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550 Sierra Sunset Lane

550 Sierra Sunset Lane, Zephyr Cove, NV 89448
Property in Douglas
Local assessors in Zephyr Cove, NV have categorized 550 Sierra Sunset Lane as a residential type of property. The home was built in 2004 and is 20 years old. The property's lot size has been calculated to be 1,058,508 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 550 Sierra Sunset Lane has a total of 16,943 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 3,022 sqft. There are 6 available parking spaces so it's a great situation for those with more than one car. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 550 Sierra Sunset Lane sold most recently in Aug 4, 2020 for a total of $38,000,000. If you work out the math, that's approximately a cost of $1,903.33 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $142,797 in taxes each year. 550 Sierra Sunset Lane was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $9,608,227. If we break it down further, the land itself was valued at $6,996,150. Improvements to the property, however, were assessed at a total of $2,612,077. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Attached Garage

Exterior

Composite Shingle Siding
Stone Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20170928
09/28/2017
Loft
13 Bath
18151 ft²
-
bedrooms
Loft
bathrooms
13 Bath
square feet
18151 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Multifamily
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 3,022
  • Parking Space Count: 6

    Dimensions

  • Lot Size Square Feet: 1,058,508
  • Total Building Area: 19,965
  • Gross Building Area: 19,965
  • Building Area: 16,943
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 16,943
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 24.3
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: LOT ADJ A

Ownership

  • Current Owner : WILLIS PATRICK K
  • Current Owner 2: THE PATRICK K WILLIS FAMILY TRUST
  • Previous Owner : SIERRA SUNSET LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Douglas County School District
  • Census Tract: 001700

Geography

  • Assessors Map Reference: 770714
  • Parcel: 1318-15-101-009
  • Lot: A
  • Meridian: SEC 15 TWN 13N RNG 18E
  • Municipality: ROUND HILL GID
  • Latitude: 38.9936
  • Longitude: -119.953

    Address

  • Full Address: 550 Sierra Sunset Ln
  • Address - House Number: 550
  • Address - Street Name: Sierra Sunset
  • Address - Suffix Type: Ln
  • State: NV
  • City Name: Zephyr Cove
  • Zip Code: 89448

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $142,797
  • Tax Rate Code Area: 200

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $20,400,000
  • First Open Lien Mortgage Lender: UBS BANK USA
  • First Open Lien Mortgage Recording Date: Aug 04, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $20,400,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Market Valuation

  • Market Total Value: $24,283,554
  • Market Land Value: $18,219,000
  • Market Improvement Value: $6,064,554

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $9,608,227
  • Assessed Land Value: $6,996,150
  • Assessed Improvements Value: $2,612,077

    Sales

  • Current Sale Contract Date: Aug 04, 2020
  • Current Sale Recording Date: Aug 04, 2020
  • Current Sale Transaction ID: 11780607915
  • Current Sale Price: $38,000,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2020-950280

    Last Sale Mortgage

  • First Mortgage Lender: UBS BANK USA
  • First Mortgage Transaction Date: Aug 04, 2020
  • First Mortgage Loan Amount: $20,400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Round Hill Village



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Frequently Asked Questions

What neighborhood is 550 Sierra Sunset Lane located in?
The 550 Sierra Sunset Lane is a other located in the neighborhood of Douglas in Round Hill Village, Zephyr Cove.
What is the average sales price for listings in 550 Sierra Sunset Lane?
The average sales price for units in 550 Sierra Sunset Lane is $0 currently.

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