554 Silvertip Dr Incline Village, NV 89451

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3 beds · 3 baths · 2,066 sq ft · Lot Size: 17,119 sq ft · Single Family Home
Est. Property Value: $1,782,742

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554 Silvertip Dr is in the 89451 neighborhood of Incline Village, NV. It is located in Washoe County and ZIP code 89451. This Single Family Home was built in 1976 and is approximately 49 years old. The single family home spans 2066 sq ft with 3 bedrooms and 3 bathrooms and sits on a 17119 sq ft lot. According to public records, it was last sold in 2019 for $1,172,500 and has a tax-assessed value of $838,698, which is $863 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 554 Silvertip Dr Incline Village, NV 89451 with Property Intel by Whitepages.

554 Silvertip Dr

Incline Village, NV 89451

Owner Info

Owners & Occupancy for 554 Silvertip Dr

This property is owned by Kevin M Landry. Owner contact information includes 7 phone numbers and 6 email addresses.

Property Owners

Cell Phone(949) ***-****View Cell Phone
Residence*****************
Landline(949) 766-9883
Distance from Property**********
Email Address**********@hotmail.comView Email

Occupancy

Resident 1******************** age 33
Resident 2******************** age 65

Property Financials for 554 Silvertip Dr

554 Silvertip Dr, Incline Village, NV has a mortgage (orig. January 17, 2020). The Washoe county assessment for 2024 values it at $838,698, with annual taxes of $8,245.

Mortgage & Equity Information

Loan Amount$******
Origination DateJanuary 17, 2020
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date*****************
Equity View Equity

Property Tax

Purchase DateAugust 12, 2019
Property Tax Amount$8,245 in 2024
Purchase Price$1,172,500
Assessed Value$838,698 on 2024

Investment Potential for 554 Silvertip Dr

The property has a current estimated value of $1,782,742, which is 6% below the zip median, based on public records. It last sold on August 12, 2019 for $1.17M. Projected long-term
is $53,400 annually ($4,450 per month) with a 49% occupancy rate.

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Long-Term

Gross Rental
$53,400 per year($4,450 per month)
Net Operating Income
Cap Rate
Occupancy Rate
49%in 89451 zip code
 
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Property Details for 554 Silvertip Dr

Property Details

Property Sq Ft

Living Area

2,066 sq ft

4% below market

Lot Size

17,119 sq ft

8% above market

Price Per Sq Ft

Living Area

$863 / sq ft

7% below market

Lot Size Area

$104 / sq ft

28% below market

Property condition, age, exterior, etc. for 554 Silver…
Longitude: -119.982462 Latitude: 39.252243 Parcel Number (APN): 122-114-04…

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Discover more single family homes near 554 Silvertip Dr in Incline Village, Nevada. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 554 Silvertip Dr in Washoe County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$1,782,742
$416,249
$1,366,493 (328%)
YoY Price Change
1.59%
-445%
Year Built
1976
1999
-23 years
Living Space
2,066 sq ft
1,644 sq ft
422 (26%)
$ Per Living Sq Ft
$863
$260
$603 (232%)
Lot Size
17,119 sq ft
6,098 sq ft
11021 (181%)
$ Per Lot Sq Ft
$104
$74
$30 (40%)

Net Operating Income
$18,370
$6,776 (37%)
Annual Revenue
$53,400
$27,000
$26,400 (98%)
$8,654
$19,600 (226%)
Net Operating Income
$18,370
$6,776 (37%)
Cap Rate
4.43%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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