$599,000
SOLD AUG 12, 2019

998 Driver Way Unit 7 Incline Village, NV 89451

2 Beds
2 Baths
1,370 Sq Ft
$275/mo HOA Fee

Recently Sold

$437 Per Sq Ft

3% Below List Price

Highlights

  • Newly Remodeled
  • Waterfront
  • Deck
  • Incline High School Rated A-
  • Creek or Stream View
  • Stream or River on Lot

About This Home

As of August 2023

This newly renovated 2bedroom 2bath condominium offering custom concrete counter tops, stone work and design, a wet bar, wine fridge, wood floors, smart home features, two decks with lots natural light throughout and situated
overlooking parts of the world famous Incline Village Championship Golf Course designed by Robert Trent Jones Sr. Within
steps away from a creek right out your back door where you can cool off after a long day of golfing, hiking, bike riding or after enjoying the outdoors and activities Lake Tahoe has to offer. With a short driving distance to town, restaurants, Diamond Peak, The Hyatt Hotel and Casino and beaches makes this condo an ideal location for pure tranquility to come relax and unwind!

Last Agent to Sell the Property

Jenna Rose Madrid

Lakeshore Realty License #BS.145777 Listed on: 06/07/2019

Last Buyer's Agent

Valerie Flynn

Coldwell Banker Select License #S.49215

Coldwell Banker Select

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,347

Year Built

  • Built in 1979 | Newly Remodeled

Lot Details

  • Waterfront
  • Adjacent to Greenbelt

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Pitched Roof
  • Composition Roof

Interior Spaces

  • 1,370 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • 1 Fireplace
  • Creek or Stream Views

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Stream or River on Lot
  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Association fees include sewer, snow removal, trash, water

Listing and Financial Details

  • Assessor Parcel Number 131-060-07

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,347

Year Built

Built in 1979 | Newly Remodeled

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Waterfront
  • New Construction: Yes
  • Building Stories: 2
  • Year Built: 1979
  • Property Sub Type Additional: Condominium
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Wine Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Partially Carpeted
  • Interior Amenities: Wet Bar, Walk-In Closet(s)
  • Living Area: 1370.0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features: Backs to Greenbelt/Park, Stream/Creek, Level
  • Topography: Level
  • View: Creek/Stream
  • View: Yes
  • Home Warranty: No
  • Exterior Features: Deck
  • Patio And Porch Features: Deck
  • Property Condition: New Construction, Updated/Remodeled
  • Roof: Composition, Pitched

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Open, Outside

Utilities

  • Laundry Features: Upper Level
  • Heating: Forced Air, Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 275.0
  • Association Fee Frequency: Monthly
  • Association Name: Self Managed
  • Association: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Sewer, Snow Removal, Trash, Water

Lot Info

  • Parcel #: 131-060-07
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2347.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2019
Closed on
Aug 7, 2019
Sold by
Elze Jody
Bought by
Elze Olaf
Seller's Agent
Jenna Rose Madrid
Lakeshore Realty
Buyer's Agent
Valerie Flynn
Coldwell Banker Select
List Price
$618,000
Sold Price
$599,000
Premium/Discount to List
-$19,000
-3.07%
Current Estimated Value
$936,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,795
Avg. Annual Appreciation
6.65%
Original Mortgage
$539,100
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 7, 2019
Closed on
Jul 8, 2019
Sold by
Elze Olaf
Bought by
Bartolomeo Christopher
Seller's Agent
Jenna Rose Madrid
Lakeshore Realty
Buyer's Agent
Valerie Flynn
Coldwell Banker Select
List Price
$618,000
Sold Price
$599,000
Premium/Discount to List
-$19,000
-3.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$539,100
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 15, 2018
Closed on
Nov 29, 2018
Sold by
Spencer Curtis E and Spencer Judith A
Bought by
Elze Olaf
Seller's Agent
Pamela Fernandez
Lakeshore Realty
Buyer's Agent
Jenna Rose Madrid
Lakeshore Realty
List Price
$499,000
Sold Price
$455,000
Premium/Discount to List
-$44,000
-8.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.96%
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 Type Sale Price Title Company
Interfamily Deed Transfer -- Ticor Title Incline Village
Bargain Sale Deed $599,000 Ticor Title Incline Village
Bargain Sale Deed $455,000 Reliant Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $331,000 New Conventional
Closed $0 New Conventional
Open $681,688 VA
Closed $563,161 VA
Closed $539,100 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2023 08/07/23 Sold $840,000 -2.2% $613 / Sq Ft
08/03/2023 08/03/23 Pending -- -- --
06/21/2023 06/21/23 For Sale $859,000 +43.4% $627 / Sq Ft
08/12/2019 08/12/19 Sold $599,000 -3.1% $437 / Sq Ft
07/13/2019 07/13/19 Pending -- -- --
06/07/2019 06/07/19 For Sale $618,000 +35.8% $451 / Sq Ft
12/04/2018 12/04/18 Sold $455,000 -8.8% $332 / Sq Ft
11/04/2018 11/04/18 Pending -- -- --
07/15/2018 07/15/18 For Sale $499,000 -- $364 / 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 $2,442 $107,549 $79,345 $28,204
2024 $2,442 $106,055 $76,160 $29,895
2023 $2,300 $102,993 $76,160 $26,833
2022 $2,572 $83,716 $58,590 $25,127
2021 $2,519 $64,388 $39,060 $25,328
2020 $2,517 $64,999 $39,340 $25,659
2019 $2,468 $57,336 $31,640 $25,696
2018 $2,393 $50,525 $25,305 $25,220
2017 $2,347 $48,971 $23,870 $25,101
2016 $2,309 $49,468 $23,415 $26,053
2015 $576 $50,343 $25,130 $25,213
2014 $2,263 $46,107 $20,965 $25,142
2013 -- $41,732 $16,765 $24,967
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Incline Village REALTORS®

MLS Number: 1005994

Incline Village REALTORS®

APN: 131-060-07