NOT LISTED FOR SALE

1198 Margaret Ave South Lake Tahoe, CA 96150

Estimated Value: $425,000 - $532,000

2 Beds
1 Bath
928 Sq Ft
$523/Sq Ft Est. Value

Last Sold November 25, 2013

Last sale price $250,000 $269 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,819/month

138 Days on Market

Highlights

  • Granite Countertops
  • Double Pane Windows
  • Landscaped
  • 2 Car Attached Garage
  • Patio
  • Forced Air Heating System

About This Home

As of November 2013

Great location great neighborhood away from the hustle and bustle of in-town living, yet just minutes away from shopping, mountain & lake sports, entertainment & local schools. The perfect starter home for the family wanting to just move in & not have to do a lot of work. This cute little home has a new kitchen with new cabinets, granite counter tops & stainless steel appliances. The kitchen walls were stripped to the studs & electrical updated to code. All the windows have been replaced with white, dual-pane vinyl windows that meet the new ingress & egress codes. The single-garage door was replaced with a full-size door; plus there is a new tank-less water heater in the garage, which can be easily heat the garage by opening the vent. It also has a new bathroom, fireplace insert, and exterior granite-rock wane's coating. It comes with a fenced backyard and patio for outdoor cooking & entertaining. No lead-paint or asbestos found when popcorn ceiling was removed; reports on file.

Last Agent to Sell the Property

Linda Szendrey

Chase International License #01423621 Listed on: 06/07/2013

Chase International

Last Buyer's Agent

Brent Johnson

Chase International - South La License #01474921

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,732

Year Built

  • Built in 1973

Lot Details

  • 5,017 Sq Ft Lot
  • Fenced
  • Landscaped

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 928 Sq Ft Home
  • 1-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Laundry in Garage

Kitchen

  • Oven
  • Gas Range
  • Built-In Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Community Details

  • Armstrong 7 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 032-281-48-10

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,732

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Style: Ranch
  • Additional Features: Garage Door Opener
  • Countertops: Granite, Slab
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Stories: 1
  • Year Built: 1973
  • Directions: Off Hwy 50 past K-Mart; turn right on D Street and left on Margaret Ave
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: Armstrong 7
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Carpet, Vinyl
  • Windows: Double Pane, Vinyl Frame
  • Bedrooms: 2
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen: Garbage Disposal, Microwave Built-in, Dishwasher Built-in, Gas Range, Single Oven
  • Fireplace Description: Insert -Wood
  • Laundry Location: Garage
  • Price Per Square Foot: 269.40
  • Square Footage: 928.00

Exterior Features

  • Construction: Wood Frame, Wood Siding
  • Fenced: Yes
  • Foundation: Slab
  • Landscaped: Front
  • Patio Deck: Patio, Uncovered
  • Roof: Pitched, Composition

Garage/Parking

  • Garage Type: Attached
  • Garage: 2.00

Utilities

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

Lot Info

  • Acres: 0.1152
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 5017.00
  • Price Per Acre: 2170138.89

Green Features

  • Green Features: Low E Windows

Tax Info

  • Annual Taxes: 1732.00
  • Assessor Parcel Number: 032-281-48-10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2013
Closed on
Nov 22, 2013
Sold by
Steele Phillip H and Clark Kathy A
Bought by
Mcinerney Donald R and Mcinerney Carolyn L
Seller's Agent
Linda Szendrey
Chase International
Buyer's Agent
Brent Johnson
Chase International - South La
List Price
$265,000
Sold Price
$250,000
Premium/Discount to List
-$15,000
-5.66%
Current Estimated Value
$485,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,458
Avg. Annual Appreciation
5.72%
Original Mortgage
$200,000
Outstanding Balance
$148,854
Interest Rate
4.18%
Mortgage Type
New Conventional
Estimated Equity
$336,604

Purchase Details

Listed on
Jul 24, 2012
Closed on
Oct 15, 2012
Sold by
Blake James J
Bought by
Steele Phillip H and Clark Kathy A
Seller's Agent
Shannon Witt
Berkshire Hathaway HS - SLT
Buyer's Agent
Linda Szendrey
Chase International
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.10%

Purchase Details

Closed on
Apr 5, 2002
Sold by
Gissell Dylan
Bought by
Blake James J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,400
Interest Rate
5.87%

Purchase Details

Closed on
Jan 17, 2001
Sold by
Nazar Dawn and Nazar Joseph
Bought by
Gissell Dylan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,300
Interest Rate
7.08%

Purchase Details

Closed on
Aug 13, 1999
Sold by
Wittmer James E Tr and Wittmer Margaret Tr Etal
Bought by
Nazar Dawn and Nazar Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,050
Interest Rate
7.56%
Source: Public Records

Range of Values:

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Average Value
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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
Mcinerney Donald R $250,000 Placer Title Company
Steele Phillip H $150,000 Placer Title Company
Blake James J $193,000 Placer Title Company
Gissell Dylan $174,000 Stewart Title Company
Nazar Dawn $124,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcinerney Donald R $200,000
Previous Owner Blake James J $154,400
Previous Owner Gissell Dylan $165,300
Previous Owner Nazar Dawn $112,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/25/2013 11/25/13 Sold $250,000 -5.7% $269 / Sq Ft
10/23/2013 10/23/13 Pending -- -- --
06/07/2013 06/07/13 For Sale $265,000 +76.7% $286 / Sq Ft
10/19/2012 10/19/12 Sold $150,000 0.0% $162 / Sq Ft View Prior Sale
07/28/2012 07/28/12 Pending -- -- --
07/24/2012 07/24/12 For Sale $150,000 -- $162 / 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 $3,279 $306,452 $49,028 $257,424
2024 $3,279 $300,444 $48,067 $252,377
2023 $3,222 $294,554 $47,125 $247,429
2022 $3,190 $288,779 $46,201 $242,578
2021 $3,141 $283,118 $45,296 $237,822
2020 $3,096 $280,216 $44,832 $235,384
2019 $3,081 $274,722 $43,953 $230,769
2018 $3,013 $269,337 $43,092 $226,245
2017 $2,966 $264,057 $42,248 $221,809
2016 $2,907 $258,880 $41,420 $217,460
2015 $2,760 $254,994 $40,799 $214,195
2014 $2,760 $250,000 $40,000 $210,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 120992

South Tahoe Association of REALTORS®

APN: 032-281-048-000