NOT LISTED FOR SALE

1048 Cellador Rd Unit A & B South Lake Tahoe, CA 96150

Estimated Value: $448,000 - $548,000

3 Beds
3 Baths
704 Sq Ft
$696/Sq Ft Est. Value

Last Sold January 11, 2018

Last sale price $325,000 $462 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,896/month

32 Days on Market

Highlights

  • Double Pane Windows
  • Wood Siding
  • 4-minute walk to Van Sickle Bi-State Park
  • Shed

About This Home

As of January 2018

Low-priced, high-value income property! Two homes on a double lot nestled in the trees and walking distance to Stateline. Unit A is a 2 BD plus loft, 1.5 BA. Unit B is a 1 BD, 1 BA with a mud room for laundry hookup. Upgrades include granite kitchen counters, modern cabinets, stainless appliances and fresh interior paint. Free standing storage shed and lots of space for parking on the property. Very well maintained by previous and current tenants. Unit B is currently rented for $1000/month.

Last Agent to Sell the Property

Erin Spicer

Coldwell Banker Select R.E. License #01922203 Listed on: 11/10/2017

Coldwell Banker Select R.E.

Last Buyer's Agent

Robert Stiles

Tahoe South Realty License #01279125

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,936

Year Built

  • Built in 1954

Lot Details

  • 10,472

Home Design

  • Duplex
  • Slab Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 3 Bedrooms
  • 704 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows

Utilities

  • Heating System Mounted To A Wall or Window
  • Natural Gas Water Heater

Additional Features

  • Shed
  • 10,472 Sq Ft Lot

Community Details

  • 2 Units
  • Pinewood Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 029-381-22-100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,936

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Duplex
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Year Built: 1954
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: Pinewood Terrace
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Windows: Double Pane
  • Bedrooms: 3
  • Price Per Square Foot: 461.65
  • Square Footage: 704.00
  • Number Of Stories: Two Story

Exterior Features

  • Construction: Wood Frame, Wood Siding
  • Foundation: Slab
  • Roof: Pitched, Metal
  • Exterior Features: Storage Shed

Utilities

  • Heating/Cooling: Wall or Space Heater
  • Utilities: NaturalGasAvailable, City Sewer, Water Meter
  • Water Heater: Natural Gas

Association/Amenities

  • Entry Level Unit: A & B

Lot Info

  • Acres: 0.2404
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 10472.00
  • Price Per Acre: 1351913.48

Rental Info

  • Rental Agrmton File: Yes

Tax Info

  • Assessor Parcel Number: 029-381-22-100

Multi Family

  • Total Units: 2
  • First Unit Bedrooms Bathrooms: 2 Beds 1.5 Baths
  • Unit 2 Bedrooms Bathrooms: 1 Bed - 1 Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2021
Sold by
Creamer Regina R and Creamer Robert Michael
Bought by
Creamer Regina R and Creamer Robert Michael
Current Estimated Value
$489,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,000
Outstanding Balance
$178,713
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$311,069

Purchase Details

Closed on
Aug 6, 2019
Sold by
Creamer Regina R and Creamer Robert Michael
Bought by
Creamer Regina R and Creamer Robert Michael

Purchase Details

Listed on
Nov 10, 2017
Closed on
Jan 5, 2018
Sold by
Chian Shou Inc
Bought by
Creamer Regina R and Creamer Robert Michael
Seller's Agent
Erin Spicer
Coldwell Banker Select R.E.
Buyer's Agent
Robert Stiles
Tahoe South Realty
List Price
$329,000
Sold Price
$325,000
Premium/Discount to List
-$4,000
-1.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.41%
Original Mortgage
$243,750
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2016
Sold by
Bincal Holding Llc
Bought by
Chian Shou Inc

Purchase Details

Closed on
Nov 8, 2011
Sold by
West Investment Group Llc
Bought by
Bincal Holding Llc

Purchase Details

Closed on
Aug 2, 2011
Sold by
Mei Jie
Bought by
West Investment Group Llc

Purchase Details

Closed on
Nov 5, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Mei Jie

Purchase Details

Closed on
Sep 8, 2010
Sold by
Hudman Eric
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 10, 2000
Sold by
Sanderson David and Sanderson Marylynn
Bought by
Hudman Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,100
Interest Rate
8.18%
Source: Public Records

Range of Values:

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Average Value
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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
Creamer Regina R -- Fidelity Natl Ttl Co Of Ca
Creamer Regina R -- Fidelity Natl Ttl Co Of Ca
Creamer Regina R -- None Available
Creamer Regina R $325,000 First American Title Company
Chian Shou Inc -- None Available
Bincal Holding Llc -- None Available
West Investment Group Llc -- None Available
Mei Jie $112,000 First American Title Ins Co
Federal Home Loan Mortgage Corporation $91,011 Accommodation
Hudman Eric $129,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Creamer Regina R $239,000
Closed Creamer Regina R $243,750
Previous Owner Hudman Eric $116,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2018 01/11/18 Sold $325,000 -1.2% $462 / Sq Ft
12/12/2017 12/12/17 Pending -- -- --
11/10/2017 11/10/17 For Sale $329,000 -- $467 / Sq Ft
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 $3,936 $369,790 $113,781 $256,009
2024 $3,936 $362,540 $111,550 $250,990
2023 $3,861 $355,432 $109,363 $246,069
2022 $3,829 $348,464 $107,219 $241,245
2021 $3,770 $341,632 $105,117 $236,515
2020 $3,716 $338,130 $104,040 $234,090
2019 $3,698 $331,500 $102,000 $229,500
2018 $2,455 $217,770 $56,100 $161,670
2017 $5,264 $213,500 $55,000 $158,500
2016 $3,052 $141,644 $74,271 $67,373
2015 $3,399 $139,518 $73,156 $66,362
2014 $2,317 $136,787 $71,724 $65,063
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 128495

South Tahoe Association of REALTORS®

APN: 029-381-022-000