NOT LISTED FOR SALE

875 Southwood Blvd Unit 27 Incline Village, NV 89451

Estimated Value: $1,106,000 - $1,247,000

2 Beds
2.5 Baths
1,546 Sq Ft
$450/mo HOA Fee

Last Sold July 22, 2020

Last sale price $768,000 $497 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $7,194/month

5 Days on Market

Highlights

  • Gated Parking
  • View of Trees or Woods
  • Wood Flooring
  • Incline High School Rated A-
  • Deck
  • 1 Fireplace

About This Home

As of July 2020

Gated L'Ermitage complex. Right in the heart of the "Village" 2 bed rooms, (each with their own bath), plus a separate powder room. 1,546 sq ft end unit condo. Excellent in-complex location. Unit is perched overlooking forest and green belt. Property has been well maintained, never used as a rental by this owner. Brand New (6/2020) hard wood, carpet and padding. Large south-east facing wrap-around entertainment deck over looking the green belt and forest. Just a well located condo. Walk to beaches, low elevation, mature landscaping, gated, tons of storage, and even a direct access, attached one car garage..!! Tasteful window treatments, wet bar, wood burning fireplace, wood beamed ceilings, designer paint colors all finish off this great property.. This property clicks all the boxes for a discerning Buyer looking for the Tahoe lifestyle in the very sought after Incline Village. Clean, fresh and ready for move-in. Shows like a Model Home.

Last Agent to Sell the Property

Tim Lampe

Lakeshore Realty License #BS.52601 Listed on: 06/16/2020

Last Buyer's Agent

Peg Augustus

Lakeshore Realty License #BS.7180

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,203

Year Built

  • Built in 1980

Lot Details

  • 44

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Gated Parking

Property Views

  • Woods
  • Mountain
  • Park or Greenbelt

Home Design

  • Pitched Roof
  • Composition Roof

Interior Spaces

  • 1,546 Sq Ft Home
  • 3-Story Property
  • Beamed Ceilings
  • 1 Fireplace
  • Window Treatments
  • Mud Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Additional Features

  • Deck
  • Level Lot
  • Forced Air Heating System

Community Details

  • Association fees include common areas, insurance, ground maintenance, maintenance structure, snow removal, trash
  • Ipm Association, Phone Number (775) 832-0284

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 127-420-27

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,203

Year Built

Built in 1980

Lot Details

0

HOA Fees

$450 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Park/Greenbelt
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built: 1980
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 3

Interior Features

  • Furnished: Unfurnished
  • Possible Use: Multi-Family
  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Trash Compactor, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Partially Carpeted
  • Interior Amenities: Beamed Ceilings, Breakfast Bar, Breakfast Area, Tile Counters, Window Treatments, Mud Room
  • Living Area: 1546.0
  • Window Features: Window Treatments
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features: Corner Lot, Level
  • Topography: Level
  • View: Mountain(s), Trees/Woods
  • View: Yes
  • Home Warranty: Yes
  • Exterior Features: Deck
  • Patio And Porch Features: Deck
  • Roof: Composition, Pitched

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: One Car Garage, Gated

Utilities

  • Laundry Features: In Kitchen
  • Heating: Forced Air
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 450.0
  • Association Fee Frequency: Monthly
  • Association Name: IPM
  • Phone: 775-832-0284
  • Association: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Snow Removal, Trash

Lot Info

  • Development Status: Resale/Previously Owned
  • Parcel #: 127-420-27
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3203.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2020
Closed on
Jul 10, 2020
Sold by
Patel Virenchandra R and Patel Sonja R
Bought by
Kratka Cheri and The Cheri Kratka Living Trust
Seller's Agent
Tim Lampe
Lakeshore Realty
Buyer's Agent
Peg Augustus
Lakeshore Realty
List Price
$749,000
Sold Price
$768,000
Premium/Discount to List
$19,000
2.54%
Current Estimated Value
$1,179,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$411,788
Avg. Annual Appreciation
9.44%

Purchase Details

Closed on
Dec 10, 2014
Sold by
Patel Viren and Patel Sonja
Bought by
The Patel Family Revocable Trust

Purchase Details

Closed on
Nov 24, 2004
Sold by
Sweeney Kathleen Ailish
Bought by
Patel Viren and Patel Sonja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
5.8%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 26, 2003
Sold by
Sweeney Kathleen A
Bought by
Sweeney Kathleen Ailish and The Kathleen Ailish Sweeney Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,000
Interest Rate
6.27%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 22, 2002
Sold by
Sweeney Kathleen Ailish
Bought by
Sweeney Kathleen A

Purchase Details

Closed on
Aug 31, 1998
Sold by
Sweeney Kathleen Ailish
Bought by
Sweeney Kathleen Ailish and The Kathleen Ailish Sweeney Trust

Purchase Details

Closed on
Aug 8, 1994
Sold by
Cole Jeffrey A and Cole Carla A
Bought by
Sweeney Kathleen Ailish

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,200
Interest Rate
5.5%
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
Kratka Cheri $768,000 First Centennial Title Reno
The Patel Family Revocable Trust -- None Available
Patel Viren $610,000 Stewart Title Of Northern Nv
Sweeney Kathleen Ailish -- Stewart Title Of Northern Nv
Sweeney Kathleen A $450,000 Stewart Title Northern Nevad
Sweeney Kathleen Ailish $450,000 Stewart Title Northern Nevad
Sweeney Kathleen Ailish -- Stewart Title Northern Nevad
Sweeney Kathleen A $450,000 Stewart Title Northern Nevad
Sweeney Kathleen Ailish -- --
Sweeney Kathleen Ailish $224,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patel Viren $404,000
Previous Owner Patel Viren $488,000
Previous Owner Sweeney Kathleen A $191,000
Previous Owner Sweeney Kathleen Ailish $179,200
Closed Patel Viren $61,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2020 07/22/20 Sold $768,000 +2.5% $497 / Sq Ft
06/22/2020 06/22/20 Pending -- -- --
06/16/2020 06/16/20 For Sale $749,000 -- $484 / 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 $3,788 $130,983 $87,675 $43,308
2024 $3,788 $124,187 $78,295 $45,892
2023 $2,658 $113,742 $72,485 $41,257
2022 $3,643 $102,650 $64,050 $38,600
2021 $3,431 $86,592 $47,635 $38,957
2020 $3,322 $87,035 $47,635 $39,400
2019 $3,203 $79,739 $39,830 $39,909
2018 $3,095 $70,479 $31,150 $39,329
2017 $3,003 $67,291 $28,105 $39,186
2016 $2,948 $68,555 $28,105 $40,450
2015 $2,944 $66,711 $27,580 $39,131
2014 $2,878 $65,513 $25,550 $39,963
2013 -- $57,815 $17,220 $40,595
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Incline Village REALTORS®

MLS Number: 1006740

Incline Village REALTORS®

APN: 127-420-27