NOT LISTED FOR SALE

1124 Martin Ave South Lake Tahoe, CA 96150

Estimated Value: $211,495 - $593,000

0.11 Acre
$3,480,673 Price per Acre
4,792 Sq Ft Lot

Last Sold December 05, 2023

Last sale price $110,000

Est. 248% increase in value since last sale

Current estimated payment $2,197/month

39 Days on Market

About This Lot

As of December 2023

Nestled in the heart of South Lake Tahoe's serene and picturesque surroundings, this prime lot at 1124 Martin Ave offers a unique opportunity to build your dream home or investment property. With its convenient location, natural beauty, and endless recreational possibilities, this lot is a canvas awaiting your vision.Situated in the desirable Sierra Tract community of South Lake Tahoe,1124 Martin Ave is ideally located for those seeking the perfect blend of tranquility and convenience. Just a short drive away from the sparkling waters of Lake Tahoe, this lot promises year-round access to outdoor adventures. The area is known for its proximity to world-class ski resorts, hiking trails, golf courses, and a vibrant downtown with dining, shopping, and entertainment options.Details- 30% coverage and 844 IPES score and approx 5000sf lot per TRPA, allows for an ample sized home. Extremely competitively priced for quick sale.South Lake Tahoe is a thriving destination year-round, attracting tourists and outdoor enthusiasts alike. Investing in this lot offers not only the chance to build a dream home but also the potential for rental income through long-term rentals. The lot's central location means you're never far from amenities like grocery stores, restaurants, and recreational facilities. South Lake Tahoe offers a range of dining options, from cozy cafes to upscale restaurants, providing culinary experiences to suit every taste.Don't miss out on the opportunity to make this beautiful lot your own and become a part of the vibrant South Lake Tahoe community. Create your vision of a mountain retreat or investment property and start enjoying the unparalleled beauty and recreational opportunities this location has to offer.

Last Agent to Sell the Property

Michelle Keck

Compass License #01401898 Listed on: 10/18/2023

Compass

Last Buyer's Agent

Angie Mizgireva

eXp Realty of California License #02018498

eXp Realty of California

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,207

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 031163002000

Property Details

Property Type

Land

Est. Annual Taxes

$1,207

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.
  • I P E S Score: 844
  • Directions: From Hwy 50/Lake Tahoe Blvd, Turn onto Carson Ave, left onto Knox, and right onto Martin. Property is on the right.
  • OFFICELIST_STATE: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road: Paved

Utilities

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

Lot Info

  • Acres: 0.1100
  • Lot Dimensions: 50 x 100
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 4792.00
  • Price Per Acre: 1000000.00
  • Zoning: Single Family
  • Percent Coverage: 30

Tax Info

  • Assessor Parcel Number: 031163002000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2023
Closed on
Dec 1, 2023
Sold by
Korbas Laura Lee
Bought by
Konya Living Trust and Look
Seller's Agent
Michelle Keck
Compass
Buyer's Agent
Angie Mizgireva
eXp Realty of California
List Price
$127,000
Sold Price
$110,000
Premium/Discount to List
-$17,000
-13.39%
Views
26
Current Estimated Value
$382,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,874
Avg. Annual Appreciation
77.25%
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
Konya Living Trust $110,000 First American Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2023 12/05/23 Sold $110,000 -13.4% --
11/26/2023 11/26/23 Pending -- -- --
10/18/2023 10/18/23 For Sale $127,000 -- --
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
2024 $1,207 $110,000 $110,000 --
2023 $146 $9,732 $9,732 $0
2022 $144 $9,542 $9,542 $0
2021 $142 $9,355 $9,355 $0
2020 $140 $9,260 $9,260 $0
2019 $139 $9,079 $9,079 $0
2018 $136 $8,901 $8,901 $0
2017 $134 $8,727 $8,727 $0
2016 $131 $8,556 $8,556 $0
2015 $125 $8,429 $8,429 $0
2014 $125 $8,265 $8,265 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 139510

South Tahoe Association of REALTORS®

APN: 031-163-002-000