NOT LISTED FOR SALE

754 Milky Way Ct Unit A State Line, NV 89449

Estimated Value: $467,000 - $610,000

1 Bed
1 Bath
688 Sq Ft
$137/mo HOA Fee

Last Sold May 12, 2023

Last sale price $455,000 $661 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,137/month

60 Days on Market

Highlights

  • Ski Accessible
  • Spa
  • Clubhouse
  • Gene Scarselli Elementary School Rated A-
  • View of Trees or Woods
  • Deck

About This Home

As of May 2023

Turnkey, recently renovated and furnished 1bed+den+flex room+storage. Walking distance to Stagecoach, Fox & Hound, Tahoe Rim Trail, pool and Clubhouse. This home is all set for remote hosting. Renters are currently in with a year lease for $2900 monthly. Lease can be ended with 30 day notice. Home currently holds a vacation rental permit but NEW OWNER MUST APPLY. Buyers must offer on property along with proof of funds to view property. Strong rental history with short and long in 2022 at $48k., Rental income for 2021 was $50k. Flex room and storage not included in square footage. Owner is a licensed Nevada Real Estate Agent.

Last Agent to Sell the Property

Carmel Allego-Fithian

Coldwell Banker Select Reno License #S.190812 Listed on: 02/18/2023

Coldwell Banker Select Reno

Last Buyer's Agent

Craig Zager

Coldwell Banker Select ZC License #S.23628

Coldwell Banker Select ZC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,109

Year Built

  • Built in 1979

Lot Details

  • Wooded Lot

HOA Fees

Property Views

  • Woods
  • Mountain

Home Design

  • Flat Roof Shape
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Stick Built Home

Interior Spaces

  • 688 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Blinds
  • Family Room
  • Combination Kitchen and Dining Room
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in Bathroom
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Spa
  • Lake, Pond or Stream
  • Deck

Location

  • Ground Level
  • 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

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 131930612001

Community Details

Overview

  • $300 HOA Transfer Fee
  • Building HOA
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Common Area
  • Shuttle
  • Clubhouse

Recreation

  • Community Pool
  • Ski Accessible
  • Snow Removal

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,109

Year Built

Built in 1979

Lot Details

0

HOA Fees

$137 per month

Listing Details

  • Year Built: 1979
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Horses: No
  • Road Frontage Type: Other
  • Co List Office Mls Id: 341-o
  • Co List Office Phone: 775-688-4800
  • Directions: 207 to Tramway to Milkyway
  • Property Attached Yn: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas
  • Window Features: Blinds, Double Pane Windows, Vinyl Frames

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Flat, Pitched, Shingle
  • Stories: 1
  • View: Mountain(s), Trees/Woods
  • Construction Type: Fiber Cement
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: None

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available, Cellular Coverage, Water Meter Installed
  • Water Source: Public
  • Laundry Features: In Bathroom
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association #2 Fee: 232.5

Schools

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

Lot Info

  • Parcel Number: 131930612001
  • Fencing: None
  • Lot Size Sq Ft: 3049.2
  • Zoning: 210

Tax Info

  • Tax Annual Amount: 1109.32

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2024
Sold by
Madlem Dana and Madlem Allison
Bought by
Madlem Family Trust and Madlem
Total Days on Market
60
Current Estimated Value
$521,323

Purchase Details

Listed on
Feb 18, 2023
Closed on
May 10, 2023
Sold by
Allego-Fithian Carmel D and Allego-Fithian Lance T
Bought by
Madlem Dana and Madlem Allison
Seller's Agent
Carmel Allego-Fithian
Coldwell Banker Select Reno
Buyer's Agent
Craig Zager
Coldwell Banker Select ZC
List Price
$495,000
Sold Price
$455,000
Premium/Discount to List
-$40,000
-8.08%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.60%

Purchase Details

Closed on
Jun 11, 2021
Sold by
Fithian Lance T and Fithian Carmel
Bought by
Allego Fithian Carmel D and Fithian Lance T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 24, 2019
Closed on
Dec 6, 2019
Sold by
Zervos James J and Campbell Danielle
Bought by
Fithian Lance T and Fithian Carmel
Seller's Agent
Danielle Campbell
Chase International Carson Cit
Buyer's Agent
Deborah Houser
LPT Realty, LLC
List Price
$288,900
Sold Price
$275,000
Premium/Discount to List
-$13,900
-4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.26%
Original Mortgage
$220,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2007
Sold by
Zervos James J
Bought by
Zervos James J and Campbell Danielle
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 Buyer Sale Price Title Company
Madlem Family Trust -- None Listed On Document
Madlem Dana $455,000 First Centennial Title
Allego Fithian Carmel D -- First American Title Reno
Fithian Lance T $275,000 Ticor Title Incline Village
Zervos James J -- Western Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Allego Fithian Carmel D $270,000
Previous Owner Fithian Lance T $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2023 05/12/23 Sold $455,000 -8.1% $661 / Sq Ft
04/19/2023 04/19/23 For Sale $495,000 +8.8% $719 / Sq Ft
04/18/2023 04/18/23 Pending -- -- --
04/03/2023 04/03/23 Off Market $455,000 -- --
02/17/2023 02/17/23 For Sale $495,000 +80.0% $719 / Sq Ft
12/17/2019 12/17/19 Sold $275,000 -4.8% $400 / Sq Ft
11/13/2019 11/13/19 Pending -- -- --
08/15/2019 08/15/19 For Sale $288,900 0.0% $420 / Sq Ft
08/15/2019 08/15/19 Price Changed $288,900 +5.1% $420 / Sq Ft
07/27/2019 07/27/19 Off Market $275,000 -- --
06/24/2019 06/24/19 For Sale $299,900 -- $436 / 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 $1,289 $115,543 $101,500 $14,043
2024 $1,238 $116,417 $101,500 $14,917
2023 $1,109 $114,733 $101,500 $13,233
2022 $1,109 $105,798 $92,750 $13,048
2021 $1,027 $96,760 $84,000 $12,760
2020 $993 $96,776 $84,000 $12,776
2019 $956 $89,746 $77,000 $12,746
2018 $911 $82,614 $70,000 $12,614
2017 $877 $82,758 $70,000 $12,758
2016 $854 $79,912 $66,500 $13,412
2015 $852 $79,912 $66,500 $13,412
2014 $826 $75,576 $63,000 $12,576
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 230001366

Northern Nevada Regional MLS

APN: 1319-30-612-001