NOT LISTED FOR SALE

1063 Lanny Ln Tahoe City, CA 96145

Estimated Value: $2,922,000 - $3,849,389

7 Beds
7 Baths
5,964 Sq Ft
$567/Sq Ft Est. Value

Last Sold August 17, 2018

Last sale price $2,150,000 $360 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $20,582/month

455 Days on Market

Highlights

  • Two Primary Bedrooms
  • Mountain View
  • Living Room with Fireplace
  • Tahoe Lake Elementary School Rated A-
  • Deck
  • Recreation Room

About This Home

As of August 2018

Great corner location with views from this expansive 8Br/8.5Ba home located on two residential lots. Upper level has large living/dining great room with fireplace, kitchen, wet bar, and 6 bedrooms each with their own bath. Lower floor has large recreation room with Olympic era bar, wine storage room and half bath, along with 2 bedrooms each with their own bath. Plenty of off street parking with a 3 car garage.

Last Agent to Sell the Property

Larry Lawrence

Lawrence Realty License #00478247 Listed on: 02/06/2017

Last Buyer's Agent

Jenna Belden

COMPASS License #01863303

COMPASS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,935

Year Built

  • Built in 1959

Lot Details

  • Corner Lot
  • Gentle Sloping Lot

Parking

  • 3 Car Attached Garage

Property Views

  • Mountain
  • Meadow

Interior Spaces

  • 5,964 Sq Ft Home
  • 2-Story Property
  • Furniture Can Be Negotiated
  • Great Room
  • Living Room with Fireplace
  • Recreation Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Double Master Bedroom
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Propane
  • Utility District

Community Details

  • Squaw Valley Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,935

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Age: 50+ Years
  • Estimated Lot Size: .51 - .755
  • Community: Squaw Valley
  • Directions: Corner of Russell Road and Lanny Lane
  • Service Type: Full Service
  • Setting: Street
  • Sub-Area: 6SV
  • Sub-Status: Standard
  • Topography: Corner, Gentle
  • Year Built: 1959
  • Other: High Ceilings, Hot Tub, Wine Room
  • Sewer: Utility District
  • Estimated Sq Ft: OWNER
  • Architecture: Other
  • Sign YN: y
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Heating: Propane, CFAH
  • Estimated Sq Ft: 5964
  • Stories: Two
  • Water Company: SVPSD
  • Gas: Propane
  • Water: Water Company
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Bonus Rooms: Great Room, Rec Room, 2 Or More Master Bedrooms
  • Fireplace: Living Room, Family Room
  • Furnished: Negotiable
  • Bathrooms: 7+
  • Bedrooms: 7+
  • Floor Coverings: Carpet, Other, Wood

Exterior Features

  • View: Mountain, Ski Resort, Meadow
  • Roof: Other
  • Decks: 1
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: Three
  • Garage/Parking: Attached

Utilities

  • Laundry: Room

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2017
Closed on
Aug 10, 2018
Sold by
Melen Steven and Warrin Paul
Bought by
Malek Shohreh
Seller's Agent
Larry Lawrence
Lawrence Realty
Buyer's Agent
Jenna Belden
COMPASS
List Price
$2,800,000
Sold Price
$2,150,000
Premium/Discount to List
-$650,000
-23.21%
Current Estimated Value
$3,380,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,230,847
Avg. Annual Appreciation
6.64%

Purchase Details

Closed on
Feb 19, 2015
Sold by
Melen Steven and Sullivan Deborah L
Bought by
Melen Steven and Sullivan Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
2.59%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 1, 2001
Sold by
Wright Marsha Monro
Bought by
Wright John L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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
Malek Shohreh $2,150,000 Placer Title Co
Melen Steven -- First American Title
Wright John L -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Melen Steven $1,000,000
Previous Owner Wright John L $1,525,000
Previous Owner Wright John L $1,479,000
Previous Owner Wright John L $1,500,000
Previous Owner Wright John L $200,000
Previous Owner Wright John L $960,000
Previous Owner Wright John L $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Sold $2,150,000 -23.2% $360 / Sq Ft
05/07/2018 05/07/18 Pending -- -- --
02/06/2017 02/06/17 For Sale $2,800,000 -- $469 / Sq Ft
Source: Tahoe Sierra Board 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 $25,935 $2,398,362 $725,085 $1,673,277
2023 $25,935 $2,305,232 $696,930 $1,608,302
2022 $25,230 $2,260,032 $683,265 $1,576,767
2021 $24,267 $2,215,718 $669,868 $1,545,850
2020 $24,316 $2,193,000 $663,000 $1,530,000
2019 $24,580 $2,150,000 $650,000 $1,500,000
2018 $15,338 $1,379,880 $441,561 $938,319
2017 $15,053 $1,352,824 $432,903 $919,921
2016 $14,902 $1,326,299 $424,415 $901,884
2015 $14,607 $1,306,377 $418,040 $888,337
2014 $14,180 $1,280,788 $409,852 $870,936
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20173125

Tahoe Sierra Board of REALTORS®

APN: 096-180-039