NOT LISTED FOR SALE

875 Southwood Blvd Unit 21 Incline Village, NV 89451

Estimated Value: $1,102,000 - $1,344,000

3 Beds
2.5 Baths
1,546 Sq Ft
$340/mo HOA Fee

Last Sold October 24, 2012

Last sale price $450,000 $291 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $7,255/month

70 Days on Market

Highlights

  • View of Trees or Woods
  • Deck
  • High Ceiling
  • Incline High School Rated A-
  • Main Floor Primary Bedroom
  • Great Room

About This Home

As of October 2012

Centrally located and gated condominium complex…L’Ermitage. Unit #21 has the best setting in the complex with a quiet and private end unit overlooking common area and trees. Upstairs in the living area you are greeted by large, tall windows allowing all of the natural Tahoe light to filter in throughout the day. The granite kitchen offers stainless steel appliances including a new range, refrigerator and dishwasher. Open the sliding glass doors to the ‘lanai’ where an electric, Sunsetter awning!, All bathrooms have been remodeled. A one-car garage offers a convenient place to store your car and additional toys and supplies. Recently a new furnace was installed. The entire complex was just repainted in June of 2012 and new gutters were installed. The association in L’Ermitage is committed to their residents and there are future improvements scheduled including sidewalks with pavers. The home-owners stay involved with the meetings to ensure a very happy community. The association dues are low at only $340 per month and include water/sewer/trash, snow removal, driveway repair, landscaping of the grounds, gated entry, exterior and roof maintenance and exterior lighting.

Last Agent to Sell the Property

Bruce Soli

Engel & Volkers Incline Village License #s.63581 Listed on: 07/17/2012

Engel & Volkers Incline Village

Last Buyer's Agent

Karen Bruno

Chase International-Incline

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,902

Year Built

  • Built in 1980

Lot Details

  • Property fronts a private road
  • Security Fence
  • Landscaped

HOA Fees

  • $340 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Common or Shared Parking
  • Garage Door Opener

Home Design

  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,546 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Drapes & Rods
  • Blinds
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Views of Woods
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Disposal

Flooring

  • Brick
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry in Bathroom
  • Dryer
  • Washer

Home Security

Schools

  • Incline Elementary School
  • Incline Village Middle School
  • Incline Village High School

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Deck
  • Ground Level

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 12742021

Community Details

Overview

  • Association fees include insurance, snow removal
  • $500 HOA Transfer Fee
  • Ipm Association
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Snow Removal

Additional Features

  • Common Area
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,902

Year Built

Built in 1980

Lot Details

0

HOA Fees

$340 per month

Parking

1

Listing Details

  • Year Built: 1980
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Horses: No
  • Lot Features: Common Area, Landscaped, Level
  • Road Frontage Type: Private Road, Other
  • Has View?: Yes
  • Security Features: Security Fence, Smoke Detector(s)
  • Association Amenities: Landscaping
  • Association Fees: 340.0
  • Association Fee Frequency: Monthly
  • Association Fee Inclusions: Insurance, Snow Removal
  • Has H O A?: Yes
  • Co List Office Mls Id: 9517-o
  • Co List Office Phone: 775-548-5110
  • Directions: Village
  • Has Fireplace?: Yes
  • Living Area: 1546.0
  • Property Attached Yn: Yes
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Incline
  • Tax Legal Middle Or Junior School2: Incline Village
  • Tax Legal High School: Incline Village
  • Tax Legal Tax Annual Amount: 2902.3
  • Tax Legal Zoning4: multi-fam
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 340.0
  • Building Stories5: 2
  • Building Property Attached Y N: Yes
  • Building Home Warranty Y N: Yes
  • Lot Horse Y N2: No
  • Association Details Transfer Fee: 500.0
  • Lot View Y N2: Yes
  • Lot Features Landscaped: Yes
  • Foundation Details Crawl Space: Yes
  • Lot Features Level: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Typeof Construction Site Stick- Built: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Appliances Disposal: Yes
  • Appliances Dryer: Yes
  • Appliances Washer: Yes
  • Outdoor Living Spaces Deck3: Yes
  • Security Features Smoke Detector(s): Yes
  • Association Fee Includes Snow Removal2: Yes
  • Security Features Security Fence: Yes
  • Water Heater Gas5: Yes
  • View Trees Woods: Yes
  • Association Amenities Landscaping: Yes
  • Lot Features Common Area3: Yes
  • Road Frontage Type Private Road: Yes
  • Road Responsibility Private Maintained Road: Yes
  • Association Community Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: IPM
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Washer
  • Flooring: Brick, Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), High Ceilings, Primary Downstairs
  • Window Features: Blinds, Double Pane Windows, Drapes
  • Interior Bathrooms Half: 1
  • Interior Living Area4: 1546.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Interior Features High Ceilings: Yes
  • Fireplace Features Living Room: Yes
  • Interior Features Breakfast Bar: Yes
  • Interior Features Primary Downstairs: Yes
  • Window Features Double Pane Windows: Yes
  • Kitchen Features Breakfast Bar2: Yes
  • Unit Level Ground Floor: Yes
  • Window Features Blinds: Yes
  • Window Features Drapes: Yes
  • Living Room Features Family Room Combination: Yes
  • Primary Bedroom Features Tub Shower Combination: Yes
  • Interior Fireplaces Total2: 1.0
  • Primary Bedroom Features On Main Floor: Yes
  • Flooring Ceramic Tile: Yes
  • Laundry Features Laundry Area: Yes
  • Living Room Features Great Room3: Yes
  • Dining Room Features High Ceilings3: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Dining Room Features Kitchen Combination: Yes
  • Interior Features Ceiling Fan(s)2: Yes
  • Living Room Features Ceiling Fan(s)3: Yes
  • Laundry Features In Bathroom: Yes
  • Flooring Brick2: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Pitched, Shingle
  • Stories: 2
  • View: Trees/Woods
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Deck
  • Construction Materials Wood Siding: Yes
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: No
  • Garage Spaces: 1.0
  • Has Attached Garage?: Yes
  • Parking Features: Common, Garage Door Opener
  • Total Parking Spaces: 1.0
  • Parking Information Garage Y N: Yes
  • Parking Information Garage Spaces: 1.0
  • Parking Information Carport Y N: No
  • Parking Information Parking Total: 1.0
  • Parking Features Garage Door Opener: Yes
  • Parking Features Common: Yes

