NOT LISTED FOR SALE

1071 Modoc Way South Lake Tahoe, CA 96150

Estimated Value: $226,000 - $1,706,433

0.35 Acre
$2,551,737 Price per Acre
15,246 Sq Ft Lot

Last Sold June 11, 2021

Last sale price $250,000

Est. 257% increase in value since last sale

Current estimated payment $4,992/month

5 Days on Market

About This Lot

As of June 2021

This large 15,246 sqft level lot backs two US Forest lots with another US Forest lot to the right of the property. With an IPES score of 1015 and allowable coverage of 30%, the design possibilities are endless. Located within the Meyers Flats community which is extremely sought after for its close proximity to Tahoe Paradise Park, Lake Baron, and the Magnet Elementary School. Accepted building allocation reservation has been awarded by El Dorado County.

Last Agent to Sell the Property

Mackenzie Martin

Mountain Luxury Properties License #01406664 Listed on: 05/20/2021

Last Buyer's Agent

Leila Kuelper

Mountain Luxury Properties License #01976073

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,860

Lot Details

  • 0.35

Utilities

  • Utility District
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • 0.35 Acre Lot
  • Forest Views

Listing and Financial Details

  • Assessor Parcel Number 034382005000

Property Details

Property Type

Land

Est. Annual Taxes

$2,860

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype: Vacant w/Allocation
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • I P E S Score: 1015
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Views: Forest
  • Road: Paved

Utilities

  • Utilities: NaturalGasAvailable, City Water, City Sewer, Cable TV, High Speed Internet, Telephone
  • Electricity: Yes
  • Electric Location: 101' to 500' From PL
  • Natural Gas: Yes
  • Natural Gas Location: <100' From PL
  • Sewer Service: Utility District
  • Water: Utility District

Lot Info

  • Acres: 0.3500
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 15246.00
  • Price Per Acre: 714285.71
  • Percent Coverage: 30

Tax Info

  • Assessor Parcel Number: 034382005000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Jun 4, 2021
Sold by
Ochoa Gregory and Snyder Mallory
Bought by
Ruths Steve M
Seller's Agent
Mackenzie Martin
Mountain Luxury Properties
Buyer's Agent
Leila Kuelper
Mountain Luxury Properties
List Price
$265,000
Sold Price
$250,000
Premium/Discount to List
-$15,000
-5.66%
Current Estimated Value
$893,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$643,108
Avg. Annual Appreciation
34.28%

Purchase Details

Listed on
Jan 17, 2020
Closed on
Feb 4, 2020
Sold by
Sarles Georgette and Sarles Dino
Bought by
Ochoa Gregory and Snyder Mallory
Seller's Agent
Brandie Griffith
Realty World Lake Tahoe
Buyer's Agent
Gregory Ochoa
Mountain Luxury Properties
List Price
$99,999
Sold Price
$95,000
Premium/Discount to List
-$4,999
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
105.87%
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
Ruths Steve M $250,000 Placer Title Company
Ochoa Gregory $95,000 Placer Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/11/2021 06/11/21 Sold $250,000 -5.7% --
05/25/2021 05/25/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $265,000 +178.9% --
02/07/2020 02/07/20 Sold $95,000 -5.0% -- View Prior Sale
01/22/2020 01/22/20 Pending -- -- --
01/17/2020 01/17/20 For Sale $99,999 -- --
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 $2,860 $640,608 $270,608 $370,000
2024 $2,860 $265,302 $265,302 --
2023 $2,810 $260,100 $260,100 $0
2022 $2,782 $255,000 $255,000 $0
2021 $1,083 $95,984 $95,984 $0
2020 $118 $6,302 $6,302 $0
2019 $118 $6,179 $6,179 $0
2018 $115 $6,058 $6,058 $0
2017 $114 $5,940 $5,940 $0
2016 $112 $5,824 $5,824 $0
2015 $107 $5,738 $5,738 $0
2014 $107 $5,627 $5,627 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 134239

South Tahoe Association of REALTORS®

APN: 034-382-005-000