$318,500
SOLD JAN 8, 2020
1 Bed
1 Bath
600 Sq Ft
$300/mo HOA Fee

Recently Sold

$531 Per Sq Ft

144 Days on Market

Highlights

  • View of Trees or Woods
  • Wood Flooring
  • Level Lot
  • Incline High School Rated A-
  • Forced Air Heating System

About This Home

As of January 2020

This is your opportunity to own a newly renovated end-unit condo in central Incline Village and a walk to Lake Tahoe. One of the partners is a recognized builder having received national attention for his construction. The other owner is his son who has done construction since a child and brought into the property trending elements. This is beyond SF, LA, or NY hip, where you could not begin to touch a condo with these custom aspects for this value price.Other builders have come through the unit to be blown away.The home exemplifies modern rustic with beautifully recycled barn wood accent walls and Alder wood barn-style sliding doors. Other unique features include sound barrier, vinyl-reinforced USB charging outlets,and high quality light fixtures throughout including dimming recessed lighting in living room ceiling.COMPS: Recent sale of $270,000 reflects that this property is PRICED RIGHT, given over $40,000 was cost of remodel and that was for MATERIALS, ONLY. Why Luxury, why not

Last Agent to Sell the Property

Sandra Richards

Sierra Sotheby's International License #S.48701 Listed on: 07/17/2019

Sierra Sotheby's International

Last Buyer's Agent

Non Member

Nevada Licensee License #111

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,379

Year Built

  • Built in 1980 | Remodeled

HOA Fees

  • $300 Monthly HOA Fees

Interior Spaces

  • 600 Sq Ft Home
  • Views of Woods
  • Dryer

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 1325727

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,379

Year Built

Built in 1980 | Remodeled

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1980
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: Multi-Family
  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Disposal
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Hardwood, Laminate, Tile
  • Living Area: 600.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Level
  • Topography: Level
  • View: Trees/Woods
  • Home Warranty: No
  • Property Condition: Updated/Remodeled

Utilities

  • Heating: Forced Air
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 300.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 1325727
  • Zoning Description: Multi-Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1379.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2019
Closed on
Jan 2, 2020
Sold by
Richards Alan and Richards Sandra
Bought by
Lim John S C and Lim Eleanor H
Seller's Agent
Sandra Richards
Sierra Sotheby's International
Buyer's Agent
Non Member
Nevada Licensee
List Price
$320,000
Sold Price
$318,500
Premium/Discount to List
-$1,500
-0.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.69%

Purchase Details

Listed on
Jan 8, 2018
Closed on
Jan 29, 2018
Sold by
Ritter Michael J and Ritter Shirley J
Bought by
Richards Alan and Richards Sandra
Seller's Agent
Jane Rubsamen
Chase International
Buyer's Agent
Sandra Richards
Sierra Sotheby's International
List Price
$175,000
Sold Price
$165,000
Premium/Discount to List
-$10,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.60%

Purchase Details

Closed on
Sep 30, 2004
Sold by
Pinebrook Llc
Bought by
Ritter Michael J and Ritter Shirley J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 6, 2004
Sold by
Bricken Lp
Bought by
Pinebrook Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.95%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 23, 2000
Sold by
Mt Brook Station Cooperative Apartment H
Bought by
Bricken Ltd Partnership
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 $318,500 Toiyabe Title
Bargain Sale Deed $165,000 Reliant Title
Bargain Sale Deed $150,000 First Centennial Title Co
Bargain Sale Deed $2,712,500 Stewart Title Of Northern Nv
Bargain Sale Deed $75,000 First Centennial Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $50,000 Credit Line Revolving
Previous Owner $2,000,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2025 04/01/25 For Sale $415,000 +30.3% $692 / Sq Ft
01/08/2020 01/08/20 Sold $318,500 -0.5% $531 / Sq Ft
12/09/2019 12/09/19 Pending -- -- --
07/17/2019 07/17/19 For Sale $320,000 +93.9% $533 / Sq Ft
02/02/2018 02/02/18 Sold $165,000 -5.7% $275 / Sq Ft
01/08/2018 01/08/18 For Sale $175,000 -- $292 / Sq Ft
Source: Incline Village 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 $1,219 $40,649 $30,135 $10,514
2024 $1,219 $37,813 $26,670 $11,143
2023 $1,168 $41,456 $31,430 $10,026
2022 $1,441 $33,290 $23,940 $9,350
2021 $1,392 $24,725 $15,295 $9,430
2020 $1,404 $22,632 $13,090 $9,542
2019 $1,376 $20,512 $11,200 $9,312
2018 $1,351 $17,319 $8,120 $9,199
2017 $1,331 $17,192 $8,015 $9,177
2016 $1,318 $17,023 $7,490 $9,533
2015 $1,317 $14,411 $5,215 $9,196
2014 $1,302 $14,045 $4,690 $9,355
2013 -- $13,309 $3,885 $9,424
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Incline Village REALTORS®

MLS Number: 1006162

Incline Village REALTORS®

APN: 132-570-27