Maximize the profit potential of

554 Silvertip Dr,Incline Village, NV 89451

5

beds

3

baths

2,066

sqft

Built

1976
16,988

sqft Lot

2

stories

3

car garage

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554 Silvertip Dr
Home value
Details
Homeowner tools
Reno ROI
Permits
Neighborhood
Comps
Sales nearby
Schools
Maintenance

Details for 554 Silvertip Dr, Incline Village, NV 89451

Located in the Ponderosa Subdivision 5 neighborhood, this property was built in 1976, and had 3 construction permits in the past 2 years, 2011 and 2020.

General details

Table iconBuilt in:1976
Table iconBedrooms:5
Table iconBathrooms:3
Table iconSchool district:Washoe County School District
Table iconCounty:Washoe

Price and tax history

Table iconLand value:$148,750
Table iconProperty tax:$7,823.8
Table iconProperty tax year:2021
Table iconSale date:08/12/2019
Table iconSale price:$1,172,500

Interior details

Table iconBasement:No
Table iconStories/floors:2
Table iconWaterfront:No
Table iconTotal rooms:8

554 Silvertip Dr information

Table iconType:Old Tahoe
Table iconUse:Single Family Residence
Table iconLot size:16,988 sqft
Table iconBuilding size:2,066 sqft

Exterior of the house

Table iconGarage:3 cars, Built-in
Table iconRoof:Composition,Shake/Shingle
Table iconExternal walls:Wood Siding
Table iconPool:No

House fixtures

Table iconHeating:Natural Gas
Table iconFire place:Yes
Table iconAir Conditioning:-
Table iconHeater replacement:-

This beautiful 2 story residential property has 2,066 sq ft of living space. It has a 3-car garage space. In total, the home has 8 rooms.

This house has a cozy fireplace for your family on chilly evenings.

The nearest school district is Washoe County School District and the distance to the nearest school is 1.1 miles.

This property was last sold for $1,172,500 on 08/12/2019 and its property tax value is $7,823.8 from 2021

Homeowner Tools

Solutions that adapt to each specific house to provide the best insights to improve home value
Remodel cost estimator
Remodel cost estimator

554 Silvertip Dr could benefit from a Kitchen renovation, try the cost estimator to determine the cost.

Estimate a remodel
Homeowner dashboard
Homeowner dashboard

Optimize home equity and keep it in shape with recommendations for seasonal tasks in 89451.

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Refinance & loans
Refinance & loans

Try the quick, easy, no-obligation home financing tool that allows you to review your financing options

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Contractor Solutions
Contractor Solutions

Find the best contractors around Incline Village, NV for your renovation project

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Growing Home Equity

Determining Home Equity can be difficult if you don’t have all your facts straight. Depending on where you live, certain projects can give more value to your home than others, and some projects can even reduce your home value!
For 554 Silvertip Dr you should think about remodeling your Kitchen, it can provide an ROI around 12%

ROI stands for Return on Investment, which is how investors, through a mathematical formula, determine the percent earned. A good ROI for a standard property in Incline Village, NV is about 9% of the total value of the property.

Renovation Return on Investment

Remodel:
Kitchen Renovation
$110,653
Master Bathroom Renovation
$37,295
Full Bathroom Renovation
$16,838
Bedroom Renovation
$7,868
Cost to renovate
$172,654
Increase in home value 
$193,373

Forecasted value over the next 5 years

How do we calculate how much property value will change over 5 years?

For zip code 89451, we combine macroeconomic trends together with regional economic activity, plus we evaluate overall home price trends and the pace of construction in the area. We then apply data unique to Kukun in statistical forecasting models to arrive at the estimate of 40.9% growth in 5 years, with a statistical range between 35.57% and 46.25%
For zip code 89451, the graph shows a projected growth of 40.9% over the next five years, with a statistically significant range of growth between 35.57% and 46.25%.

The Kukun Home Dashboard shows how the Property Condition Score impacts both the home value and the forecasted home value.
5-year growth forecast
40.9
polygon%

5 YEAR GROWTH

NOW

-5.81%

GROWTH

1 YEARS

+4.58%

GROWTH

2 YEARS

3 YEARS

4 YEARS

5 YEARS

Construction permit history

A building permit is a binding document between the city and you, as a homeowner. Whenever you want to do big renovation project to your home, a project permit is required
2020
2 Permits

New roof, Condo new roof

#WBLD20104069

Permit date:

11/03/2020

Status:

Approved

Type:

No data

Description:

Reroof landry trust reroof single layer comp to comp

Contractor:

Lobo Roofing

Residential Permit

#WBLD20103911

Permit date:

10/21/2020

Status:

Approved

Type:

No data

Description:

Deck landry replacement and extension of existing second story deck over existing driveway replace existing stucco with cedar siding and blazeguard under add stone veneer gas line for future portable appliance new electric for hot tub

Contractor:

No Data
2011
1 Permit

Residential Permit

#112065

Permit date:

10/12/2011

Status:

APPROVED

Type:

null

Know Your Neighborhood

Neighborhood overview around 554 Silvertip Dr

Each Neighborhood is rated with factors like Air Quality, Transit, or Crime. Here the rating is from Green (Good to go) to Red (Facing challenges)

