NOT LISTED FOR SALE

1125 Reno Ave South Lake Tahoe, CA 96150

Estimated Value: $356,000 - $411,000

2 Beds
1 Bath
608 Sq Ft
$619/Sq Ft Est. Value

Last Sold February 25, 2016

Last sale price $193,000 $317 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $2,254/month

27 Days on Market

Highlights

  • RV Access or Parking
  • Great Room
  • Laundry Room
  • Deck
  • Patio
  • Shed

About This Home

As of February 2016

This is the best deal on a single family home in South Lake Tahoe. Charming Cabin-Great Location. Close to Lake Tahoe, Ski resorts, restaurants and casinos. This cottage style cabin features a living room open to the kitchen and dining room. There is one bedroom downstairs along with the bathroom. Upstairs is a bedroom and an additional room that could be used for storage or sleeping quarters. The laundry room has been recently added. The front deck is great for gathering and can accommodate many people. The storage shed is large and is in good shape. One of few properties that is in this price range and is Move in Ready. Come take a look today!

Last Agent to Sell the Property

Jana Nelson

Compass License #01429320 Listed on: 12/15/2015

Compass

Last Buyer's Agent

Jennifer Fortune

Chase International - South La License #01893501

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,949

Year Built

  • Built in 1954

Lot Details

  • 5,009 Sq Ft Lot
  • Fenced
  • Natural State Vegetation
  • Property is zoned Other/See Remarks

Parking

  • RV Access or Parking

Home Design

  • Slab Foundation
  • Pitched Roof
  • Metal Roof
  • Masonry Siding

Interior Spaces

  • 608 Sq Ft Home
  • 2-Story Property
  • Great Room
  • Laundry Room

Kitchen

  • Electric Range
  • Built-In Microwave
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Patio
  • Shed

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Tahoe Sierra 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 031-154-08-100

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,949

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Style: Cabin
  • Additional Features: Open Beam
  • Countertops: Laminate
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Stories: 2
  • Year Built: 1954
  • Directions: Lake Tahoe Blvd to Reno Ave
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: Tahoe Sierra 3
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Carpet, Laminate
  • Windows: Single Pane
  • Bedrooms: 2
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen: Garbage Disposal, Microwave Built-in, Electric Range
  • Additional Rooms: Great Room
  • Laundry Location: Laundry Room
  • Price Per Square Foot: 317.43
  • Square Footage: 608.00

Exterior Features

  • Construction: Masonry
  • Exterior: RV Access/Parking, Storage Shed
  • Fenced: Yes
  • Foundation: Slab
  • Landscaped: Natural
  • Patio Deck: Deck, Uncovered
  • Roof: Pitched, Metal

Utilities

  • Heating/Cooling: Forced Air
  • Utilities: ElectricityAvailable, NaturalGasAvailable, City Water, City Sewer, Cable TV, Telephone, High Speed Internet
  • Water Heater: Natural Gas

Lot Info

  • Acres: 0.1150
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 5009.00
  • Price Per Acre: 1678260.87
  • Zoning: Other/See Remarks

Tax Info

  • Annual Taxes: 1949.00
  • Assessor Parcel Number: 031-154-08-100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2021
Sold by
Austin Michael N and Austin Diana M
Bought by
Austin Michael N and Austin Diana M
Current Estimated Value
$376,562

Purchase Details

Listed on
Dec 15, 2015
Closed on
Feb 19, 2016
Sold by
Rajabi Batoul and Misaghi Shahrokh
Bought by
Austin Diana M and Austin Michael N
Seller's Agent
Jana Nelson
Compass
Buyer's Agent
Jennifer Fortune
Chase International - South La
List Price
$209,000
Sold Price
$193,000
Premium/Discount to List
-$16,000
-7.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.71%
Original Mortgage
$154,400
Outstanding Balance
$124,913
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$233,285

Purchase Details

Closed on
Aug 28, 2006
Sold by
Munson Lee M and Munson Beverly M
Bought by
Misaghi Shahrokh and Rajabi Batoul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,400
Interest Rate
6.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 1993
Sold by
Munson Lee and Munson Beverly
Bought by
Munson Lee M and Munson Beverly M
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
Austin Michael N -- None Available
Austin Diana M $193,000 Old Republic Title Company
Misaghi Shahrokh $250,000 First American Title
Munson Lee M -- Pacific Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Austin Diana M $154,400
Previous Owner Misaghi Shahrokh $178,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2016 02/25/16 Sold $193,000 -7.7% $317 / Sq Ft
01/11/2016 01/11/16 Pending -- -- --
12/15/2015 12/15/15 For Sale $209,000 -- $344 / 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 $2,470 $228,465 $65,105 $163,360
2024 $2,470 $223,986 $63,829 $160,157
2023 $2,427 $219,595 $62,578 $157,017
2022 $2,404 $215,290 $61,351 $153,939
2021 $2,367 $211,070 $60,149 $150,921
2020 $2,333 $208,907 $59,533 $149,374
2019 $2,322 $204,812 $58,366 $146,446
2018 $2,271 $200,797 $57,222 $143,575
2017 $2,236 $196,860 $56,100 $140,760
2016 $2,191 $170,000 $112,000 $58,000
2015 $1,949 $170,000 $112,000 $58,000
2014 $1,501 $132,000 $40,000 $92,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 125220

South Tahoe Association of REALTORS®

APN: 031-154-008-000