Great People. Great Places.

Parcel 1220-04-501-013

Owners

WATERLOO CORNER LLC

C/O WALTER SIMON MANAGER
562 BRONCO CT
INCLINE VILLAGE, NV 89451

Parcel Summary

Location 1343 N HWY 395
Use Code 400: General Commercial
Tax District 521: TOWN OF GARDNERVILLE
Acreage .7700
Section 04
Township 12
Range 20
Lot 1
Plat Maps 1220-04-5.pdf (429kb)
1220-04-5A.pdf (217kb)
1220-04-5B.pdf (290kb)
1220-04-5C.pdf (273kb)
Lineage Split from
0000-25-431-220

Value History

2025202420232022202120202019
Total Building Value$320,917$338,243$301,146$342,986$341,731$341,889$341,097
Total Extra Features Value$82,481$84,560$78,721$0$0$0$0
Total Secured Pers Prop$0$0$0$0$0$0$0
Total Land Value$268,000$268,000$268,000$268,000$268,000$268,000$268,000
Taxable Value$671,398$690,803$647,867$610,986$609,731$609,889$609,097
Net Exemptions Value$0$0$0$0$0$0$0
Net Assessed Value$234,989$241,781$226,753$213,845$213,406$213,461$213,184
New Improvements$0$0$0$0$0$0$0
New Land$0$0$0$0$0$0$0

Document/Transfer/Sales History

Instrument /
Official Record
DateQ/UTypeV/IDcl ValueOwnership
GBS 8366312014-01-10UGRANT BARGAIN SALE DEEDImproved$0Grantor: HUB FAMILY TRUST
Grantee: HUB FAMILY TRUST
AFF 8366302014-01-10UAFFIDAVIT TERM JOINT TENANCYImproved$0Grantor: HUB, DIANE GRACE
Grantee: HUB, OTTO
GBS 8303302013-09-10UGRANT BARGAIN SALE DEEDImproved$0Grantor: HUB FAMILY TRUST OF 1996
Grantee: WATERLOO CORNER LLC
AFF 8301142013-09-06UAFFIDAVIT TERM JOINT TENANCYImproved$0Grantor: HUB, DIANE
Grantee: HUB, OTTO TRUSTEE
GBS 8101532012-10-03UGRANT BARGAIN SALE DEEDImproved$0Grantor: HUBB FAMILY TRUST OF 1996 ETAL*
Grantee: HUB FAMILY TRUST OF 1996
AFF 7938812011-12-09UAFFIDAVIT TERM JOINT TENANCYImproved$0Grantor: SIMON, NANCY LOU
Grantee: SIMON, WALTER
GBS 7779422011-02-01UGRANT BARGAIN SALE DEEDImproved$0Grantor: SIMON, WALTER & NANCY
Grantee: SIMON LIVING TRUST
GBS 7093742007-09-18UGRANT BARGAIN SALE DEEDImproved$0Grantor: HUB, OTTO & DIANE 37.5%
Grantee: HUBB FAMILY TRUST OF 1996
GBS 7093732007-09-18UGRANT BARGAIN SALE DEEDImproved$0Grantor: HUB, OTTO
Grantee: HUB, OTTO & DIANE 37.5%
5090832001-02-21UImproved$0Grantor: HUB, DIANE D
Grantee: HUB, OTTO
5090822001-02-21QImproved$1,250,000Grantor: POLIS, JERRY E - GARDNERVILLE
Grantee: HUB, OTTO & POULSEN, GLEN ETAL*

Buildings

Building # 1, Section # 1, TACO BELL, Fast Food Restaurant

TypeModelHeated Sq FtRepl Cost NewYrBltWAYOther % DprNormal % Dpr% CondValue
COMM3491974$539,356199819980.00%40.50%59.50%$320,917

Structural Elements

TypeDescriptionCodeDetails
EW_CEXT WALL-Commercial892Stud Walls - Stucco On Wire Or Sheat
HEAT_CHEAT-Commercial612Warm/Cool Air
STNumber of Stories (COMM)1.00
WHAverage Wall Height (COMM)12.00
Subareas
TypeGross AreaPercent of BaseAdjusted Area
GBA1,974100%1,974

Extra Features

*RCNLD: Replacement Cost New, Less Depreciation

CodeDescriptionLengthWidthUnitsUnit PriceAYBRepl Cost% Good ConditionDpr Value*Final Value
CFWCONCRETE FLAT WORK3236.00$8.501998$27,50660%$16,366$16,366
ASPASPHALT16536.00$4.501998$74,41260%$44,275$44,275
VSIVSI - UNITS/1,00020.00$1,000.001998$20,00060%$11,900$11,900
VSI .5SITE IMP .515.00$500.001998$7,50060%$4,463$4,463
CCPM2CONCRETE COVERED PORCH-METAL - 262.00$27.501998$1,70560%$1,014$1,014
TRASHE2TRASH ENCLOSURE #21.00$7,500.001998$7,50060%$4,463$4,463

Land Lines

CodeDescriptionZoneFrontDepthUnitsUnit TypeRateAcreageSq FtTotal AdjValue
400General Commercial1.00SITE$268,000.000.7733,5411.00$268,000

Personal Property

AccountSecured/
Unsecured
OwnerDescription
CP011786UnsecuredTACO BELL #31869CP - COMMERCIAL PROPERTY

Photos

Disclaimer

All parcel data on this page is for use by the Douglas County Assessor for assessment purposes only. The summary data on this page may not be a complete representation of the parcel or of the improvements thereon. Building information, including unit counts and number of permitted units, should be verified with the appropriate building and planning agencies. Zoning information should be verified with the appropriate planning agency. All parcels are reappraised each year. This is a true and accurate copy of the records of the Douglas County Assessor's Office as of January 11, 2025.