Walk

Car-Dependent

Almost all errands require a car

Transit

Minimal transit

It is possible to get on a bus

Crime

Less than US average

Non violent offenses

Air Quality

Healthy

Air pollution poses little or no risk

Natural Hazards

Average high-risk hazards

High risk of Heatwaves, Earthquakes, Floods, or Wildfires

Home values

See prices of homes nearby the subject home, with color coding for those that are in the same price range, those that are above, and those that are below
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Most recent activity

Comparable sales

Comparable homes are properties that have recently sold in the same neighborhood or in the area that is close to the subject home, which have a value that can be used as a benchmark. No two homes are exactly alike, so key differences are highlighted for comparison purposes
+0.29%

More expensive than similar sales

-24.2 Score

Property condition score is lower than average

+1 Beds

Similar sales have 4 beds average

-419.2 sqft

This property has a smaller building size than average

-4 years

Older than similar properties

Recent sales nearby

Address Price Sale date Bed /Bath Home sqft Year built Lot sqft
1 547 Sugarpine Dr, Incline Village, NV 89451 $11,500,000 06/30/2022 6 / 6.0 8,316 2001 21,344
2 547 Sugarpine Dr, Incline Village, NV 89451 $1 06/30/2022 6 / 6.0 8,316 2001 21,344
3 557 Dale Dr, Incline Village, NV 89451 $6,350,000 08/28/2023 3 / 4.0 2,886 1968 18,382
4 535 Knotty Pine Dr, Incline Village, NV 89451 $2,630,000 07/17/2023 4 / 3.0 3,081 1995 23,086
5 560 Dale Dr, Incline Village, NV 89451 $3,000,000 06/15/2022 3 / 4.0 3,050 1984 18,295
6 580 Ponderosa Ave, Incline Village, NV 89451 $4,500,000 10/27/2022 5 / 4.0 4,675 2005 16,117
7 568 Tyner Way, Incline Village, NV 89451 $1,100,000 10/17/2022 3 / 2.0 1,212 1972 12,196

Address

Price

Sale date

Bed /Bath

Home sqft

Year built

Lot sqft

0/7

547 Sugarpine Dr, Incline Village, NV 89451

$11,500,000

06/30/2022

6 / 6.0

8,316

2001

21,344

547 Sugarpine Dr, Incline Village, NV 89451

$1

06/30/2022

6 / 6.0

8,316

2001

21,344

557 Dale Dr, Incline Village, NV 89451

$6,350,000

08/28/2023

3 / 4.0

2,886

1968

18,382

535 Knotty Pine Dr, Incline Village, NV 89451

$2,630,000

07/17/2023

4 / 3.0

3,081

1995

23,086

560 Dale Dr, Incline Village, NV 89451

$3,000,000

06/15/2022

3 / 4.0

3,050

1984

18,295

580 Ponderosa Ave, Incline Village, NV 89451

$4,500,000

10/27/2022

5 / 4.0

4,675

2005

16,117

568 Tyner Way, Incline Village, NV 89451

$1,100,000

10/17/2022

3 / 2.0

1,212

1972

12,196

Based on the values extracted from recently sold nearby homes, these properties built around the year 1989, on average consist of 4 bedrooms and 4 bathrooms. They typically offer a lot size of approximately 18,681 sqft with a building size of around 4,505 sqft, fetching a median sale price of $3,000,000.

See houses nearby 554 Silvertip Dr, Incline Village, NV 89451

Compare with similar properties:

Neighborhood schools

1
Incline Elementary School(Elementary)

Rating 4/10  |  Distance: 1.1 miles   |  Private

2
Kings Beach Elementary(Elementary)

Rating 5/10  |  Distance: 2.6 miles   |  Private

3
Incline Middle School(Middle)

Rating 4/10  |  Distance: 1.9 miles   |  Private

4
Lake Tahoe School(Middle)

Distance: 2.4 miles   |  Private

5
Saint Clare'S Tahoe: A Mountain Montessori School(Middle)

Distance: 3.6 miles   |  Private

6
Ischool(High)

Distance: 1.5 miles   |  Private

7
Incline High School(High)

Rating 5/10  |  Distance: 1.6 miles   |  Private

8
Ischool(High)

Distance: 3.0 miles   |  Private

Get the schools map and many more with an iHomeReport for $39.95Get an iHomeReport

As a trusted source of school data, we provide information and ratings from the U.S. Department of Education. Prospective buyers and renters can utilize this data as an initial resource in evaluating their preferred schools. To determine school enrollment eligibility, we advise you to conduct your own inquiries and reach out to schools or school districts directly for precise data. Kukun cannot guarantee the accuracy of this information.

Maintenance tasks

Seasonally adjusted

September

Have heating system checked and ducts cleaned
A servicing by a licensed HVAC professional can ensure that your system will work through extreme weather. Plus, significant dust build-up in ducts is common and can be a health hazard and aggravate those with allergies.

September

Drain sprinkler system to protect from freezing
Necessary to protect sprinklers from freezing because water expands as it freezes, which can cause pipes and other components of the sprinkler system to burst.

September

Check crawlspace for moisture

September

Examine and test the sump pump
This is important in order to prevent flooding and water damage in the home. Be prepared in advance so unusually heavy storms dont cause damage to your home and belongings.

Why?

A servicing by a licensed HVAC professional can ensure that your system will work through extreme weather. Plus, significant dust build-up in ducts is common and can be a health hazard and aggravate those with allergies.

See how

Are you the owner? get a free customized annual maintenance schedule with reminders when you claim your home.

FAQ for 554 Silvertip Dr, Incline Village, NV 89451

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