NOT LISTED FOR SALE

1077 Herbert Ave South Lake Tahoe, CA 96150

Estimated Value: $513,000 - $529,071

3 Beds
1 Bath
1,400 Sq Ft
$373/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $375,000 $268 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,190/month

24 Days on Market

Highlights

  • Deck
  • Fireplace
  • Shed
  • Furnished
  • Patio
  • Baseboard Heating

About This Home

As of September 2020

Great in town location for this classic Tahoe cabin owned by the same family since 1955. This cabin is looking for the right buyer with the vision to make it their own (a larger parcel in HDR zoned area make for some interesting possibilities). Walk or bike to the new Whole Foods center, local shops, restaurants, shopping, beach, and nightlife. See 3D virtual tour (grab your VR goggles for an immersive tour experience) https://my.matterport.com/show/?m=5FBcxpXCMwm&mls=1 Click PLAY button once tour loads for Guided Walkthru.

Last Agent to Sell the Property

Jesse Schue

RE/MAX Gold - SLT License #01356952 Listed on: 07/08/2020

RE/MAX Gold - SLT

Last Buyer's Agent

Member Non

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,310

Year Built

  • Built in 1955

Lot Details

  • 9,583 Sq Ft Lot
  • Natural State Vegetation
  • Property is zoned Other/See Remarks

Home Design

  • Wood Frame Construction
  • Pitched Roof
  • Metal Roof

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Patio
  • Shed

Utilities

  • Baseboard Heating
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Lodi Pines Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 027202001000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,310

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Additional Features: Furnished Per Invtry
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Stories: 1
  • Year Built: 1955
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: Lodi Pines
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Fireplace Description: Open Fireplace
  • Price Per Square Foot: 267.86
  • Square Footage: 1400.00

Exterior Features

  • Construction: Wood Frame
  • Exterior: Storage Shed
  • Landscaped: Natural
  • Patio Deck: Deck, Uncovered
  • Roof: Pitched, Metal

Utilities

  • Heating/Cooling: Baseboard, Fireplace
  • Utilities: ElectricityAvailable, NaturalGasAvailable, City Water, City Sewer, Cable TV, Telephone, High Speed Internet

Lot Info

  • Acres: 0.2200
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 9583.00
  • Price Per Acre: 1704545.45
  • Zoning: Other/See Remarks

Tax Info

  • Assessor Parcel Number: 027202001000

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2020
Closed on
Aug 28, 2020
Sold by
Heinbockel Ronald G and Heinbockel Mereoni Mece
Bought by
Lambert Michael and Lambert Sylwia
Seller's Agent
Jesse Schue
RE/MAX Gold - SLT
Buyer's Agent
Member Non
Non Member Office
List Price
$395,000
Sold Price
$375,000
Premium/Discount to List
-$20,000
-5.06%
Current Estimated Value
$539,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,706
Avg. Annual Appreciation
6.65%
Original Mortgage
$375,000
Outstanding Balance
$333,399
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$189,119

Purchase Details

Closed on
Aug 22, 2013
Sold by
Heinbockel Ronald G
Bought by
Heinbockel Ronald G and Heinbockel Mereoni Mece

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2010
Sold by
Heinbockel Mereoni Mece
Bought by
Heinbockel Ronald G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2005
Sold by
Heinbockel Edna C
Bought by
Heinbockel Edna C and Heinbockel Ronald G

Purchase Details

Closed on
Mar 11, 1996
Sold by
Mocettini Grace M and Heinbockel Edna C
Bought by
Mocettini Grace M and Heinbockel Edna C
Source: Public Records

Range of Values:

Collateral Analytics

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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
Lambert Michael $375,000 Placer Title Company
Heinbockel Ronald G -- First American Title Company
Heinbockel Ronald G -- Fidelity National Title Co
Heinbockel Edna C -- --
Mocettini Grace M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lambert Michael $375,000
Previous Owner Heinbockel Ronald G $122,000
Previous Owner Heinbockel Ronald G $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2020 09/04/20 Sold $375,000 -5.1% $268 / Sq Ft
08/01/2020 08/01/20 Pending -- -- --
07/08/2020 07/08/20 For Sale $395,000 -- $282 / 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 $4,310 $405,910 $81,181 $324,729
2024 $4,310 $397,952 $79,590 $318,362
2023 $4,235 $390,150 $78,030 $312,120
2022 $4,194 $382,500 $76,500 $306,000
2021 $4,129 $375,000 $75,000 $300,000
2020 $1,474 $128,639 $39,838 $88,801
2019 $1,467 $126,117 $39,057 $87,060
2018 $1,435 $123,645 $38,292 $85,353
2017 $1,414 $121,222 $37,542 $83,680
2016 $1,386 $118,846 $36,806 $82,040
2015 $1,317 $117,062 $36,254 $80,808
2014 $1,317 $114,771 $35,545 $79,226
Source: Public Records

Agents Affiliated with this Home

  • Jesse Schue

    Seller's Agent in 2020

    Jesse Schue

    RE/MAX

    (530) 307-8832

    33 in this area

    45 Total Sales

    Jesse Schue
    Section Image

  • M

    Buyer's Agent in 2020

    Member Non

    Non Member Office

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 132690

South Tahoe Association of REALTORS®

APN: 027-202-001-000

California El Dorado County South Lake Tahoe 96150

1077 Herbert Ave, South Lake Tahoe, CA

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South Tahoe Association of REALTORS® Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.
© Copyright South Tahoe Association of Realtors.

Based on information from the South Tahoe Association of REALTORS® MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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