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: In Bathroom, Laundry Area
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Heating Y N3: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes

Schools

  • Middle Or Junior School: Incline Village

Lot Info

  • Parcel Number: 12742021
  • Fencing: None
  • Zoning: multi-fam

Tax Info

  • Tax Annual Amount: 2902.3

MLS Schools

  • Elementary School: Incline
  • HighSchool: Incline Village

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2012
Closed on
Oct 12, 2012
Sold by
Li Kayee
Bought by
Li Bob H
Seller's Agent
Bruce Soli
Engel & Volkers Incline Village
Buyer's Agent
Karen Bruno
Chase International-Incline
List Price
$439,000
Sold Price
$450,000
Premium/Discount to List
$11,000
2.51%
Current Estimated Value
$1,212,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$762,895
Avg. Annual Appreciation
8.17%

Purchase Details

Listed on
Jul 17, 2012
Closed on
Oct 11, 2012
Sold by
Li Bob H
Bought by
Hope William K and William Kelly Hope Trust
Seller's Agent
Bruce Soli
Engel & Volkers Incline Village
Buyer's Agent
Karen Bruno
Chase International-Incline
List Price
$439,000
Sold Price
$450,000
Premium/Discount to List
$11,000
2.51%

Purchase Details

Closed on
Jun 19, 2006
Sold by
Yuen Kitty and Li Kitty Y
Bought by
Li Bob H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.21%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 18, 2002
Sold by
Satchu Reza R
Bought by
Li Bob H and Li Kitty Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,000
Interest Rate
6.78%

Purchase Details

Closed on
Aug 17, 2000
Sold by
Annau Marion
Bought by
Satchu Reza R

Purchase Details

Closed on
Dec 9, 1999
Sold by
Marsullo Rose Marie and Marsullo Claudia
Bought by
Turner Claude C and Turner Karen S
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
Li Bob H -- Ticor Title
Hope William K $450,000 Ticor Title Reno
Li Bob H -- None Available
Li Bob H $477,500 Stewart Title Northern Nevad
Satchu Reza R -- First American Title
Satchu Reza R $427,000 First American Title
Turner Claude C $335,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Li Bob H T $250,000
Previous Owner Li Bob H $383,300
Previous Owner Li Bob H $382,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2012 10/24/12 Sold $450,000 0.0% $291 / Sq Ft
10/23/2012 10/23/12 Sold $450,000 +2.5% $291 / Sq Ft
09/25/2012 09/25/12 Pending -- -- --
09/23/2012 09/23/12 Pending -- -- --
07/17/2012 07/17/12 For Sale $439,000 0.0% $284 / Sq Ft
06/29/2012 06/29/12 For Sale $439,000 -- $284 / 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 $3,677 $130,734 $87,675 $43,059
2024 $3,677 $123,927 $78,295 $45,632
2023 $3,444 $113,497 $72,485 $41,012
2022 $3,547 $102,419 $64,050 $38,369
2021 $3,343 $86,358 $47,635 $38,723
2020 $3,239 $86,804 $47,635 $39,169
2019 $3,124 $79,573 $39,830 $39,743
2018 $3,057 $70,306 $31,150 $39,156
2017 $2,993 $67,120 $28,105 $39,015
2016 $2,938 $68,429 $28,105 $40,324
2015 $2,200 $66,554 $27,580 $38,974
2014 $2,872 $65,360 $25,550 $39,810
2013 -- $57,636 $17,220 $40,416
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 120008760

Northern Nevada Regional MLS

APN: 127-420-21