NOT LISTED FOR SALE

998 Driver Way Unit 5 Incline Village, NV 89451

Estimated Value: $893,000 - $969,000

2 Beds
2 Baths
1,499 Sq Ft
44 Sq Ft Lot

Last Sold April 25, 2014

Last sale price $290,000 $193 Per Sq Ft

Est. 222% increase in value since last sale

Current estimated payment $5,168/month

Highlights

  • View of Trees or Woods
  • Waterfront
  • Cathedral Ceiling
  • Incline High School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of April 2014

Additional buyer/seller contribution of $17,225 was applied toward short sale 2nd loan over and above contract price of $290,000 making total actual purchase price of $307,225. Lovely two bedroom condo located on a year round creek. Details include rock fireplace, large deck and skylight. Freshly painted with decorator colors.

Last Agent to Sell the Property

Pamela Fernandez

Lakeshore Realty License #BS.20002 Listed on: 01/24/2013

Last Buyer's Agent

Pamela Fernandez

Lakeshore Realty License #BS.20002 Listed on: 01/24/2013

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,406

Year Built

  • Built in 1979

Lot Details

  • 44

Home Design

  • Pitched Roof
  • Composition Roof

Interior Spaces

  • 1,499 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Skylights
  • Stone Fireplace
  • Living Room with Fireplace
  • Views of Woods

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Carport
  • No Garage

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Deck
  • Waterfront

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 131-060-05

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,406

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Waterfront
  • Carport Y N: Yes
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1979
  • Property Sub Type Additional: Condominium
  • Special Features: 4108
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: One, Living Room, Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Partially Carpeted, Tile
  • Interior Amenities: Wet Bar, Cathedral Ceiling(s), Skylights
  • Living Area: 1499.0
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features: Level
  • Topography: Level
  • View: Trees/Woods
  • Home Warranty: No
  • Exterior Features: Deck
  • Patio And Porch Features: Deck
  • Roof: Composition, Pitched

Garage/Parking

  • Parking Features: Carport, No Garage

Utilities

  • Heating: Forced Air, Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association: Yes
  • Common Interest: Condominium

Lot Info

  • Development Status: Resale/Previously Owned
  • Parcel #: 131-060-05
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2406.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2021
Sold by
Cheney Alan A
Bought by
Cheney Alan and Cheney Maureen
Current Estimated Value
$933,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,250
Outstanding Balance
$433,215
Interest Rate
2.2%
Mortgage Type
New Conventional
Estimated Equity
$493,322

Purchase Details

Listed on
Jan 24, 2013
Closed on
Apr 17, 2014
Sold by
Gordon Keith A and Hunt Patricia A
Bought by
Cheney Alan A
Seller's Agent
Pamela Fernandez
Lakeshore Realty
Buyer's Agent
Pamela Fernandez
Lakeshore Realty
List Price
$287,500
Sold Price
$290,000
Premium/Discount to List
$2,500
0.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.72%
Original Mortgage
$261,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2013
Closed on
Apr 16, 2014
Sold by
Cheney Maureen
Bought by
Cheney Alan A
Seller's Agent
Pamela Fernandez
Lakeshore Realty
Buyer's Agent
Pamela Fernandez
Lakeshore Realty
List Price
$287,500
Sold Price
$290,000
Premium/Discount to List
$2,500
0.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2004
Sold by
Jenks David T and Jenks Barbara A
Bought by
Gordon Keith A and Hunt Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,400
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 10, 2003
Sold by
Fratto Frank and Fratto Dorothy J
Bought by
Jenks David T and Jenks Barbara A

Purchase Details

Closed on
Oct 28, 1997
Sold by
The Fratto Trust
Bought by
Frank & Dorothy J Fratto Living Trust

Purchase Details

Closed on
Sep 19, 1995
Sold by
Fratto Frank
Bought by
The Fratto Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,400
Interest Rate
7.88%

Purchase Details

Closed on
Aug 11, 1995
Sold by
Fratto Dorothy
Bought by
Fratto Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,400
Interest Rate
7.88%

Purchase Details

Closed on
Aug 9, 1995
Sold by
Centi Oscar and Centi Donna C
Bought by
Fratto Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,400
Interest Rate
7.88%
Source: Public Records

Range of Values:

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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
Cheney Alan -- First Centennial Reno
Cheney Alan A $290,000 First American Title Iv
Cheney Alan A -- First American Title Iv
Gordon Keith A $448,000 First American Title
Jenks David T $1,066,000 First American Title
Frank & Dorothy J Fratto Living Trust -- --
The Fratto Trust -- --
Fratto Frank -- --
Fratto Frank $168,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheney Alan $548,250
Closed Cheney Alan A $261,000
Previous Owner Gordon Keith A $358,400
Previous Owner Fratto Frank $134,400
Closed Gordon Keith A $44,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2014 04/25/14 Sold $290,000 +0.9% $193 / Sq Ft
03/26/2014 03/26/14 Pending -- -- --
01/24/2013 01/24/13 For Sale $287,500 -- $192 / 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 $2,839 $111,028 $79,345 $31,683
2024 $2,839 $109,786 $76,160 $33,626
2023 $2,668 $106,376 $76,160 $30,216
2022 $2,829 $86,914 $58,590 $28,324
2021 $2,678 $67,619 $39,060 $28,559
2020 $2,671 $68,233 $39,340 $28,893
2019 $2,617 $60,391 $31,640 $28,751
2018 $2,565 $53,657 $25,305 $28,352
2017 $2,514 $52,097 $23,870 $28,227
2016 $2,472 $52,676 $23,415 $29,261
2015 $2,468 $53,450 $25,130 $28,320
2014 $2,421 $49,296 $20,965 $28,331
2013 -- $44,892 $16,765 $28,127
Source: Public Records

Agents Affiliated with this Home

  • Pamela Fernandez

    Seller's Agent in 2014

    Pamela Fernandez

    Lakeshore Realty

    (775) 742-3096

    57 in this area

    63 Total Sales

    Pamela Fernandez
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Map

Source: Incline Village REALTORS®

MLS Number: 940945

Incline Village REALTORS®

APN: 131-060-05

Nevada Washoe County Incline Village 89451

998 Driver Way Unit 5, Incline Village, NV

This home is located at 998 Driver Way Unit 5, Incline Village, NV 89451 since 24 January 2013 and is currently estimated at $933,773, approximately $622 per square foot. This property was built in 1979. 998 Driver Way Unit 5 is a home located in Washoe County with nearby schools including Incline Elementary School, Incline Middle School, and Incline High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Incline Village REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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