987 Chip Ct
Incline Village, NV 89451
3 bd 4 ba 3,546 sqft Built 1975 Lot 18,034 sqft single_family
Most recent sale
$2,995,000
Jan 7, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 7, 2022 | Sold | $2,995,000 | MLS #1009929 |
| Mar 14, 1997 | Sold | $725,000 | Public Record |
| Sep 24, 1993 | Sold | $685,000 | Public Record |
| Jun 1, 1983 | Sold | $335,000 | Public Record |
| May 1, 1977 | Sold | $124,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $133,844 | $332,500 | $466,344 | $14,682 |
| 2024 | $142,608 | $282,625 | $425,233 | $13,369 |
| 2023 | $137,242 | $266,000 | $403,242 | $9,747 |
| 2022 | $123,627 | $232,750 | $356,377 | $13,176 |
| 2021 | $123,495 | $216,125 | $339,620 | $12,604 |
| 2020 | $123,893 | $216,125 | $340,018 | $12,660 |
| 2019 | $123,035 | $216,125 | $339,160 | $12,552 |
| 2018 | $120,968 | $216,125 | $337,093 | $12,047 |
| 2017 | $121,756 | $199,500 | $321,256 | $11,595 |
| 2016 | $125,301 | $182,875 | $308,176 | $11,322 |
| 2015 | $120,082 | $182,875 | $302,957 | $11,301 |
| 2014 | $125,484 | $182,875 | $308,359 | $11,021 |
| 2013 | $121,394 | $166,250 | $287,644 | $10,724 |
| 2012 | $122,173 | $166,250 | $288,423 | $10,800 |
| 2010 | $114,759 | $166,250 | $281,009 | $10,916 |
| 2009 | $120,670 | $183,155 | $303,825 | $11,548 |
| 2008 | $123,818 | $239,400 | $363,218 | $13,571 |
| 2007 | $122,573 | $266,000 | $388,573 | $12,733 |
Property facts
Year built
1975
Property type
single_family
Stories
2
Beds
3
Baths
4
Living area
3,546 sqft
Lot size
18,034 sqft
ZIP code
89451
City
Incline Village
Street
Chip Ct
Coordinates
39.25039, -119.93760
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$17,970
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 987 Chip Ct last sell?
987 Chip Ct most recently sold on Jan 7, 2022 for $2,995,000.
What is the current tax assessment for 987 Chip Ct?
The most recent total assessment for 987 Chip Ct (year 2025) is $466,344 with $14,682 in property tax.
How does 987 Chip Ct's assessment compare to its last sale price?
The current assessment is 84.4% below the last sale price of $2,995,000.
When was 987 Chip Ct built?
987 Chip Ct was built in 1975.
How does 987 Chip Ct compare to others on Chip Ct?
We track 1 other property on Chip Ct. Browse the list under "Other properties on Chip Ct" to compare beds, baths, and sale history.
What are the property facts for 987 Chip Ct?
987 Chip Ct is a 3 bed, 4 bath, 3,546 sqft, 18,034 sqft lot single_family.
Is 987 Chip Ct a flip candidate?
No — 987 Chip Ct does not appear in our flips dataset.
Is 987 Chip Ct a tax-appeal candidate?
No — 987 Chip Ct is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
0.0%
Implied 1-yr
0.0%
2026 Q3
$2.45M
2026 Q4
$2.45M
ZIP 89451 — Median Price History + Forecast
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Geography
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