NOT LISTED FOR SALE

1042 Herbert Ave South Lake Tahoe, CA 96150

Estimated Value: $434,000 - $550,000

0.34 Acre
$1,460,015 Price per Acre
15,002 Sq Ft Lot

Last Sold July 12, 2012

Last sale price $50,000

Est. 906% increase in value since last sale

Current estimated payment $2,958/month

140 Days on Market

About This Lot

As of July 2012

These two separate, but contiguous undeveloped parcels of land are being listed and sold simultaneously, locate in the middle of South Lake Tahoe, 1/2 block S. of Lake Tahoe Blvd. and 1 block west of the Ski Run intersection. Land area is 28,500 plus/minus sq. ft. TRPA recognizes and has banked a total land coverage of 10,302 sq. ft. (thus a 37.17 percent total land coverage) Further that coverage consists of 5,322 sq. ft. of hard cover and 4985 sq. ft. of soft cover.

Last Agent to Sell the Property

David Seifert

Deb Howard & Co License #01881896 Listed on: 01/27/2012

Last Buyer's Agent

David Seifert

Deb Howard & Co License #01881896 Listed on: 01/27/2012

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,590

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 150x100
  • Property is zoned Multi Family

Utilities

  • Utility District

Community Details

  • Harlow Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 027111021000

Property Details

Property Type

Land

Est. Annual Taxes

$1,590

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype: Vacant Land
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • T R P A Comments: 10,307 sqft coverage for both parcels combined
  • T R P A Land Cap Study: Yes
  • Date T R P A Completed: 05/12/2002
  • Directions: West side of Herbert Ave approx 1/2 block South of Lake Tahoe Blvd
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: Harlow Acres
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road: Paved

Utilities

  • Utilities: NaturalGasAvailable, City Water, City Sewer
  • Electric Location: <100' From PL
  • Natural Gas: Yes
  • Natural Gas Location: <100' From PL
  • Sewer Service: Utility District

Lot Info

  • Acres: 0.3444
  • Lot Dimensions: 150x100
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 15000.00
  • Price Per Acre: 145180.02
  • Zoning: Multi Family
  • Percent Coverage: 36

Tax Info

  • Annual Taxes: 1590.48
  • Assessor Parcel Number: 027111021000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2012
Closed on
Jul 9, 2012
Sold by
Dangelo Valerie A and The Valerie A Dangelo Revocabl
Bought by
Penn Russell and The Russell C Penn Family Trus
Seller's Agent
David Seifert
Deb Howard & Co
Buyer's Agent
David Seifert
Deb Howard & Co
List Price
$139,500
Sold Price
$50,000
Premium/Discount to List
-$89,500
-64.16%
Current Estimated Value
$502,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$452,829
Avg. Annual Appreciation
18.95%

Purchase Details

Closed on
Jun 29, 2010
Sold by
Dangelo Valerie A
Bought by
Dangelo Valerie A and Valerie A Dangelo Revocable Tr

Purchase Details

Closed on
Nov 19, 2009
Sold by
Dangelo J L J and Dangelo Valerie A
Bought by
Dangelo Valerie A

Purchase Details

Closed on
Jun 28, 2002
Sold by
Dangelo Joseph L and Dangelo Valerie A
Bought by
Dangelo J L J and Dangelo Valerie A
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Penn Russell $100,000 Old Republic Title Company
Dangelo Valerie A -- None Available
Dangelo Valerie A -- None Available
Dangelo J L J -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2012 07/12/12 Sold $50,000 -64.2% --
06/15/2012 06/15/12 Pending -- -- --
01/27/2012 01/27/12 For Sale $139,500 -- --
Source: South Tahoe Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,850 $361,530 $43,093 $318,437
2024 $3,850 $354,443 $42,249 $312,194
2023 $3,783 $347,494 $41,421 $306,073
2022 $3,746 $340,681 $40,609 $300,072
2021 $3,688 $334,002 $39,813 $294,189
2020 $3,635 $330,578 $39,405 $291,173
2019 $3,618 $324,097 $38,633 $285,464
2018 $3,538 $317,743 $37,876 $279,867
2017 $3,482 $311,514 $37,134 $274,380
2016 $585 $46,805 $36,406 $10,399
2015 $557 $46,104 $35,860 $10,244
2014 $557 $45,203 $35,158 $10,045
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 118865

South Tahoe Association of REALTORS®

APN: 027-101-013-000