: Gas Burning, Wood Burning
  • Dining Room: Breakfast Nook, Dining Area in Family Room, Formal Dining Room
  • Living Sq Ft: 16032
  • Stories: 3
  • Fireplaces Min: 10
  • Full Bathrooms: 9
  • Half Bathrooms: 2
  • Total Bedrooms: 8
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Lake, Mountains, Panoramic

Garage/Parking

  • Garage Spaces: 4
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central AC
  • Heating System: Radiant Floors
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Security Gate

Lot Info

  • Parcel Number: 126-243-03
  • Lot Acres: 12.0000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 522720.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 522720.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2015
Closed on
Apr 28, 2015
Sold by
Champagne Retreat Llc
Bought by
Plymouth Pup Llc and Abby Pup Llc
Seller's Agent
Bill Dietz
Tahoe Luxury Properties
Buyer's Agent
Bill Dietz
Tahoe Luxury Properties
List Price
$14,995,000
Sold Price
$12,000,000
Premium/Discount to List
-$2,995,000
-19.97%
Current Estimated Value
$7,083,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,916,523
Avg. Annual Appreciation
-4.91%

Purchase Details

Closed on
Jun 20, 2007
Sold by
Duffield Albert W and Duffield Jane E
Bought by
Champagne Retreat Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,950,000
Interest Rate
6.36%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 22, 1997
Sold by
Holloway Barry W
Bought by
Duffield Albert W and Duffield Jane E

Purchase Details

Closed on
Jun 7, 1996
Sold by
Metrailer George Warner
Bought by
Duffield Albert W and Duffield Jane E
Source: Public Records

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
Plymouth Pup Llc $12,000,000 First American Title Iv
Champagne Retreat Llc $13,950,000 Ticor Title Of Nevada Inc
Duffield Albert W $120,000 Founders Title Co
Duffield Albert W $120,000 --
Duffield Albert W $798,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Champagne Retreat Llc $10,950,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2015 05/15/15 Sold $12,000,000 0.0% $749 / Sq Ft View Prior Sale
05/15/2015 05/15/15 Sold $12,000,000 -20.0% $749 / Sq Ft
04/25/2015 04/25/15 Pending -- -- --
04/16/2015 04/16/15 Pending -- -- --
03/06/2015 03/06/15 For Sale $14,995,000 0.0% $935 / Sq Ft
07/16/2013 07/16/13 For Sale $14,995,000 -- $935 / Sq Ft
Source: MLSListings

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 $120,724 $3,796,308 $840,000 $2,956,308
2024 $120,724 $3,784,937 $798,000 $2,986,937
2023 $117,227 $3,624,390 $798,000 $2,826,390
2022 $114,151 $3,259,776 $756,000 $2,503,776
2021 $110,828 $3,161,330 $693,000 $2,468,330
2020 $109,956 $3,136,429 $693,000 $2,443,429
2019 $111,486 $3,201,840 $693,000 $2,508,840
2018 $113,042 $3,250,917 $693,000 $2,557,917
2017 $111,288 $3,204,006 $651,000 $2,553,006
2016 $110,705 $3,227,862 $651,000 $2,576,862
2015 $82,705 $3,246,329 $651,000 $2,595,329
2014 $107,086 $3,084,340 $651,000 $2,433,340
2013 -- $3,146,223 $651,000 $2,495,223
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81453887

MLSListings

APN: 126-243-03